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Fubon Life Insurance approves €65m commitment

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

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Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$4.59 trillion ($148.9 billion; €137.1 billion) 

Fubon Life Insurance has agreed to commit €65 million to CVC Capital Partners IX, which is managed by CVC Capital Partners.

The Taiwanese insurer’s recent private equity commitments have focused on the buyout, venture capital and secondaries strategies in the North America, Europe and Asia-Pacific regions.

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