As the “big kahunas” at PE funds, chief dealmakers enjoy opulent corner offices, the use of cutting-edge technology and office equipment, and the support of dedicated administrative staff.
Many private equity and venture capital professionals work long hours (sometimes more than 70 hours a week). While a good number of the workers logging this many hours are in lower-level positions such as associate or analyst, you’ll also find many PE chief dealmakers at small firms burning the midnight oil to develop and close deals.
Lack of diversity is a major issue at private equity firms, which are mostly comprised of white males. While half of U.S. investment capital comes from women, in 2018 only 17.9 percent of all PE professionals worldwide were women, according to Preqin, an alternative investment research firm. And only 5 percent of partners or managing partners were women. In recent years, professional associations (such as the Association of Women in Alternative Investing, the Private Equity Women Investor Network, and 100 Women in Hedge Funds), and private equity firms such as KKR, Blackstone, and The Carlyle Group have increased their efforts to create a more diverse workforce.
Chief dealmakers frequently travel both nationally and internationally to meet potential investors, portfolio company executives, investment bankers, colleagues in satellite offices, and others during and after the dealmaking process. They also attend industry conferences.
- Investment Underwriters
- Private Equity Accountants and Auditors
- Private Equity Business Development Directors
- Private Equity Compliance Professionals
- Private Equity Financial Managers
- Private Equity Investor Relations Specialists
- Private Equity Lawyers
- Private Equity Marketing Specialists
- Private Equity Research Analysts and Associates
- Private Equity Risk Managers