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.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: asiaonecom - 🏆 10. / 59 Läs mer »