Private Credit Veteran Bob Shettle Joins Barings’ Global Private Finance Group
20 Mayo 2024 - 8:30AM
Business Wire
New senior hire expands Global Private Finance
team of more than 80 investment professionals managing more than
$32.78 billion* in middle market direct lending
Shettle to join Barings’ North America Private
Finance Investment Committee
Barings, one of the world’s leading investment managers, today
announced that private credit veteran Bob Shettle will join
Barings’ Global Private Finance Group as a Managing Director and
will join the firm’s North America Private Finance Investment
Committee, effective at the end of May. Shettle, who previously
spent more than two decades at Barings, will focus on investment
origination in North America. Based in New York, Shettle will
report to Tyler Gately, Head of North America Private Credit.
“Bob helped build our leading platform and I am pleased to
welcome him back to Barings as we focus on growing our Global
Private Finance business and expanding our capabilities,” said Eric
Lloyd, President of Barings and Chairman of Barings' Global Private
Finance Group. “Private credit is an asset class with a long runway
for growth and tremendous opportunity to capitalize on behalf of
our clients. We believe Bob’s deep understanding of our team-based
approach, strong track record of successfully investing through
multiple economic cycles, and breadth of private equity sponsor
relationships will further enhance our platform.”
Prior to leaving Barings in 2020, Shettle served as Co-Head of
Barings’ North American Private Finance Group for four years,
co-managing the team and overseeing an approximately $10 billion
private credit investment portfolio. He served previously as
Chairman of the North American Private Finance Investment Committee
and has more than 30 years of experience investing in senior debt,
junior debt, and equity across the middle and lower markets.
“I am thrilled to return to Barings and join one of our
industry’s most experienced global middle-market lending
platforms,” said Shettle. “I look forward to working closely with
the firm’s deep bench of senior leaders to further expand our
private equity relationships and uncover the best origination
opportunities for clients.”
About Barings
Barings is a $406+ billion* 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. Learn more at www.Barings.com.
*Assets under management as of March 31, 2024
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