Taiwan's Fubon Life commits $35m to Korean KREDO's solar-focused fund

Taiwan's Fubon Life commits $35m to Korean KREDO's solar-focused fund

Photo: Pradeep Gaur/Mint

Fubon Life Insurance, the insurance unit of Taiwanese financial conglomerate Fubon Financial Holdings, has committed to invest 40 billion won ($35 million) in the latest solar asset-focused fund of Korean asset management firm KREDO Holdings, previously known as IGIS Private Equity.