$100 billion fund
SoftBank has commitments for $100 billion in a new PE fund. $45B is coming from one fund (Public Investment fund of Saudi Arabia) and another $25B is coming from SoftBank. The remaining $30B is coming from third party investors. But still, this will be the largest reported fund since BX's $21B back in 2006 no matter which way you split it. My question is, what is a large fund of this size even doing existing? How do you make this happen? And--if you work there--can I have a recommendation?
I'd do a LBO of Uganda with that kind of money.
Prestige worldwide--boats n hoes money.
you need to up your game
What's really bigger than a whole country?
https://techcrunch.com/2016/10/14/softbank-and-saudi-arabias-pif-planni…
It's supposedly a tech investment fund, similar focus to the 3.5bn UBER deal
Any other ideas on where this thing is headed? $100B fund will probably come with some crazy deals to fit the platform
No idea, but seeing who is behind this, the guys who'll end up working there will get paid well.
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