Audit Insurance and Investments
Mark Baumgartner is the leader of Deloitte in Bermuda’s alternative investment practice, with strong relationships across Deloitte’s global alternative investment industry practice. He has over 18 years’ experience with Deloitte, with the last 16 serving financial services companies in Bermuda, including hedge funds and advisers, banks, captives and property/casualty (re)insurers.
Mark also has extensive experience with internal control environments of hedge fund administrators, including SSAE 16 engagements. Mark has assisted many clients over the past few years in dealing with issues relating to the management of illiquid assets through fund restructuring and establishment of side-pockets or similar mechanisms. Mark has extensive experience both from an operational and audit point of view in dealing with financial instruments and the methods under which such instruments are accounted for and presented in financial statements under US GAAP and IFRS. Mark currently, and has in the past, served several funds whose investment focus is related to commodities, either through active trading strategies or through long term investments in commodity production companies.