FactRight’s Gail Schneck Retires as Heidkamp, Putnam Assume Co-CEO Duties

FactRight, a provider of alternative investment due diligence and risk management solutions, has named FactRight executives Jacob Heidkamp and Russell Putnam as co-chief executive officers to guide the next phase of growth.

In conjunction, the company announced the recent retirement of Gail Schneck, principal and CEO, at the close of 2025. Schneck, who joined FactRight in 2012, is a 20-year veteran of the alternative investment industry. Throughout her tenure, she played a pivotal role in strengthening due diligence standards, shaping wealth manager risk management frameworks, and guiding the firm through significant growth. FactRight said Schneck’s product expertise, thoughtful leadership, and unwavering advocacy and integrity have left an enduring impact on its team and services, and the alts community at large.

“It’s been a pleasure to work alongside wealth managers, product sponsors, and service providers in the alternative investment industry over the last 20 years, and to contribute to the quality of investment offerings available in the retail channel,” said Schneck. “I am confident that FactRight will continue to make a positive impact on our industry as I turn the reins over to two highly qualified leaders, Jacob Heidkamp and Russell Putnam.”

Heidkamp and Putnam have each been with FactRight for more than 11 years and have served as principals and co-presidents since 2020.

They will step into the co-CEO roles and continue leading FactRight’s team of investment analysts, business development professionals, and administrative staff alongside other principals: chief operating officer Brandon Raatikka, who has been with the firm for 18 years; chief financial officer Kemp Hanley, who has been with the firm for 15 years; and chief business development officer John Paliotta, a FactRight veteran of eight years.

FactRight, founded in 2006, is a third-party due diligence firm that provides research and analysis on alternative investments to registered investment advisers, broker-dealers, and family offices. FactRight covers alternative investment products, including non-traded real estate investment trusts, interval funds, private real estate programs, Delaware statutory trusts, qualified opportunity zones, oil and gas, and other private equity and private credit strategies.

For more FactRight news, please visit their directory page.