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DebtConference
Event Details
At the DebtConference, distinguished investment experts will present current topics related to Real Estate Debt.
- Date: Thursday, 17 September - Friday, 18 September 2026
- Location: Dorint Hotel Oberursel, near Frankfurt
- Pre-Event Dinner: Wednesday, 16 September 2026 only for investors and sponsors
- Participation form: on site event
- Conference language: English
- Participants: investors, project developers, investment specialists
- Ticket Price: from 2.190 Euro (free of charge for institutional investors)
- Important links: Program | Registration
Content & Goal
DebtConference
The DebtConference is the industry event for all topics related to Real Estate Debt. After the successful start of this event series in 2021 with more than 150 participants from Germany, Europe and the US, the event team is delighted that there was a great demand also this year. Experts and investors presented their topics and experiences on individual program items in expert presentations and panel discussions. Personal Face-to-Face Meetings gave the participants a great chance to connect within this community.
DebtConference
Chairman of the Conference
David Rueckel
Managing Partner
PIA Pontis Institutional Advisors
David Rueckel founded PIA in 2015 and manages all aspects of the business.
PIA is a leading German and European placement advisor for real estate and infrastructure investment managers.
PIA also creates real estate club structures, predominantly for family offices.
He chairs the USA Conference and Real Estate Debt Conference and is Chairman of the Supervisory Board of the German American Exchange.
DebtConference 2026
Advisory Board Members
Keynote Highlights 2026
Chris Badia
General (ret.), Senior Advisor
Agora Strategy Group
General (ret.) Chris Badia is Senior Advisor at Agora Strategy and serves as strategic advisor to leading defence technology companies. A former four-star German Air Force General, he served as NATO’s Deputy Supreme Allied Commander Transformation. During his 40-year military career, he rose from fighter pilot to one of NATO’s leading experts on defence transformation and security strategy.
Dr. Bernhard Eschweiler
Senior Advisor
beta-economics
Bernhard Eschweiler holds a doctorate in economics and has been advising financial institutions on economic and strategic issues for 16 years. His clients are banks as well as asset and currency managers. Previously, Mr. Eschweiler worked at JPMorgan for 18 years with positions in New York, London, Frankfurt and Singapore, where he was Chief Economist and Head of Market Research for Asia.
Kristof Vashegyi
Managing Director
AltamarCAM Partners
Kristof is a Managing Director at AltamarCAM Partners, leading a $1B+ US and European private credit program since 2021. Previously, he was an Executive Director at JP Morgan Cazenove in London, advising public and private REITs on M&A, equity, and debt capital market transactions. He studied Financial Economics at Maastricht University and UC Berkeley.
Expert Knowledge
Speakers

Chris Badia
General (ret.), Senior Advisor
Agora Strategy Group
General (ret.) Chris Badia is Senior Advisor at Agora Strategy and serves as strategic advisor to leading defence technology companies. A former four-star German Air Force General, he served as NATO’s Deputy Supreme Allied Commander Transformation. During his 40-year military career, he rose from fighter pilot to one of NATO’s leading experts on defence transformation and security strategy.
Richard Craddock
Head of Real Estate Debt
Redevco
Richard has over 17 years experience in real estate lending across European and Asia-Pacific markets. Prior to joining Redevco, he was Managing Director in LaSalle Investment Management’s Debt Investments business & fund manager for their European Whole Loan strategies. He has previously held senior roles in real estate lending across both US & European banks.

Mathew Crowther
Managing Director
PGIM
Mathew Crowther is a senior portfolio manager of PGIM's European high yield debt funds, with over $7 billion of capital raised for whole loans, junior debt and preferred capital investments, having closed over 120 investments since inception in 2009. The PRECap platform has funded residential and commercial assets (including development) in Germany, the UK, France, Spain, Italy, Ireland, Netherlands and Belgium.

Mike Danielewsky
Partner | Rechtsanwalt
Bryan Cave Leighton Paisner LLP

Isobel Dench
Managing Director
ICG
Isobel Dench is a managing director at ICG, joining the business in 2022. She has been in the industry for over a decade, holding investing roles at Cheyne Capital and Lloyds Bank prior to her current role. Isobel plays a leading role in ICG Real Estate’s credit team and is responsible for sourcing and executing investment opportunities across all real estate sectors. Alongside this, she has played a key role in closing new products for the real estate business and drives forward various broader business-building workstreams.
Ali Durna
Senior Investment Manager
Helaba Invest Kapitalanlagegesellschaft mbH
Ali Durna has been working as a Senior Investment Manager at Helaba Invest since June 2022. In this role, he is responsible for the manager selection for Real Estate Private Debt and Infrastructure Private Debt Fund of Funds. Ali is based in Frankfurt am Main at Helaba Invest’s main office. Prior to this, he worked as a Portfolio Manager for Real Estate Equity Funds at Universal Investment.

