Petra Funds Group

In 2024, Petra Funds Group expanded its library of thought leadership to provide private fund managers with actional insights to navigate challenges and stay ahead in a dynamic landscape. From deep dives into various fund administration models to strategies for optimizing fund operations to regulatory compliance updates, our insights have been curated with your success in mind. Explore our top 5 insights from 2024 and follow us on LinkedIn for our latest news and insights. 1. Navigating the Complexities of Modern Fund Management: The Rise of Lift-Outs: https://lnkd.in/eQeNEFRx 2. Reshaping the Fund Administration Model: The Rise of Co-Sourcing in Private Equity Operations: https://lnkd.in/e5--jrYi 3. Navigating the Path to Fund Launch: The Role of Launch Advisory Service Providers: https://lnkd.in/eXSch-3Q 4. SEC and FinCEN Propose Customer Identification Program requirements for SEC Registered Investment Advisers: https://lnkd.in/eV44qSpu 5. Balancing In-House Expertise and Outsourced Efficiency in ESG Reporting: https://lnkd.in/ex6Nv-ej Click here to access our full thought leadership library: https://lnkd.in/ewH7Wi4Y #ThoughtLeadership #FundAdministration #PrivateEquity #PrivateCredit

Happy Holidays from Petra Funds Group! As we wrap up the year, we want to extend our deepest thanks to our incredible clients and partners. Your trust and collaboration have been instrumental to our success, and we are truly grateful to have you as part of our journey. Wishing you a joyful holiday season and a successful New Year. We look forward to achieving great things together in the year ahead! #HappyHolidays #NewYear

✨ Spreading Holiday Cheer with the Petra Funds Group Team! ✨   This season, our team came together coast-to-coast to celebrate the holidays at our annual parties! Moments like these remind us how special it is to work with such a talented and dedicated group.   Here's to even greater success, teamwork, and joy in 2025! 🌟 #HolidayParty #Teamwork #PetraFundsGroup

Exchange-Traded Funds (ETFs) have long been valued for their transparency, liquidity, and low costs. Now, a new frontier is emerging: private credit ETFs. Innovators like Apollo and BondBloxx are making this traditionally illiquid asset class accessible to retail investors, offering daily liquidity, lower minimums, and greater transparency. While challenges like liquidity mismatches and regulatory caps remain, firms are deploying creative solutions to bridge the gaps. For fund administrators like Petra Funds Group, this trend creates opportunities to innovate with tools for compliance, liquidity management, and automation. In a recent article, our private credit experts, Kira S., Jacob Bastarache, MBA, and Adam Weiss, discuss this interesting development in the private credit space. Discover more by clicking here: https://lnkd.in/ebQHNi7a #PrivateCredit #ETFs #FundAdministration #PrivateFunds

Starting a new fund can be challenging. Our goal is to make your first fund feel like the fourth by giving your investors an experience they are familiar with. There is no substitute for experience. We have the expertise to guide you through the process—from setting up your fund vehicles to selecting the right service providers. We'll help streamline your operations, align your fund with ILPA best practices, and ensure compliance with SEC regulations. Learn more about how an experienced launch advisory provider can set you up for success here: https://lnkd.in/eXSch-3Q Contact a member of our team to learn more: https://lnkd.in/geA9Bt2G #fundadministration #privatecredit #privateequity #fundservices #launchadvisory

Private equity firms face unique challenges when preparing for their year-end audit due to complex fund and investment structures, compounded by limited partner reporting requirements and tax regulations. Whether this is your first audit or fifth, following best practices while preparing for the fund’s year-end audit can help minimize audit issues. Read our article that was featured in Private Funds CFO to discover three challenges that often arise with private equity audits and solutions to minimize friction: https://lnkd.in/eGckH2UY #PrivateFunds #Audit #PrivateEquity #FundAdministration

As we approach 2025, it is important to prepare for upcoming SEC regulatory and code of ethics rules compliance deadlines that impact registered investment advisers. Staying ahead of these requirements is critical to maintaining compliance and avoiding potential penalties. Here are key dates to add to your calendar: •Access Person Quarterly Transactions Reports – January 30, 2025 •Access Person Annual Holdings Reports – February 14, 2025 •Annual Form ADV – March 31, 2025 •Annual Form PF – April 30, 2025 Now is the time to review your processes, ensure your reporting is accurate, and address any gaps. If you’re looking for assistance with your regulatory compliance obligations, let’s connect. Learn more about our regulatory compliance services for private funds here: https://lnkd.in/gKZmXaYm #regulatorycompliance #SECcompliance #privateequity #privatecredit #fundadministration

This Thanksgiving, we pause to share our heartfelt gratitude to our clients and colleagues who have made this year one of growth and success.   We thank you for the privilege of working with great people and great companies. As we look ahead to 2025, we’re excited for what’s to come and grateful to have you alongside us for the journey. Wishing you a joyful, safe, and memorable Thanksgiving holiday! #thanksgiving

Managing Director and Head of Private Credit, Adam Weiss, spoke to April Joyner and Michael Bowen about the shift private credit managers are making as they increasingly seek out retail investors and how ETFs as an investment vehicle could help popularize the asset class for this investor base. Read the article published in LSEG here: https://lnkd.in/eJmddPYw #privatecredit #retailinvestors #fundadministration #ETFs

What sets the experience of working at Petra Funds Group apart? Lauren Ramkalawan, Fund Accounting Manager in Petra's New York office, shares how the complexity of private fund accounting sparked her interest in building a career in the industry. "No two funds are the same, which means there’s always a unique challenge or a new concept to keep me on my toes. I love that this role requires constant learning as it offers me continual growth and variety, which was what drew me to private fund accounting in the first place."   To learn more about Lauren, click the link below. #fundaccounting #fundadministration #employeespotlight #privatefundaccounting