SoftBank’s Masayoshi Son Looks For Industry Specialists For Its Investment Fund
Deep Nishar spends more time roaming university hallways than he does corporate boardrooms.
A former electrical engineer who helped develop Google's mobile phone business and grow LinkedIn's users from 30 million to half a billion, Nishar is exactly the sort of industry specialist that SoftBank Group CEO Masayoshi Son wants for his new $100 billion technology investment vehicle.
Son, Japan's richest man, is expected to announce on Saturday the close of the first fundraising round for what will be the world's biggest private equity fund. Its backers, including Saudi Arabia's sovereign wealth fund and Apple, expect technology investments that will match or beat the 44% internal rate of return that SoftBank says Son has delivered by investing in internet companies in the last 18 years.
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