Cathay Life Insurance confirms $60m commitment

The Taiwanese insurer has backed Genstar Capital's 10th buyout fund.

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

Cathay Life Insurance has approved a $60 million commitment to Genstar Capital Partners X. The fund, which is managed Genstar Capital, is targeting $8 billion in LP commitments.

As illustrated below, most of the Taiwanese insurer’s recent private equity commitments have been made through investment vehicles across different sectors in North America.

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