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Taiwan Life approves $20m commitment

The Taiwanese life insurance company has backed a US private equity fund.

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Institution: Taiwan Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD1716.5bn
Allocation to alternatives: 2.0%
Bitesize: $10m-$50m

Taiwan Life Insurance has committed $20 million to Petershill IV, which is managed by Goldman Sachs Asset Management.

As illustrated below, the company has made six commitments to private equity funds in 2019, which amounts to $200 million.

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