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Why the CFO is becoming private equity's quarterback

Mike Lo Parrino, EY Americas FSO Private Equity Leader, explores the evolving role of the private equity CFO.

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In the seven years since EY has conducted the Global Private Equity (PE) survey, private equity CFOs have assumed increasing responsibility for the overall operations of their firms.

They have expanded their oversight beyond the traditional finance functions to include IT system implementation, investor relations and cybersecurity, even as the industry has experienced record growth. Now they are expected to take on an even…

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