Sovereign Wealth Fund-Backed SoftBank Vision Fund Loses $5.53 Billion in the Latest Quarter
Posted on 02/07/2023
SoftBank Vision Fund is managed by SoftBank Group Corporation and is backed by investors such as Mubadala Investment Company and Saudi Arabia’s Public Investment Fund. The massive Vision Fund segment generated a pre-tax loss of 660 billion Japanese yen (US$ 5.0 billion) for the quarter of December 2022. SoftBank’s Vision Fund’s loss on investments came…
