Tag Archives: alternative investments

New SoftBank Tech Fund Falls Far Short of $108 Billion Fundraising Goal

February 7, 2020 World Comments Off on New SoftBank Tech Fund Falls Far Short of $108 Billion Fundraising Goal

New SoftBank Tech Fund Falls Far Short of $108 Billion Fundraising Goal

Technology giant SoftBank Group Corp. 9984 7.13% will raise far less than anticipated for its next fund after investors, disillusioned by bad bets like WeWork and by the chaotic and unorthodox way the fund operates, have refused to put up new cash, people familiar with the matter said. Hailed by …

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