SoftBank Group is working on plans to become a lender in the $1.5 trillion world of private credit.
Senior investors at the Japanese firm have spoken to market participants about directly lending to technology firms and touted the possibility of deploying as much as $1 billion via SoftBank Investment Advisers, according to people with knowledge of the matter.
The discussions are at an early stage and may still change, said the people, who asked not to be identified because they’re not authorized to speak publicly. A spokesperson for SoftBank declined to comment.
