0001140361-12-007823.txt : 20120214 0001140361-12-007823.hdr.sgml : 20120214 20120214122429 ACCESSION NUMBER: 0001140361-12-007823 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 EFFECTIVENESS DATE: 20120214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CORSAIR CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001276470 IRS NUMBER: 043683843 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10823 FILM NUMBER: 12606339 BUSINESS ADDRESS: STREET 1: 350 MADISON AVENUE STREET 2: 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2123898240 MAIL ADDRESS: STREET 1: 350 MADISON AVENUE STREET 2: 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/2011 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Corsair Capital Management, L.L.C. Address: 350 Madison Avenue, 9th Floor New York, New York 10017 Form 13F File Number: 028-10823 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Jay Petschek Title: Managing Member Phone: (212) 389-8240 Signature, Place, and Date of Signing: /s/ Jay Petschek New York, New York 2/14/2012 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 96 Form 13F Information Table Value Total: $ 404,183 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- ACCURIDE CORP NEW COM NEW 00439T206 365 51,298 SH SOLE 51,298 0 0 AIR TRANSPORT SERVICES GRP I COM 00922R105 788 166,971 SH SOLE 166,971 0 0 ALPHA NATURAL RESOURCES COM 02076X102 1,365 66,796 SH SOLE 66,796 0 0 AMERICAN EAGLE OUTFITTERS NEW COM 02553E106 922 60,331 SH SOLE 60,331 0 0 AMERICAN WTR WKS CO INC NEW COM 030420103 3,825 120,060 SH SOLE 120,060 0 0 AMTRUST FINANCIAL SERVICES COM 032359309 4,401 185,286 SH SOLE 185,286 0 0 AON CORP COM 037389103 31,844 680,423 SH SOLE 680,423 0 0 BARRICK GOLD COM 067901108 1,691 37,368 SH SOLE 37,368 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2,161 28,317 SH SOLE 28,317 0 0 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 711 50,000 SH SOLE 50,000 0 0 CAPITAL ONE FINL CORP COM 14040H105 1,258 29,758 SH SOLE 29,758 0 0 CAPITALSOURCE INC COM 14055X102 2,025 302,195 SH SOLE 302,195 0 0 CARMIKE CINEMAS INC COM 143436400 206 30,000 SH SOLE 30,000 0 0 CELANESE CORP DEL COM SER A 150870103 1,125 25,416 SH SOLE 25,416 0 0 CHARMING SHOPPES INC COM 161133103 3,827 781,039 SH SOLE 781,039 0 0 CHINACAST EDU CORP COM 16946T109 861 140,747 SH SOLE 140,747 0 0 CLEARWATER PAPER CORP COM 18538R103 988 27,741 SH SOLE 27,741 0 0 COMCAST CORP NEW CL A 20030N101 2,288 97,111 SH SOLE 97,111 0 0 CVS CAREMARK CORPORATION COM 126650100 3,484 85,443 SH SOLE 85,443 0 0 DANA HOLDING CORP COM 235825205 5,254 432,397 SH SOLE 432,397 0 0 DATA I O CORP COM 237690102 131 34,903 SH SOLE 34,903 0 0 DUOYUAN GLOBAL WTR INC SPONSORED ADR 266043108 78 20,000 SH SOLE 20,000 0 0 EDISON INTL COM 281020107 2,123 51,285 SH SOLE 51,285 0 0 EXPEDIA INC DEL COM 30212P105 537 18,513 SH SOLE 18,513 0 0 FIDELITY NATL INFORMATION SV COM 31620M106 1,871 70,377 SH SOLE 70,377 0 0 FRANKLIN RES INC COM 354613101 2,248 23,397 SH SOLE 23,397 0 0 GENCORP INC COM 368682100 300 56,401 SH SOLE 56,401 0 0 GENERAL GROWTH PPTYS INC NEW COM 370023103 1,821 121,232 SH SOLE 121,232 0 0 GENIE ENERGY LTD CL B 372284208 5,387 679,340 SH SOLE 679,340 0 0 GLOBE SPECIALTY METALS INC COM 37954N206 18,460 1,378,630 SH SOLE 1,378,630 0 0 GOOGLE INC CL A 38259P508 4,842 7,497 SH SOLE 7,497 0 0 GRAMERCY CAP CORP COM 384871109 848 339,129 SH SOLE 339,129 0 0 GREAT LAKES DREDGE & DOCK CO COM 390607109 629 113,187 SH SOLE 113,187 0 0 HARVEST NATURAL RESOURCES INC COM 41754V103 1,481 200,690 SH SOLE 200,690 0 0 HAWAIIAN TELCOM HOLDCO INC COM 420031106 722 46,894 SH SOLE 46,894 0 0 IDT CORP CL B NEW 448947507 5,829 621,437 SH SOLE 621,437 0 0 INNOPHOS HOLDINGS INC COM 45774N108 35,610 733,318 SH SOLE 733,318 0 0 JPMORGAN CHASE & CO COM 46625H100 668 20,091 SH SOLE 20,091 0 0 KAPSTONE PAPER AND PACKAGING COM 48562P103 8,126 516,294 SH SOLE 516,294 0 0 KAR AUCTION SVCS