Executive Chairman of the Board and Chief Executive Officer
Eric is Executive Chairman of the Board and Chief Executive Officer of Barings BDC, Inc. In addition to these roles, Eric is President of Barings LLC, where he leads and manages cross-asset investment teams, corporate strategy, business development, product management, investment business management, research analytics and quant, permanent capital, special situations, and marketing and communication. Eric also works closely with all the investment teams at Barings LLC. Prior to his current role, he served as Head of Private Assets.
Eric has worked in the industry since 1990 and his experience has encompassed leadership positions in investment management, investment banking, leveraged finance and risk management. Prior to joining Barings in 2013, Eric served as Head of Market and Institutional Risk for Wells Fargo, was on Wells Fargo's Management Committee, and was a member of the Board of Directors of Wells Fargo Securities.
Before the acquisition of Wachovia, Eric worked in Wachovia's Global Markets Investment Banking division and served on the division's Operating Committee where he had various leadership positions, including Head of Wachovia's Global Leveraged Finance Group.
Eric is an Executive Sponsor of both the Veteran’s and the Out & Allies Employee Resource Groups. He holds a B.S. in Finance from the University of Virginia, McIntire School of Commerce.
Ian is President of Barings BDC, Inc. and Co-Head of Barings’ Global Private Finance Group, a member of the group’s North American Private Finance Investment Committee. He is responsible for leading a team that originates, underwrites and manages global private finance investments. Ian has worked in the industry since 1988 and his experience encompasses middle market commercial finance, including originating, underwriting and managing senior secured loans, mezzanine and co-investment transactions.
Prior to joining Barings in 2012, he was a Senior Managing Director with Harbour Group and co-founded Freeport Financial LLC where he was a member of the Executive Credit Committee and responsible for all business development and capital market initiatives. While at Freeport, he helped build the company into one of the top five non-bank affiliated middle market sponsor finance companies in the United States. Before that, Ian was Managing Director and Global Group Leader for GE Capital's Global Sponsor Finance Group.
Prior to GE Capital, he held various leveraged finance and investment positions with NationsBank and Mellon Bank. Ian holds a B.A. from the University of Western Ontario and is a member of the CFA Institute.
Chief Financial Officer and Chief Operating Officer
Prior to joining Triangle Capital Corporation in 2012, she worked in Financial Planning and Analysis for RBC Bank, the U.S. retail banking division for Royal Bank of Canada. Prior to RBC Bank, Elizabeth spent seven years at Progress Energy, Inc. and held various positions in finance, accounting and tax, most recently in Strategy and Financial Planning. Elizabeth began her career as a Tax Consultant with PricewaterhouseCoopers.
Elizabeth is a graduate of North Carolina State University where she obtained a B.S. degree in Accounting and a Master of Accounting degree. She is also a North Carolina Certified Public Accountant.
Head of Investor Relations
Prior to joining Barings (then known as Babson Capital) in 2015, Jeff worked for Bank of America and Credit Suisse in their foreign exchange departments.
Jeff holds a B.S. from the University of South Carolina and an M.S. in Finance from Villanova University and is a member of the CFA Institute.
Matthew Freund serves as the Co-Portfolio Manager for Barings BDC. He is also President of Barings Capital Investment Corporation and Barings Private Credit Corporation. Mr. Freund is also a board member for Eclipse Business Credit, a specialty lender focused on providing asset backed loans. Mr. Freund was previously a member of Barings’ Global Private Finance Group, responsible for executing, underwriting, and monitoring North American private finance investments. He has worked in the industry since 2009.
Prior to joining the firm in 2015, he worked for US Bank structuring bank loans to support leveraged buyouts for private equity sponsors. Prior to joining US Bank, Mr. Freund worked in underwriting and analytical roles at Bank of America as part of corporate and middle market coverage.
Matthew has a B.S.B.A. degree from Saint Louis University and is a member of the CFA Institute.
Prior to joining Barings, he was an investment banker at a boutique M&A firm where he advised on middle market transactions. He also worked at Banc of America Securities LLC in the restructuring advisory group. He currently serves on the investment committees for Capital Solutions, U.S. High Yield and Global Private Structured Finance. He is a member of the Board of Directors for Eclipse Business Capital LLC and Coastal Marina Holdings, LLC.
Mr. High graduated with distinction from the University of North Carolina at Chapel Hill with a B.S. in Business Administration.
Chief Compliance Officer
Gregory MacCordy, serves as the Company's Chief Compliance Officer and is a Director at ACA Group (“ACA”). Mr. MacCordy is an experienced compliance, risk and subject matter expert with over 30 years of regulatory and financial services experience. He serves as chief compliance officer or chief risk officer for SEC registered investment advisers and investment companies such as business development companies and interval funds. Prior to ACA, Mr. MacCordy worked at the U.S. Securities & Exchange Commission where he was an Industry Expert and Specialized Compliance Examiner in the Asset Management Unit (Enforcement Division) conducting enforcement investigations of investment companies, investment advisers, and mutual funds in the areas of business development companies, CLOs, private equity, hedge funds, real estate and fixed income trading. Mr. MacCordy also spent 18 years at The Teachers Insurance and Annuity Association of America-College Retired Equity Fund (TIAA) beginning as a securities analyst and ultimately becoming a Managing Director. During his time at TIAA, he was responsible for investment decisions, credit research, valuation and stress testing, regulatory filings, and the development of risk and compliance program policies and procedures. Mr. MacCordy holds a Bachelor of Science and Business Administration in Accounting from University of Missouri and a MBA in Finance from New York University Stern School of Business.
Prior to joining the firm in 2021, Albert worked in investment banking at Wells Fargo Securities, where he underwrote CLOs and leveraged lending credit facilities to numerous private credit managers. Before Wells Fargo, Albert was an analyst at Collwick Capital, a Charlotte-based multi-family office.
Albert holds a BA in Economics from Connecticut College.
Chief Legal Officer
Ashlee Steinnerd, is the Company’s Chief Legal Officer and the Head of Regulatory at Barings LLC. Ms. Steinnerd also serves as Chief Legal Officer of BCIC, BPCC, Barings Global Short Duration High Yield Fund, Barings Corporate Investors, Barings Private Equity Opportunities and Commitments Fund, and Barings Participation Investors. Ms. Steinnerd has been a member of the Barings LLC legal team since 2019, advising Barings LLC on a variety of regulatory issues.
Prior to joining Barings LLC, Ms. Steinnerd was Senior Counsel in the Securities and Exchange Commission’s Office of the Investor Advocate. Ms. Steinnerd held several roles during her tenure at the Securities and Exchange Commission between 2011 and 2019.
Ms. Steinnerd holds a B.S. in Applied International Finance and Applied International Economics from the American University of Paris, France and a J.D. from Rutgers School of Law.