As the sector matures towards adding value and doing things differently, this phenomenon will only gain strength,” says Mehra of Advent India.
Challenges also come with hiring experts as they are new to the PE style of working. “Not many high-level management executives are comfortable with the part-time nature of work,” says a fund manager who does not wish to be named.
“Also, companies have a stable workload throughout the year unlike PE firms, where the pressure is deal-specific. This leads to volatility in work hours,” he adds.