General Atlantic has joined Apollo Global Management in halting early recruitment for junior roles, informing applicants that interviews for positions starting in 2027 will not be conducted this year. This decision comes after complaints from JPMorgan Chase CEO Jamie Dimon about conflicts of interest in on-cycle recruiting.

On-cycle recruiting, where private equity firms hire recent graduates for roles starting in two years, has sparked controversy among Wall Street players. Dimon criticized the practice, leading to General Atlantic's announcement of delaying recruitment until next year.

Apollo was the first to disavow the accelerated interview process, which typically began in June. Both firms changed their approach following JPMorgan's warning to junior analysts about accepting future-dated jobs within 18 months of starting at the bank.

General Atlantic emphasized its commitment to thoughtful talent choices and culture development in the delay message to potential recruits. Apollo CEO Marc Rowan acknowledged Dimon's concerns, highlighting the need for students to understand their career options before making decisions.

General Atlantic, managing over $100bn,, is based in New York and focuses on leveraged buyouts and growth equity investments. The firm chose not to provide further comments on the recruitment pause.

One college graduate expressed frustration over the hiring delays, noting that interviews would now occur during demanding investment banking jobs. This shift in recruitment timelines has raised concerns among junior colleagues.