Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD6.83bn
Bitesize: $50-100m
Cathay Life Insurance has agreed to commit $60 million to Blackstone’s Real Estate Debt Strategies IV.
Cathay Life has invested in other Blackstone real estate funds, including Blackstone Real Estate Partners Europe VI and Blackstone Real Estate Partners IX.
As illustrated below, this is Cathay Life’s first commitment to real estate debt funds over recent years.
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