Some the emerging markets exposure comes through asia and latin america. That brings me to the next page, 17. On the coinvestment front, spurs has been active. Though measured in gradual and in the implementation. Spurs made the first coinvestment in the private equity portfolio in 2014 and since has made an additional 11 coinvestments. Eight of those were through the commitment to Asia Alternatives and its fund heavtofund manat and four were outside. In each case, they were with a manager spurs has invested with and has an existing relationship through the portfolio. So they highlight that staff did a good job of existing manager knowledge to enhance execution capabilities in the coinvestment portfolio. Together, these coinvestments represent close to 200 million in commitments with an average byte size of 15 million which we feel is appropriately sized relative to the byte size at the fun level. And lastly, ill highlight spurs has been disciplined. Its 20 of the private equity and th
Huawei from buying or selling more throughput. U. S. Patents. That wont change the labor Mitch Mcconnell was on with costs. There are kiosks, some maria earlier in the day and he to look at netflix following the restaurant will use those, by talked about it. And large everyone will not go skip that for a moment. To a kiosk to avoid a employee just so i can get comment from Massive Subscriber miss we you on it, lance. Reported to you on at the front. Mcconnell and a number of others after the bell. There is a little bit of it, in the senate, when he was on melissa that was a disaster. Wages are unavoidable. With maria, he talked about this, they really want to go if this gets passed, prices will after huawei. He said today on fox business at the white house President Trump wrapping up meeting with go up period. They see it as a True National melissa what difference does it make to have the wage mandated security concern. Its clear the president airline ceos. At federal level opposed to
All passed, deutsche the only surprise. New problems for boeing. A new fault is found on the 737 max 8. An issue said to be on other claims of the fleet. Shery todays big story, betweens meeting President Trump and xi jinping will happen without preconditions. Yvonne man is in osaka. It seems everything is on the negotiating table, but everyone we speak to dont have high hopes of a breakthrough. Yvonne some are saying this is of what was said, a ande truce between japan china. A lot of doubts that perhaps things could be status quo. The wall street journal yesterday reporting china is demanding that the u. S. Lift its export ban on huawei to reach an agreement. That could be hanging over these negotiations saturday as well. Before the big meet between xi and trump, a lot going on in the first day of the g20. You showed pictures of Angela Merkel just arriving, Vladimir Putin expected to come down as well. There are questions about the bilaterals today, the key one is President Trump and
He. Live from new york where business never sleeps, this is squawk box. Good morning welcome to squawk box on cnbc. Im becky quick along with joe kernen andrew is off today. Weve been watching the u. S. Equity futures, things are still in the green dow indicated up by 60 points. The s p up 7 and the nasdaq up 27 the dow and the s p 500 for the month of june are Still Holding on to their gains. For the month, dow above 26,000. Look at what happened overnight in asia. The nikkei was down by a half percentage point the stocks were flat for the hang seng and shanghai composite. In europe in some early trading, there are green arrows across the board. The biggest gainer of the three major averages is the dax in germany, up 0. 4 in italy, stocks are up 0. 6 watching the treasury market in the United States, the tenyear is yielding 2. 112 . The u. S. Navy is assisting two tankers reportedly attacked in the gulf of oman. According to the fifth fleet, u. S. Navy forces in the region received tw
Commissioner bridges and commissioner servais is not in attendance today. We do have a quorum right. Thank you. Can i ask you, madam secretary, to turn your volume up a little . Can you do that . Its sort of. Is that better . Better better. Item number two, communications. We welcome the publics participation during Public Comment periods. There will be an opportunity for general Public Comment at this meeting after closed session and there will be an opportunity to comment on each discussion or action item on the agenda. Each item each comment is limited to two minutes. Public comment will be taken both in person and remotely by calling for each item, the board will take Public Comment first. People attending the meeting in person and then from people attending the meeting remotely. Comments or opportunities to speak during the Public Comment period are available by phone by calling. 56550001. Access. Code 26605203021. Then pound, then pound again when connected you will hear the meet