China Life Insurance (Taiwan) approves €18m commitment

The Taiwanese life insurer has backed a mega-sized private equity investment fund.

Institution: China Life Insurance Company (Taiwan)
Headquarters: Taipei, Taiwan
AUM: TWD1.71trn
Bitesize: $10m-$50m

China Life Insurance Company (Taiwan) announced an €18 million ($20.21 million) commitment to Permira VII.

The Taiwanese insurer joins US investors such as Pennsylvania State Employees’ Retirement System and Minnesota State Board of Investment in investing across a variety of businesses in financial services, consumer goods, healthcare and other sectors.

As illustrated below, the insurer has appetite for a range of sectors and strategies. China Life insurance Company (Taiwan) has committed to four funds with a 2019 vintage, which combined constitute $80.2 million.

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