Fubon Life Insurance approves $100m commitment to two LPE PE funds

The Taiwan-based insurance company has backed two of the LPE's PE funds.

Institution: Fubon Life Insurance
Headquarters:
Taipei, Taiwan
AUM:
NT$4.58 trillion ($164 billion; €145 billion)
Allocation to alternatives: 
7.1%

Fubon Life Insurance has agreed to commit $70 million to Green Equity Investors IX and $30 million to Jade Equity Investors II. Both funds are managed by Leonard Green & Partners.

As shown below, the Taiwanese insurer’s recent private equity commitments have focused on venture capital/growth equity and buyout/corporate private equity strategies.

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