PDI Picks – 10/2/2023

The future is artificial

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A survey in our Future of Private Debt report 2023 reveals where AI is having an impact in the private funds industry.

Nearly one-third of GPs identify due diligence and data analysis as the business areas in which artificial intelligence will have the greatest impact over the next five years, according to PDI’s Private Fund Leaders Survey 2023.

The survey, which compiled responses from 101 senior buyout, growth, private debt, venture capital, real estate and infrastructure executives globally, found that 32 percent of GPs believe AI will have the biggest impact on processes in this area, followed by portfolio management and
performance tracking (20 percent) and investor relations and reporting (18 percent).