Barings Closes Over $19 Billion for Global Direct Lending Strategy

Barings, one of the world's leading global alternative investment managers, today announced the successful close of over $19 billion in committed capital for its Global Direct Lending strategy, garnering interest from a diverse group of institutional, insurance and wealth clients. The two-year fundraising period coincided with strong and sustained deployment activity, including over $18 billion across 355 transactions globally.

"We are thrilled to reach this milestone and grateful to our global investor base as we continue to expand our platform at a time when volatility and market repricing is driving greater dispersion across managers," said Bryan High, Head of Global Private Finance. "With a global lens and a diversified, institutional capital base, we are able to capture relative value as it shifts across regions, sectors and pockets of dislocation, while continuing to focus on downside protection and driving long-term outcomes for our clients."

The latest fundraise expands Barings' more than $67 billion* Global Private Finance platform, which is underpinned by a broad and deep origination network across North America, Europe and Asia-Pacific and a 30-year track record of providing financing solutions to middle market private equity sponsors. With more than 140 investment professionals, the team's approach to building resilient portfolios is defined by disciplined underwriting, conservative structures, and lead or co-lead positions that provide greater control at the deal level.

*As of May 15, 2026

About Barings
Barings is a $481 billion* global alternative asset manager that partners with institutional, insurance, and wealth clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual and MS&AD, seeks to deliver excess returns by leveraging its global scale and capabilities across credit, real assets, capital solutions and emerging markets.

*As of March 31, 2026

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