Hedge funds and private equity firms are no longer staying in their lanes and are increasingly jumping between public and private markets. The convergence of hedge funds and private equity has led to fight for talent as both sides try to pitch prospective employees and investors that they are all-encompassing alternative-asset managers. It comes as the starting pool for talent in finance continues to dwindle and Silicon Valley siphons Wall Street professionals away. Click here for more BI Prime stories. As massive companies stay private longer and money pours into the private markets, private-equity firms are booming.