Softbank and Mubardara declined to comment on the matter, the Financial Times reported for the first time early Monday.
Softbank Vision Fund, managed by Softbank Group, raised more than $93 billion from investors, including Abu Dhabi investors, Saudi public investment funds, Apple, Foxconn, Qualcomm, Sharp and Softbank Group.
According to the Financial Times, the European Venture Capital Fund has started operating from a new London office and has made some undisclosed investments.
At the end of 2017, Mubardara announced the establishment of a venture capital unit, allegedly to regulate the early growth fund established with Softbank of Japan. The venture capital team will be based in San Francisco, its first office in the United States.
Mubadala Investment, headquartered in Abu Dhabi, manages a $225 billion portfolio.
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