PE association presses NDC to steer pension money into local funds and back emerging managers

At an Oct. 13 roundtable with NDC Deputy Minister Chan Fang-kuan, the Taiwan Private Equity Association asked for pass-through taxation to extend to buyout and growth funds, a small pilot allocation from the labor pension fund to domestic PE, and a Japan-style emerging manager list. Chan said the National Development Fund may now invest in PE funds directly, and that excess savings top NT$25 trillion.