Barings Is on a Hiring Spree to Rebuild Private Loan Business

📆 10/04/2024 19:55:00
📰 BNNBloomberg

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Barings laid out a plan to rebuild its direct-lending team after one of the largest asset management raids in years, according to people with knowledge of the matter.

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Barings Pauses Investment Across Private Credit Amid TransitionBarings LLC is pausing making new investments across its private credit funds while they transition to new leadership, according to a client letter seen by Bloomberg News, after over 20 employees left for upstart Corinthia Global Management.
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