Comvest Credit announces leadership reshuffle
Comvest Credit Partners has appointed a new chief executive along with a series of leadership changes at the US-based direct lending platform.
Robert O’Sullivan has been named chief executive, taking over from Michael Falk, who has assumed the role of executive chairman.
O’Sullivan and Falk founded Comvest Credit Partners in 2006 when they worked together at Comvest Partners. O’Sullivan was most recently managing partner at Comvest Credit Partners and will continue to oversee the management of the firm.
“I am excited about the opportunity to continue to partner with Michael and my exceptional colleagues in Comvest Credit Partners’ next phase of growth,” O’Sullivan said.
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“With its long term performance record, strong support from our limited partners, and outstanding and committed investment team, Comvest Credit Partners remains uniquely positioned as a premier source of flexible debt financing solutions for midsize North American companies.”
Comvest Credit also announced the appointment of Jason Gelberd as chief operating officer, and Greg Reynolds as chief investment officer, effective immediately. Gelberd and Reynolds will continue serve as co-heads of direct lending at the firm.
Gelberd joined Comvest in 2013, while Reynolds has been with the firm since 2010. In their new roles they will oversee and grow Comvest’s direct lending and special opportunities strategies.
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The company added that as executive chairman, Falk will continue to serve on all investment and operating committees and manage key relationships in addition to focusing on strategic and new growth opportunities for the firm.
“We are fortunate to have an outstanding direct lending executive leadership team, and I am proud to announce the formalization of the strategic roles Robert, Jason and Greg have been fulfilling for quite some time,” said Falk.
“They are all insightful and results-driven leaders whose extensive investment management experience, vision and contributions have been instrumental to Comvest Credit Partners’ growth and success.”
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