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Private equity looks to the CIO as value multiplier

May 24, 2024

Via: CIO

Investors look to CIOs to drive revenue creation, cut costs, and research new deals, while setting digital transformation and AI strategies.

The CIO’s value in the rebounding private equity market appears to be increasing, as investors see IT as an enabler of new revenue and as a driver of cost efficiencies.

Several CIOs and other IT leaders in private equity (PE) environments say they see a trend toward the position being elevated, both with investors and at the portfolio companies they fund.

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