Manulife | Comvest Credit Partners closes record $5.4bn private credit fundraise
Manulife | Comvest Credit Partners has completed the largest fundraising in its history, securing $5.4bn of investable capital for its latest North American direct lending strategy and related investment vehicles.
Manulife's Comvest Credit Partners has successfully closed a record $5.4bn private credit fundraise, marking the largest capital raise in the firm's history. The funds were raised for Comvest Credit Partners VII (CCP VII), the latest vintage of the company's middle-market private credit strategy, along with related transaction vehicles.
The fund aims to invest in both sponsor-backed and non-sponsored middle-market companies through direct lending, cash flow loans, and asset-based financing. Manulife | Comvest Credit Partners emphasizes bespoke structuring and relationship-driven origination to generate attractive risk-adjusted returns, focusing on complex and differentiated lending opportunities rather than competing in a broadly syndicated loan market.
The platform is already substantially deployed, reflecting a strong pipeline of investment opportunities and the firm's ability to source and execute transactions while maintaining underwriting discipline.
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