Following the integration of its affiliates, global asset manager Barings has created a $275 billion global asset manager with distinctive expertise across traditional and alternative asset classes.
Babson Capital Management has announced it has completed the integration of four Massachusetts Mutual Life Insurance Company (MassMutual) institutional affiliates. Babson Capital Management, its subsidiaries Cornerstone Real Estate Advisers LLC and Wood Creek Capital Management, LLC, and Baring Asset Management Limited are now operating as a unified company under the Barings name.
New Leadership Structure
In a statement the firm claims the Barings logo and branding have had a facelift to reflect a modern and forward-looking asset management firm.
Within the newly created organization, each investment area will have dedicated leadership. Russ Morrison will serve as the firm’s President and lead global fixed income, equity and multi-asset strategies; Scott Brown will lead global real estate; and Anthony Sciacca will lead global alternative investments and private equity.
«This merger marks an exciting moment in our history, and it enhances our ability to provide comprehensive, innovative solutions to help our clients meet their investment objectives,» said Tom Finke, Chairman and Chief Executive Officer of Barings.
