Institution: Fubon Life Insurance (Hong Kong)
Headquarters: Hong Kong
AUM: $180.9 billion
Fubon Life Insurance (Hong Kong) announced $40 million in infrastructure commitments via its commitments notice published in December.
The insurance company committed $20 million to Strategic Partners Infrastructure IV managed by Blackstone Strategic Partners. The fund targets $4 billion, with its most recent close on $1.8 billion in December 2023, and focuses on secondaries opportunities in North America, specifically within the power and transmission, renewables, transport and utilities sectors.
The second commitment of $20 million was to Brookfield Super-Core Infrastructure Fund managed by Brookfield Asset Management. The fund reached its $10.5 billion target on its last close in November. The fund focuses on core real estate opportunities in North America, Europe and Asia-Pacific, specifically within the power and transmission, renewables, transport and utilities sectors.
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