Asia PE compensation set for downward adjustment in 2023
Compensation for private equity professionals at most levels of seniority in Asia Pacific continued its upward trend in 2022 despite a weaker economic outlook and a slowdown in deal flow, but executive search firm Heidrick & Struggles expects some kind of adjustment this year.
“Our expectation is that hiring will certainly slow down. It will become a buyer’s market in 2023, so you can assume the pay-outs will be relatively less, although when it comes to bonuses, which depend...
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