Sluggish PPIP pushes past $4.5 billion minimum private capital level

us treasury

The US Treasury’s toxic mortgage-backed security (MBS) purchase scheme swelled to pass the $20 billion threshold in November, with private-sector asset managers committing more than $5 billion to the plan.

On November 30, the eighth of nine approved Public-Private Investment Programme (PPIP) asset managers completed the initial closing of its Public-Private Investment Fund (PPIF). This brings the total private capital in the Legacy Securities Programme (LSP) – the part of the PPIP focused on the

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: