Hiring and compensation in private markets continue to defy broader market instability, driven by strong inflows of insurance capital and sustained demand for asset-based finance expertise according to Bloomberg, citing a recruitment report from RCQ Associates.

Ethos Capital has appointed Lauri Palmieri as a principal to help lead the expansion of its Office of Value Creation, according to a report by Alternatives Watch.

Law firm Honigman has added Alexander Moss and Injune Park to the Private Equity Practice in the firm’s Corporate Department. Marking the seventh and eighth partner appointments this year, both join from Benesch, Friedlander, Coplan & Aronoff.

Mid-market private equity firm ECI Partners has made two appointments to its team: Marijn Pangemanan joins as investment director and Scarlett Salamon joins as investor relations analyst.

Management consultancy Bain & Co has appointed Tom De Waele to lead its business across Europe, the Middle East, and Africa, according to a report by Bloomberg. De Waele has experience advising Middle Eastern companies on growth, M&A, and private equity.

Gemspring Capital, a middle-market private equity firm with $5.1bn of capital under management, has appointed Aron Grossman and Zubin Malkani as co-heads of investments. In this role, they will continue to source, execute, and oversee investments while also assuming broader leadership responsibilities across the firm’s investing platform.