LOS ANGELES, Calif. (CitizenWire) — The United States Global Entrepreneurs Association (USGEA) is proud to announce that one of its corporate members, Vickers Financial Group (“Vickers”), a leading Venture Capital firm emerged a winner on October 5th at the Inaugural Singapore Venture Capital and Private Equity Association (“SVCA”) Annual Awards Gala Dinner held at the Shangri-La Hotel. The newly established annual awards program is aimed to highlight successful venture capital (“VC”) and private equity (“PE”) investments, as well as recognize the achievements of the dynamic VC/PE players in the industry.
Vickers which focuses on early stage investments, funded the start-up capital for Cambridge Real Estate Investment Management (“CREIM”) Pte Ltd, the investment manager of Cambridge Industrial Trust (“CIT”), a REIT which is listed on the Singapore Stock Exchange in 2005 and sold its interests to a joint venture between National Australian Bank and Oxley Capital in 2008 for a 26x return on investment and an IRR of approximately 190%.
Vickers took home the best exit award for Category A (early staged investments). In this category, key criteria were investment returns, investment holding period and the size of the transaction. “Our investment in CREIM is a good example of the deals we invest in. We focus on early stage in the 5 sectors of technology, media, telecommunication, financial services and consumer. We took a more active role in the strategic management of this company, through the chairmanship of the board and subcommittees, and also seconding a full time de facto CFO to the company,” said Vickers Financial Group’s chairman, Dr. Finian Tan.
USGEA Chairman Dr. Shaan Kumar remarked, “There are very few VC’s who are choosing high risk high gain ventures in the current economic conditions but I feel Vickers team is making a prudent move in identifying their niche by choosing very few deals out of thousands of companies they see each year. Their portfolios are very unique and diversified. In my personal experience, the Vickers team, led by Dr. Tan, are not only good strategic investors, but good team players.”
About Vickers Financial Group:
Vickers Financial Group is an investment house with offices in Shanghai and Singapore. The group manages 3 funds and proprietary capital. Founded in 2004 by Dr Finian Tan, the Group seeks to create long term value for its investors by investing in and building a stable of great companies focused primarily on the Asia Pacific market.
For more information about Vickers Financial Group, please visit: www.vickersfinancial.com .
USGEA is a global mentor capital organization which supports the growth and success of small and medium businesses, emerging entrepreneurs, leaders, and professionals worldwide. Its social site www.entrepreneur21.net acts as a platform for collaboration to their member community.
For more information about United States Global Entrepreneurs Association, please visit: www.usgea.org .
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