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Please be advised that the chair may order the removal from the room for any person using cell phones or any other some producing electronic devices. Belief spee advised that a member of the public has three minutes to make pertinent Public Comment on each agenda item unless the Port Commission adopts a shorter period on any item. Public comment on items not listed on the agenda is item eight. Is there any Public Comment on any items not listed on the agenda . Seeing none, Public Comment is closed. Item nine a. Is executive directors report. Good afternoon. I am the boards executive director. ...

Please be advised that the chair may order the removal from the room for any person using cell phones or any other some producing electronic devices. Belief spee advised that a member of the public has three minutes to make pertinent Public Comment on each agenda item unless the Port Commission adopts a shorter period on any item. Public comment on items not listed on the agenda is item eight. Is there any Public Comment on any items not listed on the agenda . Seeing none, Public Comment is closed. Item nine a. Is executive directors report. Good afternoon. I am the boards executive director. ...

Please be advised that the chair may order the removal from the room for any person using cell phones or any other some producing electronic devices. Belief spee advised that a member of the public has three minutes to make pertinent Public Comment on each agenda item unless the Port Commission adopts a shorter period on any item. Public comment on items not listed on the agenda is item eight. Is there any Public Comment on any items not listed on the agenda . Seeing none, Public Comment is closed. Item nine a. Is executive directors report. Good afternoon. I am the boards executive director. ...

Please be advised that the chair may order the removal from the room for any person using cell phones or any other some producing electronic devices. Belief spee advised that a member of the public has three minutes to make pertinent Public Comment on each agenda item unless the Port Commission adopts a shorter period on any item. Public comment on items not listed on the agenda is item eight. Is there any Public Comment on any items not listed on the agenda . Seeing none, Public Comment is closed. Item nine a. Is executive directors report. Good afternoon. I am the boards executive director. ...

The interest coverage ratio. It is down around 2 versus what it was years before. Meanwhile what we saw the private markets presentation on private equity, we looked at the volt u volume of buyouts. Is that driven by the fact people making loans has changed and is no longer banks with fidc regulations with those that had no regulations is that driving all of this covenant lack of restrictions . So the direct helping space is a comment product. I am going to switch. Direct lending is a comment product. Jelly to the private equity peanut butter. The more dry powder you have. It is the dry powder...