Manulife Financial to acquire a 75% stake in Comvest Credit Partners from AMG for $938m.

Manulife Financial, a company specializing in insurance and asset management, agreed to acquire a 75% stake in Comvest Credit Partners, a direct lending private credit manager, from AMG, a global asset management company, for $938m. “After building Comvest over the past two decades, it was important to find a partner who shares our values and vision for the future. Manulife distinguished itself through their long-term investment mindset, deep credit expertise, and cultural fit with our team. I couldn’t be more excited about the opportunity this partnership creates for our investors, our employees, and the next generation of leadership at Comvest,” Michael Falk, Comvest Founder.