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Investor Profile

San Francisco stays faithful to equities

While some funds move towards more defensive allocations, executive director of the San Francisco Employees Retirement System, Gary Amelio (pictured), says the fund will maintain its belief in equities as it embarks on its five-year asset liability study.
Private Equity

That’s what I’m talking about …

When a consortium of investors, which included the Canada Pension Plan Investment Board, bought a majority stake in Skype from eBay in September 2009, it was valued at $2.75 billion. This week Microsoft agreed to buy Skype for $8.7 billion in cash.
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