Vickers would be the highest-profile investor yet to have fallen victim to the suspected US$740 million swindle, which Singaporean authorities have said could be the biggest investment fraud the financial hub has ever seen.
"We are performing a supervisory review” of Vickers Venture Partners Pte Ltd. to"ascertain that it has met these requirements.” Vickers has US$953 million of assets under management, including co-investments. Its founder and chairman was an early investor in Chinese technology giant Baidu Inc.
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