Rajeev Misra

Last updated

Rajeev Misra
Born1962 (age 61–62)
Balasore, Odisha, India
Alma mater Delhi Public School, Mathura Road
IIT Delhi
University of Pennsylvania
MIT Sloan School of Management
OccupationInvestor
TitleCEO of SoftBank Investment Advisers

Rajeev Misra is a London-based banker and executive. [1] He was the CEO of SoftBank Investment Advisers. [2]

Contents

Early life and education

Misra was born on 18 January 1962 in Balasore, Odisha, India. [3] He attended Delhi Public School at Mathura Road, Delhi, India; studied chemical engineering at IIT Delhi; [1] and the University of Pennsylvania (gaining a Bachelor's in Mechanical Engineering and then a Master of Computer Applications [MCA]).[ citation needed ] This was followed by a Master of Business Administration (MBA) at the Sloan School of Management at the Massachusetts Institute of Technology (MIT). [4] Misra is a board member of both the University of Pennsylvania and MIT Sloan, and is on the board of trustees of Kaust. [5]

Career

Misra was Board Director of Softbank Group and CEO of Softbank Investment Advisers. Misra, who leads the team running the company's Vision Fund, joined SoftBank in 2014. [5]

Misra spent about 25 years in finance, moving from Merrill Lynch to Deutsche Bank to UBS. At Deutsche Bank, he oversaw a team of credit traders whose bet against the U.S. subprime mortgage market was chronicled in The Big Short. [6] He left Deutsche Bank in June 2008, when he was the global head for credit and commodities and was reportedly earning between 10 and 15 million euros a year. He then worked at the London-based TCI Fund for several months. [7] [8] He joined UBS in 2009, and in May 2014 he was a senior managing partner of Fortress Investment Group, until he joined Softbank in November 2014. [2]

The Wall Street Journal detailed Misra's alleged attempts to undermine his internal rivals at Softbank, including planting stories, filing shareholder complaints, and using a "honey trap". [9] [10]

In July 2022, he stepped back from his executive roles at SoftBank Group to start his own venture fund, as reported by various news agencies. He has secured over $6 billion, including from Middle East investors. [11] [12]

In November 2024, Rajeev Misra announced that he was formally stepping down as co-chief executive officer of SoftBank Group Corp.’s Vision Fund. [13]

Related Research Articles

<span class="mw-page-title-main">SoftBank Group</span> Japanese investment holding company

SoftBank Group Corp. is a Japanese multinational investment holding company headquartered in Minato, Tokyo, Japan which focuses on investment management. The group primarily invests in companies operating in technology that offer goods and services to customers in a multitude of markets and industries ranging from the internet to automation. With over $100 billion in capital at its onset, SoftBank's Vision Fund is the world's largest technology-focused venture capital fund. Fund investors included sovereign wealth funds from countries in the Middle East.

<span class="mw-page-title-main">Masayoshi Son</span> Japanese entrepreneur (born 1957)

Masayoshi Son is a Japanese billionaire technology entrepreneur, investor and philanthropist. A third-generation Zainichi Korean, he naturalized as a Japanese citizen in 1990. He is the founder, representative director, corporate officer, chairman and CEO of SoftBank Group Corp. (SBG), a technology-focused investment holding company, as well as chairman of UK-based Arm Holdings.

<span class="mw-page-title-main">Anshu Jain</span> British businessman (1963–2022)

Anshuman Jain was an Indian-born British business executive. From 2017 to 2022, he was the president of the American financial services firm Cantor Fitzgerald.

<span class="mw-page-title-main">John Cryan</span> British businessman

John Michael Cryan is a British businessman. From July 2015 to April 2018 he was chief executive of Deutsche Bank AG in Frankfurt am Main.

