Every private equity conference in 2025 had the same conversation. AI is coming. ai-in-private-equity-2026-what-s-working-—-and-what-s-still-hype AI is going to transform the industry. Firms that don't adopt AI will fall behind. LPs are asking about it. Founders are asking about it. The consensus was clear: something big is happening. What the conference panels were less clear on was what, specifically, is actually working — and what is still theoretical. That distinction mat