Cathay Life Insurance approves $145m in commitments

The Taiwanese insurance company has backed four private equity funds.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD6.95trn

Bitesize: $10-$50m

Cathay Life Insurance has committed $145 million to four private equity vehicles.

The commitments comprise of $60 million to Clearlake Capital Partners VI, $20 million to Pitango Growth Fund II, $50 million to Crown Global Secondaries V, and $15 million to Pitango Venture Capital Fund VIII.

As illustrated below, the Taiwanese insurance company has made three commitments to private equity funds with a 2020 vintage, which combined constitute $85 million.

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