Corsair Capital Llc Decreased Enstar Group Ltd (NASDAQ:ESGR) Stake By $86.36 Million

February 23, 2018 - By Marguerite Chambers

Investors sentiment increased to 1.36 in Q3 2017. Its up 0.31, from 1.05 in 2017Q2. It increased, as 9 investors sold ESGR shares while 36 reduced holdings. 15 funds opened positions while 46 raised stakes. 15.64 million shares or 2.12% more from 15.32 million shares in 2017Q2 were reported. Sei Invs Co stated it has 3 shares or 0% of all its holdings. Glenmede Trust Com Na accumulated 10 shares. Invesco holds 0% or 15,638 shares. 1,230 are owned by Commonwealth Equity Service Inc. Diamond Hill Cap holds 0.31% of its portfolio in Enstar Group Limited (NASDAQ:ESGR) for 265,961 shares. Whittier Tru Of Nevada holds 11 shares or 0% of its portfolio. Bridgeway Management holds 0.03% or 12,400 shares. Eqis Mgmt Inc holds 2,975 shares or 0.04% of its portfolio. Beck Mack And Oliver Ltd stated it has 5.71% of its portfolio in Enstar Group Limited (NASDAQ:ESGR). Dean Investment Associate Limited Liability accumulated 0.49% or 14,630 shares. Goldman Sachs reported 0.01% in Enstar Group Limited (NASDAQ:ESGR). Canada Pension Plan Inv Board has invested 1.75% in Enstar Group Limited (NASDAQ:ESGR). Forward Mngmt Ltd Liability has invested 0.03% in Enstar Group Limited (NASDAQ:ESGR). Akre Ltd Liability Corp reported 1.45 million shares or 4.7% of all its holdings. Amalgamated Financial Bank accumulated 0.01% or 1,402 shares.

D.T. Ignacio Jayanti decreased its stake in Enstar Group Ltd (NASDAQ:ESGR) by 60.09% based on its latest 2017Q4 regulatory filing with the SEC. Corsair Capital Llc sold 431,778 shares as the company’s stock declined 4.23% while stock markets rallied. The hedge fund run by D.T. Ignacio Jayanti held 286,766 shares of the property-casualty insurers company at the end of 2017Q4, valued at $57.57M, down from 718,544 at the end of the previous reported quarter. Corsair Capital Llc who had been investing in Enstar Group Ltd for a number of months, seems to be less bullish one the $3.76B market cap company. The stock decreased 1.07% or $2.1 during the last trading session, reaching $193.6. About 28,132 shares traded. Enstar Group Limited (NASDAQ:ESGR) has risen 19.80% since February 23, 2017 and is uptrending. It has outperformed by 3.10% the S&P500.

D.T Ignacio Jayanti founded Corsair Capital, a firm dedicated to growth and distressed investments, in 2006. Corsair Capital Llc is a New York-based hedge fund that was founded by D.t. Ignacio Jayanti. It had more than $2.78 billion assets under management in September, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Corsair Capital latest Adv, the fund reported to have 22 full and part-time employees. Among which 12 performing investment advisory and research functions. The hedge fund had between 26-100 clients.

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios of insurance and reinsurance business in run-off. The company has market cap of $3.76 billion. It operates in four divisions: Non-Life Run-Off, Atrium, StarStone, and Life and Annuities. It has a 18.3 P/E ratio. The Non-Life Run-Off segment engages in the running off property and casualty, and other non-life lines of businesses.

More important recent Enstar Group Limited (NASDAQ:ESGR) news were published by: Globenewswire.com which released: “Enstar Announces Reinsurance of Zurich Australia’s New South Wales Motor …” on February 23, 2018, also Globenewswire.com published article titled: “Enstar Group Limited Reports Third Quarter Results”, Globenewswire.com published: “Enstar to Acquire Full Ownership of KaylaRe” on February 05, 2018. More interesting news about Enstar Group Limited (NASDAQ:ESGR) was released by: Globenewswire.com and their article: “Enstar Reinsures £840 Million Portfolio of Novae Legacy Business” with publication date: January 29, 2018.

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