Fubon Life approves $20m commitment

The Taiwanese life insurance company has backed KPS Capital's fifth special situation fund.

Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD$4.62trn
Bitesize: $10-$50m

Fubon Life Insurance has approved a commitment of $20 million to KPS Special Situation Fund V, a fund investing in distressed companies in North America, Western Europe and Asia-Pacific.

As illustrated below, the Taiwanese insurer has made ten private equity commitments to funds with a 2019 vintage, amounting to $389 million in total.

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