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DebtConference 2025
Event Details

At the DebtConference, distinguished investment experts will present current topics related to Real Estate Debt.
- Date: 11/12 September 2025
- Location: Hilton City Centre, Frankfurt, Germany
- Pre-Event Dinner: 10 September 2025 for investors and sponsors only
- Conference language: English
- Participation forms: on site event
- Participants: investors, fund/asset manager, project developer
- Regular participation only after confirmation possible
- Free of charge for institutional investors
- Important links: Program | Registration
The meeting place for international real estate debt issues
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 2025
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 2025
Advisory Board Members

Franz Bauhuber
Investment Analyst
Allianz Investment Management

Maximilian Cosack
Head of Private Assets
HUK Coburg Asset Management

Ali Durna
Investment Manager
Helaba Invest

Sandra Ludwig
Managing Director
Institutional Investment Consulting Partners

Janine Spieker
Head of Real Estate
Gothaer Versicherung

Oliver Strumpf
Founder
FondsForum-Platform

Stefan Stute MRICS
Head of Investment Consulting
Wüest Partner

Hakan Türkoglu
Investment Advisor
WPV Advisory & Asset Management
Cooperation Partners
Sponsor Details
Invesco Real Estate is a global leader in the real estate investment management business with EUR 78.8bn in AUMs, 606 employees and 21 regional offices across the U.S., Europe and Asia. Invesco Real Estate has a 40-year investment history and has been actively investing across the risk-return spectrum, from core to opportunistic, in equity and debt real estate strategies, and in direct and listed real estate.
M&G Investments is a global asset manager with extensive expertise in the public and private markets. Our investment strategies include fixed income, equities, multi-asset, real estate, private equity, private debt and infrastructure. M&G has over 381 billion euros in assets under management worldwide (as at 31 December 2024). We manage funds for institutional, professional and private investors.
PAG is a leading Asia Pacific-focused alternative investment firm with three core businesses: Real Assets, Credit & Markets and Private Equity (buyouts and growth). It manages capital on behalf of nearly 300 global institutional investors. PAG has more than 760 employees in 15 key offices globally, and approximately USD55 billion in assets under management.
pbb invest is the new business division within Deutsche Pfandbriefbank AG, a leading specialist lender for commercial real estate, focused on property investment solutions with forward-looking ESG strategies. Strategic partnerships — including those with Eco Estate, Amundi Germany, and Universal Investment — complement its strong in-house expertise.

Expert Knowledge
Speakers

Franz Bauhuber
Investment Analyst
Allianz Investment Management SE
Franz Bauhuber focuses on the commercial real estate and infrastructure debt portfolios of Allianz Group as well corporate debt strategies in developed markets. Previous work experience includes structuring solutions and accounting-related topics for private debt investments. Franz holds degrees in Business Administration and Economics from Ludwig-Maximilians-Universität Munich (LMU).

Maximilian Cosack
Head of Private Assets
HUK Coburg Asset Management GmbH
As Head of Private Assets, Maximilian Cosack is responsible for the asset classes Infrastructure, Private Equity and Private Debt at HUK-COBURG Asset Management GmbH. Maximilian Cosack studied insurance economics (B.A.) at Coburg University of Applied Sciences and holds a Master's degree in Financial Law (LLM) from the Frankfurt School of Finance & Management.

Prof. Dr. Andreas Dombret
Global Senior Advisor Oliver Wyman,
frmr. Board Member Deutsche Bundesbank,
frmr. Advisory Board Member ECB
Andreas Dombret worked from 1987-1991 at Deutsche Bank, from 1992-2002 at JP Morgan, from 2002-2005 at Rothschild and from 2005-2009 at Bank of America. From 2010-2018 he served on the Deutsche Bundesbank Board and from 2014-2018 on the ECB Supervisory Board. Andreas now teaches at Columbia University and acts, amongst others, as Global Senior Advisor to Oliver Wyman.

Jens Eisenschmidt
Managing Director Research
Morgan Stanley

Raphael Fishbach
Co-CEO
Mesa West
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.

Richard Flohr
Partner and Debt Portfolio Manager
CrossHarbor Capital Partners LLC
Richard Flohr is a Partner and Portfolio Manager of the CrossHarbor Strategic Debt Fund. In this role he oversees operations of the Fund and serves as a member of the Fund’s Investment Committee. Prior to joining CrossHarbor, Richard was a Managing Director with the Prudential Mortgage Capital Company where he worked for 28 years.

Felix Frankl MRICS
Head of Real Estate
Evangelische Zusatzversorgungskasse - EZVK
Felix Frankl (MRICS, MBA) is responsible for the real estate portfolio of EZVK Evangelische Zusatzversorgungskasse. He previously held management positions at various investment companies. He started in the private equity real estate sector and then worked in investment management and fund of funds.

