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e;"></a>=20
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tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
erif;
                                                                font-weight=
: 500; font-size: 20px; line-height: 26px;"> What high-valuation seed round=
s mean for eventual outcomes </span></td>
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                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
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 ">
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                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
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                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>By =
Susan Hu, Quantitative Research Analyst</i><br><br>
                               Paying top dollar to invest in a hot startup=
 at a high valuation has historically been worth it, but the advantages are=
 fading.<br><br>
                               The past few years of muted exit activity an=
d scarce liquidity have compressed deal-level return multiples, particularl=
y for deals occurring near the market peak, according to our <a href=3D"htt=
ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW=
Irf6GFa-2BaqM7ONnvsnswouzVBfFnawXKAZ-2FQ1I46-2F3L-2FSILQECagq8hhKeHYwbYQWYw=
-3D-3DNEbE_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA6=
8NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN=
6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi=
0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT=
2POmtBZRucBQrwp8ijaKyXoDAoVO4IFGXGs5Zkv5-2BDypB7PiMZilaQYQogGyHBlxF76sSXk-2=
BZeIQkSsp1nhSoMvt4Bz-2Fiyruz6UICbatqTGEb1DtHxfcUgtjhfCw5Vf-2FzRZYP6PmRE1bA2=
zIylDsz54ZlKETg4qFaNN6SnU-2FlKWUsiw1xIlHBoOuiJeRQuUJtfPXdBvwVVD6KGsm0csc2qX=
gJ0Rrd3CaM1oSDFV1yJ5U5Gtgv2HH4c0nta5NTawBJinbipIjtIunl1lDMhsZdhAbGW6UucXWIx=
I6z-2FS1ltGL7" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>la=
test analyst note</b></a>.<br><br>
                               Higher entry prices still buy access, but in=
creasingly at the cost of ownership and time. As startups raise additional =
rounds, dilution builds and distributions are delayed, limiting upside pote=
ntial for early investors=E2=80=94especially smaller managers without the c=
apital to defend their stakes.<br><br>
                               Historically, these so-called consensus deal=
s have paid off. Startups in these top-tier rounds fail less often and are =
twice as likely to produce 10x-plus outcomes. Concentrated portfolios have =
had a higher probability of catching the outlier wins that drive venture re=
turns, and fewer sub-1x outcomes.</td>
                              </tr>
                              </tbody>
                              </table>
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cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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ing=3D"0" cellspacing=3D"0" lang=3D"x-image">
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ing=3D"0" cellspacing=3D"0" style=3D"float: none;
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                              <td align=3D"center" style=3D"text-align: cen=
ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVBfFnawXKAZ-2FQ1I46-2F3L-2FSliU=
aCciP-2BQ2mFi-2BgPAT4-2FQ-3D-3DknRM_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQ=
P-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyX=
G4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpW=
jIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0=
AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDWoGh-2BKhBKn7umMyVKnEeGUrd=
YC8zCN8bSqpKlTN52jk-2Bjs-2Bi6bsp4OAnOpejPwbhgnlBrhSPDerPPp45QlTOziu5JwMAFyX=
-2BF2N8Dhto3fM1A8SO7HIAHv0d4hKjofiOog8pE5zRYcjyfGOa4r9C4cy7YyC7w1VSQi1Q-2Fs=
AzkqsPx3tiv7RREVZ6E-2FBWFCbUR8Pa9rdNCZ-2BMo-2Bv9CuKd5g99n5UuEGnm4uP05UKhKPi=
4Tb49kTdKJS1U28iKc-2FiRI2fAnECcYYCtstsYIDZL1" universal=3D"true"> <img alig=
n=3D"center" alt=3D"" src=3D"https://img.pitchbook.com/news/71429.png" styl=
e=3D"border: none; max-width: 420px;">  </a></td>
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                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
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                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
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                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">But wi=
th fewer signals of quality at the seed stage, stronger early traction ofte=
n draws investors toward the same startups. We've seen this with almost eve=
ry hype cycle=E2=80=94AI being the latest example=E2=80=94as competition fo=
r access pushes select rounds to record valuations.<br><br>
                               Today, top-decile seed rounds are priced at =
around $40 million pre-money, roughly three times the market median and fur=
ther raising the hurdle for sustaining historical returns. And as exit time=
lines stretch, longer holding periods are eroding the payoff that has made =
consensus rounds worth the premium.<br><br>
                               For portfolios concentrated in these high-va=
luation seed rounds, the shift is evident: Simulated outcomes show 75th per=
centile return multiples falling from 7.7x to 3.8x for the more recent entr=
y-year cohort.<br><br>
                               With consensus rounds commanding record pric=
ing, the question is whether investors are still paying for quality or simp=
ly paying into the AI-driven hype.</td>
                              </tr>
                              </tbody>
                              </table>
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cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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" universal=3D"true">Access the expert analysis<img height=3D"24" src=3D"ht=
tps://fonts.pitchbook.com/newsletter/arrow-right.png" style=3D"vertical-ali=
gn: middle; margin-left: 8px;" width=3D"24"> </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 25px; line-height: 25px;=
">&nbsp;</td>
                              </tr>
                              </tbody>
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                              </tr>
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                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                        <tr>
                         <td colspan=3D"2" style=3D"padding: 0 20px;">
                          <table class=3D"                " lang=3D"x-news-=
group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid=
th: 100%; min-width: 100%;    =20
">
                           <tbody>
                            <tr>
                             <td style=3D"padding-bottom: 25px;">
                              <table class=3D"" cellpadding=3D"0" cellspaci=
ng=3D"0" style=3D"width: 100%; min-width: 100%;
                                                                           =
                                                         border-bottom: 1px=
 solid #C3C3C3;
                                                                           =
                                                 ">
                              <tbody>
                              <tr>
                              <td style=3D"padding: 1px 0 0 0; line-height:=
 0;"></td>
                              </tr>
                              </tbody>
                              </table></td>
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                        </tr>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
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                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel=
ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVBfFnawXKAZ-2F=
Q1I46-2F3L-2FSvaKbQ2UscxKf7sCm2nYZ6g-3D-3Dg1Cf_Pr966knuaHmaw6c7pKvB-2BCEiDn=
j5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXx=
A4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt4=
6H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnU=
AWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoBGJKVSdJUqDqDlQz=
75umAKxq7Vlh4JJZ5nfpZx2U7FD0GzRuMrJHR3-2FSU3ra7mGEUKxBEhlBG6ai9VE3NjCQEB1yy=
iq-2BvCpbOV9kVDLfi-2B4wMT18usBz5t8EGaEAWbGKmRTiRUlF-2FHYRlPEL6IcsEBTp71zjr4=
8IVezCa39ujX-2B2qrd5qhB6M6HGeyt2KkD5sZLv6vrchRZW8RwkwcCnM-2BLDIZKGOHqaCOwwN=
4eU2CopP7jECqMPcFlnF4HHLR4IRcGbVprqwqTYZEnT-2Bb1LYI" style=3D"color: #1D508=
0;" test=3D"" universal=3D"true">Q3 2025 US VC Valuations and Returns Repor=
t</a></b></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
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                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>A message from Apogem Capital, a New York Life Investmen=
ts company</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574572" id=3D"n_574572" style=3D"font-size: 0; text-decoration: non=
e;"></a>=20
                          <table lang=3D"x-news-group-title" cellpadding=3D=
"0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;=
">
                           <tbody>
                            <tr>
                             <td><span class=3D"outlook-caption-override" s=
tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
erif;
                                                                font-weight=
: 500; font-size: 20px; line-height: 26px;"> Time-Tested Private Credit: Le=
ssons from 25 Years of Direct Lending </span></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
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                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">
                              <table align=3D"right" border=3D"0" cellpaddi=
ng=3D"0" cellspacing=3D"0" lang=3D"x-image">
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                              <td align=3D"right">
                              <table align=3D"right" border=3D"0" cellpaddi=
ng=3D"0" cellspacing=3D"0" style=3D"float: none;
 padding-left: 15px; ">
                              <tbody>
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                              <td align=3D"right" style=3D"text-align: righ=
t"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B=
rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVBfFnawXKAZ-2FQ1I46-2F3L-2FSvDwepHU5q=
0-2BnMDqtVRDPDg-3D-3DdP_B_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7=
zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gG=
S1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrT=
KdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDWVfJkaa9RxmWNWW6WVGvHLexTPwmJuxWMtvw=
aZ2TTDF0PYhKrs-2FA0xhlN5ds2VqrswddLB-2FDG6edrslwVS-2F9yS5zj4eY3u7qxnikanaMR=
GHIh6E39X6hbn69yNVdGRNE6q11Z6oXnh6tiDQDOYcS4Cwz28xCphtRRxxvhFuyR6adKIj0CMg4=
LB2o6ccXjxrJULvXAlB8GjuD0KDpVZq5AiDJWNh0U5lVTjc1fC3sZHkmR-2F3hOeeMVj4zDM-2B=
Q2KYPzKPrOAJcMft9-2FMLHuJ9gO"> <img align=3D"center" alt=3D"" src=3D"https:=
//img.pitchbook.com/news/71317.jpg" style=3D"border: none; max-width: 420px=
;">  </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table>Apogem Capital is among the longest-t=
enured direct lenders in the United States, with experience spanning the ea=
rly 2000s, the global financial crisis, and today=E2=80=99s evolving privat=
e credit landscape. Across 4,000 transactions and 25 years of investing, Ap=
ogem has developed a disciplined approach rooted in rigorous underwriting, =
deep sector specialization, and proactive risk management.<br><br>
                               In this installment of Apogem=E2=80=99s <a h=
ref=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuyl=
