9:00 - 9:15 a.m.
Welcome and opening remarks
Dr. Philipp Bunnenberg, Head of Alternative Markets, BAI e.V.
9:15 - 10:00 a.m.
Keynote speech: The Federal Republic under construction – and the world is watching: financial markets, infrastructure and global dynamics
Edgar Walk, Chief Economist, Metzler Asset Management
10:00 - 10:30 a.m.
Co-investments as direct access to infrastructure assets, opportunities, risks and current trends
- Infrastructure co-investments – market overview and investment opportunities
- Access routes, opportunities and risks
- Current trends for infrastructure co-investments
Yvonne Goetz, Investment Specialist Infrastructure EMEA, Unified Global Alternatives, UBS Asset Management
Roland Hantke, Head Multi-Managers Infrastructure, UBS Asset Management
10:30 - 11:00 a.m.
Coffee break
Stream 1
11:00 - 11:25 a.m.: Repowering – time to renew renewables
Repowering – time to renew renewables
- Repowering as a building block of the energy transition
- Repowering in Europe – starting points for institutional investors
- Sustainability aspects of repowering projects
Dr. Ingo Marten, Managing Partner Real Assets, Stafford Capital Partners
11:25 - 11:50 a.m.: Infrastructure investments - Value enhancement through active management and capital reinvestment
Infrastructure investments - Value enhancement through active management and capital reinvestment
- To realise the full value of infrastructure investments, we believe that successful managers must meet the following requirements:
- take an active, hands-on approach and have the necessary internal capabilities
- be prepared to reinvest over the long term to achieve sustainable growth
take a patient, disciplined and systematic approach
Max Fieguth, Executive Director, IFM Investors
11:50 a.m. – 12:35 p.m.: Special fund for infrastructure and integration of private capital
Andre Pfleger, Head of Transformationsfinanzierung, LBBW Asset Management Investmentgesellschaft
Philip Rauh, Head Investment Operations and Products, Swiss Life Asset Managers
Dr Markus Schillo, Representative of EIF in Germany, European Investment Fund (EIF)
Tobias Zahn, Portfolio Manager, SOKA-BAU
Moderated by: Frank Dornseifer, Managing Director, BAI e.V.
Stream 2
11:00 - 11:25 a.m.: Evolution of private market investments – From the pioneers to the private investor's portfolio
The evolution of private market investments – from pioneers to private investor portfolios
- Attractive risk/return profile over time: for decades, private market investments were the preserve of a small group of investors – with impressive performance, but closed doors.
- Access for wealthy individuals – finally open: Technology, regulation and new structures now make private markets accessible to individual investors.
- Seizing the opportunity: In a world with more and more privately held companies and fewer IPOs, private market investments are an indispensable component in a portfolio context.
Daniel Imhof, Head of Client Solutions EMEA, Managing Director, iCapital
11:25 - 11:50 a.m.: Diversified infrastructure investments: Opportunities for private clients
Diversified infrastructure investments: Opportunities for private clients
- Infrastructure is omnipresent – from toll roads to tunnels and railways to data centres. But here too, the rule is that investments should generally be diversified. A broadly diversified portfolio – regardless of size – can seize more opportunities and better withstand risks.
- Private clients are well advised to invest broadly and to look for providers with the relevant expertise and experience in the respective area. At Allianz, we manage around €50 billion in this area. Nevertheless, investors should be aware of the characteristics, such as the long investment horizon, and risks associated with investing in private markets.
- At AllianzGI, we are committed to ELTIFs and will explain our investment approach during the presentation/panel discussion.
Viktor Hottmann, Director, Cross Asset Solutions, Allianz Global Investors
11:50 a.m. – 12:35 p.m.: Panel discussion: ‘ELTIF 2.0 in practice – how product innovation and operational readiness must be combined’
Panel discussion: ‘ELTIF 2.0 in practice – how product innovation and operational readiness must be combined’
Benjamin Fischer, Director and Head of Banks & Strategic Clients within the German Wealth team, BlackRock
Alexandros Mitropanos, Manager, EY Wealth & Asset Management
Veith Riebow, Managing Director, StepStone Group
Moderated by: Sina Nennstiel, Policy Advisor, BAI e.V.
