Director - Barings Portfolio Finance
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About the role
This Director is the 'deal quarterback' and will be responsible for the underwriting, evaluation, diligence, structuring and investment thesis, moving the transaction through execution, including legal negotiation, and on-going monitoring of a portfolio of fund finance investments made by Barings' Portfolio Finance team. Portfolio Finance originates customized, proprietary senior secured loans to major asset managers across a wide range of private market asset classes including private credit, secondaries, real estate debt, diversified private equity and GP financing solutions. These loans are highly negotiated and often involve complex structuring across various global jurisdictions. The Portfolio Finance team has originated over $60 billion in private investments since 2017 and transitioned to Barings from MassMutual (Barings' parent company) in 2024 to continuing executing on its strategy but also bringing in third-party capital. The Team The team is small, close-knit, and highly collaborative. The Director will be a critical full-time member of the team. Team members are motivated by a shared goal to originate attractive investment opportunities for MassMutual's GIA and third-party clients. The Director will support all aspects of the Portfolio Finance platform, including working closely with portfolio managers, investment analysts, structuring leads, other team members across Barings as well as external partners, including legal counsel. The Impact The Director will provide a driving role in the structuring, underwriting, approval, closing, and ongoing monitoring of complex transactions that generate attractive risk-adjusted returns for all clients while addressing the unique financing needs of our borrowers, who are typically top tier global alternative investment managers or specialty finance companies. Although this position does not have direct reports, the Director will provide coaching, feedback, and leadership to junior members of the team. The Minimum Qualifications Bachelor's degree from a top university with ideally seven (7) years of relevant experience in: investment banking, private equity, credit hedge fund, private credit, or other alternative investment experience Passion in finance / investments, with a strong understanding of accounting principles Comfortable working with and making investment decisions using concepts of leverage in a corporate debt context (e.g., Debt / EBITDA) and in a real estate debt context (e.g., LTV, DSCR, Debt Yield) Deep understanding of the roles, responsibilities and motivations of the primary participants in the investment management ecosystem Excellent communication skills, both written and oral, to succeed in a fast-paced, team environment Ability to conduct initial and on-going research, analysis and due diligence of various asset classes and understand the risks associated with each Demonstrate strong analytical and problem-solving skills, attention to detail, and ability to multitask and deliver work products on short timeframes Ability to work closely with portfolio managers and senior management Ability and openness to understanding operational, accounting, and legal aspects of investments Strong computer skills including experience with financial applications including proficiency in Microsoft Office (Excel, Power Point and Word) The Ideal Qualifications Significant professional experience working on complex negotiated transactions Experience working with at least one alternative asset class and a good understanding of the risks and operations of others across the alternative investment landscape Comfort negotiating legal documents, including having a good understanding of what is appropriate in each transaction Deal underwriting and execution experience, including assisting the negotiation of financing terms; drafting, negotiation, and review of transaction documentation; preparation
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At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients. We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities. Job title: Director - Barings Portfolio Finance Department: Portfolio Finance Location: Boston (Fan Pier) Barings is a leading global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities, and employees, and is committed to sustainable practices and responsible investment. Learn more, at www.barings.com .
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