On July 7, 2021, Barings LLC announced it will continue to support Seward & Kissel client iM Global Partner SAS with its future acquisitions and strategic growth.
Under the terms of the transaction, Barings LLC (“Barings”) will continue to support Seward & Kissel client iM Global Partner SAS (“iM Global”) with a €120m acquisition facility. Barings and iM Global will also pursue an additional acquisition facility in the short-term to finance iM Global’s expansion plans. Further terms of the deal were not disclosed.
Barings, based in Charlotte, North Carolina, is a global investment manager specializing in differentiated opportunities and long-term portfolios across public and private fixed income, real estate, and specialist equity markets. As of March 31, 2021, Barings had approximately $326 billion in assets under management.
iM Global, based in Paris, France, is an asset management network focused on acquiring strategic investments in traditional and alternative investment firms in the U.S., Europe, and Asia. As of June 2021, iM Global represented approximately $27 billion in assets under management.
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