Petri, An Experienced CFO, Will Lead PPC’s Finance and Accounting Functions
CHICAGO–(BUSINESS WIRE)–Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced that Andrew Petri has joined the firm as Chief Financial Officer. Mr. Petri brings to PPC more than two decades of experience in investment firm finance, accounting and audit functions. Mr. Petri succeeds Stephanie Paine, who has been with PPC since 2017 and will work closely with Mr. Petri to ensure a smooth transition before departing in December.
“We are thrilled to welcome Andrew to the PPC family,” said Brad West, Chief Operating Officer at PPC. “Andrew brings more than 20 years of experience across accounting, finance, and fund administration and operations. I am confident he will be a valuable leader as we continue to advance and develop PPC’s firm administration and finance functions.”
“I am excited to join the PPC organization,” said Mr. Petri. “I have long admired PPC’s team, reputation, culture, and pioneering position within family direct investing. I am committed to ensuring PPC remains well-positioned to advance its strategic objective of creating lasting value across its family of companies.”
Mr. Petri joins PPC following 17 years at Pfingsten Partners, a Chicago-based private equity firm where he served as Chief Financial Officer and Chief Compliance Officer for the last 10 years. At Pfingsten, Mr. Petri oversaw the firm’s fund accounting, tax, compliance and administrative functions. Mr. Petri, a Certified Public Accountant, began his career at Ernst & Young where he conducted audit engagements of private equity, hedge fund, mutual fund and broker-dealer clients through EY’s Financial Services Office.
“Andrew’s breadth and depth of experience will be terrific additions to our talented firm operations team,” said David Gau, President and Head of Operations at PPC. “We thank Stephanie Paine for her tremendous contributions to building our finance function and team, and wish her well as she embarks on a new journey with her family’s business – a pathway near and dear to our heritage.”
Mr. Petri currently serves on the Board of Directors of the Private Equity CFO Association – Midwest Chapter. He holds a Bachelor of Business Administration in accounting and information systems and a Master of Accountancy from the University of Wisconsin-Madison.
About Pritzker Private Capital
Pritzker Private Capital (PPC) partners with middle-market companies based in North America with leading positions in the manufactured products and services sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. PPC builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. PPC is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.
Contacts
Dan Scorpio / Mallory Griffin
H/Advisors Abernathy
(312) 640-3111 / (212) 371-5999
[email protected] / [email protected]
