Our annual report examines the latest compensation and employment trends across private capital, exploring important shifts in salaries, carried interest, workplace flexibility, and AI. The report also includes compensation data benchmarked by position
While investment teams remain in highest demand from a hiring perspective, demand has dipped from 64% to 59% in our 2025 survey
The majority of firms report base salary increases of up to 10% and indicate increases are likely to remain in this range in 2026
Just over half of firms indicate they use AI; it is more likely to be integrated into workflows by deals teams
Workplace flexibility looks set to stay as an even proportion (27%) of firms expect employees in the office three and five days per week