Barings BDC
Barings BDC, Inc. (BBDC) is a specialty finance company that primarily invests in senior secured loans, first lien debt, and, to a lesser extent, second lien debt, and equity investments in middle-market companies. It operates as a business development company (BDC) and is externally managed by Barings LLC, a global financial services firm with capabilities in asset management and investment. BBDC aims to generate current income and, to a lesser extent, capital appreciation for its investors.