The COMVEST ADVISORS LLC is a publicly held investment adviser that advises $16.86Bn in regulatory assets under management held in 4 SEC fund types across 4 investment strategies. COMVEST ADVISORS LLC is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 254.99% over the last 5-years.
The Group has been registered with the SEC for 14.35 years and is comprised of 5 filing and 5 relying advisers. They operate out of 3 office locations with their Headquarters at 360 S. ROSEMARY SUITE 1700, WEST PALM BEACH, FLORIDA. The Group has been subject to regulatory enforcement actions. They are regulated by 23 US and Non-US bodies.
They have 173 employees comprised of 147 investment and 26 non-investment staff. The total number of Employees decreased by 1.14% over the last 5-years.
Their $16.86Bn in assets advised are owned by 59 private funds, 2 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $15.09Bn or 89.47% of Total Assets and Business Development Companies (BDC) own $1.78Bn or 10.53% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse, FI/Credit - Lending and Traditional LBO, representing 50.43%, 35.83% and 11.76% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Business Development Companies (BDC).
The Group uses 4 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 4 Custodians and 7 Marketers. It does not report a third-party Fund Administrator in 20 private funds with $4.54Bn in assets.
The Group discloses management fees and performance-based fees.
COMVEST ADVISORS LLC names 1 sub-adviser WAYSTONE MANAGEMENT COMPANY (LUX) S.A. to 5 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.