Rory Tapner is a British businessman who, in September 2010 was appointed CEO of Coutts, the Wealth Management division of Royal Bank of Scotland Group. In February 2015 he stepped down as CEO; he was replaced in the role by Alison Rose, the then head of RBS Commercial and Private Banking. Prior to this, he was Chairman and CEO Asia Pacific at UBS AG from May 2004 until June 2009 and a member of the UBS Group Executive Board from 2006 until June 2009 when he stepped down and returned to the UK. In June 2019 he was appointed Chair of the Board at Brown Shipley Holdings Limited. In May 2020, Tapner was named Chairman of the Board of Directors of Quintet Private Bank, Brown Shipley's parent.

<span class="mw-page-title-main">Chi-Won Yoon</span>

Chi-Won Yoon is a South Korean financier and executive. Formerly president of UBS Group Asia Pacific, he stepped down in 2016 after nearly seven years in the position to take a sabbatical.

Eric Hippeau is a partner at Lerer Hippeau Ventures in New York City.

<span class="mw-page-title-main">Jes Staley</span> American banker

James Edward "Jes" Staley is an American banker, and the former group chief executive of Barclays. He stepped down as CEO on November 1, 2021, and was succeeded by C. S. Venkatakrishnan. Staley has nearly four decades of experience in banking and financial services. He spent 34 years at J.P. Morgan's investment bank, ultimately becoming CEO. In 2013, he moved to BlueMountain Capital, and in December 2015, became CEO of Barclays. In November 2021, Staley resigned amid a regulatory probe into whether he mischaracterized his relationship with the financier, human trafficker, and sex offender Jeffrey Epstein.

John P. Costas is an American businessman, banker, and trader. He is the former chairman and CEO of UBS Investment Bank, where he oversaw the growth of the Swiss bank's investment banking franchise globally from 2000 to 2005. From 2005 through 2007, Costas was the chairman and CEO of Dillon Read Capital Management, a UBS proprietary trading unit and alternatives management company.

Centerview Partners is an American independent investment banking firm. Centerview operates primarily as an investment banking advisory firm. Centerview has 60 partners and 400 professionals with expertise across various industries, geographies, transaction structures, and sizes.

<span class="mw-page-title-main">Jürg Zeltner</span> Swiss businessman (1967–2020)

Jürg Zeltner was a Swiss corporate executive. He last served as Group CEO and member of the Board of Directors at KBL European Private Bankers. He was earlier the President of UBS Wealth Management from November 2014 to December 2017. He stepped down from the Group Executive Board at the end of 2017, and retired from the firm as of 2018. He had served as a member of the UBS Group Executive Board since February 2009. From February 2009 to January 2012 he was co-CEO of Wealth Management and Swiss Bank. In February 2016, Zeltner ranked first among the best global private banking CEOs, according to a 2016 Euromoney private banking survey.

<span class="mw-page-title-main">Marcelo Claure</span> Chief executive officer of Sprint Corporation

Raul Marcelo Claure Bedoya is a Bolivian-American technology entrepreneur, businessman, and investor. He is the founder and CEO of Claure Group, the Executive Chairman of Bicycle Capital, and Group Vice Chairman for Shein.

Michel Combes is a French businessman and Chief Executive Officer (CEO) of SoftBank Group International ("SBGI"). Previously, he was CEO at Sprint, and has held CEO roles at Vodafone Europe, Alcatel-Lucent and Altice.

<span class="mw-page-title-main">Rajeev Kakar</span> India banker

Rajeev Kakar, an experienced banker and a serial business founder and entrepreneur, currently serves as an Independent Non-Executive Director at Commercial International Bank, Egypt; Gulf International Bank, Bahrain and KSA; Eurobank Ergasias SA, Greece and Satin Creditcare Network, India. He also serves, since 2009, as a member of the Global Advisory Board of the prestigious University of Chicago, Booth School of Business, and also as a Member of the Industry Advisory Board of the SP Jain School of Global Management since 2011. As a Board Member at Eurobank, Rajeev also serves as the Chairman of the Board Remuneration Committee and Vice Chairman of the Board Risk Committee.

