Description

Summary

In this episode of the AI Pathfinder for Private Equity podcast, host Steve Budd and guest Brian Briggs discuss the evolving landscape of AI in private equity, particularly focusing on due diligence processes. They explore how AI is reshaping investor inquiries, the risks and opportunities it presents, and the importance of integrating AI considerations into investment strategies. The conversation highlights the need for a robust framework for AI due diligence, the significance of executive buy-in, and the necessity of aligning AI initiatives with core business metrics. Additionally, they provide insights on preparing for AI integration and the importance of education within private equity firms.

Takeaways

• AI is transforming the questions investors ask during due diligence
• Disruption risk is a significant concern for investors in AI
• Investors should assess the maturity of a company's AI initiatives
• A strong framework for AI due diligence is necessary for investors
• Metrics for AI initiatives should align with core business objectives

Chapters

00:00 Introduction to AI Pathfinder and Today's Topic
02:45 Insights from the AI Diligence Panel
05:16 AI's Impact on Investor Questions
08:18 The Human Element in AI Adoption
10:53 Identifying Opportunities Amid Disruption
13:46 Evolving Diligence Frameworks for AI
16:03 Red Flags in AI Readiness
18:42 Value Creation Post-Deal with AI
21:16 Short-Term vs Long-Term AI Strategies
24:04 Building AI Capabilities in Private Equity
25:54 Conclusion and Key Takeaways

Links

RingStone website

Brian Briggs on LinkedIn

AI Pathfinder Private Equity AI Strategy Meet-ups:

https://www.aipathfinder.co/ai-strategy-day
https://www.aipathfinder.co/breakfast-briefings

Have a question or would like to suggest improvements, please contact steve@aipathfinder.co