Private Debt
Investor
Investor
Germany Forum Munich 2023
2024
Hilton Munich City, Munich
Capturing opportunities across private debt
On 17-18 October in Munich, the Private Debt Investor Germany Forum will connect the most influential asset allocators and funds from the DACH region and beyond.
Over 60 institutional and private investors will come together to meet private debt fund managers and the wider market to learn about the latest trends, explore investment opportunities and decide where to allocate their capital.
Attendees will hear from over 70 speakers across the forum and have many opportunities to connect with active investors in Germany, Austria, and Switzerland. Join your peers at the Germany Forum for an unmissable two days of content and networking in the region.
What can you expect at the forum?
Meet institutional investors
Network with active investors in debt strategies in the DACH region, such as MEAG Munich Re, HVB Pension Fund, European Investment Fund, YIELCO Investments, Suva, PensionDanmark, City of Zurich Pension Fund, and many more.
Event content with value
Learn from leading investors and fund managers, and understand investor allocation, get practical guidance on co-investment strategies, hear about the evolving real asset debt opportunities in Europe, and how to continue ESG and impact integration.
Build your private debt network
Connect in-person during roundtable discussions, networking breaks, panel Q&As, invite-only breakfasts and at our evening drinks reception. Build lasting relationships and compare best practices with your peers.
Meet our keynote from
HQ Trust
Dr. Michael Heise
Chief Economist
HQ Trust and Macroadvisors
Hear from HQ Trust’s Chief Economist as he shares in-depth analyses of economic and financial market development and what this means for private markets.
Dr. Michael Heise will share his experience at the event as Chief Economist for HQ Trust (Harald Quandt Family), DZ Bank, Dresdner Bank and Allianz SE.
Last chance to secure your place
2023 Speakers:
Key event themes include:
- Understanding institutional investors’ allocation approaches and their manager selection processes
- Examining the emerging strategies in private debt for 2024 and beyond
- The evolution of private debt in the ESG journey, democratisation, and the rise of specialty finance
- Managing credit risks and the regulatory landscape during the volatile markets
- Discovering opportunities in Large Cap direct lending, and the lower and middle markets.
Apply for a complimentary Institutional Investor pass
A limited number of complimentary passes are available for eligible allocators and institutional investors to join the event.
To qualify for a complimentary pass, you must meet the eligibility criteria in representing a pension fund, insurance company, sovereign wealth fund, private wealth manager, foundation, endowment, family office or corporate investment division.
Apply for a pass and a member of our team will be in touch to confirm your eligibility.
Testimonials from attendees
BNY Mellon
Silvia Mischel, Director Institutional Sales
This is the best private debt conference in Germany, a must for GPs and LPs.
Apolis S.A.M
Ilya Gertsberg, Managing Director and CIO
Intimate experience, frank exchange, highly approachable participants
Prime Capital
Toni Quittschalle, Head of Manager Selection
Great to finally meet industry experts again in a not too big conference format!
Our leading advisory board in 2023
Interested in speaking at PDI Germany Forum? Please contact Hannah Ogun today.
Trending topics shaping the private debt markets
For more information on the event, please contact Hannah Ogun.
hannah.o@pei.group | +44 203 307 2473
2023 Agenda:
View agenda page
Agenda
PDI Germany Forum 2023 - Day 1 - Tuesday 17th
08:00 - 08:45
Registration
Plenary
08:45 - 08:50
Welcome Address
08:50 - 08:55
Chairperson’s opening remarks
Frank Dornseifer
08:55 - 09:40
Opening Panel: Private debt vs other asset classes in an inflationary market
Greg Racz ,
Eugenio Sangermano,
Tom Van Rijsewijk,
Börge Grauel,
Dr. Gabriella Kindert
- Where within the broader spectrum of private credit does opportunity exist?
- Are LPs convinced of the benefits of the asset class?
- What’s the relative value between different asset classes. How does PD fare in this climate compared to real estate, infra etc.
- How are firms handling a challenging fundraising environment?
09:40 - 10:20
Panel: Dislocation, Distress ＆ Special Sits- Is the big wave coming?
Veronica Bateman,
You-Ha Hyun,
Eric Larsson,
Jordan Kitchen,
Michael Anderson,
Chrysanth Herr
- Where are investors finding value amidst market dislocation?
