FactRight, LLC (FactRight), a third-party due diligence firm that provides research and analysis on alternative investments on behalf of broker-dealers, RIAs, and family offices, announced today that Jeff Baumgartner has joined the company as a manager.
As a manager, Baumgartner will initially focus on due diligence of private placement products and sponsors, building on his five prior years as a FactRight consultant and more than 22 years’ experience in the financial services industry.
“Jeff’s career focus has been on understanding complex fixed-income instruments such as CLOs, CDOs, credit default swaps, and interest-only strips,” said Gail Schneck, FactRight chief executive officer. “This knowledge will strengthen FactRIght’s fixed income analysis as these products become more prevalent in the alternative investment space. We are fortunate to have Jeff as part of our team.”
Prior to joining FactRight, Baumgartner 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 also managed 35 finance professionals and headed up multiple departments including net asset value calculation, board reporting, alternative product operations, financial reporting, and securities analysis.
Baumgartner is a Chartered Financial Analyst, and earned his Bachelors of Science in Finance from Metropolitan State College of Denver, Masters of Science in Finance from the University of Colorado at Denver, and Juris Doctorate from the University of Denver-Sterm College of Law.
FactRight has provided due diligence services on alternatives investments since 2006. FactRight’s team consists of attorneys, CFAs, CPAs, and CFPs, and has backgrounds in finance, legal, public accounting, private equity, fund management, and credit analysis. It covers all types of alternative investments, from private real estate funds, DSTs, oil and gas, and qualified opportunity zone funds, to non-traded REITs, Interval Funds, and operating companies. Its due diligence reports, ongoing coverage of non-traded public programs, and custom risk management services are designed to help wealth managers meet their regulatory requirements and make better informed investment decisions. FactRight’s alternative investment due diligence reports are available to broker-dealers, RIAs, and family offices, on the FactRight Report Center.