Specialists and those with experience in emerging markets are among the most sought-after candidates for the few private equity jobs opening up this year. That’s the word from the Wharton Private Equity Conference which kicked off this past week.
Aditya Joshi, co-chair of this year’s conference, will be heading back to his home country (India) after earning a Wharton MBA this May, according to an article in the Wall Street Journal online. Joshi said he’s seeing a continuing trend of students gaining PE training here in the U.S., and bringing that expertise back to Brazil, India, China, or Eastern Europe. Nearly half of Wharton’s students are international students.
“We’re seeing more interest from emerging markets private equity firms to bring people who have strong private equity and financial experience to those regions,” said Jonathan Goldstein, a partner with the recruitment firm Korn/Ferry International.
In addition, specialists with backgrounds in alternative energy and growth equity deal origination are in demand.
{ 1 comment }
Yes, moving to emerging regions as career option has been the trend for few years now. This is obvious considering that when native country provides room to the talent to exhibit and grow, other regions become secondary. Major PEs opening their offices in emerging countries, leaving senior management positions to start a fund, and opportunity to become partners of existing fund to capitalize experience is the regions are the reasons for the new found interest.
Comments on this entry are closed.