Login Newsletter Subscribe About us Search

Recruitment

Gen Z call for PE to boost ESG credentials

Private equity firms should better highlight their ESG credentials if they want to secure the next generation of top talent within a fiercely competitive candidate market, new research finds.

Profile: Laurent Marvy, PAI Partners

The head of HR discusses the key differences of HR & talent across the globe, PAI’s HR set up and advice for firms wanting to maintain culture in a hybrid environment

PE firms must educate non-traditional recruits to secure talent

The industry must educate individuals about how their firm operates in order to enable recruitment from non-traditional backgrounds

City Hive launches D&I reporting framework

The new framework aims to assess company culture in a bid to prevent greenwashing diversity

And the nominees are…

SyndicateRoom’s Graham Schwikkard recounts his journey from COO to CEO by bringing the firm’s tech function from Portugal to the UK, leading to the creation of a bespoke nominee platform to run its EIS fund

Techwork 2022: Victor Davies, Bregal Investments

“We want to build in more automation and use data in a more intelligent way to make decisions, across our IT and investment teams.”

“Every PE firm should have a CTO” - Jolt Capital

The need for PE firms to have a CTO is becoming increasingly important, and could become key to a firm's survival

The DEI is cast

Riverside Europe's Dörte Höppner gets under the skin of private equity's diversity, equity and inclusion problem

Team recharge

Following two years of continued disruption to routines and ways of working, private equity professionals are facing an ongoing feeling of fatigue. As we move into hybrid models, what are firms across the globe doing to re-energise their employees?

Ares, BlackRock among new BWAM partners

Helios, JP Morgan AM, M&G, Maniyar Capital, Morningstar and State Street Global Advisors also join BWAM as industry partners

Profile: Devin Glenn, Blackstone

The managing director, global head of diversity, equity & inclusion discusses how Blackstone collects and measures DEI metrics, where DEI sits within the firm and what she's achieved so far

PE & VC firms failing to meet industry EDI standards

Equality Group’s latest D&I index ranked Advent International in first place for the second year in a row, with a top score of 65%

5 minutes with… Monel Amin, DiligenceVault

“One of the biggest friction points we see is the lack of standardisation. Diligence standards have emerged, but adoption remains sub-scale.”

Profile: Richard Drover, Apis Partners

The CFO discusses his responsibilities outside the finance function, his 100-day plan of action to improve and enhance Apis' processes as well as the challenges of joining a new firm

Finance function seeks tech talent

Intertrust’s latest survey found most CFOs expect to hire professionals with this skill set over the next three years

CFOs: cost and resource constraints prevent ESG integration

Intertrust’s latest survey found this to be the biggest obstacle CFOs face when integrating ESG into their investment processes

Profile: James Harper, Apposite Capital

The CFO discusses why he has taken over the IR function, what processes and frameworks he's put in place since joining, as well as how the firm's bespoke DD for ESG differs from their peers

5 minutes with… Mark Coppin, Standish Management UK

“It’s not just about having a relationship manager, it’s about knowing the intricacies of each other's preferences, styles and ways of working, to get the best experience and standard of service possible.”

PRI: DEI is more than just gender and diversity

According to PRI, LPs have a vital role in affecting systemic change on DEI issues, not only within their own organisations but also wider society

Hybrid work models are here to stay

EY’s latest report found the majority of GPs expect hybrid models to be a permanent fixture for the future

Profile: Bart Elema, Waterland Private Equity

The partner, CFO & risk officer discusses how his role and responsibilities have evolved over nearly two decades, why Waterland domiciles its funds in the Netherlands, as well as securing the firm's first ESG equity bridge facility

Operational forecast for 2022

We take a look at Alpha FMC’s predictions for PE operations this year, as well as individual forecasts for CFOs, COOs, CTOs, CDOs and heads of compliance

Deep dive collection

Selection of The Drawdown’s extended analysis features from 2021

5 minutes with… Stephen Millard, Included VC

“If organisations do not have high permission, high trust or are not open and conscious to allowing their employees to be their true selves, nothing will change.”

Private equity’s great resignation

PE practitioners are on the move; is the industry's slow start around diversity and inclusion coming back to haunt it?

