Cathay Life Insurance approves €60m commitment

The Taiwan-based insurance company has backed a private equity fund.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$7.25 trillion

Cathay Life Insurance commits €60 million to Advent International GPE X.

As shown below, the NT$7.25 trillion ($248 billion; €231 billion) Taiwanese insurer’s recent private equity commitments have focused on venture capital/growth equity and buyout/corporate private equity strategies.

Cathay Life Insurance’s commitments are focused on funds in healthcare, business services, TMT and financial services sectors.

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