Comvest gets off to a cracking start with two CLOs in three months
After making its debut in July Comvest has already returned to the market to price a second private credit CLO   

Comvest reshuffles credit leadership as Falk steps back
Michael Falk, Comvest Credit Partners' co-founder and chief executive officer, has now assumed the role of executive chairman

Comvest prices debut MM CLO
Comvest Capital Advisory Services priced its first CLO last week, a new middle market issue hit the market with an unusual 1Y/1Y timetable

Comvest aims to become the first debut US manager of the year
Comvest Capital Advisory Services is in the market with its debut CLO: Comvest Credit 2024-1 CLO, a middle-market deal. The deal will make Comvest the first new US CLO manager of 2024. 

Texas pension system commits USD 100m to direct lending
The Texas County & District Retirement System recently allocated USD 100m to a direct lending fund at its 1 April meeting

Vermont pension system commits USD 125m to private credit
The Vermont Pension Investment Commission recently approved two separate allocations to private credit, totaling USD 125m

Comvest hires Goldman Sachs exec for direct lending origination role
Comvest Partners has hired David Gibson as a managing director on the firm's direct lending investment platform Comvest Credit Partners

Comvest Partners adds new head of investor relations from BlackRock
The newest addition to the firm's senior-level team has been tasked with managing investor relations across direct lending, private equity and special opportunities investment strategies

Comvest raises $2 billion for new private credit fund
Comvest Partners has announced that Comvest Credit Partners, its direct lending platform, has completed the final close of its latest flagship fund, Comvest Credit Partners VI.

LP round up: two managers terminated as 20 win $2.5 billion
US institutional investors allocated over $2.5 billion to 20 credit managers in October, according to documents seen by Creditflux. Two credit fund managers however were terminated in the month

LP round up: $2.7bn flows to 20 credit managers as investors battle PE overallocation
Investors faced huge headwinds in September with inflation, rising interest rates, and geopolitical turmoil, alongside the UK gilts sell-off at month end

LP round up: 28 credit managers win $6.6 billion as San Diego carves private credit allocation
Pensions allocated over $6.6 billion to credit managers in June including Angelo Gordon, Antares, Apollo, Ares, Beach Point, BioPharma, Brookfield, CarVal, Cerberus...

LP round up: Oak Hill wins $300 million for strategic credit and Arcmont eyes fund four
US investors allocated nearly $1.5 billion to credit funds in May, with managers to win mandates including: 400, Accel-KKR, Advent, Arcmont, ArrowMark, Comvest, Edelweiss, Francsico, Oak Hill, Sixth Street and Sprott

LP round up: Oak Hill wins $3bn mandate as credit allocations near $10bn in March
Institutional investors revealed over $9.5 billion of allocations to credit funds in March. Oak Hill Advisors walked away with the largest mandate, as US heavyweight pension Calpers allocated a whopping $3 billion across several of its funds

LP round up: $3.2 billion flows to 21 managers as private credit illiquidity premium holds firm
Investors allocated at least $3.2 billion to credit managers in April - and direct lending funds were in favour with Churchill and Ares being awarded two mandates

Comvest amasses $1.3 billion for fifth direct lending fund
Comvest says it has provided financing to more than 35 portfolio companies

New Hampshire pension invests $50 million in US direct lending
​New Hampshire Retirement System has allocated $50 million to a US direct lending manage with which it has a relationship, having committed $40 million and $50 million to predecessor funds

Mid-market lender Comvest sells minority stake to Affiliated Managers

Comvest Partners has sold a minority equity stake to Affiliated Managers Group. Terms of the transactions were not disclosed.  

Arizona pension to deploy up to $700 million a year in private credit
Arizona Public Safety Employee System is looking to deploy $600-700 million in private credit strategies per year in order to meet its target allocation, according to board documents seen by Creditflux.

Comvest raises $836 million for leveraged direct lending fund
Following its rebrand in November, middle-market lender Comvest Credit Partners has exceeded the $650 million target size for it fourth direct lending fund