In an effort to recruit and retain new talent, PE firms of all sizes have prioritised talent management above everything aside from asset growth.
With private markets taking a hit after two years of record returns, PE firms may have to be less selective when it comes to hiring new talent and focus more on retention within their businesses instead.
Just under a third of private equity firms are currently seeking data analytics, science and programming recruits, according to data from Private Equity Wire’s latest survey.
The switch to a more tech-orientated business can also allow a firm to limit issues such as key-person risk higher up in the organisation, by drawing more value from data and analytics instead of a person’s network or knowledge.
Read more: Private Equity Wire
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