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D Ellen Shuman joins advisory board of Corsair Capital

Corsair Capital, a private equity firm focused exclusively on investing in the financial services industry, has added D. Ellen Shuman to its advisory board.  

Shuman has specialised in endowment management for almost three decades, serving as vice president and chief investment officer at Carnegie Corporation of New York (1999-2011), and as director of investments at Yale University (1984-1998). 

Nicholas B. Paumgarten, chairman of Corsair, says: "We are delighted that Ellen has agreed to join the Corsair advisory board. She is a well-respected leader in investment management, and is known for her global approach to investing. We expect that Corsair will benefit immensely from her insight and advice as we continue to build the value of the firm for the benefit of Corsair’s investors and our portfolio businesses."

Shuman says: "I am pleased to be affiliated with Corsair Capital and to help facilitate the future development of the firm as a member of its advisory board. Corsair is an astute investor globally, including in emerging markets where they have demonstrated unique expertise. Particularly in this challenging capital markets environment, Corsair’s long term and strategic perspective, specialised knowledge, and practice of partnering with strong management teams, is consistent with my personal investment philosophy.”

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