Robust hiring in the APAC private capital market and cash compensation is on upward trend says Heidrick & Struggles

Heidrick & Struggles, founded in 1953, is an executive search and consulting firm with experts that offer counsel on areas around diversity and inclusion, leadership, organisation and culture across industries serving more than 70 percent of the Fortune 1000, with clients in virtually every industry and sector around the globe.

Despite the market volatility and shockwaves of the pandemic affecting businesses across the region, the survey reports a rise in compensation across the board.

Shashwika Ravishankar, the Principal at the Heidrick & Struggles’ Singapore office, and a member of the Private Equity Practice in Asia Pacific and the global Technology & Services Practice, explains some of the key takeaways from the survey including:

• The steady increase in cash compensation in the private equity (PE) industry despite grappling with the after-effects of the pandemic
• Sectors that have shown the greatest resilience in the past two years are healthcare, consumer, technology, and renewables
• As more PE firms are moving to multi-strategy approaches, industry experts with local knowledge will be in high demand

She also talks about:

• the market sentiment in Asia Pacific and the differences between countries in the region.
• the PE market consists of varying assets, whether some performed better than others during this period and the reason to it.
• the trends in the talent PE scene and the types of roles currently most sort after.

The study reveals that hiring has been robust in the APAC private capital market and cash compensation is overall on an upward trend. Shashwiker talks about whether there are other forms of compensations that are also increasingly welcomed by professionals.

Lastly, she explains how critical is talent to driving business performance and strategy, and the opportunities for the Asia Pacific PE industry in 2022.

Guest: Shashwika Ravishankar, the Principal at the Heidrick & Struggles’ Singapore office, and a member of the Private Equity Practice in Asia Pacific and the global Technology & Services Practice

Host: Brian Fernandez

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