Global investment manager Barings acted as the sole lender in providing upsized senior secured credit facilities in excess of US$150 million in support of the continued growth of Acclime, a corporate and advisory services provider in Asia.

Headquartered in Hong Kong, Acclime operates across 14 Asia-Pacific markets and offers an extensive array of advisory and corporate services, including market entry consulting, company formation, accounting, tax, governance services and outsourced HR and payroll.

“Acclime deeply values our relationship with Barings, which has been instrumental in supporting our strong growth over the last five years,” says Martin Crawford, Acclime’s co-founder and executive chairman.

Shane Forster, Baring’s Asia-Pacific head of investment management, adds: “Acclime has a market-leading management team with a proven reputation for successfully acquiring and integrating complementary businesses. The company’s sustained collaboration with Barings will position it for future growth.”