Subsidiary Fubon Life Insurance Acquires Interest in Accel London 9 L.P.
Original: 富邦金控代子公司富邦人壽公告取得Accel London 9 L.P.
Summary
Fubon Financial's subsidiary Fubon Life Insurance has announced the acquisition of a limited partnership interest in Accel London 9 L.P., a venture capital fund managed by Accel Partners, a leading global technology-focused VC firm. The investment reflects Fubon Life's ongoing strategy of allocating a portion of its insurance float to alternative assets — including overseas private equity and VC funds — to seek higher long-term returns in a low-yield environment. Full body available on MOPS.
Full Translation
Fubon Financial Holdings (富邦金控), acting on behalf of its subsidiary Fubon Life Insurance (富邦人壽), announces the acquisition of an interest in Accel London 9 L.P. — Accel London 9 L.P. is a limited partnership vehicle of Accel Partners, one of the world's preeminent technology venture capital firms, historically active across European and global growth-stage technology investments. Under Taiwan's Insurance Act and FSC regulations, life insurers are required to publicly disclose overseas investment acquisitions that exceed prescribed materiality thresholds; this filing indicates the investment meets that threshold. The precise commitment amount, closing date, and fund terms are contained in the full announcement body. [Body not available — subject line only. See MOPS for full announcement.]