From boom to bust, the private equity industry is attempting to reinvent itself for a much-changed world. Alex Aldridge assesses its chances of navigating the challenges ahead
A few weeks ago news got out that Bain Capital, one of the world’s leading private equity firms, was holding interviews for junior investment professionals a month earlier than usual. Bain’s competitors, which include Kohlberg Kravis Roberts & Co (KKR) and The Blackstone Group, moved quickly, bringing forward their pre-scheduled cocktail party recruiting events.
