Cathay Life to offload $1.2b stake in 21 funds to HarbourVest in secondaries deal

Cathay Life to offload $1.2b stake in 21 funds to HarbourVest in secondaries deal

The urban landscape of Taipei, with the Taipei 101 skyscraper in the background.

Cathay Life Insurance, the insurance arm of Taiwanese conglomerate Cathay Financial Holdings, is offloading stakes worth $1.2 billion across 21 private funds to global private markets investor HarbourVest Partners, according to a filing seen by DealStreetAsia.

Edited by: Pramod Mathew

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