http://dev2.blackenterprise.com/b-e-100s-rename-test/2009/05/15/piedmont-to-manage-piece-of-tarp-pie/ Your Ultimate Source for Wealth Creation Mon, 15 Mar 2010 02:20:35 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://dev2.blackenterprise.com/b-e-100s-rename-test/2009/05/15/piedmont-to-manage-piece-of-tarp-pie/comment-page-1/#comment-58927 Green Investing - BLACK ENTERPRISE Thu, 14 Jan 2010 21:48:02 +0000 http://blackenterprise.com/?p=33517#comment-58927 [...] The past year was a roller coaster ride for nearly all asset managers. With volatility in the financial markets being the name of the game for much of the year and firms being paid based on ever-fluctuating assets under management, CEOs running businesses in this sector are facing a new series of loops and inversions. The recent economic downturn, however, has provided a business opportunity for the firm. In 2009, Piedmont, along with two other firms, was selected by the U.S. Treasury Department to collectively manage a securities portfolio worth roughly $218 billion that the federal government purchased though its TARP Capital Purchase Program (See “Piedmont to Manage Piece of TARP Pie”). [...] [...] The past year was a roller coaster ride for nearly all asset managers. With volatility in the financial markets being the name of the game for much of the year and firms being paid based on ever-fluctuating assets under management, CEOs running businesses in this sector are facing a new series of loops and inversions. The recent economic downturn, however, has provided a business opportunity for the firm. In 2009, Piedmont, along with two other firms, was selected by the U.S. Treasury Department to collectively manage a securities portfolio worth roughly $218 billion that the federal government purchased though its TARP Capital Purchase Program (See “Piedmont to Manage Piece of TARP Pie”). [...]

]]> http://dev2.blackenterprise.com/b-e-100s-rename-test/2009/05/15/piedmont-to-manage-piece-of-tarp-pie/comment-page-1/#comment-14586 BLACK ENTERPRISE » Williams Captial’s Billion Dollar Deal Fri, 22 May 2009 13:56:53 +0000 http://blackenterprise.com/?p=33517#comment-14586 [...] BE reported last week that Piedmont Investment Advisors LLC (No. 10 on BE Asset Managers list with assets under management of $1.831 billion) was selected with two other firms by the U.S. Department of the Treasury to manage a securities portfolio worth roughly $218 billion that the Treasury has purchased though its TARP Capital Purchase Program. [...] [...] BE reported last week that Piedmont Investment Advisors LLC (No. 10 on BE Asset Managers list with assets under management of $1.831 billion) was selected with two other firms by the U.S. Department of the Treasury to manage a securities portfolio worth roughly $218 billion that the Treasury has purchased though its TARP Capital Purchase Program. [...]

]]> http://dev2.blackenterprise.com/b-e-100s-rename-test/2009/05/15/piedmont-to-manage-piece-of-tarp-pie/comment-page-1/#comment-13727 Piedmont to Manage Piece of TARP Pie | BlackNewsTribune.com Sat, 16 May 2009 02:36:46 +0000 http://blackenterprise.com/?p=33517#comment-13727 [...] Read full story [...] [...] Read full story [...]

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