m_and_a
confidence high
sentiment positive
materiality 0.80
Manulife to acquire 75% of Comvest Credit; combined platform has $18.4B AUM
John Hancock Comvest Private Income Fund
- Manulife buys 75% controlling stake in Comvest's private credit business; Comvest retains day-to-day ops and investment decisions.
- Comvest platform AUM $14.7B; Manulife contributes $3.7B from its Senior Credit team; combined AUM reaches $18.4B.
- Deal expected to close Q4 2025, subject to customary conditions and approvals.
- AMG exits minority credit stake at close but keeps its interest in Comvest Partners' private equity business.
- No changes to Comvest leadership or investment process; co-branded as Manulife | Comvest.
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