June 2, 2023
by
by Taiwan’s Fubon Life to invest up to $70m in PSG’s sixth growth fund
01 June, 2023
Fubon Life Insurance, the insurance unit of Taiwanese financial conglomerate Fubon Financial Holdings, has committed to invest up to $70 million in the latest flagship fund of PSG, a US private equity firm.
Fubon Financial said in a recent filing this week that its insurance arm will take around 1.1% stake in PSG VI, the sixth growth fund of PSG.
Edited by: Paramita Chatterjee
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Printed by Unregistered user on Fri, 02 Jun 2023 02:58:50 GMT