Sources have told the Wall Street Journal the fund is set to raise less than half the $108bn in MOUs SoftBank received, with the corporate supplying most of that capital itself.
Telecommunications and internet group SoftBank is set to raise roughly half its target for its second Vision Fund, the Wall Street Journal reported on Friday citing people familiar with the matter.
SoftBank announced in July 2019 it had organised memoranda of understanding for $108bn of capital for Vision Fund II, set to follow the $98.6bn first fund it set up in 2016.
However, the eventual size of the vehicle could be less than half that, with SoftBank itself committing…
