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SoftBank Aims to Invest $1 Billion in Latin America This Year

  • Fund’s $2.3 billion outlay hit $3 billion value at year-end
  • Covid pandemic helped accelerate tech companies’ growth

SoftBank Group Corp. aims to invest about $1 billion from its Latin American private equity fund this year, as the Covid-19 pandemic helps to speed up growth from technology companies in the region.

“We are looking at many opportunities right now, including agricultural tech firms,” the fund’s manager Paulo Passoni said.