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SoftBank backs Steven Mnuchin s $2 5 bln private equity fund - FT

SoftBank Group will invest in a $2.5 billion private equity fund set up by former U.S. Treasury secretary Steven Mnuchin, the Japanese conglomerate said on Wednesday without disclosing the size of the investment.

EdTech platform Emeritus raises $650 mln from SoftBank, Accel, others

Emeritus, an EdTech platform used by some of the world’s top universities and other educational institutions for online courses, said on Thursday it raised $650 million in a funding round led by SoftBank Group Corp’s (9984.T) Vision Fund 2 and Silicon Valley venture capital firm Accel.

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