Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD6.42 trn
Allocation to real estate: 8.7%
Cathay Life Insurance has announced a €60 million commitment to Blackstone Real Estate Partners Europe VI. The TWD6.4 trillion Taiwanese life insurer allocates 8.7 percent of its portfolio to private real estate and has made several recent commitments to funds including TPG’s Real Estate Partners III.
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