Fubon Life Insurance approves $65m commitment

The Taiwan-based insurance company has backed ICG's latest Strategic Equity Fund.

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

Fubon Life Insurance has agreed to commit $65 million to ICG Strategic Equity IV. The fund is managed by Intermediate Capital Group.

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

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