recruiting

After a roughly six-month pause, private equity’s on-cycle recruiting machine roared back to life last week. The process was just as frenzied, but recruiters said the extra time produced an unexpected upside: sharper, better-prepared candidates.The hiring restart came just as first-year bankers returned from the winter holidays. Firms began outreach…

Matthew Partyka was built for the infantry, not sales.The young, blue-eyed Marine sergeant was a quiet introvert, almost sphinx-like, with a soft smile. He thrived in the brotherhood of combat units.Then the Corps made him a recruiter, leaving Partyka with no choice: When the Corps calls, Marines answer.”It was the…

Private-equity firms have been holding off on Wall Street’s most notorious hiring ritual — but they may not wait much longer.Over the summer, JPMorgan Chase CEO Jamie Dimon reshuffled the deck on the PE recruiting practice known as “on-cycle,” when he warned his incoming class of junior bankers against accepting…