Cathay Life Insurance approves €50m commitment

The Taiwan-based insurance company has backed Permira's eighth fund.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$7.12 trillion

Cathay Life Insurance has agreed to commit €50 million to Permira VIII, which is managed by Permira Advisers.

As shown below, the NT$7.12 trillion ($255 billion; €225 billion) Taiwanese insurer’s recent private equity commitments have focused on venture capital/growth equity and buyout/corporate private equity strategies.

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