TOKYO -- SoftBank Group wants to attract money from individual investors to its faltering Vision Fund, but the hope is unlikely to be realized anytime soon because of strong headwinds facing the Japanese technology conglomerate. Still, that challenge is not stopping Japan's top securities company Nomura Holdings from secretly discussing the matter with SoftBank's management team in preparation for the eventual return of a more positive environment.
Finance
SoftBank and Nomura target retail investors for Vision Fund revival
Plan driven by two players with ties that go back years
When SoftBank's mobile unit conducted an initial public offering in 2018, Nomura took in over $120 million in fees.
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