TPG, a major private equity firm, announced it will no longer participate in the early recruiting cycle for junior talent, pushing hiring until 2026. This decision follows that of Apollo and General Atlantic, both of which have recently canceled their early recruiting plans. The shift reflects growing criticisms of the traditional recruiting model, compounded by JPMorgan's warning to incoming bankers about repercussions for accepting pre-dated job offers. The memo from TPG emphasized the importance of allowing new graduates to focus on their professional growth during early career stages, rather than rushing into jobs.
TPG, a leading buyout firm with $251 billion in assets, has announced they will not participate in early recruiting for junior talent until 2026.
This decision aligns TPG with fellow firms Apollo and General Atlantic, marking a notable change in the private equity industry’s hiring practices.
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