LP Tearsheet

Cathay Life Insurance approves $50 million commitment

The Taiwan-based insurance company has backed a North American buyout fund.

By
Nelumi Jayasundara
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Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$6.63 trillion

Cathay Life Insurance has approved a $50 million commitment to Clayton, Dubilier & Rice Fund XI, which is managed by Clayton, Dubilier & Rice.

As illustrated below, the Taiwanese insurer’s recent private equity commitments have been made through various investment vehicles across different sectors in North America.

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