Petra Funds Group, an independent private funds administrator, has appointed 20-year private equity veteran John Beczak as the firm’s chief financial officer.
The move further expands Petra’s leadership bench of executives with experience at established private markets firms.
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Beczak, in his two decades in private equity, was most recently chief financial officer at Resource Capital Funds, where he oversaw all fund financial, accounting, reporting and operational functions for the global alternative investment firm.
Prior to that he held a number of senior finance roles including Fund chief financial officer for multiple strategies in the global market strategies segment at private equity firm Carlyle.
Beczak has also held 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 chief financial office,” 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.”
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Beczak said he is joining at “a pivotal time in the fund administration industry”.
“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 chief financial officer of a number of private equity funds across my career,” he added.
“I’m looking forward to working with the talented Petra team to drive financial operations and support the continued growth of the firm.”
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