Private equity funds are certainly hiring. Without exception, London's private equity recruiters say they're working feverishly hard. "It's a very active market," says Charlie Hunt, Director of UK at PER.
eFinancial Careers has reported on the ramping up of hiring within private equity funds. Charlie Hunt commented on the lack of hesitation among junior bankers offered private equity roles. "Most bankers accept them because private equity is a long-term play," he says. However, he agrees that private equity funds are under pressure to increase pay in response to banks' rises.
"When banks increase their compensation, private equity funds always end up reacting," says Hunt. "- But there's usually a lag."
Click here to read the full article on eFinancial Careers' website.
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