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Automation

From automation and artificial intelligence to blockchain, PE firms are increasingly implementing advanced technologies.
Concept illustration of artificial itelligence featuring a lightbulb on a circuit board
Developments in artificial intelligence will rely on improvements in accuracy, reliability and transparency, writes Hebbia's George Sivulka.
Managers have mixed opinions on which areas of private funds management will most benefit from artificial intelligence technology, according to Private Funds CFO’s latest Private Fund Leaders Survey.
Managers are revamping their data management processes to cope with intensifying LP demands for better, faster reporting. Can technology and third-party providers help to relieve the burden?
Private equity has been slow to embrace the use of artificial intelligence, but data is dominant and those that fail to leverage its power may be left behind
Technology continues to improve the speed and accuracy of private market fund administration, but the bespoke nature of alternative assets still requires that ultimate old-school tool: human capital.
A long-standing aversion toward using technology and automated processes to calculate carry and waterfalls is slowly dissipating, but the private funds industry has some way to go before adoption takes hold across the board.
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