The health care and other Health Care Services and investments they average 20,270,000,000 thats a 300 million equity check they do a series of tractions great controlled buy outs and buy and blue shield build Platform Investments returns are solid for a large sized buy out like black stone it come out to one of the top performers in that sector of the market california as 3 to 509 investments having invested 145 million for a capital net by our we believe Going Forward that black stone is well possessions to create value if their investments particularly since they have enlarged their group to over 20 individuals and have a Large Network of former ceos for the Portfolio Companies when you add this up to the breath of the organization the delineate base and the Advisors Group well do well with black stone and urge the retirement board to approve that investment. Amy with Cambridge Associates black stone is a firm weve been following theyve made a lot of money with the group having inve
Larger than. Just a few brief comments on what we expect to invest in through fund 7 it will be a large fund as aorta mentioned probably between 38 to 58 investments across several verlgz black stone is known for the health care and other Health Care Services and investments they average 20,270,000,000 thats a 300 million equity check they do a series of tractions great controlled buy outs and buy and blue shield build Platform Investments returns are solid for a large sized buy out like black stone it come out to one of the top performers in that sector of the market california as 3 to 509 investments having invested 145 million for a capital net by our we believe Going Forward that black stone is well possessions to create value if their investments particularly since they have enlarged their group to over 20 individuals and have a Large Network of former ceos for the Portfolio Companies when you add this up to the breath of the organization the delineate base and the Advisors Group
This list was developed before i got here. Yeah before you got here. My understanding it was mutually agreed upon by this committee and the citys Vision Zero Task force so yes, those projects were not invented in the spring of 2014 many of them were projects that had been under consideration may be stalled in design and others were things that we did develop and accelerate. What i think they all have in common is they are being delivered a lot faster than they would have had we not had that commitment. And coordination with the mta and better communication and coordination is one strategy what are the other strategies in terms of delivering projects faster . I talked about the coordination with dpw and last time we came here we talked about theres a monthly principals meeting between mta and public works staff were literally going line by line that list of 24 projects and troubleshooting where they are and identifying whether its its its its its a contractual issue or permit issue and
An action item for the 50 million to black Stone Corporation mr. Hooker. Thank you norm and commissioners as parks parks and cambridge come up ms. A buy out strategy. Black Stone Capital group is the largest alternative investment in the world with 300 billion and counting that there be a reopportunity for the Flagship Opportunity Fund weve been black stone investors for quite a few for 350 million this opportunity decided the firms global footprint their worldclass team and long term track records biggest concern is we have the size of the fund with the target of billion dollars it could be larger than. Just a few brief comments on what we expect to invest in through fund 7 it will be a large fund as aorta mentioned probably between 38 to 58 investments across several verlgz black stone is known for the health care and other Health Care Services and investments they average 20,270,000,000 thats a 300 million equity check they do a series of tractions great controlled buy outs and buy
And accelerate. What i think they all have in common is they are being delivered a lot faster than they would have had we not had that commitment. And coordination with the mta and better communication and coordination is one strategy what are the other strategies in terms of delivering projects faster . I talked about the coordination with dpw and last time we came here we talked about theres a monthly principals meeting between mta and public works staff were literally going line by line that list of 24 projects and troubleshooting where they are and identifying whether its its its its its a contractual issue or permit issue and all the things that can trip up a project and its not just for the 24 projects but were learning some blessings on how to avoid those mistakes in the future and thats a window in how the staff is working through the challenges in a proactive way rather than simply accepting a a delay is something thats unavoidable. Supervisor yee has a followup question to th