SoftBank Vision Fund hires Microsoft venture fund head as managing partner

REUTERS/Issei Kato

SoftBank Group Corp.’s Vision Fund is hiring the head of Microsoft Corp.’s venture capital business as managing partner, the first major addition to the investment arm following a spate of departures.

Nagraj Kashyap, the outgoing global head of Microsoft’s M12 fund, will join the Vision Fund in the U.S., according to a statement from SoftBank. Bloomberg reported the move earlier on Monday.

The Vision Fund has seen a number of recent changes among its senior roles after making a flurry of hires following its debut in 2017. Managing partner Colin Fan is leaving his role to become an adviser to SoftBank Investment Advisers and Jeff Housenbold, the managing partner involved in bets on startups including DoorDash Inc. and dog-walking app Wag, is also leaving.

SoftBank Vision Fund Chief Operating Officer Ruwan Weerasekera and Penny Bodle, a partner who headed investor relations, also departed late last year.

“We’re thrilled to welcome Nagraj,” said Rajeev Misra, who heads the Vision Fund. “His vast experience investing in enterprise startups, leading teams, and helping founders leverage corporate networks will be major assets to our firm and the broader ecosystem.”

Kashyap was previously head of ventures at Qualcomm Inc. before joining Microsoft in 2016. M12 targets investments in corporate software companies, focusing on sectors such as applied artificial intelligence and infrastructure.

Bloomberg

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.