Cathay Life approves $50m commitment

The Taiwan-based insurance company has backed a Western Europe and North America focused fund.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: $208.3bn

Cathay Life Insurance has announced a commitment of $50 million to Strategic Partners VIII. The fund, managed by Blackstone Strategic Partners, has a target size of $8 billion.

As illustrated in the charts below, Cathay Life has committed to 18 private equity funds in 2018, totalling $831.5 million. The commitments have been directed towards buyout, venture capital, secondaries and mezzanine funds.

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