Nippon Life Insurance confirms $100m commitment

The Japanese-based insurance company has backed an Asia-Pacific venture capital fund.

Institution: Nippon Life Insurance Company
Headquarters: Osaka, Japan
AUM: ¥1.25 trillion
Allocation to alternatives: 1.3%

Nippon Life Insurance Company has confirmed an $100 million commitment to Life Science Impact Program. The fund is managed by Grove Street Advisors.

As illustrated below, Nippon Life Insurance’s recent private equity commitments have been made to funds that focus on venture capital and buyout strategies across several regions.

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