Private markets run on bandwidth. AI just gave that bandwidth back to investors.

Nicolas Frendo is CFO and Co-founder of Acephalt, an AI platform automating investment due diligence for VCs and family offices. Before Acephalt, he helped founders build the data rooms investors pick apart. Before that, he trained finance AI models at Outlier AI, writing questions the best models in the world would get wrong. He knows exactly where AI breaks in finance. He built a company around what he found.

What we cover:

• Why data rooms are a mess and what investors actually find when they open one
• What AI catches in a day that a 4-person analyst team misses in four weeks
• The exact regulatory line between AI supporting a decision vs. making one (Ontario Securities Commission)
• How to carve a niche that Claude and OpenAI will never bother competing in
• What the next generation of analysts needs before AI makes the manual grind obsolete
• Why Canada’s private market is falling behind and what needs to change

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00:00 Intro
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Follow Nicolas:
LinkedIn: linkedin.com/in/nicolas-frendo
Acephalt: acephalt.com

Follow Attainment Podcast:
David Cyrus on LinkedIn: linkedin.com/in/mdavidcyrus
X: @mdavidcyrus
Website: attainmentlabs.com

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