Cathay Life Insurance confirms $100m commitment

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

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: NT$6.95 trillion

Cathay Life Insurance has approved a commitment of $100 million to Strategic Partners GP Solutions. The fund is managed by Blackstone Strategic Partners and capital raised by the secondaries vehicle will be invested in diversified sectors across North America and Western Europe.

As illustrated below, the Taiwanese insurer’s recent private equity commitments have been through various PE vehicles across diversified sectors in North America, Europe and Asia-Pacific.

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