Cathay Life Insurance approves $240m commitment

The Taiwan-based insurance company has backed four private equity funds.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$6.95 trillion

Cathay Life Insurance has agreed to commit $50 million to Coatue Growth V, $60 million to Thomas H. Lee Equity Partners IX, $50 million to Hellman & Friedman Capital Partners X and $80 million to Insight Partners XII.

As illustrated below, the Taiwanese insurer’s recent private equity commitments have focused on diversified sectors in North America, Europe and Asia-Pacific.

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