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
- Action Packed Recap from FactRight’s 2024 Annual Due Diligence Conferenceby sarah@factright.com (Sarah Kieser) on October 10, 2024 at 7:14 pm
*Dramatic suspenseful music* Thank you to the 480 industry professionals and wealth managers who ventured to the home of the Batman Building, Nashville, Tennessee for FactRight’s 2024 Annual Due Diligence conference. It was a legendary success, and we, the FactRight staff, are so grateful for your continued support and participation.
- Understanding Master Lease Mechanics in DST Underwritingby Houston Hyde, Mountain Dell Consulting and Brandon Raatikka, FactRight on May 23, 2024 at 8:04 pm
As the DST market has grown over the past several years, the nuances of available programs have proliferated. Given the structural requirements of Revenue Ruling 2004-86, these programs do not behave like traditional real estate investments in certain respects. In our experience working with wealth advisory firms seeking 1031 solutions for their clients, understanding the differences among master lease structures in the market can be a common hurdle. Closely related is how a particular structure may behave differently in various performance scenarios, and how the property underwriting interacts with that structure.
- Highlight Reel from FactRight’s 2024 RIA Spring Due Diligence Conferenceby Kate@FactRight.com (Kate Stephany) on March 13, 2024 at 5:07 pm
With March Madness upon us, what better way to celebrate then to recap some of the shining moments that happened at the FactRight RIA Spring Due Diligence Conference—and what a conference it was!
- Loan Guarantee Fees in Investment Programs: Risk Compensation or Rent Seeking?by kevin@factright.com (Kevin Kirkeby) on November 20, 2023 at 7:53 pm
Company owners and other executives often receive compensation for providing a personal guarantee to a commercial loan their investment program is seeking. The size of this personal guarantee fee varies considerably, as does the level of disclosure. We believe the personal guarantor should be compensated, but it must be commensurate with the risk the guarantor is taking on. Drawing upon FactRight’s experience in reviewing private real estate and other alternative investment programs, this blog post focusses on personal guarantees (rather than corporate guarantees), discusses the typical range of fees, and reviews the factors that influence a reasonable fee amount.
- FactRight Takes Salt Lake Cityby Kate@FactRight.com (Kate Stephany) on September 7, 2023 at 5:11 pm
*Olympic Trumpet flair*