Pamlico Capital Named to PE-CXO and Falcon Top 50 Private Equity Firms for Executives List
Exclusive insights provided by more than 1,000 sponsor-backed executives helped to identify the top 50 private equity funds whose governance style, engagement, and fit are seen as best enabling their portfolio company executives to succeed.
PrivateEquityCXO (PE-CXO), the world’s largest community of private equity-backed executives, in collaboration with Falcon Partners, a recognized executive search firm exclusively serving private equity, today released the inaugural Top 50 Private Equity Firms for Executives Report. The data-driven findings include a framework known as The Nine Dimensions of Governance Fit®. This framework enables both executives and sponsors with a strategic and intentional framework by which to assess fit at a level that can better predict successful outcomes.
The report reveals a host of instructive findings available in the full report. Among these insights, 56% of executives would gladly pursue another deal with sponsors who lead with transparency and pragmatism. Only 16% of respondents who felt their sponsor failed to partner with management said they would be willing to return to their former sponsor, while 97% of executives who felt aligned with their sponsor reported being willing to work with them again.
This report’s findings are timely: an unrelenting, decades-long increase in PE dealmaking has resulted in unprecedented demand for C-suite portfolio company executives. “The supply/demand trend continues to worsen in the PE marketplace, thereby making a competitive talent pool even more daunting. Elite executives will be diligent and selective in choosing the right opportunity and optimal sponsor fit,” said Cori Finefrock Audey, VP of PE-CXO.
Rob Huxtable, Partner, Falcon, added, “Aligned interests are a hallmark of private equity. Yet the key findings of this report show there is a significant opportunity for sponsors and executives to ensure that cohesion is better prioritized. The Nine Dimensions of Governance Fit® introduced in this report can serve as a framework for sponsors and management when conducting mutual diligence ahead of key hiring decisions, or when seeking performance improvement.”
The findings of the report are based on a survey of more than 1,000 private equity-backed executives in the U.S. conducted from July 2022 – December 2022, as well as interviews with numerous experienced portfolio executives. This research is just one of many ways PE-CXO is working to ensure the future of private equity by growing and strengthening the population of elite PE operators. To access the full report, click here.
Pamlico Capital is a private equity firm founded in 1988 that invests in growing middle market companies in North America. Pamlico Capital seeks control-oriented growth equity investments of up to $200 million alongside founders and proven leaders in its target industries: communications, healthcare, services and software. The firm, based in Charlotte, NC, has assets under management of almost $3.5 billion. For additional information, please visit www.pamlicocapital.com.