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Jake Jorgovan

13 Private Equity Executive Search Firms to Consider

By , co-founder of Alpha Apex Group, one of the thirteen firms below

Published Updated 13 min read

A private equity hire needs to fit the work ahead. You may be replacing a portfolio-company CEO, adding an investment professional to the fund, or bringing in an operator after an acquisition. A search partner needs to understand the role, the business and the expectations of the people making the appointment.

This guide compares 13 private equity executive search firms and recruiters by mandate, service and published evidence. It also sets out selected commercial terms and a brief you can use to compare proposals.

Which private equity executive search firms fit your hire?

The firms fall into two groups. The first recruits leaders for companies a fund owns; GeniusMesh, in that group, also provides interim and fractional executives. The second recruits into the fund itself, for investment, fundraising and other fund roles, and several of those firms also run portfolio searches.

The selection retains the twelve firms in this site's earlier directory and adds Glocap for investment-professional recruiting below executive level. Firms are alphabetized within each group. Each firm is included because its own pages describe PE search. This is a selected comparison, not a market-wide ranking.

Firms' own service descriptions from primary captures dated September 27–28 and October 3, 2026. Groups indicate a starting point; overlapping services remain visible.
FirmRelevant hiring needService distinction
Portfolio-company leadership7 of 13 firms
The Avery Point GroupOperations leaders in PE-backed industrial, manufacturing and distribution companiesPlant manager through COO and fund operating partner; retained and contingent search
Cowen PartnersMiddle-market portfolio-company C-suite and senior leadershipRetained search led by senior partners
FALCONPortfolio CEOs, CFOs and heads of revenue; fund operating partnersSays it serves private equity firms and their portfolio companies exclusively
GeniusMeshPortfolio leadership and urgent post-acquisition needsFull-time, interim and fractional options
Intrinsic Executive SearchCommercial leadership in PE-backed SaaS companiesRetained search across sales, marketing, customer success and executive roles
JM SearchPortfolio executives and CEO successionPartner involvement throughout the search; founder transition support
The Lancer GroupSaaS and technology portfolio leadershipRetained search plus pre-deal mapping and management assessment
Fund recruiting and portfolio leadership6 of 13 firms
Alpha Apex GroupInvestment, fundraising and investor relations leaders; portfolio operationsInterviews, skill assessments and post-placement advisory
CaldwellFund investment partners and portfolio leadersRecruitment of complete portfolio management teams
Glocap SearchPrivate equity investment professionalsJunior through senior investment-team recruiting
Keller Executive SearchFund and portfolio leadership on a success-fee modelFund and portfolio conflict checks
Spencer StuartFund leadership and portfolio executivesPrincipal- and partner-level investment searches; pre-deal and board services
Stanton ChaseCross-border portfolio leadership with management due diligenceTarget-company management, culture and pay assessment

Portfolio-company leadership

7 of 13 firms

These firms offer company leadership searches with differences in sector, function and transition support. Avery Point and FALCON also recruit fund-level operating partners.

The Avery Point Group

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Image
The Avery Point Group website, captured October 2026.View source (opens in a new tab)

The Avery Point Group website, captured October 2026.

Potential fit
Industrial operations, manufacturing and supply chain leadership

Avery Point recruits operations leaders for PE-backed manufacturing, industrial services, distribution and supply chain businesses. Its PE page describes anonymized placements including a president for a long-hold, PE-backed aerospace and defense manufacturer. It also reports placing a continuous-improvement director at a PE-backed medical device maker, where it says scrap fell 22% in the first year.

Most engagements involve businesses with $30 million to $1 billion in revenue. Roles span plant managers, continuous-improvement directors, VPs of operations, COOs and operating partners.

The firm distinguishes turnaround, traction and transformation assignments. It describes traction as locking in gains by converting early wins into disciplined performance. Use those categories to explain the operating conditions the new leader will face. More supply chain specialists are compared in the supply chain recruiters guide.

Ask first
Which searches have you completed for a business with our operating problems, and how would you test whether a candidate's improvements lasted?
Sources
Private equity operations search (opens in a new tab)
Potential fit
Middle-market portfolio-company C-suite and senior leadership

Cowen includes a CFO search for an unnamed PE-owned referral services company among its completed-placement examples. It says it took over an unsuccessful search.

Its retained practice serves boards, CEOs and investors. The PE page describes typically middle-market portfolio clients and C-suite, VP and director appointments, with senior partners leading from the first call through placement.

Ask first
Which comparable portfolio CFO or CEO searches has the proposed senior partner led, and which parts of assessment and referencing will that partner handle personally?
Sources
Private equity executive search (opens in a new tab)
Image
FALCON website, captured October 2026.View source (opens in a new tab)

FALCON website, captured October 2026.

