Employee rosters at nine publicly traded private equity firms continued to grow in 2023, but at a slower pace than the previous year, according to an analysis of 10-K filings by Private Equity Career News.
The nine companies added 1,813 employees last year, to reach 20,146 total, for a 10 percent increase. By contrast, in 2022 those same nine companies recorded a 19 percent increase in combined employee count, as reported for a story last year. Participating companies do not typically break out organic hiring versus employees added via acquisition.