Barings Mubadala Enterprise’s $3.5 Billion European Financing Platform

Shearman & Sterling advised Mubadala Capital on the deal.

Mubadala Capital, the financial investment arm of Mubadala Investment Company, a sovereign investor owned by the Government of Abu Dhabi, completed the establishment of an evergreen origination platform with Barings, one of the world’s leading financial services firms. The platform, Barings Mubadala Enterprise (BME), will seek to provide financing solutions to European middle-market businesses.

BME and its capital partners aim to provide $3.5 billion in financing over the next 18 months to help meet growing corporate demand for flexible capital solutions in Europe. Mubadala Capital will invest in the platform alongside MassMutual and Barings’ capital.

The Shearman & Sterling team advising BME was led by partners Clare O’Brien (New York-Mergers & Acquisitions; Picture), Philip Stopford (London-Finance), John Adams (London-Investment Funds) and Simon Letherman (London-Tax), counsel Leona McManus (London-Finance) and associates Michael Ward (London-Tax), Andy Piepers (New York/Frankfurt-Mergers & Acquisitions) and Sara Couling (London-Finance).

Involved fees earner: John Adams – Shearman & Sterling; Sara Couling – Shearman & Sterling; Simon Letherman – Shearman & Sterling; Leona McManus – Shearman & Sterling; Clare O’Brien – Shearman & Sterling; Andreas Piepers – Shearman & Sterling; Philip Stopford – Shearman & Sterling; Michael Ward – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: Mubadala;

Author: Ambrogio Visconti