China Life Insurance (Taiwan) makes $30m commitment

Taiwanese life insurer commits to a fund to explore opportunities within the technology industry.

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

China Life Insurance Company (Taiwan) has approved a $30 million commitment to Veritas Capital’s seventh technology-focused fund, Veritas Capital Fund VII.

The Taiwanese insurer has joined other investors in committing to this fund, including Ohio Police & Fire Pension Fund.

As illustrated below, the insurer has an appetite for a range of sectors and strategies. The Taiwanese life insurer has committed to five funds with a 2019 vintage, which combined constitute $80.2 million.

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