The changes include new global and regional heads, and mean some with have multiple roles for now. For example, Bryan High has been named head of global private finance, effective immediately, in addition to his current role as the firm’s head of capital solutions.

Tyler Gately will be head of North American private credit, and Stuart Mathieson will lead private credit in Europe and APAC. Gately has been head of client portfolio management for the last three years, and Mathieson was head of global special situations.

In a statement, Barings’ chief executive Mike Freno reaffirmed the company’s commitment to the private credit asset class and noted its institutional backing.

“We are fully committed to our private credit capabilities, and have full support from MassMutual,” he said in a prepared statement. “The majority of the team remains, and will work together under the leadership of Bryan High and senior leaders Stuart Mathieson and Tyler Gately to ensure a seamless transition for our clients.”

In total, more than 20 people are leaving Barings for Corinthia, as reported by 9fin earlier today. They include Ian Fowler, who resigned from his position as president of Barings’ BDC earlier this month. He has been replaced by Matthew Freund.

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