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legacy securities

PPIP and Hedge Fund Closings

October 14, 2009

Treasury Announces Closings and Releases Draft LPA
Last week the Treasury announced the initial closing of some funds under the PPIP.
The Treasury also released the draft form of the PPIP Limited Partnership Agreement.  The draft LPA is similar to a limited partnership agreement which you would be part of traditional hedge fund offering documents but are [...]

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Hedge Fund PPIP Managers Selected

July 8, 2009

Treasury and Fed Name Lucky Hedge Fund Managers
The Treasury and the Fed just announced the hedge fund management companies which will be participating in the first round of the PPIP.  The following press release can be found here.
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July 8, 2009
TG-200
Joint Statement by Secretary of the Treasury Timothy F. Geithner,
Chairman of the Board of Governors of [...]

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