CORSAIR SELECT LP Amends D/A, Confirms 3(c)(7) Exempt Status

TL;DR

**CORSAIR SELECT LP is a private fund for rich investors, confirmed by its D/A filing.**

AI Summary

CORSAIR SELECT LP, a Delaware-incorporated company, filed an amended D/A form on March 23, 2026, updating its Notice of Exempt Offering of Securities. This filing specifically indicates that CORSAIR SELECT LP operates under Section 3(c)(7) of the Investment Company Act, meaning it's a private investment fund that sells securities only to 'qualified purchasers.' This matters to potential investors because it confirms the fund's status as a private entity not subject to the same public registration and disclosure requirements as typical mutual funds, indicating it's only accessible to sophisticated, high-net-worth individuals or institutions.

Why It Matters

This filing clarifies CORSAIR SELECT LP's regulatory status as a private fund, meaning its investment opportunities are restricted to 'qualified purchasers' and it operates with less public disclosure than registered investment companies.

Risk Assessment

Risk Level: medium — The 'medium' risk level reflects that while the fund is exempt from certain regulations, its private nature means less public information is available, which can increase risk for those not considered 'qualified purchasers' or those unfamiliar with private fund structures.

Analyst Insight

A smart investor would recognize that this filing confirms CORSAIR SELECT LP is a private fund for 'qualified purchasers' and not a publicly traded entity. Therefore, this information is primarily relevant for those already involved with or considering private investments with the fund, rather than public stock market investors.

Key Numbers

• 021-126903 — File No. (unique identifier for the filing)
• 26783382 — Film No. (internal SEC film number for the filing)

Key Players & Entities

• CORSAIR SELECT LP (company) — the filer of the D/A form
• 0001456208 (company) — CORSAIR SELECT LP's CIK
• Delaware (company) — state of incorporation for CORSAIR SELECT LP
• March 23, 2026 (date) — filing and acceptance date of the D/A form
• Section 3(c)(7) (other) — exemption under the Investment Company Act

FAQ

Key Financial Figures

• $1 — enues   No Aggregate Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,
• $1,000,000 — No Aggregate Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,
• $5,000,000 — Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,000   $5,000,001
• $1,000,001 — e   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,000   $5,000,001 - $25,000,000
• $5,000,001 — $5,000,000   $1,000,001 - $5,000,000   $5,000,001 - $25,000,000 $5,000,001 - $25,000,000
• $25,000,000 — $1,000,001 - $5,000,000   $5,000,001 - $25,000,000 $5,000,001 - $25,000,000   $25,000,001
• $25,000,001 — $25,000,000 $5,000,001 - $25,000,000   $25,000,001 - $50,000,000 $25,000,001 - $100,000,0
• $50,000,000 — 5,000,001 - $25,000,000   $25,000,001 - $50,000,000 $25,000,001 - $100,000,000   $50,000,0
• $100,000,000 — 25,000,001 - $50,000,000 $25,000,001 - $100,000,000   $50,000,001 - $100,000,000   Over $1
• $50,000,001 — 0,000,000 $25,000,001 - $100,000,000   $50,000,001 - $100,000,000   Over $100,000,000   O

Filing Documents

• primary_doc.html (D/A)
• primary_doc.xml (D/A) — 20KB
• 0001013594-26-000382.txt ( ) — 22KB

