West Palm Beach, FL.-based Comvest Partners closed its third direct lending fund at $450m above its $350m original target.
LPs in Comvest Capital III included public pension funds, insurance companies, family offices, and multiple U.S. and European global private equity investors. CVC III is also arranging a fund-level line of credit of up to $150m that will give it up to $600m of available credit.
Comvest is a private investment firm that provides flexible capital solutions to middle-market companies with a focus on healthcare, technology, transportation, financial services, media and manufacturing industries.
It has $2.1 billion of assets under management.
FinSMEs
03/06/2015