SoftBank Vision Fund’s Deep Nishar to Leave at End of Year

(Bloomberg) -- SoftBank Vision Fund’s sole senior managing partner, Deep Nishar, is set to leave the firm by the end of the year.

Nishar, who’s based in the San Francisco Bay Area, announced his departure via a LinkedIn post Monday. 

Previously a senior vice president of products and user experience at LinkedIn, Nishar joined SoftBank in 2015. Bloomberg first reported he was considering leaving SoftBank. 

“Deep’s played an important role in hiring and mentoring employees, advising our founders, and overseeing our investing activities in enterprise, frontier tech, and health tech,” said Rajeev Misra, chief executive officer of SoftBank Investment Advisers. “I’d like to thank him for his many contributions over the past six years and wish him well on his next adventure.”

Nishar has been involved in more than three dozen of SoftBank’s bets, including 10X Genomics Inc., Guardant Health Inc., Slack Technologies Inc., Pear Therapeutics Inc. and Grofers, the firm’s website shows. There are only three executives at the fund who outrank Nishar, including Masayoshi Son, founder and chairman of SoftBank Group Corp.

“36 investments: 8 IPOs, 2 M&A and 2 SPACs to date,” Nishar said on his LinkedIn post announcing his departure “What an amazing six years.”

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