Private Equity Recruitment (PER) Establishes Presence in the U.S.
November 22, 2024 – As private markets in North America continue to evolve, Private Equity Recruitment (PER) has expanded into the U.S. with the opening of an office in New York City. The firm appointed Oliver Noye as its head of the new location. “Oliver’s extensive experience, industry knowledge, and vast network make him the ideal leader for our New York expansion,” said Rupert Bell, the firm’s CEO. “His proven track record is invaluable as we establish our presence in North America.”
With 13 years of industry experience, Mr. Noye has placed senior talent in private markets. Since joining PER in 2021, he has partnered with leading alternative investment managers across Europe and is now charged with the firm’s expansion in North America.
“Under Oliver’s leadership, our New York office will focus on investment and investor relations roles, building on PER’s well-established relationships with private equity, private debt, growth capital, venture capital, family offices, and infrastructure funds,” the firm said. “Oliver’s ability to understand the unique needs of our clients ensures we remain at the forefront of delivering tailored talent solutions. This expansion marks a significant milestone for PER as we deepen our reach into North America, a region at the center of private markets innovation and growth. Our New York presence strengthens our ability to deliver local expertise with a global outlook.”
Mr. Noye is focused on leading projects for hires across the private markets, including private equity, credit, growth, VC, and infrastructure. He has worked alongside and sat on panels with some of the leading business schools and has advised on best practices to succeed on the buy-side. With over 300 completed mandates, Mr. Noye has built an in-depth network and extensive global track record. Before joining the firm, Mr. Noye was head of private equity at Beaumont Bailey. Before that, he was a senior consultant with Altus Partners.
“The opportunity to lead PER’s expansion into New York is incredibly exciting,” said Mr. Noye. “I look forward to building on our legacy of connecting outstanding talent with exceptional firms, driving success for our clients in this dynamic market.”
Founded in 1997 by former private equity investors, PER combines industry expertise with a network and cutting-edge technology to place top talent at all levels of seniority. With offices in London, Frankfurt, Zurich, Munich, Singapore, Hong Kong, Mexico City, and now New York, the firm is positioned to serve clients and candidates globally. Over the past two decades, PER has placed over 4,000 professionals in nearly 40 countries.
Newly Appointed CEO
In September, PER appointed Mr. Bell as CEO taking over from founder Gail McManus. “Rupert’s appointment as CEO marks a significant milestone in our company’s journey,” said Ms. McManus. “With his deep industry knowledge, strategic vision, and proven success in expanding our geographic footprint, he is the ideal leader to take us into our next phase of growth. Rupert Bell, who has been instrumental in expanding our presence across Europe, will now lead us into the next chapter of growth. Under his leadership, we are set to strengthen our capabilities in placing senior executives and investment professionals across the entire spectrum of private markets roles, from partner to analyst positions, as well as C-suite roles.”
Since founding PER in 1997, Ms. McManus has driven the expansion of PER, establishing as a trusted partner in private markets. As she takes on a new market-focused role, she will continue to contribute to initiatives like talent acquisition best practices, leadership assessment, compensation, DEI and individual career development.
Having joined PER over a decade ago, Mr. Bell has since established the firm’s presence across the DACH region, with offices in Munich, Frankfurt, and Zürich. He has spearheaded numerous senior executive placements for international firms entering new markets, leveraging his background as a mid-market private equity investor at 3i, Sand Aire, and Octopus.
“As we continue our expansion into new markets, including North America and France, and as our client base returns to its own long-term growth trajectory, we have a tremendous opportunity in front of us,” Mr. Bell said. “Our mission remains clear: to connect exceptional talent with positions that shape the future of private markets, globally. I look forward to driving innovation and growth as we continue to serve our clients and candidates with unmatched dedication and expertise.”
“I would especially like to pay tribute to Gail McManus, our founder, for building such a distinctive business, based on expertise, genuine industry knowledge and a culture of long-term relationships, where candidates become clients,” he continued. “PER is a unique, trusted partner because of Gail’s leadership and values, and I am honored to be entrusted with the future stewardship of the group.”
Related: A Look at Key Trends in Executive Recruiting for Private Equity-Backed Companies
Contributed by Scott A. Scanlon, Editor-in-Chief and Dale M. Zupsansky, Executive Editor – Hunt Scanlon Media
