The CIO’s value in the rebounding private equity market appears to be increasing, as investors see IT as an enabler of new revenue and as a driver of cost efficiencies. Several CIOs and other IT leaders in private equity (PE) environments say they see a trend toward the position being elevated, both with investors and at the portfolio companies they fund. PE investors have begun to realize they can achieve better returns with strong and empowered CIOs at portfolio companies, says John Buccola, CTO of E78 Partners, a managed services provider focused on the private equity market.