UK male managing partners earn €200k more than female counterparts

UK male managing partners earn €774.30k on average, while UK female managing partners earn €545.83k

Two-thirds of ethnic minority financial services employees experience discrimination

“There is more work for all of us, and the problems and challenges that remain will only be solved if we address them collectively. This must have everyone’s attention.” -- Joerg Ambrosius

Livingbridge’s Conway joins Crowe

Jono Clare has been named as the GP's new head of tax

Comment: The first time

Khuram Bajwa of OneTen Associates discusses real life examples of hiring a CFO for the first time

The evolution of HR

Attracting talent in an increasingly competitive landscape, nurturing and developing teams, navigating the post-Covid landscape - today's HR and talent practitioners have plenty on their plates

FCA, PRA & BoE outline D&I initiatives

“Regulators and industry need to work together to increase diversity at senior levels and ensure the UK’s financial services firms are best equipped to serve the economy”

North America ahead of Europe on D&I

75% of North American GPs said they are more likely have taken action to support equity and advancement of women and employees from underrepresented groups

Role Call: D&I officer

The diversity & inclusion role is emerging in private equity, but how necessary is a dedicated officer?

Diligencing diversity

Gender diversity is a key issue for private capital markets, but are LPs digging deep enough when diligencing fund managers?

A guide to improving gender diversity

What can PE houses do to better their employee ratios? Sasha Graham of Equality Group provides her top insights

Right-sourcing

A year of remote working has catalysed already changing attitudes when it comes to recruitment versus outsourcing

Recruitment: Operations/Finance award winner: Bower Talent

Bower's innovative approach and continued work on D&I saw the firm take home the gong

Auxadi appoints five

Inflexion-backed Auxadi provides corporate services to private equity and real estate firms

BVCA publishes D&I guidelines

The guidance aims to help increase investment in under-represented founders and drive diversity and returns across PE and VC

GPs prioritise D&I

According to EY's latest report, 56% of GPs are aiming to increase gender representation this year compared to 47% in 2020, according to a new report

Debevoise promotes Amos

Amos joined the law firm in 2010 and was initially based in New York

Class of 2020

A cross-section of industry practitioners share their greatest lessons of this year

5 minutes with… Georgina Bale, Bower Talent

The CEO of the recruitment firm discusses why Bower specialises in ops roles, its D&I inclusion goals and the future of PE recruitment over the next year

LISTEN: InCloudCounsel’s Pospisil on private equity roots

In the first instalment of our mini podcast series, Alice Murray talks to Troy Pospisil, founder and CEO of InCloudCounsel about the company’s origins: what drove him to set up the firm and how it has developed over the past seven years.

Comment: Stepping back (rather than looking back)

Nicola Morgan of The North Star Partnership urges leaders to take a step back and consider the potential opportunities of re-invention and innovation brought about by the pandemic

Culture shock: ESG, compliance and LPs

We caught up with representatives from PE houses across Europe to find out how ESG, compliance and investors have impacted culture

BWAM calls on industry to dismantle racial inequities

BWAM's open letter to investment firms calls on them to commit to action, activism, and accountability to dismantle the racial inequities plaguing society

Human traffic

We caught up with PER about the latest hiring trends and return to office activity across the UK and Germany

Blackstone to open Miami tech HQ

The Miami office aims to support Blackstone’s tech team’s immediate need for more talent, The Drawdown understands

WATCH: No place like home: finding the right fund domicile

Predictability, reliability and quality are key components, according to our expert panel

Culture shock: Recruitment and D&I

We asked representatives from PE houses across Europe how recruitment and D&I has impacted culture

The fixer

The chief of staff role is emerging in private equity but what does it actually do, and do you need one?

Profile: Peter Finden Bamrud, Verdane

The head of analytics discusses joining PE straight out of uni, the biggest challenges the industry faces and the importance of harnessing data correctly

Profile: Ruth Tompkins, EQT

The HR director for EQT's PE team discusses how she found herself working in PE, the importance of good culture at the top and how the firm is focusing more on diversity

Private Equity Service Provider Awards: Shortlist Announced

Announcing the finalists for the 2020 Private Equity Service Provider Awards

Comment: Considerations for hiring tax talent

As the importance of having internal tax resources grows, what needs to be considered when hiring this type of talent?

PE won’t make full office return until 2021

PER found 23% of respondents expect to make a complete return to the office between July and August while 37% are planning a full return between September and December

It’s never too data

Data is the here and now. So how do you actually use it? What steps can you take today?

Comment: Bringing tax resource in-house

PE firms ought to think seriously about bringing tax expertise in-house, says Simon Bowden, search director, March Consultants

Join us: HR networks

Part two of our mini series on networks in PE: this instalment explores HR networks and finds they've been especially supportive during the crisis