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Pension systems in New York City, Massachusetts and South Carolina are scouting for new private equity investment leaders.
The New York City Comptroller’s Office has launched a search for a head of private equity, while the Massachusetts Pension Reserves Investment Management Board and South Carolina Retirement System Investment Commission are recruiting for investment officers to work on their private equity portfolios.
Executive recruiters predict that their services will become more in demand this year, a rise propelled by recent hiring trends playing out across the industry, according to a new survey.
“I do think that now things will begin to pick up, and I think we’re going to see…more robust hiring,” said Alexis Alvarez, founder and managing director of talent search firm Career Rockstars.
Two of the nation’s largest pension funds, both big friends to women-led and minority-led firms, are changing up their private equity team lineups.
The $90 billion Massachusetts Pension Reserves Investment Management Board is recruiting an investment officer to join its private equity team and help with a growing portfolio, according to a job ad.