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Invesco Accelerates Private Markets Partnership with Barings

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Invesco (NYSE: IVZ) completed the first initiative of its strategic partnership with Barings on Oct. 7, 2025, launching the jointly managed Invesco Dynamic Credit Opportunity Fund, a closed-end interval fund focused on private corporate credit.

Invesco's private markets business totals $131 billion. Barings' parent MassMutual intends to back the partnership with $650 million of support, including an intended $150 million investment in the new fund. Invesco will co-manage the fund with Barings and maintain execution authority under CIO Scott Baskind, with Barings portfolio managers Matthew Freund and Michael Searles joining the team.

Invesco (NYSE: IVZ) ha completato la prima iniziativa della sua partnership strategica con Barings l'7 ottobre 2025, lanciando il fondo Invesco Dynamic Credit Opportunity Fund, un fondo chiuso a intervallo focalizzato sul credito privato aziendale.

Il business dei mercati privati di Invesco ammonta a 131 miliardi di dollari. La casa madre di Barings, MassMutual, intende sostenere la partnership con 650 milioni di dollari di supporto, inclusa una prevista investizione di 150 milioni di dollari nel nuovo fondo. Invesco co-gestirà il fondo insieme a Barings e manterrà l'autorità di esecuzione sotto il CIO Scott Baskind, con i portfolio manager di Barings Matthew Freund e Michael Searles che si uniranno al team.

Invesco (NYSE: IVZ) completó la primera iniciativa de su asociación estratégica con Barings el 7 de octubre de 2025, lanzando el Invesco Dynamic Credit Opportunity Fund, un fondo de intervalo cerrado gestionado conjuntamente, centrado en crédito corporativo privado.

El negocio de mercados privados de Invesco asciende a 131 mil millones de dólares. La empresa matriz de Barings, MassMutual, tiene la intención de respaldar la asociación con 650 millones de dólares de apoyo, incluida una inversión prevista de 150 millones de dólares en el nuevo fondo. Invesco co-gestionará el fondo con Barings y mantendrá la autoridad de ejecución bajo el CIO Scott Baskind, con los gestores de cartera de Barings Matthew Freund y Michael Searles uniéndose al equipo.

Invesco (NYSE: IVZ)는 바링스와의 전략적 파트너십의 첫 이니셔티브를 2025년 10월 7일에 완료하고, 공동 운용되는 Invesco Dynamic Credit Opportunity Fund를 출시했습니다. 이는 비공개 기업 채권에 초점을 맞춘 닫힌형 간헐 펀드입니다.

Invesco의 프라이빗 마켓 비즈니스 규모는 1,310억 달러에 이릅니다. Barings의 모회사 MassMutual는 이 파트너십에 6억 5천만 달러의 지원을 포함해, 새로운 펀드에 대한 투자로 1억 5천만 달러의 투자를 계획하고 있습니다. Invesco는 Barings와 함께 펀드를 공동 운용하고 CIO인 Scott Baskind의 실행 권한을 유지하며, Barings의 포트폴리오 매니저 Matthew Freund와 Michael Searles가 팀에 합류합니다.

Invesco (NYSE: IVZ) a achevé la première initiative de son partenariat stratégique avec Barings le 7 octobre 2025, en lançant le Invesco Dynamic Credit Opportunity Fund, un fonds d'intervalle fermé géré conjointement, axé sur le crédit privé des entreprises.

L'activité de marchés privés d'Invesco s'élève à 131 milliards de dollars. La société mère de Barings, MassMutual, a l'intention de soutenir le partenariat avec 650 millions de dollars, dont un investissement prévu de 150 millions de dollars dans le nouveau fonds. Invesco pilotera le fonds aux côtés de Barings et conservera l'autorité d'exécution sous le CIO Scott Baskind, avec les gérants de portefeuille de Barings Matthew Freund et Michael Searles qui rejoindront l'équipe.

Invesco (NYSE: IVZ) hat die erste Maßnahme seiner strategischen Partnerschaft mit Barings am 7. Oktober 2025 abgeschlossen und den gemeinsam verwalteten Invesco Dynamic Credit Opportunity Fund, einen geschlossenen Intervallfonds mit Fokus auf privates Unternehmenskredit, aufgelegt.

Das Private-Market-Geschäft von Invesco beläuft sich auf 131 Milliarden Dollar. Die Muttergesellschaft von Barings, MassMutual, beabsichtigt, die Partnerschaft mit 650 Millionen Dollar zu unterstützen, einschließlich einer vorgesehenen Investition von 150 Millionen Dollar in den neuen Fonds. Invesco wird den Fonds gemeinsam mit Barings verwalten und die Ausführungsbefugnis unter CIO Scott Baskind behalten, während Barings-Portfoliomanager Matthew Freund und Michael Searles dem Team beitreten.

