US Department Of The Treasury Public-Private Investment Program: Opportunities, Issues and Considerations for Fund Sponsors and Investors
8 April 2009
Mayer Brown White Paper
Additional guidance has been issued by the US Treasury Department with regard to the operation of the Public-Private Partnership Investment Program (PPIP). The PPIP is part of Treasury’s broad-based Financial Stability Plan, announced on February 10, 2009, and represents Treasury’s most direct effort to provide for the purchase of certain “legacy assets,” including real estate-related loans and mortgage-backed securities, held by many financial institutions.