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Cathay Life approves $80m commitment

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

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Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: 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.

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