PI Global Investments
Private Equity

IPOs in Play as AI, Private Capital Reinvent Accounting Sector


Accounting firms have increasingly turned to private equity to fund artificial intelligence investments and expand services, but some are rethinking their management structures to keep up with faster-growing peers with deeper pockets.

RSM’s reported exploration of a possible public listing — which comes with its own set of risks and rewards — is the latest example of a firm weighing capital options that don’t involve private equity bosses.

“If everybody goes down a singular path on the PE route, for example, there’s risk to that route,” said Brian Blaha, vice president and chief strategy officer for Winding River Consulting, a …



Source link

Related posts

Seek (ASX SEK) posts loss in full-year earnings season report; CEO Ian Narev defends growth fund performance fees despite $300 million loss

D.William

BV Investment Partners Honored for Second Year In a Row By HEC-Paris Dow Jones

D.William

Inside Stephen Curry’s investment portfolio: from bourbon to big tech

D.William

Leave a Comment