Private Debt
Investor
Investor
Germany Forum Munich 2024
15 - 16 October 2024,
Hilton Munich City Munich
Leveraging opportunities in the golden age of private debt
The 10th annual Private Debt Investor Germany Forum will connect the most influential asset allocators and funds from the DACH region and beyond at Hilton Munich City on 15-16 October.
Join over 60 institutional and private investors seeking to connect with private debt fund managers and the wider market to learn about the latest trends, explore investment opportunities and decide where to allocate their capital.
You will hear from over 70 speakers across the forum and gain unrivalled opportunities to connect with the most 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 includingMEAG Munich Re, HVB Pension Fund, European Investment Fund, YIELCO Investments, Suva, PensionDanmark, City of Zurich Pension Fund, and many more about the most robust debt strategies you should adapt in the DACH region.
Event content with value
Learn from leading investors and fund managers, and to better understand investor allocation, gain 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.
2023 Keynote included
HQ Trust
Dr. Michael Heise
Chief Economist
HQ Trust and Macroadvisors
HQ Trust’s Chief Economist shared in-depth analyses of economic and financial market development and what this means for private markets.
Dr. Michael Heise shared his experience at the event as Chief Economist for HQ Trust (Harald Quandt Family), DZ Bank, Dresdner Bank and Allianz SE.
Secure your place to save
2023 Speakers included:
Key event themes include:
- Insights on the up-take in co-investment deal flow
- How are managers navigating the downturn and viability of the asset class in the face of recession?
- Has the secondaries market finally come of age?
- Where is the next big growth area in private debt- NAV finance, opportunistic credit, venture debt?
- How is LP pressure shaping ESG integration in private debt considering today’s sustainability agenda?
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
2024 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
2024 Agenda:
View agenda page
Agenda
PDI Germany Forum 2024 - Day One - Tuesday 15th
Networking
08:00 - 08:50
Registration and coffee
Plenary
08:50 - 08:55
PDI Welcome remarks
08:55 - 09:00
Chairs opening address
Dr. Philipp Bunnenberg
Dr. Philipp Bunnenberg
Head of Alternative Markets, Bundesverband Alternative Investments e.V. (BAI)
Read bio
09:00 - 09:25
Keynote: Macro Risks
Carsten Brzeski
09:25 - 10:05
Keynote Panel: Views on Private credits ‘golden moment’
Michael Ewald,
Greg Racz
- Is this really a golden age for private credit?
- How will private credit returns be affected by the interest rate cycle?
- Where is the private credit industry currently and where is it headed?
- How have higher rates and economic uncertainty changed credit underwriting?
- How big can the asset class get and what is its status within private markets?
- How have higher rates and economic uncertainty changed credit underwriting?
- Consequences of the geopolitical climate on private markets- what does it mean for the investment environment overall as well as private credit.
Networking
10:05 - 10:10
Short break
Plenary
10:10 - 10:50
Panel: Private Credit scorecard – Strategies and Sectors Driving Growth and Scale
Olga Braun-Cangl,
Florian Hofer
- How did the asset class handle its first big macro tests in Covid and the current slowdown?
- Which regions and sectors show the greatest potential for expansion and what sectors are feeling the pinch?
- How are managers incorporating the energy transition or climate risk into investment plans?
Moderator: Olga Braun-Cangl, Senior Investment Director, Cambridge Associates
Networking
10:50 - 11:20
Networking Coffee Break
Plenary
11:20 - 12:00
LP Views: Challenges and opportunities in the Investing landscape
Hans-Peter Dohr,
Sven Gralla,
Nedelina Lazarova
- Where are LPs deploying their capital and why? Investors’ appetite (Liquid/Illiquid, PE vs Fam Owned)
- How are LPs re-evaluating their portfolios against the current downturn?
- Investment discipline of credit funds in the current environment
- How has a challenging fundraising climate influenced an uptake in co-investments?
Moderator: Hans-Peter Dohr, Founder & Managing Director, ICA – Institutional Capital Associates
12:00 - 12:40
Debate: Banks vs Direct lenders in the DACH middle market
Christophe Carassco
- To what extent are deals being financed by banks/funds in the lower mid-market? How does it compare to the rest of Europe?
- What’s the appetite for super senior?
- Is traditional senior private debt the next big growth area?
- How are private debt funds filling the gap in the low risk end of the market?
Networking
12:40 - 13:40
Networking lunch
Stream A
13:40 - 14:20
Panel: Driving forces behind the real estate debt market
- What is shaping and driving the market?
- Where is the biggest opportunity within the real estate private credit space?
14:20 - 15:00
Panel: Has the secondaries market finally come of age?
Joaquin Ardit
- How is the market positioned for future growth?
- Is there a pick up in market volume?
- What will be the catch-up effect to PE?
- What type of strategies really drive activity in mainstream unlevered senior direct lending fund stakes?
- What is the attractiveness of legacy portfolios?
Stream B
13:40 - 14:20
Panel: What’s new in Specialty finance
Matthias Unser,
Chen Xu
14:20 - 15:00
Panel: NAV financing
- What is the current opportunity set given stale PE portfolios?
- How structurally robust are NAV investments in challenging market conditions?
- How do you apply ESG in a NAV loan?
Networking
15:00 - 15:30
Networking coffee break
Plenary
15:30 - 16:10
Borrower panel: Views on the debt financing market
- What is the value proposition to borrowers in the current rising rate environment?
