MIAMI OFFICE WILL HELP STEER $5 BILLION SOFTBANK INNOVATION FUND FOCUSED ON LATIN AMERICA

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    Signaling Miami’s growing role as a hub for Latin America, the world’s largest technology  fund focused on the region will be steered from SoftBank’s offices in Miami, as well as Sao Paulo, Silicon Valley and Tokyo headquarters.

    Softbank Group on Tuesday announced the executive team that will run its $5 billion Softbank Innovation Fund.

    As previously reported, Marcelo Claure, COO of Softbank Group and CEO of SoftBank Group International, will oversee the SoftBank Innovation Fund, its investments and operations, and will lead SoftBank Latin America. Claure’s ties to Miami are huge, of course, as part owner of the new Miami professional soccer team, homeowner and as founder and former CEO of the homegrown Brightstar.