Barings, one of the world’s leading investment managers, today announced the appointment of Mike Freno as Chairman and Chief Executive Officer, Barings LLC, effective immediately. Mike is currently President, a role he assumed in February of this year. He is a member of Barings’ Senior Leadership Team, Barings Board of Directors and Chairman of Barings BDC.
Tom Finke, Chairman and CEO, who has served in this role since 2016 and led Barings through its integration, will retire from Barings at the end of November and pursue another opportunity.
With more than fifteen years at the firm, Mike has served as a trusted partner to Barings’ clients, helping them achieve their long-term financial goals. His experience includes two decades on the buy-side, focusing on both equity and debt investments.
Since becoming President in early 2020, Mike has successfully integrated all of Barings’ investments businesses – public and private credit, real estate and specialty equity markets – in addition to operations, technology, product management, distribution and marketing.
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Mike holds a B.A. from Furman University and an M.B.A. from Wake Forest University. He is a long-time Charlotte, N.C. resident and an active member of the community.
Tom will support the Chairman and CEO transition through the end of November. Tom added, “I have been honored to lead the firm through its first four years as Barings, as we built a truly outstanding global investment management firm. It is satisfying to see Barings operating from a position of strength as Mike now takes the reins to drive Barings’ ambitious growth and transformation strategy.”
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