Rajeev Misra, a former debt trading executive at Deutsche Bank and UBS who joined Fortress Investment Group earlier this year, is leaving for Softbank Corp., according to three people briefed on the move.
Mr. Misra hasn’t left Fortress yet, according to the people, who asked not to be identified because the move hasn’t been made public. Bloomberg reported in April that he was set to join Fortress in May as a senior managing director in its credit operations.
Softbank, the Japanese company that paid $22 billion for control of Sprint Corp. last year, has invested in more than 1,300 technology companies and agreed earlier this month to invest $250 million for a minority stake in Legendary Entertainment.
Mr. Misra didn’t immediately reply to a request for comment. A spokesman for Fortress said he couldn’t immediately comment and a spokesman for Tokyo-based Softbank declined to comment.