In this 2026 Outlook discussion, our experts across Direct Lending, Asset-Based Finance and Portfolio Finance cover: - Where they see value and how they’re assessing risks - What trends are shaping the landscape in the year ahead - Their personal “bold predictions” for 2026 Panelists: Orla Walsh – Head of Europe Private Credit Portfolio Management …

In this 2026 Outlook discussion, our experts across High Yield, CLOs, Investment Grade and EM Debt cover: - Where they see value (against a backdrop of historically tight spreads) - How megatrends like AI proliferation are creating opportunities (and risks) - Their personal “bold predictions” for the year ahead Panelists: Brian Pacheco – Global Hig…

Head of US & European Real Estate Debt, Nasir Alamgir, joins Streaming Income to discuss why investors - especially those focused on private credit - have been increasingly allocating to real estate debt, and how the opportunity set continues to evolve. Episode Segments: (02:39) – The trends shaping the real estate debt landscape – from rates to AI…

Barings' Joe Mazzoli sheds light on the factors currently shaping the landscape for business development companies (BDCs) - from the interest rates to credit dynamics - and what may lie ahead for investors in the space. Episode Segments: (03:24) - Understanding the different types of BDCs (05:17) - What's driving growth in perpetual BDCs (07:45) - …

Orhan Sarayli, Head of North America for Barings' Global Infrastructure Debt group joins Streaming Income to discuss the evolving opportunity in infrastructure debt. Episode Segments: (02:11) – Background on Orhan & the infra debt team at Barings (03:10) – Defining the infrastructure debt universe (05:54) – The structural trends underpinning massiv…

Head of Global High Yield, Scott Roth joins the Streaming Income podcast to discuss how tariffs and quickly shifting macro-economic and political dynamics are impacting corporate fundamentals and the backdrop for high yield bonds and broadly syndicated loans today. Episode Segments: 01:55 – Scott’s role at Barings and the HY platform at Barings 03:…

Leaders across Barings Global Private Credit platform discuss the similarities and differences between the direct lending markets in North America, Europe and Asia Pacific, and the potential benefits of global strategies in this space. Episode Segments: (02:41) – North American market overview (10:48) – European market overview (21:51) – APAC marke…

Barings' Head of Global CLOs, Adrienne Butler, retraces the history of the CLO asset class from its emergence in the late-1990s through the trials of the GFC and onto the most recent innovations including private credit and infrastructure debt CLOs. Episode Segments: (03:02) – The early days of the CLO market (09:33) – How CLOs fared in the 2008 pe…

How can investors make sense of the macro and geopolitical headlines that are coming fast and furious? Ricardo Adrogue and Cem Karacadag join the Streaming Income podcast to help parse signal from noise. Episode Segments (02:32) – Rates, tariffs, oil, growth & what history tells us (09:09) – Is the risk-free rate really risk free? (10:48) – U.S exc…

In the latest episode of Streaming Income, Head of Portfolio Finance, Dadong Yan helps to define and de-mystify the growing opportunity in Portfolio Finance. Episode Segments: (03:04) – Defining portfolio finance (04:23) – Where NAV lending fits in (06:11) – Core portfolio finance: Private credit, RE debt, secondaries & GP financing (12:45) – The r…

This episode is part of our 2025 Outlook series. Here our experts in private credit – across the U.S., Europe, and Asia Pacific – discuss and debate the prospects for middle market direct lending in the year ahead. Episode Segments: (02:43) – Misconceptions about direct lending (04:30) – The impact of Trump’s victory on private credit markets (07:2…

Barings Chairman & CEO, Mike Freno joined Ted Seides, Host of Capital Allocators, on-stage at Barings 360 for a wide-ranging conversation on the evolving asset management landscape and how Mike and the Barings team are positioning for growth ahead. Episode Segments: (01:16) – The benefits of being owned by a 175-year-old mutual insurance company (0…

This episode is part of our 2025 Outlook series. Here, our experts across real estate debt and equity markets discuss and debate the prospects for global commercial real estate investments in the year ahead. Episode segments: (01:59) – What is the market wrong about? (03:39) – Revisiting last year’s predictions (06:20) – How Trump 2.0 may impact gl…

This episode is part of our 2025 Outlook series. Here, our experts across high yield, emerging markets debt, and investment grade credit share how they are navigating today's shifting landscape and where they expect opportunities and risks to emerge in the year ahead. Episode Segments: (2:50)—What does a Trump victory mean for fixed income? (8:04)—…

Mina Pacheco Nazemi, Head of Diversified Alternative Equity, joins the podcast to explain how she and her team are finding attractive opportunities to “build to core” in assets like battery storage and data centers. Episode Segments: (01:58) – Mina’s role at Barings (02:43) – The common attractions of infra equity asset types (06:12) – Why “infrast…

Barings' David Mihalick and Martin Horne discuss the blurring lines between public and private credit markets and the implications for asset managers, borrowers and investors. Episode Segments: (03:17) – What’s driving the blurring of lines between public & private credit? (09:47) – The ebb and flow between the public and private loan markets (14:2…

