Private Equity 101
What Is Private Equity? The Definitive Guide
6 min read
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.
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