Bloomberg
SoftBank Group Corp plans to hire about 10 people to boost its in-house investment capabilities, primarily from Goldman Sachs Group Inc, according to people familiar with the situation.
The additions will come from banking, private equity, consulting and, in at least one case, the medical profession, said the people, asking not to be named because the matter is private. They will join in April and May to work in Tokyo and London, they said.
SoftBank hired Katsunori Sago, a former deputy president at Goldman Sachs, as chief strategy officer in June 2018, and Hiroki Kimoto, an 18 year veteran of the Wall Street bank, joined in January to lead a newly created investment unit.
The firm has been looking for people to expand its investment business since then. The group will be separate from SoftBank’s $100 billion Vision Fund, though they may collaborate on deals.