Fubon Life Insurance approves $100m commitment

The Taiwan-based insurance company has backed Blackstone's ninth Strategic Partners fund.

Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$4.61 trillion

Fubon Life Insurance has agreed to commit $100 million to Strategic Partners Fund IX, which is managed by Blackstone Strategic Partners.

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

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