Private Equity Firms Look Growth Areas

A note published by Reuters information service reports that in the present financial turmoil Private equity firms are trimming staff in mature markets, but “they are also looking to hire in growth areas”. Their goal: delivering the returns investors seek. The crisis in Europe and the expectations in emergent markets are reshaping the private equity map, the text says. Some companies are shrinking their operations in Europe and looking new opportunities in Asia, thanks to the continent’s resilience in the present situation. Cultural skills and language are relevant for new hires in Asia, where global and local private equity funds try to build teams to invest the capital flowing in the region.

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