w7SpSWIrf6GFa-2BaqM7ONnvsnswouzVBfFnawXKAZ-2FQ1I46-2F3L-2FSvDwepHU5q0-2BnMD=
qtVRDPDg-3D-3Do8H1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbM=
cVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQu=
A6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJa=
sqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2=
BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDcvE7cvjQA2ZUSkcMkFe8VJk1BsM8m-2FL-2FKSqYjNe=
wb95m7gziso0xGfX3p6-2FdtwP0FU-2FhyMuQRH9owIxHLbh-2BZSR9VOCp98r6sb6fTw9ltx7W=
1hSHQscHLivMHNrhx4armhaEy0Bc1GWAqTPUe-2B-2BD1GuQwVs7qgVsA4iQAZP3NoxAPTK4Wfr=
PxcnW3ZSpuRUHyQmV2l3bQGuoZW4oyv6WRksHgc6OODw-2B4jmWUG4c6lfY-2FH9A2e3pxL0y4L=
L9d2U4QfbGBnNWE6vnw0VlYVJJd" style=3D"color: #1D5080;" test=3D"">Private Ma=
rkets Insights series</a>, investment leaders share practical lessons for i=
nstitutional investors navigating today=E2=80=99s market conditions, from m=
aintaining portfolio resilience through changing cycles to how sector-focus=
ed expertise helps identify opportunities and mitigate risks in the middle =
and lower middle market.<br><br><a href=3D"https://url6380.news.pitchbook.c=
om/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVBfFnawX=
KAZ-2FQ1I46-2F3L-2FSvDwepHU5q0-2BnMDqtVRDPDg-3D-3DynsN_Pr966knuaHmaw6c7pKvB=
-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-=
2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT=
3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2B=
b0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCuhiJSGt=
FeltQOBYMmJ2NHvylgPdmeBvUxgzdV3zS1xN1yXBl8xbOY3q-2Bkq9ArPqyd8JxPyqld87JAkof=
FefEct1-2B0hzE3vVEi6pOy-2BaJfyI1nLe5FSHbP-2F7i6ah0GgXMvTuJHJWp4q21WJ9hDEGZo=
2NsST3rXXm5vKzCvkBm9twIWWqKZHTnzScoL-2F-2BymDkKrKm25fZeT9X5mJ6S4yFErc6T7beE=
-2FapQKKSHShTFmFRoCOZoRInHIdzr1ZfZSpE1eM4K9mTYsYWLIwmSiH5r4" style=3D"color=
: #1D5080;" test=3D"">Explore the full insights.</a><br><small>For institut=
ional use only. Not intended for the public.</small></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Catch Up Quick</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=E2=80=
=A2 <b>Jeff Bezos is reportedly a co-founder again</b>. The New York Times =
said his latest venture, a physical AI startup called Project Prometheus, h=
as raised $6.2 billion, which would make it one of the most well-funded ear=
ly-stage AI startups. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVBfFnawXKAZ-2F=
Q1I46-2F3L-2FSX4Y26umxSPAoB8Tmg6zneQ-3D-3DfVuP_Pr966knuaHmaw6c7pKvB-2BCEiDn=
j5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXx=
A4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt4=
6H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnU=
AWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCoNoy6FCm9XhM5fR=
cfv3SCAEo1raf2W4MsgFsJap-2F-2Bob2BnUyEr5PWbEMYMu5C29NyfCCYW4ArKCtVnglLfdong=
n7KTLUU0elcGjo41G0237WrsyYtuf01vBbcvt0hP6c5HsdqRBsnuW4q8rgjlTfmLFLw-2Fe5zlM=
yXk6dHPaPWxr0C0XZHhcasVyOlKsxQ96qG0r9IB6r9nOdnvriTdJiQ4EPmpG-2F-2FkvfZ5n0kj=
EhLyIqV8-2BDCFYaocuoGwgLZnistYulRh-2Fa-2BTcppnII06a-2Bk" style=3D"color: #1=
D5080;" test=3D"" universal=3D"true"><b>Read more</b></a><br><br>
                               =E2=80=A2 <b>Startups focusing on animals an=
d robots are bucking an overall slowdown</b> in VC funding for the agtech s=
ector, according to our latest Emerging Tech Research. <a href=3D"https://u=
rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF=
a-2BaqM7ONnvsnswouzVBfFnawXKAZ-2FQ1I46-2F3L-2FS8-2FHHYiXWrw8DaAo8P3ptvA-3D-=
3Dy-4w_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR=
LE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1=
-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVY=
MV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POm=
tBZRucBQrwp8ijaKyXoCAxg2ls-2BNWG-2BOh13HaXxAO4VMkxA8VJU-2FxpYwB2kzqzZo00WYG=
HIlLx02M0ukJy09z765cZwIY2c47x5hdG2bQBaonI1STdKzE08eTw5cBSAIXPxiq83XpWwHk09-=
2BBGjoPtVapVapRC8dNcihPiYPVvIQrzV0GkeJkrmLg4PQDMSY7tL-2FirXC-2BwkB8T9ZiYleV=
sOgZHBI88JS5FdDPkozGByuVsSouLaWmw8CKPbJOvSXqRH-2B4oH5pMDxGbg2q7NIqkUgs3KLE6=
WenWBOGq4Ct" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>See =
what else our analysts discovered</b></a><br><br>
                               =E2=80=A2 <b>Clayton, Dubilier &amp; Rice ha=
s agreed to a $10.3 billion take-private</b> of packaging company Sealed Ai=
r, underscoring PE's renewed appetite for large take-privates as credit con=
ditions improve. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click=
?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXKeNY-2FW5GD4wSbq-2=
B-2FfoYEaFZLPrTSU3vGYPeBuaOkxww-3D-3Dy6wZ_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uwl=
JYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGn=
PKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJ=
QcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBS=
qFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoAT-2FhMDoM1zWRCu-2FTJ=
XwzSRbtadIoUWaNhW4pEzkfgYyMAV0htz-2FN7LheJwMrCneocCBGFf35WIjZHnw2q3S5BA21ZU=
ooEcKKkc-2FJ4eNHAlJj1W-2BTJ0PctumsuFdlPxnsb53-2FfSE41K05c6ns3RMrOzV8xJiRhku=
UKiy6FmYvIIs46HBvRb4qOXysQqxu-2BkK9e9OqjDKK8BCsZVtuFoLWS-2FbAJdTbGo96pspsXy=
hBi4N9tXm1r9MLXiuqbwRoLRMq-2BJl0cu8Sjo-2BfD942lUXRIY" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true"><b>Find out more</b></a><br><br>
                               =E2=80=A2 <b>The launch of the Morgan Stanle=
y Private Markets ELTIF</b> marks the latest move by a major asset manager =
to tap retail demand for private market exposure under new EU rules. <a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXKeNY-2FW5GD4wSbq-2B-2FfoYEaSDp28cIazpZDI4=
S1IMzfEA-3D-3Dgfq6_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbM=
cVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQu=
A6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJa=
sqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2=
BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCaWZdRPXdb4YBUKapvDvX8pzEEvVHUa5SSxP8oOAALDE=
sxeN4P9wT6X-2Fu61qnUcn7txpgg5SvBTBB9CComhAjEA3aNDHpr5A5NK06qNFcdP6dVbwmiCzs=
JYAxvfTxYw7r6hWOd1eqOshJoNEgS-2Bi7M8UABUlqgDZW5MQx2NA2XhdDq8b-2F-2FBoq-2BGw=
q-2BW5zYurAgGa8SWFpB5dKYj0O-2BznnwN2qGr5P89pvrxqcak7ej9rGt0agLyFt7j-2F40rjK=
Vz7A-2BU9ryvln8tlplDvo-2Fj6d1" style=3D"color: #1D5080;" test=3D"" universa=
l=3D"true"><b>Read more</b></a></td>
                              </tr>
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                           </tbody>
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                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
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                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574765" id=3D"n_574765" style=3D"font-size: 0; text-decoration: non=
e;"></a>=20
                          <table lang=3D"x-news-group-title" cellpadding=3D=
"0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;=
">
                           <tbody>
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                             <td><span class=3D"outlook-caption-override" s=
tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
erif;
                                                                font-weight=
: 500; font-size: 20px; line-height: 26px;"> East Rock seeds small-cap seco=
ndaries shop Mirror </span></td>
                            </tr>
                           </tbody>
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                        </tr>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
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cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100=
%;">
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ing=3D"0" cellspacing=3D"0" lang=3D"x-image">
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ing=3D"0" cellspacing=3D"0" style=3D"float: none;
 ">
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                              <td align=3D"center" style=3D"text-align: cen=
ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXKeNY-2FW5GD4wSbq-2B-2FfoYEaQOP=
3e819HygU8Y3rupo5hA-3D-3DDwPo_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR=
4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4Bgph=
XzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHw=
R2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbq=
BWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoD1oI1zBIhKfzNQlSS5p9XqOZlOGnh8ZPJ=
l-2B-2BB-2FIxany3nsP39Yz63yMS7Q-2Fq6Z60LQqN9UjjA1fv0MzOzKyuuVMKbkyG61-2FFj-=
2FlOds-2FCm3Z4XxGh5VlwP4-2BoRcq0xOkCxhPYjqcPHf5DRXkUmm50JjzPi1qAfmCGirJlFr-=
2BOnAu0vzobSNQ6GBcZ2oI4-2BuyTzXeJj9UPH8jYhXGUeKHTmjTJ2AHLrXsH5KirS-2Fsn5lJW=
Qt1ud1JPJzRMXddPgKcKj3mF9kjOzMYJxyQKK1rYJp" universal=3D"true"> <img align=
=3D"center" alt=3D"" src=3D"https://img.pitchbook.com/news/71433.png" style=
=3D"border: none; max-width: 420px;">  </a></td>
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                              <td align=3D"right" style=3D"padding-bottom: =
8px; font-family: Roboto, Arial, sans-serif; font-size: 10px; line-height: =
27px; color: #78766F; text-align: right; font-weight: 300">(Jenna O'Malley/=
PitchBook News)</td>
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                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>By =
Rod James, Private Equity Senior Editor</i><br><br>
                               East Rock Capital, which manages over $4 bil=
lion in assets on behalf of wealthy families, has thrown its weight behind =
an emerging investment firm focused on small-cap secondary deals, a part of=
 the market where there are lots of sellers but few buyers.<br><br>
                               The New York-based multifamily office has ma=
de a seed investment in Mirror Partners, which acquires fund positions with=
 a total value of less than $10 million, according to a statement from Conn=
ecticut-based Mirror.<br><br>
                               "The small secondary market remains one of t=
he most overlooked and fragmented areas of private equity," said Thomas Mel=
ly, founder and managing partner of Mirror, adding that the firm aims to ta=
ke advantage of the "structural inefficiency" caused by so many secondary b=
uyers outgrowing this part of the market.<br><br>
                               Mirror has already agreed to 24 deals out of=
 a pipeline of more than 950 opportunities, giving an indication as to the =
supply-demand imbalance in the trade of smaller fund positions.<br><br>
                               Mirror will primarily look to acquire stakes=
 in North American buyout funds, with a smaller allocation to European buyo=
ut, private credit and VC vehicles.<br><br>
                               The secondary market has grown rapidly over =
the past five years, in line with the increasing liquidity constraints face=
d by private market investors. More LPs are selling fund stakes to free up =
cash for reinvestment elsewhere in their portfolios, including an influx of=
 first-time sellers.<br><br>
                               This desire for liquidity is becoming more p=
ressing due to a still underwhelming market for company exits. There were 5=
,306 private market exits through early November this year, compared to 6,8=
96 in all of 2024, according to PitchBook data.<br><br>
                               A record $162 billion of secondary deals clo=
sed in 2024, and numbers for the first half of 2025 suggest another record =
year is likely. There were $103 billion of secondary deals in the first hal=
f of 2025=E2=80=94$56 billion of which were LP-led secondary deals, where i=
nstitutional investors sell individual or multiple fund stakes.<br><br>
                               The GP-led market, which entails fund manage=
rs running processes through which all investors in a fund or asset can tap=
 liquidity at once, is also seeing record activity.</td>
                              </tr>
                              </tbody>
                              </table>
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cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel=
ated article:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/c=
lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXKeNY-2FW5GD4wS=
bq-2B-2FfoYEa6a1-2BUPDOzGEDSWAoZtTipQ-3D-3D5oDq_Pr966knuaHmaw6c7pKvB-2BCEiD=
nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlX=
xA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt=
46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPn=
UAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoChnYP5k2K021Jo8=
iVXwkGORzpTrgYLZyGLB7uhore8V3l7UEQTpQPohcGhGQZrM-2F1lqfOSDKMSQJNmNWk2FI4TWs=
9GN0QgNL5cHuAhbF-2FkrCqmUH-2FuoEm7rk-2F2w8Tiyy8Tll00rzRgEl1TS5H07CCTry8EVbv=
1PsX9j-2FR-2BMMn7dBjDJ-2BH61oayM4elZFYvj0QkFAsKyFGaRmXps5Nn6LzL8U6znrwunMp-=
2BfYPhJ6-2FxMX6cYtPpzfl39LuFxKh3L6GpwNJgSuCM7GZZl6Nsa5go" style=3D"color: #=
1D5080;" test=3D"" universal=3D"true">LP secondaries soar with influx of fi=
rst-time sellers</a></b></td>
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ight: 6px; padding: 0; " colspan=3D"2"></td>
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nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Side Letters</span></td>
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                          <table lang=3D"x-content-area" cellpadding=3D"0" =
cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 100%;
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                              <table lang=3D"x-content-area-main" cellpaddi=
ng=3D"0" cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 10=
0%">
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dding-bottom: 20px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;"><i>Smart reads that c=
aught our eye.</i> <br><br>
                               =E2=80=A2 <b>Job scams online and over text =
message have cost Americans $300 million this year.</b> FTC data shows repo=
rts of such scams have spiked over the last five years, and that scammers h=
ave taken advantage of a weak labor market in 2025. [<a test style=3D"color=
: #1D5080;" href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXKeNY-2FW5GD4wSbq-2B-2FfoYEaY-2=
Bvh7LbcU-2BcWtIzeJIjZSQ-3D-3D43Rk_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-=
2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4=
BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjI=
XDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0Aw=
OwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoAvGgWNF6E0b-2FK47mt2FGhqxDBbG=
YEjXZWpumwLo5PGsa6RcFe3htyqixtczD-2BDMnISwdXilOB1yWX9-2FjiBu38VD5UOd-2BRf4C=
Sjj5VVAjCRbvkBmWoFoZuGUnegc0f79Ns6d3x3fJJAuePC6sVaxFxhogZgGLGHAfdi-2B1hW8ow=
AxlxX8cgCbaTJOv1ttPTpE5-2FufqTcRMpoV2F1N9pEJJcc0Kpaz5MNwqGO4zjrprt0VCcQBhpc=
GUohEbKnT8lYpowrtw74qEs2gA1AQPIuFwuf">Fortune</a>] <br><br>
                               =E2=80=A2 <b>US grocery stores are stocking =
more private-label products, reflecting a struggling economy.</b> Following=
 European brands like Aldi and Lidl, US stores like Walmart and Trader Joe'=
s are filling shelves with more affordable groceries bearing their own or a=
 generic label. [<a test style=3D"color: #1D5080;" href=3D"https://url6380.=
news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn=
vsnswouzXKeNY-2FW5GD4wSbq-2B-2FfoYEa-2FeI9tN5EwHCja5TG6VFc8g-3D-3DdRU7_Pr96=
6knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfx=
vl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2Bv=
vH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZ=
RkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp=
8ijaKyXoA5cvv422mc-2F6hZm0LScFtaqkXniIs77GON3T77AXAW8Z9rISLE8MG9QuzMroBrCnb=
FYIq7jboOB1e-2BdmNfQqtlAtxlNHsWIZtjy81YeL-2BrY3bKQmb72uVTjqXnBD4sBvEBzDyX3z=
IV-2BeQeBwqHIrb-2BVUCDbXrZc7xPuIaslUx7eyBQGpyPDw9Az-2F8wy-2BL-2FBat4-2BPrq1=
ur66Q8o7x4-2B1-2BokrimW4eUjjDp-2FthlCQqzSQkaCYxYvR5jJIMbUlsUxA-2F6fRuMYUL6D=
EFAX55ObRr-2FZ">The Financial Times</a>] <br><br>
                               =E2=80=A2 <b>South Korea's Pinkfong rode "Ba=
by Shark" to an IPO.</b> The entertainment company is debuting on the Kosda=
q exchange today, capitalizing on the viral success of the song. [<a test s=
tyle=3D"color: #1D5080;" href=3D"https://url6380.news.pitchbook.com/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXKeNY-2FW5GD4wSbq-=
2B-2FfoYEaixajIYWeUHnTbfCZZW-2FqFA-3D-3DZnAi_Pr966knuaHmaw6c7pKvB-2BCEiDnj5=
UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4=
nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H=
2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAW=
lBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoD0otZYXbiYv7K6Ignm=
Ev2QnRrhWkJAAktxl-2BCl75qh8c0YYX8e0OBI9BIbTICuyhXIztylfnOdy53c0ihP-2FTR47GL=
ozmKAEzH8RoKEDDo1deyoVjmrahmRTm2t05ffQ3yx4kYO5LiaaaRUPKlrjtap5JEDhM0TboLgeU=
F0jZaM11gC8z99PkpC3mZwkQO0bhN8229NMb9pjvH1KMxBAPhrBMUGghrE0MpPnpv8SB-2BK8av=
MpPweQfKej8Tv1h7MwsK5naFkubWRZ23IeiegcIgR">Bloomberg</a>]</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table class=3D"                " cellpadding=3D"0" cells=
pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%;    =20
">
                   <tbody>
                    <tr>
                     <td lang=3D"x-advertisement" style=3D"padding-bottom: =
20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht=
tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzXKeNY-2FW5GD4wSbq-2B-2FfoYEaejau2ufA3WzmvDdaOsyKmg-3D=
-3DkaRl_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NV=
RLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH=
1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vV=
YMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2PO=
mtBZRucBQrwp8ijaKyXoAw7uYYG-2Fcegwt-2FwVWGo0SEEF2OgR6u2U23P783-2FP4ZsidMCCs=
j29IJsDcdAJGI6l-2F5Q82JPJQ6s0MlM-2BMYlDwK1VJUZ2EzjxfkgEDcRQUy5KTF41H8kNUS6J=
VcqK-2B5-2ByH9O8J6l-2FcNPb6awGK7RTigeYTVuOlHpSZIUjghSoK2C7fMxiIqEH-2FBMqH5-=
2F-2BcB8RopBcL9HWKtE3SD-2F8qAWnaNim9nJj8qiSrYdCG0GeYS0rGgbKZl-2Fc-2BH45tQBT=
kswl7QLuvdc0BTsvLRsOENLKnQ"><img width=3D"460" src=3D"https://img.pitchbook=
.com/ads/ad4363/460x120_pitchbook-banner-ad_nov25.jpg" alt=3D"Ads" style=3D=
"padding: 0px; margin: 0px; border: 0px; display: block;"></a></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td>
                  <table lang=3D"x-counts" cellpadding=3D"0" cellspacing=3D=
"0" border=3D"0" width=3D"100%" style=3D"background-color: #051C38;  min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"width: 20px; min-width: 20px;"></td>
                     <td style=3D"padding: 10px 0 5px; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-counts-title" cellpadding=3D"0" cell=
spacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td align=3D"center" style=3D"font-family: Roboto,=
 Arial, sans-serif; font-weight: 700;
                                        font-size: 14px; line-height: 27px;=
 color: white; padding: 26px 57.2px 37.3px 57.2px; white-space: nowrap;">Si=
nce yesterday, the PitchBook Platform added:</td>
                        </tr>
                        <tr>
                         <td>
                          <table lang=3D"x-counts-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%; t=
able-layout: fixed;">
                           <tbody>
                            <tr>
                             <td style=3D"display: inline-block; width: 24%=
; min-width: 24%;
                                                    text-align: center; flo=
at: left;">
                              <div class=3D"outlook-caption-override" style=
=3D"float: none; font-family: Roboto, Arial, sans-serif;
                                                    color: white; font-weig=
ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;">
                              817
                              </div>
                              <div class=3D"count-type" style=3D"float: non=
e; font-family: Roboto, Arial, sans-serif;
                                                         color: white; font=
-size: 12px; line-height: 24px;
                                                         padding: 2px 8px 0=
 8px; -webkit-text-size-adjust: 100%;">
                              Deals
                              </div></td>
                             <td style=3D"display: inline-block; min-width:=
 24%;
                                                    width: 24%; text-align:=
 center; float: left;">
                              <div class=3D"outlook-caption-override" style=
=3D"float: none; font-family: Roboto, Arial, sans-serif;
                                                    color: white; font-weig=
ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;">
                              2281
                              </div>
                              <div class=3D"count-type" style=3D"float: non=
e; font-family: Roboto, Arial, sans-serif;
                                                         color: white; font=
-size: 12px; line-height: 24px;
                                                         padding: 2px 8px 0=
 8px; -webkit-text-size-adjust: 100%;">
                              People
                              </div></td>
                             <td style=3D"display: inline-block; width: 24%=
;
                                                    min-width: 24%; text-al=
ign: center; float: left;">
                              <div class=3D"outlook-caption-override" style=
=3D"float: none; font-family: Roboto, Arial, sans-serif;
                                                    color: white; font-weig=
ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;">
                              831
                              </div>
                              <div class=3D"count-type" style=3D"float: non=
e; font-family: Roboto, Arial, sans-serif;
                                                         color: white; font=
-size: 12px; line-height: 24px;
                                                         padding: 2px 8px 0=
 8px; -webkit-text-size-adjust: 100%;">
                              Companies
                              </div></td>
                             <td style=3D"display: inline-block; width: 23%=
;
                                                    min-width: 23%; text-al=
ign: center; float: left;">
                              <div class=3D"outlook-caption-override" style=
=3D"float: none; font-family: Roboto, Arial, sans-serif;
                                                    color: white; font-weig=
ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;">
                              24
                              </div>
                              <div class=3D"count-type" style=3D"float: non=
e; font-family: Roboto, Arial, sans-serif;
                                                         color: white; font=
-size: 12px; line-height: 24px;
                                                         padding: 2px 8px 0=
 8px; -webkit-text-size-adjust: 100%;">
                              Funds
                              </div></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td>
                          <table lang=3D"x-counts-btn" cellpadding=3D"0" ce=
llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                           <tbody>
                            <tr>
                             <td style=3D"height: 25px; line-height: 25px;"=
></td>
                            </tr>
                            <tr>
                             <td align=3D"center" style=3D"padding: 0 133px=
 13.3px 133px;"><!--[if mso]>
                                                <v:roundrect xmlns:v=3D"urn=
