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New “AIC Insights” Webcast Reviews The Evolving Role of Private Equity CFOs

ACON Investments’ CFO Kwame Lewis Shares Insights on the Position

WASHINGTON – The American Investment Council (AIC) released a new “AIC Insights” webcast today, featuring ACON Investments’ Chief Financial Officer Kwame Lewis. The webcast highlights the many responsibilities of middle-market firm CFOs, from overseeing investor relations and HR management to other focus areas for the position.

“The role of private equity firm CFOs has significantly changed in recent years,” said Lewis. “In particular, CFOs are more focused than ever on improved operations, regulatory due diligence, and investor reporting.”

Moderated by AIC Vice President of Public Affairs James Maloney, the webinar examined how the CFO role is likely to change in the future. Lewis envisions better technology infrastructure and further integration with his firm’s deal teams, and he also expects CFOs to be highly involved in investor relations as a go-to source for investment data.

“CFOs are increasingly acting as ‘data analysts’ as we work to provide information to our limited partners,” said Lewis.

Though the webcast focuses on the middle-market, many trends discussed are applicable to the CFO role throughout the industry. Lewis observes that collaboration through the AIC and other organizations has helped develop a CFO community that includes firms of different types and sizes.

View all AIC Insights here.

About the American Investment Council

The American Investment Council (AIC) is an advocacy and resource organization established to develop and provide information about the private investment industry and its contributions to the long-term growth of the U.S. economy and retirement security of American workers. Member firms of the AIC consist of the country’s leading private equity and growth capital firms united by their successful partnerships with limited partners and American businesses. More information about the AIC can be found at www.investmentcouncil.org.