Marcelo Claure: SoftBank Executive to Make Waves Next Week

SoftBank's Expanding Investments in Latin America

SoftBank has demonstrated significant investment activity within Latin America. The Japanese investment firm recently announced the launch of its second fund specifically targeting the region, backed by a $3 billion commitment from the company itself. Further capital raises are being explored to potentially increase the fund’s size.

Initial Fund and Investment Performance

This new vehicle builds upon the success of SoftBank’s first Latin America-focused fund, which was established in March 2019 with an initial $2 billion in committed capital. The firm’s investment strategy in the region has proven highly successful.

Team and Portfolio Growth

Under the leadership of Marcelo Claure, CEO of SoftBank Group International and COO of SoftBank Group Corp., a team of approximately four dozen employees—based in Miami, São Paulo, and Mexico City—have been instrumental in identifying and funding promising startups. To date, SoftBank has invested $3.5 billion in 48 startups, achieving a reported net IRR of 85% (on paper).

Notable Portfolio Companies

Several companies within SoftBank’s portfolio have achieved unicorn status, or a valuation exceeding $1 billion. These include QuintoAndar, Rappi, Mercado Bitcoin, Gympass, and MadeiraMadeira. Recently, the firm also participated in a $350 million Series D funding round for Ualá, an Argentine personal finance application.

Expansion of the Investment Team

To manage the increasing volume of investment opportunities, two new managing partners were added to the team at the end of the previous week.

Marcelo Claure's Multifaceted Role

Despite overseeing Latin American investments, Marcelo Claure holds numerous responsibilities within SoftBank. He manages a diverse portfolio of operating companies, including Arm, Brightstar, Fortress, SB Energy, and Boston Dynamics. He also oversees SoftBank’s stake in T-Mobile US and serves as executive chairman of WeWork.

Upcoming Disrupt Conference Appearance

However, it is apparent that his current focus is heavily directed towards Latin America. Mr. Claure will be speaking at Disrupt on the morning of September 23rd, providing insights into SoftBank’s investment strategy in the region.

Why Attend the Discussion

This discussion is crucial for anyone interested in understanding SoftBank’s investment priorities in Latin America and the factors driving the rapid growth of venture capital in the region over the past 18 months.

Disrupt Conference Lineup

Mr. Claure is one of many prominent speakers scheduled to appear at Disrupt, alongside Canva CEO Melanie Perkins, actor-entrepreneur Ryan Reynolds, and Coinbase CEO Brian Armstrong.

Tickets for the event are currently available for under $100, with prices increasing in the coming days. Secure your ticket now to participate.