On December 22, Treasury announced that Oaktree Capital Management L.P. completed an initial closing of a Public-Private Investment Fund under the Legacy Securities Public-Private Investment Program. Treasury Release.
Public-Private Investment Fund
Additional Initial PPIF Closing
On November 30, Treasury announced that Marathon Asset Management, L.P. completed an initial closing of a Public-Private Investment Fund under the Legacy Securities Public-Private Investment Program. To date, PPIFs have completed closings on approximately $5.07 billion of private sector equity capital, which, with Treasury’s equity and debt commitments, represents $20.26 billion of purchasing power. Treasury Release.