N@N

Wall Street is on the cusp of ending the dumbest recruiting cycle known to man, and we all could stand to benefit from it

The private equity industry is undergoing a significant shift in its recruiting practices, with major firms like Apollo and Blackstone moving away from the traditional model of hiring junior bankers from investment banks. Instead, they are increasingly looking to train and develop their own talent internally, a trend that is expected to accelerate in the coming years. This change is driven by several factors, including the desire to reduce costs, improve retention, and build a more diverse workforce. As a result, the competition for top talent is intensifying, and junior bankers are facing new challenges in securing private equity roles. This shift is also prompting investment banks like JPMorgan to adapt their own recruiting strategies to better prepare their analysts for the evolving private equity landscape.

Read the Full Insider Article at:
[ https://www.businessinsider.com/private-equity-recruiting-change-pe-associates-junior-bankers-apollo-jpmorgan-2025-6 ]