CTBC Financial Holding (Ticker: 2891) disclosed on April 21, 2026, that its subsidiary Taiwan Life Insurance Co., Ltd. has authorized an investment in West Street Asia Equity Partners I (NCH) Offshore LP, a private equity fund. The transaction amount is set to not exceed USD 30,000,000. This investment is part of Taiwan Life's regular utilization of insurance funds as permitted under the Insurance Act. The estimated holding percentage is approximately 1.50%. The decision followed internal approval procedures and compliance with legal requirements for insurance capital investment. CTBC Financial confirmed that no related parties were involved in this transaction.
FACT BOX
- Source: PR Times
- Category: Partnership
- Organizations: West Street Asia Equity Partners I Advisors, LLC