Kickstarting the journey to become fully digital-driven for large European private equity fund

Offerings →

AI Strategy

Generative AI

AI Foundations

3i, a global leader in private equity and infrastructure, partnered with Halfspace to accelerate their journey towards becoming a fully digital-driven investment firm.

In Brief →

Challenge

3i, aiming to leverage the potential of digital technologies and AI to empower their strategic ambitions, needed a partner who could help them operationalise and execute on their digital strategy. They sought to drive value by enhancing their operations through cutting-edge technology, with a particular focus on AI and Generative AI (GenAI).

Solution

Halfspace collaborated with 3i to operationalize their strategy and identify the value potential from leveraging GenAI for internal operations. We developed an AI-backed toolbox targeted towards three use cases within document management.

Approach to Artificial intelligence

Together, 3i and Halfspace adopted a "Think Big, Start Small" approach. We built a focused GenAI solution targeting a key pain point to deliver value quickly, while ensuring the solution was a step towards transforming a central business process end-to-end. The delivery was pursued in close collaboration between Halfspace and 3i experts, with continuous business involvement to ensure constant value focus.

Outcomes →

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Bespoke UI encapsulating all three use cases in one tool

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Key use cases handled

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Streamlined platform for information retrieval across documents

Client

→ 3i

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Mei Leung

Operations Director → 3i

Halfspace used their AI expertise to develop a tool that streamlined our operations and boosted efficiency in document management. The engagement has transformed our understanding of AI, with Halfspace as a trusted partner and advisor.

Dive deeper →

A Generative AI-backed toolbox

3i, one of Europe’s leading private equity firms, encountered a challenge in harnessing digital technologies, particularly AI and generative AI, to fulfil their strategic objectives. They required a partner capable of translating their vision into operational improvements, with a particular focus on optimising their day-to-day activities. Halfspace provided the expertise to develop an AI-backed solution designed to enhance 3i’s operations, with a primary emphasis on improving the firm’s document management processes.

Halfspace’s solution comprised three core tools aimed at revolutionising document management. A document summariser enabled the swift condensation of documents and meeting transcripts into clear, customisable summaries. A data extraction tool facilitated the extraction of structured information from unstructured sources, while a contextualised search and Q&A feature allowed users to interact with documents via a dynamic, chat-based interface. These tools, when combined, enhanced 3i’s ability to process and manage critical documents, making their workflow more efficient and intuitive.

The collaboration between 3i and Halfspace had a transformative effect on 3i’s operations. The implementation of these AI-driven tools markedly improved the firm’s document management capabilities, allowing for quicker processing and easier access to essential information. This project represented a significant milestone in 3i’s transition towards becoming a more digitally-driven enterprise and underscored the importance of working with a partner like Halfspace, who not only possessed deep AI expertise but also understood how to convert strategic ambitions into practical, effective solutions.

The transformative power of Artificial Intelligence

Good to keep in mind →

Start with a clear strategic vision

3i's success was rooted in their clear ambition to leverage digital and AI technologies to enhance their operations. Having a well-defined strategic vision is crucial before embarking on any digital transformation journey.

Focus on operationalisation

The approach went beyond just developing a tool; it helped 3i operationalse their strategy. This focus on practical implementation is key to turning strategic ambitions into tangible results.

Choose the right partner

3i's partnership with Halfspace, who has deep AI knowledge and understood how to make solutions operational, was critical to the project's success. When undertaking complex digital transformations, it's essential to work with partners who have both technical expertise and business acumen.