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CAIA Germany - Real Estate Debt: Is the Worst Behind Us?
Date(s):
October 15, 2024
Note: All times listed are in local time
Venue:BNP Paribas Asset Management
Maximilianstr. 35, Eingang A Munich, 80539
Fee(s):Free Event
Description:CAIA Germany Real Estate Debt: Is the Worst Behind Us?
Dive into the current state of real estate debt and explore whether the most challenging times are behind us. This session will cover key topics including the best times to invest in real estate debt, where to find the most attractive deals, and where opportunities lie in the market. Additionally, we’ll analyze whether LPs are already seeing performance dispersion across managers or not. Gain valuable insights to inform your investment strategy and navigate the complexities of real estate debt. AGENDA 7:45 - Registration and Coffee 8:00 - Welcome and Introduction 8:05 - Panel discussion on Real Estate Debt: Is the Worst Behind Us?, in collaboration with: - Christophe Montcerisier - Head of Real Estate Debt at BNPP AM
- Manuel Köppel - Managing Director & Head of Real Estate Debt at BF.Capital
- Thomas Lehner, CFA - Team Lead Private Debt at Viridium Gruppe
- Alexander Schmitt - Senior Portfolio Manager at AGI
Moderator: Nedelina Lazarova, CAIA, CFA, FRM - CAIA Germany Chapter Executive and Head of Private Debt at HQ Trust 8:40 - Q&A Important notes before the event: - This event is organized by dedicated CAIA members, who generously volunteer their personal time. Should you decide to register, we greatly appreciate your commitment to attending.
- If you find that you are unable to attend, please inform us at least 48 hours before the event. Your timely cancellations enable us to offer your spot to someone on the waitlist and help minimize food and energy waste.
- Kindly note that registrations must be completed in advance, as walk-ins will not be permitted. Given the event's limited capacity, we encourage you to register as early as possible to secure your spot. If the attendance limit is expanded, we will promptly notify you.
- Registering a guest is possible but complete guest’s details must be filled in. In case of overbooking, priority will be given to CAIA Members.
Thank you for your understanding and cooperation. If you have questions or concerns regarding registration for this event, please contact CAIA EMEA Chapter Relations. This event is organized in collaboration with: 
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BNP Paribas Asset Management
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Manuel Köppel
Job Title: Managing Director & Head of Real Estate Debt
Organization: BF.Capital
Speaker Type: Panelist
Manuel Köppel is managing director of the institutional private debt manager
BF.capital. With a degree in business administration, he began his career in
banking at LBBW where he was involved in various projects related to
institutional asset management. At BF.capital he is responsible for the
management of real estate debt direct lending funds and institutional
relationship management.
Nedelina Lazarova
Speaker Type: Moderator
Nedelina Lazarova is Head of Private Debt and Investment Manager at HQ Trust,
one of the largest multi family offices in Germany. She is responsible for
selection, due diligence, execution and monitoring of Private Debt investments.
Prior to joining HQ Trust, she was Project Lead for the multibillion Alternative
Credit Program of a large German life insurance company, and was covering
Private Corporate Debt, Infrastructure Debt, Commercial Real Estate Debt,
Mortgages, Leveraged Loans and other alternative lending strategies. Prior
experience includes manager due diligence of traditional investments and hedge
funds, as well as consulting and project experience in M&A and valuation of
structured products. She holds a Bachelor’s Degree in Business Administration
from Ludwig Maximilian University of Munich and a Master’s Degree in
Quantitative Finance from Bocconi University. She is a CFA (Chartered Financial
Analyst), FRM (Financial Risk Manager) and CAIA (Chartered Alternative
Investment Analyst) Charterholder.
Thomas Lehner
Job Title: Team Lead Private Debt
Organization: Viridium Gruppe
Speaker Type: Panelist
Thomas is leading the private debt team at Viridium, Germany’s leading life
insurance consolidator. He is responsible for sourcing, selecting, implementing
and monitoring mandates in the area of direct lending, real estate, infrastructure
and other lending strategies. Thomas has also set up Viridium’s direct lending
co-investment and secondaries program.
Prior to joining Viridium, Thomas was working on M&A transactions with a focus
on technology and healthcare at ACXIT Capital. He started his career as credit
risk analyst at Goldman Sachs.
Thomas holds a Master’s degree in Business Administration from University of
Muenster and is CFA Charterholder.
Christophe Montcerisier
Job Title: Head of Real Estate Debt
Organization: BNPP
Speaker Type: Panelist
Christophe was appointed Head of Commercial Real Estate (CRE) debt at BNP
Paribas Asset Management in May 2020. Before that, he was CRE Debt
Investment Director, acting as team Deputy Head, since joining the company in
early 2019 from Société Générale. Prior to Société Générale, Christophe worked
at GE Capital Real Estate, managing a pan-European real estate fund. He later
launched a debt business. Christophe has also previously managed the Real
Estate Finance team at RBS in Paris. Having started his career at BNP Paribas, he
then held roles at Merrill Lynch, financing private equity funds buying nonperforming loans, and Citi, advising listed property companies and corporates in
Europe. Christophe graduated from Sciences Po Paris and holds a master’s
degree in finance from Paris Sorbonne. He is a member of the Royal Institution
of Chartered Surveyors (RICS) and a board member of the Institut d’Epargne
Immobilière et Foncière (IEIF). Christophe is based in Paris.
Alexander Schmitt
Speaker Type: Panelist
Alexander Schmitt is a senior portfolio manager in the Global Private Debt team
at Allianz Global Investors. Prior to that, he has been involved in various roles
managing Allianz Group’s investments since 2011. Most recently, he was
responsible for the development, execution and oversight of Allianz’s investment
strategies in infrastructure and real estate debt. Previous work experience
includes a role as an investment manager for a fixed income insurance portfolio
at Allianz as well as postings with PIMCO’s emerging markets portfolio
management team in the US and with AllianzGI’s Asia Private Credit team in
Singapore. Alexander is a CFA Charterholder and graduated with a Master in
Finance & Economics from Goethe University, Frankfurt.
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