Seasoned Fund Administration Executive Joins Petra Funds Group to Drive Growth

Company News
April 9, 2024

April 9, 2024 – NEW YORK: Petra Funds Group (“Petra”), a leading independent private equity and private debt fund administrator, is pleased to announce that industry veteran, Krista McCoy, has joined the firm. Formerly with Ultimus LeverPoint Private Fund Solutions (previously LeverPoint) for over twenty years, Krista will leverage her experience growing and scaling companies to assist in developing Petra’s client acquisition strategy.

With nearly two decades of experience servicing the financial and accounting industries and working directly with global fund managers on both private equity and related management company teams, Krista brings tremendous value to Petra.  

"We are thrilled to welcome Krista to the Petra team at such a critical time in our growth story,” shared Peter Haskopoulos, Co-Founder and Managing Partner. “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.”

Before joining Petra, Krista served as an Executive Vice President at Ultimus Leverpoint Private Fund Solutions, overseeing all business development, marketing initiatives, and client relationships. Krista brings comprehensive knowledge of fund administration, growing an organization with a focus on identifying new clients and driving business growth.  

"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. Her relationships within the private equity space and dedication to delivering exceptional service to clients are unparalleled. I look forward to working alongside Krista as we continue to set a new standard for private equity fund administration.”  

“I am excited to join a team that is elevating the landscape of traditional fund administration,” Krista commented. “I am excited to begin this journey with Petra and provide clients with the trust, accuracy, and peace of mind that they deserve when it comes to back-office operations. Together, we will set the standard for excellence within the private fund administration industry.”

About Petra Funds Group

Petra Funds Group is a leading fund administration provider to global private equity and debt funds. The firm is the first to deliver comprehensive fund administration and related middle and back-office services, offering global private fund managers an enhanced, data-driven solution. Our services include fund administration, investor servicing, regulatory compliance, management company services, and ESG advisory services. Petra offers fund managers a best-in-class solution of people, back-office services, and technology, enabling general partners to focus on their internal operations, investments, and investor relationships. Petra has offices in New York, London, Amsterdam, Los Angeles, and Boston and administers funds and structures totaling more than $180 billion in assets.

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