Rajeev Misra seeks GCC backing in new fund:Former SoftBank CEO Rajeev Misra is looking to boost the size of his One Investment Management fund to more than USD 10 bn through more Gulf investments, including from Saudi Arabia, after raising some USD 6.8 bn from investors including Mubadala and Sheikh Tahnoon bin Zayed Al Nahyan’s Royal Group, he told Bloomberg in an interview.

More foreign press coverage of the Telegraph bid: The Telegraph has a lengthy feature on ties between former UK Prime Minister David Cameron and the UAE, amid reports that International Media Investments-backed Redbird IMI is open to establishing a UK-based holding company for the Telegraph and its sister publication to secure the contested USD 600 mn takeover.

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