CamberView Partners Receives Long-Term Strategic Investment from Corsair Capital
Corsair Capital's Investment Enables CamberView to Further Expand its Global Reach
SAN FRANCISCO, Sept. 13, 2016 /PRNewswire/ -- CamberView Partners, LLC, the leading provider of independent, investor-led advice to public companies in connection with investor engagement, contested situations, and complex and challenging corporate governance issues, today announced that it is pleased to welcome Corsair Capital, LLC as a long-term investor in its business. Corsair Capital is one of the longest-standing private equity firms focused on the financial services industry.
The partnership will provide CamberView with Corsair Capital's deep expertise in growing financial services firms. It will also enable CamberView to capitalize on Corsair Capital's extensive executive and shareholder relationships in Europe and the US both to expand the global reach of CamberView's platform and to meet the growing demand of public companies and their boards for sophisticated, investor-based advice regarding complex shareholder matters. As part of the transaction, Corsair Capital will receive a substantial minority stake in CamberView and director representation on its board. The existing CamberView team will continue in place with the day-to-day management of the firm and the execution of client engagements and will retain majority representation on its board of directors.
Abe Friedman, Managing Partner of CamberView Partners, stated, "Corsair Capital's investment is an important validation of the unique advisory platform that CamberView has built, and its long-term growth potential both domestically and internationally. The investment furthers strategically, financially, and operationally, CamberView's ability to build its infrastructure, investor insight, and market reach to serve the needs of clients. The partnership with Corsair Capital provides CamberView with a highly-regarded long-term strategic investor with significant institutional relationships and deep experience in helping to build and optimize human-capital businesses."
D. T. Ignacio Jayanti, Managing Partner of Corsair Capital, added, "Corsair Capital is pleased to commit both capital and expertise to help grow the long-term potential of CamberView. The dynamics of the relationship between public companies and their shareholders have become critical elements in how businesses operate. We have the highest regard for the expertise and capabilities of the CamberView team and look forward to contributing to CamberView's promising future."
Terms of the transaction were not disclosed.
About CamberView
CamberView Partners is the leading provider of independent, investor-led advice to public companies on how to successfully manage investor engagement, contested situations and complex and challenging corporate governance issues. We advise company executives and boards on a wide range of events including contested merger situations, hedge fund activism, director elections, compensation matters, difficult shareholder proposals and more. CamberView helps its clients succeed with their investors by making sure they understand the investor's perspective and how they will respond to the company's proposals, and by creating successful proactive strategies for investor engagement.
About Corsair Capital
Corsair Capital LLC, which includes a highly regarded private equity platform, is a leading investor in the financial services industry. Corsair Capital has invested across a range of geographies and in substantially all of the subsectors of the financial services industry including payments, financial technology & services, insurance, wealth & asset management, banking and specialty finance. Corsair has more than $5 billion of assets under management.
Media Contacts
For CamberView
Chad Spitler
415-660-3906
[email protected]
For Corsair Capital
Robert Siegfried / Ross Lovern
KEKST
212-521-4832 / 212-521-4876
[email protected] / [email protected]
SOURCE CamberView Partners, LLC
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