Publicly traded private equity firms built out their payrolls rapidly last year, with growth rates ranging from 8 percent to 29 percent, an analysis by Private Equity Career News shows.
An examination of nine firms shows a total workforce increase of 19 percent in 2022, with more than 3,000 new employees added in total, according to employee counts provided via 10-K filings. The firms did not typically break out growth from organic hiring versus growth via acquisitions.