Dr. Bernhard Eschweiler
Senior Advisor
beta-economics
Bernhard Eschweiler holds a doctorate in economics and has been advising financial institutions on economic and strategic issues for 16 years. His clients are banks as well as asset and currency managers. Previously, Mr. Eschweiler worked at JPMorgan for 18 years with positions in New York, London, Frankfurt and Singapore, where he was Chief Economist and Head of Market Research for Asia.
Raphael Fishbach
Co-Chief Executive Officer
Mesa West Capital
Raphael Fishbach is Co-Chief Executive Officer of Mesa West Capital. Mr. Fishbach has been a member of the senior leadership team since 2013 and serves on both Mesa West’s investment and management committees. He previously held positions at RCG Longview and Wells Fargo Bank and graduated from Cornell’s School of Hotel Administration.

Rupert Gill
Head of European Real Estate Debt
Barings
Rupert Gill is Head of European Real Estate Debt Portfolio Management, providing oversight of strategy development and the execution of investment solutions for clients. Rupert also sits on the European Real Estate Debt Investment and Valuation Committees and leads the European Real Estate Debt Portfolio Management team that covers Private Debt Real Estate mandates encompassing both co-mingled funds and SMAs in Europe. Rupert joined the team in 2024 from BlackRock where he was Head of European Real Estate Debt for nearly seven years. He has also held senior positions at LNR Partners Europe / Hatfield Philips International, Lloyds Bank and ABN Amro Bank.
Andrew Gordon
Managing Director
Invesco
Andrew Gordon is Managing Director and Head of Real Estate Debt Europe at Invesco Real Estate, leading the firm’s European debt business and strategy. With over 25 years’ experience across lending, structured finance, distressed debt and M&A, he previously held senior roles at GAM, Renshaw Bay, Lloyds and Barclays.
Paul House
Chief Investment Officer
Penny Blue Capital Limited
Paul House is Co-Founder and Chief Investment Officer of Penny Blue Capital, an independent European real assets private credit manager. Since founding the platform in 2013, he has led the deployment of over €5 billion of loans across Europe, spanning its time within ESR Group and its evolution into Penny Blue Capital.

Julian Koell
Investment Manager
Allianz
Julian Köll is an Investment Manager at Allianz Investment Management in Luxembourg. In his role, he is responsible for the internal investment management of various Allianz entities, with a particular focus on Real Estate Debt. His responsibilities include overseeing and monitoring investments, as well as collaborating with internal and external partners to implement investment strategies.
Cyrus Korat
Managing Partner
DRC Savills Investment Management LLP
Cyrus Korat has over 29 years of real estate and debt capital markets experience and is Managing Partner at DRC Savills IM. Prior to DRC Capital (now DRC Savills IM), Cyrus was a Managing Director at Merrill Lynch & Co where he was a senior risk taker across a number of businesses including ABS/Mortgage trading, credit exotics trading and illiquids.

Alessandro Luca
Co-Head of European Real Estate Debt
Ares Management LLC
Mr. Luca is a Managing Director and Co-Head of European Real Estate Debt in Ares Real Estate. Prior to joining Ares in 2021, Mr. Luca was an Executive Director in the Real Estate Finance Group at Goldman Sachs. Mr. Luca holds an M.A. from the University of Oxford in Economics and Management.

Brian McCarthy
Head of Alternative Investments
Ampega Asset Management

Vincent Nobel
Head of European Real Estate Debt
Federated Hermes Limited
Vincent joined in January 2015 as the Head of Real Estate Debt and is now responsible for all asset-based debt strategies. He is responsible for leadership of the team and the coordination, origination, execution and management of commercial real estate debt investments for the Real Estate Senior Debt strategy and the Multi Asset Credit strategies.

Christopher Yvo Oertl
Geschäftsführer
Oreda GmbH
Dr. Christopher Yvo Oertel is the Managing Director of Oreda GmbH, which develops bespoke strategies for complex financing and investment structures and specializes in real estate (project developments) in special situations. He has a long term experience and expertise in the areas of debt asset management, rescue and recovery management, and financing and strategic advisory.

