AI can pick private equity firms to back better than many investors, per an Oxford study. Artificial intelligence can pick out top-performing private equity (PE) funds better than many institutional investors, according to research from the University of Oxford. Researchers trained an AI model to identify high-performing PE funds by reading 400 fundraising prospectuses and factoring in long sections that are often overlooked by investors, for a study by the Saïd Business School. Ludovic Phalippou, the lead researcher and a professor of financial economics at Oxford Saïd. But only a limited number of investors have the resources to take advantage of AI, so Phalippou expects to see consultants add it to their services.

---

Persons: Ludovic Phalippou, Oxford Saïd, Phalippou Organizations: University of Oxford, Saïd Business School, Oxford, Oxford Saïd, Coller Locations: Oxford