Shortreads

MUMBAI: As global and domestic private equity funds step up their India presence in the second lap of their journey in the country, they are beefing up their teams with junior-level talent to help them source and execute deals better. And the funds are paying these young undergraduates and graduates from top Indian and global institutes, in the age group of 23-28, anywhere between Rs 35 and Rs 80 lakh, say headhunters and industry experts.

There have been more than two dozen people in that age group who have been hired across funds in the past 12-18 months. Barings Private Equity Asia hired Rohit Agarwal in March this year, Advent International hired analysts Deepanshu Agarwal in 2016 and Aamir Zeb in 2015, Blackstone hired Nikhil Goyal and Sabah Farheen, and Vedant Saboo as analysts in 2015, to name a few.