GTCR, the Chicago-based private equity firm, announced that Rohan Ranadive has joined the firm as managing director and chief financial officer. Ranadive succeeds Anna May Trala, who is retiring after a long tenure as GTCR’s CFO.

Trala will remain affiliated with the firm, serving as a senior advisor going forward. Based in GTCR’s Chicago offices, Ranadive will oversee the firm’s finance and portfolio analytics groups.

On behalf of the firm, Co-CEOs Dean Mihas and Collin Roche shared, “We are excited to welcome Rohan to the GTCR team. His background and leadership, including deep experience working across the private equity industry, will be a valuable addition as we continue to invest in our platform, support our portfolio companies, and further our long-standing approach to building great businesses.”

Ranadive brings over two decades of experience in private equity and financial management. He joins GTCR from Vista Equity Partners, where he was managing director of finance operations. Previously, he was the chief financial officer of Aviditi Advisors and spent 12 years at TPG Capital in various finance and accounting leadership roles after beginning his career at Ernst & Young.

“I am thrilled to join GTCR, which has a disciplined investing approach, performance orientation and strong partnership culture that set a high standard in the industry,” said Ranadive. “The Finance and Portfolio Analytics teams have played a critical role in the success of GTCR, and I’m fortunate to join the existing strong team as we look to contribute further to the growth and development of GTCR. I look forward to leveraging my experience, working closely with the team to continue to set a standard of excellence.”

As a senior advisor, Trala will continue to support the firm and contribute to the success of its portfolio.

“We thank Anna May for her many years of leadership and contributions at GTCR,” said GTCR Co-CEOs Dean Mihas and Collin Roche. “During her 22 years with the firm, Anna May led the critical build-out of our finance organization, maintaining a standard of excellence and mentoring many team members. Her transition to Senior Advisor ensures GTCR will continue to benefit from her experience and expertise.”

On January 20, GTCR announced that it had partnered with Gary Swidler, a consumer technology executive, to form Ascent Sports Group, a new technology platform reportedly designed to “improve experiences for athletes, families, coaches, teams, leagues, and venue owners across youth and amateur sports.”

Images courtesy GTCR / LinkedIn