Neuberger Berman Group receives commitment from Cathay Life Insurance

The Taiwan-based insurance company has backed Neuberger Berman Group's fifth fund of firms vehicle.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$6.63 trillion

Cathay Life Insurance has confirmed a $100 million commitment to Dyal Capital Partners V which is managed by Neuberger Berman Group.

Most of the Taiwanese insurer’s recent secondaries commitments focus on fund of firms and secondaries, in various regions.

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