Latest news with #JasonGelberd
Yahoo
3 days ago
- Business
- Yahoo
Comvest Credit Partners Announces Closing of Fourth Middle-Market CLO at $403 Million
WEST PALM BEACH, Fla., August 12, 2025--(BUSINESS WIRE)--Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, today announced the closing of Comvest Credit 2025-2 CLO, a $403 million collateralized loan obligation (CLO). The transaction represents Comvest Credit Partners' fourth new CLO issuance in the last year and second CLO issuance in 2025. "As we continue to expand our presence and strengthen relationships in the middle-market CLO space, we are grateful for the strong support and confidence investors have shown in our alternative credit platform," said Jason Gelberd, Partner, Chief Operating Officer, and Co-Head of Direct Lending at Comvest Credit Partners. "CLOs remain a key financing solution for our credit portfolios, and we believe the growth of our alternative credit platform is a testament to our long-standing and proven credit investment performance across market cycles." Comvest Credit 2025-2 CLO, rated by Standard & Poor's, is collateralized by a diversified portfolio of senior secured loans originated and managed by Comvest Credit Partners. The CLO features a four-and-a-third-year reinvestment period and a two-year non-call period. Deutsche Bank acted as the Lead Arranger in connection with the transaction. About Comvest Credit PartnersComvest Credit Partners, the direct lending platform of Comvest Partners, focuses on providing flexible financing solutions to middle-market companies. Comvest Credit Partners provides senior secured, unitranche, and second lien capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings, and recapitalizations, with credit facilities up to $300 million-plus. For more information, please visit About Comvest PartnersComvest Partners ("Comvest") is a private investment firm that has provided equity and debt capital to well-positioned middle-market companies throughout North America since 2000. Through its private equity, direct lending and opportunistic credit investment platforms, Comvest offers tailored investment solutions across the capital structure along with deep industry expertise, operating resources, a collaborative approach, and significant transaction experience as an active investor. In 2025, Comvest Partners proudly celebrates 25 years of investment management leadership, and today manages $16.6 billion in assets, with over $19.2 billion invested since inception. Comvest Partners is based in West Palm Beach, with offices in Chicago and New York City. For more information, please visit View source version on Contacts Andrew Goldsmith, Managing Director of Capital Markets, Comvest Credit Partners – Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
3 days ago
- Business
- Business Wire
Comvest Credit Partners Announces Closing of Fourth Middle-Market CLO at $403 Million
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, today announced the closing of Comvest Credit 2025-2 CLO, a $403 million collateralized loan obligation (CLO). The transaction represents Comvest Credit Partners' fourth new CLO issuance in the last year and second CLO issuance in 2025. 'CLOs remain a key financing solution for our credit portfolios, and we believe the growth of our alternative credit platform is a testament to our long-standing and proven credit investment performance across market cycles.' 'As we continue to expand our presence and strengthen relationships in the middle-market CLO space, we are grateful for the strong support and confidence investors have shown in our alternative credit platform,' said Jason Gelberd, Partner, Chief Operating Officer, and Co-Head of Direct Lending at Comvest Credit Partners. 'CLOs remain a key financing solution for our credit portfolios, and we believe the growth of our alternative credit platform is a testament to our long-standing and proven credit investment performance across market cycles.' Comvest Credit 2025-2 CLO, rated by Standard & Poor's, is collateralized by a diversified portfolio of senior secured loans originated and managed by Comvest Credit Partners. The CLO features a four-and-a-third-year reinvestment period and a two-year non-call period. Deutsche Bank acted as the Lead Arranger in connection with the transaction. About Comvest Credit Partners Comvest Credit Partners, the direct lending platform of Comvest Partners, focuses on providing flexible financing solutions to middle-market companies. Comvest Credit Partners provides senior secured, unitranche, and second lien capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings, and recapitalizations, with credit facilities up to $300 million-plus. For more information, please visit About Comvest Partners Comvest Partners ('Comvest') is a private investment firm that has provided equity and debt capital to well-positioned middle-market companies throughout North America since 2000. Through its private equity, direct lending and opportunistic credit investment platforms, Comvest offers tailored investment solutions across the capital structure along with deep industry expertise, operating resources, a collaborative approach, and significant transaction experience as an active investor. In 2025, Comvest Partners proudly celebrates 25 years of investment management leadership, and today manages $16.6 billion in assets, with over $19.2 billion invested since inception. Comvest Partners is based in West Palm Beach, with offices in Chicago and New York City. For more information, please visit
Yahoo
01-05-2025
- Business
- Yahoo
Comvest Credit Partners Announces Close of its Third Middle-Market CLO at $403 Million
WEST PALM BEACH, Fla., May 01, 2025--(BUSINESS WIRE)--Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, today announced the close of Comvest Credit 2025-1 CLO, a $403 million collateralized loan obligation (CLO). Comvest Credit 2025-1 CLO marks the direct lender's third CLO closing in the last 10 months, reflecting its commitment to becoming a programmatic CLO issuer. "We are grateful for the continued support of our investor base in the growth of our alternative credit product line within Comvest's middle-market direct lending strategy," said Jason Gelberd, Partner, Chief Operating Officer and Co-Head of Direct Lending for Comvest Credit Partners. "We believe CLOs are a strategic, efficient and cost-effective financing tool in achieving our fund finance objectives while also serving to diversify our fund financing sources." Comvest Credit 2025-1 CLO is rated by Standard & Poor's and collateralized by a diversified portfolio of senior secured loans, originated and managed by Comvest Credit Partners, with a two-year reinvestment period and a one-year non-call period. Barclays served as the Lead Arranger and Co-Placement Agent. Keybanc Capital Markets acted as the Co-Structuring Agent. About Comvest Credit Partners Comvest Credit Partners, the direct lending platform of Comvest Partners, focuses on providing flexible financing solutions to middle-market companies. Comvest Credit Partners provides senior secured, unitranche, and second lien capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings, and recapitalizations, with credit facilities up to $300 million-plus. For more information, please visit About Comvest Partners Comvest Partners ("Comvest") is a private investment firm that has provided equity and debt capital to well-positioned middle-market companies throughout North America since 2000. Through its private equity, direct lending and opportunistic credit investment platforms, Comvest offers tailored investment solutions across the capital structure along with deep industry expertise, operating resources, a collaborative approach, and significant transaction experience as an active investor. In 2025, Comvest Partners proudly celebrates 25 years of investment management leadership, and today manages $15.7 billion in assets, with over $16.8 billion invested since inception. Comvest Partners is based in West Palm Beach, with offices in Chicago and New York City. For more information, please visit View source version on Contacts Andrew Goldsmith, Managing Director of Capital Markets, Comvest Credit Partners – Sign in to access your portfolio
