Archive for Month: November 2023

Written By: Gerald O’Dwyer the PE Guru

Here are some of the reasons that PE firms are attending the BlackmoreConnects conferences: BlackmoreConnects seems to be an effective choice for private equity (PE) firms in their talent acquisition process, particularly due to their specialized approach and deep understanding of the private equity sector. Here’s why they stand out: 

Private Equity Experience: Since they have operated as a private equity independent sponsor since 2005, BlackmoreConnects possesses a unique insight into the needs and dynamics of PE firms. This experience enables them to think and act like a PE firm, providing them with an edge in understanding their clients’ requirements. 

CEO-First Approach: Their strategy of being ‘CEO-first’ in deal creation and sourcing indicates a proactive and leadership-driven approach. This is likely beneficial in identifying and recruiting high-caliber executives who can drive successful outcomes in investments. 

Integrated Recruitment Process: Unlike traditional recruiters, they not only recruit for their own deals but also assist executives in developing deal theses and identifying investment opportunities. This integrated approach ensures that they have a comprehensive understanding of both the talent and the companies involved. 

Exhaustive Talent Evaluation: They conduct extensive interviews with a large number of executives (over 400 a month, including CFOs, COOs, CEOs), allowing them to access a wide pool of high-quality talent. This volume and variety ensure a robust selection process. 

Customized Talent Acquisition Strategy: They undertake a detailed inquiry into the PE firm’s needs, deal thesis, cultural fit, exit strategies, and current challenges. This leads to the creation of a requirements document and a detailed questionnaire, which helps in forming a larger funnel of qualified executives. 

Efficiency and Timesaving: Recognizing that time is a crucial resource for PE firms, their process aims to reduce the number of meetings and streamline the hiring process. This approach is particularly valuable in fast-paced investment environments. 

Detailed Written Information on Applicants: Their method provides detailed written information about each applicant. This is crucial in hiring scenarios where important details about candidates can be overlooked or forgotten in the rush of decision-making. 

Overall, BlackmoreConnects’ approach, which combines deep industry knowledge, a comprehensive evaluation process, and an efficiency-driven methodology, appears to make them a suitable partner for PE firms looking to hire top-tier talent across various levels of their HR stack.