Fund performance: OrbiMed, Canaan, DCM lead early-decade San Francisco portfolio


SFERS
The San Francisco Bay Bridge is pictured in San Francisco, California on January 7, 2013, with the Golden Gate Bridge at bottom right. REUTERS/Noah Berger (UNITED STATES - Tags: TRANSPORT BUSINESS CONSTRUCTION)
Funds from OrbiMed Advisors, Canaan Partners and DCM Ventures lead a portfolio of early-decade venture investments at the San Francisco Employees’ Retirement System. All were able to post returns multiples of 2x or better after just several years of deploying ...

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