Potential fit
Portfolio CEOs, CFOs and heads of revenue

FALCON reports more than 500 assignments for over 50 private equity sponsors since 2010. FALCON says it serves PE firms and their portfolio companies exclusively, with retained searches for portfolio CEOs, CFOs and heads of revenue, plus fund operating partners and operating executives.

Sponsor services (opens in a new tab) include board search through PrivateEquityCXO and pre-acquisition management assessment using The Crucible. For a finance-only mandate, the CFO search comparison provides additional role-specific options.

Ask first
How would you distinguish a candidate who performed well in an established portfolio company from one who can handle our acquisition and transition?
Sources
FALCON's search focus (opens in a new tab)
Image
GeniusMesh website, captured October 2026.View source (opens in a new tab)

GeniusMesh website, captured October 2026.

Potential fit
Portfolio leadership with permanent or temporary appointments

GeniusMesh offers full-time executive search and interim or fractional operators for urgent post-acquisition needs, alongside transition support, executive coaching and succession work.

GeniusMesh's PE page publishes a testimonial from Reid Terry, identified as Talent Director at Trivest Partners, describing executive sourcing and hires for its portfolio companies across multiple searches. Its FAQ states in October 2026 that it can identify and deploy interim or fractional leaders within 48 to 72 hours. It describes a network of more than 12,000 vetted executives and experts supporting portfolios through diligence, acquisition, value creation and exit.

Ask first
Who is available for this assignment, how much time can they commit, and what happens when the company appoints a permanent leader?
Sources
Private equity leadership services (opens in a new tab)

Intrinsic Executive Search

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Image
Intrinsic Executive Search website, captured October 2026.View source (opens in a new tab)

Intrinsic Executive Search website, captured October 2026.

Potential fit
Commercial leadership in a PE-backed SaaS business

Intrinsic cites work with SaaS businesses backed by HgCapital, Permira and Francisco Partners. Its PE practice lists VP Sales, VP Marketing, VP Customer Success, CRO, managing director and CEO roles across the UK, EMEA and North America.

Its general retained-search country list (opens in a new tab) includes the USA, UAE and South Africa alongside the UK and European countries for SaaS, AI and B2B technology assignments. Ask which of those countries its PE searches cover.

Ask first
For a CRO at a PE-backed SaaS company in our market, which completed search is closest in company stage and sales model, and who led it?
Sources
Private equity recruiting (opens in a new tab)
Image
JM Search website, captured October 2026.View source (opens in a new tab)

JM Search website, captured October 2026.

Potential fit
Portfolio leadership and founder-to-CEO transitions

JM Search says more than 80% of its clients (opens in a new tab) are PE firms and their portfolio companies. It says it has evaluated tens of thousands of executives for PE portfolio companies over more than four decades. Its retained-search team includes former C-level executives and specialized recruiters, with partners involved throughout each search.

Its CEO succession service (opens in a new tab) includes defining the founder's future role and supporting the incoming leader and sponsor through the transition. That authority question belongs in the brief before candidates hear the opportunity; the guide to hiring a CEO develops the wider selection process.

Ask first
How will you help the board and founder agree on the incoming CEO's authority, and how will that agreement be reflected in candidate assessment?
Sources
Private equity executive search (opens in a new tab)

The Lancer Group

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Image
The Lancer Group website, captured October 2026.View source (opens in a new tab)

The Lancer Group website, captured October 2026.

Potential fit
SaaS and technology leadership before or after an acquisition

The Lancer Group names finance leader Matt Smolko's recruitment for LifeSpeak in a take-private by Beedie Capital and New Private Equity. It reports more than 1,200 SaaS and technology leadership placements and work with over 40 PE firms. Its retained practice covers C-suite and board recruitment for private equity firms and their SaaS and technology portfolio companies.

Pre-deal services (opens in a new tab) include talent mapping, leadership benchmarking, management-team assessment and introductions to board and operating advisors. These give a sponsor ways to investigate leadership needs while evaluating a transaction.

Ask first
What can you establish before close, who receives the findings, and what would carry over into a search after the acquisition?
Sources
The Lancer Group (opens in a new tab)

Fund recruiting and portfolio leadership

6 of 13 firms

These firms describe recruiting into the private equity firm itself. Several also recruit portfolio executives; Glocap's entry concerns investment professionals.

Alpha Apex Group

Back to the comparison

Co-founded by Jake Jorgovan, the author

Image
Alpha Apex Group website, captured October 2026.View source (opens in a new tab)

Alpha Apex Group website, captured October 2026.

