Q3 2021 searches and hires overview report
October 13, 2021 03:44:00 PM
Search activity for the third quarter of 2021 decreased 9% from the prior quarter and decreased 5.9% from the third quarter of 2020. The number of traditional manager searches decreased 26%, and equity manager searches in particular decreased 50% from the prior quarter. Hiring activity decreased 22.3% from the previous quarter to $72.1 billion. The number of hires decreased 15.2% for the quarter and increased 22.1% from the same period a year ago. The number of hedge fund hires increased 110% from the previous quarter, which accounted for 36.8% of this year's total hedge fund hires through Sept. 30.