Generating AI vs preserving evidence

AI Summaries Are Not Institutional Evidence

Late 2024. A mid-market private equity firm completes a cross-border acquisition using AI-assisted due diligence. Thousands of documents are reviewed, risks are summarised, and the Investment Committee approves the transaction with confidence. Eight months later, a limited partner asks a different question. Not about the investment thesis. Not about the final decision. But about how…

Generated output vs institutional evidence

Generated Output vs Institutional Evidence

A sovereign wealth fund’s operational due diligence team is reviewing a mid-market private equity GP. The GP has invested heavily in AI across diligence, research, document review, and investment analysis.   But the due diligence team is now not asking about the AI tools. They are asking about the governance of the AI tools.  …

startup moving

DataVault moving to DueDash

We want to let you know about an important change: we are shutting down DataVault and moving its functionality, and much more, into DueDash. As of today, DataVault will no longer operate as a standalone platform. Instead, all its features and new capabilities can be accessed directly via DueDash. Why we made this change DataVault…

Non-Human Inventor

Statutory Text, Legal Personhood, and the Non-Human Inventor: Why Formalism Has (So Far) Prevailed

Abstract Can an artificial intelligence (AI) system be an “inventor” under contemporary patent statutes? Across leading jurisdictions, courts and patent offices have converged on “no,” grounding outcomes in textualist readings of inventor provisions that presuppose a natural person. This article analyzes the Full Federal Court of Australia’s reversal in Commissioner of Patents v Thaler FCAFC…

Private Market Unicorns vs Public Stocks: Q2 2025 Performance Battle

Private Market Unicorns vs Public Stocks: Q2 2025 Performance Battle

Dowload full report for free Private market unicorns have bounced back impressively after years of market turbulence. Q2 saw global exit values surge to $114.9 billion, the highest total recorded in nearly three years. This remarkable recovery paints a different picture from 2022’s sharp 37% drop in global deal volume – the steepest percentage decline…

debt & yield war

Navigating the Debt and Yield War: Understanding Today’s Macro Economic Chess Game

As investors, we constantly observe global economic dynamics through multiple lenses, demographics, liquidity, geopolitics, and monetary policy, to forecast and navigate market trends effectively. Today, we’re confronted with a complex scenario best understood as a “debt and yield war,” shaping economic policies and influencing investment strategies worldwide. This intricate interplay of fundamental forces can be…

Leveraging NextGen AI for private capital deal origination: Finding the perfect fit with IDP and IIP

Leveraging NextGen AI for private capital deal origination: Finding the perfect fit with IDP and IIP

Deal origination is a cornerstone of success in private capital, yet traditional approaches – relying on manual research, existing networks, and gut feeling – are becoming inadequate in today’s data-driven world. Enter the potential of NextGen AI: transformative technology that enables firms to precisely identify Ideal Deal Profiles (IDP) and if required also Ideal Investor…

Integrated OS for fund management: automate sourcing, diligence, LP management, and reporting for higher efficiency.

Private Capital Markets 2025 Report

The private capital markets are heading into 2025 with a fascinating mix of challenges and opportunities. As an investor, fund manager, and multi-time founder, I’ve seen firsthand how navigating these complex dynamics requires sharp analytical thinking and an eye for both global trends and regional nuances. For stakeholders in PC, from venture capital and private…

Parul Madan, Founder & CEO of DueDash

Field notes: SVB & banking collapse

What the SVB saga means for fundraising (spoiler: nothing good) In case you haven’t heard, Silicon Valley Bank, the 16th largest bank in the US and the number one bank for venture-backed startups, failed last week. In preparing for this essay, I envisioned a much scarier scenario. While the total disaster was averted, those of…

the future of investing is data-driven

The future of investing is data-driven

The private markets have performed better over the past two decades than the public markets. And LP allocations increasingly go to a large extent to existing GPs with growing fund sizes. As a result of increased dry powder, more funds are competing for deals, leading to higher valuations, and larger deals. Due to this and…