:schemas-microsoft-com:vml"
                                                             xmlns:w=3D"urn=
:schemas-microsoft-com:office:word" href=3D"https://pitchbook.com/products/=
platform"
                                                             style=3D"heigh=
t:43px;v-text-anchor:middle;width:148px;"
                                                             arcsize=3D"50%=
"
                                                             strokecolor=3D=
"#F79B3E"
                                                             fillcolor=3D"#=
F79B3E">
                                                    <w:anchorlock/>
                                                    <center style=3D"color:=
#000000;
                                                                  font-fami=
ly:Roboto, Arial, sans-serif;
                                                                  font-size=
:12px;">
                                                        Request a free tria=
l
                                                    </center>
                                                </v:roundrect>
                                                <![endif]-->  <a href=3D"ht=
tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzXKeNY-2FW5GD4wSbq-2B-2FfoYEa-2BPFhcnc7T5yxkOoS0EmFNA-=
3D-3D-Zn5_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68=
NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6=
BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0=
vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2=
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1MHxDFzBITAKBIVlnoWSeHjQ0rcZu-2F9H0-2BgIyofY8CXv0pkuahh87c-2B9pQuGCj75p7mab=
sBGynJVAmBaYOr2TdrL7SAC1Lz9yJprvOr7XyV9eHXfrTZyc9RkxrHEGY0-2BoOctBMUMbdHE8Z=
3hqx7bojQNmqF6mEgYp-2BBLMJ2zr8akAcR7Q9hchos7nUzeTwORyb7tNuOMFnfXHm2Lx1Ohf61=
xoWYItuTTP" target=3D"_blank" style=3D"display: block;
                                                          font-family: Robo=
to, Arial, sans-serif;
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                                                          color: #000000;
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none;
                                                          line-height: 24px=
;
                                                          text-align: cente=
r;
                                                          padding: 9.5px 21=
.5px;
                                                          border-radius: 99=
9px;
                                                          background-color:=
 #F79B3E;"> Request a free trial </a> </td>
                            </tr>
                            <tr>
                             <td style=3D"height: 25px; line-height: 25px;"=
></td>
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                           </tbody>
                          </table></td>
                        </tr>
                       </tbody>
                      </table></td>
                     <td style=3D"width: 20px; min-width: 20px;"></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td height=3D"20" style=3D"line-height: 20px;">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574764" id=3D"n_574764" style=3D"font-size: 0; text-decoration: non=
e;"></a>=20
                          <table lang=3D"x-news-group-title" cellpadding=3D=
"0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;=
">
                           <tbody>
                            <tr>
                             <td><span class=3D"outlook-caption-override" s=
tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
erif;
                                                                font-weight=
: 500; font-size: 20px; line-height: 26px;"> The Daily Benchmark: 2022 Vint=
age European PE Funds </span></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table cellpadding=3D"0" cellspacing=3D"0" lang=
=3D"x-benchmark" style=3D"font-size: 16px; color: #78766F; padding-bottom: =
10px; min-width: 100%;" width=3D"100%">
                           <tbody>
                            <tr>
                             <td style=3D"font-size: 16px; font-weight: 700=
; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1=
0px;">Median IRR</td>
                            </tr>
                            <tr>
                             <td style=3D"padding: 0 0 20px 0;">
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 72.6457399103139%; min=
-width: 72.6457399103139%; max-width: 72.6457399103139%; background-color: =
#1D5080;">
                              <tbody>
                              <tr>
                              <td align=3D"right" style=3D"padding: 0 4px 0=
 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,=
 sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">8.10%</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                            <tr>
                             <td style=3D"font-size: 16px; font-weight: 700=
; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1=
0px;">Top Quartile IRR&nbsp;</td>
                            </tr>
                            <tr>
                             <td style=3D"padding: 0 0 12px 0;">
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 100%; min-width: 100%;=
 max-width: 100%; background-color: #40C2C9;">
                              <tbody>
                              <tr>
                              <td align=3D"right" style=3D"padding: 0 4px 0=
 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,=
 sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">11.15%</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-cash-multiples" style=3D"min-width: 100%; table-layout=
: fixed;" width=3D"100%">
                              <tbody>
                              <tr>
                              <td align=3D"center" valign=3D"middle">
                              <div style=3D"font-family: Roboto, Arial, san=
s-serif; font-weight: 700; color: #1D5080; font-size: 18px; line-height: 27=
px; padding-top: 5px; padding-bottom: 5px; float: none;">
                              0.00x
                              </div>
                              <div style=3D"font-family: Roboto, Arial, san=
s-serif; color: #000000; font-size: 16px; font-weight: 24px; padding: 0 0 3=
0px 0; float: none;">
                              Median DPI
                              </div></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-performers" style=3D"min-width: 100%;" width=3D"100%">
                              <tbody>
                              <tr>
                              <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" class=3D"performer-title" lang=3D"x-performer-title" style=3D"co=
lor: #000000; min-width: 100%;" width=3D"100%">
                              <tbody>
                              <tr>
                              <td height=3D"22" style=3D"padding: 0 10px 0 =
5px; line-height: 24px; font-size: 14px; font-weight: 700;
 font-family: Roboto, Arial, sans-serif;" width=3D"80%">Select top performe=
rs</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              <tr>
                              <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" class=3D"performer-content" lang=3D"x-performer-content" style=
=3D"min-width: 100%; font-size: 14px; line-height: 24px; color: #1D5080;" w=
idth=3D"100%">
                              <tbody>
                              <tr>
                              <td height=3D"22" style=3D"padding: 15px 10px=
 0 5px;" valign=3D"middle" width=3D"80%"><a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzXKeNY-2FW5GD4wSbq-2B-2FfoYEaT10diOYg4r8Or04NY9A4EQ-3D-3DpPdV_Pr966knua=
Hmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DI=
TfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vG=
JZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjS=
uaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaK=
yXoBg5yAZhnVOAGDzBKX1kQWvlTMikWVcicIferW8JDvjVBYWH8o1J44wBIPYsd3UQEaNrDiHaR=
6ExMiH68guBqUrxHIshACd85-2BsSe5UiDVOd3EaWov8g-2B5DmUD4rzd-2BEBGprXFyvbe3MnY=
YAA9TGod8Ntu2f9tKdVKfxBLXA7ewm7ZHBVPDKB68mnm-2FPTv3YLWH6xl50zkB1dvitZvirlmT=
Ps60FXO60Laa-2FzeKOvLu0tJjDtqiWBbRrqSF4hrn5uhCPOoo97elMCmBQ4mJyZI4" style=
=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D"true"=
>Bridgepoint Europe VII </a></td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              <tr>
                              <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" class=3D"performer-content" lang=3D"x-performer-content" style=
=3D"min-width: 100%; font-size: 14px; line-height: 24px; color: #1D5080;" w=
idth=3D"100%">
                              <tbody>
                              <tr>
                              <td height=3D"22" style=3D"padding: 15px 10px=
 0 5px;" valign=3D"middle" width=3D"80%"><a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzULvdPEnPyIizIDnP5nz5sQ9uDVCbsZy3JNMztxy3bfvQ-3D-3DXx0X_Pr966knuaHmaw6c=
7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIu=
DzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPu=
RlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQ=
p5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDEV=
ysITpG9jBwkUB8rweMfZR1GNlVsJJNRfMi1QXdo2M7R0W-2Bl0YgUBuANia-2Bl1d9FYOWhLJEw=
PidM6aVKESPkpRW4ADKehmA1HBGFAUamn-2BXClh2UYlOLHlSxrOMhE7YPrfFkLSyzv7-2F76u3=
94zlWJimHw3LelmWkSvI99bEQ8nkqvqSiaEkEo-2FPzzQwepKNmtuKkks-2Bw46LxvI5rnngI1P=
NDulTNrzexzd4xWIWf9MVajx43-2B5XrRSEhziB7h9CGOwO5CCZpNNdP74F91M-2F9" style=
=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D"true"=
>Nordic Capital XI </a></td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              <tr>
                              <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" class=3D"performer-content" lang=3D"x-performer-content" style=
=3D"min-width: 100%; font-size: 14px; line-height: 24px; color: #1D5080;" w=
idth=3D"100%">
                              <tbody>
                              <tr>
                              <td height=3D"22" style=3D"padding: 15px 10px=
 0 5px;" valign=3D"middle" width=3D"80%"><a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzULvdPEnPyIizIDnP5nz5sQlNspW-2Bpzzr115Z-2F9JK61RQ-3D-3DLFv4_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITf=
wAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZ=
xOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSua=
H9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyX=
oCq2ZYGi40BpxB5IdpbO95VhPxZLmyDaV-2Bj4obtwKEnKL0QJ3m2QESyvU-2BLx5ZHtqTkDuOR=
ykN3c8FryUy1HxHz3ZRlybqMcyHK5PUA5oTyDURvFVQCMmEd-2BgmWFExZusVczkNeQ-2FxDRaC=
9c8WcFk4ccYc3gwceEZcFjLuV5eXszSlOZvrKEEOu-2FS4Hl2GuNncz4os1H9YpxVbgtMMgCTOS=
tO3JbkmPH3rFgJSsxYwVz9d3fh7ipICcKMZupcwHuJk3On2SIWahPCIX7aGg197O" style=3D"=
font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D"true">AF2=
 </a></td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                            <tr>
                             <td style=3D"font-size: 14px; color: #78766F; =
padding: 25px 0 5px 5px;
 font-family: Roboto, Arial, sans-serif;">*IRR: net of fees</td>
                            </tr>
                            <tr>
                             <td style=3D"color: #1D5080; padding: 25px 0 2=
0px 0;"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0=
01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzULvdPEnPyIizIDnP5nz5sQa68cAn=
ZlyoXhCGiWeiSmNg-3D-3Dw9vK_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4Bi=
QVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT=
7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2g=
GS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWr=
TKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDyzptuAWiaIJk2aKgNjF-2FqIw5Yd2uha2Sn=
