Climate Changed
Private Equity Firms Race to Recruit in Pre-Christmas Showdown
- ‘It disadvantages recruits, and it disadvantages us’: Bain
- Firms compete to attract top candidates for analyst class
Photographer: Michael Nagle/Bloomberg
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The private equity recruitment cycle is starting earlier than ever, forcing firms and candidates into the frenzied process before Christmas.
Last weekend, Francisco Partners Management was making offers for spots in its 2019 analyst class. By late Sunday, fellow California firms TPG Capital and Silver Lake began arranging interviews after catching wind that others had started. Firms in New York were on the move by 5 a.m. Monday.