Insights from the Markets Group Private Equity Conference in San Francisco Fundraising remains a critical challenge for private equity firms in 2024, with most GPs struggling to secure capital in an increasingly competitive landscape. Melissa Norris and Beth Rustin hosted a roundtable at the Markets Group Private Equity Forum in San Francisco, where they facilitated a discussion with over twenty general partners and service providers from across the US. The discussion highlighted many of the fundraising difficulties faced by private equity firms and how they are addressing these challenges.The Current Fundraising LandscapeAs of June 30, 2024, private equity fundraising has
Read About ItIn today's competitive recruiting landscape, attracting and retaining top talent requires more than just a solid job description. It's essential to adopt best practices that foster a positive experience for candidates while ensuring alignment within your internal team. Here are some key strategies to keep in mind and pitfalls to avoid when navigating the recruitment process. Define the Role Clearly One of the foundational elements of effective recruiting is a well-defined role. Clearly articulate the responsibilities, expectations, and scope of the position to ensure candidates feel grounded and confident about what the opportunity entails. It's equally important that your internal team
Read About ItAs an executive search practice led by women, we have been on the front lines of recruiting qualified, diverse leaders in the investment management industry for the past 22 years. When Claudia Goldin was awarded the Nobel Memorial Prize in Economic Sciences last year for her work on the gender pay gap and women in the workforce, it made us reflect on what we see as we interact. [qodef_separator class_name="" type="normal" position="center" color="" border_style="" width="" thickness="20" top_margin="" bottom_margin=""] Goldin ties the persistent gender pay gap to specific factors, some of which we have highlighted below. Alongside, we have included our own
Read About ItDrawing from over two decades of experience in investment management executive search at Jamesbeck, the biggest key differentiator we have seen amongst those in senior leadership roles is Emotional Intelligence, or EQ. The term EQ can have varying interpretations, often nebulous and unspecific. In collaboration with Megan Staczek from Capacity Group, we intend to demystify what EQ is and how you can leverage it more effectively in your workplace. With investment management firms becoming less siloed and more collaborative internally, the need for leaders with strong EQ is increasingly important in order to bring disparate functions and agendas together. Distribution has become
Read About ItThe adoption of alternative investment strategies has accelerated in the private wealth distribution channel in recent years with most people expecting this to continue. Managers with existing market share have expanded their retail distribution efforts, and there are many new entrants who have established specialized distribution teams for the intermediary channel. Firms with established teams like Blackstone and KKR have continued to scale their roster of private wealth distribution talent, in particular Blackstone, and firms like Apollo, Blue Owl, TPG, Partners Group, Golub Capital, and others have more recently scaled their retail distribution effort. Alternatives penetration at the large wirehouses
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