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Cathay Life Insurance commits $50m to Blackstone Capital Partners IX

The Taiwan-based insurance company has backed a private equity fund.

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Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$7.21 trillion ($242 billion; €237 billion) 

Cathay Life Insurance is committing $50 million to Blackstone Capital Partners IX.

As shown below, the Taiwanese insurer’s recent private equity commitments have focused on a buyout strategy.

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