Following a period of strong dealmaking activity, market conditions are shifting and middle-market private equity firms, as well as their portfolio companies, are preparing for a slowing economy. The question is, how will the looming recession and rocky market conditions impact hiring and compensation in 2023?
“We have seen an overall increase in hiring over the past couple of years. Private equity firms have always recruited traditional investment or deal professionals, but they are now also hiring in other functional areas. They are recruiting in-house operating partners, finance, accounting, business development and marketing professionals.”
This is an excerpt from an article originally published in ACG Middle Market Growth Magazine. Read the article HERE.
If your organization is ready to place change-making talent, get in touch with any of us on the Townsend Search team and experience The Journey to placing top executive talent.