Cathay Life Insurance invests $30m in KKR’s Asian fund
Cathay Life Insurance has committed $30 million to KKR’s second pan-Asian fund, which has a target of $6 billion. Cathay Financial Holding, the Taiwan insurer’s parent company, announced the investment in a stock exchange filing dated June 11.
It comes two weeks after the Oregon Public Employees Retirement Fund confirmed it had committed $200 million to the vehicle, with Oregon's Common School Fund putting in another $25 million. Prior to these...
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