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SoftBank’s Vision Fund tests the debt market

Masa is looking to raise $4 billion


SoftBank’s Masayoshi Son (Credit: Bloomberg)

Masayoshi Son’s $98 billion Vision Fund is testing the debt market… It has hired Goldman Sachs and Mizuho to help raise $4 billion in debt to help finance acquisitions, according to Reuters. With concerns surrounding the investment decisions of the fund, it should be interesting to monitor what investor appetite is like for the deal. 

Why SoftBank focuses on real estate: SoftBank’s Justin Wilson explained that since real estate represents 17 percent of America’s GDP, it’s logical to allocate the same percentage of its fund to the sector.

Notable investments include: WeWork ($4.4 billion), Katerra ($865 million), Compass ($450 million), and Lemonade ($120 million).

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