Fubon Life Hong Kong approves $20m commitment

The Hong Kong-based subsidiary of the Taiwanese insurer has backed a real estate fund.

Institution: Fubon Life Insurance (Hong Kong)
Headquarters: Hong Kong
AUM: HKD$9.45 billion

Fubon Life Insurance (Hong Kong) has agreed to commit $20 million to Rialto Real Estate Fund IV – Debt. The fund is managed by Rialto Capital Management.

As illustrated below, this is the first time for the Hong Kong based insurer to invest in a real estate fund.

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