Cathay Life Insurance approves $30m commitment

The Taiwanese life insurance company backs another TMT-focused investment vehicle.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD6.83bn
Bitesize: $50-100m

Cathay Life Insurance has agreed to commit $30 million to CMC Capital Partners III. The fund focuses on telecommunications, media and technology across Asia-Pacific.

As illustrated below, Cathay Life Insurance has a strong appetite for a diversified investment portfolio as the committed funds have various strategies across different regions and sectors.

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