Ryan Baker is a senior financial analyst and field agent and serves as Receiver on smaller cases that tend to be price sensitive.

At Mosier & Company, Ryan’s initial assignment was to corral the Private Equity Management Group case – a billion dollar alleged Ponzi scheme. This proved to be a fair test of Ryan’s abilities in the area of quantitative evaluation and analysis. Ryan was tasked with tracing $1 billion worth of investment from nine Investors over a ten year period into a dozen PEMG investment vehicles located in the British Virgin Islands that collectively had forty-six investment vehicles called “tranches.” This overall investment includes over 50 assets and 275 life insurance policies; many of the assets were jointly owned by multiple investors.

After tracking the PEMG investments into the tranches, it was then necessary to determine current market values of the assets (as applied to each Investor’s share). An important step in this process was adjusting for inter-tranche activities (conducted by PEMG’s management without the knowledge or concurrence of the Investors) including loans between tranches and sale of assets between tranches (giving rise to the Ponzi allegation). This required multiple, multi layer excel worksheets of significant magnitude.

Balancing these formidable talents, Ryan has also managed the financial affairs of $5 and $10 million companies that are the subject of a dispute or insolvency for both real estate and operating companies.

Ryan has an undergraduate degree from New York University in Economics. He is a member of the California Receivers Forum and attended Loyola IV – a three-day intensive educational program on the A-Z of receivership co-sponsored by Loyola Law School and the California Receivers Forum.