Heidrick & Struggles reports on rise in 2022 cash compensation for APAC investment professionals

Heidrick & Struggles released its ninth edition of its “2022 Asia Pacific Private Capital Investment Professional Compensation Survey”, which states that amidst global economic grapples such as inflation, the Asia Pacific private capital market is showing positive signs of growth, with a rise in cash compensation from 2021 to 2022. In particular, managing partners at buyout funds report the highest median total cash compensation.

The survey also notes that hiring and compensation in APAC continue to be competitive with high demand for talent who are able to bring in specialized skill sets and access to special geographies in Southeast Asia such as Vietnam and Indonesia, whilst similar to the previous two years, market sentiment remains most positive in credit and special situations, with 81% of respondents indicating a somewhat better or much better outlook this year.

To unpack the findings from this survey, #biztechasia spoke to Shashwika Ravishankar, Partner at Heidrick & Struggles’ Singapore. During the engaging conversation, Shashwika shared further details around the impacts of inflation and other macroeconomic issues on private capital investments, trends around investment fund movements such as the rising opportunity in Southeast Asia, as well as talent trends and skill sets that companies will prioritize among investment professionals.

Additionally, she discussed:

The reasons attributing to the trend of robust hiring in the Asia Pacific private capital market
Why is cash compensation overall on an upward trend
Opportunities for the APAC PE market in 2023