Cathay Life Insurance approves $50m commitment

The Taiwanese insurer has backed a North American credit fund.

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Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: $187.3bn
Bitesize: $50-100m

Cathay Life Insurance has committed $50 million to OHA Credit Solutions Fund. The credit fund targets $1 billion and will invest in diversified sectors in North America.

As illustrated below, this is Cathay Life’s first commitment to private debt funds with a 2019 vintage.

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