Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
Cathay Life Insurance has agreed to commit $50 million to Dover Street X. Of the investors that have committed to the fund so far, the majority are US pension funds.
The fund, managed by HarbourVest Partners, has a target of $6.5 billion and will target secondaries opportunities in sectors across North America.
As illustrated below, Cathay Life Insurance has a strong appetite for secondaries investments in North America and Europe.
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