Charles Asfour joined Comvest Partners, an operationally-focused middle-market private investment firm, as a partner. Asfour will assume a key leadership role within the Comvest special opportunities investment platform, where he serves on the strategy’s investment committee and is responsible for originating, structuring and managing special opportunities investments. He is based in Comvest’s Chicago office.
Asfour joins Comvest with more than 15 years of experience originating, executing and managing special situation-oriented structured capital investments. Prior to joining Comvest, Asfour founded Aves Capital Management, a Chicago-based manager of special situation oriented structured capital investments and funds. Before founding Aves, Asfour spent nearly a decade at Victory Park Capital Advisors, where he was a partner, an investment committee member and most recently led the firm’s special opportunities strategy and team. Prior to Victory Park, Asfour held several other positions within the private equity and investment banking industries, including with Code Hennessy & Simmons and JPMorgan Securities.
“We are very excited to welcome Charlie to Comvest,” Greg Reynolds, partner and co-head of direct lending of Comvest Credit Partners, said. “Charlie brings a proven track record and deep experience executing and managing special opportunities investments in high-quality middle-market companies in the industry sectors Comvest targets. With his skill set, knowledge, and industry relationships, he is a great complement to our Comvest special opportunities team as we continue to expand our reach providing flexible capital solutions to companies with unique operational or growth needs.”
“I am thrilled to embark on my partnership with Comvest,” Asfour said. “I am very impressed by Comvest’s breadth of operational resources and decades-long success structuring complex, non-control transactions. I also share the firm’s approach of utilizing creativity to deliver targeted and highly flexible financing solutions to middle-market companies. I look forward to leveraging my skill set and expertise to help Comvest further capitalize on an attractive and growing special situations market opportunity.”
