Breaking

SoftBank Taps Ex-Goldman Trader Agne to Head Vision Fund Finance, Tech

July 10, 2026 at 03:40 EDT

Funding & M&A
Infra & Chips

SoftBank has named former Goldman Sachs trader Mark Agne to oversee finance and technology at the Vision Fund, the latest staffing change as founder Masayoshi Son intensifies investment in the technologies underpinning AI services.

SoftBank Vision Fund · Leadership

A Markets Veteran Takes the Reins of Capital Strategy

Former Goldman Sachs trader Mark Agne is named Managing Partner overseeing the Vision Fund's finance and technology — as Masayoshi Son pivots the fund's firepower toward massive AI infrastructure bets.

~$100B

Size of SVF1, one of the world's largest tech funds

~$500B

Stargate AI data-center network the fund is targeting

~20%

Global team cut planned in Sept 2025 to focus on AI

SCALE OF THE AI BET — Stargate target vs. flagship fund (US$ billions)

$100B

SVF1 fund size

$500B

Stargate target (~5×)

THE NEW APPOINTMENT

WHO

Mark Agne

Managing Partner, Capital Strategies — leading Vision Fund finance & capital-markets strategy (EMEA). CFA charterholder; joined SBIA around 2019.

FROM

Goldman Sachs

Head of Japan securities and co-head of APAC equity trading — a capital-markets and trading specialist.

Why It Matters

The skill of raising capital to fund massive AI bets may determine the fund's fortunes — putting a markets professional in a pivotal post.

→ Concentrate resources on large AI deals like the OpenAI partnership

→ Bridge finance strategy into the AI technology domain

→ Follows moves such as selling Nvidia shares to fund AI investment

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