From the Filing

Form D FORM D Notice of Exempt Offering of Securities UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. OMB APPROVAL OMB Number: 3235-0076 Estimated Average burden hours per response: 4.0 1. Issuer's Identity CIK (Filer ID Number) Previous Name(s) None Entity Type Corporation Limited Partnership   Limited Liability Company   General Partnership   Business Trust Other   Name of Issuer   CORSAIR SELECT LP Jurisdiction of Incorporation/Organization DELAWARE   Year of Incorporation/Organization Over Five Years Ago Within Last Five Years (Specify Year)   Yet to Be Formed           2. Principal Place of Business and Contact Information Name of Issuer   CORSAIR SELECT LP Street Address 1 Street Address 2   18 EAST 48TH STREET   20TH FLOOR   NEW YORK   NEW YORK     10017   212-949-3006   3. Related Persons Last Name First Name Middle Name Petschek Jay R. Street Address 1 Street Address 2   18 East 48th Street     20th Floor   New York   NEW YORK   10017   Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Managing Member of (i) the General Partner, Corsair Select Advisors, L.L.C. and (ii) the General Partner of the Investment Manager, Corsair Capital Management, L.P. Last Name First Name Middle Name Major Steven Street Address 1 Street Address 2   18 East 48th Street     20th Floor   New York   NEW YORK   10017   Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Managing Member of (i) the General Partner, Corsair Select Advisors, L.L.C. and (ii) the General Partner of the Investment Manager, Corsair Capital Management, L.P. 4. Industry Group   Agriculture Banking & Financial Services     Commercial Banking     Insurance   Investing     Investment Banking     Pooled Investment Fund Hedge Fund Other Investment Fund Private Equity Fund Venture Capital Fund *Is the issuer registered as an investment company under the Investment Company Act of 1940? Yes  No   Other Banking & Financial Services   Business Services Energy     Coal Mining     Electric Utilities     Energy Conservation     Environmental Services     Oil & Gas     Other Energy Health Care     Biotechnology     Health Insurance     Hospitals & Physicians     Pharmaceuticals     Other Health Care                         Manufacturing Real Estate   Commercial   Construction   REITS & Finance   Residential Other Real Estate   Retailing Restaurants Technology   Computers   Telecommunications   Other Technology Travel   Airlines & Airports   Lodging & Conventions   Tourism & Travel Services   Other Travel Other        5. Issuer Size Revenue Range Aggregate Net Asset Value Range No Revenues   No Aggregate Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,000   $5,000,001 - $25,000,000 $5,000,001 - $25,000,000   $25,000,001 - $50,000,000 $25,000,001 - $100,000,000   $50,000,001 - $100,000,000   Over $100,000,000   Over $100,000,000   Decline to Disclose   Decline to Disclose   Not Applicable   Not Applicable   6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply) Rule 504(b)(1) (not (i), (ii) or (iii)) Rule 506(b)         Rule 504 (b)(1)(i) Rule 506(c) Rule 504 (b)(1)(ii) Securities Act Section 4(a)(5) Rule 504 (b)(1)(iii) Investment Company Act Section 3(c) Section 3(c)(1) Section 3(c)(9) Section 3(c)(2) Section 3(c)(10) Section 3(c)(3) Section 3(c)(11) Section 3(c)(4) Section 3(c)(12) Section 3(c)(5) Section 3(c)(13) Section 3(c)(6) Section 3(c)(14) Section 3(c)(7)     7. Type of Filing   New Notice Date of First Sale   2004-01-01   First Sale Yet to Occur   Amendment     8. Duration of Offering Does the Issuer intend this offering to last more than one year?   Yes   No     9. Type(s) of Securities Offered (select all that apply) Pooled Investment Fund Interests Equity Tenant-in-Common Securities Debt Mineral Property Securities Option, Warrant or Other Right to Acquire Another Security Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security Other (describe)       10. Business Combination Transaction Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?   Yes   No Clarification of Response (if Necessary)       11. Minimum Investment Minimum investment accepted from any outside investor $   0 USD 12. Sales Compensation Recipient   Recipient CRD Number None   UBS Financial Services Inc.   8174 (Associated) Broker or Dealer None (Associated) Broker or Dealer CRD Number None         Street Address 1       Street Address 2 1200 Harbor Boulevard     Weehawken   NEW JERSEY   07086   Recipient   Recipient CRD Number None   Agecroft Partners LLC   139227 (Associated) Broker or Dealer None (Associated)

View Full Filing

View this D/A filing on SEC EDGAR