Skyline Capital Management (SCM) is an innovation and management enterprise that makes investments in technology, healthcare, real estate and a variety of international businesses. We are a high net worth family office that has achieved financial success but remains on the frontier of human and technological progress, and committed to helping drive positive change.
The founding family members remain directly and daily involved. We are also passionate about philanthropy, with a focus on global empowerment of women; improvement of health; and universal access to education.
To understand SCM and it’s focus, you need to know a little of the business & public background of its Founder, Safi Qureshey…
Safi has been on the frontline of technology innovation since 1980, when he co-founded AST Research, Inc. to address the burgeoning PC market. Since then, he has grown an international network through his many successes in technology, investment, political service, and philanthropy. It’s with his experience and these connections that he strives to bring two fundamental human rights to those in need across the world: health and education.
A Vision for Human Rights
Safi’s vision is to leverage computer technology and the internet to deliver distance-learning and telemedicine to the most remote regions of the world, allowing millions of human beings to rise from crippling poverty to the ranks of productive global citizen.
The Rise of AST
In 1984, with AST Research, Inc., Safi became the first Pakistani-American to take a company public, amassing sales of more than $100 million. In 1991, when Dubai was barely known to American companies, AST was the first technology company to build a new facility in Jebel Ali to reach the Middle East, North Africa, and South Asia.
By 1992, AST saw profits of $1.4 billion, granting them a spot in the Fortune 500 and Safi the designation of first Pakistani-American founder/CEO of a Fortune 500 company.
With more than 6,000 employees and sales of over $2.5 billion, AST ranked in the top-10 PC companies in the world and was the market share leader in China. In 1997, the company was acquired by Korea’s largest electronics company, Samsung Electronics.
A Career Beyond
As successful as AST was, it was only the launching point of Safi’s career.
In 2000, he became the CEO of Avaz Networks, the first American technology company with more than 150 employees in Islamabad, Pakistan. Avaz also touted the largest team of post-graduates under one roof and, with Safi’s guidance, extended into Malaysia to connect with local education and research institutions for collaborative R&D.
In 2000, Safi also launched Irvine Ventures to invest in privately held, early-stage internet and technology startups.
In 2003, Safi founded Quartics, a fabless semiconductor company with a focus on wireless video transmission and processing in Irvine, California. He served as CEO until 2008.
Safi is currently involved with several startup technology companies as an advisor, board member and venture investor.
An Accomplished Advisor
Based on his achievements in the tech sector, it is no surprise that Safi has also had an active career as an advisor in politics and business…
From 1994-98, Safi served as a member of President Clinton’s Export Council. He was involved in several missions to China, India, Indonesia, and Thailand as part of a delegation including Secretaries of Commerce Ronald Brown, Robert Mosbacher, and Richard Daly, as well as U.S. Trade Representative Mickey Cantor.
- In 2003, Safi was appointed by California Governor Arnold Schwarzenegger as a member of his new administration’s transition committee.
- He served on Anaheim Mayor Curt Pringle’s Technology Advisory Committee.
- He is a founding member and former President of the Southern California chapter of TiE (The Indus Entrepreneurs), a global network of high net worth individuals from South Asia. TiE has 13,000 members and 57 chapters in 14 countries.
- He is a founding member of the California Business-Higher Education Forum and was its Chairman from 1994-95.
- He was a Regent’s Professor within the Graduate School of Management at the University of California, Irvine as well as a member of UCI’s CEO roundtable.
Developing a Better Society
Safi’s vision for the improvement of society through education, healthcare, and philanthropy has been a lifelong mission. Throughout the years, he has made many significant contributions to the fields of education and health.
- He founded and was previously the chairman of the Unity Productions Foundation (upf.tv) in 1999. UPF’s mission is to use media for greater understanding of Islam and Muslims in America.
- Safi has supported the Council on Islamic Education since 1993 (CIE.org and www.ircv.org) to strengthen the American public education system.
- Acting as a trustee for Give2Asia, which strengthens communities throughout Asia by building trusted networks for charitable investments, Safi has helped the organization become more efficient in their operations and to fully leverage IT for its day-to-day operations.
- He made significant investments in the Pakistani version of beloved children’s program “Sesame Street,” localizing it for the Urdu language.
- Board member for the Merage Foundation for the American Dream, an organization dedicated to promoting social change through education and community development.
- Board member for Anvita Health of San Diego, an innovative healthcare analytics company that provides the analytics engine for Google Health and other healthcare leaders.
- Board member for Japan Ecologica of Tokyo, creators of natural pesticides for consumer and agricultural industry needs.
- He has made financial contributions to support U.C. Irvine’s Bonney Center for Neurobiology of Learning and Memory and the Qureshey Research Laboratory, the first research building at UCI funded entirely by private sources.
- He also founded the eponymous Safi Qureshey Foundation, a nonprofit dedicated to addressing basic literacy and childhood development through media in Pakistan.
Honors & Recognition
During his career, Safi has received international recognition for his professional and philanthropic work including:
- New York Times covered him as one of 38 successful immigrants honored by the Carnegie Corporation of New York
- “Director of the Year for Early Stage Companies” Award from the Forum for Corporate Directors in Orange County, CA.
- “Humanitarian Award” from the National Council for Communities and Justice in Orange County, CA.
- Irvine Recipient of the American Muslim Achievement Award
- The UCI Medal, the highest medal conferred by the University of California, Irvine for distinguished service.
- International Entrepreneur of the Year from the University of Illinois, Carbondale
- Distinguished Alumnus from the University of Texas, Arlington.
The Next Step
Revolutionizing global healthcare and education infrastructures is no simple task…
With Skyline Capital Management’s resources and Safi’s ample technology skills, investing experience, and connections across top universities, venture capital, and investment groups, he believes that millions can learn the critical skills necessary — and gain the healthcare opportunities needed — to become productive global citizens.