Lydia Jett became the second woman partner at SoftBank Group Corp.'s $100 billion Vision Fund, Bloomberg News reported.
Jett joined the company four years ago to lead and manage global investments in consumer internet and e-commerce companies.
She also serves on the boards of Indonesian online marketplace PT. Tokopedia and South Korean online marketplace Coupang Corp. and on the board of Indian e-commerce giant Flipkart before it was acquired by Walmart Inc. in 2018.
The news outlet noted that SoftBank Investment Advisers CEO Rajeev Misra had stated in 2018 that he was leading an effort to add more women to the company, including as managing partners. Citing nonprofit advocacy group All Raise, the March 21 report added that roughly three-quarters of venture capital firms in the U.S. do not have any female partners.