Public Investment Fund and Mubadala, which put up a total of $60bn for the first Vision Fund, are reportedly looking to downgrade their exposure to the second vehicle, as We Company postpones its IPO.
Middle Eastern sovereign wealth funds Public Investment Fund (PIF) and Mubadala are considering reducing planned investments in telecommunications firm SoftBankâs second Vision Fund, Bloomberg reported yesterday. SoftBank raised $98.6bn for the first Vision Fund and revealed memoranda of understanding for $108bn of contributions from prospective limited partners and its own cash reserves in July this…
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
