Fubon Life Insurance makes $40m commitment

Taiwanese life insurer made the second commitment to private debt funds within a month.

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

Fubon Life Insurance announced a $40 million commitment to CVC Credit Partners’ Global Special Situation Feeder Fund II.

CVC’s latest special situation fund, launched in October 2018, invests in illiquid, stressed and distressed opportunities in both Europe and the US.

As shown below, the Taiwanese life insurer has backed different private credit investment funds, all targeted to raise at least $1 billion of capital.

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