SoftBank Vision Fund co-CEO Misra to exit

Date:

Share post:


Rajeev Misra is to step down from his leadership roles at SoftBank’s flagship technology investment vehicles, marking the final departure of one of the Japanese group’s most prominent dealmakers.

The company announced on Tuesday that Misra, who helped steer the $100 billion Vision Fund through both its meteoric rise and subsequent challenges, will relinquish his positions as co-head of SoftBank Investment Advisers and SoftBank Global Advisers. Alex Clavel will assume sole leadership as chief executive of both units.

The move comes after Misra’s earlier withdrawal from his executive positions at SoftBank Group in August 2022, when he stepped back from his roles as corporate officer and executive vice president of the parent company.

This is a developing story. More to follow.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Apple’s AI-powered Final Cut Pro 11 is now available

It’s been 13 years since Apple released Final Cut X. That’s just over half of the video-editing...

Don Lemon leaves X, the platform he nearly had a video show with

Former CNN anchor Don Lemon said on Wednesday he is leaving Elon Musk’s X, a decision made...

Amazon scraps secret fertility-tracking project

Amazon has shut down a four-year-old secret program working on a fertility monitoring device and accompanying smartphone...

Wing begins delivering blood samples via drone in London

Alphabet X spinoff Wing on Wednesday confirmed that it has started delivering blood samples via drone. The...

This generative AI startup is strapping cameras to people’s backs

A startup is training an AI system that it claims will enable creators to generate cinematic worlds,...

Ever wanted to rent a food delivery robot? Now you can.

Good news for anyone who’s ever wanted to rent a delivery robot. Kiwibot this week announced a...

Lyten buys battery manufacturing assets from beleaguered Northvolt

Lyten, a Silicon Valley battery startup, announced today that it’s acquiring manufacturing assets from Northvolt, a Swedish...

Europe asks for input on banned uses of AI

The European Union is developing compliance guidance for its new law on AI. As part of that...