Corsair Capital announced today the final close of its fifth fund with $1 billion of limited partner commitments and an additional $264 million of co-investment capital to date.
Corsair V met its $1 billion fundraising target thanks to strong interest from new and existing investors. The firm’s previous fund, Corsair IV, had $863 million in committed capital.
The investment focus is on business and financial services with an eye toward identifying growing businesses that combine financial services complexity with transformational technology in areas including payments, software, consumer financial product distribution and others.
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