Subadvisory Agreement
EX-10.1
Manulife Private Credit Fund
SUBADVISORY AGREEMENT
This AGREEMENT (this “Agreement”) is made as of this 1st day of March, 2026 (the “Effective Date”), by and between Manulife Investment Management Private Markets (US) LLC, a Delaware limited liability company (the “Adviser”), and Comvest Credit Advisors LLC, a Delaware limited liability company (the “Subadviser”). In consideration of the mutual covenants contained herein, the parties agree as follows:
| 1. | APPOINTMENT OF SUBADVISER |
The Subadviser undertakes to act as the investment subadviser to and, subject to the supervision of the Board of Trustees (the “Board”or the “Trustees”) of Manulife Private Credit Fund (the “Portfolio”) and the terms of this Agreement, to manage the investment and reinvestment of the assets of the Portfolio. The Subadviser shallbe an independent contractor and will have no authority to act for or represent the Portfolio or Adviser in any way or otherwise be deemed an agent unless expressly authorized in this Agreement or in another writing by the Portfolio and/or Adviser, as applicable.
| 2. | SERVICES TO BE RENDERED BY THE SUBADVISER TO THE PORTFOLIO |
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