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LGT receives $30m commitment from China Life (Taiwan)

The Taiwan-based insurance company has backed LGT's fifth secondaries fund in the Crown Global series.

Institution: China Life Insurance Company (Taiwan)
Headquarters: Taipei, Taiwan
AUM: TWD$2.00trn

Bitesize: $10-50m

China Life Insurance Company (Taiwan) has agreed to commit $30 million to Crown Global Secondaries V.

As illustrated below, the Taiwanese insurer has made three secondaries fund commitments with a 2019 or2020 vintage, which combined constitute $70 million.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.