MANAMA: Bahrain’s sovereign wealth fund Mumtalakat is in early talks to invest in Softbank Group’s private equity fund that aims to target the technology sector, its chief executive has said.
Mumtalakat could join other Gulf state funds such as the Public Investment Fund, Saudi Arabia’s main sovereign wealth fund, and Abu Dhabi’s Mubadala, who have invested in SoftBank’s $93 billion private equity Vision Fund .