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SoftBank's Rajeev Misra says Vision Fund 2 is backing a SPAC

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The trendy investment vehicle will give the Vision Fund a new way of investing in private companies and give public investors access to SoftBank's portfolio manager picks.

The SPAC will be operated by SoftBank Vision Fund investment advisors and will include money from outside investors and Vision Fund 2, according to a person familiar with the matter. A SoftBank spokesman declined to comment.

Misra helped raise $100 billion SoftBank's first Vision Fund, which was invested into more than 80 companies. SoftBank founder Masayoshi Son previously said he planned to raise a second $108 billion for a second Vision Fund. But Misra has struggled to raise money for the second fund after several Vision Fund 1 investments, including

 

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