0001140361-12-025333.txt : 20120515 0001140361-12-025333.hdr.sgml : 20120515 20120515150006 ACCESSION NUMBER: 0001140361-12-025333 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120515 DATE AS OF CHANGE: 20120515 EFFECTIVENESS DATE: 20120515 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: 12843733 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: 3/31/2012 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 5/14/2012 --------------------------------- --------------------------------- ---------- [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: 101 Form 13F Information Table Value Total: $ 490,107 -------------- (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 444 51,077 SH SOLE 51,077 0 0 AIR TRANSPORT SERVICES GRP I COM 00922R105 1,123 193,892 SH SOLE 193,892 0 0 AMERICAN EAGLE OUTFITTERS NEW COM 02553E106 861 50,071 SH SOLE 50,071 0 0 AMERICAN WTR WKS CO INC NEW COM 030420103 3,535 103,869 SH SOLE 103,869 0 0 AMTRUST FINANCIAL SERVICES COM 032359309 5,140 191,216 SH SOLE 191,216 0 0 AON CORP COM 037389103 29,127 593,692 SH SOLE 593,692 0 0 APPLE INC COM 037833100 13,767 22,963 SH SOLE 22,963 0 0 BARRICK GOLD COM 067901108 2,920 67,164 SH SOLE 67,164 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2,288 28,195 SH SOLE 28,195 0 0 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 731 49,789 SH SOLE 49,789 0 0 CAPITAL ONE FINL CORP COM 14040H105 1,097 19,673 SH SOLE 19,673 0 0 CAREFUSION CORP COM 14170T101 3,191 123,076 SH SOLE 123,076 0 0 CARMIKE CINEMAS INC COM 143436400 745 53,390 SH SOLE 53,390 0 0 CELANESE CORP DEL COM SER A 150870103 2,088 45,220 SH SOLE 45,220 0 0 CHARMING SHOPPES INC COM 161133103 4,640 786,401 SH SOLE 786,401 0 0 CHINACAST EDU CORP COM 16946T109 501 118,189 SH SOLE 118,189 0 0 CLEARWATER PAPER CORP COM 18538R103 917 27,621 SH SOLE 27,621 0 0 COMCAST CORP NEW CL A 20030N101 2,362 80,050 SH SOLE 80,050 0 0 CVS CAREMARK CORPORATION COM 126650100 3,808 85,001 SH SOLE 85,001 0 0 DANA HOLDING CORP COM 235825205 6,204 400,286 SH SOLE 400,286 0 0 DATA I O CORP COM 237690102 97 24,753 SH SOLE 24,753 0 0 DIGITAL GENERATION INC COM 25400B108 1,079 105,674 SH SOLE 105,674 0 0 DIGITALGLOBE INC COM NEW 25389M877 12,562 941,660 SH SOLE 941,660 0 0 DISCOVER FINL SVCS COM 254709108 2,325 69,742 SH SOLE 69,742 0 0 DONNELLEY R R & SONS CO COM 257867101 496 40,000 SH SOLE 40,000 0 0 DUOYUAN GLOBAL WTR INC SPONSORED ADR 266043108 14 19,932 SH SOLE 19,932 0 0 EARTHLINK INC COM 270321102 1,704 213,285 SH SOLE 213,285 0 0 EDISON INTL COM 281020107 2,171 51,064 SH SOLE 51,064 0 0 FRANKLIN RES INC COM 354613101 2,765 22,296 SH SOLE 22,296 0 0 FURIEX PHARMACEUTICALS INC COM 36106P101 354 15,000 SH SOLE 15,000 0 0 GENERAL GROWTH PPTYS INC NEW COM 370023103 2,051 120,709 SH SOLE 120,709 0 0 GENIE ENERGY LTD CL B 372284208 6,672 689,930 SH SOLE 689,930 0 0 GLOBE SPECIALTY METALS INC COM 37954N206 25,041 1,683,977 SH SOLE 1,683,977 0 0 GOOGLE INC CL A 38259P508 4,145 6,465 SH SOLE 6,465 0 0 GRAMERCY CAP CORP COM 384871109 902 337,665 SH SOLE 337,665 0 0 HARVEST NATURAL RESOURCES INC COM 41754V103 628 88,690 SH SOLE 88,690 0 0 HAWAIIAN TELCOM HOLDCO INC COM 420031106 753 43,692 SH SOLE 43,692 0 0 HEWLETT PACKARD CO COM 428236103 477 20,000 SH CALL SOLE 20,000 0 0 HEWLETT PACKARD CO COM 428236103 2,383 100,000 SH CALL SOLE 100,000 0 0 HEWLETT PACKARD CO COM 428236103 1,430 60,000 SH CALL SOLE 60,000 0 0 HEWLETT PACKARD CO COM 428236103 1,430 60,000 SH CALL SOLE 60,000 0 0 IDT CORP CL B NEW 448947507 5,343 572,022 SH SOLE 572,022 0 0 INNOPHOS HOLDINGS INC COM 45774N108 33,256 663,521 SH SOLE 663,521 0 0 INTERDIGITAL INC COM 45867G101 10,600 304,079 SH SOLE 304,079 0 0 JPMORGAN CHASE & CO COM 46625H100 920 20,004 SH SOLE 20,004 0 0 JPMORGAN CHASE & CO COM 48562P103 5,449 276,577 SH SOLE 276,577 0 0 KAR AUCTION SVCS INC COM 48238T109 