If you want to move out of investment banking and into private equity, you might also want to investigate Swedish private equity group EQT partners. It appears to be hiring from banks in London, for positions in the City and in Stockholm.
EQT’s recent recruits include Kerstin Fürntrath, a former analyst on Deutsche Bank’s leveraged debt capital markets team, and Jessica Ahlén, a former investment banking analyst at Goldman Sachs. Fürntrath joins in the UK, Ahlén in Sweden. Both joined this month.
As is increasingly the case, both women quit banking very soon after joining. Fürntrath was at Deutsche for a mere 10 months. Ahlén was at Goldman a mere 13 months, although both were summer analysts at the respective banks prior to joining full time.
From an ’employer branding’ perspective, EQT has plenty going for it. The fund specialises in sustainable and responsible investing and aims, for example, to become one of the leading investors in biosolids waste management solutions, thereby satisfying young employees’ need for “purpose”. With €22bn invested and €35bn in raised capital, it also has plenty of money and 290 investment advisory employees worldwide.
EQT also has an office in New York City, which it hired for last August and September, bringing on Jonathan Herskowitz (formerly an analyst at Credit Suisse), Tanvi Gupta, (formerly an analyst at BAML) and Marcus Risland (formerly an analyst at Morgan Stanley). This year it also poached Hunter Dougherty from Credit Suisse for its NY office in March.