Alexander Oswatitsch
Head of Real Estate Debt
DWS Alternatives GmbH
Alexander Oswatitsch, Head of European Real Estate Debt. Alexander joined the Company in 2015 with 14 years of industry experience. Prior to joining, Alexander served as an originator at BAWAG in Austria. Before that, Alexander worked for Hypo Real Estate in New York where he was responsible for real estate debt transaction underwriting. He holds a Master's degree from European Business School (EBS) Oestrich-Winkel.
Dan Ottensoser
Managing Director, Co-Head of Credit
CIM Group
Daniel Ottensoser is a Managing Director in the Investments group and Co-Head of Credit. He is responsible for overseeing portfolio construction and asset allocation for CIM’s credit funds, including handling first mortgage and mezzanine loans on real estate assets, single-tenant credit lease assets, broadly syndicated corporate loans and CMBS securities. Prior to joining CIM, Mr. Ottensoser was a Partner and Managing Director at H/2 Capital Partners. He earned a Bachelor of Arts degree from The City University of New York, Queens College and a Juris Doctor degree from the Columbia University School of Law.
David Rueckel
Chairman of the Advisory Board and Managing Partner
PIA Pontis Institutional Advisors GmbH
David Rueckel founded PIA in 2015 and manages all aspects of the business. PIA is a leading German and European placement advisor for real estate and infrastructure investment managers. PIA also creates real estate club structures, predominantly for family offices. He chairs the USA Conference and Real Estate Debt Conference and is Chairman of the Supervisory Board of the German American Exchange.
Marco Simonis
Partner
Clifford Chance
Marco Simonis is a lawyer and tax advisor at Clifford Chance Frankfurt since 2001. He specializes in structuring and establishing open-ended and closed-ended investment funds for institutional investors, as well as providing tax advice on fund-related structured products and securitisation transactions.
Claus Skrumsager
Managing Director
Morgan Stanley Investment Management
Claus Vinge Skrumsager is a Managing Director of Morgan Stanley and Head of North Haven Secured Private Credit(“NHSPC”). Mr. Skrumsager joined Morgan Stanley Investment Management (“MSIM”) in 2017 to lead the establishment of MSIM’s European private real asset backed credit platform NHSPC and today manages in excess of €3.3bn of committed capital on the platform.
Oliver Strumpf
Founder
FondsForum Platform
Oliver Strumpf studied Business Information and Real Estate Economics at the European Business School. After gaining professional experience at international real estate companies, he founded the FondsForum platform in 2012 and is setting up a unique network in the institutional real estate industry to enable a better understanding and communication between the parties within the investment branch.
Stefan Stute MRICS
Managing Director
Wüest Partner Deutschland
Stefan has worked in the institutional real estate industry for more than 25 years. He is a partner at the Swiss consulting firm Wüest Partner and is responsible for the business area "Investment Consulting". In addition to a degree in civil engineering from the University of Hanover, Stefan has various additional qualifications from the universities of Cambridge, Yale and Bayes Business School.
Pontus Sundin
Co-Head of Credit
Niam Credit Advisory AB
Pontus Sundin is Co-Head of Credit at Niam Group, with over 20 years of international experience in Real Estate and Debt Capital Markets. He has a proven track record in building debt platforms, shaping strategy, and leading business operations. His expertise spans credit analysis, structured finance, and cross-border transactions.

Chris Taube
Managing Director
Goldman Sachs
Chris Taube is global head of real estate for Alternatives Capital Formation within Goldman Sachs Asset Management. He is responsible for real estate equity and credit products globally, inclusive of draw-down funds, evergreen vehicles, and separately managed accounts.
Jeff Thompson
President
GID Credit
Jeff Thompson is Co-Head and President of GID Credit with more than 29 years of commercial real estate experience spanning lending, investing, fundraising, and portfolio management. Prior to GID, he led PIMCO’s private CRE debt platform, raising its inaugural $1.25 billion fund. He previously held senior leadership roles at Annaly Capital and GE Capital Real Estate.

Kristof Vashegyi
Managing Director
AltamarCAM Partners
Kristof is a Managing Director at AltamarCAM Partners, leading a $1B+ US and European private credit program since 2021. Previously, he was an Executive Director at JP Morgan Cazenove in London, advising public and private REITs on M&A, equity, and debt capital market transactions. He studied Financial Economics at Maastricht University and UC Berkeley.

Itamar Volkov
Managing Partner
Frux Capital Investments S.L.
Itamar Volkov is the Founder and Managing Partner of Frux Capital Investments, a Madrid-based alternative real estate credit manager. With over 20 years of experience in real estate investment and credit, he has led more than €1 billion of financing transactions across Europe. Frux provides senior and other capital solutions to real estate companies and investors.

Hans Vrensen
Head of Research & Strategy
AEW Investment Management
Hans Vrensen is managing director and head of AEW’s award-winning European Research & Strategy team. He covers macro trends, occupier and investment markets including quantifying debt-related and climate-linked challenges. Hans is a member of AEW’s European Executive, Investment, Debt and Risk Committees. He has over 30 years of international experience and is a frequent conference speaker.
David White
Head of Real Estate Debt, Europe
LaSalle
David White is Head of LaSalle's Europe debt platform and oversees debt investment vehicles and fund structures, including the LREDS series. He's responsible for investment strategy, capital raising and deployment and has extensive experience investing across the capital structure, including senior/whole loans, mezzanine, preferred equity, opportunistic credit, direct investments and distressed situations.