Michael Searles, Head of North America – Capital Solutions, explains why capital solutions strategies are garnering increased interest from institutional investors looking to diversify their private credit allocations and gain access to potentially uncorrelated returns. Episode Segments: (05:42) – How Barings defines Capital Solutions strategies (0…

Kelly Burton sheds light on the technical and fundamental picture for high yield bonds today as investors grapple with an increasingly noisy macroeconomic and political backdrop. Episode Segments: 02:30 – Kelly’s background and role at Barings 05:18 – What market technicals are telling us about high yield 09:26 – Assessing issuer fundamentals again…

The U.S is experiencing a housing crisis driven by a lack of new supply and challenged affordability. But for investors providing the capital to modernize the country’s stock of housing, attractive returns may lie ahead. Maureen Joyce explains. Episode Segments: (04:41) – The key factors driving the U.S. housing crisis (09:02) – The demographic gro…

Dr. Ricardo Adrogué joins the podcast to discuss why risks including those related to inflation, interest rates and EM elections are increasingly behind us, setting the stage for a possible resurgence in investor appetite for EM Debt. Episode Segments: (02:45) – Is EM election risk behind us? (10:10) – How the outcome of the U.S. election may impac…

Barings Chairman & CEO, Mike Freno, joins the podcast to discuss recent developments in the firm’s Global Private Finance platform, the strong momentum in its public and private assets businesses, and where he and the Barings team see opportunities for growth ahead. Episode Segments: (01:51) – Recapping two strong years of growth for Barings (04:17…

Against a backdrop of stickier-than-expected inflation, higher-for-longer rates, and persistent geopolitical risks, what is the outlook for high yield bonds and senior secured loans? Global High Yield Portfolio Manager, Brian Pacheco, weighs in. Episode Segments: (03:29) – How the macro backdrop has changed for high yield this year (06:28) – Why th…

Head of Public Assets, Martin Horne, discusses the factors shaping the outlook for fixed income markets in 2024 including interest rates, corporate fundamentals and valuations. Episode Segments: 02:20 - How the macro backdrop is shaping the outlook for fixed income 04:12 - Are markets too aggressive in pricing in rate cuts? 05:45 - Corporate fundam…

Business development companies (BDCs) continue to garner increased investor attention driven by demand for income and access to the growing private credit asset class. Barings' Matthew Freund discusses the cyclical and structural trends shaping the market opportunity today. Episode Segments: (02:29) – Defining our terms: BDCs (04:08) – The structur…

While commercial real estate markets continue to face cyclical and structural headwinds, real estate debt may prove to be a bright spot for investors in 2024 – benefiting from attractive valuations and increased institutional take-up of the asset class. Nasir Alamgir explains. Episode Segments: 02:00 – How the RE debt landscape has changed over the…

Dennis Ho, CEO of Martello Re, sits down with Barings’ Colin Gordon to discuss the creation and rapid growth of Bermuda-based reinsurer Martello Re, and how trusted partnerships have been the key to tackling challenges ranging from investment returns to hiring and beyond. Episode Segments: (02:20) – From trading hockey cards to managing a multi-bil…

Daron Tubian, Head of Affordable Housing Investments at Barings, sits down with Rich Roberts of Red Stone Equity Partners to discuss the housing affordability crisis in the U.S., and how investors can play a role in the solution while also earning potentially attractive returns. Episode Segments: (01:55) - Looking back on 30 years in affordable hou…

How will higher rates impact real estate markets in 2024? Will valuations finally become more clear? And is real estate debt poised to shine in the year ahead? Our panel of experts from the U.S., Europe, & Australia answer these questions and more in this special outlook episode. Moderator: Maureen Joyce - Head of U.S. Real Estate Asset Management …

From high yield and investment grade credit to emerging markets and securitized debt, what will 2024 hold for fixed income investors? Our panel of experts weighs in on the opportunities and risks ahead. Moderator: Matt Livas, Head of Client Portfolio Management for Public Fixed Income Panelists: Ricardo Adrogue, Head of Global Sovereign Debt & Curr…

Is all the doom and gloom around commercial real estate warranted? Or are there still opportunities for savvy investors? Joe Gorin discusses this and why tomorrow's real estate equity portfolios may ultimately look significantly different than those of today. Episode Segments: (01:32) – Not sugarcoating the outlook for real estate equity (03:43) – …

With yields on bonds and loans near historical highs and the credit quality of the high yield market materially higher than in past cycles, investors may not need to take excessive risks to earn attractive returns in below-investment-grade markets today. Barings' Co-Head of Global High Yield, Scott Roth explains. Episode Segments: (02:00) – What’s …

Orhan Sarayli, Head of North America on Barings' Global Infrastructure Debt team joins the podcast to discuss the evolving opportunity set in infrastructure debt, including who is buying the asset class today, and what trends may underpin its growth in the years to come. Episode Segments: (01:05) – Defining the infrastructure debt universe today (0…

From Wall Street economists to local taxi drivers, everyone is talking about the challenges facing U.S. office real estate. How big is the problem? What are the potential solutions? And will there be investment opportunities along the way? Barings' Dags Chen weighs in. Episode Segments: (01:55) - How big the "office problem" actually is (04:50) - A…