- What clauses in credit agreements can sponsors invoke to induce creditors to accept their restructuring proposals?
16:10 - 16:30
Institutional Investor Case study: Building exposure to private debt
16:30 - 16:35
Chair’s closing remarks
Dr. Philipp Bunnenberg
Dr. Philipp Bunnenberg
Head of Alternative Markets, Bundesverband Alternative Investments e.V. (BAI)
Read bio
16:35 - 17:15
Meet the Allocator roundtables (LP hosted roundtables)
Sven Gralla,
Dr. Harald Haas,
You-Ha Hyun,
Priscilla Schnepper,
Isil Tanriverdi Versmissen
Each roundtable will be hosted by an LP sharing their views on the below topics.
- Manager selection in a nutshell facilitated by Sven Gralla, Fund Manager Private Debt, LBBW Asset Management
- Specialty and niche strategies facilitated by You-Ha Hyun, Investment Director, Perpetual Investors GmbH
- ESG integration in private credit facilitated by Priscilla Schnepper, Senior Investment Manager Private Credit, European Investment Fund
- Co-investing capabilities facilitated by Allianz Global Investors
- Funding the energy transition facilitated by Harald Haas, Senior Investment Manager, MEAG
- Where is the Future growth of private debt?
- GP Data transparency and hidden risks in underlying assets
- Emerging strategies
- Sponsorless lending market
- Infrastructure debt facilitated by Işıl Tanrıverdi Versmissen, Head of Infrastructure Debt Transactions, MEAG
- Portfolio diversification
- Senior direct lending
17:15 - 18:15
Networking drinks
Agenda
PDI Germany Forum 2024 - Day Two - Wednesday 16th
08:00 - 09:00
Registration and coffee
Plenary
09:00 - 09:05
Chairs opening address
09:05 - 09:45
Panel: Timing the market for distress, special sits and opportunistic credit
Christoph Gort,
You-Ha Hyun,
Eugenio Sangermano
- Is opportunistic credit a misfit in the distressed/special sits bucket? Where does it belong in the credit portfolio and what are the key differentiating factors?
- With rates potentially at their peak, has the perfect moment to invest already come and gone?
- Should we expect to see an increase in distressed deal activity in the year ahead?
- How did distress work in the past and how will the distress cycle work going forward?
- Which sectors are likely to yield opportunities in 2025?
Moderator: Christoph Gort, Managing Partner, SIGLO Capital Advisors AG
09:45 - 10:05
LP Keynote Interview
Inside a notable LP’s approach to private debt allocation and views on the asset class as an alternative to equities.
10:05 - 11:05
PDI Investment Committee
David Hansen,
Dr. Gabriella Kindert,
Dr. Markus Geiger,
Marcin Leja
Investment committee simulation on stage where 3 leading GPs will present investment cases in a unique interactive format. The investment committee will look at ESG was integrated in each case and the audience will vote on the best ESG integration.
Co-Moderators: Dr. Gabriella Kindert, Independent Board Member, Neptune Leasing, a.o. and David Hansen, Head of Private Debt & Infrastructure Equity, LBBW Asset Management
Networking
11:05 - 11:35
Networking coffee break
Plenary
11:35 - 12:15
Panel: Outlook for legacy private debt portfolios
Börge Grauel
- What is the attractiveness of legacy portfolios?
- How are portfolios perceiving default risk today?
- What is the resilience of conservatively levered companies in defensive sectors vs increased risks of default
- How are top-tier firms ensuring portfolios are prepared and positioned for a downturn?
- How have investor expectations for yield or credit metrics changed in a more stressed private credit market?
- What’s next for secondary market innovation?
12:15 - 12:55
Debate: Private debt opportunities in ‘Wine drinking’ countries vs ‘beer drinking’ countries
Ian Milton,
Priscilla Schnepper
- How does the opportunity set look like in ‘wine drinking’ countries in contrast to ‘beer drinking’ countries?
- What are the key issues for issuers and investors in the region?
Moderator: Ian Milton, CEO & Founder, Mercia Capital Partners
12:55 - 13:00
Closing remarks
Networking
13:00 - 14:00
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 2024, please contact Hannah Ogun.
hannah.o@pei.group | +44 203 307 2473
2024 confirmed speakers:
Dr. Philipp Bunnenberg
Head of Alternative Markets, Bundesverband Alternative Investments e.V. (BAI)
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.
Complimentary investor passes are limited to foundations, endowments, trusts, insurance companies, single family offices, sovereign wealth funds and pension funds who are actively making fund commitments and do not engage in third-party fundraising activities or collect fees for advisory/consulting services.
Apply for a pass and a member of our team will be in touch to confirm your eligibility.
Investors at PDI Germany Forum
The forum is the largest meeting place for institutional and private investors, and other members of the private debt community in the DACH region.
Check out the benefits of joining the conference and who among your peers you will be joining. Apply for a complimentary pass for you 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
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.
Complimentary investor passes are limited to foundations, endowments, trusts, insurance companies, single family offices, sovereign wealth funds and pension funds who are actively making fund commitments and do not engage in third-party fundraising activities or collect fees for advisory/consulting services.
Apply for a pass and a member of our team will be in touch to confirm your eligibility.
Our leading advisory board in 2024
Interested in speaking at PDI Germany Forum? Please contact Hannah Ogun today.
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
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
