About Doug Cohen
I truly enjoy "The Deal". Envisioning a capital or economic development project and then working toward that project's final delivery is an inspiring reward. The opportunity to create a significant impact in a community is an honor. I created the Special Projects division within the Los Angeles County Community Development Commission to enhance this process. These projects are for the public benefit and I am passionate about delivering that benefit with each project.
THE OBJECTIVE:
1) Unlock the value of Public Assets and enable private investment, not public debt, to secure the delivery of significant public projects.
2) Intelligently assemble Public Assets in order to create long term revenue for the public benefit.
THE GOAL:
Capture revenue for government, deliver societal goals through project revenue not debt and encourage enthusiastic participation by private sector partners.
THE CHALLENGE:
State and Local government notoriously under-value public assets and do not properly leverage the private sector to accept project risk. Government also holds itself unaccountable for this lower standard of performance.
THE SOLUTION:
Intelligent integration of the public assets with public needs becomes a magnet for private investment and new revenue sources for government. Abandon the stale process of operating in silos. Effectively consolidate public needs and assets into a single contract award. Appropriately scope a project to attract private investment. Private investment unlocks the value of the public asset, creates revenue for the public benefit and avoids the chronic need for debt financing of government projects.
Specialties: Public Private Partnerships, Municipal Financing, Sovereign wealth funds, Fund placement, NMTC, Procurement, Economic, capital and infrastructure development, Cost and project management, Political authority, Organizational behavior, Tech-transfer, Start-up funding, Incubators, Innovation research grants, Workforce
“Douglas is insightful, innovative and tenacious in developing public private projects. On three separate projects, he developed new and unique methodologies to expedite delivery of real projects in real time with positive economic benefit. ”