Direct Lending and bank partnerhips – More than just term debt (GER)
Ballroom 2+3
4:00 pm - 4:30 pm
Private credit closes the financing gaps that are not addressed by traditional banks, thereby complementing the existing banking system.
Through partnerships between banks and private credit firms, complementary strengths are utilised: banks maintain their customer relationships, while private credit providers gain access to the banks' intermediary networks.
This cooperation helps to meet the financing needs of various sectors and reduces systemic risks by shifting risks from bank balance sheets to the portfolios of long-term oriented investors.
Speaker
Olaf StreitenbergerBio
Olaf Streitenberger
Olaf Streitenberger is Senior Portfolio Manager Fixed income and joined the company in 1990 and is based in Frankfurt am Main. Prior to his current role, Olaf headed the Credit Risk Portfolio Management Analytics and Tools team within the Corporate & Investment Banking division. In this function he focused on the oversight of stress test analysis, watch list process and product limit monitoring. Prior to this role Olaf worked for an independent Credit Risk rating control function "Asset Quality Review" in Frankfurt and New York. He has a degree in Banking Business ("Diplomierter Bankbetriebswirt") from Frankfurt School of Finance & Management; MBA from Duke University's Fuqua School of Business; MBA from Goethe Business School.