Petra Funds Group (Petra), an independent private funds administrator, has opened its London office, which will be led by former Riverstone European General Counsel and head of ESG, Charlie Chipchase.
Chipchase, an experienced in-house private equity lawyer with over 20 years of experience, will focus on expanding Petra’s European footprint with an emphasis on maintaining the same commitment to delivering a best-in-class fund administration solution for private equity, venture capital, and private debt funds.
Chipchase joins Petra from Riverstone, where he managed legal, compliance, and regulatory matters across multiple funds, capital strategies, and jurisdictions. At Riverstone, he built out and led all aspects of Riverstone’s ESG program and was a member of the firm’s ESG and D&I committees.
Petra has also appointed Louis Sweeney as its director of compliance. Sweeney has over a decade of US regulatory compliance experience, which he obtained from a combination of working in-house, at FINRA, and in a compliance consulting capacity. Prior to joining Petra, Sweeney advised a wide range of broker-dealers and investment managers on various regulatory and compliance matters, including developing and maintaining compliance programs reasonably designed to achieve compliance with complex federal securities laws and regulations.
Petra works with GPs from first-time funds to large established managers seeking to build or improve their operational infrastructure to allow their businesses to scale.