TLDR:
- Fundraising, AI, and cybersecurity were the main topics at the 2024 New York Forum for private equity CFOs.
- Delegates discussed the challenges facing modern CFOs in the industry.
In a recent article by Tom Auchterlonie, Jennifer Banzaca, Graham Bippart, and Graeme Kerr, the role of private equity CFOs and COOs was redefined at the 2024 New York Forum. The event highlighted key challenges and innovations facing modern CFOs in the industry.
Fundraising, AI, and cybersecurity were prominent topics of discussion at the forum. Delegates engaged in conversations about the evolving landscape of private equity finance and how CFOs can navigate these changes effectively. The role of technology, particularly AI, in streamlining operations and decision-making processes was a key focus for many attendees.
Furthermore, cybersecurity emerged as a critical issue for private equity CFOs, with an increasing emphasis on data protection and risk management. As the industry becomes more digitalized, CFOs are tasked with ensuring the security of sensitive information and maintaining compliance with regulations.
The article also highlighted the importance of CFOs adapting to new regulatory and compliance requirements. With changing regulations and increased scrutiny on the industry, CFOs need to stay updated on best practices and ensure their firms remain in compliance with relevant laws.
Overall, the article emphasized the evolving role of private equity CFOs and COOs in the face of technological advancements, regulatory challenges, and shifting market trends. The 2024 New York Forum provided a platform for industry professionals to engage in meaningful discussions and exchange insights on best practices for navigating the complexities of the private equity landscape.