Manager · SEC CRD 106006
Barings
Private EquityPrivate CreditReal AssetsOpportunistic
Funds with performance
16
LP investors
12
Public LPs disclosing at least one fund
SEC regulatory AUM
$392.75B
As of 2026-10-29
The franchise by vintage
Funds disclosed by public LPs, by strategy and vintage year. Dot area is the number of funds raised that year.
Funds
Funds managed by Barings
Fund Name | Strategy | Sub-Strategy | Geography | Vintage | IRR | TVPI | DPI | As-of Date | Gross AUM | LPs |
|---|---|---|---|---|---|---|---|---|---|---|
| Barings Asia Real Estate II | Real Assets | Real Estate Equity | Asia Pacific | 2018 | -3.1% | 0.91x | 0.21x | 2026-03-31 | — | 1 |
| Barings Asset-Based Income Fund | Private Credit | Specialty Finance | Global | 2018 | 3.3% | 1.19x | 0.39x | 2026-06-30 | $634.3M | 2 |
| Barings Capital Investment Corporation | Private Credit | Direct Lending | North America | 2020 | 11.0% | — | — | 2025-06-30 | — | 1 |
| Barings CMS Fund | Private Credit | Direct Lending | North America | 2021 | 2.0% | — | — | 2022-06-30 | — | 1 |
| Barings Core Property Fund LP | Real Assets | Real Estate Equity | Global | 2008 | 4.8% | 1.52x | 1.06x | 2024-12-31 | — | 1 |
| Barings Emerging Generation Fund | Private Equity | Buyout | Emerging Markets | 2020 | 16.2% | 1.60x | 0.34x | 2025-12-31 | $108.2M | 1 |
| Barings Emerging Generation Fund II | Private Equity | Buyout | Emerging Markets | 2022 | 12.8% | 1.20x | 0.02x | 2025-12-31 | $16.8M | 1 |
| Barings European Private Loan Fund III | Private Credit | Direct Lending | Europe | 2021 | 8.1% | 1.28x | 0.41x | 2026-06-30 | — | 1 |
| Barings European Private Loan Fund IV | Private Credit | Direct Lending | Europe | 2023 | 4.6% | 1.06x | 0.96x | 2026-06-30 | — | 1 |
| Barings Global Special Situations Credit 2 | Opportunistic | Special Situations | Global | 2015 | 11.9% | 1.65x | 1.35x | 2026-06-30 | — | 1 |
| Barings Global Special Situations Credit 3 | Opportunistic | Special Situations | Global | 2017 | 7.2% | 1.38x | 0.95x | 2026-06-30 | — | 1 |
| Barings Lake Luciana | Private Equity | Buyout | Global | 2006 | -19.7% | 0.20x | 0.19x | 2026-03-31 | — | 1 |
| Barings Lake P&F Real Estate | Real Assets | Real Estate Equity | Global | 2010 | -16.3% | 0.20x | 0.23x | 2026-03-31 | — | 1 |
| Barings Perpetual Direct Lending Fund | Private Credit | Direct Lending | — | 2025 | -0.4% | 1.00x | 0.02x | 2026-06-30 | — | 1 |
| Barings Real Estate Debt Income Fund LP | Real Assets | Real Estate Debt | North America | — | -0.4% | 1.00x | 0.02x | 2026-06-30 | $1.30B | 1 |
| Barings Transportation Fund LP | Real Assets | Infrastructure | North America | 2021 | 17.9% | 1.57x | 0.44x | 2025-06-30 | — | 1 |
LP Investors
Limited partners invested in Barings funds
| LP Name | Type | Location | Funds Invested |
|---|---|---|---|
| South Carolina Retirement System Investment Commission | public_pension | SC | 2 |
| Baltimore City Employees' Retirement System | public_pension | MD | 1 |
| State of Michigan Retirement Systems | public_pension | MI | 3 |
| School Employees Retirement System of Ohio | public_pension | OH | 6 |
| Connecticut Retirement Plans and Trust Funds | public_pension | CT | 1 |
| New Jersey Division of Investment | public_pension | NJ | 1 |
| Northern LGPS | public_pension | — | 2 |
| Dallas Police & Fire Pension System | public_pension | TX | 2 |
| Contra Costa County Employees' Retirement Association | public_pension | CA | 1 |
| North Carolina Retirement Systems | public_pension | NC | 1 |
| Maine Public Employees Retirement System | public_pension | ME | 1 |
| Los Angeles City Employees' Retirement System | public_pension | CA | 2 |