Following the integration of a group of investment houses, a new entity operating under the single name of Barings begins.

A group of investment houses will together be renamed under the venerable name of Barings following their integration by owner Babson Capital Management. The combined entity has more than $275 billion of assets under management.

Babson Capital Management has brought together four Massachusetts Mutual Life Insurance Company - aka MassMutual -  institutional affiliates, as previously announced on 9 March. Babson Capital Management, its subsidiaries Cornerstone Real Estate Advisers and Wood Creek Capital Management, and Baring Asset Management now operate as a single company under the Barings name.

"The new Barings possesses expanded depth and breadth of expertise across the global fixed income, equity, real estate and alternative asset markets," said Tom Finke, chairman and chief executive of Barings.

The expanded firm has more than 1,700 employees in 41 offices across 17 countries, and more than 600 investment professionals.

Each investment area will have dedicated leadership: Russ Morrison will lead the firm’s resident and global fixed income, equity and multi-asset strategies; Scott Brown will lead global real estate; and Anthony Sciacca will lead global alternative investments and private equity.