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Fubon Life approves $30m commitment

The Taiwanese insurer has backed Clearlake's sixth distressed private equity fund.

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Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD$4.72trn
Bitesize: $10-50m

Fubon Life Insurance has approved a $30 million commitment to Clearlake Capital Partners VI, as announced by the insurance company in March 2020.

As illustrated below, Fubon Life has made 15 commitments to private equity funds with a 2019 and 2020 vintage, which combined constitute $550 million.

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