Fubon Life Insurance approves $65m commitment

The Taiwan-based insurance company has backed Dragoneer's sixth opportunities fund.

Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$4.61 trillion

Fubon Life Insurance has agreed to commit $65 million to Dragoneer Opportunities Fund VI. The fund is managed by Dragoneer Investment Group.

As shown below, the Taiwanese insurer’s recent private equity commitments have focused on venture capital/growth equity and distressed/turnaround strategies.