OQHpgbwt5q-2B9igrKpMh8TVk-2FP6p-2BPNMBC5a0k2A-2F-2FYkWU7TrRcXPp-2FnKu8ZicUX=
MdMOkC5gaIGnZPNnEtOIPM-2FTE20ZAK2Jd4DYSMqneZuVOG0S6DZV9GT93pWkgZHXVUlqiphN5=
YWYUrHpRBys4BR5PFgcAud9-2FuAcFhL7RwDoBtF2WIFMQWJZsdlO9WCZzz0odz3FeHuFmH72AN=
30dwVLRyEww0CHJ2fe1Ys81mM6ERHEAZ3Ow" style=3D"font-family: Roboto, Arial, s=
ans-serif; color: #1D5080; font-size: 14px; font-weight: 700; line-height: =
24px;" universal=3D"true">37 Funds in Benchmark&nbsp;=C2=BB </a></td>
                            </tr>
                           </tbody>
                          </table>
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Check =
out the latest version of <b><a href=3D"https://url6380.news.pitchbook.com/=
uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzULvdPEn=
PyIizIDnP5nz5sQ459B4Vzp1Bb7xDicI2Bx0w-3D-3DHaMh_Pr966knuaHmaw6c7pKvB-2BCEiD=
nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlX=
xA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt=
46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPn=
UAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCpuUrd-2F8TpSE2=
qOrXSzwrnMEKDZVXfxz8mDrfEdietuTif-2B3yxyVcvfWcNSSqSrhgytk3VSbGeU6pAd8SjdP3j=
pHAZiUNFDvnxxT7jxqM3EzRglgLspFZeNJfmrSKms-2BP0jFaqSYgm9W57EuyBgkQpn8YTzVx4V=
CWW4PshS8rpDNsbzcC1DVtFKogB7-2FZLOZL7Zr-2FOMMPe5vtrLb22ooEN0TcVNC1pzS81uk-2=
Bn4it41v7eS3MzgHJmKhCQQB5OlT2HF0Cmb8jLASNdSIrFqsV0" style=3D"color: #1D5080=
;" test=3D"" universal=3D"true">PitchBook Benchmarks</a></b></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>VC Deals</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Fintec=
h specialist <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?=
upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzULvdPEnPyIizIDnP5nz5=
sQBWOlBc49cxv96148M6EaPw-3D-3D9fKg_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP=
-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG=
4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWj=
IXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0A=
wOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCjyc5nHVDWHS-2FbbyPdx6uAt3tp=
ejH1Nh3NURFd1KiU1hrAhUwX9pQCzvhtjRGM-2BFvF-2BTe76djYsbH2IhrXA5EuOhTqNR18H3m=
OZHVAjpSZiY8unaLtj-2BZxaQyYQn71pJybKZ-2FCYQvBgktwMHrVD59rCNrSTPqOvGAqT7Stf6=
bnHdSZFpQJlHBpBuK683vzPObI-2BXaPeIzejtke4z8sQgzvExJQboZdKcfri9yv9V27Fvh9ADm=
fIkfpjYI-2Bqz-2BzENJiBL2gUJl4c7JLSxwJbeB8" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Ramp</a></b> raised a $300 million round led by <a=
 href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br=
X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzULvdPEnPyIizIDnP5nz5sQbt1-2BwUHRzVjU1a=
L4-2FOxAlQ-3D-3D7twv_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43k=
bMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxg=
QuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9M=
JasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v=
-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoB00j7bglLuehcwMQPvdWkVPX5AAHJl2nAS1R-2F3An=
fTPnKxr6Yf0GIV5o4HdBZObVrzC-2F0Q0jtH4Jpbr-2FKJUWKFeb7MhdhXXCd4wh-2BLuohLd1r=
OfsOKfwq2f-2FQbs-2BTWh7WHavhjU1NQSuT3EjWfRav2-2FdTAZTuvoRyZy03MeaNbucaautk3=
LnjuLgJWzE8sGBofeS9EYXoV0W7QQZyGBQqRu3fDos3PzTMHwto7awZBXV3zcrsZuUdg60K3NOC=
bW-2FBYmwVE9odG7QIItYgIsg8l" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">Lightspeed</a> and completed an employee tender offer at a $32 bi=
llion valuation.<br><br>
                               Danish payments startup <b><a href=3D"https:=
//url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzULvdPEnPyIizIDnP5nz5sQAdvzqFny9x-2FRjf70nAugJg-3D-3DX=
Rgl_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1=
eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2F=
zYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV1=
7qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZ=
RucBQrwp8ijaKyXoDkn-2Feo628Y42zRVJpyJ1j1-2FuqYGIjaZUm59APNiwnyVzoxAhhuAYQof=
0rkncyubhbM88nPkhb-2BDQFgqfXd4NwhOJrrIrkJ8-2FV6SBJDfaFNiWcP8gbWhKQpUzfTY8OB=
GzC4qaERTne98BbeeE9Ay1S2ZpwcrujWlcCCR7T9ufMLYfxiPF88FlOHDMNRto6QvMlAtml9Olc=
K8GwqLqPwTL2kYHRS0sWHK0C5s-2B1F94ZQm1stjqcYjk6vCcgU8FVaIRQLDTqZMu52z-2BC3sp=
hqJ4yK" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Flatpay</a><=
/b> raised $170 million at a $1.7 billion valuation in a round co-led by <a=
 href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br=
X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzULvdPEnPyIizIDnP5nz5sQneZFQjRiwdpkd4tr=
N3DOlA-3D-3Dd38v_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcV=
f8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6=
j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasq=
gBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BG=
bLCRFT2POmtBZRucBQrwp8ijaKyXoCBO0K8hFU1xC-2FYkdC8XQC5GsPnCKTUKpE6DJ172qJla1=
QfChXzZ8Y4bB8h2Jrk15W7BQUybQbXcbu0rcfH9-2FIG7lAs8fL7LMVrTHaS3FSipNkq4hCK9aA=
PRKySxEy17EDjiLwzpgMGB1M2i6a6YBVKGCSeYWZ4Y7DEWuBjTvH7z5HIIpHRKZ0zpugq478Gd-=
2BNd-2FmZBrlZ6AiLHH4zJXOWs6SwwHLMmkc6xP4dt8M7rRvmMYjXESc92-2Bb8pTZDlnHUdeqD=
GuTYlg4WrlE1A7NSP" style=3D"color: #1D5080;" test=3D"" universal=3D"true">A=
VP</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzULvdPEnPyIizIDnP5nz5sQ-=
2F46K0H3GYhBTuNkjNCmgzw-3D-3Dx1F9_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-=
2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4=
BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjI=
XDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0Aw=
OwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoB2Fu8devzcaeYAjjt8FkKbE3tmnq4=
rl0aKW2pz7ZP7Lrl5JPPUchAtl4FNcLHPXLjxr-2B8k-2F5c0kHslMCVSCF0-2FyI-2F1Z5PMwH=
KJgeGHED-2FIbj6cIfuap6Ono1HuIj9xGNNmxkuLftZou4xnMjhwe5ZBwMTiHtmP7kNe1Ki4gLC=
bblSMuzzhYTQYQhoc4PlpYkgVmLNPUbJptWRDjQ8FdOBqgvLLWKQICeU2j6Oac4D5Gaou4QJS39=
c5amnfj-2BuDTy38bu9ztsdSZ75KzRoxVr41" style=3D"color: #1D5080;" test=3D"" u=
niversal=3D"true">Smash Capital</a>.<br><br><b><a href=3D"https://url6380.n=
ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7=
ONnvsnswouzULvdPEnPyIizIDnP5nz5sQxq048FCQ0fn3F9dvrmkWRA-3D-3D8lIT_Pr966knua=
Hmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DI=
TfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vG=
JZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjS=
uaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaK=
yXoDvz1MfjxdHbGWZiQNne6FBlJeI0Le8awOwwRFXsGrW7ZTj0zcNq0ob3FOokAWlWmLTSp36Az=
0zzq-2BdXq3Lig0x1fq5nMH112W8g0vR3-2F1SDdhgfafceSfPeyEcvMnJjXGFVcq1RFdxxsyAP=
kccoithSEbcnBM1RnZeazKyPvv6kTExb2jcRctCpYB65WEsc233B7ns0hMc4kyoV5gC8gXZdlDW=
87zwGdJvNU4souHE5V6TRT4fi0v1BGCsIByfHsXRnXg4o34nUfLZXkbZwKtm" style=3D"colo=
r: #1D5080;" test=3D"" universal=3D"true">Sakana AI</a></b>, a Japan-based =
AI model developer, secured a 20 billion yen (about $135 million) Series B =
from investors including <a href=3D"https://url6380.news.pitchbook.com/uni/=
ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVG8rnR5jhwS=
l8BRZ6d7FOuJV9nU7dn4fLjZntfMgszqQ-3D-3D_F7O_Pr966knuaHmaw6c7pKvB-2BCEiDnj5U=
wlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4n=
GnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2=
UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWl=
BSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDi2ccuD5hwVrjb5Jxor=
YBf-2Bj926c0BF8yq-2F4acqqskMMXzFztdWKtbcm0g8XJKtePdRc-2Fi-2BVkOhsC9ZOkqgae3=
OhqqSpCkYcY7AYmLuPsmEycwjVuDQgGDvBK4TSO0AFxvKE8e5RV-2FPzQeWHdaHQcfr669bl-2B=
G0aUQK9GgvWwlpEIiZtipOBx6WexcJbUwmkPB6IYR5mzOvzPsZ-2FGPI82p9aIn3-2FEOL4sV85=
-2F5xVnKz6f1ByKQejNw9GRJgeaaQznHQCFa5-2FCemx2J-2BpJrZcMV" style=3D"color: #=
1D5080;" test=3D"" universal=3D"true">Mitsubishi UFJ Financial Group</a>, <=
a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B=
rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVG8rnR5jhwSl8BRZ6d7FOuxCDtruiAqgraf5q=
Ggx1hxQ-3D-3DbusS_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMc=
Vf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA=
6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJas=
qgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2B=
GbLCRFT2POmtBZRucBQrwp8ijaKyXoAem29gklm0npTgNz5uj-2FiwwoZUB-2B1rZzTMfw3sj5u=
dvxyayiCB36auTm8JMF5EEgHvAOkv17OdwIF-2B8eGjYG45-2FWzhHSr9Hc-2B-2BZgBy3idZGk=
DLy5Z1li3o84DQOg-2FRjW7stDIBStkQB8tR5Yd8H0Jup4N3hyyFi1HQEswVpkq-2FfqSpOSFnA=
A2h-2BCuyexsrEgUH3tfgGOvImY42-2FEoT2YK-2BQciLcXlzsp255Xw5iA0AjnrX3e9b2-2FOZ=
f-2BOdyuZ0zJxAY3F0hAFbWwHrfTJv49l9" style=3D"color: #1D5080;" test=3D"" uni=
versal=3D"true">Khosla Ventures</a> and <a href=3D"https://url6380.news.pit=
chbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsns=
wouzVG8rnR5jhwSl8BRZ6d7FOukTTxZQ9ABeJdZlEDzFrOeg-3D-3D0fag_Pr966knuaHmaw6c7=
pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuD=
zAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuR=
lUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp=
5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCYtQ=
IlV0UNnve5L-2Fc0jJIOedsroV6tqcuDC97L9OS4o9iFSiNdbGLC0pwUYxi6XL6CGY1X-2Bfa5m=
bJU2-2FZo5s6k8kMSc8b1SOBKSHDMxgoAjE-2FN2MaQ4fCHTBMzReGGG7lJDhJ9-2BpCcqUDZ8t=
6jsO-2B5yR0aggr-2BBQaYBkHSo54dO1PEm0bIUfcwKtV4M9IU60Em6fFQIvOktFz0ioJfuNKJR=
CaR6xGuCYVLRDL-2FdQHFseiI6vqYryf2dd9mDNVg8-2FM-2F0NaPYOiSnhESGj2vNssz" styl=
e=3D"color: #1D5080;" test=3D"" universal=3D"true">NEA</a>.<br><br>
                               Biotech <b><a href=3D"https://url6380.news.p=
itchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvs=
nswouzVG8rnR5jhwSl8BRZ6d7FOuG7Mr6TXDg-2F1I1nD7u9JJ4Q-3D-3DY_zJ_Pr966knuaHma=
w6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfw=
AIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZx=
OPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH=
9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXo=
CoSqHuTFm25C1VgTVxzRys6Vhu9iq0tNOCDqbpSAgRw-2FBFHBGi7sA43FPfzRuWkUcxKCfKe7P=
N7mDenDxw6-2Bsyf8vDggEEBKhSF6rJ-2BQ0wddGZhiTqPRw4GGbFEh-2FMfQ-2Bkm-2Bn3t4-2=
FIQGvhSYof3aUhWURn8XiAMJF6sSIp5R-2FHwgu4gs0u0WpHvYEQ-2FaoDm61VXqpSTYRjzdJw5=
Cmypc0j9nidUWBxA2-2BsPeL61sc9clVrcgFufg-2BmWUoSrwdt16wZ-2FNDxouMkdXdwXFXDEe=
cr" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Solve Therapeuti=
cs</a></b>, which develops drugs for cancerous tumors, received $120 millio=
n in a round led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/cl=
ick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVG8rnR5jhwSl8BRZ=
6d7FOuOGbEwg7Gmai8positgy6cA-3D-3DAp2X_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL=
0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKv=
KyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcn=
wpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFd=
nS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCyoezK00Rm2lvE8RRf5p66pq=
A6F0J-2FGrOAQNrU0SeEbfHgNrSmbNeY02jemdPlCDs8sivFbFInoTJ3ILrpkTlNEcuoEp7Owi2=
CKn-2F3Nmm7OfLpkxuAeNTSi0FJifMhUKw5wsooVwnbz74J3xAuQkjGpCP-2F5ASROhWxI4JM-2=
F2hVp7btEDjQCvUmGEJVXTNelfNrzvlHm7W8JL1BZpB0pi1JZMVH-2FAa49py9u3t8etAi0aFtI=
QJrqT9dLulmn9VWbKLJ60avk9f5cnEQPYSrA8KF" style=3D"color: #1D5080;" test=3D"=
" universal=3D"true">Yosemite</a>.<br><br><b><a href=3D"https://url6380.new=
s.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ON=
nvsnswouzVG8rnR5jhwSl8BRZ6d7FOuWSKeHnLbwpULktiEHV4iHA-3D-3DXd4A_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITf=
wAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZ=
xOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSua=
H9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyX=
oDqUAPwunMKyB7nDoIxDs2DEl6CVZAhBCjZzDB4TOqAcSPK9uGNvxcchugdjFCrCTPNIE9g4ZrM=
t0jA4BVTy8JtQRHWMyhYXL88nSX-2BvoEsXvZR-2BvscXMxhJAjnu2cuVQu3DRjXaoHGIeDzR5Z=
moM-2FrR059bguYcRx0BaD7qp-2BJnBgyfqRaO6PBJmCCJxFODCwreyQhlksHioFITasSmsedYt=
sb6n5-2Fd82gP6ZC4dVB6wgLX3Aa15FDgXfUw7NsXS436ycP9G48ls8X78moBvi6" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">Gridware</a></b>, which focus=
es on power grid infrastructure monitoring, raised a $55 million Series B c=
