- J.P. Morgan was the placement agent on the transaction
- Carlyle has $373 billion of assets under management as of December 31, 2022
- Based in Palo Alto, California, HGGC invests in the middle market
Lehi, Utah-based PCF Insurance Services, an insurance brokerage firm, has secured $500 million in funding. Carlyle‘s global credit platform and PCF’s existing minority backer HGGC co-led the investment.
