Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$4.17 trillion
Fubon Life Insurance has agreed to commit $65 million each to Hillhouse Fund V and Hillhouse Focused Growth Fund V. Both funds are managed by Hillhouse Capital Group and will invest in buyout or growth strategies in North America, Asia-Pacific and Western Europe.
As illustrated below, the Taiwanese insurer’s recent private equity commitments have focused on buyouts, venture capital/growth equity and secondaries strategies.