Human Capital Management
(HCM)
The WCAS Perspective on human capital management
Talent is the cornerstone of organizational success, and Human Capital Management (HCM) software is the solution companies turn to in order to meet the evolving needs of their top-performing professionals. This sector, spanning from payroll to comprehensive employee lifecycle management, must evolve with the growing expectations of top professionals. With a global HCM market exceeding $25 billion and an annual growth rate of over 9%, there’s a clear race to attract, nurture and retain premier talent. Our investment focus remains on cutting-edge HCM tools that foster innovation and streamline human capital management. As labor dynamics, employee preferences and economic landscapes shift, equipping organizations with agile, top-tier solutions becomes paramount.1
“I get a group of people who are talented to commit to excellence and to work together as one. That’s where it starts. Different talents, same commitment.”
- Mike Krzyzewski (Coach K.)
HCM trends we're excited to invest behind
We look forward to partnering with and fueling growth alongside HCM thought leaders to further the recruitment, training and management of every organization’s greatest resource.
Recent Relevant Experience
See the Sector Team

Jennifer Ding

Abdirizak Abdi

Ellie Gozigian
Jennifer Ding
General Partner | Technology
Jennifer Ding, a General Partner at WCAS, has always been passionate about growing enterprise software businesses and partnering with entrepreneurs to pursue their visions. She joined WCAS in 2020 and helps spearhead the firm’s efforts in EdTech, GRC, and HCM technology sectors.
Abdirizak Abdi
Vice President | Technology
Abdirizak Abdi is a Vice President on the Technology team. Abdi joined WCAS as an Associate in 2019 and was part of the investment teams of Absorb and LINQ.
Sources: [1] Fortune Business Insights [2] Bureau of Labor Statistics [3] Society for Human Resource Management [4] Gallup
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Technology News & Perspectives
Welsh, Carson, Anderson & Stowe Welcomes Gene Lockhart as Operating Partner
New York, NY – September 16th, 2025 – Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused
TrueCommerce Names Bill Glass as CEO, Marking New Phase of Growth and Innovation
Ray Greer Named Chairman of the Board; Kimberly Williams Joins Board of Directors PITTSBURGH (July 8, 2025) – TrueCommerce, a WCAS portfolio
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WCAS Announces Strategic Growth Investment in AIA Contract Documents, The Gold Standard For Risk Management Within The Construction Industry.
San Francisco, CA, July 8, 2025 --Welsh, Carson, Anderson & Stowe ("WCAS"), a leading private equity firm with a 45-year track
EquiLend Announces Appointment of New Chief Executive Officer
New York, October 23, 2024 – EquiLend, the global leader in technology, data, and analytics solutions for the securities finance industry,
WCAS Completes Acquisition of EquiLend
Private equity backing to accelerate growth initiatives for EquiLend New York, September 5, 2024 – EquiLend, the global technology, data and