Barings BDC announces $550m lending partnership with US pension fund

Barings BDC announced on Thursday that it is forming a joint venture with the State of South Carolina Retirement System (SCRS) that will invest in private debt, syndicated senior secured loans, structured products and real estate debt.

  • By Alexander Saeedy
  • 10 May 2019
“Our intention is to drive shareholder returns not just through middle market investments but also through the effective use of our non-qualified asset bucket via a joint venture with a very respected institutional partner,” said Jonathan Bock, chief financial officer at Barings BDC, on an earnings call Friday ...

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