Marcelo Claure and Paul Judge bought SoftBank's diversity fund. Now they're trying to raise $200 million for it.

• Former SoftBank exec Marcelo Claure and entrepreneur Paul Judge are raising a new $200 million fund.
• The two bought SoftBank's diversity fund last year after incubating it at the Japanese company. 
• They plan to continue with the fund's core thesis: invest in Black and Latinx startup founders.

Former SoftBank executive Marcelo Claure and serial entrepreneur and investor Paul Judge are in the throes of raising a new $200 million fund.