Gulf backers can recycle Vision Fund cash LiamWardProud gfhay
Most investors in SoftBank’s $100 billion Vision Fund want to join the group's forthcoming second fund, Chief Executive Masayoshi Son said at the Japanese firm’s annual general meeting on June 19.
Son said in May that a second fund would launch"soon", even if SoftBank was initially the only investor. Both Saudi Arabia’s Public Investment Fund and Abu Dhabi’s Mubadala Investment Company are currently deliberating over whether to commit to the second Vision Fund, people familiar with the situation have told Breakingviews.
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