When we asked this year's cohort of standout women in private markets about the most significant trends shaping their asset classes, artificial intelligence was top of mind. In October, PEI Group published its fifth Women of Influence in Private Markets list, celebrating 42 women making their mark across alternative asset classes, including private debt, infrastructure, real estate, private equity and venture capital.

To mark the list's fifth anniversary, we asked the class of 2025 to name the most significant trend impacting their asset class over the last five years, and outline how that trend might develop over the next five years.

The 42 honorees span private debt, infrastructure, real estate, private equity and venture capital, representing diverse perspectives on AI's transformative role across alternative investments. Their insights illuminate how machine learning and data analytics are reshaping deal sourcing, due diligence, and portfolio management strategies.

This fifth-anniversary edition captures a pivotal moment as AI transitions from emerging technology to market imperative, with these industry leaders positioning themselves at the forefront of this digital revolution.