Cathay Life Insurance approves $80m Ares commitment

The Taiwan-based insurance company has backed an Europe-focused private debt fund.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$6.49 trillion

Cathay Life Insurance has agreed to commit $80 million to Ares Capital Europe V. The fund is seeking to raise €9 billion.

As illustrated below, the Taiwanese insurer’s recent commitments are to vehicles focused on the real estate and corporate in North America and Europe regions.

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