Taiwan Life Insurance Approved to Invest in LS Power Fund VI Feeder 2, L.P.
Original: 代台灣人壽公告核准投資 LS Power Fund VI Feeder 2, L.P.
Summary
CTBC Financial is disclosing, on behalf of its life-insurance subsidiary Taiwan Life Insurance, that regulatory approval has been granted for an investment in LS Power Fund VI Feeder 2, L.P., a feeder-fund vehicle tied to LS Power's sixth flagship private infrastructure/power fund domiciled in the United States. The investment reflects Taiwan Life's ongoing allocation to overseas alternative assets, a strategy common among Taiwanese insurers seeking yield above domestic bond rates. Full terms — including committed capital, fund vintage, and investment account classification — are available in the body filing on MOPS.
Full Translation
Subject-line translation: 'Announcing on behalf of Taiwan Life Insurance — Approval Granted for Investment in LS Power Fund VI Feeder 2, L.P.' Interpretive context: The filing is submitted by CTBC Financial Holding Co. (2891) as the listed parent, acting as the disclosure agent for its unlisted subsidiary Taiwan Life Insurance Co. (台灣人壽). The phrase 核准投資 ('approved investment') indicates that the relevant regulatory or internal-governance approval milestone has been reached — likely FSC (Financial Supervisory Commission) foreign-investment quota approval and/or board sign-off — permitting Taiwan Life to commit capital to this fund. LS Power Fund VI is associated with LS Power Group, a US private-equity and infrastructure manager focused on power generation, transmission, and energy transition assets; the 'Feeder 2' designation indicates this is a parallel feeder vehicle into the master fund, typically used to accommodate investors with specific regulatory, tax, or currency requirements. [Body not available — subject line only. See MOPS for full announcement.]