<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2021-12-20</periodOfReport>

    <issuer>
        <issuerCik>0001811972</issuerCik>
        <issuerName>Barings Capital Investment Corp</issuerName>
        <issuerTradingSymbol>NONE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001463559</rptOwnerCik>
            <rptOwnerName>Alberta Investment Management Corp</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1600-10250 101 STREET NW</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>EDMONTON</rptOwnerCity>
            <rptOwnerState>A0</rptOwnerState>
            <rptOwnerZipCode>T5J 3P4</rptOwnerZipCode>
            <rptOwnerStateDescription>ALBERTA, CANADA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001822343</rptOwnerCik>
            <rptOwnerName>PDL FL US Holdings LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ALBERTA INVESTMENT MANAGEMENT CORP</rptOwnerStreet1>
            <rptOwnerStreet2>1600 - 10250 101 STREET NW</rptOwnerStreet2>
            <rptOwnerCity>EDMONTON</rptOwnerCity>
            <rptOwnerState>A0</rptOwnerState>
            <rptOwnerZipCode>T5J 3P4</rptOwnerZipCode>
            <rptOwnerStateDescription>ALBERTA, CANADA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $0.001 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2021-12-20</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>450653.447</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>22.19</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4018679.883</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">These shares are owned directly by PDL FL US Holdings LP (&quot;PDL Holdings&quot;). PDL FL US GP Ltd. (&quot;PDL GP&quot;) is the general partner of PDL Holdings. All of the interests in PDL Holdings and PDL GP are held by Alberta Investment Management Corporation as bare trustee on behalf of its clients.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Alberta Investment Management Corp By: /s/ Jessica Reddy, Acting Chief Compliance Officer</signatureName>
        <signatureDate>2021-12-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>PDL FL US Holdings LP By: /s/ Ying Deng, Director</signatureName>
        <signatureDate>2021-12-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