o-led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du=
001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVG8rnR5jhwSl8BRZ6d7FOuOdxNz=
PzAZw-2FGHizJyNCU-2Fg-3D-3DObdH_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2B=
HR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4Bg=
phXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXD=
HwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOw=
bqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoB6nfkOIbUqK7YPqkVxJv5LzZfUJEbBs=
vuiy6-2FMwenE5LGZKy-2BUbDkIAVYLO-2BpjQXFpdZ8x7j1-2Fcq4W7MyGqgrmdXTLB25Ega9l=
5-2FA2T5wZ2yWqqwmACo-2BB8dxc0ibhRdhpSCpbtrASbYzyOVyfZdX88-2BxD4SgM6sMZC8W1r=
nnvJz8s-2B2tHN1nwU8YRuDIPvnNsOOVzQJGADp6JPfvbJE4xKprVvsz2x0LDarSuMQjIFYwkiS=
7TToj49JRrg-2B6QDZGGL1tpyLcrUIRLW7yLEMpu" style=3D"color: #1D5080;" test=3D=
"" universal=3D"true">Tiger Global</a> and <a href=3D"https://url6380.news.=
pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv=
snswouzVG8rnR5jhwSl8BRZ6d7FOu7q3HVybTYIDbHPPCTOW4Vg-3D-3DkDD9_Pr966knuaHmaw=
6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwA=
IuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxO=
PuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9=
BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoA=
jq1MQim31oNoukirg0vPGieoHQ-2FeIRI9N2HDCI-2BG9f88nxbXCU2y4eC-2B6KAMSU9sBVL01=
LVSTuhg3E7FChVCsLKZkhRfjoqk7HegBUcJdAkL0lufxM53DjNJwXCokjn23VPNAC5RZUj1EH7g=
wE2qG-2Fr3eNrKdfqN7bGfNEOxkmsRE4h-2FUCHuS76F4B0qseYa1fE45GmesWcRj6kG1tcDNsw=
Git7TJAeeYwPnfg09Fgl8FllR0170M9kgVq85OCpebNjWpo2URQRMO-2FuoPs2TI" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">Generation Investment Managem=
ent</a>.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/cli=
ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVG8rnR5jhwSl8BRZ6=
d7FOu-2BtI6Pc8a6rvLq0X78KG3qQ-3D-3DJsAJ_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJY=
L0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPK=
vKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQc=
nwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqF=
dnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCnTBnxG-2FsgveHxQVHJ7f2=
0sDQTjve5h9UUuEiVL4HcxDMFMDSn-2F5VK8zWVu4-2Fh3TsCmptysurTUoakt5HEuAYQxQtYtu=
Wh7drwhAGHqnnZNJTLrTJCR08fJR8tzl3a12Jsd-2FrR6XrAMmG6bN65ZWTekaWUMIqsWoX-2Fi=
bvjRkDBkjYWWRF8elP60vU-2FFU-2B-2FPDYXPNJAoRp1-2BkObYrDkATnpkhtcDB9d8Ko1U68q=
Gb-2BWz5CAJRZaHIQ9sFgrb-2FMMHUlK3QKkmWNdCTxpSrZwBJIK" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">Voize</a></b>, a Berlin-based startup off=
ering an AI assistant for nursing care, closed a $50 million Series A led b=
y <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n=
73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVG8rnR5jhwSl8BRZ6d7FOuXwnGn1PAxtcQ=
6xCW2FcUfg-3D-3Do2Ns_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43k=
bMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxg=
QuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9M=
JasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v=
-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDUcBs1CQhi2y2qicaQcMRDfA8n9M9RcBEZx0IhLv1l=
pCcRyGUpj3-2FTUS0-2BYVe7ctPS-2BZPM9V4nRe7ncB2nT3dDZZkisZWIxg5MuuEMa60PCdAuM=
Qfs31qh-2BJ4mznIyGFAL3p9-2FCvExfwTODI17jdvdS01FiprTWAh4G-2FMJm-2FwYk-2FjSwR=
6YBabYV9eNfkNRuZfhMc5A0qThqniv1-2F-2FULCxI64wtnIT-2FqtqsmEDKaKm-2FqwiCOS0CD=
ulLIjWCsyvSVK8apX-2FnZ-2BTNMmdneOAFKSfq" style=3D"color: #1D5080;" test=3D"=
" universal=3D"true">Balderton Capital</a>.<br><br><b><a href=3D"https://ur=
l6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa=
-2BaqM7ONnvsnswouzXxR3q-2B0zJUMWCMSCVxMFAeKCYxvO7twxatzoipZi6HtA-3D-3DY6lt_=
Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6=
wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis=
-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7=
PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucB=
Qrwp8ijaKyXoBxTpqXDIR0oEm7MK2fWkHEAZpECuxdF19ClyGUTbCNvVJxetAOaikcfQys4qHvz=
dJrqZl7EvLPoSQ6EFWx1QnPrgmL3DD-2BYypQFc9QHST-2BlAO7dq2FNhiiZlj7ECegR3YMdF-2=
BKit4EdWN0Fn1Hs7DbRu8OYiu6H69nHwWWiVSHEQNtlJudE-2BxIkIIfregkH2-2FYqrJfgYetp=
vrbpPylumuvBRr615Ar3dBVD2lNZmsJYcYzm6cQckLCLeQMPKjdIa4-2BTzcUdrOtjBAl2yiE1h=
T3" style=3D"color: #1D5080;" test=3D"" universal=3D"true">PowerLattice</a>=
</b>, a startup developing power systems for AI and data center application=
s, raised a $25 million Series A co-led by <a href=3D"https://url6380.news.=
pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv=
snswouzXxR3q-2B0zJUMWCMSCVxMFAeeI7YBVflI2FkW5nqPjYbcQ-3D-3DKPI3_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITf=
wAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZ=
xOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSua=
H9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyX=
oAvYqCHMYtsZUvVq3R7AERedHJP9edGHJcNTkJ6cvbI-2BtDXJeA-2B8JGhcDh-2FbiJoXjdqwu=
5ym3F-2BNH8CDhAhEwvADJxVtpnIQ8-2B19utxh6mNYCR03jUf4U13QlQcHHluAeYKiOYE-2FVf=
0UzyconChJVnqVA62BSIzx4N-2FW7LMPaFUSiZ8Hq0KUEUK2jSrw5bpb51qRgxE9cB0W1sgyxAm=
f6SlQoGWywiJEFwiyXkYOw-2FJmSmzPAQHYxh-2BqE2DkyaR2vzpVusPcq18NWi75orulvMh" s=
tyle=3D"color: #1D5080;" test=3D"" universal=3D"true">Playground Global</a>=
 and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXxR3q-2B0zJUMWCMSCVxMFAebvs-2B6=
PHLdqOfjsGk10Bg-2BA-3D-3D9ITz_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR=
4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4Bgph=
XzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHw=
R2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbq=
BWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoC4yaDrX21Hqr-2BnYly5Rizq9zmDniwny=
ziq-2BwlXaDLmhwhR8IkKf86Nzw3K9yU1ul9GOcjQXop1PaHx-2F1r7etVdfdQ8AXBFgR0V2X-2=
BeV2ff3mVClKNQUXglUgwuDB-2FOvipa9f6xxB1doics5n4-2B4JefmuhURHZHxrWGmoutcPHRD=
LH2r4J3E67zNglgjTBGoyAa2i-2BOOvBFxuAN11JETke0ZAFHfRXCc5jmKI4gUQKuMoSqfOBYsM=
960k6v5TXNKgdExrZ4AAXTV8jHznQp-2Bjji" style=3D"color: #1D5080;" test=3D"" u=
niversal=3D"true">Celesta Capital</a>.<br><br><b><a href=3D"https://url6380=
.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq=
M7ONnvsnswouzXxR3q-2B0zJUMWCMSCVxMFAeonxa78tkADnp637nK5ofuw-3D-3DxaQp_Pr966=
knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxv=
l3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2Bvv=
H7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZR=
kkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8=
ijaKyXoDgF-2BYfS4Hmk0iNJQjldGqysw5Z1ScZi42fgORCId2Mn-2BHQic0XHWBHbHrfSrUssu=
wObzVQ4Q1dthulaJ6TmxY7DmLstPr8Eego2-2FtIYXmBijA6ceHw5cCd8aPtTMHt-2F4EO-2BER=
g4N2TogGA6LKvc1sccEhk2IEUx8LoLubfW11-2BMB5l102kmnUloBqsMBcSZl8L5COFcnHTyXcO=
iFC8dkMU2x3NC1K2FZoe80G8lX7dghK1498KdG6lEHl9W3hBOxQwvjoSxlSsJqz0c2XEWLmT" s=
tyle=3D"color: #1D5080;" test=3D"" universal=3D"true">Span</a></b>, which o=
ffers project management tools for software development, raised $25 million=
 in seed and Series A funding from investors including <a href=3D"https://u=
rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF=
a-2BaqM7ONnvsnswouzXxR3q-2B0zJUMWCMSCVxMFAe1dwkuR1dyKEvgPrRf9tIRQ-3D-3DGKV-=
_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy=
6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYi=
s-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb=
7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRuc=
BQrwp8ijaKyXoD3iSW3BWqFMsqEGRB0IeP33m7lZOzKPYzMGScr-2BzeGKzYlB3myybPrrXkwdm=
VCZQ2cIpxq6swqR1BlMCFbmKeHY8UruWE5gXb5-2FY383pB47nTeIqFHnsi91nxAV1h1QoP6bP-=
2BvE0JeIQaBXQHn5gZ-2BsE7G2wisJ-2Fbl8Z27gUqN-2BzNf749gK19XQl9d83nYsG64N8bGgZ=
CZa1Bmlcml-2BPx-2FfoDLAtCZmFOcKB1EwEKI7CMmtDjuTNor43qRiiAljxYPOJ5dhZzvkbeaV=
QoinpSP" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Alt Capital=
</a>, <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001=
.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXxR3q-2B0zJUMWCMSCVxMFAe8wwJMf=
6ClMRLDUCRYHsQQw-3D-3DtcxI_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4Bi=
QVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT=
7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2g=
GS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWr=
TKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoBVFWilozGsJaiHKWG-2FFV-2Bj2VVYtvqrm7=
HzM-2FoC5ER2b7qKZhhUzhMbFyH-2FzSAOpBqTu3Ui-2BhibiSvXShAQKlm4Q2BR-2BATNdK1Dl=
ur92UpiWmqNdkNIVHV1ITd7Oa3fs3FGd0zXcGZu9uoq2b7jDHfqSVcPWwUDPXPa3nC6HqEhY5Gn=
yk8pmAE3k3nLd1T5n2yp4h1Syrmi3kvzmpd3v3AJwKTISVKcT9C88uwGZ9DY5ENZ5ha0AV6WSap=
1es49-2B0YkucM9sqtJJN1sg14ICrtY" style=3D"color: #1D5080;" test=3D"" univer=
sal=3D"true">Craft Ventures</a> and <a href=3D"https://url6380.news.pitchbo=
ok.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouz=
XxR3q-2B0zJUMWCMSCVxMFAevzT5itq2RmEP7VwQAKEKYg-3D-3DMtqR_Pr966knuaHmaw6c7pK=
vB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzA=
g-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlU=
lT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-=
2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDq7sIf=
fNlKf1ZVntyEKsJj2G2yOB11TOcBjDt9hq8eUipmoEZ26xOqvQcSCCdkYNC3xG9c3yIzdkWwTV0=
4VXip26U7p0b-2BbO94ccj5Fab-2BhyGSpVs0FZTVGjeBdjU1QM95QH-2BHy7LYzjKKuqvyPQoE=
pV3PUIW5WhXInIKmJffjhkT5CrPwH2RRTtp8X3uRg6CdXaKVLox7KxycBJ8s90JQDkGR31t-2Ba=
rLurN4SWkUZrlwFqOq-2F19rd7uWVekbE4fH767guRorIq2PnYgHzNflQ" style=3D"color: =
#1D5080;" test=3D"" universal=3D"true">Box Group</a>.<br><br>
                               France-based <b><a href=3D"https://url6380.n=
ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7=
ONnvsnswouzXxR3q-2B0zJUMWCMSCVxMFAeAeaidznIl8CRO7ksQPgT9g-3D-3Df2uW_Pr966kn=
uaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3=
DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7=
vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkk=
jSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ij=
aKyXoC7-2FAG2pPXQ8Ja3dh4-2ByVBATSor1xIsohOF6MJq4-2FtnIWLwF-2F0LvGcg-2Fx3qK3=
zf3x4wAvr364sGvACe0wQ-2B3Bo4XhEBOtvuJKEivQXxsO4G8F1U3sUe8kXgcdBzeje-2F9RRuL=
6FK33ciYQIkKRLrBpNExefkkpMrrIgmFbZqAjvCS-2F4MWYazuanYVF0h6xZScjeVYPvHDGiTpT=
YsoCaiv1iGh6ISBL66gB8SGuKEjsgUPOpWWISCIRwIuNyDcqC6edo-2BSSyuhZxmgLFvsZFPfzE=
j" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Hummink</a></b>, =
which manufactures nano-printing tools, secured =E2=82=AC15 million from in=
vestors including <a href=3D"https://url6380.news.pitchbook.com/uni/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXxR3q-2B0zJUMWCMSC=
VxMFAeoyWEVn8RTnLnO3d1Zxi-2BYA-3D-3D9ZEB_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ=
YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnP=
KvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQ=
cnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSq=
FdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoD5R9ZHE93zIVul8H-2FY1N=
rnZIJaFVLIytw798a28JSr-2B4mciTcnFmd3ppXGqdb9EgxLppn6yYVsU7kdEmBOUl21lg-2B95=
oKPz-2B7Mkwcfcf74mc8O6D08CLDMjqkwROD5NUL-2BLAHraGv6hHjSXwcacNn9DwFvCcfX9trp=
QD76wuj9wGacEYqdi5qN4oLRMTIuYOixfNzDuHF1m1VibL6y2Gbh11NibMEL2-2BUmQiHh0tIMA=
GFeGve1Lgp0VjC6pQvP-2BsmtaWmrQmtiyl5V1s58x80f" style=3D"color: #1D5080;" te=
st=3D"" universal=3D"true">CapHorn</a>, <a href=3D"https://url6380.news.pit=
chbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsns=
wouzXxR3q-2B0zJUMWCMSCVxMFAeNCU3pFJ9EmoOFrlbLKWGTg-3D-3DTPR6_Pr966knuaHmaw6=
c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAI=
uDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOP=
uRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9B=
Qp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCO=
7X6ckCkPFmaLH7KDs8qq9U0GoaSDA2b2hjqJa2MecScmxNSzwX3YdWjeRZjt8oJvPuk80P5429-=
2Bbc1-2FB9BSHEwmk5JpEjexrpwnur-2FOuoWMFRXU9GgSMDGGojWTdKl34fAiG9aFoxVrAoMpv=
wc-2FwKA1iEqzKwbvKrAkLPMEEQX7vLi2oP6cMDG25qalqF4yQXQTqLZ3s15cGRl1aOk497zHgl=
ReYsJBRImHE3QaqGrKgn31Kt0xEZ1sIJeXM-2BOnugHS6zbHxv7TqmZKQFhQV" style=3D"col=
or: #1D5080;" test=3D"" universal=3D"true">Elaia</a> and <a href=3D"https:/=
