Private equity funds add key manpower for future growth

It was supposed to be a washout year. With the economy coming to a standstill with a raging pandemic and the resultant lockdown, businesses suffered the most. But hiring in private equity funds across stages paints a different picture — one that is of green shoots and optimism.

According to data exclusively put together for ET by staffing firm Native (erstwhile VitoAltor), there were about 220 hires in global and domestic private equity and venture capital funds in India in the past one  year, the highest at least in five years. There were 165 moves in 2019, and just over a hundred each in the previous two years.