Comvest and Manulife to Form Private Credit Platform
Comvest Credit Partners, a leading middle market direct lending private credit manager with $14.7 billion of assets under management on its platform, announced today that it has signed a definitive agreement with Manulife, through its Global Wealth and Asset Management segment, to sell a 75% stake in its private credit business. As part of the agreement, Manulife’s existing Senior Credit team managing $3.7 billion AUM will align with the Comvest team to create a stand-alone...