Cathay Life Insurance makes $60m commitment

The Taiwanese life insurer eyes real estate debt opportunities in North America and Europe.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD6.83bn
Bitesize: $50-100m

Cathay Life Insurance has agreed to commit $60 million to Blackstone’s Real Estate Debt Strategies IV.

Cathay Life is also the investor of Blackstone’s other real estate funds, including Blackstone Real Estate Partners Europe VI and Blackstone Real Estate Partners IX.

As illustrated below, this is Cathay Life’s first commitment to real estate debt funds over recent years.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.