Artificial intelligence is rapidly evolving from a nascent capability to a core driver of value creation in private equity. In this episode, Alvarez & Marsal Managing Director Steven Lee explores how firms are progressing along the AI maturity curve and where the technology is delivering real impact across the deal lifecycle—from sourcing and screening to financial due diligence. He discusses how AI is enabling more data-driven decisions, accelerating timelines, and uncovering opportunities that traditional methods may miss, while also addressing common misconceptions around its capabilities and limitations. 

The conversation highlights how A&M is leveraging AI both internally and with clients to solve practical challenges for deal teams, and concludes with a forward-looking perspective on the key opportunities and risks that will shape AI adoption in private equity over the next 24 to 36 months.