12:35 - 1:50 p.m.
Lunch
Stream 1
1:50 - 2:15 p.m.: Combining Real Estate with operational excellence Combining Real Estate with operational excellence
Combining Real Estate with operational excellence
- Efficiency through Location and Portfolio Optimization
- Sustainability, ESG, and Future Viability to Enhance Corporate Resilience
- Process Optimization in Real Estate Management through Digitalization
Bernd Haggenmüller, Senior Managing Director Real Estate, ARDIAN
2:15 - 2:40 p.m.: Back to fundamentals: harnessing alpha in real estate for inflation-linked income
Back to fundamentals: harnessing alpha in real estate for inflation-linked income
- Challenge for asset managers: Market uncertainty has become structural, requiring a reassessment of long-term income generation strategies.
- Focus on real estate fundamentals: Emphasis on active asset selection and value-oriented management rather than relying on market beta.
- Annette Kroeger’s expertise: Oversees a European private real estate portfolio of over €49 bn within PIMCO’s larger USD 173 bn real estate platform, covering both equity and debt investments.
Annette Kröger, Chief Executive Officer Europe and Member of the Management Committee, PIMCO Prime Real Estate
2:40 - 3:05 p.m.: tba
3:05 – 3:50 p.m.: Panel discussion on social infrastructure
Dr Britta Nielsen, Senior Portfolio Managerin, KGAL Investment Management
Klaus Schmid, Managing Director, Franklin Templeton
Frank Sibert, Sustainable Advisory & Business Germany, BNP Paribas
Moderated by: Tanja Volksheimer, Managing Director, NEXT Generation Invest
Stream 2
1:50 - 2:15 p.m.: State of the market – Where does infrastructure stand and what does the future hold?
State of the market – Where does infrastructure stand and what does the future hold?
- Performance, fundraising, transaction activity
- Evolution from super core to private-equity-like investments
- Investment considerations for the energy and digital infrastructure sectors
- The rising role role of secondary markets, continuation and open-ended vehicles
Dr. Christian Fingerle, Senior Managing Director, StepStone Group
2:15 - 2:40 p.m.: Evergreen infrastructure: hype or long-term success?
Evergreen infrastructure: hype or long-term success?
- Not every mushroom that sprouts from the ground is edible
- What makes evergreens successful?
- Big is beautiful – this is especially true for evergreens
Ralph Aerni, Managing Director, Head of Client Solutions EMEA, Hamilton Lane
Dominik von Scheven, Managing Director Infrastructure & Real Assets, Hamilton Lane
2:40 - 3:05 p.m.: Improved access to private credit investment opportunities for European wealth platforms
Improved access to private credit investment opportunities for European wealth platforms
- The current market environment for private credit investments remains highly attractive. Strong fundamentals and low default rates ensure stable distributions, while other segments of the private markets are struggling to return capital.
- Private investors also have the opportunity to integrate private credit into their long-term portfolios and benefit from potentially high ongoing returns backed by stable assets.
- New regulatory developments and structural innovations – including evergreen vehicles and ELTIF-compliant structures – enable more efficient and scalable access to private credit strategies.
Raman Rajagopal, Senior Client Portfolio Manager, Invesco Private Credit
3:05 – 3:50 p.m.: Panel discussion: ‘Evergreen – Gamechanger or Boomerang?’
Panel: Evergreen – Gamechanger or Boomerang?
Nicole Grützmacher, Senior Alternative Investment Specialist, FERI
Ulrich Heuberger, Senior Sales Manager for alternative Investments, HSBC Asset Management
Nicola Schierz, Head of Insurance, Mercer Deutschland GmbH
Moderated by: Manuela M. Fröhlich, Co-Founder, Fondsfrauen
3:50 – 4:15 p.m.
Coffee break
4:15 – 5:00 p.m.
Keynote speech: ‘Climate Tipping Points’: Underestimated risk drivers in climate change
- Tipping elements – tipping dynamics – tipping points: what is their significance?
- Physical climate risks & planetary solvency: a new focus for regulation
- Repricing of climate risk: a factor of uncertainty for investors and portfolios
Dr Heinz-Werner Rapp, founder and director of the FERI Cognitive Finance Institute
5:00 p.m.