I can head on it and move it in a conducive way we have 7 investments 7 companies that fall under that category why not bring back a analysis of the shares of the 7 companies that may come out of that, too im not sure but we have to start with the pool of who wore investing with and take a crack at brick the report back to the commission on how many shares we have and maybe rating them with some type of understanding of the worst of worst im going to suggest where to start so ill look to staff for that and well start to look at it and make it a working document. Since we can thats been done and foundations have done that with a track record 350. Org has information around that we can go to jeramy and ask theyve been running the portfolio a while and see which ones hes taken out the portfolio. Could we breakdown that into a separate direction were under the staffs level 2 and direction from the worst e entrenches offenders and selling off is really a level 3 so maybe in the call of the
Know that funds are doing this theyre successful granted theyre not huge funds but i think it would be good to keep looking for that and you know its hard for us we dont have a lot of money to put to work but i think we can find them if we put that to task. I think that is a great idea how about this i can head on it and move it in a conducive way we have 7 investments 7 companies that fall under that category why not bring back a analysis of the shares of the 7 companies that may come out of that, too im not sure but we have to start with the pool of who wore investing with and take a crack at brick the report back to the commission on how many shares we have and maybe rating them with some type of understanding of the worst of worst im going to suggest where to start so ill look to staff for that and well start to look at it and make it a working document. Since we can thats been done and foundations have done that with a track record 350. Org has information around that we can go to
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
Them if we put that to task. I think that is a great idea how about this i can head on it and move it in a conducive way we have 7 investments 7 companies that fall under that category why not bring back a analysis of the shares of the 7 companies that may come out of that, too im not sure but we have to start with the pool of who wore investing with and take a crack at brick the report back to the commission on how many shares we have and maybe rating them with some type of understanding of the worst of worst im going to suggest where to start so ill look to staff for that and well start to look at it and make it a working document. Since we can thats been done and foundations have done that with a track record 350. Org has information around that we can go to jeramy and ask theyve been running the portfolio a while and see which ones hes taken out the portfolio. Could we breakdown that into a separate direction were under the staffs level 2 and direction from the worst e entrenches o