- Mubadala and Barings launch a USD 500M real estate debt partnership targeting senior and subordinated loans across multiple regions.
- The joint venture leverages Barings’ expertise and Mubadala’s global platform to deliver innovative credit solutions across key markets.
- The partnership strengthens Mubadala’s debt portfolio and enhances Barings’ position as a leading diversified global real estate investment manager.
Mubadala
Mubadala Investment Company, an Abu Dhabi-based sovereign investor, and Barings, a US-based investment manager, launched a USD 500 million global real estate debt partnership. Mubadala will invest alongside MassMutual, with Barings managing the operations of the joint venture.
“This joint effort positions us to deliver innovative financing solutions across key global regions and seize the opportunities created by market dislocation,” said Mike Freno, Chairman & CEO, Barings.
The partnership combines Barings’ real estate expertise with Mubadala’s global investment platform. Together, they aim to deliver innovative credit solutions across the US, Europe, and Asia-Pacific. Furthermore, the collaboration builds on a long-standing relationship between Mubadala and Barings, reflecting shared ambitions in global credit markets.
The move aims to diversify Mubadala’s real estate debt portfolio while reinforcing Barings’ position as a prominent diversified real estate investment manager.
Real Estate Debt
The joint venture seeks to leverage Baring’s platform of over USD 30 billion in real estate debt assets. Additionally, it will focus on investing in senior and subordinated real estate loans across real estate asset classes.
“Together, we are well-positioned to capitalize on market opportunities going forward, providing creative financing solutions that deliver resilient, long-term value to our stakeholders,” said Omar Eraiqaat, Deputy CEO, Credit and Special Situations at Mubadala.
The joint venture will focus on the US, Europe, and Asia-Pacific. This aims to leverage a growing appetite for private credit driven by bank retrenchment and refinancing needs.
Bottom line: The partnership taps global real estate opportunities as banks pull back and private credit demand continues to rise.
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