Manulife acquires majority stake in Comvest to form $18.4B private credit platform

2 hours ago 1
  • Manulife Financial (TSX:MFC:CA) to acquire 75% of Comvest Credit Partners for $937.5Mn in upfront cash.
  • Deal creates a $18.4B private credit asset management platform by combining Manulife’s $3.7B senior credit team with Comvest.
  • Comvest manages $14.7B and specializes in non-sponsor and

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