/Investor DB

Barings BDC — Full Portfolio

10 tracked investments · listed companies and verified rows first

Accelerantaccelerant.aiin𝕏NYSE: ARXJun 2023 · $150M

Accelerant is a data-driven marketplace that connects specialty insurance underwriters with capital providers through proprietary AI and analytics.

AI & Machine LearningData & InfrastructureFintechInsurTechSaaS

Jeff Radke(Founder)inChristopher Lee-Smith(Global Head of Distribution, Director and Co-Founder)in

Co-investorsAltamont Capital PartnersMS&AD VenturesEldridge

Bridger Aerospacebridgeraerospace.comNASDAQ: BAER

Bridger Aerospace provides aerial firefighting and special mission services aimed at protecting lives, property, infrastructure, and the environment from wildfires.

Climate TechDefense TechHardware

Sam Davis(President and Chief Executive Officer)inAdolphus “Bill” Andrews(Chief Operating Officer)inAnne Hayes(Chief Financial Officer)

Co-investorsVillage GlobalBain CapitalBlackstone

Martello Remartellore.comin✓ verified

Martello Re is a reinsurance firm that supports life and annuity insurers by providing access to capital and investment capabilities to help them grow profitably and meet policyholder obligations.

FintechInsurTechCharlotte, US

Matthew Kabaker(Director)Taylor Bodman(Director)Eric Hoffman(Director)Jeffrey Meskin(Director)Dennis Ho(Chief Executive Officer)Ellen Conlin(Director)

Co-investorsCenterbridge Partners, L.P.Real Tech Capital

Armstrong Transport Grouparmstrongtransport.cominJul 2026

Armstrong Transport Group is a logistics and freight brokerage company that manages transportation operations and relationships between carriers, shippers, and freight providers.

B2B MarketplacesLogistics & Supply ChainCharlotte, US

Cameron Ramsdell(Chief Executive Officer)inDavid Morris(CFO and EVP of Agent Recruiting)inVamsi Tirnati(Chief Technology Officer)inDerrick Howk(Chief Operating Officer)Emily Chiarizia(General Counsel)in

Co-investorsCarousel

Biocompositesbiocomposites.comin𝕏

Biocomposites develops and manufactures calcium-based and medical-grade polymer composite devices used in orthopaedic surgery, including products designed for use in the presence of infection.

BiotechHealthtechMedical DevicesNew MaterialsKeele, GB

Co-investorsAdams Street PartnersTA Associates

FLX Networksflxnetworks.comin𝕏Nov 2022 · $10M

FLX Networks operates a membership platform connecting asset management and wealth management firms, offering networking, investment insights, analytics, distribution services, event management, and marketing/PR tools through a single agreement.

Enterprise SoftwareFintechSaaS

Brian Moran(Founder & CEO)inKevin Barresi(Chief Technology Officer)in

Co-investorsDaybreak Partners

Northstar Recycling Companynorthstarrecycling.comin𝕏Oct 2021

Northstar provides managed waste and recycling programs for furniture and home product manufacturers, handling diverse material streams and vendor coordination to improve landfill diversion and cost control.

Advanced ManufacturingCircular EconomyCleantechEnterprise SoftwareImpact & Social GoodLogistics & Supply ChainLittle Falls, US

Seth Goodman(Chief Executive Officer)inNoah Goodman(President)in

Co-investorsRidgemont Equity

Operasanoperasan.de

operasan is a German company that operates nephrology and dialysis centers, providing outpatient treatment for patients with kidney disease across 30 locations.

Digital HealthHealthtech

Co-investorsDBAGDeutsche Beteiligungs AG

Permaconnpermaconn.comin

Permaconn provides fire alarm management and signalling systems designed for remote and hard-to-reach locations in Australia, offering self-managed solutions with dual connectivity redundancy to ensure system reliability.

Cloud ComputingEnterprise SoftwareHardwareIoTSaaSAustralia, AU

Co-investorsFive V Capital

Rightslinerightsline.cominJul 2026

Rightsline provides a cloud platform for managing rights and royalties, serving businesses in industries such as publishing and media/entertainment studios.

Enterprise SoftwareMedia & EntertainmentSaaS

Rob Delf(Founder)in

Co-investorsKlass CapitalHg Capital

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.