CORS

Unit Split

Corsair Partnering Corp

Raised
$250M
CIK
1842659
Focus
Financial Services, Business Services
External link: SEC Filings

SPAC Team

Leadership

D.T. Ignacio Jayanti, Chief Executive Officer and Director

D.T. Ignacio Jayanti has served as our CEO and a member of our board of directors since January 2021, and will be appointed as Chairman of our board of directors. Mr. Jayanti joined Corsair Capital in 1993, and currently serves as its Managing Partner and Chairman of the Buy-outs Investment Committee and as a member of the Infrastructure Investment Committee of Corsair��s corporate private equity funds. Prior to spinning off Corsair Capital as an independent business from J.P. Morgan Chase & Co. in 2006, Mr. Jayanti played a key role as a senior member of the investment team of the predecessor Corsair funds and was responsible for managing the operations of the Corsair business from 1994 onwards. From 1994 to 1999, Mr. Jayanti was also a senior member of the Investment Banking Department of J.P. Morgan, where he headed the Emerging Markets Financial Institutions group. Prior to J.P. Morgan, Mr. Jayanti worked at Credit Suisse First Boston in the Financial Institutions group both in New York and London. His investment banking experience includes complex advisory assignments in the United States, Europe, Asia and Latin America. Mr. Jayanti holds B.A. and an M.A. in Economics from Queens’ College, Cambridge University. We believe that Mr. Jayanti is qualified to serve as a member of our board of directors because of his extensive business and investment experience in the private equity industry and his knowledge of the financial services sector.

Jeremy S. Schein, President and Director

Jeremy S. Schein has served as our President and a member of our board of directors since January 2021. Mr. Schein is a Partner at Corsair Capital having worked at Corsair Capital in a number of roles at the firm since 2001. He serves as a member of Corsair Capital’s Investment Committee. Mr. Schein serves on the board of REPAY Holdings Corporation, as well as several current Corsair Capital portfolio companies, including Multi Service Technology Solutions, Inc., Identity Intelligence Group, LLC, Oakridge Insurance Services LLC, Spring Venture Group, LLC, and Jackson Hewitt Tax Service Inc. Mr. Schein holds a B.A. in Economics from Cornell University. We believe Mr. Schein’s extensive knowledge in the areas of financial technology, payments, business services and the broader financial services industry coupled with his experience in private equity investments, as well as his experience in leading the merger of a private company with and into a special purpose acquisition company, makes him well qualified to serve as a director.

Paul Cabral, Chief Financial Officer

Mr. Cabral has served as our Chief Financial Officer since January 2021, and is also the Chief Financial Officer of Corsair Capital. He joined Corsair Capital in 2017. Mr. Cabral leads the finance functions of Corsair Capital. Prior to joining Corsair Capital, from 2007 to 2017, Mr. Cabral was the Vice President of Finance at Riverstone Equity Partners, where he managed the finance functions for the firm and served as Chief Financial Officer of the credit business. Prior to Riverstone, Mr. Cabral was Chief Financial Officer of Hampshire Equity Partners and Arsenal Capital Partners, both middle market buyout firms. Prior to Arsenal, Mr. Cabral was a Vice President in the Private Investment Accounting Group at Goldman Sachs. Mr. Cabral started his career at PricewaterhouseCoopers. Mr. Cabral holds a B.S. in Accounting from Villanova University and is a Certified Public Accountant in the state of New York.

