Michael Freno Biography and Net Worth

Insider of Barings BDC

Mike Freno is Chairman and CEO of Barings LLC, a $421+ billion (Source: Barings, December 31, 2024) global financial services firm with offices across the U.S., Europe, Australia and Asia. Mike is also Chair of the Barings Board of Directors and a member of the MassMutual Executive Leadership Team. His experience canvasses two decades on the buy-side, focusing on both equity and debt investments.

Previously, Mike served as President, overseeing Barings’ investments, sales, operations and technology organizations. He also served as Chairman of the Board of Barings BDC, Inc., (NYSE: BBDC), an external business development company managed by Barings.

Mike holds a B.A. from Furman University and an M.B.A. from Wake Forest University.

What is Michael Freno's net worth?: The estimated net worth of Michael Freno is at least $616,756.01 as of May 9th, 2024. Mr. Freno owns 71,145 shares of Barings BDC stock worth more than $616,756 as of April 6th. This net worth evaluation does not reflect any other assets that Mr. Freno may own. Learn More about Michael Freno's net worth.
How do I contact Michael Freno?: The corporate mailing address for Mr. Freno and other Barings BDC executives is 300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC, 28202. Barings BDC can also be reached via phone at (704) 805-7200 and via email at investorrelations@barings.com. Learn More on Michael Freno's contact information.
Has Michael Freno been buying or selling shares of Barings BDC?: Michael Freno has not been actively trading shares of Barings BDC over the course of the past ninety days. Most recently, on Thursday, May 9th, Michael Freno bought 27,500 shares of Barings BDC stock. The stock was acquired at an average cost of $9.73 per share, with a total value of $267,575.00. Following the completion of the transaction, the insider now directly owns 71,145 shares of the company's stock, valued at $692,240.85. Learn More on Michael Freno's trading history.
Who are Barings BDC's active insiders?: Barings BDC's insider roster includes Stephen Byers (Director), Michael Freno (Insider), Matthew Freund (President), Thomas McDonnell (VP), David Mihalick (Director), Elizabeth Murray (CFO), Thomas Okel (Director), and Albert Perley (Treasurer). Learn More on Barings BDC's active insiders.
Are insiders buying or selling shares of Barings BDC?: In the last twelve months, Barings BDC insiders bought shares 5 times. They purchased a total of 41,548 shares worth more than $404,347.12. In the last twelve months, insiders at the sold shares 1 times. They sold a total of 29,424 shares worth more than $285,412.80. The most recent insider tranaction occured on December, 13th when Director Stephen R Byers bought 8,485 shares worth more than $82,559.05. Insiders at Barings BDC own 0.5% of the company. Learn More about insider trades at Barings BDC.
Information on this page was last updated on 12/13/2024.

Michael Freno Insider Trading History at Barings BDC

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
5/9/2024	Buy	27,500	$9.73	$267,575.00	71,145
3/13/2020	Buy	2,750	$8.13	$22,357.50

Michael Freno Buying and Selling Activity at Barings BDC

Barings BDC Company Overview

Barings BDC, Inc. is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries. It specializes in mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies. It invests in manufacturing and distribution; business services and technology; transportation and logistics; consumer product and services. It invests in United States. It invests in companies with EBITDA of $10 million to $75 million, typically in private equity sponsor backed.

Today's Range

Now: $8.67

$8.60

$9.19

50 Day Range

MA: $9.89

$8.67

$10.80

2 Week Range

Now: $8.67

$8.61

$10.85

Volume

1,353,203 shs

Average Volume

440,138 shs

Market Capitalization

$913.79 million

P/E Ratio

8.34

Dividend Yield

10.94%

Beta

0.56