The telecommunications group is expected to supply as much as $50bn to the vehicle, which may be announced as soon as this week.
Japan-based telecommunications and internet conglomerate SoftBank is set to announce its second Vision Fund as soon as this week with a commitment of its own of up to $50bn, Bloomberg reported yesterday.
Public Investment Fund (PIF) and Mubadala Investment Company, respective sovereign wealth fuunds for Saudi Arabia and the emirate of Abu Dhabi, are thought to be among the limited partners, having backed the original Vision Fund, which has formally closed $98.6bn of its targeted $100bn.
Mohammed bin Salman,…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
