Comvest Partners Fund III raises $450 mln
Comvest Partners said Wednesday that its third direct lending fund closed at $450 million, above its $350 million 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. The firm said that CVC III is also arranging a fund-level line of credit of up to $150 million that will give it up to $600 million of available credit. Comvest, of West Palm Beach, Florida, provides financing solutions for middle-market companies.
3 June 2015•2 mins read
