FundVintage 2025Updated Jul 5, 2026
M

Manulife | Comvest Credit Partners South Cove 2025-3 CLO

South Cove 2025-3 CLO — USD 377M middle market CLO by Manulife | Comvest Credit Partners. Senior secured loans, North America focus, closed November 2025.

About This Fund

South Cove 2025-3 CLO is a USD 377 million middle market collateralized loan obligation managed by Manulife | Comvest Credit Partners, a private credit platform formed through Manulife Investment Management's 75% acquisition of Comvest Credit Partners in November 2025. The fund represents the platform's fifth CLO since its 2024 debut and third new issuance in 2025, contributing to over USD 2.3 billion in cumulative middle market CLO assets under management. The CLO is collateralized by a diversified portfolio of senior secured loans originated and managed directly by Manulife | Comvest Credit Partners, targeting sponsored and non-sponsored middle market companies across North America. The platform provides flexible financing solutions — including senior secured, unitranche, and second lien facilities of up to USD 300 million-plus — to support growth, acquisitions, buyouts, refinancings, and recapitalizations. The fund features a three-year-plus reinvestment period and a one-year non-call period, rated by S&P Global Ratings, with Scotiabank as lead arranger. Manulife | Comvest Credit Partners manages USD 19.5 billion in AUM with a combined 30+ years of investment experience and approximately 625 investments completed since inception, having been recognized as Specialty Finance Lender of the Year by Private Debt Investor.

Fundraising Details

Currency
USD
Final Close Date
Nov 21, 2025

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