Looking back over the past decade, Charlie Hunt, PER Director of UK, reflects on the huge number of funds that have been raised and how private equity has become a mainstream asset class. He has high hopes for the industry heading into the 2020s, predicting that more money will go into illiquid assets than ever before and private equity will become more accessible than ever before.
Charlie explains how these trends have and will affect recruitment trends in this growing industry, particularly as competition for the limited private equity and venture capital hiring pool increases. He sees the whole industry moving from being generalist investors to being specialists in subsectors such as tech, retail and real estate and more varied roles opening up as private equity funds become large institutions.
From succession questions to diversity, Charlie discusses the biggest questions facing private equity and venture capital recruitment as we move into the new decade and sets out what he sees as the biggest challenges and opportunities in the years ahead.