Private Markets Hiring Defies Gloom With $2.5 Million Pay Deals

Feb. 24, 2026, 11:00 AM UTC

The surge of insurance capital into private markets is boosting hiring and pay deals in the sector despite recent jitters, with senior managing directors asking for pay packets of $2.5 million and above.

Those are some of the findings in the latest credit industry recruitment report from RCQ Associates,which said that mandates for professionals experienced in asset-backed financing jumped almost 60% in 2025 from a year earlier. For top staff with in-demand skills, the base salary and bonus packages are being supplemented by “significant” carried interest — a share in profits — RCQ said.

Hiring of such of experts ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.