Taiwan’s Cathay Life commits $57m to Permira’s latest buyout fund

Taiwan’s Cathay Life commits $57m to Permira’s latest buyout fund

Taipei City, Taiwan. Photo by Tom Ritson on Unsplash

Cathay Life Insurance, the insurance subsidiary of Taiwanese conglomerate Cathay Financial Holdings, has committed €50 million ($56.6 million) to the latest buyout fund of global private equity firm Permira.