Further speakers...
Further speakers are currently in coordination.
DebtConference 2026
Registration
Participation in the conference is possible from 2,190 Euro plus VAT (free of charge for institutional investors)
16 September 2026
Check-In for investors
A relaxed arrival, check-in and settling into the rooms
VIP-Car-Shuttle at Dorint Hotel for the investor meeting
Shuttle service from the Dorint Hotel to Lodge Kronberg for investors with a room at the DebtConference 2026
Investor Meeting
Exclusive get-together only for investors before the official pre-event dinner starts.
VIP-Car-Shuttle at Dorint Hotel for the exclusive pre-event dinner
Shuttle service from the Dorint Hotel to Lodge Kronberg for invited guests of the DebtConference 2026
Exclusive Pre-Event Dinner
For investors and invited sponsor representatives only
Program 17 September 2026
Check-in
Registration and Welcome Coffee
I. General Market Overview
Macroeconomic outlook, Geo-politics, Real estate fundamentals
II. Real estate within private debt allocation
Private debt universe, private debt from the perspective of PD, How investors position real estate debt as part of Investor perspectives
III. Germany & European Markets
Real estate debt in Germany, Workout in Germany, Overview risk-return Europe, Opportunities in the European market
IV. International Markets and Tools
Global risk return-where to invest in North America, Europe and Asia, Important US technology to Europe, Perrils of M&A
Face-to-Face-Meetings
Each guest has the opportunity to attend the arranged face-to-face-meetings which have been set up before the conference.
Reception & Dinner
Program 18 September 2026
Face-to-Face Meetings
Each guest has the opportunity to attend the arranged face-to-face-meetings which have been set up before the conference.
V. AI & Fund Regulation
Key-Note AI, AI implementation within the industry, presentation
VI. New Markets
Lending in growth markets: Iberia focus, Real estate debt in APAC
VII. Investor Perspectives
Investor outlook
Closing Remarks and Lunch
End of the conference
Meeting Point
Conference Location
Dorint Hotel Oberursel
You can look forward to 140 modern, air-conditioned rooms and suites, spacious restaurant and bar terraces with expansive park views, 12 air-conditioned meeting rooms with natural daylight – including a divisible ballroom of 530 sqm – and a 360 sqm wellness area. A true oasis of peace and relaxation in a prime premium location.
Königsteiner Str. 29, 61440 Oberursel, near Frankfurt | Germany
Phone: +49 6171 27690
Website >>
Overnight stay
Dorint Hotel Oberursel
Booking Code: DebtConference2026
Booking: reservierung.oberursel(at)dorint.com
Review 2025
VideoStatements
Contact
Event Manager
Kim Riedel
Strumpf Eventmanagement
Niederseelbacher Straße 24
65527 Niedernhausen
Phone: +49 6127 999 363 24
E-Mail: info@DebtConference.com
Savills Investment Management is a dedicated real estate and real-estate debt specialist managing €25.8bn on behalf of institutional investors. Our established platform of 15 locations enables us to combine a truly global perspective with local expertise to offer investors a range of compelling strategies. We have 30+ years of experience and 380+ staff dedicated to positive client outcomes.
Empira Group is a leading investment manager focused on real estate investments in Europe and the United States. Since 2025, Empira has been strategically positioned as an independent real estate brand within Partners Group. Empira offers institutional investors a fully integrated platform for tailor made investment solutions across the entire real estate value chain.
Invesco Real Estate is a global leader in real estate investment management, overseeing USD 87.2bn in AUM with 601 employees and 21 offices worldwide. With 40+ years of experience across the full risk/return spectrum, it manages 327 assets in 80 markets across the US and commercial and residential sectors representing USD 46.5bn as of June 30, 2025.
pbb invest is the new business division within Deutsche Pfandbriefbank AG, a leading specialist financier for commercial real estate, specializing in real estate investment solutions with future-oriented ESG strategies. Strategic partnerships, including with Eco Estate, Amundi Germany and Universal Investment, complement the distinctive in-house expertise.
M&G Investments is part of M&G plc, an international financial services company. Helping people to manage and grow their wealth responsibly is our goal. Globally, we manage over €377 billion (as at 30 June 2025) on behalf of private and professional investors, including banks, pension funds, insurance companies, sovereign wealth funds, family offices and advisers.
PAG is a leading alternative investment firm focused on APAC with three core strategies: Credit & Markets, Private Equity, and Real Assets. We manage capital on behalf of nearly 300 institutional fund investors, including some of the most sophisticated global asset allocators. PAG has more than 370 investment professionals in 15 offices globally, and over USD55 billion in assets under management.

























































































































































