Taiwan-based insurance company Cathay Life Insurance has committed $60 million to Veritas Capital’s ninth flagship buyout fund. This investment highlights Cathay Life’s strategy to diversify its portfolio by investing in international private equity. Veritas Capital, an established private equity firm, focuses on investments in companies operating at the intersection of technology and government, including sectors like healthcare, aerospace, and national security. This commitment from Cathay Life signifies increased confidence in Veritas Capital’s investment strategy and fund performance, further cementing the relationship between Asian institutional investors and American private equity firms.
Private Equity, Insurance, Financial Services,Taiwan, United States
https://www.privateequityinternational.com/cathay-life-approves-60m-commitment-2-2/