Cathay Life Insurance confirms $300m in commitments

The Taiwanese insurer has increased commitments to two private equity secondaries vehicles.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$6.95 trillion

Cathay Life Insurance has committed a further $300 million across two private equity secondaries vehicles, according to a filing from the insurer.

The commitments comprised of an additional $100 million to Lexington Capital Partners IX, bringing the Taiwanese insurer’s total commitment to the fund to $250 million, and a further $200 million to Strategic Partners Fund VIII, bringing the total commitment to the fund to $250 million.

As illustrated below, the Taiwanese insurer’s recent private equity commitments have been to secondaries and venture capital vehicles across diversified sectors in North America and Western Europe.

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