Not enough takers for Vision Fund sequel, finds SoftBank’s Son

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during a news conference in Tokyo, Japan, on Monday, Aug. 6, 2018. Photographer: Kiyoshi Ota/Bloomberg

Global investors seem to be balking at the idea of handing Masayoshi Son another $100 billion to play with.

Some money managers, from sovereign wealth funds to pension funds, plan to make limited or no contributions to the SoftBank Vision Fund II, the Wall Street Journal reported, citing people familiar with the matter. The investment vehicle is the successor to the SoftBank Vision Fund, a $100 billion investment vehicle started by Son’s SoftBank Group Corp.

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