Cathay Life approves $80m commitment

The Taiwan-based insurance company has backed a private equity fund.

Institution: Cathay Life Insurance
Taipei, Taiwan
NT$7.10 trillion ($231.62 billion; €221.29 billion) 

Cathay Life Insurance has agreed to commit $80 million to Hellman & Friedman Capital Partners XI.

The Taiwanese insurer’s recent private equity commitments have focused on the buyout and venture capital strategies in North America and Asia-Pacific regions.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.