Fubon Life Insurance approves $120m commitment

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

Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$4.58 trillion

Fubon Life Insurance has agreed to commit $60 million each to Thoma Bravo XV and Thoma Bravo Discover Fund IV. Both funds are managed by Thoma Bravo.

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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