Andrew Gordon
Managing Director, Fund Management
Invesco Real Estate
Andrew Gordon is responsible for managing the European debt business and developing and executing real estate debt strategies. Prior Invesco he managed GAM Investments European debt business and held roles at Renshaw Bay, Lloyds Banking Group, Barclays Bank and Ernst & Young.

Charlotte Hartel
Senior Portfolio Manager
Deutsche Pfandbriefbank - pbb invest
Charlotte Hartel, Senior Portfolio Manager for equity and debt, has been working in real estate investment for institutional investors for almost 20 years. Previously, she worked for Real I.S. AG (German Special funds, € 2 bn volume) and Catella Real Estate. She has profound expertise in fund and portfolio management, product development, acquisition and asset management. She holds a diploma in economic geography (LMU Munich).

Paul House
Co-Head of Commercial Real Estate Debt
ESR Europe
Paul House is co-founder of the Commercial Real Estate business at ESR Europe and co-Portfolio Manager for the firm’s discretionary debt funds. In addition, Paul is a member of the Investment Committee for the ESR Active Fund series, which are private equity funds active in investing into value add real estate equity opportunities across the UK and Europe. Paul is a member of the CFA Institute and holds an MBA from Schulich School of Business in Toronto.

Cyrus Korat
Partner
DRC Savills Investment Management LLP
Cyrus Korat has over 25 years of real estate and debt capital markets experience and is a founding partner at DRC Savills IM. Prior to the establishment of DRC, Cyrus was a Managing Director and held senior management positions in the Fixed Income division of Merrill Lynch & Co.

Alexander Mayer
CFO/CRO
Wüstenrot & Württembergische AG
He worked as Head of Financial Management at Württembergische Lebensversicherung and Rating Manager of the W&W Group, was Spokesman of the Management Board of W&W Asset Management. He also became a member of the Executive Board of Württembergische Lebensversicherung and Versicherung, as well as CFO/CRO and member of the Executive Board of W&W. In July 2025 he starts as CFO and Executive Board of the ALH Group.

Aislinn McCarry
Head of EMEA Sales
Measurabl
Measurbl is the world’s largest sustainability platforms for real estate, servicing over $3T in AUM globally across 93 countries.
With a background in mechanical engineering from Canada, Aislinn leads the EMEA team, helping the world’s largest fund managers drive value at their real estate assets via strategic planning, energy management, decarbonisation and capital planning initiatives.

Phil Moore
Partner and Head of European Real Estate Debt
Ares Management
Mr. Moore is a Partner and Head of European Real Estate Debt in Ares Real Estate. He also serves on the Ares Real Estate Global Investment Committee (“IC”) and the Real Estate Debt IC. Prior to this, he was a Managing Director in The Carlyle Group's flagship Credit Opportunities Fund where he headed up the Real Estate investment activities for that strategy across Europe and North America.

Jai Patel
Co-Head Real Estate Debt
ICG
Jai is Co-Head of Real Estate Debt at ICG and jointly responsible for the day-to-day implementation of ICG Real Estate’s debt strategies. Prior to joining ICG, Jai was Investment Director at Amro Partners – an investment firm focused on residential assets across Europe. Prior to this he has held various investment roles at ICG and Barclays, starting his career at Lehman Brothers.

Dan Riches
Head of Real Estate Finance
M&G Investments
Dan Riches is Head of M&G Real Estate Finance and responsible for all strategic and operational matters. He is a member of the Real Estate Finance Investment Committee. Dan joined M&G in 2010 and has been involved in the origination and execution of investments as well as capital raising for the Real Estate Debt Fund series which has raised more than EUR 4bn of investor commitments to date.

David Rückel
Chairman of the Advisory Board and Managing Partner
PIA Pontis Institutional Advisors GmbH
David Rückel 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.

Niraj Shah
Partner
Rockwood Capital
Mr. Shah is the Head of Rockwood’s Credit Strategies Team. He is responsible for overseeing Rockwood’s credit and structured investment strategies and is also a member of the firm’s investment committees. Prior to Rockwood, Mr. Shah was at Citi where he was responsible for the pricing, structuring and distribution for the CRE group. Prior to Citi, Mr. Shah was with PwC in its TS practice, providing M&A advisory services to private equity firms.

Janine Spieker
Head of Real Estate
Gothaer Versicherung

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.

Jeff Thompson
Co-Head & President
GID Credit
Jeffrey Thompson is Co-Head and President of GID Credit. He brings extensive leadership experience in commercial real estate, having held senior roles at PIMCO, Annaly, and GE Capital, with expertise spanning credit investment, large loan lending, and portfolio management.

Dr. Gertrud R. Traud
Chief Economist and Head of Research
Landesbank Hessen-Thüringen Girozentrale
Dr. Gertrud R. Traud has been Helaba's Chief Economist since 2005, in 2006 she also became the Head of Research. Previously she worked for Julius Bär and Bankgesellschaft Berlin. She is a member of numerous committees, such as the supervisory board of DLE Group AG and the asset advisory board of VOLKSWAGEN Foundation. She is involved in social projects, including being patron of ZONTAlente.

