Weekly investors roundup: CIC reshuffles PE, infra; Cathay Life increases PE
China Investment Corporation is merging a unit overseeing billions of dollars in private equity and infrastructure investments into its main operations; Australian superannuation plan targeting women has shut down after three years; Taiwan's Cathay Life commits to PE fund vehicle; Chinese state-backed firms take over Sino-Korea Life; and more.
TOP NEWS OF THE WEEK
Cathay Life Insurance has agreed to commit $50 million to Silver Lake Partners VII and $30 million to Platinum Equity Capital Partners VI.
Recent data showed that the Taiwanese life insurer’s recent private equity commitments have focused on the buyout strategy.
Source: Private Equity International
China’s sovereign wealth fund is merging a unit overseeing billions of dollars in private equity and infrastructure investments into its main operations, acc…
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