Cathay Life Insurance approves $60m commitment

The Taiwanese insurance company has backed a US-focused infrastructure fund.

Institution: Cathay Life Insurance
Headquarters: Taipei, Taiwan
AUM: TWD$7.09trn
Bitesize: $50-100m

Cathay Life Insurance has agreed to commit $60 million to Stonepeak Infrastructure Fund IV. The unlisted equity fund focuses on the energy, transport, utilities and telecoms sectors.

As illustrated below, the Taiwanese insurer has made two commitments to infrastructure funds with a 2019 vintage, which combined constitute $130 million.

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