Akshay Naheta, chief investment officer of investment firm Knight Assets & Co, has joined the management team of telecommunications group SoftBank’s $100bn Vision Fund, Bloomberg reported on Tuesday.
The fund, announced in October 2016, is set to receive $25bn from SoftBank, $1bn from hardware producer Apple and additional funding from contract manufacturer Foxconn and chipmaker Qualcomm.
Saudi Arabia’s Public Investment Fund is expected to supply $45bn and the Abu Dhabi-backed Mubadala Development Company a reported $10 to $15bn, while Qatar…