![]() ![]() "This has led to a voracious appetite for talent to support this business model," said Adam Harwood, a hedge fund recruiter and founder of Cornice Recruiting. Billions in capital has flooded into multi-strategy giants like Citadel, Millennium, and dozens of their peers, and they're eager to put that capital to work across an array of strategies. The latest launch - from ex-Millennium exec Bobby Jain - could be the largest history. "But if you can source good deals… most big firms will still be interested in you," he said. Just this week, the CEO of PJT Partners, which specializes in distressed M&A and refinancings, said 2023 stands to be the investment bank's "most consequential hiring year ever." And as Insider recently reported, the private-equity industry's annual race to lock in top junior banking talent kicked off earlier than ever this year - a sign of intensifying competition.ĭespite the rush for junior talent, private-equity firms are not exactly desperate to hire given the dearth in deal activity, said Anthony Keizner, who focuses on buy-side recruiting at Odyssey Search Partners. But they still see pockets of hiring activity across the industry. Recruiters acknowledge that hiring has slowed in dealmaking from 2021, when rock-bottom interest rates spurred a record $5.5 trillion in M&A. Mergers and acquisitions may be down but hiring on Wall Street is still hot - if you know where to look.įrom investment banks to hedge funds to private-equity shops, the financial industry is always on the lookout for top talent. Despite an industry-wide slowdown in M&A and IPOs, there are still bright spots in hiring.The database includes headhunters who place traders, dealmakers, portfolio managers, and bankers. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |