Pascal Böni is Professor of Finance at Vlerick Business School, the joint business school of KU Leuven and Ghent University in Belgium. He conducts research, teaches, and advises investors in the private markets sector and maintains an extensive database on private credit funds. In his presentation, he discusses latent data distortions in the private credit asset class that remain hidden from standard data analysis. He explains their origins and their impact on measured performance based on a recent, as-yet-unpublished study. What performance do private credit funds actually generate after adjusting for latent biases? His presentation answers this question and helps both investors and analysts professionally assess the asset class.
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Prof. Dr. Pascal Böni, Vlerick Business SchoolSpeaker:
Lutz Horstick, Ärzteversorgung Westfalen-Lippe
Andreas Kalusche, BAI e.V. | Prime Capital AGSpeaker:
Christopher Bone, Partners GroupWie Portfoliounternehmen mit klaren EBITDA-Überleitungen, definierten SFA-Adjustments und einer belastbaren Net-Debt-Sicht Vertrauen zu Kreditgebern schaffen:
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Olaf Streitenberger, DWSDirect lending has absorbed effectively all of the capital inflows in past years, while capacity in the remaining segments has not grown at the same pace. The consequence is materially less competition in other credit strategies. In the presentation we explore alternative credit strategies beyond DL, discussing drivers as well as return cases. Strategies include Healthcare, Capital Solutions / Opportunistic, and Real Estate Lending to give the audience an insight into flexible financing solutions, which will become more and more an integral part of capital structure.
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Marc Chowrimootoo, Hayfin Capital ManagementAsset-Based Finance is emerging as one of the fastest-growing segments of private credit as banks retreat from key lending markets. We will explore the opportunity set, its role in institutional portfolios, and the key considerations for manager selection in a highly diverse asset class.
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Brian Moore, Blue Owl CapitalPrivate credit has emerged as a central pillar of the European financing ecosystem, filling the gap left by traditional lenders while providing investors with differentiated risk-return characteristics. The session will discuss how market structures have evolved, where opportunities and risks are emerging, and what the future may hold for European middle-market lending.
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N.N., Ares ManagementSpeaker:
Gianpaolo Pellegrini, MuzinichInfrastrukturinvestments gelten häufig als besonders stabil und resilient – doch wie homogen ist die Anlageklasse tatsächlich aus Kreditrisikosicht? Auf Basis empirischer Ausfalldaten und aktueller Marktanalysen beleuchtet der Vortrag Risiko und Resilienz verschiedener Infrastruktursektoren. Im Fokus stehen unter anderem Energie, Versorger, digitale Infrastruktur, Transport sowie Gesundheit & Soziales.
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Dr. Benjamin Mohr, Creditreform Rating AGLegend: Keynote, Investor Presentation, Panel, Presentation