/url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6=
GFa-2BaqM7ONnvsnswouzVXZkeRyHFFjOk0ehzyOwWI-2FqciZ3xAOeV-2BX-2Blx1gwZXA-3D-=
3D5_hL_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR=
LE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1=
-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVY=
MV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POm=
tBZRucBQrwp8ijaKyXoDPces2k4z-2F3Lzzv4W3ZdZg4t8jrVhDlRTztByNkeceiSiHLqSp9QgJ=
dLUXAG0BcPDqs2UXWS4lQptGhyPC2T1jggtuZmcq09qRul3WoqgMXoyZvXZBC6X6fOrOmDIWk8l=
JWZrxuV8Y6mUAz9sGFDxIoxKcYMxXxje2VDqiJB0hMiyVxZ3LPWbFNI8Y9Rdg659NQE-2BZYd9g=
VQxWGl-2FqaLk3DsQ1ZDJvAsuxARM6vskDmEZSYUveV5am5IRQAqcTJX4Onq-2BT9JEKyFsfqTs=
Fca6m" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Sensinnovat</=
a>.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
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                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574635" id=3D"n_574635" style=3D"font-size: 0; text-decoration: non=
e;"></a>=20
                          <table lang=3D"x-news-group-title" cellpadding=3D=
"0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;=
">
                           <tbody>
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                             <td><span class=3D"outlook-caption-override" s=
tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
erif;
                                                                font-weight=
: 500; font-size: 20px; line-height: 26px;"> Don't miss our upcoming webina=
r </span></td>
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                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
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                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100=
%;">
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                              <td valign=3D"top">
                              <table align=3D"center" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0" lang=3D"x-image">
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                              <td align=3D"center">
                              <table align=3D"center" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0" style=3D"float: none;
 ">
                              <tbody>
                              <tr>
                              <td align=3D"center" style=3D"text-align: cen=
ter"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n7=
3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVXZkeRyHFFjOk0ehzyOwWIQs3u0gqN6oH2s=
wf1k4Q47A-3D-3D4a5N_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kb=
McVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQ=
uA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJ=
asqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-=
2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCPU3So-2Bi6aNbhrNCSxVnh0EeckTFWSFR7lB4QcA5K=
33-2BDSZ-2FHEPTHeClDf5lgFQm-2Fpo8DTVaJEEI4aJGNRI3auCzZH-2BtWAWvGoLyZoVgZ3EH=
9j0LvEr5Shvp9xZ6FXXtAmai38az7pG6kC7koZpNJZSVTudNTfUhGwCWcrdf2CsV9rn1clVf7hd=
ajaPWbR9VlANoFkWaP6SXR-2FRvaIftWlJLwwY-2FUjhZPViunggEGywAR1VLhusXLO0PmCpIUl=
qLRNHBsfbGFnuHxzzaB4x2-2FF"> <img align=3D"middle" alt=3D"" src=3D"https://=
img.pitchbook.com/news/71336.png" style=3D"border: none; max-width: 420px;"=
>  </a></td>
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                              <tr>
                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
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                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Europe=
's private credit market is poised to achieve near-record growth this year.=
 High base rates have helped maintain support for floating rate loans and p=
ositioned 2025 to be the busiest year on record for refinancing activity.<b=
r><br>
                               But, with rates expected to fall, will the i=
ndustry be able to maintain this record growth? In this webinar, PitchBook =
analysts discuss the impact of pending lower rates on CLO creation, syndica=
ted loans and high-yield bond volumes. They'll also unpack the latest trend=
s in private credit growth and analyse Liability Management Exercises among=
 ELLI issuers.<br><br><a href=3D"https://url6380.news.pitchbook.com/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVXZkeRyHFFjOk0ehzy=
OwWIQs3u0gqN6oH2swf1k4Q47A-3D-3De_RE_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0Y=
QP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKy=
XG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwp=
WjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS=
0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoA2cMi9bS1wEGZewh144RlDb9yD=
pSVBptDj3KnUJ8-2B4i7FHnaKU8oUcFNJoLZKqDTv-2F7TDkBhEt4B22HKlbq2WRQ8iBLURP565=
y7s4Ot6wqqJWZT11plKdEPkzRh4CVAPNQljWBW1Lm22pVnEVzOQqEbiEbv0mSct8RtZAr6CbID0=
wC1Xvi94cCehKfV-2BYN-2BECFVrLmv96hkH4eNvDfhTs6dNlVXPjyPeZjyYWLZP7xBSQ6rFGUz=
vGfaQ2aac86O8fwXvyAT87T7pXyT-2FebAVKe" style=3D"color: #1D5080;" test=3D"">=
<b>Register now to secure your spot.</b></a></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>PE Deals</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVXZkeRyHFFjOk0ehzyOwWINECi-2Bea3IZIVudFYj-=
2B8Uzg-3D-3D7X2H_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcV=
f8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6=
j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasq=
gBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BG=
bLCRFT2POmtBZRucBQrwp8ijaKyXoDkqoaB4jULdfrZz1E96Vs6RpmNXvVABn6WVLB7CXAqVZVx=
tVNTLXgCJsSWd6YVAxVidHE5T4BzX-2BN3DL0jXvi7OA-2FP-2BZop8Zmeaz-2Ffo-2F6ynJpoW=
BQZiYwkYWteS5iOHthfZTHFRWuqgWBogl-2B6i61SOjpBIrjC9Ewn5pt0jhakWiTJ6aPvq27fPt=
Lr8-2BeWGRZEkiGzNvuvPLmtUSNcqBtzRMaEFdaopuUsF0dADATrqw3nV4BEnIDtHBiIeRahudM=
TXQ18fXfQBJbKeKiJ1MGf" style=3D"color: #1D5080;" test=3D"" universal=3D"tru=
e">Warburg Pincus</a> and <a href=3D"https://url6380.news.pitchbook.com/uni=
/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVXZkeRyHFF=
jOk0ehzyOwWImfcPtrhbCid6fg6zJbMz9A-3D-3Dy9Fm_Pr966knuaHmaw6c7pKvB-2BCEiDnj5=
UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4=
nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H=
2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAW=
lBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoBx3m9TaZZCOr9NvKaB=
CFtbNIJz3Zo0bAzloXn-2FwsG1ocUmiS4h2pYL7-2BcZfL6hD8qkzxFOigsFt5TKNJgXeROYsZk=
QkTXtr68i3Oq-2FbPFXJ-2BIrzFa5gzyOvwCD3aeWyCmR0nJeRC-2BkgcJMmNZ1UllzYCi82hCO=
DJarg80mRxs9tsbsst-2Fp3LX8E93Z1a8-2FJNtMyKg94Nb7-2BPg-2Fm1W7r5vQrjIfJ8T-2Bh=
m-2BwclM3qAeimlVx3xLuu8cUSoB1RHvENMXpb58wJ9dqxP-2BUN6soYHPy" style=3D"color=
: #1D5080;" test=3D"" universal=3D"true">Permira</a> are considering an acq=
uisition of NYSE-listed <b><a href=3D"https://url6380.news.pitchbook.com/un=
i/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVXZkeRyHF=
FjOk0ehzyOwWIHTuIiGTJ0b9WnvIo-2FlGXwQ-3D-3D8DEv_Pr966knuaHmaw6c7pKvB-2BCEiD=
nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlX=
xA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt=
46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPn=
UAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoBr1Rl5wDCr-2FeZ=
avbZuOVW-2FV5KL4FQVSQeO5YgC3qFtjWf9DEl2cpisv-2Fdecr1hVYQz-2FkiBm5zrxeQZR5-2=
FVsaZLK73B0GzVml5A-2B-2FqD4LYLTGgxJ1vCuC049Jg3gFzrJN3EbAQIopwRsLcERPLiXqUPX=
rSoIcZPfCnsVqCGkq1k5xziSAyaPJPbDAfCZNHaXSsszuhf1Fai6A14E5GZKigVVdLGvTqmfSrr=
c4WF9gWJSM1qJxXRnvj8jxf0hUzeN0uOMeurcTpKLg830pKXzlZL" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">Clearwater Analytics</a></b>, a developer=
 of accounting software with a current market value of around $5.6 billion,=
 Bloomberg reported. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/c=
lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVXZkeRyHFFjOk0e=
hzyOwWI4WFqzgwaZQto9gKS-2Ba4JlA-3D-3DmMSx_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uwl=
JYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGn=
PKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJ=
QcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBS=
qFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDoVH4DlUS40WYckMlp84n=
UbWGPieJnEubd-2BaWdAMJ6X8xcnc0fkpk2tBZExh4J2u9yj65K17kQRJA6q2-2BPjHPELMba8S=
PYcdfaQFM1J0nAQsd3-2FOWUwt-2B6yLMalRzoj5h05sqZHmCxmwRKB8VHe-2FGhRv7lov7lmW7=
6H-2FXzSKZJ8F0R-2BnP4h41Dc0ch-2FQycDmcpmLHHCfgIjfgBZnxhJPEO1LmWib-2FszYEPs-=
2BwwvW4IVu2a3sTtImgzZfy5ksmDBK-2F9yz4SUc035HFP2w7oTXZq" style=3D"color: #1D=
5080;" test=3D"" universal=3D"true">Thoma Bravo</a> has also made an offer =
for the company, Reuters reported.<br><br><a href=3D"https://url6380.news.p=
itchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvs=
nswouzVXZkeRyHFFjOk0ehzyOwWIvyWXWUBvF30TENOcIxbXLg-3D-3DvSFQ_Pr966knuaHmaw6=
c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAI=
uDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOP=
uRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9B=
Qp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoAo=
hSZht-2BcogNojgVQa374s7mBMt4u6K7mB4LEaY70P4DsEVDXQtxkRXmgJwPkFIkT2UoOFEOCha=
t1-2Fr04wprzHDZw5YiKS25D5CNtQsF7sL4ODbZ5jQLN8GSagVNPv9NOWNvQ7GUN4-2FiLJC0Bl=
kVbwSqG4c29DJfH8LXSUEeQyXR87L-2FErSF1skZQOFOl7HXDQTA6Vc6ApaL2Vqj00k0NIMLhp6=
-2FxsLR-2BKHeC-2BdFtLIcIG2iqC-2B9diNvIZdpTUZ-2Bp5nfFJE5Os-2BwpPTFPjbq0p" st=
yle=3D"color: #1D5080;" test=3D"" universal=3D"true">SK Capital Partners</a=
> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001=
.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVXZkeRyHFFjOk0ehzyOwWIDvbF6CqB=
zxPtpCIQ5pxtfg-3D-3DGrDF_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQV=
I43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7z=
qSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS=
1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTK=
dG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCpeWU2cIlCDgiqrrw8oa4VoI-2B-2B70WpBYCO=
SUYPcOMDhu3RwtJKfQ4OD4CfVBQWVS-2BavzJqITP1bqu8saGXgyDtBc328PuybRSAA36VNMKNz=
98LZyn97bYtLMV9yiFPfqWzIe-2BK-2Bz-2BrD3uJM-2FSA-2FEfL2ffd1uO1itmn1tW3N8j3oo=
YI8-2Fd3z2G383PD5SMGp8y2Eb4pOTELWKvCv2w-2FRweeRdLilL1mqex-2FcUBYJqH0NqqUlqL=
sldjgnFZY-2FA6R4skRwGN8G-2FWbefFlUXckBK2i" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Lone Star</a> are among those interested in an acq=
uisition of Switzerland-based drug distribution business <b><a href=3D"http=
s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI=
rf6GFa-2BaqM7ONnvsnswouzVXZkeRyHFFjOk0ehzyOwWIzN7hOd5fIIGHGJRJynYusQ-3D-3DC=
ojA_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1=
eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2F=
zYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV1=
7qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZ=
RucBQrwp8ijaKyXoBY0jY-2F0X-2B98WeuyVCbMXcVZdd1wYrbAQ7rf2SN-2BdlUrh4v8sYzHe9=
D2gPWvC5LiMo8NT8z1snv9O5J-2FDl0Ph722Qmv03m65MT-2FYN68S6s8NsIquEVO3LeVIkSaQ9=
DoshlefkJSnO6fM8Sz8-2FLc6rEAgdqGI6lz98roQEoNDB35rDK97hj94Gfxun8b39u-2BGWt4o=
hqHFQEihZA643MQlnKOg-2BJ6BqLcYuSm1pszQXHVe6v3G1hO-2BAcN4FKm4yXoJtjcIChFulqW=
2tpMgfeUrEoS" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Swixx =
Biopharma</a></b>, which could be valued at up to =E2=82=AC2 billion in a d=
eal, Bloomberg reported.<br><br><a href=3D"https://url6380.news.pitchbook.c=
om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVXZk=
eRyHFFjOk0ehzyOwWIWx2dpb0yxiFapJPlQbs8gQ-3D-3DFvrv_Pr966knuaHmaw6c7pKvB-2BC=
EiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXf=
QlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSK=
Mpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dO=
RPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCnubERAz3Vm7=
4-2BK94oa-2Bu6Ur-2BTIkRR78dyepvWXDgkXPcBJStuNLN8RL4qtMyo-2BG-2B3sK0wBozg6Qq=
ta2NuNtArlRGDsPooDBDYOmbER-2BARZ9-2FECM2I-2Buj8cu7KRJpi7B2fgosQjU9DfK-2FOcJ=
