Comvest Advisors is a registered investment advisor that manages private investment funds, primarily lending strategy funds. Comvest identifies and evaluates investment opportunities, negotiates terms, manages investments, and achieves dispositions. Comvest's senior professionals serve on portfolio company boards to influence management. Comvest is controlled by John Hancock Life Insurance Company (U.S.A.) and ultimately by Manulife Financial Corporation.
Fee Structure
Comvest Advisors manages private investment funds and receives a management fee for providing advisory services. The management fee is calculated based on investment cost, undrawn commitments, and guarantees, not tied to the fund's current net asset value. The management fee is typically reduced by fees paid by portfolio companies to Comvest. Investors also bear fund expenses. Comvest also provides advisory services to certain clients with separately managed accounts and sub-advisory services.