Barings Private Credit is a Other Investment Fund in North Carolina, that has raised $1.00 bn (out of $2.00 bn offered) from 73 investors, with a minimum investment of $50.00 k, for an equity fund started in May 2021. Data from SEC filing on 5 Sep 2023.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry
Former names
Barings Private Credit LLC
SEC CIK
Corporate docs
Subsidiaries
BPC Funding I LLC • BPCC Holdings, Inc. ...
Latest filings (excl ownership)
8-K
Other Events
8 Apr 24
SC TO-I/A
Issuer tender offer statement (amended)
1 Apr 24
8-K
Unregistered Sales of Equity Securities
20 Mar 24
8-K
Departure of Directors or Certain Officers
19 Mar 24
8-K
Other Events
11 Mar 24
SC TO-I
Issuer tender offer statement
1 Mar 24
SC TO-I/A
Issuer tender offer statement (amended)
25 Jan 24
8-K
Unregistered Sales of Equity Securities
24 Jan 24
SC TO-I/A
Issuer tender offer statement (amended)
2 Jan 24
8-K
Unregistered Sales of Equity Securities
20 Dec 23
Latest ownership filings
SC 13D/A
Cliffwater Corporate Lending Fund
14 Feb 24
3
MICHAEL DESIENO
9 Nov 23
3
Melissa Marie LaGrant
28 Aug 23
3
ERIC PARTLAN
22 May 23
3
Matthew Freund
12 May 23
3
Gerald Cummins
23 Feb 23
3
ASHLEE STEINNERD
23 Feb 23
SC 13D
Cliffwater Corporate Lending Fund
10 Feb 23
3
BENJAMIN TECMIRE
16 Sep 22
SC 13D/A
Cliffwater LLC
24 May 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 176.72 mm | 176.72 mm | 176.72 mm | 176.72 mm | 176.72 mm | 176.72 mm |
Cash burn (monthly) | 2.69 mm | (no burn) | 505.00 k | (no burn) | 3.29 mm | 13.49 mm |
Cash used (since last report) | 17.79 mm | n/a | 3.34 mm | n/a | 21.80 mm | 89.27 mm |
Cash remaining | 158.92 mm | n/a | 173.37 mm | n/a | 154.92 mm | 87.45 mm |
Runway (months of cash) | 59.1 | n/a | 343.3 | n/a | 47.0 | 6.5 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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