8,279 510,718 SH SOLE 510,718 0 0 KEMET CORP COM NEW 488360207 444 47,455 SH SOLE 47,455 0 0 KRAFT FOODS INC CL A 50075N104 5,552 146,060 SH SOLE 146,060 0 0 LAKES ENTMNT INC COM 51206P109 724 401,986 SH SOLE 401,986 0 0 LEAR CORP COM NEW 521865204 1,542 33,167 SH SOLE 33,167 0 0 LIBERTY GLOBAL INC COM SER A 530555101 6,046 120,720 SH SOLE 120,720 0 0 LIBERTY MEDIA CORPORATION LIB CAP COM A 530322106 3,478 39,450 SH SOLE 39,450 0 0 LIVE NATION ENTERTAINMENT INC COM 538034109 5,331 565,046 SH SOLE 565,046 0 0 LOEWS CORP COM 540424108 4,798 120,332 SH SOLE 120,332 0 0 LSB INDS INC COM 502160104 1,043 26,805 SH SOLE 26,805 0 0 LYONDELLBASELL INDUSTRIES SHS - A - N53745100 25,203 577,383 SH SOLE 577,383 0 0 MAIDEN HOLDINGS LTD SHS G5753U112 8,879 986,603 SH SOLE 986,603 0 0 MARATHON OIL CORP COM 565849106 8,577 270,575 SH SOLE 270,575 0 0 MARATHON PETE CORP COM 56585A102 2,709 62,473 SH SOLE 62,473 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 ---------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- MARRIOTT INTL INC NEW CL A 571903202 1,238 32,696 SH SOLE 32,696 0 0 MARRIOTT VACATIONS WORLDWIDE -CORP COM 57164Y107 5,103 178,991 SH SOLE 178,991 0 0 META FINANCIAL GROUP COM 59100U108 601 28,641 SH SOLE 28,641 0 0 METLIFE INC COM 59156R108 4,302 115,190 SH SOLE 115,190 0 0 MICROSOFT CORP COM 594918104 3,143 97,433 SH SOLE 97,433 0 0 NORDION INC COM 65563C105 12,822 1,319,135 SH SOLE 1,319,135 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 914 9,602 SH SOLE 9,602 0 0 OMNICARE INC COM 681904108 1,748 49,154 SH SOLE 49,154 0 0 PAR TECHNOLOGY CORP COM 698884103 668 136,046 SH SOLE 136,046 0 0 PHOTOMEDEX INC COM PAR $0.01 719358301 2,568 198,263 SH SOLE 198,263 0 0 PRIMUS GUARANTY LTD SHS G72457107 303 50,160 SH SOLE 50,160 0 0 REPUBLIC AWYS HLDGS INC COM 760276105 19,284 3,903,658 SH SOLE 3,903,658 0 0 SCHWEITZER-MAUDUIT INTL INC COM 808541106 3,141 45,483 SH SOLE 45,483 0 0 SEAGATE TECHNOLOGY PLC SHS G7945M107 2,653 98,440 SH SOLE 98,440 0 0 SHAW GROUP INC COM 820280105 15,397 485,561 SH SOLE 485,561 0 0 SHUTTERFLY INC COM 82568P304 627 20,000 SH SOLE 20,000 0 0 SIX FLAGS ENTMT CORP NEW COM 83001A102 19,604 419,162 SH SOLE 419,162 0 0 SKYSTAR BIO-PHARMA CO COM PAR $.001 830884300 616 228,808 SH SOLE 228,808 0 0 SLM CORP COM 78442P106 2,252 142,909 SH SOLE 142,909 0 0 SPANSION INC COM CL A NEW 84649R200 1,645 135,052 SH SOLE 135,052 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 10,419 64,268 SH SOLE 64,268 0 0 SPDR S&P 500 ETF TR UNIT SER 1 S&P 78462F103 15,751 111,861 SH SOLE 111,861 0 0 STARWOOD HOTELS&RESORTS WRLD COM 85590A401 283 5,008 SH SOLE 5,008 0 0 STATE STR CORP COM 857477103 2,048 45,004 SH SOLE 45,004 0 0 SUNCOKE ENERGY INC COM 86722A103 16,257 1,144,053 SH SOLE 1,144,053 0 0 TE CONNECTIVITY LTD REG SHS H84989104 2,999 81,606 SH SOLE 81,606 0 0 TECK RESOURCES LTD CL B 878742204 1,673 46,904 SH SOLE 46,904 0 0 TEEKAY CORPORATION COM Y8564W103 1,667 47,942 SH SOLE 47,942 0 0 TERNIUM SA SPON ADR 880890108 515 21,757 SH SOLE 21,757 0 0 TNS INC COM 872960109 17,242 793,482 SH SOLE 793,482 0 0 TRINITY BIOTECH PLC SPON ADR NEW 896438306 2,275 213,231 SH SOLE 213,231 0 0 VALEANT PHARMACEUTICALS INTL COM 91911K102 1,768 32,922 SH SOLE 32,922 0 0 VIACOM INC NEW CL B 92553P201 1,983 41,786 SH SOLE 41,786 0 0 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 6,178 223,285 SH SOLE 223,285 0 0 WALTER ENERGY INC COM 93317Q105 2,336 39,453 SH SOLE 39,453 0 0 WESTMORELAND COAL CO COM 960878106 2,732 244,610 SH SOLE 244,610 0 0 WILLIAMS COS INC DEL COM 969457100 3,808 123,601 SH SOLE 123,601 0 0 WR BERKLEY COM 084423102 6,263 173,393 SH SOLE 173,393 0 0 WYNDHAM WORLDWIDE CORP COM 98310W108 1,030 22,152 SH SOLE 22,152 0 0 XERIUM TECHNOLOGIES INC COM 98416J118 536 83,106 SH SOLE 83,106 0 0 XEROX CORP COM 984121103 576 71,343 SH SOLE 71,343 0 0