SoftBank Vision Fund Loses Another Executive

George PaulPeople on the Move
Colin Fan

Colin Fan. Image credit: SoftBank Vision Fund

SoftBank Vision Fund's Managing Partner for the Americas and Asia, Colin Fan, is stepping away to become an adviser to SBIA, SoftBank Group’s investment arm, according to a report by Bloomberg.

At the Vision Fund, Fan was an expert on emerging financial technology. He also oversaw the fund’s holdings in Alibaba Local Services, Fair, Flexport, Greensill, and Zume. His responsibilities will in part be taken over by Munish Varma, a managing partner based in London who will relocate to San Francisco.

Before joining SoftBank, Fan was the Head of Global Markets and Co-Head of Corporate Banking and Securities at Deutsche Bank. He also spent time at UBS and worked on the trading floor at Merrill Lynch, which is now a part on Bank of America.

Fan is the second managing partner that the Vision Fund has lost this month as Jeff Housenbold, the managing partner involved in its bets on DoorDash, Opendoor, and Wag, is also on his way out.

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