Soft Bank’s $100bn vision fund

Rajeev Misra, , a London-based banker and the head of Soft Bank’s $100bn Vision Fund has lined up millions of dollars outside investment for a new hedge fund style vehicle, to pursue complex bets on publicly traded companies., with able support from Abu Dhabi’s state fund Mubadala, which in turn has helped to instil interest from the government of Khazahstan. Together they are putting up as much as $4bn into the vehicle.

The new fund is set to be based in Abu Dhabi and would be managed by Akshay Naheta, a former hedge fund manager and was the driving force behind a lucrative bet on German Payments company Wirecard last year, and one of Mr.Mishra’s closest allies at Soft Bank’s investments unit.

Mr Naheta, now managing director of Soft Bank’s Investment arm , and Mr.Mishra worked together as traders at Deutsche Bank more than a decade ago.