Maripat Alpuche, Director Nominee

Maripat Alpuche will be appointed to our board of directors in connection with the closing of this offering. Ms. Alpuche is a professional with 30 years of experience advising a diverse array of the nation’s leading financial services, private equity and other business entities on M&A, capital markets, joint venture and other transformational strategic transactions. Ms. Alpuche played a leading advisory role in several of the nation’s largest public company mergers in the financial services sector. She also acted as trusted advisor to executive management teams and boards on governance, disclosure, contract negotiation and disputes, regulatory issues and other strategic matters. Ms. Alpuche has spent the majority of her professional career at Simpson Thacher & Bartlett LLP where she is a key advisor on industry’s largest public mergers, including the most recent four mergers creating JPMorgan Chase & Co; the merger of Bank of New York Corporation and Mellon Corporation; the merger of Wachovia Corporation and First Union Corporation and Wachovia’s successful hostile takeover defense against SunTrust; and the acquisition of John Hancock Financial Services, Inc. by Manulife Corporation. Ms. Alpuche is also a co-founder and the Chief Legal Officer of Percapita Group, LLC, a startup retail financial services platform with a commitment to a diverse and inclusive employee and client base. Ms. Alpuche received a B.A. from Franklin & Marshall College and a Juris Doctor from Columbia University School of Law. We believe Ms. Alpuche's experience in mergers and acquisitions as well as her experience in the financial services industry makes her well qualified to serve as a member on our board of directors.

Daniel J. Eckert, Director Nominee

Daniel J. Eckert will be appointed to our board of directors in connection with the closing of this offering. Most recently, Mr. Eckert served as the Chief Product, Strategy & Development Officer at Green Dot Corporation, where he reshaped the company’s product and operations organizations for greater customer centricity while leading platform innovation efforts with strategic partners such as Apple, Google, Amazon, Intuit and Wealthfront. Prior to Green Dot, Mr. Eckert spent the last decade in progressive levels of responsibility as a senior executive at Walmart Inc., where he served as a key member of the U.S. leadership team responsible for Walmart’s retail- and omni-channel business transformation. Mr. Eckert’s responsibilities spanned Walmart’s financial, retail, automated, and in-store pickup service lines as well as leadership over its Omnichannel shopping tools and Omni product catalog services, spanning 4,700 stores, 64,000 automated kiosks, and all of Walmart’s digital platforms. Prior to Walmart, Mr. Eckert served as senior vice president of card and retail services for HSBC, where he founded and led HSBC’s venture development and payment products group. He also previously held positions at JPMorgan Chase & Co. and Accenture Ltd. (Strategy Consultant), and was founder and president of an early-stage investment banking company. We expect Mr. Eckert will become an operating partner of Corsair Capital LLC prior to the closing of this offering. Mr. Eckert received a B.A. in History from University of Michigan and a M.B.A. from University of Chicago Booth School of Business. Mr. Eckert also a proud military veteran, having served as a Logistics Officer in the United States Marine Corps. We believe that Mr. Eckert is qualified to serve as a member of our board of directors because of his extensive senior leadership experience in the financial services sector.

William I. Jacobs, Director Nominee

William I. Jacobs will be appointed to our board of directors in connection with the closing of this offering. Mr. Jacobs previously held the position of Senior Executive Vice President for MasterCard Global Resources where his responsibilities included administration, government affairs, audit, finance, analysis, legal, human resources and global communications. At Global Resources, he was responsible for developing new business ventures to service a wider range of member needs and was also involved in corporate finance and M&A activities. Before joining MasterCard, Mr. Jacobs co-founded Financial Security Assurance Inc. (FSA) one of the world’s largest bond insurance companies. At FSA, he served as Chief Operating Officer, managing all staff functions including finance, policy, administration, investment management and legal. In addition to serving on the Global Payments board where he served as Chairman from 2014 to 2019, Mr. Jacobs is also Chairman of the board of directors of Green Dot Corporation and serves as a director for Repay Holdings Corporation. He previously served on the boards of directors of Asset Acceptance Capital Corp., Investment Technology Group, Inc., Alpharma, Inc., LifeNexus and BondFactor and as the Chairman of the Board of Trustees at American University in Washington, D.C. Mr. Jacobs is currently an operating partner of Corsair Capital LLC. Mr. Jacobs received a B.S. in Business Administration from American University and a Juris Doctor from American University Law School. We believe Mr. Jacobs is qualified to serve as a member of our board of directors because of his experience in serving as a member of the board of directors of companies in the financial services sector, as well as his experience in serving as a director of a public company as a result of its merger with and into a special purpose acquisition company.