Today, many private equity firms looking to grow their portfolios are running into new pressures in the form of expansion and investor demands.
As a result, many CFOs are now taking on new roles and responsibilities, driving operating excellence while supporting strategic decisions as their firms scale in size. “It is not just about keeping score and reporting numbers, but rather about driving the business forward,” suggests Claude Shaw, global leader of the Private Equity Practice at Egon Zehnder.
So what qualities will the CFOs of the future need to possess? Financial leaders who are equally skilled in communication, collaboration, and operations will be in demand as the landscape of private equity continues to broaden its scope.
Full Story: Fiduciary to Visionary: The Evolving Role of the PE-backed CFO by Fraser Tennant in Financier Worldwide Magazine (May 2018).