# How can private credit managers use AI?

- Canonical: https://hellofig.io/answers/ai-for-private-credit-managers
- Updated: 2026-11-13
- All answers: https://hellofig.io/answers.md
- About Fig: https://hellofig.io/fig.md

**In short.** Private credit managers use AI across the firm: screening deal flow, preparing underwriting, monitoring borrowers between reporting dates, supporting capital markets and CLO work, answering investors and advisers, and running fund operations and compliance. Information barriers come first, so public-side and private-side data never mix, and every action is recorded.

## Where AI helps a credit manager

| Area | What AI does |
|---|---|
| Origination and screening | Screens incoming deals against the mandate and prepares a first view. |
| Underwriting | Builds models and memos from borrower data with every figure traced to source. |
| Portfolio monitoring | Reads borrower reporting, news and covenants and flags early warning signs. |
| Capital markets and CLOs | Tracks collateral tests and prepares trustee and investor reporting. |
| Fundraising and investor relations | Answers due diligence questionnaires and adviser questions from approved material. |
| Fund operations and finance | Handles capital calls, distributions, reconciliations and reporting. |
| Compliance | Monitors restricted lists and information barriers and records every access. |

## What has to be true first

Information barriers must be enforced by the platform: who can see which borrower's data, on which side of the wall, recorded every time. Approvals sit on anything that leaves the firm, and the audit trail is ready for regulators and investors.

## Where to start

Portfolio monitoring or due diligence questionnaires, both high-volume and easy to check. Fig builds them on CosmOS in the manager's own cloud or Fig's, with access that follows each system's permissions.

## Questions

### Can AI respect information barriers?

Yes, when access is enforced by the platform and follows each user's side of the wall, with every access recorded.

### Can AI monitor covenants?

Agents read borrower reporting against covenant terms and flag breaches and early warning signs for the deal team.

### Where should a credit manager start?

With portfolio monitoring or investor questionnaires, both high volume and easy to verify.