Finding top talent, retaining middle-level staff remain key challenges for PE in SE Asia

Finding top talent, retaining middle-level staff remain key challenges for PE in SE Asia

Photo: Brooke Cagle/Unsplash

As private equity investments in Southeast Asia see a record surge in size fueling the need for investment professionals in the space, talent acquisition at senior levels and retention of mid- level professionals remain biggest challenges facing these entities, according to a regional boutique industry-focused executive search firm.

“Vice president or director-level professionals are the hardest to find (for PE). These are one or two level under partner level which is the harder role to find. When bigger funds ask me, I can tell them there are five or ten people in the market but they are not movable as some just moved, some got promoted or some left to start their own funds,” Tily Chu, the Founder and CEO of Singapore-based TC Consulting Asia, told DEALSTREETASIA in a recent interaction.

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