Potential fit
Investment leadership, fundraising, investor relations and portfolio operations

Alpha Apex Group reports more than 2,000 candidate placements worldwide across its business. Its PE service covers investment leadership with deal-sourcing, execution and portfolio-management experience, fundraising and investor relations executives, and portfolio operations leaders.

The service describes interviews, skill assessments and due diligence, followed by post-placement support and advisory.

Ask first
If you have completed fundraising or investor relations searches for funds our size, which are relevant, and how did you assess the candidates' limited-partner relationships?
Sources
Private equity executive search (opens in a new tab)
Image
Caldwell website, captured October 2026.View source (opens in a new tab)

Caldwell website, captured October 2026.

Potential fit
Investment partners and portfolio-company management teams

Caldwell's private equity practice recruits investment partners within funds and complete management teams for portfolio companies. Its broader practice serves both private equity and venture capital investors and their portfolio companies.

Ask first
For a management-team assignment, how would you sequence the appointments and assess whether the leaders can work together?
Sources
Private equity and venture capital (opens in a new tab)
Image
Glocap Search website, captured October 2026.View source (opens in a new tab)

Glocap Search website, captured October 2026.

Potential fit
Investment professionals joining the fund

Glocap's investment-professional practice explicitly covers private equity and recruits at levels from analyst and associate through principal and partner. It gives a fund an option for building its investment team, including roles below executive level.

For associate or VP hiring, brief an investment-professional recruiter on strategy, level and individual contribution. Specify whether the associate or VP will originate opportunities, evaluate investments or execute deals, then ask for evidence of sourcing relationships, investment analysis or work taking deals through to completion, respectively.

Ask first
What evidence would you use to assess a candidate's individual contribution to a deal, and how would you verify it through references?
Sources
Investment-professional recruiting (opens in a new tab)

Keller Executive Search

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Image
Keller Executive Search website, captured October 2026.View source (opens in a new tab)

Keller Executive Search website, captured October 2026.

Potential fit
Fund and portfolio leadership

Keller lists anonymous placements including an operating partner for a mid-market buyout fund and a portfolio-company CEO for a middle-market SaaS platform. Its examples also include investor relations and fund accounting roles, identified by fund type without client names or placement dates.

Keller says it checks conflicts across fund and portfolio engagements. When the same candidate is in scope for two clients, it represents that candidate in only one process at a time.

Ask first
Which active client restrictions would limit the candidate market for our search, and which parts of our fund and portfolio would your off-limits agreement protect?
Sources
Private equity recruiting (opens in a new tab)
Image
Spencer Stuart website, captured October 2026.View source (opens in a new tab)

Spencer Stuart website, captured October 2026.

Potential fit
Senior fund hires with portfolio search, assessment and board work

Spencer Stuart reports more than 3,000 PE assignments, including advisory work, over a ten-year period it does not date. Its fund services include executive teams, investor relations, fundraising and operating partners; investment-professional searches specify principal and partner levels.

Portfolio services span senior and functional leadership, pre-deal referencing and mapping, board work, succession and executive assessment.

Ask first
If we use your referencing and mapping during diligence, which deliverables can carry into the post-close search, and would any fee credit apply?
Sources
Private equity services (opens in a new tab)
Image
Stanton Chase website, captured October 2026.View source (opens in a new tab)

Stanton Chase website, captured October 2026.

Potential fit
Fund and portfolio leadership with management due diligence

Stanton Chase's homepage (opens in a new tab) lists 300 CEO and board-member placements annually across the firm. Its PE practice recruits for investment firms and portfolio companies, including CFOs, COOs, board advisors and functional leaders in HR and investor relations. Its PE page names global and regional practice leaders. The firm operates through independently owned partner firms, with offices in 45 countries.

Its due diligence examines a target company's management, culture, organization and pay structure, along with key managers' motivations and intentions.

Ask first
How would your management assessment distinguish capability gaps from uncertainty about future roles, incentives or reporting lines?
Sources
Private equity services (opens in a new tab)

How much do private equity executive search firms charge?

The published fee models include Keller's success fee and Avery Point's retained percentage of first-year compensation. The table gives each firm's stated basis, timing and remedy.

Selected terms published in primary captures from October 3, 2026. Avery Point's payment and replacement terms concern retained search; its PE completion estimate is stated separately.
FirmFee and paymentCandidate or hiring milestoneReplacement terms
Keller18% client success fee; no upfront costs. Compensation base unspecified.First candidates in 2–3 weeks.Up to 365-day coverage. Its body text says resignation or performance-related release within that period triggers a reopened search and replacement shortlist with no additional professional fee. Confirm eligibility and expenses in writing.
The Avery Point GroupPercentage, rate unspecified, of first-year total compensation including base, bonus and commissions. One-third of the estimated total fee upfront.Guarantees a minimum of 3–4 candidates meeting requirements within 60 days. Its PE page says most PE engagements are completed in 30 to 45 days, without defining the completion stage.120-day retained replacement guarantee if the selected candidate does not work out.
Cowen PartnersNo fee published on its PE page.Its PE page reports a qualified slate in an average of 3 weeks from kickoff and an average of 38 days to fill executive positions. Its separate process page advertises finding an executive in as little as 6–9 weeks; ask which timetable and completion milestone apply to this mandate.Advertises a 365-day replacement guarantee for dissatisfied clients; establish eligibility and the work covered in the agreement.

