Craig McGlashan

Concerns over future use-cases in face of AI has led to ‘a number of broken sales processes’, says Sascha Pfeiffer, head of European technology at Houlihan Lokey.

'Our initial investment in 2018 via our small mid-cap fund has been highly successful and we’re delighted that Bridgepoint will be able to continue working with management and provide additional investment for the next stage of growth of PEI,' says Bridgepoint.

While some PE firms buy clubs, others such as Sixth Street are finding other ways to gain exposure.