Barings and the North Carolina Investment Authority (NCIA) have expanded their partnership representing $2.1 billion in committed capital for Barings’ real estate debt and capital solutions strategies.
Barings has served as an asset manager for the North Carolina Retirement Systems, whose assets are now invested by NCIA, for more than 10 years. This partnership has supported attractive risk-adjusted returns for the state’s 875,000 active and retired public employees, including teachers, police officers, firefighters, and public servants.
“North Carolina has been an important partner to Barings for more than a decade,” said Mike Freno, chairman, president, and CEO of Barings. “Together, we are focused on solving complex investment challenges and supporting long-term outcomes for North Carolina’s public employees.”
“Our goal is to make the best investments and work with the best partners for our hardworking state employees and retirees,” said NC
