Mubadala expected to invest in Vision Fund 2 in fourth quarter: sources - Reuters:
Abu Dhabi state fund Mubadala Investment Company is expected to invest in Japanese group SoftBank’s Vision Fund 2 in the fourth quarter of 2019, which will focus on technology projects, two sources familiar with the matter told Reuters.
In 2017, political and economic allies United Arab Emirates and Saudi Arabia contributed nearly two-thirds to SoftBank’s technology and innovation focused $100 billion Vision Fund 1 through their sovereign wealth funds.
Mubadala committed $15 billion while Saudi Arabia’s Public Investment Fund (PIF) committed $45 billion.
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