Agenda of BAI AIC 2019

Day 1, Tuesday, May 14, 2019

from 8:15am

Registration and breakfast snacks

Room Meridian

9:00 - 9:15am

Opening Speech*

Achim Pütz, Chairman, BAI e.V.
Rolf Dreiseidler, Co-Chairman, BAI e.V.

Moderator: Frank Dornseifer, Geschäftsführer, BAI e.V.

9:15 - 10:00am

Investors Keynote*
Sustainability in Capital Investment
Michael Dittrich, Head of Finance and Administration, Deutsche Bundesstiftung Umwelt (DBU)

10:00 - 10:30am

Establishment and management of an optimal Private Equity / Private Debt portfolio - return-optimized and risk-adjusted (Member Slot 1)

  • Using big data to identify macroeconomic change as an opportunity, not as a risk
  • How differentiate value drivers in USA, Europe and Asia?
  • Manage risks through portfolio monitoring until the operational level
  • The new danger from systematic market risks - protection through a focused portfolio construction

Break Out Session I** (Rooms Mistral, Okzident, Orient)

10:35 - 11:05am (room Mistral)

Alternative Risk Premiums: Macroeconomic influences on dynamic allocation in ARP portfolios (working title)
Florian Ielpo, Ph.D., Head of Macroeconomic Research, Unigestion

10:35 - 11:05am (room Orient)

Opportunities in the sector of alternative investments for institutional investors (working title)
AXA Investment Managers

10:35 - 11:05am (room Okzident)

Turning point on the interest rate markets? Long-short fixed income in response to the current market environment (working Title)
Natixis Investment Managers

11:05 - 11:45am

Coffee Break (Foyer)

Room Meridian

11:45 - 12:45pm

Panel 1 about ESG

Michael Dittrich, Head of Finance and Administration, Deutsche Bundesstiftung Umwelt (DBU)
Ralph Kretschmer, Founder & Managing Partner, EBG Investment Solutions AG

Moderation: N.N.

12:45 - 1:15pm

Performance measurement in Private Equity (Member Slot 2)

  • New approaches, overview and new challenges

1:15 - 2:25pm

Lunch, sponsored by

Break Out Session II** (Rooms Mistral, Okzident, Orient)

2:25 - 2:55pm (room Mistral)

Legal and fiscal trends in accounts for alternative assets of institutional investors (working title)
P+P Pöllath+Partners

2:25 - 2:55pm (room Okzident)

US Real Estate Debt: Outlook and Opportunities (Working Title)
Ares Management

2:25 - 2:55pm (room Orient)

Effective use of private market investments for institutional investors in the current market environment (Working Title)

Room Meridian

3:00 - 3:30pm

Participation in a foreign Private Equity-Fund - Tax pitfalls (Member Slot 3)

  • Typical investmentstructures of the tax consulting practice
  • Typical problems of the Taxation of Private Equity-Fonds
  • Procedural issues
3:30 - 4:00pm

Riskmanagement of investments in infrastructure (Member Slot 4)

  • What will become of the investments when interest rates rise?
  • Is it realistic that currently purchased private equity investments can later be turned into a viable exit?
4:00 - 4:30pm

Coffee-break (Foyer)

Break Out Session III** (Rooms Mistral, Okzident, Orient)

4:30 - 5:00pm (room Mistral)

Liquid Real Assets - Smart access to a generally illiquid alternatives asset class

  • Liquid Real Assets ("LRAs") provide investors a liquid and diversified access to real estate, infrastructure and commodities
  • Diversification across regions, business models and years of construction
  • Possibility to invest your own capital immediately
  • Customized solutions even with lower investment volumes (compared to illiquid assets)

DWS International GmbH

4:30 - 5:00pm (room Okzident)

Private Equity Investments in Asia (working title)
Schroder Adveq

4:30 -5:00pm (room Orient)

Mid-Market Infrastructure Equity in Europe (working title)
Intermediate Capital Group (ICG)

Room Meridian

5:05 - 5:45pm

Use and quality of financial modeling in capital investment
Prof. Dr. Rudi Zagst, Professor and Head of the Chair for Financial Mathematics, Head of ERGO Center of Excellence in Insurance at TUM


Résumée of conference day 1

afterwards until 9:00pm (room Mistral/Foyer)

Get together, sponsored by

with a speech (45 minutes) by Henry Maske, Olympic champion, IBF- world champion, athlete of the year, boxer of the year; BAMBI-awardee and winner of the golden camera.

With finger food and drinks in the foyer until 9:00pm.

From 8:00pm

After Conference Drinks, sponsored by CAIA Association
Location: Skybar, Hotel Roomers, Frankfurt

From 8:00pm

Investors Dinner, sponsored by

Dinner guests: Our key note speakers and Henry Maske.
Closed Door Event - Please note that only institutional end investors (pension funds, endowments, pension companies, insurance companies, single family offices) and a limited number of representatives of our goldsponsors/ our dinner sponsor are allowed to attend the investor dinner. Please make sure to register at the BAI Office before the conference begins. No access is granted without prior approvement by BAI administration.

Day 2, Wednesday, May 15, 2019

9:00 - 10:30am

Breakfast and Workshop for institutional end investors (no translation service available) - room Mistral

Closed Door Event - Participation in the workshop is only allowed for institutional end investors (endowments, insurance companies, pension companies, single family offices, pension funds). Registration prior to the event is required.

From 10:00am

Registration and breakfast snacks

Room Meridian

Moderation: Frank Dornseifer, Managing Director, BAI e.V.

10:10 - 11:00am

Key note
Low interest rate policy from the microeconomic point of view*
Prof. Dr. Aloys Prinz, Professor of Economics at University Münster, Head of the Institute for Public Finance

Break Out Session IV** (Rooms Mistral, Okzident, Orient)

11:35am - 12:05pm (room Mistral)

How (not) to succeed in Alternative Investments – lessons from over 10 years of structuring

  • Typical questions surrounding the launch of alternative investment funds
  • (None) success factors
  • Case studies

Dr. Sofia Harrschar, Executive Director and Head of Alternative Investments – Real Assets, Universal-Investment-Gesellschaft mbH

11:35am - 12:05pm (room Okzident)

Alternative Risk Premiums (working title)
Berenberg - Joh. Berenberg, Gossler & Co. KG

11:35am - 12:05pm (room Orient)

A look at the private equity market in the EU - development, trends, client experience, expectation. From the perspective of a depositary. (working title)

Room Meridian

12:10 - 12:40pm

Market-neutral and uncorrelated strategies: Possibilities and limits in the implementation (Mitgliederslot 5)

  • Can market-neutral strategies really be uncorrelated?
  •  Establishment of an efficient incentive and cost model

12:40 - 2:00pm

Lunch, sponsored by

2:00 - 3:00pm

Investors' Panel*

Frank Egermann, Head Portfolio Management, BVV

Moderation: Rolf Dreiseidler, Co-Chairman, BAI e.V.

3:00 - 4:00pm

Liquid Alternatives – Variety of alternative investment strategies for the institutional portfolio (Member Slot 6)

  • Market, product and strategy overview - What are those alternatives and why are they useful?
  • Integration of Smart Beta/Factor-strategies and Long/Short-Approaches
  • Solvency II Integration and related problems
  • Target return and risk-budget restrictions
  • Building a multi-asset / multi-strategy portfolio
3:15 - 4:00pm

Key note*
Efficiency and Stability of Financial Systems: The Systemic Perspective

Prof. Dr. Hans-Peter Burghof, Chair for Banking and Financial Services, University of Hohenheim




Résumée of BAI AIC 2019