INC COM 48238T109 6,935 513,707 SH SOLE 513,707 0 0 KEMET CORP COM NEW 488360207 364 51,661 SH SOLE 51,661 0 0 KRAFT FOODS INC CL A 50075N104 5,296 141,763 SH SOLE 141,763 0 0 LEAR CORP COM NEW 521865204 526 13,224 SH SOLE 13,224 0 0 LIBERTY MEDIA CORPORATION LIB CAP COM A 530322106 3,329 42,650 SH SOLE 42,650 0 0 LIBERTY GLOBAL INC COM SER A 530555101 6,730 164,031 SH SOLE 164,031 0 0 LIFE TECHNOLOGIES CORP COM 53217V109 350 8,992 SH SOLE 8,992 0 0 LIVE NATION ENTERTAINMENT INC COM 538034109 6,099 733,882 SH SOLE 733,882 0 0 LOEWS CORP COM 540424108 4,553 120,940 SH SOLE 120,940 0 0 LSB INDS INC COM 502160104 2,333 83,221 SH SOLE 83,221 0 0 LYONDELLBASELL INDUSTRIES SHS - A - N53745100 21,477 661,043 SH SOLE 661,043 0 0 MAIDEN HOLDINGS LTD SHS G5753U112 9,727 1,110,400 SH SOLE 1,110,400 0 0 MARATHON OIL CORP COM 565849106 6,133 209,534 SH SOLE 209,534 0 0 MARATHON PETE CORP COM 56585A102 2,667 80,100 SH SOLE 80,100 0 0 MARRIOTT INTL INC NEW CL A 571903202 962 32,968 SH SOLE 32,968 0 0 MARRIOTT VACATIONS WORLDWIDE -CORP COM 57164Y107 4,614 268,890 SH SOLE 268,890 0 0 MEDCATH CORP COM 58404W109 326 44,759 SH SOLE 44,759 0 0 META FINANCIAL GROUP COM 59100U108 236 14,173 SH SOLE 14,173 0 0 METLIFE INC COM 59156R108 1,261 40,435 SH SOLE 40,435 0 0 MICROSOFT CORP COM 594918104 2,540 97,855 SH SOLE 97,855 0 0 NORDION INC COM 65563C105 12,192 1,458,331 SH SOLE 1,458,331 0 0
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- OCCIDENTAL PETE CORP DEL COM 674599105 904 9,644 SH SOLE 9,644 0 0 OMNICARE INC COM 681904108 3,357 97,445 SH SOLE 97,445 0 0 PAR TECHNOLOGY CORP COM 698884103 680 172,638 SH SOLE 172,638 0 0 PHOTOMEDEX INC COM PAR $0.01 719358301 3,308 256,412 SH SOLE 256,412 0 0 PRIMUS GUARANTY LTD SHS G72457107 246 50,160 SH SOLE 50,160 0 0 PROVIDENCE & WORCESTER RR CO COM 743737108 148 12,945 SH SOLE 12,945 0 0 REPUBLIC AWYS HLDGS INC COM 760276105 13,059 3,807,434 SH SOLE 3,807,434 0 0 SCHWEITZER-MAUDUIT INTL INC COM 808541106 4,033 60,680 SH SOLE 60,680 0 0 SHAW GROUP INC COM 820280105 12,703 472,220 SH SOLE 472,220 0 0 SIMULATIONS PLUS INC COM 829214105 45 14,901 SH SOLE 14,901 0 0 SIX FLAGS ENTMT CORP NEW COM 83001A102 20,227 490,471 SH SOLE 490,471 0 0 SKYSTAR BIO-PHARMA CO COM PAR $.001 830884300 222 81,054 SH SOLE 81,054 0 0 SLM CORP COM 78442P106 1,923 143,529 SH SOLE 143,529 0 0 SPANSION INC COM CL A NEW 84649R200 1,289 155,681 SH SOLE 155,681 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 9,817 64,592 SH SOLE 64,592 0 0 SPDR S&P 500 ETF TR UNIT SER 1 S&P 78462F103 14,109 112,426 SH SOLE 112,426 0 0 STARWOOD HOTELS&RESORTS WRLD COM 85590A401 723 15,073 SH SOLE 15,073 0 0 STATE STR CORP COM 857477103 1,822 45,199 SH SOLE 45,199 0 0 TE CONNECTIVITY LTD REG SHS H84989104 2,525 81,960 SH SOLE 81,960 0 0 TECK RESOURCES LTD CL B 878742204 2,106 59,847 SH SOLE 59,847 0 0 TEEKAY CORPORATION COM Y8564W103 1,087 40,650 SH SOLE 40,650 0 0 TELECOMMUNICATION SYS INC CL A 87929J103 35 15,000 SH SOLE 15,000 0 0 TERNIUM SA SPON ADR 880890108 348 18,928 SH SOLE 18,928 0 0 TIME WARNER INC COM 88732J207 910 14,320 SH SOLE 14,320 0 0 TNS INC COM 872960109 13,969 788,333 SH SOLE 788,333 0 0 TRINITY BIOTECH PLC SPON ADR NEW 896438306 2,232 219,230 SH SOLE 219,230 0 0 VALEANT PHARMACEUTICALS INTL COM 91911K102 1,544 33,065 SH SOLE 33,065 0 0 VIACOM INC NEW CL B 92553P201 3,046 67,076 SH SOLE 67,076 0 0 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 6,345 226,368 SH SOLE 226,368 0 0 WALTER ENERGY INC COM 93317Q105 2,785 45,982 SH SOLE 45,982 0 0 WESTMORELAND COAL CO COM 960878106 3,160 247,870 SH SOLE 247,870 0 0 WILLIAMS COS INC DEL COM 969457100 3,772 114,224 SH SOLE 114,224 0 0 WR BERKLEY COM 084423102 8,589 249,749 SH SOLE 249,749 0 0 WYNDHAM WORLDWIDE CORP COM 98310W108 1,383 36,561 SH SOLE 36,561 0 0 XERIUM TECHNOLOGIES INC COM 98416J118 612 93,510 SH SOLE 93,510 0 0 XEROX CORP COM 984121103 1,369 171,999 SH SOLE 171,999 0 0