Cathay Life Insurance approves $20m commitment

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

Institution: Cathay Life Insurance
Headquarters: Taipei Taiwan
AUM: TWD$7.09trn
Bitesize: $50-100m

Cathay Life Insurance has committed $20 million to Cornell Capital Partners II. The private equity vehicle is managed by Cornell Capital, and will continue its predecessor’s strategy in targeting a diversified portfolio in North America.

As illustrated below, Cathay Life Insurance’s recent fund commitments have focused on buyout, corporate private equity, and venture capital opportunities in several regions throughout the world.

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