Fubon Life Insurance approves $70m commitment

The Taiwan-based insurance company has backed a private equity fund.

Institution: Fubon Life Insurance
Taipei, Taiwan
NT$4.73 trillion ($162 billion; €149 billion)
Allocation to alternatives: 

Fubon Life Insurance has agreed to commit $70 million to Advent International GPE X, which is managed by Advent International.

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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