SoftBank hires industry veterans for $5b Latin America tech fund

By
Posted

SoftBank’s Latin America fund will focus on e-commerce, digital financial services, health care, mobility and insurance.

SoftBank

Goldman Sachs’ consumer, retail group head Rob Sweeney to step down

By

He advised General Mills Inc on its 2018 acquisition of Blue Buffalo and Yum! Brands Inc on the separation of its China business.


BlackRock CEO Larry Fink seeks to build onshore presence in China

By

BlackRock is said to have held talks with China’s CICC Fund Management for a majority stake in it.


MY Digest: Bank Pembangunan appoints group CEO; EPF signs UNPRI

By

Bank Pembangunan Malaysia Bhd has appointed Arshad Mohamed Ismail as its president and group CEO.


People Digest: Mastercard names Vietnam country manager; Boustead ropes in new MD

By

Malaysian conglomerate Boustead Holdings Bhd has named Datuk Seri Amrin Awaluddin as its managing director.


Grab appoints Yee Wee Tang as Singapore country head

By

According to a statement, Yee assumed the new role on April 1, 2019 succeeding Lim Kell Jay.


SoftBank India head Sumer Juneja joins ride-hailing firm Ola’s board

By

SoftBank India head Sumer Juneja is joining ride-hailing platform Ola’s board. He will replace David Thevenon, who has been on the board of Ola for over last two-and-a-half years. Talking to The Times of India, a SoftBank spokesperson said that Thevenon is stepping down to focus on his board responsibilities… Read more »


Aditya Kumar is Go-Ventures VP, confirms backing of external investors

By

Go-Ventures has already backed local firms including Narasi TV and media startup Kumparan.


People Digest: Future Fund appoints deputy CIO; Former Temasek exec joins Hg

By

Future Fund has appointed Sue Brake as deputy CIO while London-based PE investor Hg has named Ben Meyer, a former Temasek executive, as investment partner.


SoftBank said to hire 10 deal-makers from Goldman for investment push

By

The firm has been looking for people to expand its investment business. The group will be separate from SoftBank’s $100 billion Vision Fund, though they may collaborate on deals.