Corsair Capital returned 4% net for the second quarter, bringing its year-to-date return to 7.2% net. Corsair Select gained 7.8% net for a year-to-date return of 17.6% net.
The HFRI EHI index returned 3% for the second quarter and is up 5.6% for the first half of 2023. Meanwhile, the S&P 500 gained 8.7% for the second quarter for a year-to-date return of 16.9%, and the Russell 2000 is up 5.2% for the quarter and 8.1% year to date.
Corsair Capital has recorded a compounded net annual return of 11% since its inception in January 1991, while Corsair...