Q2 - 2026 Quarterly Business Development Report is now Available! View Report
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Private equity business development recruiting

Built exclusively for deal sourcing in private equity.

We recruit the deal sourcing, origination and intermediary coverage professionals who drive deal flow.

State of PE business development

Q2 2026 · Updated quarterly

999

Dedicated BD professionals in US and Canadian PE

450

PE firms with at least one dedicated BD professional

+29%

Growth in total BD professionals since Q1 2024

71%

Of tracked firms in fund-size categories of $2B or less

292

BD professionals at Partner, MD or Head of BD level

19

First dedicated BD hires YTD

Source: Coastal Partners Q2 2026 Quarterly BD Report. Snapshot as of June 30, 2026. Explore the full data →

Growth: 777 to 999 professionals, rounded to the nearest percent. Fund-size share: 318 of 450 tracked firms; includes 54 firms classified as Other in the denominator.

Firms come to us at three moments

Your first dedicated BD hire

Guidance on role scope, candidate background and compensation for your first BD hire.

Growing or upgrading a team

We help you identify the right experience, relationships and sourcing approach to strengthen your team.

BD inside a portfolio company

We help you identify sourcing talent that fits your portfolio company’s strategy and stage of growth.

Generalist recruiters cover PE.
We cover one seat in PE.

Market map.

Every dedicated BD professional at every PE firm, by title, tenure, background and fund size.

Compensation data.

Our annual compensation survey focuses exclusively on private equity business development.

Network.

30+ episodes of The Deal Sourcery Podcast with BD leaders at H.I.G., Riverside, MidOcean, HKW, Monomoy, and more.

Our Process With You

The Journey Starts Here

Market Research & Identification

Coastal Partners

Canvas market for candidates.

Long-list Presentation

Firm & Coastal Partners

Review list with client.

Final Assessments & Decision

Firm & Coastal Partners

Help narrow list of final candidates.

Onboarding Support

Coastal Partners

Maintain contact with candidate and client.

Road image

Discovery

Firm & Coastal Partners

Understand firm and role to map out search.

Candidate Engagement

Coastal Partners

Screen candidates.

Client Interviews & Touch Points

Firm & Coastal Partners

Schedule interviews, keep in touch.

Offer & Negotiation

Firm & Coastal Partners

Assist in offer process.

Discovery

Firm & Coastal Partners

Understand firm and role to map out search.

Market Research & Identification

Coastal Partners

Canvas market for candidates.

Candidate Engagement

Coastal Partners

Screen candidates.

Long-list Presentation

Firm & Coastal Partners

Review list with client.

Client Interviews & Touch Points

Firm & Coastal Partners

Schedule interviews, keep in touch.

Final Assessments & Decision

Firm & Coastal Partners

Help narrow list of final candidates.

Offer & Negotiation

Firm & Coastal Partners

Assist in offer process.

Onboarding Support

Coastal Partners

Maintain contact with candidate and client.

compass icon for end of journey

Journey Complete!

Client Testimonials

Montage Partners logo

Within lower middle market private equity, there isn’t a recruiter that knows the business development landscape better than Matt Rooney. Most importantly, Matt understood our people-first ethos and worked to find candidates that aligned with our values. The successful search process Matt led was transparent, robust, and efficient and we wouldn’t hesitate to engage TD Newland on a future search.

Headshot of Rob Wolfman

Rob Wolfman

Managing Partner
Trivest logo

Matt and his team have helped us recruit numerous A players over the years. In addition to their singular focus on the business development function, their level of professionalism, responsiveness, and efficacy is without rival. Equally, if not more, important, they have a knack for looking for – and finding – high quality candidates in places other firms don’t. We look forward to working with TD Newland on future engagements and give them our strongest possible endorsement.

Headshot of Tony Hill

Tony Hill

Principal, Business Development
Montage Partners logo

"Within lower middle market private equity, there isn’t a recruiter that knows the business development landscape better than Matt Rooney. Most importantly, Matt understood our people-first ethos and worked to find candidates that aligned with our values. The successful search process Matt led was transparent, robust, and efficient and we wouldn’t hesitate to engage Coastal Partners on a future search."

Headshot of Rob Wolfman

Rob Wolfman

Managing Partner
Trivest logo

"Matt and his team have helped us recruit numerous A players over the years. In addition to their singular focus on the business development function, their level of professionalism, responsiveness, and efficacy is without rival. Equally, if not more, important, they have a knack for looking for – and finding – high quality candidates in places other firms don’t. We look forward to working with Coastal Partners on future engagements and give them our strongest possible endorsement."

Headshot of Tony Hill

Tony Hill

Principal, Business Development
ParkerGale logo

"Matt and his team have provided tremendous insight into the growing demand for business development talent in Private Equity. We engaged Matt to help us make our first junior hire and navigate the lower middle market business development landscape. Matt understood the importance of cultural fit for our small team at ParkerGale. And he put together a thoughtful search process filled with high quality candidates with unique backgrounds, while being organized, transparent, and professional throughout. We would gladly work with Coastal Partners on future engagements."

David Robinson headshot

David Robinson

Head of Research

A Sample of Our Placements

Head of Business Development
at a mid-market buyout firm.

Director of Business Development
(Regional) at a well-known generalist buyout firm with 5B AUM across 3 funds.

Associate Director of Business Development
at a leading software PE firm.

Partner (Investment Team)
at a multi-strategy investment firm with 3B AUM across 5 funds.

Director of Investor Relations
at a mid-market buyout firm.

Vice President (Investment Team)
at a lower mid-market buyout firm.

Director of Business Development,
first dedicated BD hire, at a lower mid-market private equity firm.

Associate, Investor Relations
at a lower mid-market private equity firm.

Select the Best Structure for Your Search

Contingent

35%

of base salary

Let’s see if we can help - Our most flexible solution, no upfront fee, giving access to existing network of candidates.

Most Popular

Engaged

32%

of base salary

Our most popular solution - targeted search beyond existing network of candidates, 6 month candidate guarantee post hire.

Retained

30%

of base salary

Our full service solution - targeted search beyond existing network of candidates, 12 month candidate guarantee post hire, exclusivity on all candidates introduced.

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A Custom Search Built for You

Let us design a custom proposal based on the needs at your firm.

A 30-minute intro call gives us what we need to craft a proposal to see if we are the best partner for your search.

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