Reported 1 day ago
Manulife Financial Corporation is set to acquire Comvest Partners’ private credit business from Affiliated Managers Group for approximately $285 million, with the deal expected to close in Q4 2025. Comvest Partners has expanded its assets under management from $2 billion to $14 billion over a five-year partnership with AMG. The acquisition reflects Manulife's strategic move to enhance its financial services offerings.
Source: YAHOO