Private Markets are No Longer Opaque: AI, Due Diligence, & the Future of Allocation

In Episode 31 of Whiskey & WealthTech, host Alex Serman sits down with Philipp Hemmersbach, CEO and Co-Founder of Kapnative, to explore how artificial intelligence is reshaping private market investing.

Philipp shares how his experience working with wealth managers, family offices, and private banks revealed a common pain point: private markets are growing rapidly — but due diligence processes remain manual, slow, and opaque.

Kapnative is changing that by deploying AI agents across the entire due diligence lifecycle — from automating DDQs and validating data to financial modeling and investment memo creation — Kapnative reduces processes that once took four weeks down to 10–15 minutes. The result? Analysts spend less time on administrative heavy lifting and more time on value-adding decision-making.

The conversation also dives into broader trends shaping wealth management:

·       Margin pressure from ETFs and commoditized investing

·       The rise of semi-liquid private market structures

·       AI transforming advisor roles from operational to relational

·       The growing importance of data validation and cross-portfolio intelligence