Fubon Life Insurance, the insurance unit of Taiwanese financial conglomerate Fubon Financial Holdings, has committed to invest EUR65 million (about $70 million) in CVC Capital Partners‘s ninth buyout fund.

In a disclosure to the Taiwan Stock Exchange, Fubon Financial said its insurance unit will take around 0.3% stake in CVC Capital Partners IX, the latest buyout fund of European private equity giant CVC Capital Partners.

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