Cathay Life approves $30m commitment

The Taiwanese life insurer commits to another real estate debt fund to explore North America opportunities.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD6.95trn
Bitesize: $50-100m

Cathay Life Insurance has agreed to commit $30 million to Cerberus Levered Loan Opportunities Fund IV. By committing to this fund, the firm increases its exposure to corporate senior debt in North America.

As illustrated below, the firm also made a commitment to Blackstone’s fourth real estate debt fund in October 2019.

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