Singapore-based Vickers Venture Partners has closed its sixth fund at $260 million, roughly half its original target of $500 million.
“We decided to close the fund at about $260 million as we had raised about $140 million through our special purpose acquisition company (SPAC) and another $115 million or so of co-investments, totalling slightly above $500 million,” explained a Vickers spokesperson in a statement to DealStreetAsia.