Fubon Life Insurance confirms $50m commitment

The Taiwan-based insurance company has backed a secondaries fund.

Institution: Fubon Life Insurance
Taipei, Taiwan
NT$4.61 trillion ($147.61 billion; €143.82 billion)
Allocation to alternatives: 

Fubon Life Insurance has agreed to commit $50 million to Dover Street XI, which is managed by HarbourVest Partners.

As shown below, the Taiwanese insurer’s recent secondaries commitments have focused on private equity, infrastructure, and venture capital sectors in the North America region.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.