Fubon Life Insurance approves $49m commitment

The Taiwan-based insurance company has backed Insight Partners' latest venture capital fund.

Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$4.52 trillion

Fubon Life Insurance has agreed to commit $48.75 million to Insight Partners XII. The fund is managed by Insight Partners and will invest in venture capital firms in North America, Asia-Pacific and Western Europe.

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

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