<span class="mw-page-title-main">Ralph Hamers</span> Dutch private banker

Ralph Adrianus Joseph Gerardus Hamers is a Dutch businessman who was the chief executive officer (CEO) of UBS Group from September 2020 to April 2023. He was the CEO of Dutch bank ING Group from October 2013 until June 2020.

Carsten Kengeter is the former CEO of Deutsche Börse. He was the chief executive officer and Head of the management board of Deutsche Börse AG from June 1, 2015, to Jan 1, 2018.

Thomas C. Naratil is an American business executive in the financial industry. After serving as president of both UBS Wealth Management Americas and UBS Americas since early 2016, Naratil was appointed CEO of UBS Americas Holding LLC and became co-president of Global Wealth Management of UBS Group AG and UBS AG in early 2018.

<span class="mw-page-title-main">Greensill Capital</span> Financial services company

Greensill Capital was a financial services company based in the United Kingdom and Australia. Its main business was the provision of supply chain financing and related services. The company was founded in 2011 by Lex Greensill. It filed for insolvency protection on 8 March 2021.

<span class="mw-page-title-main">Akshay Naheta</span> Indian-born British business executive

Akshay Naheta is an Indian-born British business executive. He is the Founder & CEO of Distributed Technologies Research (DTR), a decentralized finance startup focusing on stablecoin technology and other linked services.

<span class="mw-page-title-main">SoftBank Vision Fund</span> Venture capital fund

The SoftBank Vision Fund is a venture capital fund founded in 2017. It is managed by SoftBank Investment Advisers, a subsidiary of the SoftBank Group. With over $100 billion in capital, it is the world's largest technology-focused investment fund. In 2019, SoftBank Vision Fund 2 was founded.

References

  1. 1 2 "SoftBank nominates Rajeev Misra, its $100-billion Vision Fund CEO, to board". The Economic Times. 27 May 2017. Retrieved 15 January 2018.
  2. 1 2 "Biography: Rajeev Misra". Softbank. Retrieved 17 February 2020.
  3. ↑ "Biography: Rajeev Misra - Board of Directors - Company Info - About Us". SoftBank Group. 18 January 1962. Retrieved 15 January 2018.
  4. ↑ Krishnamachari, S V (27 May 2017). "India-born Rajeev Misra joins Japan's SoftBank board". International Business Times, India Edition. Retrieved 15 January 2018.
  5. 1 2 "Global Conference 2017 - Speaker: Rajeev Misra". Rajeev Misra » Milken Institute. 30 April 2017. Retrieved 15 January 2018.
  6. ↑ Hope, Liz Hoffman and Bradley (31 October 2019). "Rajeev Misra Built SoftBank's Huge Tech Fund. Now He Has to Save It". Wall Street Journal. ISSN   0099-9660 . Retrieved 4 November 2019.
  7. ↑ "UPDATE 1-Rajeev Misra to leave Deutsche Bank". Reuters. 7 June 2008. Retrieved 17 February 2020.
  8. ↑ "Breaking news: UBS makes big hire in credit". Euromoney. 21 May 2009. Retrieved 17 February 2020.
  9. ↑ "SoftBank's Rajeev Misra Used Campaign of Sabotage to Hobble Internal Rivals". Wall Street Journal. 26 February 2020.
  10. ↑ Clarkson, Colin (2 March 2020). "CEO at Softbank lands in hot water with multiple serious accusations". The American Genius. Retrieved 3 March 2020.
  11. ↑ Patwardhan, Nikhil; Shrikanth, Chandra R. (7 July 2022). "SoftBank's Rajeev Misra to step aside from main roles to build and run a new fund". Money Control.
  12. ↑ Brown, Eliot (7 July 2022). "Rajeev Misra to Step Back From Top Executive Role at SoftBank". The Wall Street Journal.
  13. ↑ "SoftBank Rainmaker During Startup Boom Exits Vision Fund". Bloomberg.com. 12 November 2024. Retrieved 12 November 2024.

Sources

  1. ↑ Enrich, David (2020). Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction. New York: Custom House. ISBN   978-0062878816.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.