- Outlook for European distressed debt
- When will patient distressed investors finally get their rewards?
10:20 - 11:00
Filling the void through Large cap direct lending
Philipp Eglseer,
Patrick Linneman,
Alexander Bode,
James Vanek,
Christine Weis
- Lead sole lender positions vs club deals
- Will the window of opportunity to fund larger credits close with the return of the loans and bonds markets?
- How is the growing funding gap for large cap LBOs presenting opportunities for direct lenders and where does this leave the banks?
- What is the implications of the SVB collapse on alternative lenders?
11:00 - 11:30
Networking Break
Plenary
11:30 - 12:10
Investor Views- what’s the asset flavour of the year?
Olga Braun-Cangl,
Florian Hofer,
Marc Smid,
Dominik Thienel
- How is LP/ Investor appetite and how has the high interest rate environment affected their views.
- How are investors differentiating managers across this cycle through specialisation, origination etc?
- Will private credit continue to be the favoured financing route once liquid loan and bond issuances return?
- How have investor priorities shifted- are commitments on hold?
Moderator: Olga Braun-Cangl, Senior Investment Director, Cambridge Associates
12:10 - 12:25
Presentation: Mapping the Lower Mid Market - Dimensions and pitfalls in investment decision-making
Sven Gralla
Sven Gralla, Fund Manager Private Debt, Hauck Aufhäuser Lampe Privatbank AG
12:25 - 13:05
Panel: Seizing the Lower and mid-market direct lending opportunity set
Brendan Foley,
David Christopher Hansen,
Matthias Mathieu,
Sandro Näf,
Chris Semple,
Carina Spitzkopf
- Funds vs banks- what’s the relationship today? How has it evolved and how do funds compete?
- Is there an increased demand for unitranche financing?
- How vast is the Mittelstand market opportunity?
- Are banks getting more aggressive in the lower end of the market?
Moderator: Brendan Foley, Director, Private Credit, Rede Partners
13:05 - 14:05
Networking Lunch
Stream A
14:05 - 14:40
Panel: Is specialty finance ripe with opportunity?
Stephen Quinn,
James Ruane ,
Johnnie Barnett,
Robert Meyer zu Starten,
Hazem Rasbeih
- Why are niche markets so attractive to investors right now?
- Do higher returns mean higher risk in this segment of the market and are investors being compensated for the risk?
- Opportunities across ABL, bridge financing, aviation, royalties, NAV financing.
14:40 - 15:15
Panel: How are private debt funds’ portfolios holding up in a down-turn
Rene Hartert,
Ralf Kind,
Jan H. Reichenbach
- What will happen to existing unitranche loans in the market as we enter a downturn?
- How has the market dislocation shown the ability of managers to support companies through a downturn.
- How will direct lenders support borrowers with dividend recaps, refinancing and growth capital deals. Are refinancings heating up the market?
Stream B
14:05 - 14:40
Panel: Democratisation of Private Debt
Andy Thomson,
Fabian Körzendörfer,
Tom Slocock,
Pavel Ermoline
- How to offer high net worth individuals access to direct lending products.
- How have new avenues to the asset class opened?
- What are the potential roadblocks to retail investor adoption?
Moderator: Andy Thomson, Senior Editor, Private Debt Investor
14:40 - 15:15
Panel: How are private debt funds’ portfolios holding up in a down-turn
James Newsome,
Jan H. Reichenbach,
Rene Hartert,
Ralf Kind
- What will happen to existing unitranche loans in the market as we enter a downturn?
- How has the market dislocation shown the ability of managers to support companies through a downturn.
- How will direct lenders support borrowers with dividend recaps, refinancing and growth capital deals.
- Are refinancings heating up the market?
14:40 - 15:15
Panel: The rise of sponsorless deals
Ian Milton,
Ari Jauho,
Christophe Rust,
Christian Fritsch
- What is the appeal of non-sponsored deals for investors and borrowers?
- How are managers sourcing deals and do they compete with banks?
- How does a manager’s skillset differ to sponsored transactions?
- Does sponsorless mean riskier?
Moderator: Ian Milton, CEO & Founder, Mercia Capital Partners
15:15 - 15:45
Afternoon Networking Break
Plenary
15:45 - 16:05
Presentation: Opportunistic Corporate Credit: Preparing for a turning credit cycle
Cecile Davies
- What is driving the opportunity set for flexible capital providers?
