Macaskill on markets: SoftBank’s Vision Fund moves into DCM and ECM

The failed IPO of WeWork and a fall in the value of Uber – two big holdings for Softbank’s Vision Fund – is likely to complicate the closure of a second Vision Fund, which was announced by SoftBank in July with an expected capital of $108 billion.

The existing Vision Fund is nevertheless pressing ahead with plans to boost its ability to provide debt and equity capital market services to the companies in which it invests.