CalPERS expands Goldman Sachs credit commitments, South Carolina picks Barings fund
CalPERS commits another USD 750m to West Street credit vehicles; South Carolina RSIC allocates USD 250m to a Barings fund

Barings reorganises leadership team, taps new president
Barings President Eric Lloyd is transitioning to the role of vice chairman

Barings prices latest BSL CLO via Deutsche Bank
The capital structure for Barings CLO 2026-II included senior/junior splits for both the triple As and triple Bs

Barings works with Pacer to launch two CLO-focused ETFs
One product will focus on investment grade CLO tranches while the other will aim to provide sub-IG CLO and secured debt exposures

Barings co-head of global investments says investors can expect to see more trading of private credit loans
PODCAST: Speaking on the latest episode of the Credit Exchange podcast with Lisa Lee, David Mihalick says it is natural to expect an increase in activity as people increase their portfolio allocations to private markets

Barings raises more than USD 19bn for global direct lending strategy
The firm raised capital from institutional, insurance and private wealth investors globally

Barings prices static private credit CLO
The triple A paper for the deal cleared at SOFR plus 145bps

Virginia, Arkansas among systems expanding into alternative credit strategies
Recent Ares funds gain momentum with allocations from VRS, TCDRS; Arkansas Teachers plan multi-strategy credit SMAs with KKR, Brookfield

Barings hires former Northleaf MD to expand capital solutions platform
CJ Wei has joined Barings as a managing director for capital solutions and a portfolio manager for specialty asset-based finance

Michigan, New Mexico make large bets on asset-based credit strategies
Michigan SIB commits USD 800m to Apollo, LGT credit funds; New Mexico SIC allocates USD 400m for Ares, Pemberton funds

Spreads widen and issuances pause as CLO managers react to market volatility
EXCLUSIVE: Triple-A tranches are widening by up to 10bps amid a slowdown in CLO reset and issuance activity, according to multiple sources

Barings prices inaugural infrastructure CLO
Co-arranged via MUFG and Morgan Stanley, Barings Infrastructure CLO 2025-I is the manager's first-ever CLO backed by infrastructure loans

Barings opts for short duration with latest new US CLO
Barings CLO 2025-VII priced as a half-billion-dollar deal on Wednesday via Wells Fargo

Barings BDC taps new CEO for the new year
Thomas McDonnell, who has spent two decades at the firm, will step in as CEO for the listed business-development company

US reset issuance hits over USD 15bn for September as PGIM, Fidelity and Barings print deals
The trio of repriced transactions, together worth USD 1.4bn, featured similar sizes and capital structures

South Carolina, Virginia among pensions revealing recent credit-focused investments
South Carolina Retirement System Investment Commission allocates over USD 900m to four managers; Virginia, Los Angeles pensions also disclose recent private credit investments, while East Bay Municipal Utility District and City of Jacksonville pensions seek to expand private credit exposure

Barings, Benefit Street latest to price US resets at 125
Barings reworked a two-year-old CLO, while Benefit Street Partners issued its fourth reset of a serially-repriced 2014-vintage deal

US resets price from Barings, CVC and Western Asset Management
A trio of US BSL resets from CVC, Barings and Western Asset Management toward the end of last week added over USD 1.3bn to August’s final issuance tally

US CLO AAAs hit another new tight as Barings prices second new CLO in a week
US CLO triple A tights edged lower on Tuesday when Barings priced its latest new primary market transaction

Trio of new US issues from Barings, Birch Grove and UBS
US CLO issuance continues to run at a steady pace, with similarly-priced new issues printing over the past couple of days

Barings inks partial refi of four-year-old US deal
The refi covered three of the six tranches from the initial print

Flood of new US CLOs print before long weekend as market wraps up busy week
A hectic day saw new issues pricing from Antares, Barings, CQS and Polus

Direct lending competition ramps up, even in middle market and small cap
Proprietary deal flow is increasingly rare, Barings President Matthew Freund said on a panel during DealCatalyst’s conference in Nashville

Barings prices reset with first BSL deal since February
The repricing of the 2023-vintage CLO was the manager’s fifth deal of the year, taking its total issuance for 2025 to USD 1.94bn

Invesco, Barings team up on private credit for wealth channel
Barings parent MassMutual plans to seed the partnership with an initial USD 650m