Key Takeaways AMG will sell its Comvest private credit stake to Manulife for nearly $285M in an all-cash deal.The divestiture follows Comvest's AUM growth from$2B to $14B during AMG's five-year partnership.AMG will retain the carry interest in certain funds and its stake in Comvest's private equity business.Affiliated Managers Group, Inc. (AMG) has agreed to offload its interest in Comvest Partners’ (“Comvest”) private credit business to Manulife Financial Corporation. The all-cash transaction, valued at n ...