Not strictly related to Private Markets, but I thought this paper from Mercer was interesting:
Moving Beyond the AI Pitch: Asset Managers' use of AI
From Mercer's LinkedIn post, 4 insights:
1. 55% report AI is integrated in at least one of their strategy's investment process.
2. 91% plan to increase their use of AI in the next 12 months.
3. 69% report constraints a significant barrier that prevents further AI adoption in their investment process.
4. 73% are using AI for operational efficiency in their existing teams (for example, automating routine tasks).
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Rajiv Subhas Gohil
Global Head of Distribution
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