Petra Funds Group Appoints Chief Financial Officer

Seasoned private equity CFO John Beczak brings extensive experience to help drive next phase of growth

NEW YORK--(BUSINESS WIRE)--Petra Funds Group (“Petra”), a leading independent private funds administrator, today announced the appointment of John Beczak as the firm’s Chief Financial Officer, further expanding Petra’s leadership bench of executives with experience at leading private markets firms.

John brings more than 20 years of experience in private equity finance to Petra. He most recently served as CFO at Resource Capital Funds, where he oversaw all fund financial, accounting, reporting and operational functions for the global alternative investment firm. Prior to Resource Capital Funds, he held a number of senior finance roles including Fund CFO for multiple strategies in the Global Market Strategies segment at private equity firm Carlyle, and finance, operations and accounting roles at The Olayan Group, Lehman Brothers and Credit Suisse.

“We are thrilled to add John to our team and have the utmost confidence that he will help guide our continued growth as Petra’s CFO,” said Stephen Coats and Peter Haskopoulos, Co-Founders and Managing Partners at Petra. “With an extensive career in the private funds industry, John brings deep financial knowledge, strategic leadership and a proven track record that will be invaluable as we continue to deliver best-in-class fund administration to private equity, private credit and venture capital funds.”

“I am excited to be joining Petra at a pivotal time in the fund administration industry,” said John Beczak, CFO at Petra. “I’ve been impressed with Petra’s differentiated approach to fund administration, offering the premier solution to many of the challenges I faced as the CFO of a number of private equity funds across my career. I’m looking forward to working with the talented Petra team to drive financial operations and support the continued growth of the firm.”

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. Petra’s services include fund administration, management company services, regulatory compliance, and ESG advisory services. Petra has offices in New York, Los Angeles, Houston and Boston, as well as London and Amsterdam, and administers funds and structures totaling more than $275 billion in assets.

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