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[ENTITY FILE] SUBJECT-0820 GOVERNMENT AGENCY ACTIVE
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Public-Private Investment Program (PPIP)​‌‌​‌‍​‌‍‌​​‌​​​‍‌​​​‌‍​

Treasury program to purchase toxic assets from banks
Tracked Treasury program to purchase toxic assets from banks · 7 documented connections
Facts on record13
Connections mapped7
Sources cited14
View on Graph → Export CSV ← Entity Directory
Stated vs Revealed
No documented contradictions on file.
PATTERN company → [contractor] → government agency 19× PATTERN government agency → [contractor] → company 19× PATTERN government agency → [regulatory filing] → government agency 15×
Connection Map
Key Connections
→ Entity #153
program_leadership
As Treasury Secretary, announced PPIP on March 23, 2009 to purchase legacy mortgage-backed securities
→ Entity #25
fund_manager_selection
Selected as one of nine fund managers from over 100 applicants on July 8, 2009, meeting requirements for $500 million private capital capacity and $10 billion eligible assets under management
→ Entity #391
regulatory_filing
PPIP filed SEC filing on March 10, 2015
← Entity #31
no_documented_connection
No evidence found of Clarium applying to or being rejected from PPIP
← Entity #814
contractor
Selected by the Treasury as one of the nine private fund managers (Invesco Legacy Securities Master Fund, L.P.).
← Entity #809
contractor
Selected by the Treasury as one of the nine private fund managers (AllianceBernstein Legacy Securities Master Fund, L.P.).
Facts (13)
Data Freshness
Fresh Last update: 5d ago · Avg age: 2095d
Confidence Tiers: Primary Source — cross-referenced government/corporate filings Pending Review — sourced but not independently verified AI Inference — analytical hypothesis from cross-referencing
Raw Filing Records (12) — unsourced metadata
Pending Review By September 30, 2014, Treasury fully recovered its $18.6 billion dispersed investment​‌‌​‌‍​‌‍‌​​‌​​​‍‌​​​‌‍​, ultimately generating a net positive return of more than $3.9 billion for taxpayers.
Date: 2014-09-30 Added: 02 May 2026
Pending Review To qualify for purchase by a PPIF, securities must have been issued​‌‌​‌‍​‌‍‌​​‌​​​‍‌​​​‌‍​ prior to 2009 and originally rated AAA without ratings enhancement.
Date: 2009-03-23 Added: 02 May 2026
Pending Review Treasury originally committed approximately $22 billion in equity ​‌‌​‌‍​‌‍‌​​‌​​​‍‌​​​‌‍​and debt financing to nine Public-Private Investment Funds (PPIFs).
Date: 2009-07-08 Added: 02 May 2026
Pending Review Treasury announced the Legacy Securities Public-Private Investment Program (PPIP) on March 23, 2009, designed to purchase legacy Commercial and Residential Mortgage-Backed Securities.
Date: 2009-03-23 Added: 02 May 2026
Pending Review Public-Private Investment Program (PPIP) filed filing with the SEC on 2015-03-10. Accession number: N/A.
Date: 2015-03-10 Added: 15 Apr 2026
Pending Review Application deadline was extended from April 10, 2009 to April 24, 2009
Date: 2009-04-24 Added: 09 Apr 2026
Pending Review Fund manager applications required headquarters in the United States
Date: 2009-04-10 Added: 09 Apr 2026
Pending Review Fund manager applications required minimum $10 billion of eligible assets under management
Date: 2009-04-10 Added: 09 Apr 2026
Pending Review Fund manager applications required demonstrated capacity to raise $500 million of private capital
Date: 2009-04-10 Added: 09 Apr 2026
Pending Review Treasury selected nine fund managers from over 100 applicants on July 8, 2009
Date: 2009-07-08 Added: 09 Apr 2026
Pending Review Treasury received over 100 unique applications for PPIP fund manager positions
Date: 2009-07-08 Added: 09 Apr 2026
Pending Review Treasury announced PPIP on March 23, 2009 to purchase legacy mortgage-backed securities
Date: 2009-03-23 Added: 09 Apr 2026
All Connections (7)
→ Entity #153
program_leadership, employed_by primary since 2009
As Treasury Secretary, announced PPIP on March 23, 2009 to purchase legacy mortgage-backed securities · As Treasury Secretary, designed and announced the PPIP as part of the broader Troubled Asset Relief Program (TARP).
→ Entity #25
fund_manager_selection, contractor primary since 2009
Selected as one of nine fund managers from over 100 applicants on July 8, 2009, meeting requirements for $500 million private capital capacity and $10 billion eligible assets under management · Selected by the Treasury as one of the nine private fund managers for a Public-Private Investment Fund (Blackrock PPIF, L.P.).
→ Entity #391
regulatory_filing primary since 2015
PPIP filed SEC filing on March 10, 2015
→ Entity #614
financial_crisis_coordination secondary since 2009
Both entities involved in financial crisis response programs during 2008-2009 period, with Treasury coordinating PPIP while Federal Reserve Bank of New York managed related crisis interventions
← Entity #31
no_documented_connection confirmed
No evidence found of Clarium applying to or being rejected from PPIP
← Entity #814
contractor primary
Selected by the Treasury as one of the nine private fund managers (Invesco Legacy Securities Master Fund, L.P.).
← Entity #809
contractor primary
Selected by the Treasury as one of the nine private fund managers (AllianceBernstein Legacy Securities Master Fund, L.P.).
Sources (14)
— UNVERIFIED Guidelines for the Legacy Securities Public-Private Investment Program external_handoff Processed
2009-03-23 UNVERIFIED Treasury Department Releases Details on Public Private Partnership Investment Pr… external_handoff Processed
2026-04-30 UNVERIFIED Public-Private Investment Program (PPIP) | U.S. Department of the Treasury external_handoff Processed
2026 UNVERIFIED Research: Public-Private Investment Program (PPIP) — Lobbying disclosures (no re… government_disclosure Processed
2026 UNVERIFIED Research: Public-Private Investment Program (PPIP) — Corporate registrations (no… government_disclosure Processed
2026 UNVERIFIED Research: Public-Private Investment Program (PPIP) — USASpending contracts (no r… contract Processed
2015-03-10 ↗ SEC EDGAR: filing — Public-Private Investment Program (PPIP) (2015-03-10) web_search Processed
2009-04-24 ↗ Treasury Department deadline extension web_search Processed
2009-04-10 ↗ Treasury Department application requirements web_search Processed
2009-04-10 ↗ Treasury Department application requirements web_search Processed
2009-04-10 ↗ Treasury Department application requirements web_search Processed
2009-07-08 ↗ Treasury Department announcement web_search Processed
2009-07-08 ↗ Treasury Department FAQ document web_search Processed
2009-03-23 ↗ Official Treasury Department documentation web_search Processed