Dennis Chang, photo courtesy of LinkedIn
Dennis Chang has moved to the role of managing partner and head of Asia investing at SoftBank Investment Advisers, which controls Japanese technology conglomerate SoftBank’s CVC fund, the SoftBank Vision Fund.
Chang, who is based in Hong Kong, joined SoftBank Investment Advisers in October 2019 as a partner in its China division. He became a managing partner of the division in 2021 and then was made head of China investing in 2023. His role as head of Asia investing covers the region except for Japan and India.
Before joining SoftBank Investment Advisers, Chang started at the Hong Kong branch of the US multinational investment bank Goldman Sachs in 2005, working in mergers and acquisitions. He moved to join the Asian special situations group in 2008, which invests on behalf of Goldman Sachs in the region, becoming its managing director in 2016.
SoftBank Investment Advisers was launched in 2017 and runs two funds called the Vision Funds. The funds target technology startups and can invest up to $1bn in a single deal. They represent the largest technology-focused VC funds in the world.
SoftBank Vision Fund II’s Asian portfolio companies include bKash, a Bangladeshi fintech platform for users to access financial services, and Emeritus, a Singaporean edtech company that provides business and professional education courses.