Invesco (NYSE: IVZ) أكملت أول مبادرة من شراكتها الاستراتيجية مع Barings في 7 أكتوبر 2025، بإطلاق Invesco Dynamic Credit Opportunity Fund المدار بشكل مشترك، وهو صندوق من النوع المختلط المغلق يركز على الائتمان المؤسسي الخاص.

يصل نشاط Invesco في الأسواق الخاصة إلى 131 مليار دولار. تعتزم الشركة الأم لـ Barings، MassMutual، دعم الشراكة بمقدار 650 مليون دولار من الدعم، بما في ذلك استثمار مقترح قدره 150 مليون دولار في الصندوق الجديد. ستشارك Invesco في إدارة الصندوق مع Barings وتحافظ على سلطة التنفيذ تحت CIO سكوت باسكيند، مع انضمام مديري المحفظة في Barings ماثيو فرويند وميخائيل سيرلز إلى الفريق.

Invesco (NYSE: IVZ)2025年10月7日 完成了与 Barings 战略伙伴关系的第一项举措,推出共同管理的 Invesco Dynamic Credit Opportunity Fund,这是一个以私营企业信贷为重点的封闭式区间基金。

Invesco 的私募市场业务总额为 1310亿美元。Barings 的控股公司 MassMutual 打算以 6.5亿美元 的支持来支持该伙伴关系,其中包括对新基金的 1.5亿美元 投资。Invesco 将与 Barings 共同管理基金,并在 CIO Scott Baskind 的执行权下保持执行权,Barings 的投资组合经理 Matthew Freund 和 Michael Searles 将加入团队。

Positive
  • MassMutual intends to provide $650 million initial support
  • MassMutual intends to invest $150 million in the new fund
  • Invesco's private markets business size: $131 billion
  • Launch of jointly managed Invesco Dynamic Credit Opportunity Fund
Negative
  • None.

Insights

Invesco and Barings launched a jointly managed private credit fund with meaningful anchor capital from MassMutual, accelerating U.S. wealth distribution.

Invesco leverages its global private credit team to co-manage the Invesco Dynamic Credit Opportunity Fund with Barings, creating a distribution pathway into private corporate credit for the U.S. wealth channel; MassMutual intends to support the partnership with $650,000,000 and to invest $150,000,000 into the fund, which signals substantial initial scaling capital and a commitment to seed product demand. The fund is positioned as a closed-end interval vehicle that dynamically allocates across private corporate credit, with Invesco retaining lead responsibility for execution under Scott Baskind and integrated portfolio managers from both firms.

Key dependencies and risks include successful portfolio implementation by the stated team, actual deployment pace of the announced $650,000,000 backing, and measurable retail adoption of private credit via the chosen product wrapper. Distribution effectiveness, fee alignment, and liquidity management for an interval fund will determine whether the offering meets the “accessibility” objective. The announcement cites progress five months after the partnership began (Oct. 7, 2025), which sets a short-term clock on early commercialization.

Watch for three concrete near-term items: realization of the stated $150,000,000 commitment into the fund and public confirmation of the remaining $500,000,000 of MassMutual support; initial fundraising and deployment rates for the fund over the next 6–12 months; and early performance and NAV disclosures that reveal credit selection and liquidity outcomes. These milestones will show whether the partnership scales as announced and whether the fund structure meets U.S. wealth client needs.

ATLANTA, Oct. 7, 2025 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, today announced the completion of the first initiative in its strategic partnership with Barings, signaling its commitment to delivering differentiated private markets solutions to investors. In its fifth month since announcing the partnership, Invesco's $131 billion1 private markets business is coming to market with the now jointly managed Invesco Dynamic Credit Opportunity Fund, a closed-end interval fund that dynamically allocates across the full spectrum of private corporate credit.

"We're pleased with the speed at which we've been able to bring our partnership with Barings to market," said Andrew Schlossberg, President and CEO of Invesco. "By combining our complementary strengths, we're accelerating our ability to meet client demand for income-oriented solutions in a rapidly evolving market."

"Five months in, our partnership with Invesco is opening new opportunities for U.S. wealth clients to access private credit – an asset class once out of reach for many," said Mike Freno, Chairman and CEO of Barings. "Together, we're delivering scalable solutions designed to meet the needs of investors as they navigate an evolving market."

Barings' parent company, MassMutual, intends to support the partnership with $650 million initially to accelerate the growth and scale of the partnership's innovative U.S. wealth management product offerings. This includes MassMutual's intention to invest $150 million in Invesco Dynamic Credit Opportunity Fund.

