×

Will Smith, Japanese Soccer Star Keisuke Honda Launch Dreamers Fund

Japanese soccer star, Keisuke Honda and Hollywood’s Will Smith are launching a venture capital fund with a social twist.

The move was announced by Honda’s management firm KSK Group announced in a statement to the Japanese media today.

Called The Dreamers Fund and based in Los Angles, the fund intends to raise $100 million for investments in start-up ventures. The fund will focus on social issues of concern to its two founders, though the statement did not go into specifics. Financial services giant, Nomura Holdings serves as an anchor investor. The company said that the fund would better position it to help “cutting edge” companies.

In a statement Honda said that he hopes “to change the lives of people in the US, Japan and the world for the better through the Dreamers Fund.”

Speaking to the press after the World Cup closing ceremony in Moscow, Smith expressed his admiration for Honda, who has retired from international soccer but came off the bench to score a goal in Japan’s World Cup match with Senegal. “We have a little bit of a relationship,” Smith said. “Keisuke is the truth.”

Smith was last month involved with Marc to acquire the German-Swiss licensing and distribution company, Telepool. As part of the deal, Telepool will become a development, financing, and distribution partner for Smith and Forster’s films.

Smith is one of the most recognizable stars in the world, with a list of credits that includes “Suicide Squad,” “Bright,” and “Bad Boys.”

More Biz

  • Best Books of 2019

    The Best Books of 2019

    Whether you experience stressful days due to your professional position, your demanding family, or simply the barrage of never-ending depressing news, there is often no better way to unwind than with a good book. Letting your imagination wander into a new world unlike your own can be exciting, it can be thought-provoking, but perhaps most [...]

  • Makan Delrahim

    Antitrust Experts Decry DOJ's 'Outrageous' Stance in Writers Guild Case

    Several experts on antitrust law have expressed concern at the stance taken by the Department of Justice in the ongoing legal feud between Hollywood writers and their agents. Three agencies have sued the Writers Guild of America for alleged violations of antitrust law. A key hearing will be held in federal court on Friday, as [...]

  • Bob Bakish Viacom CEO

    Shares of ViacomCBS Dip in First-Day Early Trading

    Shares of the newly combined ViacomCBS were off in early trading, a sign that Wall Street continues to look for new signs of growth after two of the best-known names in entertainment merged to vie with bigger rivals. Shares of the company’s new common stock were off 59 cents, or 1.38%, in late-morning trading on [...]

  • David Cohen (l) Executive Vice President

    Comcast Veteran David Cohen to Step Down

    Longtime Comcast executive David Cohen is stepping down from his operational role overseeing public policy, government relations, diversity and other key corporate functions for the media giant. Comcast said Thursday in a Securities and Exchange Commission filing that Cohen, senior executive VP and chief diversity officer, will step down from his operational responsibilities as of [...]

  • Lamar Jackson 49ers

    49ers Broadcaster Suspended After Lamar Jackson 'Dark Skin' Comments

    The San Francisco 49ers have suspended one of its radio color hosts, Tim Ryan, after he made a comment about Baltimore Ravens quarterback Lamar Jackson, saying that he is skilled at faking handoffs because of his “dark skin color with a dark football.” Ryan made the comments early on on KNBR’s “Murph and Mac” morning [...]

More From Our Brands

Access exclusive content