SoftBank secures first capital commitment for multibillion-dollar tech fund

SoftBank Group Corp. has secured the first capital commitment to a $100 billion fund organized with Saudi Arabia and Abu Dhabi that would eventually put its founder Masayoshi Son in charge of one of technology’s biggest investment vehicles. The telecom conglomerate is investing $28 billion and has agreements with Saudi Arabia’s Public Investment Fund, Abu […]

The post SoftBank secures first capital commitment for multibillion-dollar tech fund appeared first on The Japan Times.

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