Reefknot Investments, a Singapore-based joint venture between Temasek and Kuehne + Nagel, is considering a second fund as it targets to deploy most of the capital from its first investment vehicle by the end of this year, a top executive told DealStreetAsia.
“We’re not actively fundraising at the moment, but we’re currently talking to various players including potential strategic partners who are interested in the space and seeing how they can potentially participate [in the next fund],” Reefknot managing director Marc Dragon said, adding that the firm is eyeing a $100 million corpus for its second fund next year.