Oh, and lest we forget, it's also raising a $10 million fund that it's calling its Mobile Collective vehicle.
The venture firm and accelerator program is currently raising half a dozen funds, including a $200 million global fund; a $10 million fund focused on Southeast Asia; a $10 million Thailand-focused fund; a $10 million Korea fund; a Japan-focused fund that's looking to raise $30 million; and a $10 million fund that it's calling its Mobile Collective vehicle.
Hyundai, Kia, part of Hyundai, and Daewoo sold a collective 618,000 vehicles, the first time the three had topped the 600,000 mark.
Official 2015 OECD data shows that $36.4bn was mobilised from the private sector between 2012 and 2014 through official development finance interventions in the form of guarantees, syndicated loans and shares in collective investment vehicles (development-related investment funds).
Initially, it described collective investment vehicles, often organised as private partnerships, that specialised in combining two investment techniques, short sales (borrowing a security and selling it in the hope of being able to repurchase it more cheaply before repaying the lender) and leverage (buying securities with borrowed money) in a way that reduced risk.
The best thing about mutual funds and other collective investment vehicles is that they allow individual investors to transfer some of these worries to the investment professionals who manage their money.
He has been chair of London's King's College Hospital NHS Foundation Trust since April 2015; chair of the Centre for Public Scrutiny since early June 2015; chair of the London collective investment vehicle for the capital's local authority funds since September 2015; and is president of the Local Government Association.
Stephen Murray, energy expert at Moneysupermarket.com, says: "Analysis and insight shows that the collective switch vehicle helps customers feel part of a group and to engage in a market, where previously they were reluctant to or had become disengaged".
"For students faced with debt, this campaign is important because it will help provide them with a collective organizing vehicle," said Dawson, a member of the education and empowerment working group.
Cars are on their way to pooling their collective smarts, but vehicles that have built-in communication tech and intelligence processing are still a ways off for many.
