Prof Dr Sascha Steffen

DWS Senior Chair in Finance
Professor of Finance at Frankfurt School of Finance & Management
Director of the Centre for European Transformation

• Private Debt: Systemic Risk or Countercyclical Stabilizer?
• Portfolio Stress: Are Debt Ratios, PIK Structures, and Default Rates Within Normal Ranges?
• New Vulnerabilities Due to Interconnections with Insurers?
• Competitors or partners? Areas of tension between banks and credit funds
  
• Liquidity mismatches in semi-liquid retail vehicles – why do evergreen structures still make sense for institutional investors?
• Valuation practices and data transparency – robust governance in the interest of all market participants
• Heterogenity as a strength of the private debt market