Cathay Life approves $50m commitment

The Taiwanese life insurance company has backed Coatue Management's fourth investment vehicle.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD6.83trn
Bitesize: $10-50m

Cathay Life Insurance has committed $50 million to Coatue Growth IV. The fund is focused on late-stage investments in TMT companies globally.

As illustrated below, the Taiwanese investor has made eight private equity commitments to funds with a 2019 vintage, which amounts to $415 million.

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