The former chief investment officer and executive vice president of MassMutual, Thomas Finke oversaw the merger that created Barings LLC. Now the CEO and chairman of Barings, Mr. Finke and his investment team manage more than $300 billion in assets. Dedicated to helping his community, Thomas (Tom) Finke belongs to the capital campaign committee of Davidson College.A liberal arts college in North Carolina, Davidson initiated “The Game Changers: Inspiring Leaders to Transform the World” in 2014. The campaign’s goal was to raise $425 million by June 2019. As of June 2018, the college's goal has been met. However, three of the campaign’s goal categories are still lacking. These categories are community of excellence, which has been 96-percent funded; scholarships, which has been 90-percent funded; and preparing students to lead, which has been 65-percent funded.One of the college’s recent fundraisers, #AllInforDavidson, brought more than $1.8 million in donations. The event was held April 18, 2018, for a total of 18 hours and 37 minutes. This amount of time was set to mark 1837, the year in which Davidson College was founded.
For more than three decades, Thomas Finke has been working in the investment and banking industries. He previously worked as the vice president of Bear Stearns and as the chief investment officer of MassMutual. Now the CEO and chairman of Barings LLC, Thomas (Tom) Finke was instrumental in the successful merger that created Barings several years ago.Company mergers come in five common types:1. Conglomerate - When two companies that operate in completely different industries merge. Mixed conglomerates involve companies that seek market or product extensions, while pure conglomerates involve firms with nothing in common.2. Vertical - When the companies involved work within the same supply chain but at different levels of the supply chain. For example, one company handles production while the other handles distribution.3. Market extension - When the purpose is to give the merging companies a larger client base and market. The companies usually sell the same product but to different markets.4. Horizontal - When the companies involved are in the same industry, are in direct competition, and offer the same product or service.5. Product extension - When the companies involved operate in the same market. The products or services they offer are different but related.
