Eric Lloyd

Eric Lloyd

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 Fowler

Ian Fowler

President

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.

Elizabeth Murray

Elizabeth Murray

Chief Operating Officer and Chief Accounting Officer

Elizabeth serves as the Company’s Chief Operating Officer and Chief Accounting Officer and also serves as the Principal Accounting Officer of BCIC, BPCC, Barings Corporate Investors and Barings Participation Investors. She also serves as the Chief Financial Officer for Barings Global Short Duration High Yield Fund. Elizabeth previously was the Director of External Reporting for the Company and previously served as the Vice President of Financial Reporting at Triangle Capital Corporation prior to the externalization of the investment management of the Company to Barings LLC.

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.
Jonathan Landsberg

Jonathan Landsberg

Chief Financial Officer

Jonathan serves as the Chief Financial Officer for the Company and also serves as BPCC's Chief Financial Officer and Treasurer. He is also the Chief Financial Officer for BCIC, and he is a Vice President of Barings Corporate Investors and Barings Participation Investors. Jonathan has roles with several BDC-affiliated joint ventures, including as Principal of Jocassee Partners LLC, and a Board member of Banff Partners LP, Thompson Rivers LLC, and Waccamaw River LLC. Jonathan has worked in the industry since 2006.

Prior to joining Barings in 2018, Jonathan was a Fixed Income Research Analyst at Wells Fargo Securities, covering the bank and specialty finance sectors. Before Wells Fargo, he spent eight years at Merrill Lynch/Bank of America in roles across debt origination and syndicated lending.

Jonathan holds B.A. degrees in Engineering Sciences and Economics from Dartmouth College and is a member of the CFA Institute.

Christopher DeFrancis

Christopher DeFrancis

Chief Compliance Officer

Christopher DeFrancis is Barings’ Global Head of Compliance. He is responsible for overseeing the firm’s global compliance program. Christopher has worked in the industry since 2001 and his experience has encompassed securities and investment advisory matters, hedge fund and CDO formation, derivatives trading and private finance transactions. Prior to joining the firm in 2001, Christopher was an associate at Hill & Barlow, where he concentrated his practice on commercial and securities litigation. He began his legal career as a law clerk to The Honorable Sandra L. Lynch on the U.S. Court of Appeals for the First Circuit. Christopher holds a B.A. from Dartmouth College and a J.D. from the University of Pennsylvania.