Private Equity Firms Facing Finance & Accounting Talent Shortage

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Private equity is booming, but there’s an area of concern beneath the headlines. It poses a serious threat to firms and portfolio companies alike: quality senior finance and accounting talent. It’s the toughest F&A market in more than a decade, as firms doubled and the number of backed companies grew 60 percent from 2010 through 2019, according to a 2020 report by McKinsey & Company.

“The demand for top talent to fill a multitude of roles spanning various industries has skyrocketed, while the supply has roughly stayed the same or slightly decreased,” say Jim Etling and David Portney, of Charles

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