About This Fund
Comvest Credit Partners VII (CCP VII) is the seventh flagship direct lending fund managed by Manulife | Comvest Credit Partners, formerly Comvest Credit Partners, a West Palm Beach, Florida-based private credit platform. CCP VII closed at $2.63 billion in April 2026, exceeding its $2.5 billion target, and is part of a broader platform that manages approximately $18.4 billion in AUM following Manulife's November 2025 acquisition of a 75% stake in the business from Comvest Partners. The fund continues the direct lending strategy established across six predecessor funds, with CCP VI having closed at $2 billion in July 2023. Parallel fund vehicles for CCP VII include a levered master feeder structured as a Luxembourg SCSp SICAV-RAIF.
CCP VII deploys first lien, unitranche, split lien, and revolving credit facilities to middle-market companies primarily in North America. The fund targets companies with EBITDA of $5 million or greater and can hold up to $300 million or more per transaction. The portfolio spans a diversified set of industries including healthcare services, financial services and specialty finance, business and technology services, consumer and retail, and industrials. The firm supports both private equity-sponsored and non-sponsored borrowers, serving as a flexible non-bank lender capable of executing change-of-control buyouts, add-on acquisitions, refinancings, dividend recapitalizations, and growth capital transactions.
Comvest Credit Partners has deployed capital across more than 400 transactions since its founding and maintains a conservative, underwriting-led approach to credit selection. The Manulife acquisition, completed November 3, 2025, significantly expands the platform's institutional distribution capabilities across Manulife's global network. Comvest Credit Partners VII leverages Comvest's established direct origination network and the broader Comvest Private Equity deal flow for co-investment opportunities.