PCF Insurance secures $500mn preferred equity investment
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PCF Insurance secures $500mn preferred equity investment

Farhin Lilywala
February 17, 2023
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PCF Insurance has received a $500mn preferred equity investment, co-led by Carlyle's Global Credit platform and private equity firm HGGC, an existing minority investor.

JP Morgan served as sole placement agent for the transaction. At the time of investment, PCF’s valuation was $4.7bn.

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Farhin Lilywala
Section Editor, Distribution & Specialty
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