Barings and PM Alpha Partnership Raises $450 Million AUM from US Offshore and Latam Wealth Markets in First Two Years

London, 30th October 2025 – Private Markets Alpha (“PM Alpha”), the digital private markets infrastructure platform, today announced that its partnership with Barings has raised over $450 million in assets under management (AUM) from more than 5,000 individual investors, via over 100 US Offshore and Latin American wealth managers, within two years of launch.

PM Alpha introduced its innovative Exchange Traded Note (ETN) program in Q3 2023 to provide access to Barings’ semi-liquid private markets strategies for non-US investors. Leveraging proprietary technology to streamline access for wealth managers and their clients, the program was tailored to meet the needs of the Central and South American wealth markets, enabling efficient access to private markets.

“When Barings approached us in early 2023, there was surging demand for semi-liquid private markets strategies in Latam—yet access remained challenging for regional wealth managers accustomed to UCITS distribution frameworks. By leveraging our unique experience in both UCITS fund distribution and ETN structuring, we created an innovative, fully digital solution that brings world-class private credit exposure to a much broader group of investors. We are incredibly proud that the program is now being used by over 100 wealth managers and has resonated with more than 5,000 individual clients. We look forward to building on this success and further broadening access in the coming years.”, said Tom Douie, Founder and CEO of PM Alpha.

Joe Mazzoli, Head of Investor Relations and Client Development, BDCs at Barings, commented, “We are delighted to see Barings’ private credit strategy benefit from PM Alpha’s digital infrastructure, delivering attractive income and returns to wealth manager clients throughout the region, and beyond. This momentum reflects the strength of the partnership and the growing appetite for differentiated investment solutions.”

For more information, visit www.pmalpha.co.uk.

Issued by:

Tom Douie

Founder & CEO

PM Alpha Ltd, London