Options Group Names VP in Frankfurt

January 27, 2025 – Options Group has expanded with the addition of Miguel de Almeida Freire as a vice president in Frankfurt. He will specialize in connecting senior-level candidates with private equity portfolio companies. “I’m proud to join Options Group, a premier global recruitment search firm,” Mr. de Almeida Freire said in a LinkedIn post. “I’ll be focusing on expanding the private equity practice from Frankfurt together with Maximilian Karg and Jan G. Veder. Private equity continues to shape the global economy, and I am excited to play a role in driving its growth by fostering meaningful partnerships and delivering exceptional recruitment solutions. Joining forces with an organization like Options Group is an incredible opportunity, and I’m looking forward to collaborating with my new teammates to make an impact.

Mr. de Almeida Freire most recently served as a consultant with Dartmouth Partners. Before that, he was a principal consultant with LEDR Executive Solutions.

Germany is the largest national economy in Europe, and the fourth-largest by nominal GDP in the world. The country’s service sector makes up 70 percent of its GDP and nearly 40 percent of Fortune Global 500 companies are headquartered here. But Germany is facing severe economic prospects, as the country comes to grips with a growing immigration and migrant crisis which is expected to challenge every corner of its society, from education and healthcare infrastructure to jobs.

Well-known companies in the country include Mercedes-Benz, BMW, SAP, Siemens, Volkswagen, Adidas, Audi, Allianz, Porsche, Bayer, BASF, Bosch, and Nivea. As such, it is an important base of operations for search firms, including Egon Zehnder, Spencer Stuart, Boyden, Russell Reynolds Associates, Heidrick & Struggles, DHR International and Korn Ferry.

Financial Services Specialists

Options Group is a global talent acquisition and development firm specializing in financial services, including capital markets, global markets, alternative investments, hedge funds, and private banking/wealth management. For more than 25 years, with 16 global offices, Options Group has taken an innovative approach to facilitating limitless search and intelligence possibilities, said the firm. Options Group is headquartered in New York, with offices in Amsterdam, Dallas, London, Bangkok, Hong Kong, Miami, Tokyo, São Paulo, Bogotá, Frankfurt, Dubai, Mumbai, Singapore, Sydney, and Zürich.


Executive Search in 2024: Challenges, Trends, and Hopes for a Hiring Resurgence in 2025

For many search firms in almost all industry segments, 2024 has been a tough year. There are many reasons for the recent downturn, and some firms have experienced a dip in revenues for even longer, according to Tim Tolan, founder, chairman, and managing partner of The Tolan Group. “Lots of changes are on the horizon for 2025 on the hiring front, and search firms are waiting with bated breath while hiring decisions are on hold, and draft fee agreements are (still) sitting in DocuSign waiting to be signed,” he said. “Decisions are dragging, as are active search engagements, as hiring managers and leaders struggle to make hiring decisions in the environment, we are all trying to navigate.”

In the Hunt Scanlon 2024 Executive Recruiting State of the Industry Report, the numbers reflected a double-digit downturn in demand for executive recruiting, with the private equity sector being the most affected. “We’ve seen and experienced that firsthand, but we feel positive changes are on the horizon,” Mr. Tolan said.


Michael Karp is the CEO of Options Group. His expertise lies across all areas of international capital markets and investment banking, and he continues to advise clients around the world on all aspects of organizational strategy and recruitment. Mr. Karp is frequently quoted in such publications as the Wall Street Journal and the Financial Times, and regularly appears on CNBC. He is a board director at a number of successful companies and is an active investor in several ventures.

David Korn is president of Options Group and is responsible for the day-to-day management of the firm, its strategic planning and corporate development. He is responsible for the day-to-day management of the firm across all products, functions and regions and oversees the strategic planning and corporate development functions. In addition to Mr. Korn’s responsibilities for global client relationships and executive search, he is also responsible for OGiQ, OGiR, and OG University. Having joined in 1999, he has been instrumental in the firm’s growth. With over 25 years’ consulting and recruiting experience, Mr. Korn has established a track record of success in talent acquisition, development and retention services.

Related: Predicting Talent Acquisition Trends for 2025

Contributed by Scott A. Scanlon, Editor-in-Chief and Dale M. Zupsansky, Executive Editor  – Hunt Scanlon Media

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