<SEC-DOCUMENT>0001104659-22-045995-index.html : 20220414
<SEC-HEADER>0001104659-22-045995.hdr.sgml : 20220414
<ACCEPTANCE-DATETIME>20220414160336
ACCESSION NUMBER:		0001104659-22-045995
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20220414
DATE AS OF CHANGE:		20220414
GROUP MEMBERS:		ARES CAPITAL MANAGEMENT III LLC
GROUP MEMBERS:		ARES ENHANCED CREDIT OPPORTUNITIES INVESTMENT MANAGEMENT II, LLC
GROUP MEMBERS:		ARES ENHANCED CREDIT OPPORTUNITIES MASTER FUND II, LTD.
GROUP MEMBERS:		ARES ENHANCED LOAN INVESTMENT STRATEGY ADVISOR IV GP, LLC
GROUP MEMBERS:		ARES ENHANCED LOAN INVESTMENT STRATEGY ADVISOR IV, L.P.
GROUP MEMBERS:		ARES HOLDCO LLC
GROUP MEMBERS:		ARES INCOME OPPORTUNITY FUND, L.P.
GROUP MEMBERS:		ARES MANAGEMENT CORP
GROUP MEMBERS:		ARES MANAGEMENT GP LLC
GROUP MEMBERS:		ARES MANAGEMENT HOLDINGS L.P.
GROUP MEMBERS:		ARES MULTI-ASSET CREDIT STRATEGIES FUND LP
GROUP MEMBERS:		ARES PARTNERS HOLDCO LLC
GROUP MEMBERS:		ARES VOTING LLC

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Barings BDC, Inc.
		CENTRAL INDEX KEY:			0001379785
		IRS NUMBER:				061798488
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-85574
		FILM NUMBER:		22827226

	BUSINESS ADDRESS:	
		STREET 1:		300 SOUTH TRYON STREET
		STREET 2:		SUITE 2500
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28202
		BUSINESS PHONE:		(704) 805-7200

	MAIL ADDRESS:	
		STREET 1:		300 SOUTH TRYON STREET
		STREET 2:		SUITE 2500
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Triangle Capital CORP
		DATE OF NAME CHANGE:	20061101

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARES MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001259313
		IRS NUMBER:				010605583
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-201-4100

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS
		STREET 2:		12TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>tm2212600d2_sc13g.htm
<DESCRIPTION>SC 13G
<TEXT>
Document 1 - file: tm2212600d2_sc13g.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tm2212600d2_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
Document 2 - file: tm2212600d2_ex99-1.htm

</DOCUMENT>
</SEC-DOCUMENT>