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Barnes & Thornburg study finds that investors are pressuring GPs on succession planning and AI, but fund managers are not buckling.
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Market sources expect to see increased adoption and new approaches to the technology over the year ahead
PFCFO Insights Adoption of AITech
CFOs are exploring how artificial intelligence could transform their asset classes
AI technology is becoming a must-have, rather than a nice-to-have, in an increasingly competitive private funds market.
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Developments in artificial intelligence will rely on improvements in accuracy, reliability and transparency, writes Hebbia's George Sivulka.
However, the survey found that nearly half of managers agree that AI will be the most significant technology shaping businesses and industries over the next decade.
Side gigs and technology pose new challenges for compliance teams.
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