ABL Life co-invests in Everbright’s infra fund with 13% return
Jihyun Kim
Feb 03, 2022 (Gmt+09:00)
Boreal public bus in Norway (Courtesy of Boreal Holdings AS)
Korea’s ABL Life Insurance Co. has participated in Everbright Overseas Infrastructure Investment Fund LP, a $460 million fund managed by Hong Kong-listed China Everbright Ltd. Two Everbright affiliates injected a combined $400 million, while ABL and China Life Insurance Company Ltd. invested $31 million and $30 million, respectively, sources familiar with the matter told The Korea Economic Daily.