Cathay Life Insurance approves $80m commitment

The Taiwan-based insurance company has backed Clearlake Capital's seventh fund.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$7.10 trillion

Cathay Life Insurance has agreed to commit $80 million to Clearlake Capital Partners VII, which is managed by Clearlake Capital Group.

As shown below, the Taiwanese insurer’s recent private equity commitments have focused on venture capital/growth equity, buyout/corporate private equity and secondaries strategies.

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