Including this latest round, Prismic has raised more than $1.5bn to date.
This latest investment follows business expansion for Federato, which reported a threefold increase in revenues over the past year.
The company posted higher revenue and net income for 9M 2025, driven by an uptick in new business and inflation-linked price adjustments.
After the sale, MassMutual will continue to hold a majority position in Barings, maintaining an 82% stake and full governance control.
