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Cathay Life Insurance approves $50m commitment

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

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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 New Mountain Partners VI which is managed by New Mountain Capital.

As illustrated below, most of the Taiwanese insurer’s recent private equity commitments are through various investment vehicles across different sectors in the North American region.

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