In this episode, Steve Darrington, recently retired chief risk and finance officer of Phoenix Equity Partners, discusses the future business model of private equity firms. For Steve, the firms embracing advancements in data and AI will be at an advantage, especially as fund managers seek to grow AUM without simply increasing headcount. Steve also explores the recent growth in GP staking, and how the private equity industry has become a sector in and of itself.I hope you enjoy this instalment, and stay tuned for the following episodes.  

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