Max von Below
Managing Director
Affinius Capital
Max von Below serves as Managing Director for Affinius Capital. He is based in Amsterdam and responsible for establishing and maintaining relationships with institutional investors, their managers, advisors and consultants both domestically and internationally. Prior joining Affinius Capital he worked in similar positions on the Manager but as well on the Investor side and brings 20 years of work experience.

Peter Weidmann
Managing Partner
Related Fund Management LLC
Peter Weidman is a Managing Partner of Related Fund Management. At RFM, Mr. Weidman is Head of the Credit Team and also works with the Firm’s senior leadership team to oversee all aspects of RFM’s investment strategy, fundraising and operations as well as focusing on ways to grow new and existing business lines on the Firm’s investment platform. He is a member of the RFM Management and Investment Committees.

Andrew White
Managing Director, Head of US Real Estate Credit Investing
Goldman Sachs Asset Management
Andrew is managing director in Real Estate within Goldman Sachs Asset Management, serving as Head of US Real Estate Investing. He is a member of the Private Real Estate Investing Committee. Andrew joined Archon Group, formerly a subsidiary of Goldman Sachs, in 2006 as an analyst and was named managing director in 2019. He earned a BBA in Finance from the University of Notre Dame in 2005.

David White
Head of LaSalle Real Estate Debt Strategies, Europe
David White oversees the LaSalle Real Estate Debt Strategies (LREDS) business. He has a 16+ year track record of working in real estate private equity and debt investment in Europe, the US and Asia. He has extensive experience lending throughout the capital structure and in real estate debt investments, including mezzanine and whole loans, as well as direct real estate investments, distressed credit, and restructuring.

Gregory White
Senior Managing Director
Blue Owl Capital

Anshumann Woodhull
Partner and Co-Head of Private Debt
PAG
Mr. Woodhull is a Partner and Co-Head of Private Debt for PAG Credit & Markets. He has over 25 years of experience in reorganizations, restructurings and corporate workouts. Prior to joining PAG in 2009, Mr. Woodhull was a Managing Director and Distressed Asset Trader at Deutsche Bank AG, Hong Kong branch from 2000 to 2009. He received his Bachelor of Laws degree from University of Bristol.

Albert Yang
Managing Director, Head of EMEA
Global Institutional Client Group, CIM

Further speakers...
Further speakers are currently in coordination.
10 September 2025
Exclusive Pre-Event Dinner
For investors and sponsor representatives only
Program 11 September 2025
Check-in and Welcome Coffee
I. General Market Overwiew / Macro Economy
Macroeconomic Outlook, Interest Rate Markets, Real Estate Market Fundamentals, Private Debt from a German Insurance Perspective
II. Risk Transfer / Managing Risk
The Different Forms of Leverage, Risk Transfer & Capital Structure, Managing Risk & Workout
III. International Risks & Returns - Europe, Asia, US
The Regulators View, US: Lending under Trump!, Global Risk / Return Comparison - Case Studies, Global Real Estate Debt Strategies
Break and 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 12 September 2025
Check-in and Welcome Coffee
IV. Lessons Learned: European with Focus on German Market View
State of the European Lending Market, Europe/Germany Lessons Learned
V. Specialties / ESG
Financing Operational Assets, Special Focus, Short Presentation ESG and Discussion, Investor Outlook
Closing Remarks
Lunch
End of DebtConference 2025
Review 2024
Presentation Videos
Review 2024
VideoStatements
Feedback from Participants
Very good conference, great composition of speakers and good networking opportunities. As always, the conferences are very well organised.
Johannes Reis, Partner, PANDOO Management
Based on our experience & activities in REPD very good event.
Thomas Gogolin, Real Estate Investment Manager, SV SparkassenVersicherung
Meeting Point
Conference Location

Hilton Frankfurt City Centre
The Hilton Frankfurt City Centre is located in the heart of Frankfurt and sights, shopping facilities and the banking district are within easy walking distance. 342 rooms shine in new splendor and are reminiscent of New York loft living with their urban design. Guests are invited to sample unique cocktails in the Hudson Yards Bar, Lounge & Dining and relax in the large Health and Fitness Club.
Hochstrasse 4, 60313 Frankfurt | Germany
Phone: +49 69 133800
Website >>
Exclusive Pre-Event Dinner

10 September 2025 | 18:00 - 21:30
Only for investors and sponsor representatives
Conference

11/12 September 2025
Hilton Frankfurt City Centre
Hochstrasse 4, 60313 Frankfurt
Conference Dinner

11 September 2025 | 18:45 - 22:30
Restaurant Occhio d'Oro
Eschenheimer Tor 2, 60318 Frankfurt
Contact
Event Manager

Nadine Mohr
Strumpf Eventmanagement
Niederseelbacher Straße 24
65527 Niedernhausen | Germany
Phone: +49 6127 999363 23
Email: info(at)DebtConference.com