Rajeev Misra is a London-based banker and executive.[1] He was the CEO of SoftBank Investment Advisers.[2]
Early life and education
Misra was born on 18 January 1962 in Balasore, Odisha, India.[3] He attended Delhi Public School at Mathura Road, Delhi, India; studied Chemical Engineering at IIT Delhi;[1] and the University 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 the Massachusetts 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 of Kaust.[5]
Career
Misra was Board Director of Softbank 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 from Merrill Lynch to Deutsche Bank to UBS. At Deutsche Bank, he oversaw a team of credit traders whose bet against the U.S. subprime mortgage market was chronicled in The 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-based TCI Fund for several months.[7][8] He joined UBS in 2009, and in May 2014 he was a senior managing partner of Fortress Investment Group, until he joined Softbank in November 2014.[2]
The Wall Street Journal detailed Misra's alleged attempts to undermine his internal rivals at Softbank, including planting stories, filing shareholder complaints, and using a "honey trap".[9][10]
In July 2022, he stepped back from his executive roles at SoftBank 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]
References
- ^ a b "SoftBank nominates Rajeev Misra, its $100-billion Vision Fund CEO, to board". The Economic Times. 27 May 2017. Retrieved 15 January 2018.
- ^ a b "Biography: Rajeev Misra". Softbank. Retrieved 17 February 2020.
- ^ "Biography: Rajeev Misra - Board of Directors - Company Info - About Us". SoftBank Group. 18 January 1962. Retrieved 15 January 2018.
- ^ Krishnamachari, S V (27 May 2017). "India-born Rajeev Misra joins Japan's SoftBank board". International Business Times, India Edition. Retrieved 15 January 2018.
- ^ a b "Global Conference 2017 - Speaker: Rajeev Misra". Rajeev Misra » Milken Institute. 30 April 2017. Retrieved 15 January 2018.
- ^ 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. Retrieved 4 November 2019.
- ^ "UPDATE 1-Rajeev Misra to leave Deutsche Bank". Reuters. 7 June 2008. Retrieved 17 February 2020.
- ^ "Breaking news: UBS makes big hire in credit". Euromoney. 21 May 2009. Retrieved 17 February 2020.
- ^ "SoftBank's Rajeev Misra Used Campaign of Sabotage to Hobble Internal Rivals". Wall Street Journal. 26 February 2020.
- ^ Clarkson, Colin (2 March 2020). "CEO at Softbank lands in hot water with multiple serious accusations". The American Genius. Retrieved 3 March 2020.
- ^ 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.
- ^ Brown, Eliot (7 July 2022). "Rajeev Misra to Step Back From Top Executive Role at SoftBank". The Wall Street Journal.
Sources
- David Enrich, Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction, Custom House (2020) ISBN 978-0062878816 - The story of Deutsche Bank and Rajeev's role in it.[1]