SoftBank said the co-CEO of Vision Fund, Rajeev Misra, will soon step down from his leadership roles at the firm's flagship technology investment Rajeev Misra is to step down from his leadership roles at SoftBank's flagship technology investment vehicles.

SoftBank’s Vision Fund division reported significant gains of 608.5 billion yen ($3.96 billion) in its fiscal second quarter, as the Japanese conglomerate experienced a sharp rise in returns on its tech investments following a shift to profitability in June.

Misra's exit marks the end of his formal role at SoftBank, although he will continue to be involved in the investment world through his own fund, One Investment Management.