Sandipan Bhowmik is a senior manager in the corporate finance and restructuring segment at FTI Consulting, and is based in the Cayman Islands.
Sandipan is a chartered accountant with more than 13 years of experience in insolvency and restructuring, and six years of experience in the Cayman Islands.
Prior to moving to the Cayman Islands, he spent seven years in London working for a global restructuring and advisory firm.
Sandipan has been involved in restructuring projects across several industries including financial services, real estate, retail, hospitality and leisure, property, and manufacturing, with assets located in Europe, the Caribbean, North America, East Asia, the Middle East and Africa.
His more recent experience in the Cayman Islands includes responsibility of the day-to-day administration of the liquidations of many Cayman Islands hedge funds; lead roles in a number of directorship appointments; and confidential forensic accounting and investigation assignments for the Cayman Islands Monetary Authority (CIMA).
Specific examples of his previous engagements in the Cayman Islands include: liquidation of a Cayman Islands-registered SPC with multiple portfolios and detailed forensic investigations into inter-portfolio transactions and the fund’s affairs; providing day-to-day support to directors appointed to assist a Cayman Islands entity subject to cross-border litigation; managing the liquidation of LDK Solar Co Ltd, including the M&A process for a California-based subsidiary and dealing with institutional creditors in excess of US$1 billion across multiple jurisdictions; liquidation of a CIMA-regulated long/short equities fund, including a detailed independent review of the funds operations and affairs; and coordinating the sale of illiquid investments to secondary market purchasers during the solvent wind-down of a CIMA-regulated master fund.