SoftBank’s Rajeev Misra says Vision Fund 2 is backing a SPAC

(CNBC) SoftBank Vision Fund chief Rajeev Misra has made a living from raising money. Now he’s jumping on the latest investment bandwagon. Speaking at the 2020 Milken Institute Global Conference on Monday, Misra said he’s preparing a special purpose acquisition company, or SPAC. The trendy investment vehicle will give the Vision Fund a new way of investing in private companies and give public investors access to SoftBank’s portfolio manager picks.

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