Candidate interviewing in their own offices!

Today's Economic Times has an article on CEO's giving recruitment interviews in their offices. With the war for talent getting hotter in India, this is not a new phenomenon, atleast not for Headhunters like us. For a recent search for a CEO for an Asset Management firm, which I was leading, I actually interviewed a few candidates in their offices. This works better, as the Corner office in most firms are usually spacious and private and candidates have ample time to speak on their backgrounds. But, today's article talks about Head's of HR of competing firms walking into offices of competitors to interview candidates is definitely interesting.

Read the full article here

JP Morgan sets up Asia fund

Article on JP Morgan is bringing back private equity in Asia. The bank has committed $750 Million for Asia Pacific Region. Interestingly, JP Morgan Partners was the earlier Asian avatar of their private equity business, where they would up the India business and moved it to Hongkong as CCMP Capital.
With the talent crunch of professionals in the private equity space, JP Morgan has hired Varun Bery and John Troy of TVG Capital Partners, an asia based TMT fund. This gives JP Morgan an access to the entire team of TVG Capital Partners. This should give the bank a ready deal flow and access, to hit the ground running in India.
More details at this release