Home

Wellington Management

Three large investors raised capital to buy toxic assets

October 5, 2009 - 4:04am | Investment industry | News
Three large investors raised capital to buy toxic assets

 Three more large investment firms have raised sufficient capital to participate in the joint partnership with the government to purchase toxic assets from banks.


The Treasury Department said Alliance Bernstein LP and BlackRock Inc., both headquartered in New York City, and Wellington Management Co., based in Boston, had all raised the $500 million minimum to begin operations.
Read more

Alliance Bernstein | assets | BlackRock | government | investment company | Treasury Department | Wellington Management
0 points
Did not find what you want? Try to search all ecommerce sites!
Custom Search