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Deepti Sri · · 1 min readSoftBank’s Vision Fund ropes in head of Microsoft’s VC arm as managing partner
“SoftBank Group’s Vision Fund is hiring the head of Microsoft’s venture capital business as managing partner, the first major addition to the investment arm following a spate of departures,” reported Bloomberg.
Details:
- Nagraj Kashyap, outgoing global head of Microsoft’s M12 fund, will join SoftBank’s Vision Fund unit in the US, the Japanese conglomerate said in a statement.
- Kashyap had previously worked at Qualcomm for 13 years, where he headed Qualcomm Ventures and Qualcomm Research’s business development.
Context:
- SoftBank’s Vision Fund has recently seen a number of exits among its top-level management, including its former chief operating officer Ruwan Weerasekera.
- Penny Anne Bodle, a partner who had headed investor relations for three years, also left Vision Fund late last year.
Editing by Collin Furtado and September Grace Mahino
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