2025 Investor Relations & Private Capital Advisory Talent Report
Hiring across Investor Relations (IR) and Private Capital Advisory (PCA) has entered a new phase in 2025. After a measured start to the year, fundraising momentum, secondaries growth, and renewed LP allocation to alternatives are reshaping how firms think about talent.
Our newly released Investor Relations & Private Capital Advisory Talent Report provides a detailed analysis of people moves across buy-side and sell-side firms, tracking hundreds of appointments to identify the structural shifts defining today’s market.
Private capital hiring is no longer driven purely by growth ambitions. It is being shaped by execution intensity. As GP-led secondaries accelerate and cross-border mandates increase, firms are prioritising professionals who can manage full deal lifecycles, oversee complex fundraising processes, and maintain institutional LP relationships at scale.
Within Private Capital Advisory, Associate and Vice President hiring remains particularly active, reflecting the demand for execution-ready talent capable of modelling, diligence coordination, and transaction management. In Investor Relations, hiring is closely linked to larger fund targets and expanding global distribution strategies. Placement agents and in-house IR teams alike are competing for candidates with established LP coverage and demonstrable capital raising experience.
At senior levels, however, the market tells a different story. The supply of Managing Directors and Partners with deep GP-led or specialist fundraising expertise remains constrained. Retention pressures are rising, and firms are increasingly differentiating themselves through carry structures, defined progression pathways, and platform scale.
The report also highlights broader structural dynamics across the talent landscape, including representation trends by seniority, the balance between buy-side and sell-side hiring, and evolving mobility patterns across London, New York, and continental Europe.
For firms, the message is clear: decisiveness in hiring is becoming a competitive advantage. For candidates, mobility and technical execution capability are increasingly rewarded, particularly across infrastructure, private credit, and secondaries advisory.
The full report includes a comprehensive breakdown of 2025 people moves, seniority analysis, gender distribution data, and commentary on compensation and candidate availability across IR and Private Capital Advisory.
For bespoke hiring insight or compensation benchmarking within Investor Relations and Private Capital Advisory, contact our consultants to advise.
