PCF Insurance raises $500m led by Carlyle, HGGC at a $4.7b valuation

PCF Insurance raises $500m led by Carlyle, HGGC at a $4.7b valuation

Photo by 金 运 on Unsplash

Insurance brokerage firm PCF Insurance said on Friday it had secured a $500 million investment at a valuation of $4.7 billion in a fundraising led by private equity firms Carlyle Global Credit and minority shareholder HGGC.