Japan’s Softbank Said to Hire Rajeev Misra From FortressStephanie Ruhle and David Carey
Rajeev Misra, a former debt-trading executive at Deutsche Bank AG and UBS AG who joined Fortress Investment Group LLC earlier this year, is leaving for Softbank Corp., according to three people briefed on the move.
Misra, 52, hasn’t left New York-based Fortress yet, according to the people, who asked not to be identified because the move hasn’t been made public.
Softbank, the Japanese company that paid $22 billion for control of Sprint Corp. last year, has invested in more than 1,300 technology companies and agreed earlier this month to invest $250 million for a minority stake in Legendary Entertainment.
Misra didn’t immediately reply to a request for comment. A spokesman for Fortress said he couldn’t immediately comment and a spokesman for Tokyo-based Softbank declined to comment.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- In One Tweet, Kylie Jenner Wiped Out $1.3 Billion of Snap’s Market Value
- U.S. Companies Abandon the NRA as Boycott Call Grows
- China Regulator Seizes Anbang, Chairman Faces Fraud Prosecution
- Prime-Age Men May Never Return to U.S. Workforce, Fed Paper Says
- The Two Words That Will Help Get an Airline Upgrade Over the Phone