Our Team


Jay petschek

Founder and Managing Member

Mr. Petschek is the founder and a Principal of the general partner of Corsair Capital Management, L.P., the Investment Manager of Corsair Capital Partners, L.P. Mr. Petschek founded the predecessor to Corsair Capital Partners, L.P. in 1991 at which time he was a Senior Managing Director at Ladenburg Thalmann & Co. Inc., responsible for the firm’s proprietary asset management activities and a member of Ladenburg’s Board of Directors and Executive Committee. Mr. Petschek joined Ladenburg in 1984, spending ten years in corporate finance and two years as Director of the firm’s Research Department. Prior to joining Ladenburg, Mr. Petschek was an Assistant Treasurer in the World Corporate Department at Bankers Trust Company. Mr. Petschek serves on the Board of Directors of the Boyar Value Fund, an open-ended public mutual fund. He graduated from Harvard College in 1980 with a B.A. in Applied Mathematics and received an M.S. in Management from the Sloan School of Management, M.I.T. in 1982.



Steve Major

Managing Member

Mr. Major is a Principal of the general partner of Corsair Capital Management, L.P. From 1996 – 2001, Mr. Major was a managing director and portfolio manager in the Asset Management Department of Ladenburg Thalmann & Co. Inc. Previously, Mr. Major was a vice president at Oppenheimer & Co., Inc. where he specialized in publishing sell-side equity investment research reports covering a special situations stock universe comprised of companies that had emerged from bankruptcy or a general restructuring process. From 1990-1992, Mr. Major was an Analyst in the Investment Banking Division of Goldman, Sachs & Co. Additionally, Mr. Major is a member of the Board of Directors of Yeshiva College from which he graduated in 1990 with a B.A. in English. He received his MBA in Finance from Columbia Business School in 1994.



Research Analyst

Mr. Mishaan joined Corsair in 2007. He is an analyst in the Research department. Prior to joining Corsair, Elie was an analyst in the investment banking division of Lehman Brothers. Mr. Mishaan graduated from The Johns Hopkins University with a B.A. in Psychology and Near Eastern Studies and a minor in Entrepreneurship & Management. He is a member of Phi Beta Kappa.



Philippe “PJ” Kurzweil, CFA

Research Analyst

Mr. Kurzweil joined Corsair in 2013. He is an analyst in the Research department. Prior to joining Corsair, Mr. Kurzweil was a macro research analyst at Morgan Stanley Investment Management. Mr. Kurzweil graduated from Princeton University with a BSE in Operations Research and Financial Engineering. He is a member of Phi Beta Kappa. PJ holds the Chartered Financial Analyst designation and is a member of the New York Society of Security Analysts.




Chief Compliance and
Operations Officer

Mr. Hess joined Corsair in 2002. He is the firm’s Chief Operating Officer and Chief Compliance Officer. Mr. Hess oversees all non-investment related activities of the firm. Prior to joining Corsair, Mr. Hess was Vice President at Meyer Duffy Ventures, a venture capital firm, and prior to that he was an assistant NASDAQ trader at Cowen & Co. Mr. Hess graduated from the University of Vermont with a B.S. in Business Administration. He is founder and President of the Young Professionals Division of the NY Chapter of the Crohn’s and Colitis Foundation of America and a member of the board.



Operations and Compliance

Mr. Zelin joined Corsair in 2011. He is an Operations and Compliance Professional in the Operations Department. Previously, Mr. Zelin was an intern with Bryant Park Capital in a research analyst position. Mr. Zelin graduated from Lehigh University in 2010 with a B.A. in Business and Economics.



Operations and Investor Relations

Mr. Ledford joined Corsair in 2017. He is a member of the Operations Department and Investor Relations team. Mr. Ledford graduated from the University of North Carolina at Chapel Hill with a B.A. in Global Studies and a minor in Public Policy. Prior to joining Corsair, Mr. Ledford worked in non-profit policy consulting. In his spare time, Mr. Ledford enjoys refinishing antique furniture and traveling.