CTBC Financial Unit Pledges Up to $20 Million to Advent Private Equity Fund
CTBC Financial (TPE:2891) unit Taiwan Life Insurance committed up to $20 million to invest in Advent Mid-Market Private Equity-A SCSp, according to a Wednesday Taiwan Exchange filing.The private equity fund is managed by Advent Mid-Market Private Equity GP.Taiwan Life said the investment will be funded using its insurance funds.