Pictet Thematic Private Equity Technology
The Technology franchise focuses on global private equity strategies dedicated to the technology sector, investing in top-tier buyout, growth, and venture capital funds as well as direct co-investments. The franchise focuses on high-conviction segments such as enterprise software/AI, fintech, cybersecurity, consumer, and deep tech. It aims to provide diversified exposure to technology companies across all maturity stages and geographies - Europe, North America, and Asia - by partnering with leading managers and leveraging a disciplined due diligence process.
Latest Insights
PTPE Technology
90-sec tech check: AI acceleration
PTPE Technology
90-sec tech check: Enterprises adopt agentic AI
PTPE Technology
90-sec tech check: A new peak for Anthropic
PTPE Technology
90-sec tech check: AI will eat the web
PTPE Technology
90-sec tech check: Running Europe’s space race
In January, the European Union began activating its homegrown secure satellite communications network. This is part of an initiative worth €10.6 billion to create an alternative to the Starlink service owned by SpaceX, and so make Europe more independent in this key strategic area. One of the underlying programmes, IRIS², is expected to be fully operational by 2030 and will serve both private and public-sector clients via almost 300 satellites in multiple orbits.
PTPE Technology
90-sec tech check: public software stocks face questions; private companies may offer answers
Newly released artificial intelligence (AI) coding tools – such as Anthropic’s Claude Code in November and then Cowork this month – have sparked a sharp sell-off in software stocks. While January has brought an acceleration in the downturn, the chart below makes clear that the threat to listed software companies has been evident in market pricing since mid-2025 – a trend perhaps masked by the strength of the mega-caps that dominate the main US equity benchmarks.
PTPE Technology
90-sec tech check: China shows the way for LLM listings
Away from media attention over potential initial public offerings (IPOs) for OpenAI and Anthropic later this year, the world’s first listings of large language models (LLMs) – the neural networks that fuel artificial intelligence (AI) – actually occurred in China this month.
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IPOs, AI and the unicorn proliferation: The themes exciting private equity technology investors for 2026 and beyond
Pictet’s technology thematic private equity team discusses the aspects of the innovation revolution, from AI to IPOs, that are at the top of investors’ minds as we enter 2026.
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Stanislas Chanavat joined the Group in 2020 as a venture capital investment manager. His responsibilities include the selection & monitoring of venture capital investments and the execution of direct investments in the technology sector. Prior to joining, Stanislas spent more than six years investing in the European technology ecosystem, most recently at Forestay Capital in Geneva. Prior to Forestay, Stanislas was an investor at Technology Crossover Ventures (TCV) in London. Stanislas started his career in investment banking at Torch Partners in London, advising technology companies on M&A transactions and fundraisings. He holds an M.Sc. in Finance from Imperial College London.
Chuang is a Principal on the Technology Thematics team and joined Pictet Alternative Advisors in January 2024. He has spent his entire career in the private markets with a focus on new technologies. He’s responsible for managing the Pictet Thematics Private Equity Technology funds, notably by setting the strategy, selecting & managing relationships with VC, growth and buyout funds in addition to the execution of direct co-investments in the technology and AI sector, with a primary focus on US and Asia. Prior to joining Pictet, Chuang spent 4.5 years in Direct Private Equity at CDPQ in Singapore where he participated in the firm’s foray into Growth Equity investments focused on Chinese consumer tech and Indian Enterprise technology. Prior to that, he worked for 2 years at Loyal Valley Capital, a Chinese technology growth equity fund in a Fundraising and Investor Relations capacity. Chuang started his career at KPMG Corporate Finance in Montreal and also worked at Apple as a student. Chuang received a Bachelor of Commerce from McGill University, is a CFA charterholder and is native in French, Chinese and English, in addition to being enthusiast in Spanish.
Nicolas joined Pictet Alternative Advisors SA in 2020 as a private equity investment intern before being hired as a private equity analyst in 2021. Nicolas covers private equity funds, secondary transactions, and co-investment opportunities across strategies and geographies in the field of technology. Prior to joining, Nicolas gained experience in strategy consulting at Estin & Co and Oliver Wyman, and in early-stage venture capital at DN Capital. Nicolas holds an M.Sc. in Financial Economics from the University of Oxford and a BSc. in Economics from the London School of Economics.
