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Invesco and Barings have completed the first initiative in their strategic partnership, launching the Invesco Dynamic Credit Opportunity Fund, a closed-end interval fund that dynamically allocates across private corporate credit. The fund is jointly managed by Invesco and Barings and aims to meet client demand for income-oriented solutions in a rapidly evolving market. The partnership is expected to deliver scalable solutions for U.S. wealth clients, with Barings' parent company MassMutual investing $650 million to accelerate the partnership's growth and scale.
Invesco Ltd. and Barings have completed the first initiative in their strategic partnership, launching the Invesco Dynamic Credit Opportunity Fund. This closed-end interval fund dynamically allocates across private corporate credit, aiming to meet client demand for income-oriented solutions in a rapidly evolving market. The fund is jointly managed by Invesco and Barings, with Invesco continuing to oversee the execution and implementation of the fund's investment strategy, led by Scott Baskind, CIO and Invesco's Head of Global Private Credit [1].
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