Invesco will continue managing Invesco Dynamic Credit Opportunity Fund alongside Barings and oversee the execution and implementation of the fund's investment strategy, led by Scott Baskind, CIO and Invesco's Head of Global Private Credit. Barings' Matthew Freund and Michael Searles have joined Mr. Baskind and other members of Invesco's Global Private Credit team as the fund's portfolio managers.

"Investors are seeking differentiated private markets strategies and greater accessibility to the asset class," continued Mr. Schlossberg. "We're seeing strong demand across private credit and real estate, and our platform is well-positioned to navigate across market cycles and deliver value to our clients."

Over the longer term, Invesco and Barings strategic product and distribution partnership will leverage both firms' capabilities to deliver multi-strategy credit offerings across a range of investment vehicles tailored to the U.S. wealth channel.

As private markets continue to evolve, Invesco remains focused on delivering scalable, income-oriented solutions. The firm's expanding capabilities in private credit and real estate underscore a broader market opportunity driven by structural shifts in capital formation and investor appetite.

About Invesco Ltd.

Invesco Ltd. is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive, and alternative investment capabilities. With offices in more than 20 countries, Invesco managed $2 trillion in assets on behalf of clients worldwide as of June 30, 2025. For more information, visit www.invesco.com.

1 As of June 30, 2025

About risk
There is no assurance that any investment or strategy will achieve its investment objective. Funds are subject to market risk , which is the possibility that the market values of securities owned by these funds will decline and that the value of fund shares may therefore be less than what you paid for them. Please be aware that these funds may be subject to certain additional risks. For complete details about the risks associated with this Fund, see the Fund's prospectus.

The Fund is a closed-end management investment company that is operated as an interval fund, and should be considered a speculative, long-term investment of limited liquidity that entails substantial risks, and you should only invest in the Fund if you can sustain a complete loss of your investment. As a result, you may receive little or no return on your investment or may lose part or all of your investment.

The Fund is suitable only for investors who can bear the risks associated with the Fund's limited liquidity. The Fund does not currently intend to list its Shares for trading on any national securities exchange. The Shares are, therefore, not readily marketable and no market is expected to develop. Liquidity for the Shares will be provided only through quarterly repurchase offers between 5% and 25% of the Shares at NAV, and there's no guarantee that you will be able to sell all of the Shares you desire to sell in the repurchase offer. As a result, you should consider an investment in the Fund to be of limited liquidity.

Before investing, investors should carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risk, charges and expenses. For this and more complete information about the funds, investors should ask their advisors for a prospectus/summary prospectus or visit invesco.com/fundprospectus.

The information in this release does not constitute a recommendation of any investment strategy or product. and should not be relied upon as the sole factor in an investment making decision. As with all investments there are associated inherent risks. This should not be considered a recommendation to purchase any investment product. This does not constitute a recommendation of any investment strategy for a particular investor.

Investors should consult a financial professional before making any investment decisions if they are uncertain whether an investment is suitable for them. Please obtain and review all financial material carefully before investing.

Note: Not all products, materials or services available at all firms. Financial professionals, please contact your home offices.

Not a Deposit l Not FDIC Insured l Not Guaranteed by the Bank | May Lose Value | Not Insured by any Federal Government Agency

Contact:

Matthew Chisum | 212-652-4368 | matthew.chisum@invesco.com


Brianna Stokes | 212-323-4588 | brianna.stokes@invesco.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/invesco-accelerates-private-markets-partnership-with-barings-302576962.html

SOURCE Invesco Ltd.

FAQ

What did Invesco announce about its partnership with Barings on October 7, 2025?

Invesco announced the launch of the jointly managed Invesco Dynamic Credit Opportunity Fund and initial partnership support from MassMutual.

How much capital is MassMutual intending to commit to the Invesco–Barings partnership?

MassMutual intends to support the partnership with $650 million initially, including an intended $150 million investment in the new fund.

What is the focus of the Invesco Dynamic Credit Opportunity Fund (IVZ)?

The fund is a closed-end interval vehicle that dynamically allocates across the full spectrum of private corporate credit.

Who will manage the Invesco Dynamic Credit Opportunity Fund for IVZ?

Invesco will co-manage the fund with Barings; Scott Baskind will lead execution with portfolio managers Matthew Freund and Michael Searles joining.

How large is Invesco's private markets business cited in the announcement?

The announcement cites Invesco's private markets business at $131 billion.

What strategic goal did Invesco highlight for the partnership with Barings?

Invesco said the partnership aims to accelerate delivery of scalable, income-oriented private markets solutions for U.S. wealth clients.
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