Manulife | Comvest Credit Partners, the private credit platform of Manulife Wealth & Asset Management, closed Comvest Credit 2026-1 CLO, a $428 million private credit collateralized loan obligation (CLO).
The transaction is the private credit platform’s sixth CLO since launching its CLO strategy in 2024 and brings total middle market CLO assets under management to $2.7 billion. The issuance further expands the strategy’s diversified global investor base across the United States, Europe, the United Kingdom and Asia.
“CLOs are a key part of our financing capabilities, enabling us to efficiently fund our growing private credit platform while diversifying our capital base,” Andrew Goldsmith, managing director of capital markets at Manulife | Comvest Credit Partners, said. “This approach strengthens our ability to provide flexible, scalable credit capital to middle market borrowers while supporting our goal to deliver consistent performance for our investors across market cycles. We’re grateful for the continued support of our investors, whose confidence in our portfolio quality and disciplined approach has been instrumental to the growth of our CLO strategy in a challenging market environment as we expand into new geographic regions.”
The notes, rated AAA through A by Standard & Poor’s1, are backed by a diversified portfolio of senior secured loans originated and managed by Manulife | Comvest Credit Partners. The transaction was priced on May 11, 2026, and closed on June 8, 2026. The CLO features an approximately four-year reinvestment period and a two-year non-call period.
Deutsche Bank acted as lead arranger in connection with the transaction.
