Barings LLC

Barings BDC, Inc. Announces Conference Call to Discuss First Quarter 2024 Results

Retrieved on: 
Lundi, avril 8, 2024
Banking, Asset Management, Professional Services, Finance, Barings LLC, BDC

Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) announced today that it will report its financial results for the first quarter ended March 31, 2024 on Tuesday, May 7, 2024, after the market closes.

Key Points: 
  • Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) announced today that it will report its financial results for the first quarter ended March 31, 2024 on Tuesday, May 7, 2024, after the market closes.
  • Barings BDC, Inc. has scheduled a conference call to discuss its first quarter 2024 financial results for Wednesday, May 8, 2024, at 9:00 a.m.
  • A taped replay will be made available approximately two hours after the conclusion of the call and will remain available until May 15, 2024.
  • Barings BDC’s quarterly financial results conference call will also be available via a live webcast on the investor relations section of its website at https://ir.barings.com/ir-calendar .

Barings Global Short Duration High Yield Fund Announces March 2024 Monthly Distribution of $0.1056 per Share

Retrieved on: 
Lundi, mars 11, 2024
Banking, Professional Services, Finance, Fund, Calendar, Investment, Barings LLC

The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.

Key Points: 
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • The Fund is a non-diversified, closed-end management investment company that is managed by Barings LLC.
  • The Fund invests primarily in short-duration, global high yield bonds with the objective of seeking as high a level of current income as Barings determines is consistent with capital preservation, with a secondary objective of capital appreciation.
  • The Fund expects to maintain a weighted average portfolio duration, including the effects of leverage, of 3 years or less.

GTCR Completes Acquisition of Cloudbreak Health

Retrieved on: 
Lundi, mars 18, 2024
Stifel, Entrepreneurship, Health equity, Caregiver, Patient, Telecommunications, Hospital, LLP, Acquisition, Investment, Moelis & Company, GTCR, Barings LLC, Kirkland & Ellis, Financial services

CHICAGO, March 18, 2024 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that it has closed the acquisition of Cloudbreak Health ("Cloudbreak" or "the Company"), a leading provider of tech-enabled, healthcare-focused language interpretation services, in a corporate carve-out transaction from UpHealth, Inc.

Key Points: 
  • Cloudbreak serves clinicians and patients across all types of healthcare settings, including hospitals, urgent care centers, standalone clinics and medical practices, and helps improve health equity across an underserved U.S. patient population.
  • Mark Anderson, Managing Director and Head of Technology, Media & Telecommunications at GTCR, stated: "Cloudbreak has a longstanding reputation as a high-quality provider of interpretative telehealth services supporting an underserved patient population that we are excited to advance together.
  • "GTCR's investment in Cloudbreak will enhance the company's offering while remaining true to its critical mission of democratizing healthcare.
  • We are thrilled to work with Andy and the team to build on Cloudbreak's market-leading position in healthcare interpretation," added Geoffrey Tresley, Principal at GTCR.

J.F. Lehman & Company Completes Acquisition of Mission Microwave

Retrieved on: 
Jeudi, mars 14, 2024
Bucs, Growth, Entrepreneurship, Gallium nitride, SMBC, Swap, King & Spalding, Ka band, Government, Barings LLC, Management

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired Mission Microwave Technologies, LLC ("Mission" or the "Company").

Key Points: 
  • Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired Mission Microwave Technologies, LLC ("Mission" or the "Company").
  • Founded in 2014 and headquartered in Cypress, CA, Mission is a leading provider of Solid-State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) to the satellite communications market.
  • Utilizing advanced gallium nitride (GaN) transistors, unique power combining technology and novel full-system designs, Mission provides the industry's most efficient, lightweight, and compact high-power devices.
  • KippsDeSanto & Co. served as financial advisor to Mission, and Phillips Lytle provided legal counsel to Mission and its majority equity holders.

