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Alternative Market Briefing

Comvest closes credit fund at $1.3bn

Friday, April 23, 2021

Laxman Pai, Opalesque Asia:

The middle-market private investment firm Comvest Partners closed direct lending fund Comvest Credit Partners V (CCP V) at more than $1.3 billion. Its target was $1.25 billion.

The fund will be focused on investments in a range of industries including healthcare and technology, said a news release from the West Palm Beach-headquartered firm.

Robert O'Sullivan, the Managing Partner of Comvest Credit Partners, said, "The fundraise exceeded our target, which we believe is a reflection of our investors' confidence in our highly experienced, long-tenured team and the platform's track record of delivering consistently st......................

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