NEW YORK, June 8, 2012 /PRNewswire-Asia/ -- In response to inaccurate media reports, Corsair Capital LLC ("Corsair") today stated it is not an investor in a reported transaction involving Ontario Teachers Pension Plan and Korea Asset Management Corporation ("KAMCO") for KAMCO's 9.9% stake in Kyobo Life Insurance.
About Corsair Capital, LLC Corsair Capital is a leading specialist private equity firm focused exclusively on investing in the global financial services industry. Corsair has invested across a range of geographies and cycles, and in substantially all of the subsectors of the financial services industry including insurance, asset management, depository institutions, and specialty finance in North America, Western Europe, and the Emerging Markets of Asia, Latin America, and Central Europe. More information about the firm may be accessed through the website www.corsair-capital.com.
Media Contacts:
Robert Siegfried/Jeremy Fielding
Kekst and Company
+1-212-521-4800