Today, Petra Funds Group (“Petra”), a leading independent private funds administrator, is pleased to announce the appointment of Mark Lacana as Managing Director and Head of Business Development. In his new role, Mr. Lacana will spearhead business development strategies, with a primary focus on middle-market private equity and private debt funds.
With over two decades of experience building and expanding fintech companies within the private funds industry, Mr. Lacana brings a wealth of expertise to Petra. His extensive background in business acquisition, sales process enablement, and relationship management will play a crucial role in executing Petra’s growth strategy.
"We are delighted to welcome Mark to our team at this pivotal time," shared Peter Haskopoulos, Co-Founder and Managing Partner. "Since our inception, our growth has shown that the market was demanding experience. Going forward, Petra will continue to strategically position experts in key roles to ensure exceptional client service and further grow the business. Mark's proficiency in business development and his experience scaling companies will be instrumental as we continue to create a new breed of fund administrator which can act as a trusted advisor to the CFOs of private equity and private debt firms.”
Prior to joining Petra, Mr. Lacana served as Chief Revenue Officer at Fund Recs, where he successfully executed the company's go-to-market strategy, identifying new revenue streams and driving market share growth. He also held prominent positions, including Head of Global Sales at AltaReturn (now part of Allvue Systems) and Vice President of Sales at TheNextRound, Inc. (now part of SS&C Technologies). In these roles, he led sales teams and played a pivotal role in driving firm growth.
"Mark's seamless integration into Petra's culture and an unwavering alignment with our core values make him an extraordinary addition to our team," declared Stephen Coats, Co-Founder and Managing Partner. "In line with our approach of recruiting top talent from within the private equity industry, Mark brings with him invaluable insights gained from his extensive tenure at leading private equity software companies. His profound understanding of the asset class and extensive network of relationships will be instrumental in propelling our growth trajectory and fortifying our client base across North America and Western Europe."
“Petra’s robust offering and differentiated approach to fund administration excites me,” Mr. Lacana commented. “With an unwavering focus on delivering exceptional value to our clients, I am confident that together we will carve new paths, forge strategic alliances, and redefine success in the ever-changing landscape of the private funds industry.”
