AI and Data Foundations: The Next Frontier for Private Markets Alpha

This report by BNY and Stanford’s Research Institute for Long-Term Investing explores how technology—particularly AI—is transforming private market investing, based on a survey of asset owners managing over $1 trillion AUM.

• Alternatives now form a core institutional allocation, projected to reach $29.2 trillion AUM by 2029, but operational complexity remains a key barrier.

• 71% of asset owners have integrated AI into operations, mainly for data extraction and automation, yet challenges persist around fragmented, unstructured data.

• Clean, consolidated data is critical for enabling AI-driven analytics, real-time decision-making, and enhanced risk management.

Explore the full report for a deeper look at how advanced technology and data strategies can unlock alpha in alternative investments.