Private Equity and AI: Just the Beginning

AI is enabling better internal systems, from deal flow trackers to reporting portals, streamlining and automating tasks that tend to be prone to human error and inertia. Others are permitting, sometimes implicitly, deal teams to experiment with public tools, and many junior and mid-level deal profes...

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Bibliographic Details
Published inMergers and Acquisitions Vol. 59; no. 2; pp. 28 - 29
Main Authors Fridhandler, Arnie, Greer, Olivia
Format Trade Publication Article
LanguageEnglish
Published Wilton Middle Market Information LLC 01.03.2024
Subjects
Artificial intelligence
Confidentiality
Innovations
Private equity
Software
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Summary:AI is enabling better internal systems, from deal flow trackers to reporting portals, streamlining and automating tasks that tend to be prone to human error and inertia. Others are permitting, sometimes implicitly, deal teams to experiment with public tools, and many junior and mid-level deal professionals are leaning into the opportunity to pioneer the use of AI for tasks, like writing emails and unpacking complex Excel functions. The future of AI in PE hinges not on the size of a development team, but whether each firm's culture promotes continuous experimentation in search of high-impact use cases, and attracts the type of individuals who are adventurous with the tools that are available, even public, low-cost ones.
ISSN:0026-0010