Cathay Life Insurance approves $90m commitment

The Taiwan-based insurance company has backed two North American private equity funds.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: $187.3bn
Bitesize: $50-100m

Cathay Life Insurance has committed $40 million to H.I.G. Middle Market LBO Fund III and $50 million to OHA Credit Solutions Fund.

As illustrated below, the company has made seven commitments to private equity funds with a 2019 vintage, which combined constitute $400 million.

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