No one was more amazed at the magic of growth-oriented private equity careers in the 2010-2021 period than we were. Ivy league MBAs were in incredibly high demand, pushing mid-level compensation programs to all-time highs in private asset firms of all types. Financial engineering and opaque fees won the day with acceptable returns flowing to asset owners. But the bubble is unfolding, and the real skills of making a struggling company more profitable are now coming into view. We expect a new wave of executive demand in the operations improvement arena to drive several years of robust executive recruiting partnerships to fill this gap. We hope you are on the right side of this curve.
