
Investor
Germany Forum Munich 2023
17 - 18 October 2023,
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.
One month to go – Secure your place today
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!
Discover your event experience
Pre-Event Resources
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
2023 Sponsors:
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:
Agenda
PDI Germany Forum 2023 - Day 1 - Tuesday 17th
Registration
Welcome Address
Chairperson’s opening remarks

Opening Panel: Private debt vs other asset classes in an inflationary market
- 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?





Panel: Dislocation, Distress & Special Sits- Is the big wave coming?
- Where are investors finding value amidst market dislocation?
- Outlook for European distressed debt
- When will patient distressed investors finally get their rewards?
Filling the void through Large cap direct lending
- 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?
Networking Break
Investor Views- what’s the asset flavour of the year?
- 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
Presentation: Mapping the Lower Mid Market - Dimensions and pitfalls in investment decision-making
Sven Gralla, Fund Manager Private Debt, Hauck Aufhäuser Lampe Privatbank AG

Panel: Seizing the Lower and mid-market direct lending opportunity set
- 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






Networking Lunch
Panel: Is specialty finance ripe with opportunity?
- 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.
Panel: How are private debt funds’ portfolios holding up in a down-turn
- 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?
Panel: Democratisation of Private Debt
- 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
Panel: The rise of sponsorless deals
- What is the opportunity set in fragmented banking markets?
- Where does the need originate come for investors focused on non sponsored segments?
- How are managers sourcing deals?
- Sponsored vs sponsorless
Moderator: Ian Milton, CEO & Founder, Mercia Capital Partners
Afternoon Networking Break
Presentation: Opportunistic Corporate Credit: Preparing for a turning credit cycle
- 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 bioFireside chat: Who’s issuing the better credits?
- 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?
Audience roundtables with drinks
- Navigating a choppier fundraising market
- 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
- Covenants in private debt
- Junior debt coming of age
- Venture debt and growth finance
Chairs closing remarks
Frank Dornseifer, Managing Director, BAI (Bundesverband Alternative Investments)

Networking reception
Agenda
PDI Germany Forum 2023 - Day 2 - Wednesday 18th
Invite only LP networking breakfast (by invitation only)
Registration
Chairperson’s Welcome Address
Keynote: Economist
Factors influencing credit macro conditions.

Presentation: The move towards sustainability in private credit
Priscilla Schnepper, Senior Investment Manager Private Credit, European Investment Fund

Panel: The expanding role of private credit in sustainability
- 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?

Alexandra Danielsson
Director of Continental Europe, RI Ecosystems, Principles for Responsible Investment (PRI)
Read bio


Short break
PDI Investment Committee
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 bioNetworking Break
Fireside chat: Asset allocation and the denominator effect
Debate: Managing credit risk in higher rates environment
- GP Best practices dealing with rising interest rates
- How are underlying portfolio companies managing?
- What are the regulatory and risk management considerations that one needs to be aware of?
- How much can you write on a margin that’s senior secured?
Closing remarks
Networking Lunch & End of Conference
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:

Veronica Bateman
Private Credit Strategist, Aksia

Olga Braun-Cangl
Senior Investment Director, Cambridge Associates

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

Mustafa Dincer
Founder and Partner, MD Advisors

Hans-Peter Dohr
Founder & Managing Director, ICA - Institutional Capital Associates

Michael Dorenfeld
Managing Director Renewables, HPS Investment Partners

Frank Dornseifer
Managing Director, Bundesverband Alternative Investments

Philipp Eglseer
Investment Professional, GIC

Nicola Falcinelli
Managing Director, The Carlyle Group

Anselm Feigenbutz
Senior Portfolio Manager, Allianz Global Investors

Brendan Foley
Director, Private Credit, Rede Partners

Christian Fritsch
Managing Partner, ELF Capital Group

Peter Gottron
Investment Director, Beechbrook Capital

Sven Gralla
Fundmanager Private Debt, Hauck Aufhäuser Lampe Privatbank AG

Börge Grauel
Managing Partner

Magnus Grufman
CIO & Managing Director, Moonfare

David Halkyard
Partner, Head of Credit Strategy, Resource Capital Funds

David Christopher Hansen
Fund Manager Private Debt, Hauck Aufhäuser Lampe Privatbank AG

Rene Hartert
Head of Direct Lending Origination (DACH), DWS

Daniel Heine
Managing Director Private Debt, Patrimonium Asset Management

Dr. Michael Heise
Chief Economist, HQ Trust and Macroadvisors

Florian Hofer
Director, Golding Capital Partners

Johan Hultner
Managing Partner, ARCOS Capital

Markus Hunold
Partner & Senior Portfolio Manager, Cheyne Capital / Cheyne Strategic Value Credit

You-Ha Hyun
Principal, Perpetual Investors

Ari Jauho
Partner, Chairman, Certior Capital

Ralf Kind
Head of Real Estate Debt, Edmond de Rothschild

Dr. Gabriella Kindert
Independent Board Member, Neptune Leasing, a.o.

Matthias Kirchgaessner
Managing Partner, PLEXUS Research GmbH

Fabian Körzendörfer
Managing Director, StepStone Group

Eric Larsson
Co-Head of Special Situations, Alcentra

Patrick Linneman
Managing Director - Direct Lending Investment Team, Blue Owl

Matthias Mathieu
Managing Partner, Bright Capital

Ian Milton
Founder & CEO, Mercia Capital Partners

Sandro Näf
Founding Partner and CEO, Capital Four

Stephen Quinn
Senior Managing Director, 17Capital

Greg Racz
President & Co-Founder, MGG Investment Group

Jan H. Reichenbach
Head of Private Debt, D/A/CH, Pictet Asset Management

James Ruane
Managing Director, Capital Solutions, International, CDPQ

Christophe Rust
Co-Head of European Credit Opportunities

Sengal Selassie
CEO

Julian S. Schickel
Founder, Managing Partner, Avellinia Capital

Priscilla Schnepper
Senior Investment Manager Private Credit, European Investment Fund

Chris Semple
Partner, US Credit, Crestline

Tom Slocock
Head of International Product Development & Structuring, iCapital

Marc Smid
Senior Portfolio Manager, Allianz Global Investors

Carina Spitzkopf
Member of Management, Private Debt Europe, Partners Group

Dominik Thienel
Head of Private Equity / Private Debt, WPV

Andy Thomson
Senior Editor, Private Debt Investor, PEI Group

James Vanek
Partner and Co-Head of Global Performing Credit at Apollo

Reed Van Gorden
Managing Director, Head of Originations, Deerpath Capital Management

Tom Van Rijsewijk
Managing Director, Macquarie Asset Management

Reji Vettasseri
Lead Portfolio Manager, DECALIA SA
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 2023
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
300+
Attendees
75+
Speakers
70+
Institutional Investors
10+
Networking hours
Previous investors that have attended include
Network with private debt's most active investors
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.
Our leading advisory board in 2023
Interested in speaking at PDI Germany Forum? Please contact Hannah Ogun today.

Hans-Peter Dohr
Founder & Managing Director, ICA - Institutional Capital Associates

Christian Fritsch
Managing Partner, ELF Capital Group

Sven Gralla
Fund Manager Private Debt, Hauck Aufhäuser Lampe Privatbank AG

Dr. Gabriella Kindert
Independent Board Member, Neptune Leasing, a.o.
