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Who owns Ally Financial?

April 26, 2017ally financial owns

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Who owns Ally Financial?

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In May 2009, GM and FIM Holdings (Cerberus) each significantly reduced their ownership in GMAC (now called Ally Financial), which was required in connection with GMAC’s conversion to a bank holding company in December 2008. As of December 31, 2009, the ownership of Ally common equity was as follows: GM 6.7%; GM Independent Trust 9.9%; US Treasury 56.3%; Cerberus 14.9%; and Cerberus Co-Investors 12.2%.