Private company

Commonwealth Credit Partners BDC I, Inc.

Corporation registered in the United States, active since 20212

In its 2026 annual report the company says: “Commonwealth Credit Partners BDC I, Inc. is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company (a “BDC”) under the Investment Company Act of 1940, as amended, and has elected to be treated for U.S. federal income tax purposes and intends to qualify annually as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended.”4 It is headquartered in Wilmington, United States.2

Last updated Oct 20, 2026.

Overview

  • HeadquartersWilmington, United States2
  • Incorporated inDE3
  • Business addressC/O Comvest Capital Advisors, Llc, 360 S. Rosemary, Suite 1700, West Palm Beach, Fl 334013
  • Filer categoryNon-accelerated filer, Emerging growth company3
  • Legal formCorporation2
  • LEI549300JB6BWY756X1L922
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 47561062

See how the biggest companies compare on our leaderboards

Commonwealth Credit Partners BDC I, Inc. (“we,” “us,” “our,” or the “Company”) is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company (a “BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”), and has elected to be treated for U.S. federal income tax purposes and intends to qualify annually as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company was formed on January 15, 2021 (Inception Date) as a Delaware corporation. The Company commenced investment operations on August 17, 2021.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income567$30.0M in 2025+4384% since 2021
0$20.0M$40.0M$60.0M2021: $669.0K$669.0K20212022: $9.4M$9.4M2022+1307%2023: $47.1M$47.1M2023+401%2024: $45.9M$45.9M2024−3%2025: $30.0M$30.0M2025−35%
Fiscal year202120222023202420252026
Operating expenses$1.6M5$7.0M6$15.1M7$18.0M7$17.4M7
Interest$208.0K5$2.9M5$5.7M5
Net income$669.0K5$9.4M6$47.1M7$45.9M7$30.0M7
Earnings per share$19.705$46.226$97.707$80.947$50.447
Earnings per share (diluted)$19.705$46.226$97.707$80.947$50.447
Shares (weighted, basic)34.0K shares7203.7K shares7482.6K shares7566.6K shares7594.8K shares7
Shares (weighted, diluted)34.0K shares5203.7K shares6482.6K shares7566.6K shares7594.8K shares7

Compare Commonwealth Credit Partners BDC I, Inc. with another company

Corporate structure

Commonwealth Credit Partners BDC I, Inc. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Commonwealth Credit Partners BDC I, Inc.

  • UAW Retiree Medical Benefits Trust Filed SCHEDULE 13D/A on Commonwealth Credit Partners BDC I, Inc., latest Jul 23, 2026 (21 filings since Dec 23, 2021)
  • Commonwealth Credit Partners BDC I, Inc. Wilmington, Delaware, United States
    • CCP BDC I HC SPV, LLC Subsidiary · West Palm Beach, Florida, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Commonwealth Credit Partners BDC I, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$5.3M6 Dec 31, 2024$8.9M6 Dec 31, 2023−40.0%

Properties, in its own words

We maintain our principal executive office at 360 S Rosemary Avenue, Suite 1700, West Palm Beach, FL, 33401. We do not own any real estate. We believe that our present facilities are adequate to meet our current needs. If new or additional space is required, we believe that adequate facilities are available at competitive prices in the same area.

Item 2 of the 10-K filed Mar 12, 2026.4

Leadership

Who has led Commonwealth Credit Partners BDC I, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Robert O'Sullivan2021

Chief financial officer

  1. Cecilio M. Rodriguez2021
2025
Board members and other officers (8)

Timeline

  1. Nov 7, 20258-K Entered a material agreement; Ended a material agreement; Other events20
  2. Sep 25, 20258-K Shareholder vote21
  3. Aug 11, 20258-K Other events22
  4. Aug 4, 20258-K Unregistered sale of shares23
  5. May 30, 20258-K Shareholder vote24
  6. Apr 12, 20248-K Executive or director change25
  7. Jul 5, 20238-K Entered a material agreement; Shareholder vote26
  8. Jun 26, 20238-K Unregistered sale of shares27
  9. Mar 1, 20238-K Unregistered sale of shares28
  10. Dec 21, 20228-K Unregistered sale of shares29
  11. Oct 21, 20228-K Unregistered sale of shares30
  12. Aug 11, 20228-K Unregistered sale of shares31
  13. Jun 30, 2021New chief executive Robert O'Sullivan becomes CEO11
  14. Jan 15, 2021Founded Commonwealth Credit Partners BDC I, Inc. is founded2

