Principal Partners With Barings to Strengthen Its Private Credit Platform

With a $1 Billion Allocation

Date:

Canva

Author: Funds Society, Madrid

Principal Joins Barings to Expand Its General Account Portfolio Through High-Quality Customized Private Credit Investments

The collaboration combines Principal’s portfolio management and credit analysis expertise with Barings’ direct origination capability, aiming for diversification, risk-adjusted returns, and alignment with the company’s liabilities

This alliance allows Principal to access exclusive niches within private credit, complementing its internal capabilities in real estate, middle-market lending, private corporate credit, and infrastructure