Private Equity Funds go talent shopping for portfolio companies

MUMBAI: Private equity (PE) funds have turned job providers in a market that has otherwise grown sluggish on account of a protracted economic slowdown. Top funds, which have infused capital into greenfield ventures, are hiring a significant number of mid and senior-level managers to staff these new businesses. PE firms such as Advent International, Blackstone, Carlyle, General Atlantic, SoftBank, Naspers, Temasek, Everstone, True North, TA Associates, Kedaara Capital, and Multiples Alternatives, which have created ‘investment platforms’ in the recent past, are said to be hiring for leadership roles in their investee companies.