Comvest Credit score publicizes management reshuffle

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Comvest Credit score Companions has appointed a brand new chief govt together with a sequence of management adjustments on the US-based direct lending platform.

Robert O’Sullivan has been named chief govt, taking up from Michael Falk, who has assumed the function of govt chairman.

O’Sullivan and Falk based Comvest Credit score Companions in 2006 after they labored collectively at Comvest Companions. O’Sullivan was most just lately managing accomplice at Comvest Credit score Companions and can proceed to supervise the administration of the agency.

“I’m excited in regards to the alternative to proceed to accomplice with Michael and my distinctive colleagues in Comvest Credit score Companions’ subsequent part of progress,” O’Sullivan mentioned.

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“With its long run efficiency file, sturdy assist from our restricted companions, and excellent and dedicated funding crew, Comvest Credit score Companions stays uniquely positioned as a premier supply of versatile debt financing options for midsize North American corporations.”

Comvest Credit score additionally introduced the appointment of Jason Gelberd as chief working officer, and Greg Reynolds as chief funding officer, efficient instantly. Gelberd and Reynolds will proceed function co-heads of direct lending on the agency.

Gelberd joined Comvest in 2013, whereas Reynolds has been with the agency since 2010. Of their new roles they are going to oversee and develop Comvest’s direct lending and particular alternatives methods.

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The corporate added that as govt chairman, Falk will proceed to serve on all funding and working committees and handle key relationships along with specializing in strategic and new progress alternatives for the agency.

“We’re lucky to have an impressive direct lending govt management crew, and I’m proud to announce the formalization of the strategic roles Robert, Jason and Greg have been fulfilling for fairly a while,” mentioned Falk.

“They’re all insightful and results-driven leaders whose in depth funding administration expertise, imaginative and prescient and contributions have been instrumental to Comvest Credit score Companions’ progress and success.”

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