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Rajeev Misra steps back at SoftBank, plans own fund
Financial Express Mumbai|July 08, 2022
MOVE TO AVOID CONFLICT OF INTEREST | Misra to launch his own platform along with investors of SoftBank's Vision Fund 1
-  TUSHAR GOENKA & SALMAN SH
Rajeev Misra steps back at SoftBank, plans own fund

RAJEEV MISRA, CURRENTLY the CEO of SoftBank Investment Advisers, will step down from his role to become the fund's vice-chairman as he plans to launch his own asset management firm and wants to avoid "any conflict of interest", a person familiar with the developments told FE.

Misra was the CEO of both SoftBank's Vision Fund (SVF) 1 and SVF2. The SVF1 has roughly $100 billion worth of capital, of which about 80% comes from external sources, while the SVF2 is entirely SoftBank and Masayoshi Son's money.

FE has read parts of the email that Masayoshi Son wrote to his employees.

A SoftBank spokesperson confirmed the developments.

This story is from the July 08, 2022 edition of Financial Express Mumbai.

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Rajeev Misra steps back at SoftBank, plans own fund
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This story is from the July 08, 2022 edition of Financial Express Mumbai.

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