From fledgling roots in post-war America when some of the first private equity deals were executed, to the 1960s when some of the earliest formalized funds were created to allow investors to participate, Private Equity (PE) as we know it today, has exploded in growth and moved ever-closer to the mainstream public consciousness.
Whilst drawing down on committed funds and having capital “at work” is most people’s core understanding of what the modern PE firm does, having the right Human Capital in place to maximize return on assets and marshall the firm’s capital adequately, is of equal critical importance. Against this backdrop, it is perhaps a logical development to see the evolution and rise to prominence of the Chief Talent Officer role in the modern PE firm.
