We’re excited to welcome Matt Swett as the new Practice Director for Boston at The Forum Group. In this exciting new role, Matt will lead our accounting and finance recruitment initiatives across the region, playing a key part in boosting our presence in Massachusetts.

An Impressive Career Journey

Matt brings a wealth of experience and an excellent track record in staffing, specializing in accounting and finance roles. He began his career with Beacon Hill Staffing Group’s Perm Finance division which was consistently recognized as one of the company’s top-performing groups. From achieving early career milestones like the Rookie Club title within his first year—a feat unmatched by anyone in his group for over a decade—to becoming a leading recruiter, Matt embodies the grit, drive, and intuitive people skills essential for success. Matt excelled at BH, achieving the highest honor, Presidents Club, with over $400k in billing for three consecutive years before joining us. Matt’s expertise, determination, and passion make him an exceptional addition to our team.

Why The Forum Group?

When asked about joining our team, Matt shared he instantly resonated with the company’s values and long-term vision. “After meeting the leadership team, I knew this was the right company for me,” Matt explains. “I left a comfortable position because my values aligned with The Forum Group, and I could sense the genuine care they have for their employees, clients, and candidates alike. Here, we focus on building lasting, authentic relationships, and I’m truly excited for the future of our Boston office.”

Building The Forum Group’s Boston Presence

Matt’s strong performance record and insights are a natural fit for leading The Forum Group’s expansion into Massachusetts. He shares, “I look forward to building our presence in Boston, attracting talented recruiters along the way, and demonstrating our commitment to superior client service. We’ve built enduring client relationships as a veteran-owned firm with over 50 years of success in New York and Connecticut. I’m eager to bring that same dedication to the Boston market.”

Outside the Office

Outside of work, Matt resides in Andover, MA. An avid golfer during warmer months, he’s aiming for a single-digit handicap and enjoys playing ice hockey and skiing in the winter. Matt is also preparing for a major personal milestone—he and his wife are expecting their first child, a baby boy, in March 2025! “I’m thrilled to become a father and to make my son proud,” he shared.
Please join us in welcoming Matt Swett to The Forum Group! Connect with Matt on LinkedIn here.

The private equity (PE) industry is changing dramatically, including how firms approach talent acquisition and leadership effectiveness amidst longer hold periods. As PE firms strive to create sustained value within their operations over extended durations, new strategies and priorities are emerging.

Our team recently participated in Hunt Scanlon’s “PE Operating Partners Talent Forum: Designing a New Talent Playbook for Growth” Conferenceopens in a new window in New York. With over 350 PE professionals and executive search experts, we talked about the obstacles and strategies shaping today’s hiring challenges. Let’s explore the key takeaways from this conference together.

The Changing World of Private Equity

Pre-COVID vs. Post-COVID

Before the onset of COVID-19, private equity firms were thriving with abundant business opportunities. But the post-pandemic landscape shifted dramatically. The market tightened, and large takeovers are now less common. With rising interest rates, debt has become pricier, leaving PE firms with about $2 trillion in what we call dry powder (uninvested cash).

In response, the focus has shifted from mere financial engineering to innovative strategies such as consolidating multiple companies within the same industry through platform or roll-up deals. This strategy extends the holding period to roughly seven years–much longer than the usual four, aiming to maximize returns in this fiercely competitive market.

New Focus Areas: Culture and Talent

With longer investment periods and more competition, PE firms have now shifted their focus to company culture, talent, and leadership. Investors and management now agree that strong leadership is crucial for success. Without it, you simply won’t make it.

While traditionally, leadership and hiring focused on CEOs and CFOs, today’s spotlight on culture and talent is centered on the Chief Human Resource Officer (CHRO) and Chief Talent Officer (CTO). These roles are vital in the industry, and every private equity firm should have a human capital partner to support operational and portfolio leaders.

The Rise of Operating Partners

The longer investment horizon also increases the need and importance of a new role: long-term operating partners. These partners integrate operations and finances of merging companies. Plus, they manage human capital management and cultural alignment.

According to PwCopens in a new window, the operating partner’s role is crucial for driving value creation after an acquisition. They are now deeply involved in executing the original deal plan and ensuring operational enhancements last over the long investment period.

Hiring for PE Knowledge and Experience

What do PE firms seek in leadership and talent in this changing landscape? The world of private equity is vastly different from traditional corporations and small businesses, requiring leaders with specific experience and skills. PE firms seek individuals with industry know-how and experience in the fast-paced PE world. Candidates must often look for new opportunities once a company is sold, but the potential for ownership in a sale and the high-stakes environment can be very attractive.

