💰SWF – Sovereign Wealth Fund
Temasek and Kuehne + Nagel Form Tech Startup JV.
Singapore’s Temasek Holdings and Kuehne + Nagel International AG, a global logistics company, signed a Memorandum of Understanding (MoU) to form a joint venture to globally invest in early stage companies that can impact the world of logistics and supply chains.
The venture will pursue investments in the fields of big data, predictive analytics, blockchain, artificial intelligence (AI) and robotics.
https://www.swfinstitute.org/swf-news/temasek-and-kuehne-nagel-form-tech-startup-jv/
German BAV Awards €1 Billion Property Mandate to Deutsche Asset Management.
Bayerische Ärzteversorgung (BAV) is the German pension fund for doctors in Bavaria.
BAV awarded a €1 billion mandate to Deutsche Asset Management, part of Deutsche Bank, to oversee its global property portfolio.