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Fubon Life Insurance makes $40m commitment to StepStone Group

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

Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$4.73 trillion ($162 billion; €144 billion)

Fubon Life Insurance has confirmed a $40 million commitment to StepStone Secondary Opportunities Fund V, which is managed by StepStone Group.

As shown in the table below, Fubon Life Insurance is focused on the infrastructure and private equity sectors, mainly in North America.

 

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