Subsidiary Fubon Life Insurance (Hong Kong) Acquires Stake in EQT XI (No.1) USD SCSP Fund
Original: 富邦金控代富邦人壽保險(香港)公告取得EQT XI (NO.1) USD SCSP
Summary
Fubon Financial disclosed that its subsidiary Fubon Life Insurance (Hong Kong) has acquired an interest in EQT XI (No.1) USD SCSP, a USD-denominated private equity fund managed by Swedish PE firm EQT. The investment reflects the insurer's overseas alternative asset allocation strategy for yield enhancement. Full body available on MOPS.
Full Translation
Fubon Financial Holding Co., on behalf of its subsidiary Fubon Life Insurance (Hong Kong), announces the acquisition of an interest in EQT XI (No.1) USD SCSP — a USD-denominated special limited partnership fund under EQT's flagship Fund XI private equity vehicle. This disclosure is made pursuant to Taiwan's material information rules covering significant investments by subsidiaries of financial holding companies. [Body not available — subject line only. See MOPS for full announcement.]