The fund, set up in 2017, has become the world's largest tech investment fund and includes Uber, ARM and WeWork
SoftBank Group CEO Masayoshi Son, November 5 2018. Picture: REUTERS/KIM KYUNG-HOON
The company has publicly stated it plans to set up a second investment fund. The senior banking source said Softbank was now talking to banks about helping it raise money, confirming an earlier report in the Wall Street Journal. "The big difference is that the biggest asset in the Naspers portfolio is Tencent, which is listed, whereas the portfolio of the Vision Fund is all private," the source said.A spokesperson for Softbank declined to comment when contacted by Reuters.
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