Kabir Misra, managing partner at SoftBank Investment Advisers, is raising up to $250m for a fund in which SoftBank will be anchor investor.

Telecommunications group SoftBank will be the anchor investor in a fund sized at up to $250m that will be formed by Kabir Misra, an executive at its Vision Fund, DealStreetAsia reported yesterday.

The fund is looking to raise between $200m and $250m, according to three people close to the development. Misra is managing partner of SoftBank Investment Advisers, which manages Vision Fund, but will formally leave once the fund reaches a final close.

One of the sources told DealStreetAsia: “He…