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Private equity investors see savings in AI

Unigestion, Schroders using machine learning to avoid ‘obvious losers’ among private equity firms

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Funds of funds in private equity have started using intelligent algorithms to narrow down the targets they consider investing in, taking a lead from how some of those funds pick their own investments. 

In the coming months, the fund-of-funds unit at Swiss asset manager Unigestion will begin using a machine learning algorithm to pick about 400 funds for the firm to look at more closely from the

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