The US Treasury announced in March 2009 that it was launching a Public Private Investment Program (PPIP) under the larger Troubled Assets Relief Program (TARP). A goal of the PPIP program is to make use of private equity markets to price distressed real estate loans and securities currently residing bank balance sheets. Part of the process involves the FDIC guarenteeing debt to be used in leveraging these PPIP investments. In our Intensive Training program, we will discuss the following:
- How much money will be committed by the US Treasury.
- How much leverage can be used in the PPIP program.
- What type of securities will be invested in.
- What the time line is for the PPIP program.
- What types of firms are eligible to participate.