SoftBank Investment Advisers exploring structured credit fund - source

SoftBank Investment Advisers, which manages Vision Fund, is exploring starting a structured credit fund seeking mid-teens return to give tech startups more liquidity options, a person familiar with the matter told Reuters.SoftBank declined to comment on the news.

In recent weeks, several major investment and private-equity firms have stepped in to fill the chasm created in tech investing by the collapse of Silicon Valley Bank in March. Japan's SoftBank Group Corp, a premier investor in high-growth technology firms, will be able to tap the rapidly growing private credit market with the move as multi-billion deals are increasingly funded through debt.

Earlier this month, the company posted a sharply narrower annual loss after a capital raise using its stake in Alibaba Group Holding Ltd helped cushion investment loss at its Vision Fund investing arm.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

We own a freehold 1-bedroom investment unit in District 10: How long would it take to profit $700k?Thanks for sharing insightful property content to Singapore homeowners. I chance upon your website when searching for the latest property cooling measures. Reading your articles, I understand you offer non-biased opinion and honest recommendation without selling any services, unlike Property Agent. Is this too good to be true? Well, let’s give it a try. Would be grateful to hear your...
Source: asiaonecom - 🏆 10. / 59 Read more »