Barings and Mubadala Form Strategic Partnership Focused on Financing Solutions for European Middle-Market Businesses

Posted on 09/22/2020

Asset management giant Barings and Mubadala Investment Company revealed the creation of Barings Mubadala Enterprise (BME) – an evergreen origination platform seeking to provide financing solutions to European middle-market businesses. BME will focus particularly on opportunities in the United Kingdom, France, Benelux and the Nordics. Mubadala is keen on accessing middle-market direct lending opportunities

According to the press release, “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.”

Mubadala’s financial investment arm, Mubadala Capital was established in 2011 and operates six integrated businesses focused on various asset classes and geographies that include private equity, public equities, ventures capital and credit, in addition to a Brazil focused investment business and certain sovereign investment partnerships. The unit invests globally across the capital structure in both public and private securities. In addition to managing its own balance sheet investments, Mubadala Capital invests third-party capital on behalf of institutional investors in four of its six businesses.

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