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How AI is reshaping landscape in private equity

BusinessCloud LogoBusinessCloud13h ago

How AI is reshaping landscape in private equity - BusinessCloud

Quick Summary:

There’s no doubt about it: artificial intelligence is reshaping the landscape of private equity.

Management teams are expected to be using these assets to run the operation and the platforms must be able to scale with future growth – especially if M&A is a strategy that an investor would like to pursue.

According to Per Edin, board committee chair and AI go-to-market leader at KPMG in the US: “If most portfolio companies can use genAI to free up say a third of all knowledge worker hours, this could unlock incremental exit value in the order of several billions of dollars for a medium-sized fund.


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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 07:29:43 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 1300 words

Reading Time: 8 minutes read

Sentences: 54 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 22860112

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About BusinessCloud

BusinessCloud Logo

Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Update Frequency: 3 posts per day

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #61

Publisher Details

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The story "How AI is reshaping landscape in private equity" was covered 13 hours ago by BusinessCloud, a news publisher based in United Kingdom.

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  • URL: https://beamstart.com/news/how-ai-is-reshaping-landscape-17279424919834

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