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night.After a roughly six-month pause, private equity's on-cycle recruiting machine roared back to life last week. The process was just as frenzied, but recruiters said the extra time produced an unexpected upside: sharper, better-prepared candidates.The hiring restart came just as first-year bankers returned from the winter holidays. Firms began outreach for 2027 associate roles they had originally planned to fill in the summer, before banks cracked down on the practice. In recent years, the timeline had crept steadily earlier, with 2024's process kicking off in June, before many analysts had even hit the desk.Blackstone, Apollo, KKR, and Thoma Bravo were among the more than a dozen firms that interviewed candidates and extended offers, according to people familiar with the process. Some firms declined or did not respond to requests for comment. But sources said the cycle's customary theatrics — late-night interviews, exploding offers — were back in full force.In some cases, candidates spent most of the day inside the offices of the industry's largest buyout firms, the people said, declining to be identified to preserve professional relationships. Most interviews took place on January 5, with some extending into the following day.A first-year investment banker at a bulge-bracket firm who went through the process said offices were overflowing. "You show up, and depending on the firm, it could be up to 100 kids in suits crowding the lobby at the same time," the banker said. "It was chaos."He snagged an offer after spending from 7 a.m. to 10 p.m. at one firm, but under pressure. The firm asked him to sign his offer on the spot, he said, before he could exit the building.Recruiters Business Insider spoke to said the added time junior bankers had spent on the job made a noticeable difference."There has been a considerable dissatisfaction over the last couple of years from buyside firms not being able to fill their associate classes through on-cycle recruiting, driven by how early the process started and how unprepared firms found the bankers they met to be," said Anthony Keizner, managing partner at Odyssey Search Partners."Since the bankers being interviewed now have had five months' deal experience, they are typically much more competent, able to pass financial modeling tests, and understand deal mechanics better," Keizner added. "This year's initial take is that PE firms are happier as a result, and seem to be filling a higher proportion of their associate class from this process."CGU et Politique de confidentialitéPrivacy & Cookie SettingsMore InfoS&P Futures6,965.50 -0.75 (-0.01%)Dow Futures49,336.00 -20.00 (-0.04%)Nasdaq Futures25,635.25 +4.25 (+0.02%)Russell 2000 Futures2,667.00 +0.90 (+0.03%)VIX16.75 +0.77 (+4.82%)Gold4,600.00 -35.70 (-0.77%)Actions du momentBTC-USD Bitcoin USD 96,392.03 +1,403.88 (+1.48%)ROLR High Roller Technologies, Inc. 18.89 +15.37 (+436.65%)RIVN Rivian Automotive, Inc. 17.50 -1.35 (-7.16%)MDB MongoDB, Inc. 386.89 -24.30 (-5.91%)TWLO Twilio Inc. 123.03 -6.80 (-5.24%)PortefeuilleConnectez-vous pour accéder à votre portefeuilleSe connecterLes plus performantsCRML Critical Metals Corp. 17.93 +4.41 (+32.58%)BTDR Bitdeer Technologies Group 14.76 +1.99 (+15.58%)EWTX Edgewise Therapeutics, Inc. 28.17 +3.22 (+12.91%)LUNR Intuitive Machines, Inc. 19.76 +2.19 (+12.46%)VKTX Viking Therapeutics, Inc. 34.34 +3.65 (+11.89%)Les moins performantsTCOM Trip.com Group Limited 62.78 -12.90 (-17.05%)DAVE Dave Inc. 185.46 -26.26 (-12.40%)VIA Via Transportation, Inc. 24.05 -2.82 (-10.49%)PSO Pearson plc 12.99 -1.40 (-9.73%)NAVN Navan, Inc. 15.66 -1.59 (-9.22%)Les plus liquidesNVDA NVIDIA Corporation 183.14 -2.67 (-1.44%)INTC Intel Corporation 48.72 +1.43 (+3.02%)BBAI BigBear.ai Holdings, Inc. 6.26 +0.17 (+2.79%)ONDS Ondas Holdings Inc. 13.56 -0.33 (-2.38%)PLUG Plug Power Inc. 2.3500 +0.0700 (+3.07%)Principaux événements économiquesÉvénements concernant les bénéficesÉvénements concernant mes bénéficesÉvénements concernant les bénéfices