Rajeev Misra's OneIM Upsizes to $8 Billion to Boost Investments [Yahoo! Finance]
SOFTBANK GRP UNSP/ADR (SFTBY)
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Source: Yahoo! Finance
by more than $1 billion this month to support its growing operations as it opens offices in countries such as Japan and India, according to people familiar with the matter. Most Read from Bloomberg Paris to Replace Parking Spaces With Trees New York's Transit Agency Approves $9 Congestion Toll In Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited Lift Amtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC Service A Bug's Eye View of Mexico City's Modernist Architecture The fundraising has increased OneIM's size to $8 billion, the people said, asking not to be named as the information is not public. The two-year-old fund plans to open an office in New Delhi, adding to its presence in New York, London, Abu Dhabi and Tokyo, they said. OneIM is backed by Abu Dhabi conglomerate Royal Group and Mubadala Investment Co., one of the emirate's sovereign wealth funds, Bloomberg News reported earlier. The investment vehicle will look for lending and investment opportuni
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