Some important qualities for candidates in today’s PE hiring environment:

• Technical Skills: Mastery of industry details
• PE Experience: Understanding the unique demands and pace of the PE field
• Personal Traits: Resilience, drive, humility, and intelligence

Develop a Talent Playbook

A successful talent strategy in PE hinges on aligning value creation with talent management. The Talent Playbook, a key topic at the Hunt Scanlon conference, emphasizes an approach that revolves around plan, process, and people:

• Planning: Create a plan that aligns the firm’s value creation goals with its talent strategy.
• Process: Ensure critical people and processes are in place and aligned.
• People: Regularly assess skills, map out critical roles, and focus on HR.

A recent Harvard Business Review articleopens in a new window highlights the importance of developing a comprehensive talent strategy beyond traditional roles, incorporating leadership development, succession planning, and diverse skill sets to drive innovation and growth.

Partner with a Human Capital Expert

In the competitive private equity world, many PE firms are increasingly turning to specialized human capital experts to help identify and onboard top-tier leadership talent. Human capital firms, like The Forum Group, excel in pinpointing individuals who not only possess the requisite technical acumen but also embody the personal attributes crucial for thriving in this dynamic sector. With a deep understanding of the industry’s nuances, we provide invaluable guidance on addressing critical talent challenges, including succession planning and performance management, thereby enhancing organizational resilience and leadership stability.

Tips for Hiring in the PE World Today

• Prioritize Culture and Fit: Ensure candidates align with the firm’s values.
• Focus on Experience: Look for candidates with relevant industry experience and a track record in the PE environment.
• Invest in Succession Planning: Develop a robust succession plan to ensure continuity and leadership stability.
• Emphasize Personal Qualities: Seek out candidates with grit, humility, and adaptability – qualities essential for thriving in the PE world.
• Engage with Experts: Partner with firms like The Forum Group, which has a proven track record in recruiting top-tier talent for PE firms.

Navigating the challenges of PE hiring can be challenging. But if you highlight strong leadership and find top-notch candidates, your firm can rise to the top. It’s about delivering value to investors beyond just money. With the PE sector constantly changing and growing, smart hiring is critical to keeping your firm competitive and thriving in the long run.

Have questions? Reach outopens in a new window to one of our PE search firm experts. We are here to help

We are excited to welcome Marc Rentzer, who joined The Forum Group’s leadership team in May 2024 as Head of Talent Acquisition. With his strong experience in recruitment and talent management, Marc will fuel our company’s growth by attracting top talent to our specialty divisions and launching new ones nationwide.

A career built on excellence

Marc’s career in the recruitment industry is a testament to his versatility and adaptability. He embarked on his professional journey at Howard-Sloan Search’s retained search division in 2000, managing a full desk for a decade. His exceptional skills led him to TNS, part of WPP, where he spearheaded all recruiting efforts in North America. Marc then transitioned to Lucas Group, focusing on HR contingency search, before returning to Howard-Sloan Search. There, he significantly expanded the firm’s size by bringing on key recruiting and sales producers and establishing new divisions. Before his recruitment career, Marc explored other fields, working as a publishing account executive and chef in high-end NYC restaurants. He even had a stint at the iconic NYC nightclub CBGB during his college years, known for launching legendary bands like Blondie, The Talking Heads, and The Ramones.

A longstanding connection with The Forum Group

Marc’s connection with The Forum Group dates back two decades, when he crossed paths with Susan Lustig at an industry event. Over the years, Marc has highly admired The Forum Group recruiters for their professionalism, integrity, and warmth. He was particularly inspired by our founder, Frank Fusaro, and his adeptness in steering the firm through various industry challenges and changes.

A vision for growth

Marc’s response was filled with excitement and inspiration when asked about his decision to join The Forum Group. He sees it as a tremendous opportunity to work with a team he deeply respects, to propel the firm to new heights with the highest-quality recruiters and account managers our industry has to offer, and to stay true to the core values that he believes in.
Marc’s extensive experience in recruiting and building teams aligns perfectly with his new role. He emphasizes the importance of meaningful relationships and the daily grind of business development and recruiting. He aims to build partnerships within our team and attract top talent, contributing to the firm’s success.

Looking ahead

Marc is eager to contribute to The Forum Group’s growth and success. He looks forward to furthering his understanding of the company, its people, and its operations. His vision includes expanding our existing divisions, establishing new ones across the U.S., and doubling the firm’s size with the right people.

