Barings, one of the world’s leading alternative asset managers, announced that it served as lead agent of senior secured credit facilities to support Investcorp in its acquisition of Berger Financial Group (“Berger”).
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Berger Financial Group is a Registered Investment Advisor (“RIA”) with more than $3 billion in assets under management, providing financial & retirement planning, portfolio management, and tax planning services to more than 3,800 clients across nine offices.
“We are thrilled to expand our partnership with Investcorp through our investment in Berger,” said Jeff Rabaut, Managing Director in Barings’ North America Direct Lending Group. “Berger has established a strong position in the RIA market, and we look forward to supporting Investcorp as they build on that foundation.”
Mike Emmet, Senior Managing Director of Investcorp, added, “Barings has been a thoughtful and dynamic partner to us having now financed four of our most recent investments. Their ability to move quickly and with conviction, in addition to their breadth of capabilities, has made them one of our go-to financing partners.”
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