Welcome to Concept's Private Equity Bulletin.
Your snapshot of the technology-focused private equity market for Q1 2024.
Conversely, a significant portion, accounting for 48%, believe that these AI solutions have only managed to partially fulfil the promises made.
Reasons include AI models requiring time to learn and adapt, and unrealistic expectations fuelled by the hype around generative AI.
Read more in the full bulletin here.
Nearly two-thirds of investment firms say tech companies are important to their investment strategy – 26% have launched or plan to launch a specific tech fund/strategy.
Tech is central to value creation efforts this year for 57% of investment firms, according to Private Equity Wire research.
“Software - with one of the most interesting and scalable business models - is an attractive sub-sector for PE. It’s also mission critical, which is why it can typically thrive no matter the macroeconomic conditions.”
David Tse, Senior Vice President, Thomas Bravo.
Value creation & tech
This year, value creation takes centre stage, with technology playing a pivotal role. 57% of firms indicate that their primary value creation strategies are centred around technology.
AI influencing investment strategies
AI progress is reshaping firms' perspectives on the significance of tech companies in their investment strategies. One in four firms have either initiated a dedicated tech fund/strategy or intend to do so.
Discover more in the full bulletin here.
Recommended by LinkedIn
"45% of UK companies expressed belief that their teams were not equipped to utilise advanced technology" (Hurst, 2023)
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