WEBVTT

25d498b1-c391-4aa3-b19d-9b8d0ef7cbd3-0
00:00:00.800 --> 00:00:04.892
I'm here at CES meeting with
clients and partners to discuss

25d498b1-c391-4aa3-b19d-9b8d0ef7cbd3-1
00:00:04.892 --> 00:00:07.040
the latest trends in technology.

ad44a61c-89a5-4789-b9aa-7e3c2e503ffe-0
00:00:07.960 --> 00:00:12.146
And technology is playing an
increasingly important role also

ad44a61c-89a5-4789-b9aa-7e3c2e503ffe-1
00:00:12.146 --> 00:00:14.240
in the private equity industry.

f2c4557c-de7b-46b7-b13b-e28a2f5fcc63-0
00:00:14.440 --> 00:00:16.280
Let me give you two examples.

537d3e1e-e087-49f8-88ab-a4b98ee32b3b-0
00:00:17.040 --> 00:00:21.556
Within private equity firms, we
see technologies like machine

537d3e1e-e087-49f8-88ab-a4b98ee32b3b-1
00:00:21.556 --> 00:00:25.562
learning or GenAI deployed
across the whole investment

537d3e1e-e087-49f8-88ab-a4b98ee32b3b-2
00:00:25.562 --> 00:00:26.000
cycle.

9111fc70-f75c-4add-bbcb-b7bc78112b00-0
00:00:26.760 --> 00:00:30.495
Gone are the days where the
analysts are just looking at

9111fc70-f75c-4add-bbcb-b7bc78112b00-1
00:00:30.495 --> 00:00:32.920
information memoranda by
themselves.

2ecdbf97-1adf-4def-a311-f6668d87d743-0
00:00:33.480 --> 00:00:38.875
In future, this will always be
supported by bots, by a lot more

2ecdbf97-1adf-4def-a311-f6668d87d743-1
00:00:38.875 --> 00:00:41.320
data and ultimately by GenAI.

891508d7-be80-45ac-a57b-c6d6d7976922-0
00:00:42.120 --> 00:00:45.600
The second example is within the
private equity portfolio

891508d7-be80-45ac-a57b-c6d6d7976922-1
00:00:45.600 --> 00:00:46.200
companies.

da0748eb-a548-42d8-8e23-a4a0ecbd398e-0
00:00:46.800 --> 00:00:48.760
Let's take software companies.

9cdf08bf-b007-432e-8d0d-d8c99537266a-0
00:00:50.120 --> 00:00:54.179
80% of the costs of software
companies sit in three

9cdf08bf-b007-432e-8d0d-d8c99537266a-1
00:00:54.179 --> 00:00:54.960
functions.

1ca2f508-09cd-4e32-b7dc-503ed2ea576c-0
00:00:55.800 --> 00:00:59.349
With the use of GenAI, the cost
of these functions can be

1ca2f508-09cd-4e32-b7dc-503ed2ea576c-1
00:00:59.349 --> 00:01:00.880
reduced by more than 20%.

3c3ee6d7-8427-4782-8b5a-7a0582125d50-0
00:01:01.520 --> 00:01:04.520
This is stage one of value
creation

ca80d473-f644-4f66-aaaf-abe363235495-0
00:01:04.520 --> 00:01:09.230
with GenAI. Step 2 will come
when better decision making will

ca80d473-f644-4f66-aaaf-abe363235495-1
00:01:09.230 --> 00:01:13.332
take place and when new
operating models can be built

ca80d473-f644-4f66-aaaf-abe363235495-2
00:01:13.332 --> 00:01:15.079
with the help of GenAI.

642ee1a5-434a-4717-8737-9950911f03f5-0
00:01:15.760 --> 00:01:19.951
We see already the leaders
building better businesses,

642ee1a5-434a-4717-8737-9950911f03f5-1
00:01:19.951 --> 00:01:24.218
driving better decisions with
the use of technology and

642ee1a5-434a-4717-8737-9950911f03f5-2
00:01:24.218 --> 00:01:28.866
ultimately again, this will
drive returns and performance in

642ee1a5-434a-4717-8737-9950911f03f5-3
00:01:28.866 --> 00:01:31.000
the private equity industry.