PCA Hiring & People Moves Report, H1 2026
After a slower 2025, the first half of 2026 has seen fundraising momentum build steadily, with GP dry powder, stabilising interest rates and stronger credit markets creating a more constructive backdrop across private capital. That shift has translated directly into hiring activity, with Private Capital Advisory groups, particularly in secondaries, remaining firmly in expansion mode as global secondary transaction volumes head towards $250–300bn this year.
Our latest PCA Hiring & People Moves Report tracks the key personnel changes across the market through H1 2026, mapping where talent is moving from, which firms are scaling fastest, and how hiring priorities are shifting as advisory practices widen their remit beyond traditional PE secondaries into credit and infrastructure. It also looks at the retention challenge now facing firms across the market, and what the Lazard and Campbell Lutyens tie-up means for hiring behaviour across competing teams.
The full report includes a detailed breakdown of moves by seniority and gender, along with our take on what these trends mean for firms building out their teams and for candidates weighing their next move.
If you’d like a copy of the report and to talk through what these trends mean for your specific hiring plans, get in touch with our Private Capital Advisory team below and we’ll arrange a time to meet.