Get to know Marc

Outside of his professional life, Marc is an avid music enthusiast, playing guitar professionally in live bands since he was 17. He enjoys cooking, entertaining, and dining at various types of restaurants. Marc appreciates high culture and a dive bar’s vibrant atmosphere with punk rock on the jukebox. He loves traveling, beach days, camping, fishing, hiking, and even axe throwing. Marc spends much time with his family and friends and is proud of his son, Daniel, a talented guitar player.

Marc’s enthusiasm and readiness to take on this new role are palpable. His words, “I’M READY TO RUMBLE!” reflect his eagerness to lead and his confidence in the team’s ability to achieve great things together.

We are excited to see Marc’s impact on The Forum Group and look forward to achieving new heights together. Please join us in welcoming Marc Rentzer to the team! Connect with Marc on LinkedIn.

In 1974, a determined young man with an unwavering work ethic and an indomitable spirit embarked on a groundbreaking business endeavor. Together with two partners, Frank Fusaro established The Forum Group — a career consulting firm that has since become a leading force in the recruiting industry.

There are many ways to describe Frank and his experience leading the company. But above all, he is grateful.

When reflecting on the upcoming 50th anniversary of The Forum Group, Frank says, “50 Years. It has been a true blessing to build this business and impact so many lives. I am immensely proud of the incredible careers that have flourished here, and I am profoundly grateful.”

Humble Beginnings to Monumental Achievements: The Power of Hard Work

Frank’s father passed away when he was a young baby, forcing his family to relocate to his grandmother’s apartment building. In that building and community, Frank was surrounded by a supportive network of aunts, uncles, cousins, and friends who instilled in him the essential principles and values he holds dear to this very day.

“We may not have had much monetary wealth,” Frank recalls, “but I had all the support I needed. We were a tight-knit community.”

After graduating from Brooklyn Prep High School at 17, he joined the United States Marine Corps, dedicating several years to serving his country. After completing his military service, he pursued higher education while working full-time, ultimately obtaining his Certified Public Accountant (CPA) license and landing a job with PricewaterhouseCoopers. However, when presented with the opportunity to start The Forum Group, Frank fearlessly dove in head-first.

“At the time, I may not have known much about recruiting,” Frank admits, “but I understood accounting, sales, and the value of hard work. So, I seized the opportunity. I took the chance.”

The Forum Group initially focused on accounting, forging relationships with top firms nationwide and regularly hosting informative lectures. Through tireless dedication and countless hours of hard work, success blossomed, and the rest is history.

50 Years of Heartfelt Leadership and Service

Frank credits his humble upbringing, the support of his family and community, and his experience in the Marine Corps – coupled with a touch of luck – as the foundation of his personal success. When it comes to the success of The Forum Group, he humbly acknowledges his team and the pivotal role relationships play.

“Relationships matter,” he emphasizes. “Employees and clients seek trust and genuine concern. Being a remarkable leader is everything. You must foster a culture of care for your people and communities. That is what I have shrived for.”

Indeed, Frank’s efforts are evident throughout the years. The Forum Group thrives on a remarkable culture, unwavering commitment to clients and enduring relationships. With the most tenured employee having been with the company for an astounding 47 years and many others boasting 25 to 30 years of dedicated service, The Forum Group defies the norms of today’s career world.

Frank’s dedication to giving back to his community is equally noteworthy. He has served and supported numerous philanthropic organizations, including The Columbus Foundation, Cooleys Foundation, and Tunnels to Towers – all driven by his deep conviction to honor Italian and veteran legacies.

In honor of The Forum Group’s upcoming 50th Anniversary in April 2024, the firm is partnering with the Tunnel to Towers Foundation to raise funds to construct a smart home for a severely wounded United States Veteran and their family. This initiative ensures they receive the critical care and assistance they truly deserve.

The Future of The Forum Group

Frank has skillfully guided The Forum Group through unforeseen challenges and remarkable opportunities throughout the last five decades as the world, business, and technology underwent incredible, massive transformations.

Today, The Forum Group boasts a dynamic team of exceptionally talented professionals – both full-time and contract employees. The firm has connected tens of thousands of exceptional candidates with numerous success stories to exciting career opportunities across diverse industries, from startups to Fortune 100 companies.

Frank’s son, Chris Fusaro, proudly serves today as CEO of The Forum Group, continuing to build upon the firm’s success. Frank offers a simple yet profound desire when asked about his aspirations for the company’s future.