, Columnist
Time for SoftBank to Consider That Vision Fund IPO
The fund, and its Saudi Arabian investors, could use the liquidity.
The Vision Fund may be more liquid as a whole than in the sum of its parts.
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SoftBank Group Corp.’s flagship, $98.6 billion Vision Fund is almost tapped out. Its holdings of unicorn startups aren’t likely to deliver cash to investors anytime soon.
Yet SoftBank needs liquidity, and there’s talk that the Saudi government’s Public Investment Fund may be looking to monetize its stake through a margin loan. (The PIF denied a Bloomberg News report that it has such plans).