PCF Insurance Services Secures $500 Million Preferred Equity Investment Co-Led By Carlyle Global Credit And HGGC
February 18, 2023
February 18, 2023
LEHI, Utah, Feb. 18 -- Carlyle Group issued the following news release on Feb. 17, 2023:
PCF Insurance Services ("PCF"), a top 20 U.S. insurance brokerage firm, today announced that it has secured a $500 million preferred equity investment in a transaction co-led by Carlyle's Global Credit platform and private equity firm HGGC, an existing minority investor. PCF Insurance, led by Founder, Chairman and CEO Peter C. Foy and Chief Financial Officer and Chief Operating Officer . . .
PCF Insurance Services ("PCF"), a top 20 U.S. insurance brokerage firm, today announced that it has secured a $500 million preferred equity investment in a transaction co-led by Carlyle's Global Credit platform and private equity firm HGGC, an existing minority investor. PCF Insurance, led by Founder, Chairman and CEO Peter C. Foy and Chief Financial Officer and Chief Operating Officer . . .