Cathay Life Insurance approves $50m commitment

The Taiwan-based insurance company has backed Oaktree Capital Management's fourth Opportunities Fund.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$6.21 trillion

Cathay Life Insurance has confirmed an $50 million commitment to Oaktree Opportunities Fund XI. The fund is managed by Oaktree Capital Management and listed a target size of $15 billion.

As illustrated below, Cathay Life’s recent private debt commitments have been made to funds that focus on distressed debt and senior debt strategies across several regions.

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