July 16, 2026

Barings Supports Financing for Warburg Pincus’ Investment in Acclime

Barings, one of the world’s leading alternative investment managers, today announced its role as an Original Underwriter in financing provided in support of Warburg Pincus’ acquisition of Acclime Limited (“Acclime” or the “Company”).  

Headquartered in Hong Kong, Acclime is a leading provider of corporate and business services across Asia Pacific, with operations across 18 markets, delivering a comprehensive suite of services across accounting, tax, HR and payroll, fund services, corporate secretarial, and risk and advisory. From its inception, Acclime differentiated itself through a partner-led model that combines deep local expertise with global standards, enabling the firm to scale rapidly while maintaining strong governance, accountability, and client focus.

Prior to the acquisition by Warburg Pincus, Barings was Acclime’s sole senior lender since August 2021, supporting the Group’s M&A strategy over this period as the platform scaled significantly through a combination of organic growth and acquisitions. During this time, Acclime has executed an ambitious and disciplined growth strategy, completing more than 50 acquisitions to build a platform spanning 18 markets, employing more than 2,000 professionals, and serving over 17,000 clients.

“This transaction underscores our continued conviction in Acclime as a leading consolidator in a structurally growing and diverse market,” said Shane Forster, Managing Director, Head of Asia Pacific Investment Management, Global Direct Lending at Barings. “Acclime has a market-leading management team with a proven track record of successfully sourcing, acquiring and seamlessly integrating complementary businesses, while driving operational synergies and sustained organic growth.”

Justin Hooley, Managing Director, Head of Asia Pacific Direct Lending at Barings, added: “Having supported Acclime as its sole senior lender since 2021, we have seen first-hand the strength of its operating model and execution capabilities. The business continues to demonstrate consistent organic growth alongside disciplined M&A, positioning it well to capitalise on ongoing consolidation opportunities across the region.”

The Acclime investment also represents Barings’ first transaction with Warburg Pincus in Asia Pacific, building on an established global relationship. “We are excited to partner with Warburg Pincus, which brings extensive global experience in building leading business services and a strong track record of building scalable growth platforms through disciplined investing,” Shane added. “Together, we are well positioned to support Acclime’s continued expansion across Asia Pacific, and we look forward to strengthening our relationship with Warburg Pincus on this and future opportunities.”

About Acclime
Acclime is an Asia-focused corporate services and professional advisory specialist trusted to deliver with speed, flexibility, and precision. Acclime has a genuine, on-the-ground presence in 18 countries employing over 2,000 professionals combining local expertise with international standards. By staying on top of regulatory changes, the firm helps its clients manage local governmental and administrative compliance issues efficiently and comprehensively. www.acclime.com

About Barings
Barings is a US$502 billion* global alternative asset manager that partners with institutional, insurance, and wealth clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual with a minority investment from MS&AD, seeks to deliver excess returns by leveraging its global scale and capabilities across credit, real assets, capital solutions and emerging markets.

*As of June 30, 2026

Media contact
Helen Sanderson
Director, Head of Australia Marketing 
helen.sanderson@barings.com

Ivy Chan (Hong Kong and Southeast Asia)
Associate Director, Marketing
ivy.hc.chan@barings.com 

Vivian Shiu
Head of APAC Marketing
vivian.shiu@barings.com

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