Business Standard

SoftBank is looking to invade Wall Street turf

Rajeev Misra, a top Wall Street financial engineer who now heads the Vision Fund, will take charge of the larger company, to be based in London

Rajeev Misra
Premium

Rajeev Misra

Landon Thomas Jr New York
The private equity industry has long been dominated by the Wall Street elite: firms like the Blackstone Group, Kohlberg Kravis Roberts and Carlyle.
 
Now SoftBank, a Japanese conglomerate best known in the United States for its ownership of Sprint, is looking to muscle in on this lucrative business.
 
Under Masayoshi Son, the founder who still leads it, SoftBank has been a relentless deal maker for decades, shaking up industries and most recently unleashing a $100 billion investment fund focused on technology.
 
Despite Son’s reputation — he is sometimes compared to Warren E. Buffett — the Wall Street

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in