Petra Funds Group provides comprehensive fund administration, management company, compliance and ESG reporting services for asset managers.
We believe asset managers should focus on value-added tasks like deal origination and limited partner outreach, leaving the operational details to experienced professionals.
The Petra platform
Coordination across functions within an asset manager is essential for efficient operations. The Petra platform and service model is based on a shared data set across the services used by our clients (funds administration – reporting - management company – compliance). Our service teams work together to present a single team and single data set to our clients, which saves busy CFO’s and founders, their most precious commodity, time.
At Petra, we believe that coordination across functions is essential for efficient fund accounting and reporting. The Petra platform and service model is based on a shared data set across the services used by our clients (funds - management company - compliance). Our service teams work together to present a single team and single data set to our clients.
Petra’s regulatory compliance team works with new and established asset managers to provide both ERA and RIA registration support as well as ongoing tailor-made compliance support to private equity and credit managers. In doing so, Petra leverages decades of experience formalizing and building out comprehensive compliance programs. Petra will customize your compliance program to ensure you are meeting regulatory obligations while creating efficiencies for your business.
Petra’s management company team provides the infrastructure and knowledge to build scalable processes around firm level accounting & reporting, accounts payable, accounts receivable, payroll, T&E processing, intercompany settlement, and other management company level operations.
Petra’s Responsible Investment Team develops and implements all facets of leading responsible investment programs for private equity and credit managers. From ESG due diligence and value creation planning to tailor-made monitoring and reporting frameworks in step with regulator and investor expectations, Petra can help build out internal processes and systems and help set the right tone and tenor for accurate qualitative and quantitative responsible investment strategy and disclosures.
Petra offers comprehensive Fund Launch & Outsourced CFO service that focus on the operational creation of a new fund or strategy, financial & operational strategy, supporting LP relationships, governance and risk oversight allowing the GP to focus on raising capital, building your team and developing your portfolio.
Petra’s credit operations team provides operational support to private credit managers of all sizes and strategies. This includes a flexible approach to credit middle office operations, loan agency and monitoring services, as well as other pre and post execution support.
our approach
For efficient fund accounting and reporting, coordination across functions is essential. Our platform service model is based on a shared data set—optimized to meet growing demands from limited partners and regulators.
Flexible Approach
Our deeply experienced team allows us to approach managers with a flexible offering and address whatever their administrative issue might be. We employ the most flexible administration model in the market in a way that only Petra can.
Petra provides outsourced fund administration, management company and compliance services to private equity and credit managers of all sizes. This offering, includes a full technology suite, allowing managers to completely rely on Petra for their back-office needs.
As asset managers have grown so have the number who would rather run in-house technology solutions with data being used in firm wide data lake projects. Petra works with managers to provide dedicated or semi-dedicated teams who can operate within an asset manager’s existing technology and processes.
As the regulatory and limited partner demands on asset managers have grown, head counts have swelled in back offices. Petra works with asset managers to provide an alternative to growing the back office, providing wholly dedicated third party expertly sourced and managed teams to handle certain fund administration, reporting, and IR functions.
For asset managers who would like to co-source but still retain the institutional knowledge of their in-house staff, Petra can take over the management of an asset manager’s back office, provide a new home for employees, cutting-edge technology solutions and process improvements, all while retaining the institutional knowledge built up over years and providing cost saving and efficiencies for the asset manager.