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SoftBank to Expand Vision Fund Staff for More Japan Investment

  • Plans to recruit analysts, associates and vice presidents
  • It has backed two startups in Japan, faces tightening in China

SoftBank Group Corp. plans to expand the Japan investment team for its Vision Fund, adding staff and stepping up deal-making after putting little of its money into its home country in the past. 

Founder Masayoshi Son raised about $100 billion for his first Vision Fund and has allocated $51 billion for a second, but he has made most of his investments overseas, particularly in the U.S. and China. Only two of his investments have been in domestic startups.