Barings' Diversified Alternative Equity Platform Raises Nearly $950 Million in Lower Middle Market Private Equity Strategy in the Last Six Months
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world's leading investment managers, today announced the successful raise of nearly $950 million in commitments from institutional investors to its Diversified Alternative Equity strategy in the last six months. Through associated vehicles and a commingled fund series, the strategy invests in lower middle market private equity buyouts and value-add infrastructure equity, including in digital, energy, and transportation sectors.
'We are grateful to all our institutional partners and are committed to unlocking value in the lower middle market, an often-overlooked segment of the market,' said Mina Pacheco Nazemi, Head of Barings' Diversified Alternative Equity. 'Within the infrastructure space, we are increasingly focused on partnering with operators on new-economy projects like data centers, industrial batteries, and geothermal energy, which can help investors inflation-proof their portfolios.'
Barings' Diversified Alternative Equity platform also invests in emerging managers as well as single asset transactions like continuation vehicles alongside these managers.
About Barings
Barings is a $442+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets, and capital solutions.
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