These are published examples from three firms' own pages, not a market benchmark; ask every firm for its fee basis in writing.

Candidate presentation, a qualified slate and a filled position are separate milestones; none of these statements commits to your executive's start date. Avery Point also offers contingent search, which has its own guarantee section. That section gives two different guarantee periods; settle which applies in the contract. The executive search fee guide explains the wider choice of fee models.

Terms to settle with every finalist

  • Payment: What compensation forms the fee base, and when is each installment due?
  • Cancellation: What is owed if the search is paused or canceled?
  • Expenses: Which costs are additional, and who authorizes them?
  • Exclusivity: What work can internal recruiters or other firms do during the engagement?
  • Role changes: What happens to the fee and timetable if the mandate changes?
  • Remedy exclusions: Which departures or changes invalidate replacement coverage, and what remedy remains?
  • Off-limits employers: Which employers cannot be approached, and which fund entities and portfolio companies does your agreement protect, for how long?
  • Competing sponsor processes: How are overlapping candidates handled, and how are restrictions on the fund distinguished from those on individual portfolio companies?

Give finalists a brief they can work from

Give finalists the same brief so you can compare their proposals against one mandate. The pre-close example below shows one sequence for defining a portfolio CEO search. For a portfolio executive, connect the role to the operating plan and the authority to deliver it. For a fund hire, define the investment work, relationships or internal function the person will own.

From pre-close assessment to a portfolio CEO search

The brief fields apply to both fund and portfolio hires. Agree the permitted assessment scope with the sponsor and board before approaching management or candidates, then use the findings to define a post-close mandate if the acquisition proceeds.

  1. Decide who may be contacted and what may be shared

    Specify who may be contacted, what can be shared and who receives the findings. Separate management assessment from permission to start active recruitment; agree what happens to the work if the deal does not close.

  2. Decide what the incoming CEO will have authority to change

    Use the assessment to identify the leadership capabilities needed after close. Agree what the CEO, founder, board and operating partner will each decide, including authority over functional leaders and add-on integration.

  3. Decide what candidate evidence and early milestones to require

    Ask for evidence of the candidate's own contribution to relevant growth, integration or exit work. Set early milestones appropriate to the mandate and agree who supports the leader after appointment.

A hypothetical acquisition illustrates the authority problem: the founder wants the new CEO to retain the management team, while the sponsor expects leadership changes. Resolve that disagreement before the recruiter presents the job.

Private equity search brief

Send the same brief to each finalist

Employer and role
Fund or portfolio company; title, reporting line and decision authority
Business situation
Investment strategy, sector, company stage and acquisition or transition context
Value-creation responsibilities
Prioritized operating changes or investment work; expected hold period and exit context
Early milestones
Agreed initial outcomes, measures and an operating plan suited to the mandate
Relevant experience
Evidence of the candidate's own deal contribution, exits or add-on integration work relevant to this assignment
Governance
Founder, board and operating-partner involvement; hiring authority and decisions reserved for others
Candidate market
Geography, relocation expectations, compensation and known sourcing restrictions
Incentives
Proposed management incentive plan and co-investment terms or expectations, including what remains undecided
Decision process
Interviewers, final decision maker and how sponsor/company disagreements will be resolved
Timing and confidentiality
Critical dates, who knows about the search and what may be disclosed to candidates

Use the same brief to request comparable completed-search examples, the proposed partner's responsibilities, a sample assessment and references. I would choose the team that can explain how it will test the candidate's ability to do this work and reach the people who fit.

Sources and method

How this list was made

The selection retains the twelve firms in this site's earlier directory and adds Glocap for investment-professional recruiting below executive level. Firms are alphabetized within each group. Each firm is included because its own pages describe PE search. This is a selected comparison, not a market-wide ranking.

Primary captures from September 27–28 and October 3, 2026; saved passages read October 3, 2026

Jake Jorgovan

Jake works with enterprise leaders on marketing strategy and executive talent. He co-founded Alpha Apex Group, founded Content Allies, owns Listen Network and is a partner in Fieldtrip, a group of marketing agencies. He founded Lead Cookie and later sold it.

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