Fastest Growing Companies

January - December | 2024

Fastest Growing Companies

Average of 12 Months Workforce Growth vs Overall Employees Globally

Qube Research & Technologies (QRT) has seen a remarkable 71% workforce surge, driven by aggressive expansion and a successful strategy of hiring talent from banks. As a spinoff from Credit Suisse, QRT has grown from $800 million in 2016 to $23 billion by 2025, with its ability to attract top-tier quantitative and technical professionals playing a key role, highlighting the need to balance expansion with maintaining a strong organisational culture. Similarly, LMR Partners (31%) and Saltus (25%) also show strong growth.

Fastest Growing Companies

Attrition

GLAS (20%) and Downing (19%) have the highest attrition rates among the fastest-growing companies, suggesting pressures from rapid expansion, shifting team dynamics, and integration challenges. Hayfin Capital Management (18%) and Schonfeld (17%) also face elevated attrition. Interestingly, while attrition among the fastest-growing firms is higher than the biggest companies, it remains below the investment banking average of 19%, indicating that retention challenges may be less severe than in the broader industry.