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cities that are wholesale water customers. it s important that the members of the disaster council understand that following the next big earthquake, the only thing that will save san francisco from once again being destroyed by fire storms is our unlimited supply of sea water and a high pressure hydrant system extended to all neighborhoods of the city. nothing that the puc is providing will enable the fire department to save the city, the residents and the pension of every employee from destruction. if the city s tax base is destroyed, our pensions will be gone as well and that includes mine. thank you. thank you. we will move on to the presentation from the office of capital planning and resilience. good morning, everyone. my name is brian, the chief officered on director of resilience and capital planning. in the city administrator s office. you know, a lot of the presentations are put together before the camp fire, before we knew this was happening and they al ....
five months and 70/30 is down 3.2% for the first five months. so our absolute returns the last five months are nothing spectacular for sure but relative to traditional they re exceptional. on page two, we summarize some of the returns and a special thanks to our staff and our board. we have brought a lot of unique investments in a unique asset allocation and you see the fruits of that showing up here. our five-year number is in the top 2%. define benefit plans of five billion or more in the top 1%. later in the start, it s not because we re taking risk. our risk is slightly less and our risk adjusted returns as defined by sortino and sharp ratios are near the top. items that were approved in closed session. debbie an aircraft leasing strategy, the board approved an investment for 50 billion last month. we did get all 50 million. another credit strategy we have for 60 million. we got 50 million in terms of euros, that s $56 million. pag and asia based buy out strategy th ....
grand reopening and rededication ceremony for 1750 mcallister. i want to kick things off by introducing our chief executive officer, gail gilman. [applause] thank you. i want to thank all of you for being with us here today. today is a historic moment for community housing partnerships, as we have completed rehabilitation of the units here , and seventh at 1750 mcallister. so many people helped bring this project together. by the people i want to thank first and foremost are the residents of 1750 mcallister. [cheers and applause] for your patience, for your diligence for keeping us on our toes to make sure that we provided you a home that had your thoughts, your amenities, and what you thought would make a great home for you. i also want to thank the western edition community that welcomed community housing partnership into its arms. we have a property at frederick were roderick and scott that we have been operating for over nine minutes nine years. we are so ....
okay. wasn t that great? [applause] i m going to welcome amy lozardo back to the stage, but we need you to sing along as loud as you can. [singing here comes santa claus ] [ you re a mean one, mr. grinch playing] [applause] gimme that, and thank you for singing my song. and san francisco, could you pipe down? i m trying to wallow in self-pity here. hold on. you re not santa klaus. oh, you wanted him? you guys don t like santa claus, do you? [applause] santa claus, boo! boo! [applause] well, what s to like about him? oh, i know. do you like santa claus because he gives you presents? you do? well, i brought you some presents. oh, you have presents? i do. maybe you are santa claus. oh, no. unrecyclable plastic. no. no, you re definitely not santa claus. you can say that again. well, i have an idea again. what? if you can just be quiet for a second. hey, kids, i think we can get rid of the grinch if you can do one thing for me. if we start ....
for your patience, for your diligence for keeping us on our toes to make sure that we provided you a home that had your thoughts, your amenities, and what you thought would make a great home for you. i also want to thank the western edition community that welcomed community housing partnership into its arms. we have a property at frederick were roderick and scott that we have been operating for over nine minutes nine years. we are so happy to add this to our portfolio. want to thank a couple of other people before we get the program started. i want to thank all the staff at community housing partnership who worked on this, the mayor s housing of community development , the housing authority, bank of america who underwrote this poke program, the design partners, fine line construction, who worked very hard to mitigate construction, armando, i also want to thank david and amy, former staff of community housing partnership for all of their work. [applause] i will ....