Barings Says Public, Private Asset-Based Credit Converging (1)

Barings LLC recently combined its public and private investing teams for asset-based finance, an organizational change it says will help it navigate the increasingly blurred lines between public and private credit markets.

Formed in September, the $70 billion-plus platform consolidates Barings’ corporate private placements and public and private commercial, consumer, and residential asset-based finance teams globally. As part of the revamp, the firm also named Yulia Alekseeva head of consumer ABS and CMBS. She was previously investment-grade portfolio manager and head of securitized credit research at the firm.

Alekseeva spoke to Bloomberg in a series of interviews ending on Nov. ...