Bahrain's sovereign wealth fund is in talks to contribute to the $97.7bn SoftBank-managed fund, according to its chief executive.
Bahraini sovereign wealth fund Mumtalakat has begun negotiations concerning a commitment to telecommunications and internet group SoftBank’s Vision Fund, which has so far secured $97.7bn, Reuters reported today.
Vision Fund reached $97.7bn in November 2017, six months after its $93bn first close. In addition to investment from SoftBank, the fund’s limited partners include fellow corporates Apple, Qualcomm, Sharp and Foxconn.
The largest external contributors to Vision Fund however are Saudi Arabia’s Public Investment Fund, which provided $45bn, and…
