Petra Funds Group has hired Krista McCoy to help develop the fund administrator’s client acquisition strategy.
Petra Funds Group provides fund administration services to private equity and debt funds globally. The firm administers funds with more than $180bn (£141.7bn) in assets in total.
McCoy previously worked at Ultimus LeverPoint Private Fund Solutions for more than 20 years, latterly as executive vice president. In that role, she oversaw all business development, marketing initiative and client relationships.
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“Krista brings an extensive background in private fund administration and back-office operations that will greatly enhance Petra’s approach to outsourcing and lift-outs for private equity, “said Stephen Coats, co-founder and managing partner.
Co-founder Peter Haskopoulos added: “The pace of change within the private funds industry continues to accelerate, necessitating the need to add expertise to our team to continue to provide exceptional client service and further develop our offering to meet the needs of CFOs, investors, and regulators. Krista’s experience working within the private fund administration space will be invaluable as we continue to build upon our reputation as a trusted advisor to private equity CFOs.”
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