May 01, 2020

Barings Completes Sale of Telecommunications Infrastructure and Ground Assets

Barings, one of the world’s leading financial services firms, announced today the recent close of two transactions involving the sale of telecommunications infrastructure and ground assets. These assets were owned through EIP Holdings I, LLC, a Barings-managed entity.

Barings partnered with Everest Infrastructure Partners, Inc. in 2015 to strategically aggregate this portfolio of assets on behalf of EIP Holdings I, LLC. The aggregate holdings span 42 states.

"We have invested in this space for over ten years, enjoyed the successful relationship with the Everest team and are excited about the continued growth in telecommunications investments,” said Matthew Sandoval, Managing Director Barings Private Equity/Real Assets.

About Barings Private Equity/Real Assets
Barings Private Equity/Real Assets targets direct, control investments in asset-based businesses across infrastructure, intangible assets and natural resources. The team focuses on assets with thematically-driven demand and actively manages those assets in an effort to generate both current income and long-term enterprise value. Follow us on LinkedIn at www.linkedin.com/showcase/barings-alternative-investments.

About Barings
Barings is a $327+ billion* global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.

*As of March 31, 2020

Important Information

The document is for informational purposes only and is not an offer or solicitation for the purchase or sale of any financial instrument or service in any jurisdiction. The material herein was prepared without any consideration of the investment objectives, financial situation or particular needs of anyone who may receive it. This document is not, and must not be treated as, investment advice, an investment recommendation, investment research, or a recommendation about the suitability or appropriateness of any security, commodity, investment, or particular investment strategy, and must not be construed as a projection or prediction.

In making an investment decision, prospective investors must rely on their own examination of the merits and risks involved and before making any investment decision, it is recommended that prospective investors seek independent investment, legal, tax, accounting or other professional advice as appropriate.

Unless otherwise mentioned, the views contained in this document are those of Barings. These views are made in good faith in relation to the facts known at the time of preparation and are subject to change without notice. Individual portfolio management teams may hold different views than the views expressed herein and may make different investment decisions for different clients. Parts of this document may be based on information received from sources we believe to be reliable. Although every effort is taken to ensure that the information contained in this document is accurate, Barings makes no representation or warranty, express or implied, regarding the accuracy, completeness or adequacy of the information.

This document is issued in Australia by Barings Australia Pty Ltd.