Oaktree PPIP Fund
Date:
December 18, 2009
Amount Spent:
$3.32 billion
Deficit Impact:
$0.33 billion
This institution has provided funding through the PPIF program, providing private investment for toxic assets to be matched by public investment from the Treasury.
Following an initial closing, each PPIF will have the opportunity for two more closings over the following six months to receive matching Treasury equity and debt financing.
Source:
Notes:
Amount spent reflects the sum of the Treasury's match on each institution's membership interest and the Treasury's guarantee of all debt obligations under the program. Amount spent as of 3/21/2012. Deficit impact calculated from the program's subsidy rate (10%), reported in the CBO's January 2010 baseline.