Why AI Slices PE Research Time but Fails at Conviction
RallyDay Partners cut 50 AI use cases to 10. Senior Associate Caroline Carman explains where deal automation works and where it hits a wall.
Parker Gals: Caroline Carman, RallyDay Partners
With Liz Xu, Caroline Carman · Sunday, August 30, 2026
In this episode of the Parker Gals segment, host Liz Xu speaks with former JPMorgan colleague Caroline Carman, Senior Associate at RallyDay Partners. They discuss Carman's path from leveraged finance banking to becoming RallyDay's first associate, the operational leap from associate to senior associate, practical applications and current limits of AI in private equity workflows, and why founder-led lower middle market investing breaks traditional private equity stereotypes.
Key takeaways
- RallyDay Partners partnered with portfolio company Nimble Gravity, a data and AI consultancy, to run an internal AI overhaul scheduled through the end of the year. Read more →
- Caroline Carman moved from debt financing at JPMorgan to become the first associate at RallyDay Partners, later stepping into the senior associate seat. Read more →
2 articles from this episode
From Financial Models to Deal Terms: The PE Senior Associate Leap
Caroline Carman explains why moving from associate to senior associate in private equity means trading spreadsheet perfection for contract negotiations.
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