SoftBank Vision Fund has reportedly got to the halfway point of its $98.6bn allocation and is expected to run out of capital in the next 18 months.
Vision Fund, the $98.6bn technology investment fund managed by telecommunications firm SoftBank, has allocated more than half of its capital in under two years, the Wall Street Journal reported yesterday.
The fund reached a $93bn first close in May 2017 on its way to a projected $100bn close, most recently increasing its capital allocation to $98.6bn.
However, Vision Fund is investing about $7bn per quarter and the WSJ calculates it will run out of money in the next 18…