Co-Head of Structured Credit Investments, Melissa Ricco provides insight into the current dynamics driving the collateralized loan obligation market and why she and the team are seeing compelling opportunities, particularly at the top of the capital stack. Episode Segments: (01:28) - The impact of higher rates and an uncertain macro backdrop on CLO…

Head of Diversified Alternative Equity, Mina Nazemi, shares three opportunities that she and the team currently see in private equity and real assets, including: emerging managers, continuation vehicles and "real assets 2.0." Episode Segments: (01:40) – 3 themes to watch – the denominator effect, valuations & inflation (08:53) – Opportunity #1: Eme…

Head of Capital Solutions, Bryan High, sat down with Zayd Hamman, Chairman of Coastal Marinas to discuss how the management team has built an impressive platform for owning and operating marinas in Charleston, SC, and how Barings has partnered with them along the way. Episode Segments: (02:02) – Zayd Hammam’s background in special situations invest…

Head of Public Fixed Income, Martin Horne discusses the current opportunities and risks in public fixed income markets and compares today's macro backdrop with those faced in prior economic slowdowns. Episode Segments: (01:15) - How corporate fundamentals look from the bottom up (07:19) - How the banking crisis is impacting fixed income markets (12…

Head of Private Multi-Asset Investing, John McNichols describes how the recent banking crisis is impacting private markets and discusses where he and the Barings team are seeing private market opportunities in areas like construction loans and European direct lending. Episode Segments: (2:11) – John’s role at Barings and the investment universe he …

In the first episode of our new Investing Together series, Mercer's Global Head of Private Debt, David Scopelliti joins Barings' David Mihalick to discuss the evolution of private credit, including how this market developed, what conditions are like today, and where we go next. Episode Segments: (02:00) – David’s career path and role at Mercer (05:…

Head of Real Estate Debt Portfolio Management, Nasir Alamgir, provides an overview of the factors—both positive and negative—shaping the outlook for commercial real estate debt. Episode Segments: (01:00) - The current landscape for real estate debt (04:41) - Sizing up transaction activity (06:40) - The coming reckoning in private asset valuations (…

Ricardo Adrogue, Head of Global Sovereign Debt and Currencies discusses the Barings' team's increasingly positive view on the outlook for emerging markets debt. Episode Segments: (02:21) - Reasons to be optimistic about EM Debt in 2023 (04:28) - The tug of war shaping global economic growth (07:15) - A multi-speed global economy in 2023 (08:40) - W…

Barings experts in the U.S. and Europe discuss the risks and opportunities for commercial real estate debt and equity heading into 2023. Episode Segments: (02:35) – Introductions (03:35) – What’s keeping us up at night in real estate markets? (10:40) – “Hot” markets that may be at risk: Logistics, Residential, Life Science (20:20) – Is it a better …

As the global economy has slowed, investor interest in distressed debt strategies has risen. But the distressed market isn't what it used to be. Bryan High discusses how structural changes in that space and others have led to an entirely new landscape for opportunistic capital. Episode Segments: (02:43) – The traditional distressed debt opportunity…

As negative headlines come fast and furious, commercial real estate investors are faced with a question: Is now a time to get defensive, be opportunistic, or prepare for the worst? Learn why Co-Head of U.S. Real Estate, John Ockerbloom says the answer is 'yes' - all of the above. Episode Segments: (02:33) - Do market conditions on the ground match …

Could the market be wrong on inflation? Is China more of a drag on the global economy than commonly perceived? And how can investors navigate this extremely difficult macro backdrop? Ricardo Adrogue answers these questions and more in the latest episode of Streaming Income. Episode Segments: (01:45) - The three major headwinds facing emerging marke…

Investors are back at their desks and volatility has returned with them. How can they navigate an environment characterized by rising rates and decades-high inflation? Scott Roth and Adrienne Butler answer this question and more in the latest episode of Streaming Income. Episode Segments: (01:10) - What's been surprising about the recent bout of vo…

Mina Pacheco Nazemi joined the Streaming Income podcast to discuss where she and the Barings team are seeing the most compelling opportunities in private equity - including among emerging managers, women & diverse managers, and in unique structures like continuation vehicles. Episode Segments: 03:15 - The big trends driving today's private equity m…

Ben Pile, Head of European Residential Investing & Asset Management discusses the factors driving increased investor interest in UK and European residential real estate—from diversification and income generation to potential inflation protection. Episode Segments: 02:35 - Sizing up the residential real estate market opportunity 05:43 - How institut…

Co-Head of Structured Credit, Melissa Ricco discusses the current state of the collateralized loan obligation (CLO) market. She provides insight into the year-to-date performance of the asset class, the current credit quality picture, and what risks the team is monitoring. Episode Segments 02:55 - How CLOs have weathered this year's market volatili…

Head of Private Multi-Strategy Investing, John McNichols discusses how private asset portfolios can be constructed to help investors achieve diversification and manage risks from inflation and rising rates to geopolitical conflict. Episode Segments 05:45 - Ways to achieve diversification in private asset portfolios 09:33 - How the macro environment…