It seems like an entirely different era, but less than a short two months ago the world as we know it changed dramatically with the onset of the COVID-19 outbreak in the US. It seems a bit hyperbolic with the benefit of hindsight now, but from the late-March to mid-April period most of our clients expressed a complete lack of comfort with how COVID-19 would impact markets and, even more importantly, the welfare of themselves and their families. The effects in financial markets were extreme. Across the board we heard the same story from clients: stalled new deal pipelines, intense portfolio management work, and calls to address LP concerns and fears. Throw in glitchy audio/video technology, scattered employees, and additional childcare responsibilities and, suffice it to say, hiring was not front and center in the minds of our clients.
We have spent the past two months maintaining dialogues with our partners, helping them through their active recruitment twists and turns, and paying close attention to their future needs and wants. No two client’s stories are the same, and it certainly has been a challenging time. Yet, while COVID-19 has introduced unprecedented shocks to our community, it also presents new opportunity for what people work on and how they work. Most importantly, the role of talent and organizational values in a post-COVID-19 world will be more important than ever. In times like these we aim to show our value, and remain excited to collaborate with our partners as we all navigate this crisis and prepare for the future.
We have created a reporting detailing updates from across the Private Equity landscape, and the trends in the market as we look ahead. The report includes:
Overview of the current state of private equity
The demand for private equity talent
The supply of private equity talent
Recruitment during Covid-19
Complete the form below to download our full guide.
If you would like assistance in your hiring strategies or job search, don't hesitate to reach out.