Fund Managers will be pre-qualified based upon criteria that are anticipated to include:• Demonstrated capacity to raise at least $500 million of private capital.• Demonstrated experience investing in Eligible Assets, including through performance track records.• A minimum of $10 billion (market value) of Eligible Assets currently under management.• Demonstrated operational capacity to manage the Funds in a manner consistent with Treasury’s stated Investment Objective while also protecting taxpayers.• Headquarters in the United States.
Tuesday, March 24, 2009
Steve Waldman's dark musings
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