John Hancock Comvest Private Income Fund - EvergreenLink

John Hancock Comvest Private Income Fund

John Hancock Comvest Private Income Fund is a Delaware statutory trust and diversified, closed-end management investment company that has elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940, with a continuous public offering of multiple share classes. The Fund seeks to generate current income and capital appreciation by investing primarily in middle-market companies, generally with EBITDA between $10 million and $100 million. Under normal circumstances, at least 80% of total assets are invested in senior private credit, including first-lien senior and unitranche loans, notes, bonds, bridge loans and other corporate debt, with smaller allocations to second-lien, subordinated and opportunistic credit. Comvest Credit Managers, LLC serves as the Fund’s investment adviser.

News and Notices

ManagerComvest Partners

Inception2023

Registration'40 Act

Fund TypeNon-Traded BDC

CurrencyUSD

Repurchase FrequencyQuarterly

Subscription FrequencyDaily

Management Fee1.25%

Fiscal Year EndDecember 31

News and Notices

Portfolio Holdings

Portfolio Composition

Growth

Capital Flows

Tender Offers

Share Classes

Returns

Fees

Ownership

Operating Metrics

Per Page

Notices

Jan 16, 2024

16:28

Marketing Materials, Ownership

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John Hancock Comvest Private Income Fund proposed combining with Manulife Private Credit Fund, indicating about 0.82 Class I shares per Manulife share, with cash for fractional shares, based on June 30, 2026 values.

Sep 16, 2025

00:15

Other

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John Hancock Comvest Private Income Fund’s registration statement became effective on September 15, 2026 at 2:00 p.m., marking regulatory effectiveness under file number 333-296956.

Apr 04, 2025

17:13

Marketing Materials, Ownership, Performance

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John Hancock Comvest Private Income Fund updated its merger proxy/prospectus with June 30, 2026 net asset values of $25.09 per share and $20.47 per Manulife Private Credit Fund share, implying 0.82 Class I shares per Manulife share.

Sep 02, 2024

09:16

Distributions

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John Hancock Comvest Private Income Fund declared an August 2026 Class I common share dividend of $0.1871 per share, representing an 8.96% annualized distribution yield. Shareholders of record August 28 will receive payment on or about September 24 in cash or reinvested shares.

Oct 19, 2025

10:18

Fees, Redemptions

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John Hancock Comvest Private Income Fund launched a tender offer to repurchase up to 951,486 Class I shares, about 5% outstanding, at net asset value; tenders are due September 18, and post-October 1, 2025 shares may face a 2% deduction.

Apr 12, 2024

17:02

Fees, Marketing Materials, Ownership

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John Hancock Comvest Private Income Fund and Manulife Private Credit Fund updated merger materials with August 27, 2026 shareholder meetings, an estimated 0.82 Class I share exchange ratio, and an expected operating expense cap decrease from 1.25% to 0.80%.

Sep 04, 2025

11:04

Distributions

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John Hancock Comvest Private Income Fund declared a $0.1864 July 2026 dividend for Class I common shares, an 8.92% annualized distribution yield. Record holders on July 30, 2026 will receive cash or reinvested shares around August 25, 2026.

Jun 06, 2025

12:28

Distributions

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John Hancock Comvest Private Income Fund declared a $0.1887 per share June 2026 dividend for Class I Common Shares, a 9.00% annualized distribution yield. Payment is due July 24 to June 29 record holders in cash or reinvested shares.

Feb 06, 2025

12:13

Ownership

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Manulife Private Credit Plus Fund disclosed beneficial ownership of 1,672,168 Class I common shares of John Hancock Comvest Private Income Fund, representing 8% of the class. The shares carry sole voting and dispositive power.

Jun 23, 2026

17:13

Redemptions

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John Hancock Comvest Private Income Fund reported final tender offer results: no common shares were validly tendered before the June 18, 2026 expiration, so no shares were accepted for purchase.

Preview

News

Debt

BDCs

North America

Partnerships

Manulife, John Hancock to merge BDCs into $1.3 billion platform

Jun 23, 2026

John Hancock Comvest Private Income Fund will absorb Manulife Private Credit Fund in a NAV-for-NAV transaction.

Who manages John Hancock Comvest Private Income Fund?Comvest Partners is responsible for managing John Hancock Comvest Private Income Fund.

When was John Hancock Comvest Private Income Fund incepted?John Hancock Comvest Private Income Fund launched in 2023.

How is John Hancock Comvest Private Income Fund registered?John Hancock Comvest Private Income Fund is registered as a '40 Act fund.

What type of fund is John Hancock Comvest Private Income Fund?John Hancock Comvest Private Income Fund is structured as a Non-Traded BDC fund.

How can investors access John Hancock Comvest Private Income Fund?You can invest in John Hancock Comvest Private Income Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.

How often can investors buy shares of John Hancock Comvest Private Income Fund?You can invest in John Hancock Comvest Private Income Fund daily, subject to eligibility and fund subscription deadlines.

How often can investors sell shares of John Hancock Comvest Private Income Fund?You can redeem shares of John Hancock Comvest Private Income Fund quarterly, subject to redemption limits and notice requirements.

What currency is John Hancock Comvest Private Income Fund offered in?Shares of John Hancock Comvest Private Income Fund can be purchased in USD.

When does John Hancock Comvest Private Income Fund close its fiscal year?John Hancock Comvest Private Income Fund's fiscal year end is December 31.

How big is John Hancock Comvest Private Income Fund?John Hancock Comvest Private Income Fund's net asset value was $477.5 million and its portfolio had a fair value of $937.9 million as of June 30, 2026.

What types of investments does John Hancock Comvest Private Income Fund make?Among other deal types, John Hancock Comvest Private Income Fund primarily makes Debt Investments.

What strategies does John Hancock Comvest Private Income Fund invest in?Among other asset classes, John Hancock Comvest Private Income Fund primarily invests in Direct Lending.

What geographies does John Hancock Comvest Private Income Fund have exposure to?Among other regions, John Hancock Comvest Private Income Fund primarily invests in the USA.

What management fee does John Hancock Comvest Private Income Fund charge?John Hancock Comvest Private Income Fund charges a 1.25% annual management fee, which is calculated based on NAV.

How much do investors need to invest for their first purchase of shares in John Hancock Comvest Private Income Fund?You can invest in CVEST-I shares with a minimum initial investment of $10,000.

How much are investors able to invest after their first purchase of shares in John Hancock Comvest Private Income Fund?You can invest in CVEST-I shares with a minimum subsequent investment of $500.

What happens if an investor sells shares of John Hancock Comvest Private Income Fund early?You will be subject to paying an early repurchase/redemption fee of 2%.

How has John Hancock Comvest Private Income Fund performed?John Hancock Comvest Private Income Fund's CVEST-I share class generated an annualized 1-month return of 10.31% and 2-year return of 9.48% as of June 30, 2026.

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