Fund name: Comvest Credit Partners V
Fund size: $1.3 billion
Fund status: Final close
Date of closing: April 2021
Target size: $1.25 billion
Comvest Credit Partners has held a final close on its fifth flagship fund, Comvest Credit Partners V. The vehicle was launched in August 2019 and exceeded its target of $1.25 billion. The fund will provide unitranche credit and senior secured debt to mid-market companies belonging to a diverse group of industries. Its predecessor raised $836 million.