Fubon Life Insurance makes $70m commitment

The Taiwanese life insurer backs Advent International's latest flagship buyout vehicle.

Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: $246.2bn
Bitesize: $10m-50m

Fubon Life Insurance has approved a $70 million equity commitment to Advent International GPE IX, a buyout fund that aims to raise a total of $16 billion capital.

In addition to Advent’s ninth fund, the Taiwanese life insurer previously committed $100 million to its predecessor vehicle, Advent International GPE VIII.

As illustrated below, Fubon Life has committed to multiple private equity funds to target buyout opportunities across diversified sectors and regions.

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