Fubon Life Insurance proposes $30m in commitments

The Taiwanese insurance company has backed CMC Capital's third venture capital fund.

Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD$4.72trn
Bitesize: $10-50m

Fubon Life Insurance has proposed a commitment of $30 million to CMC Capital Partners III. Capital raised by the fund will be used to invest in TMT sectors in the Asia-Pacific region.

As illustrated in the chart below, Fubon Life Insurance has a multi-regional appetite for opportunities that focus on a range of sectors across Asia-Pacific, Western Europe and North America.

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