SoftBank Group said Friday that COO Marcelo Claure is leaving the company. Claure, who led the firm’s startup investments in Latin America, left after clashing with CEO Masayoshi Son over his compensation and job responsibilities, according to an earlier report from Bloomberg . The departure follows a string of other high-profile exits at the firm and comes after prolonged conflict between...
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Chinese Investment Giant Hillhouse Capital Seeks to Expand Outside China
Hillhouse Capital Group, the Chinese sprawling investment powerhouse that has drawn comparisons to Tiger Global Management, has a new challenge: growing outside China. The firm is best known for investments in Chinese tech giants such as Tencent, JD.com, Didi Global and TikTok owner ByteDance. But the devastation of China’s private equity and venture capital sectors, caused by...
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