conversus

[kuhn-vur-suhs]

noun

Ecclesiastical.

plural

conversi 

1. a lay brother.

Word History and Origins

Origin of conversus¹

< Latin, past participle of convertere to convert ¹; converse ²

Example Sentences

Both Swiss Re's private equity business and Conversus invest in a portfolio of private equity funds from firms like Blackstone, CVC and KKR, which in turn plough that capital into companies via leveraged buyouts and minority investments.

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Swiss Re's deal to sell its $7.5 billion private equity and infrastructure fund of funds business follows hot on the heels of HarbourVest Partners' agreement to buy Amsterdam-listed private equity fund of funds business Conversus Capital .

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Conversus said on Monday it had agreed to sell itself to HarbourVest for $1.4 billion, which represented a 14 percent discount to its asset valuation.

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The sale followed a strategic review by Conversus, which had last year put a halt to new private equity investments and pledged to return money to its shareholders.

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Tu es qui ore tuo sancto et casto dixisti: in quacumque die conversus fuerit peccator, vita vivet et non morietur.

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