SoftBank achieves $93b first close on global tech fund
SoftBank Group Corp. has reached a first close of more than $93 billion on its global technology investment fund. A final close of $100 billion is expected within six months.
Much of the capital in the SoftBank Vision Fund comes from SoftBank itself and Saudi Arabia’s Public Investment Fund. The two groups launched the vehicle last October, pledging to commit at least $25...
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