Comvest Credit Partners BDC Fund, L.P.

Quarterly report

	For the Three Months Ended September 30,		For the Nine Months Ended September 30,
	2024		2024
Income:
Investment income from non-controlled, non-affiliated investments:
Interest income	$	2,974	$	5,045
Fee income		70		118
Total Investment Income		3,044		5,163
Expenses:
Management fees		265		511
Incentive fees		151		239
Administrative expenses		54		103
Interest expense		687		687
Professional fees		287		2,167
Trustees’ fees		52		146
Organizational and offering expenses		346		627
Other general expenses		195		377
Total Expenses		2,037		4,857
Less: Fee waivers (Note 4)		—		(237)
Less: Expense reimbursement (Note 4)		(592)		(2,770)
Net expenses		1,445		1,850
Net Investment Income (Loss)		1,599		3,313

Realized and unrealized gains (losses) on investments and foreign currency transactions
Net realized gains (losses):
Non-controlled, non-affiliated investments		—		7
Total net realized gains (losses)		—		7
Net change in unrealized gains (losses):
Non-controlled, non-affiliated investments		410		473
Net change in deferred tax liability		(6)		(15)
Total net change in unrealized gains (losses)		404		458
Total realized and unrealized gains (losses)		404		465
Net Increase (Decrease) in Net Assets Resulting from Operations	$	2,003	$	3,778

Per Common Share Data:
Basic and diluted net investment income/(loss) per common share	$	0.48	$	1.52
Basic and diluted net increase/(decrease) in net assets resulting from operations per common share	$	0.60	$	1.73
Weighted Average Common Shares Outstanding - Basic and Diluted		3,362,681		2,180,293

	For the Three Months Ended June 30, 2024		For the Six Months Ended June 30, 2024
Income:
Investment income from non-controlled, non-affiliated investments:
Interest income	$	1,337	$	2,071
Fee income		34		48
Total Investment Income		1,371		2,119
Expenses:
Management fees		158		246
Incentive fees		7		88
Administrative expenses		32		49
Professional fees		1,257		1,880
Trustees’ fees		53		94
Organizational and offering expenses		171		281
Other general expenses		98		182
Total Expenses		1,776		2,820
Less: Fee waivers (Note 4)		(51)		(237)
Less: Expense reimbursement (Note 4)		(1,423)		(2,178)
Net expenses		302		405
Net Investment Income (Loss)		1,069		1,714
Realized and unrealized gains (losses) on investments and foreign currency transactions
Net realized gains (losses):
Non-controlled, non-affiliated investments		7		7
Total net realized gains (losses)		7		7
Net change in unrealized gains (losses):
Non-controlled, non-affiliated investments		168		63
Net change in deferred tax liability		(9)		(9)
Total net change in unrealized gains (losses)		159		54
Total realized and unrealized gains (losses)		166		61
Net Increase (Decrease) in Net Assets Resulting from Operations	$	1,235	$	1,775
Per Common Share Data:
Basic and diluted net investment income/(loss) per common share	$	0.53	$	1.08
Basic and diluted net increase/(decrease) in net assets resulting from operations per common share	$	0.61	$	1.12
Weighted Average Common Shares Outstanding—Basic and Diluted		2,036,017		1,582,603

	For the Three Months Ended June 30, 2024		For the Six Months Ended June 30, 2024
Management fees	$	158	$	246
Incentive fees		7		88
Administrative expenses		32		49
Professional fees		1,257		1,880
Trustees’ fees		53		94
Organizational and offering expenses		171		281
Other general expenses		98		182
Fee waivers		(51)		(237)
Expense reimbursement		(1,423)		(2,178)
Net expenses	$	302	$	405

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