Taiwan's Fubon Life Insurance commits $65m to Coatue's growth fund

Taiwan's Fubon Life Insurance commits $65m to Coatue's growth fund

Taipei City, Taiwan. Photo: Thomas Tucker/Unsplash

Fubon Life Insurance, the insurance unit of Taiwanese financial conglomerate Fubon Financial Holdings, has committed to invest $65 million in the latest growth fund of technology-focused private equity firm Coatue Management.