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Barings funds Acclime’s expansion with $150M+ debt.

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Barings, one of the world’s leading investment managers, today announced its role as sole lender in providing upsized senior secured credit facilities in excess of US$150 million in support of the continued growth of Acclime Limited (Acclime), a leading corporate and advisory services provider in Asia.

Headquartered in Hong Kong, Acclime operates across 14 Asia Pacific markets and offers an extensive array of advisory and corporate services, including market entry consulting, company formation, accounting, tax, governance services and outsourced HR and payroll.

“Acclime deeply values our relationship with Barings which has been instrumental in supporting our strong growth over the last five years. With such support, we have merged numerous long-established businesses into a largely partner and employee-owned platform with approximately 1,400 personnel delivering seamless solutions to over 14,500 active clients in the Asia Pacific region”, said Martin Crawford, Co-Founder and Executive Chairman of Acclime. “In particular, over the past three years, Barings has always delivered on its promises, and its commitment to us has been unwavering.”

“Acclime has a market-leading management team with a proven reputation for successfully acquiring and integrating complementary businesses,” added Shane Forster, APAC Head of Investment Management at Barings’ Asia Pacific Private Finance Group. “We are confident that the company’s sustained collaboration with Barings will position it for future growth.”

This transaction builds upon Barings’ 14-year track record of providing private finance solutions to borrowers in the Asia Pacific region through its Hong Kong and Sydney teams. These teams are integral to Barings Global Private Finance platform, which leverages a deep bench of more than 80 investment professionals and a 30-year track record of providing financing solutions to sponsors while aiming to generate attractive risk-adjusted returns for investors.

About Barings

Barings is a $406+ billion (as of March 31, 2024) global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions.

Barings funds Acclime’s expansion with $150M+ debt