Filings

81 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 16 major events, 11 insider forms, 21 large holders, 13 other. The latest 20:

  1. Aug 11, 202610-Q EDGAR
  2. Jul 23, 20264 OWNERSHIP DOCUMENT EDGAR
  3. Jul 23, 2026SCHEDULE 13D/A EDGAR
  4. Jul 7, 2026SCHEDULE 13D/A EDGAR
  5. May 12, 202610-Q EDGAR
  6. Mar 12, 202610-K EDGAR
  7. Nov 12, 202510-Q EDGAR
  8. Nov 7, 20258-K EDGAR
  9. Oct 2, 202540-17G EDGAR
  10. Sep 25, 20258-K EDGAR
  11. Sep 5, 2025DEF 14A EDGAR
  12. Aug 27, 2025PRE 14A EDGAR
  13. Aug 13, 202510-Q EDGAR
  14. Aug 11, 20258-K EDGAR
  15. Aug 4, 20258-K EDGAR
  16. Jul 10, 20254 OWNERSHIP DOCUMENT EDGAR
  17. Jul 10, 2025SCHEDULE 13D/A EDGAR
  18. Jul 2, 2025SCHEDULE 13D/A EDGAR
  19. Jun 3, 202540-APP/A EDGAR
  20. May 30, 20258-K EDGAR

The 81 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

9 open-market trades by officers, directors and large owners since October 2021: 9 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 21, 2026UAW Ford Retirees Medical Benefits Plan10% ownerBuy11,287$877.09$9.9MForm 4
Jul 8, 2025UAW Ford Retirees Medical Benefits Plan10% ownerBuy32,069$926.13$29.7MForm 4
Jun 21, 2023UAW Chrysler Retirees Medical Benefits Plan10% ownerBuy30,489$974.12$29.7MForm 4
Feb 24, 2023UAW GM RETIREES MEDICAL BENEFITS PLAN10% ownerBuy86,273$975.39$84.1MForm 4
Dec 20, 2022UAW Ford Retireees Medical Benefits Plan10% ownerBuy99,500$994.97$99.0MForm 4
Oct 19, 2022UAW Chrysler Retireees Medical Benefits Plan10% ownerBuy29,850$994.97$29.7MForm 4
Aug 11, 2022UAW GM RETIREES MEDICAL BENEFITS PLAN10% ownerBuy24,811$997.52$24.7MForm 4
May 6, 2022UAW Ford Retireees Medical Benefits Plan10% ownerBuy59,293$1,001.80$59.4MForm 4
Dec 23, 2021UAW Ford Retireees Medical Benefits Plan10% ownerBuy89,713$993.16$89.1MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Commonwealth Credit Partners BDC I, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCommonwealth Credit Partners BDC I, Inc.1
  • CIK0001841514
  • Employer ID (EIN)86-33354664
  • Filer statusNon-accelerated filer an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Business addressC/O Comvest Capital Advisors, Llc, 360 S. Rosemary, Suite 1700, West Palm Beach, FL 334011
  • Phone561.727.21001
  • Shares outstanding627,129 as of Aug 11, 20269
  • Public float$0 as of Dec 31, 20257
  • AuditorErnst & Young LLP, Miami, Florida PCAOB ID 42; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceJan 26, 20211
  • Filings106 in all: SC 13D/A (18), 8-K (17), 10-Q (15), 3 (13), 4 (10), 40-APP/A (6), 10-K (5), 40-17G (5)1
    All 20 form types

    SCHEDULE 13D/A (4), 40-APP (2), CORRESP (2), 10-12G (1), 10-12G/A (1), 3/A (1), DEF 14A (1), N-54A (1), N-6F (1), PRE 14A (1), SC 13D (1), UPLOAD (1)

