Petra Funds Group Builds Out Business Development Team With Strategic Hires

Richard Harris joins as Head of Business Development, John Manning as Senior Director of Business Development, further strengthening Petra’s commitment to providing high-quality fund administration

NEW YORK--(BUSINESS WIRE)--Petra Funds Group (“Petra”), a leading independent private funds administrator, today announced the expansion of its Business Development team with two key hires. Richard Harris joins Petra as Managing Director and Head of Business Development, where he will lead the team’s efforts to deliver best-in-class solutions to more private markets firms. John Manning has also joined the firm as Senior Director of Business Development to support Petra’s continued growth.

Richard Harris brings over 25 years of experience in the financial services industry, most recently serving as Managing Director at HSBC Securities. In this role, he helped build the firm’s middle market and large cap Financial Sponsor teams, responsible for originating M&A mandates, leveraged buyout financings and structured solutions for their private equity client base. He has also held senior roles at UBS and Range Global, and began his career at Bear Stearns where he helped lead risk management of the firm's NYSE floor trading operations.

John Manning brings over 13 years of experience in business development and customer relationship management, including six years working with private equity firms and limited partners. He has held a variety of sales and relationship management roles at Salesforce, Catalant, Riverstone Holdings and J.P. Morgan Asset Management.

“Petra was founded on the belief that providing best-in-class fund administration is critical to helping private funds optimize their operations, and the combined private markets industry expertise and strategic vision that Richard and John bring will enable us to connect with and reach even more firms,” said Peter Haskopoulos, Co-Founder and Managing Partner at Petra. “We are delighted to welcome Richard and John to the Petra team as we continue to provide our clients with the highest level of service, ensuring that we are a trusted partner in their growth and success.”

About Petra Funds Group

Petra is the leading fund administration provider to global private investment managers. Looking to do fund administration differently and with a deep bench of talented industry veterans, Petra aims to provide clients with high-touch, high-quality and technology-enabled solutions to best meet their ever-evolving middle- and back-office needs. The firm is the first fund administrator to ever deliver a comprehensive suite of data-driven offerings for fund administration and related middle- and back-office services. Petra’s services include fund administration, management company services, regulatory compliance, and ESG advisory services. Petra has offices in New York, Los Angeles and Boston, as well as London and Amsterdam, and administers funds and structures totaling more than $220 billion in assets.

Learn more about Petra Funds Group by visiting www.petrafundsgroup.com.