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PE Portfolio Talent Strategy: What's Driving Executive Moves in 2025

June 1, 2025


Private Equity (PE) is orchestrating a fundamental shift in portfolio company leadership, with the implications reshaping organisations and C-suites across industries. As PE firms continue to adjust to a rapidly changing business landscape, their leadership strategies are evolving to meet new challenges and opportunities.


The Strategic Imperative

With uncertain exit timelines and valuations under increasing scrutiny, private equity owners are making decisive talent moves to position their assets for the next phase of growth.


Many portfolio companies have been held for longer periods, and the need to be “investor-ready” requires an executive team that is future-focused, energised, and able to deliver tangible impact. The shift from traditional leadership to growth-driven teams has become a central component of these strategies.


Critical Talent Trends

  1. Growth Acceleration Leadership: A major trend is the systematic replacement of leadership with growth-focused executives. As many portfolio companies have struggled to maintain growth momentum, PE firms are prioritising leaders who have a proven track record in scaling businesses. These executives are expected to accelerate growth and drive value, positioning their companies for the next stage of development.
  2. Founder Transition Management: The founder-to-professional management transition is accelerating. PE owners are proactively bringing in seasoned operators to complement or replace founding teams, particularly where technical founders require complementary commercial and operational expertise. These decisions, which were delayed in the aftermath of COVID, are now seen as critical to ensuring long-term success.
  3. Technology & Digital Transformation: Another significant trend is the wholesale upgrading of technology leadership. The demand for Chief Digital Officers, Chief Data Officers, and AI-focused Chief Technology Officers is at an all-time high, as PE firms recognise that digital capability is a critical driver of growth and valuation increases. As businesses continue to expand, having strong technological leadership in place will be essential for navigating complex digital landscapes.
  4. The Customer-Centric Shift: Revenue leadership is being redefined. Traditional sales leadership roles are being supplemented or replaced by customer success veterans, growth marketing specialists, and revenue operations experts who have a deep understanding of modern B2B buying dynamics, digital channels, and how to leverage data for growth. This shift is designed to ensure that portfolio companies not only meet current market demands but also drive future revenue through customer-first strategies.

What This Means For…

  • Executives: Portfolio company leadership roles now offer accelerated career progression but come with intense performance expectations. Executives stepping into these roles must deliver fast, tangible results and adapt quickly to changing priorities.
  • Portfolio Companies: The influx of new talent brings fresh perspectives and proven playbooks to drive success. However, cultural integration remains a challenge. Ensuring alignment between the new leadership team and existing employees is critical for success.
  • The Broader Market: The talent movement creates a multiplier effect across the broader market. The best and most experienced executives from listed companies or multinational corporations are becoming the next generation of leaders within portfolio companies, contributing to a more competitive talent landscape.

How Our PE Team Can Help  

At Derwent, our expert team of consultants and researchers are dedicated to helping you navigate these shifts. Whether you’re looking to discover growth-driven leaders, integrate technology experts, or realign your leadership strategy, we can partner with you to ensure your leadership team is positioned for future success.

If you're ready to understand how these trends will shape your leadership strategies or want to explore how we can help your portfolio company succeed, Contact Us or connect directly with Ben Derwent , Simon Holloway , or Rebecca Harper today.

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The shift that changed how they led was moving from directing to removing the barriers that prevented people from performing at their best. The insight, when it came, was the same: the potential was already there. The role of the leader was to surface it, not manufacture it. For both, that realisation didn't come from a leadership program – it came from paying closer attention to what was actually happening around them. The relationship gap that costs you talent One of the harder themes of the morning: the cost of leader relationships that don't go deep enough. When leaders don't know what's really happening in someone's life – their ambitions, their constraints, the pressures they're managing alongside their role – they can't support them effectively. Women, both speakers observed, tend to manage the whole picture. They are often highly capable of compartmentalising and getting on with it, even when significant things are happening beneath the surface. 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The double burden of emotional intelligence A question that surfaced in discussion: if the qualities that make women effective leaders – holding the whole picture, asking the deeper question, attending to the wellbeing of the team – are also the qualities that can quietly add to their load, how do women embrace them without being typecast by them? The answer that emerged wasn't to dial those qualities back. It was for organisations and leaders to recognise them for what they are – a strategic asset – and to stop treating them as an informal tax. When emotional intelligence is expected but unacknowledged, it becomes invisible labour. When it's recognised and valued in how people are assessed, promoted, and supported, it becomes a genuine differentiator. The responsibility sits with the organisation as much as the individual Design it in – don't bolt it on Brendon spoke to the difference between retrofitting diversity into an existing culture and designing it in from the start. When the opportunity exists to build something new, the early decisions about who is in the room and what behaviours are rewarded shape everything that follows. Brendon referenced research on representation suggesting that when a minority group reaches around 25% – a tipping point – the dynamic in the room shifts. The culture changes. Interactions change. Getting there requires deliberate choices made early, not after the habits have already formed. The role male leaders play What made this conversation distinctive was its framing. This wasn't a discussion about what women need to do differently. It was two senior male leaders reflecting honestly on the specific decisions – and the specific failures – that shaped the women on their teams. The consistent thread: they weren't giving women an advantage. They were removing disadvantages that had always been there. Sponsoring people into rooms they weren't in. Creating space for contribution before it felt warranted. Backing someone before they felt ready, because the leader could see what the person couldn't yet see in themselves. For male leaders in technology, the ask is clear: the question isn't whether to be involved in this work. It's whether the decisions being made every day are advancing it – or quietly undermining it. The conversation didn't stop in Sydney. The following week in Canberra, Claudine Beltrami , Former ANZ Head of Public Sector at Verizon Business, and Lucy Poole , Deputy Chief Executive Officer – Digital Strategy, Policy and Performance at the Digital Transformation Agency, brought their own experience of senior leadership in technology to a roundtable of women in the industry. Our thanks to Katharine Whittaker for facilitating both conversations with the honesty and depth they deserved, and to Brendon, Duncan, Sheryl, Claudine, and Lucy for their honesty and generosity. Continue the conversation For further insights or to explore how Derwent can support your organisation's approach to women in technology leadership, connect with our Digital & Technology Practice team at sydney@derwentsearch.com.au To register your interest in future Derwent events, please reach out to us at events@derwentsearch.com.au .
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