SoftBank says Vision Fund 2 could start investing soon, bags big gains on first

SoftBank says Vision Fund 2 could start investing soon, bags big gains on first

Masayoshi Son. Photographer: Kiyoshi Ota/Bloomberg

SoftBank Group Corp’s second Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi Son said, as the technology conglomerate reported a leap in profits at its first $100 billion fund.

SoftBank said last week it had secured $108 billion in pledges for its Vision Fund 2 (VF2) from participants including Microsoft Corp  and Apple Inc, without breaking out their individual contributions.

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