High Yield

Global Senior Secured Loans

Our team of dedicated high yield professionals seeks to identify attractive investment opportunities and actively manages portfolios designed to deliver the best relative value opportunities on a global scale.

AUM

$ 6.64 billion as of September 30, 2023

Inception Date

2010

Vehicle Types

QIAIF
Separate Account

Investment Philosophy

We believe attractive, long-term, risk-adjusted returns can best be achieved through a combination of:

  • Strong fundamental credit underwriting, with the primary focus on principal preservation
  • Active portfolio management to capture the best relative value and identify opportunities for capital appreciation

Our Value Add

One of the industry’s largest, globally integrated investment teams dedicated to investing across high yield credit markets

  • Established long-term track records across U.S., European and Global high yield investment strategies with each based upon the same team-based, fundamental approach that has been consistently applied across multiple credit cycles
  • In-depth, bottom-up credit analysis implemented by a deeply resourced research team provides coverage up and down the capital structure as well as across industries and geographies
  • Longstanding relationships with trading counterparties, management teams and sponsors that have been developed through decades investing across high yield credit markets
  • Active portfolio management focused on principal preservation, while also seeking to position portfolios to capture long-term value creation through best ideas

AUM

$ 15.83 billion as of September 30, 2023

Inception Date

1999

Vehicle Types

QIAIF
CLOs
Separate Account

Investment Philosophy

We believe attractive, long-term, risk-adjusted returns can best be achieved through a combination of:

  • Strong fundamental credit underwriting, with the primary focus on principal preservation
  • Active portfolio management to capture the best relative value and identify opportunities for capital appreciation

Our Value Add

One of the industry’s largest, globally integrated investment teams dedicated to investing across high yield credit markets

  • Established long-term track records across U.S., European and Global high yield investment strategies with each based upon the same team-based, fundamental approach that has been consistently applied across multiple credit cycles
  • In-depth, bottom-up credit analysis implemented by a deeply resourced research team provides coverage up and down the capital structure as well as across industries and geographies
  • Longstanding relationships with trading counterparties, management teams and sponsors that have been developed through decades investing across high yield credit markets
  • Active portfolio management focused on principal preservation, while also seeking to position portfolios to capture long-term value creation through best ideas

AUM

$ 10.99 billion as of September 30, 2023

Inception Date

2001

Vehicle Types

Separate Account
QIAIF
CLOs

Investment Philosophy

We believe attractive, long-term, risk-adjusted returns can best be achieved through a combination of:

  • Strong fundamental credit underwriting, with the primary focus on principal preservation
  • Active portfolio management to capture the best relative value and identify opportunities for capital appreciation

Our Value Add

One of the industry’s largest, globally integrated investment teams dedicated to investing across high yield credit markets

  • Established long-term track records across U.S., European and Global high yield investment strategies with each based upon the same team-based, fundamental approach that has been consistently applied across multiple credit cycles
  • In-depth, bottom-up credit analysis implemented by a deeply resourced research team provides coverage up and down the capital structure as well as across industries and geographies
  • Longstanding relationships with trading counterparties, management teams and sponsors that have been developed through decades investing across high yield credit markets
  • Active portfolio management focused on principal preservation, while also seeking to position portfolios to capture long-term value creation through best ideas

Portfolio Managers

Michael Best
Managing Director
Gareth Hall
Managing Director
Oliver Harker-Smith
Managing Director
Natalie Heawood, CFA
Managing Director
Casey McKinney
Managing Director
Brian Pacheco
Portfolio Manager, Global High Yield
Chris Sawyer
Head of European High Yield

Portfolio Managers

Michael Best
Managing Director
Adrienne Butler
Co-Head of U.S. High Yield
Meredith Lynch, CFA
Managing Director
Casey McKinney
Managing Director
Art McMahon
Managing Director
Brian Pacheco
Portfolio Manager, Global High Yield

Portfolio Managers

Gareth Hall
Managing Director
Oliver Harker-Smith
Managing Director
Natalie Heawood, CFA
Managing Director
Chris Sawyer
Head of European High Yield

25+ Years Managing CLOs

Our team leverages the strength of Barings’ global platform to serve our clients and investors.

Investing Together

In our experience, it's about yours.

Our teams are empowered to share ideas, challenge perspectives, and take decisive action as we collectively pursue the greatest outcome for our clients.

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