- How to capitalize on corporate opportunities thru market cycles
- Outlook for public and private opportunities
Cecile Davies
Executive Vice President, Portfolio Manager - Private Strategies Alts Credit, PIMCO Europe GmbH
Read bio
16:05 - 16:40
Fireside chat: Who’s issuing the better credits?
Matthias Kirchgaessner,
Reji Vettasseri,
Nicola Falcinelli,
Natalie Garcia
- Deal activity in Large cap vs lower mid market
- How selective are managers when looking at deals?
- What’s shaping underwriting and how do managers consider leverage levels?
- Credit characteristics- are they the same? How do the documentation and covenants differ?
16:40 - 17:30
Audience roundtables with drinks
Jan H. Reichenbach,
Anselm Feigenbutz,
Helene Schutrumpf,
Ralf Kind,
Lisa Crass,
William Guemar
- Navigating a choppier fundraising market facilitated by Helene Schutrumpf, Director, AURELIUS
- Impact of amend-and-extend facilitated by Jan Reichenbach, Head of Private Debt, DACH, Pictet Asset Management
- Market for private debt secondaries facilitated by Anselm Feigenbutz, Senior Portfolio Manager, Allianz Global Investors
- The real estate debt opportunity facilitated by Ralf Kind, Head of Real Estate Debt, Edmund de Rothschild Real Estate Investment Management
- Integrating ESG into infrastructure debt investments facilitated by William Guemar, HPS Investment Partners
- The role of Private Debt in the Energy transition facilitated by Lisa Crass, Senior Vice President, Macquarie
17:30 - 17:35
Chairs closing remarks
Frank Dornseifer
Frank Dornseifer, Managing Director, BAI (Bundesverband Alternative Investments)
17:35 - 18:30
Networking reception
Agenda
PDI Germany Forum 2023 - Day 2 - Wednesday 18th
08:00 - 08:55
Invite only LP networking breakfast (by invitation only)
Daniel Roddick
08:00 - 08:55
Registration
Plenary
08:55 - 09:00
Chairperson’s Welcome Address
09:00 - 09:25
Keynote: Economist
Dr. Michael Heise
Factors influencing credit macro conditions.
09:25 - 09:45
Presentation: The move towards sustainability in private credit
Priscilla Schnepper
Priscilla Schnepper, Senior Investment Manager Private Credit, European Investment Fund
09:45 - 10:25
Panel: The expanding role of private credit in sustainability
Alexandra Danielsson,
Mustafa Dincer,
Michael Dorenfeld,
David Halkyard,
Toby Barnes
- Filling the capital gap in energy transition as banks retreat
- The contrasting landscapes of US and Europe in energy transition private credit
- How do the return driven objectives of funds align with ESG priorities?
- Sustainability linked loans- Can they really bring about a significant change in practices and drive value?
Moderator: Toby Barnes, Associate, Campbell Lutyens
Alexandra Danielsson
Director of Continental Europe, RI Ecosystems, Principles for Responsible Investment (PRI)
Read bio
10:25 - 10:40
Short break
Plenary
10:40 - 11:40
PDI Investment Committee
Dr. Gabriella Kindert,
Matthias Kirchgaessner,
Daniel Heine,
Julian S. Schickel,
Markus Hunold
Our PDI Investment Committee takes a look at three investment case studies from leading GPs in this unique interactive format.
Moderators: Dr. Gabriella Kindert, Independent Board Member, Neptune Leasing, a.o. and Matthias Kirchgaessner, Managing Partner, Plexus Research
Markus Hunold
Partner & Senior Portfolio Manager, Cheyne Capital / Cheyne Strategic Value Credit
Read bio
11:40 - 12:05
Networking Break
Plenary
12:05 - 12:25
Fireside chat: Asset allocation and the denominator effect
Hans-Peter Dohr,
Maria Leitzbach
12:25 - 13:05
Debate: Managing credit risk in higher rates environment
Peter Gottron,
Johan Hultner,
Sengal Selassie,
Ian Milton,
Adriana Oller
- How are portfolio companies performing in a rising rates environment?
- What trends are you seeing and how do they differ from the pre-rise environment? eg in lending margins and other criteria
- GP Best practices dealing with rising interest rates. What are the risk management considerations that one needs to be aware of?
