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China Life (Taiwan) commits $40m to StepStone Secondary Opportunities Fund V

The Taiwan-based insurance company has backed an private equity secondaries fund.

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Institution: China Life Insurance Company (Taiwan)
Headquarters: Taipei, Taiwan
AUM: NT$2.25 trillion ($71.93 billion; €65.87 billion) 

China Life Insurance Company (Taiwan) has agreed to commit $40 million to StepStone Secondary Opportunities Fund V, a fund managed by StepStone Group.

The Taiwanese insurer’s recent private equity commitments have focused on secondaries strategies in North America.

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