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The inside scoop on employee turnover at VC and PE firms

Hiring and holding onto talent is a crucial part of running an investment firm, but it isn’t always easy to do. We’ve compiled data on where employees come from—and where they go when they leave.

Hiring and holding onto talent is a crucial part of running an investment firm—and the cycle of new and departing employees never seems to stop.

That seems especially true in 2018. So far this year, 80% of investment firms—including PE and VC shops—have hired new employees, according to figures from compensation data company J.Thelander Consulting. In 2017, the comparable number was 66%.

Meanwhile, 24% of investment firms said they’ve lost a partner or key recruit this year, compared to 19% in 2017. In terms of promotion, 13% of firms have promoted an existing employee to partner in 2018, while 15% did so last year.

We’ve used data from the Thelander-PitchBook 2017 and 2018 investment firm surveys to compile information on where new hires are coming from and where departing employees are going:



For information on how to get more compensation data, visit J.Thelander Consulting. And check out more of our compensation coverage.

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    About Dana Olsen

    Dana Olsen was a senior writer at PitchBook, covering all things venture capital. She has a BA from UC Santa Barbara and a JD from Loyola Law School.

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