Bundesverband Alternative Investments e.V. (BAI)
Investors Workshop from 08:45 - 10:15 am (Room Mistral)
Experiences of institutional investors with alternative investments with concluding discussion
Closed Door Event - Participation in the workshop only permitted to institutional investors such as representatives of foundations, insurance companies, single-family offices, pension funds or Versorgungswerke after prior registration with the BAI office.
08:55 - 09:20 AM
(Direct) investments in private debt - a sensible building block in institutional portfolios even in the current interest rate environment? (in German)
- Part 1: What is private debt and why are investments in private debt attractive for institutional investors?
- Brief introduction to the private debt asset class as well as a focus on the sub-asset classes relevant to the presentation (real estate, infrastructure and aviation) and a short presentation of the relevant characteristics in each case
- Explanation of why investments in direct private debt can be an attractive portfolio component for institutional investors even in the current environment (both from the perspective of Solvency II investors and from the perspective of investors subject to the Investment Regulation)
- Part 2: Relevant lessons learned over the last 10 years (illustrated by case studies)
- Case study for each sub-asset class to illustrate what the pitfalls of the respective sub-asset class can be (or what has happened in recent years) and what lessons investors can learn for future investments
- Part 3: Conclusion and outlook
- Relevant lessons learned
- Where are there currently particularly interesting investment opportunities and where should we be more cautious?
- Part 4: Q&A session
Maximilian Cosack, Head of Private Assets, HUK-COBURG Asset Management GmbH
9:20 - 9:45 AM
From 0 to 100+ - how do I get PE on the road? (in German)
- Part 1:
- Brief introduction to the ALH Group
- Presentation of the capital investment in 2016 - starting point for the changes in the following years with the entry into alternative assets
- Part 2:
- Process of building up a private equity portfolio
- Lessons learned and critical points in the structuring and start-up phase
- Part 3:
- How did the launch go? How is the J-curve developing?
- What are the next steps in the current environment?
Lars Körner, Senior Investment Manager, ALH Gruppe