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Employment Networks in Private Equity

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Affiliation; Information flow; Labor market transitions; Professional experience; Work experience


An employment network is a social structure made up of sets of dyadic ties that connect individuals and organizations together through the past or current work experience of an individual. A person’s employment network is composed of all the employers for which the person has ever been an employee.


The general importance of social networks in financial markets is well established in the academic literature (e.g., Cohen et al. 2010). Due to the relatively opaque nature of private equity markets, social networks may play a particularly important role in explaining a range of phenomena observed on these markets. Despite their likely fundamental role, social networks remain however scarcely studied. The relatively small literature has focused either on networks formed through educational ties or on networks formed through past employment experiences. This...

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Correspondence to Linus Siming .

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Siming, L. (2023). Employment Networks in Private Equity. In: Hammer, B., Cumming, D. (eds) The Palgrave Encyclopedia of Private Equity. Palgrave Macmillan, Cham.

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-38738-9

  • Online ISBN: 978-3-030-38738-9

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Chapter History

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    Employment Networks in Private Equity
    15 August 2023


  2. Original

    Employment Networks in Private Equity
    20 June 2023