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conversus

[ kuhn-vur-suhs ]

noun

, Ecclesiastical.
, plural con·ver·si [k, uh, n-, vur, -sahy, -see].
  1. a lay brother.


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Word History and Origins

Origin of conversus1

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

From Reuters

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 .

From Reuters

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.

From Reuters

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.

From Reuters

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

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