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Rajeev Misra

From Wikipedia, the free encyclopedia
Banker and executive based in London

Rajeev Misra
Born1962 (age 62–63)
Alma materDelhi Public School, Mathura Road
IIT Delhi
University of Pennsylvania
MIT Sloan School of Management
OccupationInvestor
TitleFormer CEO ofSoftBank Investment Advisers

Rajeev Misra is anIndian Britishbanker and executive.[1] He was the CEO ofSoftBank Investment Advisers.[2]

Early life and education

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Misra was born on 18 January 1962 inBalasore,Odisha,India.[3] He attendedDelhi Public School atMathura Road, Delhi, India; studied chemical engineering atIIT Delhi;[1] and theUniversity 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 theMassachusetts 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 ofKaust.[5]

Career

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Misra was Board Director ofSoftbank 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 fromMerrill Lynch toDeutsche Bank toUBS. AtDeutsche Bank, he oversaw a team of credit traders whose bet against the U.S. subprime mortgage market was chronicled inThe 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-basedTCI Fund for several months.[7][8] He joined UBS in 2009, and in May 2014 he was a senior managing partner ofFortress Investment Group, until he joinedSoftbank in November 2014.[2]

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

In July 2022, he stepped back from his executive roles atSoftBank 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 ofSoftBank Group Corp.’s Vision Fund.[13]

References

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  1. ^ab"SoftBank nominates Rajeev Misra, its $100-billion Vision Fund CEO, to board".The Economic Times. 27 May 2017. Retrieved15 January 2018.
  2. ^ab"Biography: Rajeev Misra". Softbank. Retrieved17 February 2020.
  3. ^"Biography: Rajeev Misra - Board of Directors - Company Info - About Us".SoftBank Group. 18 January 1962. Retrieved15 January 2018.
  4. ^Krishnamachari, S V (27 May 2017)."India-born Rajeev Misra joins Japan's SoftBank board".International Business Times, India Edition. Retrieved15 January 2018.
  5. ^ab"Global Conference 2017 - Speaker: Rajeev Misra".Rajeev Misra » Milken Institute. 30 April 2017. Retrieved15 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. Retrieved4 November 2019.
  7. ^"UPDATE 1-Rajeev Misra to leave Deutsche Bank".Reuters. 7 June 2008. Retrieved17 February 2020.
  8. ^"Breaking news: UBS makes big hire in credit".Euromoney. 21 May 2009. Retrieved17 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. Retrieved3 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. Retrieved12 November 2024.

Sources

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  • David Enrich,Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction, Custom House (2020)ISBN 978-0062878816 - The story ofDeutsche Bank and Rajeev's role in it.[1]
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  1. ^Enrich, David (2020).Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction. New York: Custom House.ISBN 978-0062878816.
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