Private Equity 101

What Is Private Equity? The Definitive Guide

Key takeaways
01

CIPD accreditation is widely regarded as a fail-safe reassurance of your ability.

02
PE firms need HR generalists who can act without precedent, from payroll to strategic work.
03
Firms consistently expect long tenure, sector experience and a strong academic record.
04
Visibility is high: average is not accepted, but initiative is rewarded.
In the private equity sector, human resources and talent acquisition roles are highly competitive. Firms are looking for ambitious and talented HR generalists who will not only hit the ground running but take the initiative and lead.

The CIPD Accreditation

An accreditation from the Chartered Institute of Personnel and Development (CIPD) is highly regarded, providing professional credibility. People in private equity don’t necessarily know very much about HR, so the CIPD accreditation is widely regarded as a guaranteed fail-safe reassurance of your ability.

Large Banks vs Private Equity

In larger banks, every scenario has likely happened before and policies exist. In private equity, you have to be adept at acting without much guidance and very little precedent. Niche buy-side firms require HR generalists rather than specialists. The HR role encompasses working at the coalface with operational details (like payroll and urgent contracts) as well as higher-level strategic work.

Niche buy-side firms are looking for HR professionals who are both hands-on with the operational work as well as strategic thinkers.

What PE firms always expect

  • Long tenure: Consistency and stability are paramount. Three to four years in a role is considered good.
  • Sector experience: Private equity, hedge fund, or broad financial services experience allows candidates to hit the ground running.
  • A good academic record: Intellectual acumen and a strong work ethic are prized qualities.
You must acknowledge the visibility and high expectations in a PE firm. Average is not accepted. If you take the initiative and deliver the best, you will shine and reap the rewards.

More career guides

Private Equity 101

What Is Private Equity? The Definitive Guide

What is private equity? How does it work? Is it a good career choice? An insider’s introduction to one of the main pillars of the global economy.
6 min read
Career Advice

How To Write The Perfect CV For Private Equity

Private Equity is a prestigious but highly competitive path. Your CV needs to make an outstanding impression from the very first glance.

7 min read

Finance & Operations

The Accounting & Finance Functions in Private Equity

Finance functions in private equity provide rewarding career options and clear routes to the C-Suite. We explore fund vs corporate accounting and typical progression paths.

8 min read