TLDR:
- Private equity firms are increasingly focusing on hiring HR professionals with strategic thinking abilities.
- 12 million people are now employed by PE portfolio companies in the U.S., indicating the sector’s growth.
Mar Hernandez, a co-founder at NU Advisory Partners, has observed a significant shift in private equity firms’ approach to talent acquisition, with a growing emphasis on hiring HR professionals who can think strategically about talent across their holdings. This change is driven by the increasing role of private capital in various industries, as evidenced by the 12 million individuals employed by PE portfolio companies in the U.S.
The assets managed by private capital have also seen a substantial increase globally, reaching $22.6 trillion, underscoring the sector’s significance in today’s business landscape. Hernandez, with her background in corporate officers, DE&I, and financial services, brings a wealth of experience to the table, leveraging her firm’s technology-enabled approach to identify talent that can support various industries’ evolving needs.
Key insights shared by Hernandez include the importance of HR leaders in the PE sector, as they play a vital role in supporting the executive team and driving business agendas across portfolio companies. The demand for senior HR professionals who can align talent strategy with financial objectives is on the rise, highlighting the dynamic and complex nature of the sector.
Furthermore, candidates for PE-backed roles must demonstrate agility, adaptability, and a willingness to navigate rapid changes within portfolio companies. The focus on operational efficiencies and growth, coupled with a track record of contributing to successful exits, underscores the critical role of talent acquisition in driving value for PE firms.
Hernandez’s strategic approach to client engagements involves a deep understanding of the company’s strategy, challenges, and capabilities, culminating in the identification of talent that aligns with the client’s objectives and cultural fit. This tailored approach, combined with NU Advisory’s efficient team and extensive networks, positions the firm as a valuable partner for PE firms seeking top-tier talent.
