Cathay Life Insurance approves $50m commitment

The Taiwan-based insurance company has backed KKR's fourth buyout PE fund.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD$6.21trn
Bitesize: $50-100m

Cathay Life Insurance has agreed to commit $50 million to KKR Asian Fund IV. The private equity vehicle is managed by KKR and will target the consumer goods, manufacturing, technology, media and telecommunications sectors across Asia-Pacific.

As illustrated below, Cathay Life Insurance’s recent private equity commitments have focused on buyouts and secondaries funds.

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