Taiwan-based Cathay Life commits $146m to Blackstone, EQT funds

Cathay Life Insurance, a Taiwan-based life insurance subsidiary of conglomerate Cathay Financial Holdings, has committed a total of $146.2 million to two investment vehicles managed by Blackstone and EQT, according to filings with the Taiwan Stock Exchange (TWSE) last week.

Cathay Life Insurance, one of the largest life insurance companies in Taiwan, has made a capital commitment of 80 million euros ($96.2 million) to EQT Infrastructure V, the fifth infrastructure fund launched by Swedish buyout group EQT.

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