* High-flying hedge funds had vied for recruits
* All changed with financial crisis
* PE offers stability and career growth
M&A’s on the backburner. Fundraising is still tough. But one thing has gotten easier for private equity firms: recruiting.Three years ago firms were competing against hedge funds, said Bennett Rosenthal, Ares Management’s senior partner and co-head of the private equity group. Hedge funds were offering “gigantic current comps” to smart recruits, said Rosenthal during the Bloomberg Dealmakers Summit late last ...