J.F. Lehman & Company Completes Acquisition of Mission Microwave

Retrieved on: 
Jeudi, mars 14, 2024
Bucs, Growth, Entrepreneurship, Gallium nitride, SMBC, Swap, King & Spalding, Ka band, Government, Barings LLC, Management

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired Mission Microwave Technologies, LLC ("Mission" or the "Company").

Key Points: 
  • Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired Mission Microwave Technologies, LLC ("Mission" or the "Company").
  • Founded in 2014 and headquartered in Cypress, CA, Mission is a leading provider of Solid-State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) to the satellite communications market.
  • Utilizing advanced gallium nitride (GaN) transistors, unique power combining technology and novel full-system designs, Mission provides the industry's most efficient, lightweight, and compact high-power devices.
  • KippsDeSanto & Co. served as financial advisor to Mission, and Phillips Lytle provided legal counsel to Mission and its majority equity holders.

Fitwel & EVORA Global Launch 'Social Performance' Following Successful Completion of Pilot Program with Leading Companies in Real Estate

Retrieved on: 
Lundi, mars 11, 2024
Communication, Health, Certification, Benchmarking, Corporate sustainability, Comparison, ESG, Senior, LAB, Sustainability, Vornado Realty Trust, PGIM, EHS, Barings LLC, MIPIM, Work

CANNES, France, March 11, 2024 /PRNewswire/ -- Fitwel®, the global healthy building certification and data insights platform, launched phase two of its groundbreaking new solution that, for the first time, quantifies Social performance by overlaying health research and financial data to identify strategies that have the greatest impact on stakeholders and asset value. Phase one was successfully piloted last year in collaboration with sustainability advisor, EVORA Global, enlisting an exclusive first cohort of some of the largest commercial real estate owners and asset managers worldwide. This portfolio-scale certification pathway has proven to be essential for substantiating "S" data for real estate, addressing the growing demand - driven by both investors and forthcoming regulations - for a rigorous and standardized approach to integrate "Social" metrics, including health and wellbeing measures, into ESG reporting. Social Performance by Fitwel will receive recognition by GRESB for 2024 reporting.

Key Points: 
  • Phase one was successfully piloted last year in collaboration with sustainability advisor, EVORA Global, enlisting an exclusive first cohort of some of the largest commercial real estate owners and asset managers worldwide.
  • Social Performance by Fitwel is the only solution designed to measure 'S' value of real estate funds on an entity scale.
  • "Social Performance by Fitwel is the only certification pathway applicable to all real estate assets and designed to measure and track the Social performance of real estate funds on an entity scale.
  • Philippa Gill, Executive Director at EVORA Global, added: "We are delighted to be working with Fitwel on such a critical step forward for the real estate sector.

Fitwel & EVORA Global Launch 'Social Performance' Following Successful Completion of Pilot Program with Leading Companies in Real Estate

Retrieved on: 
Lundi, mars 11, 2024
Communication, Health, Certification, Benchmarking, Corporate sustainability, Comparison, ESG, Senior, LAB, Sustainability, Vornado Realty Trust, PGIM, EHS, Barings LLC, MIPIM, Work

CANNES, France, March 11, 2024 /PRNewswire/ -- Fitwel®, the global healthy building certification and data insights platform, launched phase two of its groundbreaking new solution that, for the first time, quantifies Social performance by overlaying health research and financial data to identify strategies that have the greatest impact on stakeholders and asset value. Phase one was successfully piloted last year in collaboration with sustainability advisor, EVORA Global, enlisting an exclusive first cohort of some of the largest commercial real estate owners and asset managers worldwide. This portfolio-scale certification pathway has proven to be essential for substantiating "S" data for real estate, addressing the growing demand - driven by both investors and forthcoming regulations - for a rigorous and standardized approach to integrate "Social" metrics, including health and wellbeing measures, into ESG reporting. Social Performance by Fitwel will receive recognition by GRESB for 2024 reporting.

