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SoftBank CEO plans second fund

The Vision Fund is expected to close at $100bn this month and CEO Masayoshi Son is already planning a follow-up

SoftBank CEO plans second fund

SoftBank’s near-$100bn Vision Fund has yet to close, but its acquisitive founder is already gauging interest for a second fund.

“Vision Fund II will definitely come. It’s just a matter of time,” SoftBank chief executive Masayoshi Son said during an interview at The Wall Street Journal’s CEO Council meeting in Tokyo on Tuesday. It will not launch in six months, he said, but it will “in the near future”.

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