Barings has appointed Pete Robinson as managing director and senior portfolio manager within its asset-based finance (ABF) team in Australia, as the firm scales its ABF business in the region.

Robinson, who previously worked at Challenger Investment Management, has joined the Australian ABF team, which is a specialist structured credit business that forms part of Barings’ global $60bn (£44.6bn) ABF platform.

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The business invests across the structured credit spectrum, including public and private securitised assets, warehouses and whole loans.

His appointment comes as the ABF team rebrands from Gryphon Capital Investments to Barings ABF Australia, following the acquisition of the Gryphon business by Barings in March 2023.

Robinson will work with the existing senior investment team on portfolio management and investment processes, contributing to the continued growth of the platform.

He will also join the investment committee, alongside senior portfolio managers Steven Fleming and Ashley Burtenshaw, as well as other senior members, to help strengthen governance, investment oversight and decision-making.

At Challenger Investment Management, Robinson was head of investment strategy, fixed income.

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“Pete’s appointment reflects the continued growth and evolution of Barings’ ABF platform. He brings significant experience in securitised credit and adds further depth to our senior investment team, strengthening our ability to scale the platform while maintaining the disciplined investment approach and local oversight that our clients expect,” said Fleming, managing director and senior portfolio manager at Barings.

Robinson added: “Barings has built a highly compelling global asset-based finance platform, and the Australian business has established a strong track record in structured credit. I’m excited to join the team at a time of continued growth and integration, and to contribute to the further development of the platform, supporting clients with access to a broad range of structured credit opportunities.”

The Gryphon business has expanded its presence across both institutional and wealth channels since its acquisition by Barings.

The Australian ABF business invests across the structured credit spectrum, including public and private securitised assets, warehouses and whole loans.

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