Barings and Mubadala Form Strategic Partnership Focused on Financing Solutions for European Middle-Market Businesses
CHARLOTTE, N.C. and ABU DHABI, UAE, Sept. 22, 2020 /PRNewswire/ — Barings, one of the world’s leading financial services firms, today announced that it has formed the Barings Mubadala Enterprise (BME) – an evergreen origination platform seeking to provide financing solutions to European middle-market businesses.
BME and its capital partners aim to provide $3.5 billion in financing over the next 18 months to help meet growing corporate demand for flexible capital solutions in Europe. The partnership is anchored by Mubadala Investment Company (Mubadala), and will invest alongside MassMutual and Barings’ capital. This initiative continues to build on Barings’ base of long-term, strategic partnerships and its position as a leading institutional capital provider across the European middle market landscape.
Barings’ Chairman and CEO Tom Finke said: “This partnership will leverage our significant capabilities in origination and alternative credit to help strategic capital partners such as Mubadala invest with scale. We