Key Points: 
  • Phase one was successfully piloted last year in collaboration with sustainability advisor, EVORA Global, enlisting an exclusive first cohort of some of the largest commercial real estate owners and asset managers worldwide.
  • "Social Performance by Fitwel is the only certification pathway applicable to all real estate assets and designed to measure and track the Social performance of real estate funds on an entity scale.
  • Philippa Gill, Executive Director at EVORA Global, added: "We are delighted to be working with Fitwel on such a critical step forward for the real estate sector.
  • Pilot users from a diverse range of real estate investors and fund managers provided invaluable input which enabled the product to be ready for a full public launch.

Ocular Therapeutix™ Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Lundi, mars 11, 2024
Research, Retina, Doctor of Philosophy, MD, Medical director, Marketing, Quality of life, Barings LLC, Eye, Diabetic retinopathy, AMD, Patient, G&A, MBBS, Depreciation, Pharmaceutical industry

“Bringing together our dedicated, world-class team of acknowledged strategic and clinical experts has enabled us to position Ocular as a leader in retinal care.

Key Points: 
  • “Bringing together our dedicated, world-class team of acknowledged strategic and clinical experts has enabled us to position Ocular as a leader in retinal care.
  • Total net revenue was $14.8 million for the fourth quarter of 2023, a 5.0% increase over total net revenue of $14.1 million in the comparable period in 2022, driven by DEXTENZA sales.
  • General and administrative expenses were $8.0 million for the fourth quarter of 2023 versus $8.3 million in the comparable quarter of 2022, lower primarily due to a reduction of professional-related fees and other expenses.
  • Non-cash charges for stock-based compensation and depreciation and amortization were $5.3 million in the fourth quarter of 2023 versus $4.7 million for the comparable quarter in 2022.

Easterly Asset Management Partners with Leading Investment Management Firm, Harrison Street

Retrieved on: 
Lundi, mars 4, 2024
Professional Services, Other Professional Services, Finance, Asset Management, Consulting, Banking, RIAS, Barings LLC, Housing, Entrepreneurship, Partnership, Financial services

Easterly Asset Management (“Easterly”), a multi-affiliate platform for high-performing boutique investment managers, today announced a strategic partnership with Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with $56 billion in assets under management as of 12/31/23.

Key Points: 
  • Easterly Asset Management (“Easterly”), a multi-affiliate platform for high-performing boutique investment managers, today announced a strategic partnership with Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with $56 billion in assets under management as of 12/31/23.
  • Headquartered in Chicago and London, Harrison Street will join Easterly to provide alternative real assets across North America and Europe to clients, expanding Harrison Street’s offerings to the U.S. private wealth space.
  • Harrison Street provides a series of differentiated investment solutions focused on demographic-driven, needs-based assets.
  • Easterly brings a seasoned distribution team to enhance Harrison Street’s asset potential and diversify its client base across channels.

MassMutual Reports Strong 2023 Financial Results Fueled by Company Records

Retrieved on: 
Lundi, mars 4, 2024
Insurance, Professional Services, Moody's Investors Service, Superior, DEI, Invesco, Investment, Record, MassMutual, HRC, Growth, Barings LLC, High, Rothesay, Fitch Ratings, Life, S&P Global Ratings, Policy, Human Rights Campaign, Uncertainty, Display resolution

MassMutual today reported strong financial results1 for 2023.

Key Points: 
  • MassMutual today reported strong financial results1 for 2023.
  • 1 These are consolidated statutory results of Massachusetts Mutual Life Insurance Company and its U.S.-domiciled life insurance subsidiaries: C.M.
  • Life Insurance Company, MML Bay State Life Insurance Company and MassMutual Ascend Life Insurance Company.
  • Life Insurance Company and MML Bay State Life Insurance Company, are as follows: A.M. Best Company, A++ (Superior); Fitch Ratings, AA+ (Very Strong); Moody's Investors Service, Aa3 (High Quality); and S&P Global Ratings, AA+ (Very Strong).