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Rajeev Misra, the top Indian dealmaker at SoftBank, is stepping down from his leadership roles at the Japanese fund’s flagship investment vehicles. The announcement marks the end of Misra’s influential tenure, during which he steered the $100-billion Vision Fund through its crests and troughs.
Alex Clavel will assume the role of sole chief executive officer at SoftBank Investment Advisers (SBIA) and SoftBank Global Advisers (SBGA) following Misra’s departure. Going forward, Misra will hold no operational or management role at SoftBank, according to the announcement. Clavel has been co-CEO of SBIA until now.
The transition follows Misra’s earlier decision in August 2022 to step back from his roles as corporate officer and executive vice president of SoftBank Group. Misra has since established a new venture, One Investment Management, with a corpus of around $7 billion, which is expected to make both debt and equity deals.
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