- How do sponsored and sponsorless situations compare and contrast in the new rates environment?
13:05 - 13:25
Closing remarks
13:25 - 14:25
Networking Lunch ＆ End of Conference
Discover your event experience
Pre-Event Resources
View key insights from the conference
Post-Event Resources
pdf
Day 1: Presentation: Mapping the Lower Mid Market - Dimensions and pitfalls in investment decision-making
By Sven Gralla, Hauck Aufhäuser Lampe Privatbank AG
Join us again in 2024
7- 8 March, 2024
Marina Bay Sans Singapore
Connecting APAC and global private debt markets
Unmatched networking only at Germany Forum
10+ hours of networking
Connect with familiar faces and meet with investors who are actively looking to expand their debt allocations. A series of networking programme including coffee breaks, lunch, and receptions will allow you to create meaningful connections.
6 Investor-led sessions
Understand investors’ sentiment towards different debt strategies and how their priorities have shifted during the changing market environment. An investor-only breakfast meeting will provide an intimate setting for knowledge and insight-sharing.
Interactive & Insightful
Join thematic roundtables with like-minded leaders from across the DACH region to discover new opportunities and solutions to your pressing questions.
Year-on-year attending investors include:
Our networking at a glance
17/10/23
Networking receptions & breaks
Navigating a choppier fundraising market, the impact of amend-and extend, privagte debt secondaries market, and much more facilitied by a group of thought-leading private debt allocators and ivnestors.
18/10/23
PDI Investment Committees
Deep dive into three investment case studies from leading GPs in this unique interactive format.
Our attendee breakdown
Apply for a complimentary Institutional Investor pass
The PDI Germany Forum provides an unrivalled platform for institutional investors and allocators investing in private debt to gather.
A limited number of complimentary passes are available for eligible allocators and institutional investors to join the event. To qualify for a complimentary pass, you must meet the eligibility criteria in representing a pension fund, insurance company, sovereign wealth fund, private wealth manager, foundation, endowment, family office or corporate investment division.
Apply for a pass and a member of our team will be in touch to confirm your eligibility.
Investors at PDI Germany 2024
The forum is the largest meeting place for institutional and private investors, and other members of the private debt community in Europe.
Check out the benefits of joining the conference and who among your peers you will be joining. Apply for a complimentary pass for your or your team today.
What to expect?
Network with your peers
Enrich your network, build lasting relationships, and exchange valuable perspectives with your investor peers through investor-only breakfasts, networking breaks, lunches and much more.
Gain expert insights
Hear from our industry-leading speaker line-up, discover the latest trends and stay aligned with future innovations in the market.
Explore opportunities
Discover remarkable investment opportunities in emerging sectors including mid market, corporate credit, the CLO market and more.
Meet with the best and brightest funds
Connect and arrange one-to-one meetings with the biggest private debt managers in the market.
What to expect on the event day
200+
Attendees
75+
Speakers
60+
Institutional Investors
10+
Networking hours
Apply for a complimentary Institutional Investor pass
A limited number of complimentary passes are available for eligible allocators and institutional investors to join the event.
To qualify for a complimentary pass, you must meet the eligibility criteria in representing a pension fund, insurance company, sovereign wealth fund, private wealth manager, foundation, endowment, family office or corporate investment division.
Apply for a pass and a member of our team will be in touch to confirm your eligibility.
Meet our thought-leading speakers
Download the agenda to see all the trending topics shaping today’s private debt markets.
For more information on speaking in 2023, please contact Hannah Ogun.
hannah.o@pei.group | +44 203 307 2473
2023 confirmed speakers:
Alexandra Danielsson
Director of Continental Europe, RI Ecosystems, Principles for Responsible Investment (PRI)
Cecile Davies
Executive Vice President, Portfolio Manager - Private Strategies Alts Credit, PIMCO Europe GmbH
Raise your profile amongst the private debt community
Private Debt Investor hosts industry-leading events for global private debt and credit professionals. The networking events connect leading investors and fund managers to drive the asset class forward. Sponsorship gives you:
- VIP access
- Thought-leadership opportunities
- High-profile branding
- And much more…
For more information on available sponsorship opportunities, please fill in the enquiry form. Or contact Beth Piercy, Global Business Development Director – Private Debt.
beth.p@pei.group | +44 20 7566 5464