  • Latest filingsAnnual report (10-K) Mar 12, 2026
    Quarterly report (10-Q) Aug 11, 2026
    Proxy statement (DEF 14A) Sep 5, 2025
    Latest 8-K (8-K) Nov 7, 2025

Risk factors and legal proceedings

The risks Commonwealth Credit Partners BDC I, Inc. names in Item 1A of its 10-K filed Mar 12, 2026: 57 risks under these headings, as written.4

  • RISKS RELATING TO OUR BUSINESS AND STRUCTURE
  • We have a limited operating history.
  • Global economic, political and market conditions, including downgrades of the U.S. credit rating and ongoing geopolitical conflicts, may adversely affect our business, results of operations and financial condition, including our revenue growth and profitability.
  • The outcome of the U.S. presidential, congressional and other elections creates significant uncertainty with respect to the legal, tax and regulatory regime in which we and our portfolio companies will operate.
  • Changes to U.S. tariff and import/export regulations may have a negative effect on our portfolio companies.
  • A renewed disruption in the capital markets and the credit markets could adversely affect our business.
  • There is uncertainty as to the value of our portfolio investments because most of our investments are, and may continue to be, in private companies and recorded at fair value. In addition, the fair values of our investments are determined by our Investment Adviser, subject to oversight by our Board, in accordance with our valuation policy.
  • Our ability to achieve our investment objective depends on key investment personnel of Comvest and the Investment Adviser. If Comvest and the Investment Adviser were to lose any of their key investment personnel, our ability to achieve our investment objective could be significantly harmed.
  • We do not expect to replicate the historical performance of other entities managed or supported by Comvest.
  • We operate in a highly competitive market for investment opportunities and may not be able to compete effectively.
  • Our business, results of operations and financial condition depend on our ability to manage future growth effectively.
  • We may borrow money, which could magnify the potential for gain or loss on amounts invested in us and increase the risk of investing in us.
The other 46 risks
  • If we are unable to comply with the covenants or restrictions in our borrowings, our business could be materially adversely affected.
  • We may need to raise additional capital to grow.
  • We are exposed to risks associated with changes in interest rates.
  • We are subject to risks associated with artificial intelligence and machine learning technology.
  • We, our wholly-owned direct subsidiaries and the Investment Adviser may maintain cash balances at financial institutions that exceed federally insured limits and may otherwise be materially affected by adverse developments affecting the financial services industry, such as actual events or concerns involving liquidity, defaults or non-performance by financial institutions or transactional counterparties.
  • RISKS RELATING TO OUR OPERATIONS
  • Because we intend to distribute substantially all of our income to our stockholders to maintain our status as a RIC, we will continue to need additional capital to finance our growth. If additional funds are unavailable or not available on favorable terms, our ability to grow may be impaired.
  • Our ability to enter into transactions with our affiliates is restricted.
  • The Investment Adviser has significant potential conflicts of interest with us and, consequently, your interests as stockholders which could adversely impact our investment returns.
  • Conflicts of interest may exist related to other arrangements with the Investment Adviser or its affiliates.
  • The Investment Adviser’s liability is limited under the Investment Advisory Agreement, and we have agreed to indemnify the Investment Adviser against certain liabilities, which may lead the Investment Adviser to act in a riskier manner than it would when acting for its own account.
  • The Investment Adviser can resign upon 60 days’ notice, and a suitable replacement may not be found within that time, resulting in disruptions in our operations that could adversely affect our business, results of operations and financial condition.
  • If we fail to maintain our status as a BDC, our business and operating flexibility could be significantly reduced, and we may be subject to numerous restrictions on our activities, including restrictions on leverage and on the nature of our investments.
  • If we do not invest a sufficient portion of our assets in qualifying assets, we could be precluded from investing in certain assets or could be required to dispose of certain assets, which could have a material adverse effect on our business, financial condition and results of operations.
  • Our ability to invest in public companies may be limited in certain circumstances.
  • Regulations governing the operations of BDCs may affect our ability to raise additional equity capital as well as our ability to issue senior securities or borrow for investment purposes, any or all of which could have a negative effect on our investment objectives and strategies.
  • Our business model in the future may depend to an extent upon our referral relationships, and the inability of the investment professionals of the Investment Adviser to maintain or develop these relationships, or the failure of these relationships to generate investment opportunities, could adversely affect our business strategy.
