Jeff Baumgartner, CFA, JD
AREAS OF EXPERTISE
• Publicly-Registered Investments
• Non-Traded REITs
• Interval Funds
• 40 Act Funds
Jeff Baumgartner served FactRight as an alternative investment consultant for over three years prior to joining the team as Due Diligence Manager in April of 2021. In addition to being experienced at writing due-diligence reports which provide comprehensive, relevant, unbiased review of financial offerings including private closed-end 40 Act Funds, non-traded REITs, private equity funds, private placements, and debt structures, Jeff is intimately familiar with a variety of financial products.
Prior to joining FactRight, Jeff was Vice President of Finance at OppenheimerFunds where he was responsible for the accounting of 229 financial products totaling as much as $273 billion in assets. He managed 35 finance professionals and simultaneously headed up multiple departments including Net Asset Value Calculation, Board Reporting, Alternative Product Operations, Financial Reporting, and Securities Analysis.
Jeff has over 20 years of financial industry experience. He is skilled in developing systems, creating procedures and controls, and making strategic decisions. He has an extensive background in formulating and implementing strategic plans focused on accuracy and operational efficiency. He has been responsible for operations of over $10 billion in alternative investment structures including collateralized debt and loan obligations, commercial paper conduits, leveraged loan partnerships, and limited liability partnerships consisting of CDO equity.
Jeff is an analytical individual whose career focus has been on understanding complex and difficult-to account-for fixed income instruments. He has a deep passion for the advancement of ethical portfolio management.
- Juris Doctor, University of Denver-Sturm College of Law, Denver CO.
- Masters of Science in Finance, University of Colorado at Denver, Denver CO
- Bachelors of Science in Finance, Metropolitan State College of Denver, Denver, Co., Graduated Magna Cum Laude
- Chartered Financial Analyst
- Member – State Bar of Colorado
- Member – CFA Institute
Recent Blogs from FactRight
- Investment Committee Best Practices for Wealth Managersby Julie Olsen on April 27, 2022 at 6:23 pm
An investment committee (IC) provides wealth management firms a formalized mechanism for improved due diligence, ongoing monitoring, and decision-making. A good IC aligns organizational goals, roles, and processes and enhances accountability, clarity of purpose, and shared knowledge among the team.
- Largest Interval Funds - A Due Diligence Guideby firstname.lastname@example.org (Gavin Aydt) on April 6, 2022 at 5:14 pm
An interval fund is a subcategory of closed-end funds and is a Regulated Investment Company (RIC), which is subject to 1940 Act regulation. Shares of interval funds are not generally “redeemable,” which is why the funds are classified as closed-end rather than open-end funds. Interval funds are so named because they must offer to repurchase shares at pre-determined “periodic intervals.” Although interval funds are closed-end funds from a legal standpoint, they also have features that are usually related to open-end funds, which is why they are sometimes described as a hybrid.
- Highlights from FactRight's RIA Spring Due Diligence Conferenceby Kate@FactRight.com (Kate Stephany) on March 23, 2022 at 4:43 pm
Was it just me, or did our most recent conference in Scottsdale feel, dare I say it, almost normal? I mean, the sun was shining, the palms were swaying, and the beer burro was melting hearts.
- Inflationary Pressures on Credit-Focused Alternative Investment Programsby email@example.com (Jacob Heidkamp) on March 3, 2022 at 6:55 pm
Inflationary pressures have increased markedly in the global economy over the last year. CPI prints have recently reached levels not visited in almost four decades.
- Using Non-Listed REIT Metrics: FFO, AFFO, and MFFO Due Diligenceby Julie Olsen on February 16, 2022 at 7:16 pm
Many real estate investment trusts (REITs) voluntarily report supplemental performance metrics. Industry organizations established non-GAAP metrics to build credibility and broader capital markets acceptance of REITs by enhancing comparability of operating performance across funds. Two decades ago, Nareit established Funds from Operations (FFO) for publicly traded REITs, and a decade ago, the Institute for Portfolio Alternatives (IPA) established Modified Funds from Operations (MFFO) guidelines for non-listed (NL) REITs. In addition, many traded and NL REITs report Adjusted Funds from Operations (AFFO) or other variations such as Core FFO and Funds Available for Distribution.