Private equity teams operate through structured deal processes: target screening, due diligence, investment execution, and post-investment monitoring. Each stage spans scores of documents, multiple team members, and weeks or months of evolving analysis across deals.

Yet until now, most AI tools and generalist vertical AI leaders like ChatGPT have forced teams to work in disconnected chats. The workflow is fragmented: generate insights in an AI chat, manually search SharePoint for documents, cross-reference with DealCloud in another window, and copy-paste outputs into memos. 

Metal Projects is designed to fix the fundamental issues with this pain point

Why We Built Projects: Context Without a Home

When we spoke with PE deal teams about their AI workflows, the frustration was consistent:

"AI is helpful for quick answers, but finding that one insight requires scrolling through  pages of chat history. There's no way to build on prior work."

The core problem is that existing AI tools weren't designed for how deal teams actually operate: PE work builds knowledge over time. It requires shared context. It demands that insights persist and compound, not disappear.

Teams need a workspace that mirrors how they think: organized around deals, research themes, or key initiatives—with all relevant documents, analysis, and team knowledge in one place.

Workspace Designed for How Deal Teams Operate

Metal Projects create dedicated collaborative spaces for each deal, target company, or conference prep. Instead of treating AI as a disconnected Q&A tool, Projects become the central workspace where your team's diligence actually happens.

Organized by Deal Logic
Create Projects for active deals, sector research, or deal archives. Each maintains its own organized context and history.

All Files Live Together
Upload or select CIMs, expert calls, management presentations once. Every team member can work together in that Project space.

Shared Analysis, Unified Intelligence
Ask about a company’s revenue quality via Metal Chat and Metal synthesizes across your CIM, expert calls, and all relevant files simultaneously—understanding your full project context.

Context Persists and Builds
Every question, insight, and analysis stays within the Project. When your analyst flags customer concentration risk, your VP sees it during IC prep. Knowledge compounds instead of resetting.

Use Cases Across the Investment Lifecycle

1. Live Deal Rooms
   Centralize all diligence materials for active opportunities. When your partner asks about margin sustainability, the full context—prior analysis, source documents, team observations—is immediately available.

   
   

2. Thematic Research Libraries
   Build sector-specific intelligence. When you evaluate a new healthcare IT opportunity, decades of accumulated sector knowledge informs your analysis from day one.

   
   

3. Portfolio Company Intelligence
   Maintain dedicated workspaces for each portfolio company with board materials, performance metrics, and strategic initiatives organized chronologically.

   
   

4. IC Preparation & Deal Archives
   Preserve complete deal context so future opportunities in similar sectors benefit from institutional learning.

Institutional Intelligence for Private Markets

Metal Projects represents something more fundamental than a feature addition. It's how institutional intelligence should work in private equity.

Generic AI provides one-off answers. Metal captures every deal, analysis, and decision as institutional memory.

📖 5 min read: Metal Chat vs ChatGPT

When knowledge persists across team members and compounds over time, the pattern recognition that took your best investors decades to develop becomes accessible firm-wide. New hires leverage accumulated wisdom from day one. Diligence quality improves because every deal builds on institutional learning.

This is the infrastructure layer that transforms AI from a productivity tool into a genuine competitive advantage.

Metal Projects is available now for all Metal users. Invite your team. Upload your documents. Start building institutional intelligence that doesn't disappear when the chat ends.

Request a demo