  • Our Board may change our investment objective, operating policies and strategies without prior notice or stockholder approval, the effects of which may be adverse to your interests as stockholders.
  • We will be subject to corporate-level U.S. federal income tax on all of our income if we are unable to maintain tax treatment as a RIC under Subchapter M of the Code, which would have a material adverse effect on our financial performance.
  • We may not be able to pay you distributions on our common stock, our distributions to you may not grow over time and a portion of our distributions to you may be a return of capital for U.S. federal income tax purposes.
  • We may have difficulty paying our required distributions if we recognize taxable income before or without receiving cash representing such income.
  • If we are not treated as a “publicly offered regulated investment company,” as defined in the Code, U.S. stockholders that are individuals, trusts or estates will be taxed as though they received a distribution of some of our expenses.
  • Risks arising from potential controlled group liability.
  • Changes in laws or regulations governing our operations may adversely affect our business or cause us to alter our business strategy.
  • We cannot predict how tax reform legislation will affect us, our investments, or our stockholders, and any such legislation could adversely affect our business.
  • Our business and operations could be negatively affected if we become subject to any securities litigation or stockholder activism, which could cause us to incur significant expense and hinder execution of investment strategy.
  • Internal and external cyber threats, disease pandemics, as well as other disasters, could impair our ability to conduct business effectively.
  • RISKS RELATING TO OUR INVESTMENTS
  • Our investments in portfolio companies may be risky, and we could lose all or part of any of our investments.
  • Our investment strategy, which is focused primarily on privately held companies, presents certain challenges, including the lack of available information about these companies.
  • Our investments in securities rated below investment grade are speculative in nature and are subject to additional risk factors such as increased possibility of default, illiquidity of the security, and changes in value based on changes in interest rates.
  • Our portfolio may be concentrated in a limited number of industries, which may subject us to a risk of significant loss if there is a downturn in a particular industry in which a number of our investments are concentrated.
  • Defaults by our portfolio companies may harm our operating results.
  • The lack of liquidity in our investments may adversely affect our business.
  • Price declines and illiquidity in the corporate debt markets may adversely affect the fair value of our portfolio investments, reducing our net asset value through increased net unrealized losses.
  • If we are unable to make follow-on investments in our portfolio companies, the value of our investment portfolio could be adversely affected.
  • Our portfolio companies may incur debt that ranks equally with, or senior to, our investments in such companies.
  • The disposition of our investments may result in contingent liabilities.
  • There may be circumstances where our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims.
  • We generally do not control our portfolio companies.
  • Economic recessions, downturns or government spending cuts could impair our portfolio companies and harm our operating results.
  • Inflation could adversely affect the business, results of operations and financial condition of our portfolio companies.
  • We may invest in derivatives or other assets that expose us to certain risks, including market risk, liquidity risk and other risks similar to those associated with the use of leverage.
  • We may be subject to additional risks if we invest in foreign securities and/or engage in hedging transactions.
  • Environmental, Social, and Governance (“ESG”) Risk.
  • RISKS RELATING TO OUR SECURITIES
  • You may not receive distributions or our distributions may decline or may not grow over time.
  • Our Shares are registered under the Exchange Act and therefore stockholders may be subject to certain filing requirements.
  • We do not currently intend for our shares to be listed on any national securities exchange.

Legal proceedings

We, our wholly-owned direct subsidiaries, the Investment Adviser and the Administrator are not currently subject to any material legal proceedings as of December 31, 2025. From time to time, we, our wholly-owned direct subsidiaries, the Investment Adviser and the Administrator may be a party to certain legal proceedings incidental to the normal course of our business including the enforcement of our rights under contracts with our portfolio companies. While the outcome of these legal proceedings cannot be predicted with certainty, we do not expect that these proceedings will have a material effect upon our business, financial condition or results of operations.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
    SEC EDGAROther events
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32