cCR1Opt-2B4b9ZSqdzaM7B5nldABR-2Bp89HKHYjuyI8cR2obrC6ZUqtzFcPuu7E9cVi5x-2Brj=
3IpQ7DsJ2davQtWDn9SzZRL4U3IuddOMqbw4y2-2FT3TSU9Zk7Yn4jrr6xQoQ0ide-2F7" styl=
e=3D"color: #1D5080;" test=3D"" universal=3D"true">Clearlake Capital</a> ag=
reed to sell <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?=
upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzU6Xd8WLiXJmLmsVGGDk5=
gt9Vwgg-2BuseC9HsmXcAK13Mg-3D-3DbXxO_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0Y=
QP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKy=
XG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwp=
WjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS=
0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoACtjmKNgU-2BtsFSsNY5jiIAkw=
mgEIP-2FQQQkdjn-2B5vfxd0xX2oYbwKmHBD3vEBtIab-2F0rr-2F1Ab79p3DrXjrvHNIwQH8XL=
QJxehUoYfb5-2FdUQdwvCClXqcTcuKW-2F6wQRHdMA1XpalFiR4-2B6QoMbrgnTpzetEjmMzqt-=
2F6TpszN7Z6OyH6G1fq6Dx6nxIk79qCzCn1uoedTgja2cuSgRaL6HBFR5-2BwtR5asLAXnYumvk=
sltorzeWS29kNs830Zcsqs5RgVR1Rh6UKNyQVGLBa-2Ba6MQ1" style=3D"color: #1D5080;=
" test=3D"" universal=3D"true">Concert Golf Partners</a></b>, which operate=
s private golf clubs, to <a href=3D"https://url6380.news.pitchbook.com/uni/=
ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzU6Xd8WLiXJm=
LmsVGGDk5gtKf-2FpHQQdSsSeCdDy5-2B7y2A-3D-3DntbV_Pr966knuaHmaw6c7pKvB-2BCEiD=
nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlX=
xA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt=
46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPn=
UAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoBJHvg8X37OUtksy=
LxHzGXwPUhdpDM7vKmnLBhC-2BcPbtdiI1jL-2F91pwjLtP-2Bwi5VgLe-2BpI2T1qBzsjtNLLg=
oJ-2Bpvm2epd9hSVyffJuXK789v5F1QHlVKQLuQcwmN6Z5zvhMSeENdO6mb0BEqZuk2hbhmRuHc=
tB-2BFUU7uJmejPkw9vZSTIivYlLxlhxpcxScEPnooXs-2FxuNDKF90Eno1C4fG4WNIC3d3CwhT=
QYnYEBssLujRKYJakUtfcw1Db6tP5j2CVVkAhwHvfOPb452ymfcF" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">Bain Capital</a>. The deal values Concert=
 Golf at over $1.3 billion, Bloomberg reported.<br><br><a href=3D"https://u=
rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF=
a-2BaqM7ONnvsnswouzU6Xd8WLiXJmLmsVGGDk5gtH9d6wks8V8Z4xSOzy-2FnAyg-3D-3D5PYU=
_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy=
6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYi=
s-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb=
7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRuc=
BQrwp8ijaKyXoArJhhD0dbRbT8pxnFYb-2BpQitZbAXWWR8CZTOzUfCsdEQ-2Fpb3bdCe2kRuOa=
N-2FaARLfiOtfcU4lTLcAsPur2lb5lou4wMQ0Z2ZdXF2sUoVI6kszqzcadS9RWGCYsPhY-2Bet2=
P-2FeXlX3qKAoDkr9JzYh-2Bya1-2BOUf8pm73y-2FeVnM6MOoUHXaDKMzWzqfEHEi4f0S2aF8h=
BywdcEcBEWxvKZwcyQX5bx9SQHhaLRl2egTT725gldGO3sCL9HtTUXFSzD0jdYNLnq2LM6wKmJj=
TRWi9-2B1" style=3D"color: #1D5080;" test=3D"" universal=3D"true">KKR</a> i=
s providing $750 million in financing to <a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzU6Xd8WLiXJmLmsVGGDk5gtpA-2BzhCo1zZGA6VBcBrFZ7Q-3D-3D-MK6_Pr966knuaHmaw=
6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwA=
IuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxO=
PuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9=
BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoA=
rhktv9H1ze8iciwTUGo7JfV6qD7a-2FcfPapgDz9MqZsIC4uj8CyqPHEdVpYQya4mZr8tKnYm7M=
Uyl6V-2BFH9O6IowIoGpb1qrNDFka1oZFCuDe3ClsAMlB4EVjOL8ox-2BhDXZ1trhkwthu-2F7Q=
qshosCSMMNGsrVGhg48bdVHO-2FvAq5ObhWqSDgdgzAPsYHFzHpNng3jW9GJ8OEPFcxxOY3DLhU=
-2FslYRV0EQfYnmXKNRgizOW-2Fjr6K2jqcOxglbBNEFxNgv9gv-2FHg1HzWrGE-2Ban1i" sty=
le=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Chandra Asri Group</=
b></a> for its purchase of ExxonMobil's Esso-branded fuel stations in Singa=
pore, Bloomberg reported.<br><br><b><a href=3D"https://url6380.news.pitchbo=
ok.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouz=
U6Xd8WLiXJmLmsVGGDk5gtK070uYiy69KC-2BQaGMDW9Mw-3D-3DJN03_Pr966knuaHmaw6c7pK=
vB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzA=
g-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlU=
lT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-=
2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoAf6dUY=
XjTIS8rBHWFnSZpW99-2BmShiLkZ9gdP-2B2OrPGFMsUCfGIGNdrawnS52bKZmosuYIbxZYfFrB=
Njd03BpKw4KKH01I3fF8SP9APH44ve24naUsiwFUbqls0SdK9-2BhduomV0Dlx8ikWNwXUn1ak6=
zKWccJERPh6d4D1KVEgHFRAZDuFUue-2Bvlf14JafKWRpR4dCmG97tQKwEqdUqvBrgTQ78-2Bfm=
DTwIaJcf2ixUwCn2VqW419Tp3mSHHKYHUncSK5noGM2YU4Xe8snyaRg7R" style=3D"color: =
#1D5080;" test=3D"" universal=3D"true">OpCore</a></b>, a joint venture betw=
een <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d=
4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzU6Xd8WLiXJmLmsVGGDk5gteE12N6Z4ZM=
6qYvU7WNVNXg-3D-3DSNJj_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI4=
3kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqS=
xgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A=
9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG=
0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDLOsXRW8W3SoZky3i2m-2FvwO83-2BZEuTCa9nJ1=
-2FTXZ5J3jBlZINjWO6nPk2N-2BdF961oXZgOa5AObfw3cw6Klo-2F1EeXFV-2FlG51okFiQuiM=
-2BuMnYE49aC8P1Kq4NQKDygAuK3p8nEzdJZlbyJ5WWhtlA-2BN8bqcauDoeVL-2BQArHqIpSkn=
0sKoWP1fDXtMK-2B-2FvKVvV466MAc2SweJeya1ncbAzcS9quLlYlEOgBmAmklgmuwH5WLdMnkY=
7AE9W4CM8j904aCsRhKEYfj1InXL2p5Ut7V" style=3D"color: #1D5080;" test=3D"" un=
iversal=3D"true">Iliad Group</a> and <a href=3D"https://url6380.news.pitchb=
ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou=
zU6Xd8WLiXJmLmsVGGDk5gtPg-2FNEfqUsnqp1oWLPzLEtw-3D-3DdRlu_Pr966knuaHmaw6c7p=
KvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDz=
Ag-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRl=
UlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5=
-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDJ-2B=
TtCkgPCXqlUShNQi-2BfqhyF9eOYjPpDgoD00pjH3D01zxsC2o4FvrD0RO6mfRkdqRcswE-2Fxz=
AVEGgmVdViPiMpixJFVlMzNXK8CQmaBM0vEQjuFWwbnxbHqaTnkKCeFRlxP71OuBlWLtp5rHFMK=
5yitbyZSBhUjM8x7mKtZI78Egp9mv1NELgxpw4IcnyjVbkKXIIfqzKWn-2BrXWymexK99sHP2Ph=
i9-2B4On56FsIeLv5mxSMfIRqKWNam3Mh7QjAywX9ZH4QVVE-2BqnqHRHADJ" style=3D"colo=
r: #1D5080;" test=3D"" universal=3D"true">InfraVia Capital Partners</a>, en=
tered into exclusive negotiations with <a href=3D"https://url6380.news.pitc=
hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw=
ouzU6Xd8WLiXJmLmsVGGDk5gtfkDlDMQbwyJxCfBBqsfcog-3D-3DNMET_Pr966knuaHmaw6c7p=
KvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDz=
Ag-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRl=
UlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5=
-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoAUJc9=
uJG00AFRiiHVnrSft2MmXIPeNm3e577dNUvLdQvYfKj1lewxkPy-2FIqFCX-2BZHsz-2B5-2BVD=
JwxcS32azQ8HLq6mDn6Xgd9ld7-2FftBWQCS9NtqxP0msmbJChYZyDLyxpEm-2BHlJ6mlQg4DqN=
6bYcbMm0BVsHLNwcrhqpsnQMuEOAR9yQaQf9P3roJ2fYTY6bF9EjsIDi1UXC3cpN2wB3ZKZVJ0N=
lzxDqfzsnIT54mXaLN-2B5pYBaiiqw310y1GlqnOVOwTPfMBXiQ2-2B4x2Xn-2BTPt" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">EDF</a>, France's energy =
provider, to develop a =E2=82=AC4 billion hyperscale data center in France.=
<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0=
01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzU6Xd8WLiXJmLmsVGGDk5gtPQxETK=
hnOm04xghfG5groQ-3D-3DHTOv_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4Bi=
QVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT=
7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2g=
GS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWr=
TKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoBeuxzgX5n5k7X90OVG8CUGCYCXAbo-2Fdi-2=
BZEKmBK3-2FrJB5l79zqpHI9Soo3c9lPIwtFwM5wkSSwGWV12YTXxJm3BAoEvdx4GAIwZbSEYRx=
bRPOGh-2B9Ckvjkww8ekD3blKalCeyaZTmmrPSmFze-2BmuOPJueQRsvMZ-2FjT-2BHRi2dw1er=
R8Og4Jg8-2BU36QIluHwnRg7BiNj2jiHYiUBAqbsSVaQLbUPql8-2Fqx4uQ8IggUyXQB6T-2B7h=
OuwWCDWaOAeGzF7Bpus9M7aX13rOAWmRqZyEf" style=3D"color: #1D5080;" test=3D"" =
universal=3D"true">New Mountain Capital</a> and <a href=3D"https://url6380.=
news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM=
7ONnvsnswouzU6Xd8WLiXJmLmsVGGDk5gtEYBQr-2B-2Bz74GQ3RdgSNSfow-3D-3DfFzs_Pr96=
6knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfx=
vl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2Bv=
vH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZ=
RkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp=
8ijaKyXoBKG-2BZBDwSrrLQGMnxFmeTVZ2lknIWVWm6mTqFO7MoIROEWzkCujcs86tGFqP0DCSX=
HC2CEQGXzBpu3RKwDXOruVRHN9gaiXumEuavsao-2B18TBXvHxI8-2F702naSpUwzVzJ9fQ2q5f=
7xmehDBvtNY3xWMP1hwK7O5006ud2oEMU1HAf0pPs2Tao01kgIF23mSYexBUU7YGFytkVpWLzhi=
Ly81FWzoHQ-2FJunWu7vHq2p-2B4TTwj74xGOK95pwbR4YTX5QYKM-2Fd-2FxBiTnXZg9sQsYsg=
" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Cinven</a> held pr=
eliminary discussions for a possible minority stake acquisition in the Indi=
an unit of <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up=
n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUa1gjqYzFLucvC7hagd3xh=
u-2FkwjyKhhoR1SBK8oyPdug-3D-3DqmKm_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP=
-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG=
4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWj=
IXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0A=
wOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoC4ezf4-2FztIdF9GXNIiLD1n1RjQ=
C1YRrK-2FOPsHCWwkqeJgrNcyw2hulSPmCvpGsFDIma71Ckzo1vKUGB7eZblKzukZ4FFF6u1GeL=
7VEy5SqT-2Bktf7BPDKDOUKx1zhL0ZgsC2k1v4WSa2jY8fYAZdjT0fGqt4MFUg3rBYEIms9JAZu=
fo8IP03N-2FrX2pigGJ18wWrhMRnotVZ-2F6jsz7psN6BatNmkrBZoU5RL10IP2e9DPP4jLejxO=
syXmcUTkoBlhAFDp0yZBKvyIfv5sKU03Cem" style=3D"color: #1D5080;" test=3D"" un=
iversal=3D"true">Grant Thornton</a></b>, a Chicago-based accounting firm, B=
loomberg reported.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni=
/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUa1gjqYzFL=
ucvC7hagd3xhTKZwly5vVtDJArFomKETPw-3D-3DSZ8u_Pr966knuaHmaw6c7pKvB-2BCEiDnj5=
UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4=
nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H=
2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAW=
lBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoA-2F2ygZrezMkoIUSG=
F3pnGkIfMtWegVmuHrIBtPiSLbLav2gGVEdAM9MFvKdyA-2FlAaEjeAzBVFIizrAkXsF0etREkb=
CmziLASObG5zsV761hjb1fOxtpnDvzpOg12P7zV5YrgcNue8MNeIzH4qJ8xZyqpaMKIVkd0q82F=
yvKX-2BQ8zFRFeGZDMimqnw3MJcm7bdDRXcvn3EBT3lozGIIG8-2Bnxj-2FdGt62Xn23mQKEiAe=
sIOhXwbRuh2C-2F62U7Awb5dq9nZKm0JVlIJQrpi84Fp0q8" style=3D"color: #1D5080;" =
test=3D"" universal=3D"true">TPG</a> and <a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzUa1gjqYzFLucvC7hagd3xhZ3tiABCg2B1W8vjYiz186Q-3D-3Dugpp_Pr966knuaHmaw6c=
7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIu=
DzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPu=
RlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQ=
p5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCOk=
MTqewUd7Al7baMGth-2BgVZ6rie8k9Apb3NPhXf1mzlH6eYmLQpFEK0F39GVX80-2Bp8udRbsH1=
fVhovQr9GePac5jfhkz7g3G54HMLbLSCfX6VR13DHG77h4zFF2Tx5FG0Cm6tiflaEl5Q78kaKiY=
g54rWVJ-2F9yXXqJbE2hisZV4hhBhizbTB6925HQMU9WrLqIuSAFFj-2Boh5tIaIwVzGli16yCd=
IKPTrxQj8fGp4J3gSD582F93inI-2B7Tx2EBG9t6FfNZAVKSiWqA-2FyGdSvZG" style=3D"co=
lor: #1D5080;" test=3D"" universal=3D"true">La Caisse</a> agreed to acquire=
 energy infrastructure company <b><a href=3D"https://url6380.news.pitchbook=
.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUa=
1gjqYzFLucvC7hagd3xh7a6S5nB5FsMnZEtFOQ2WgQ-3D-3DwaoY_Pr966knuaHmaw6c7pKvB-2=
BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2F=
XfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3u=
SKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0=
dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoAEs7jsJP29=
FSVnhlvYoYJN-2FM3cDojc3Hx5Py0uKbNaBeRffORBW8-2BCByOvlYfHtZT9rB291-2BjFnxCGX=
sSH6YN-2Flzyq3l4w24d0IgYlyTSJ-2BqZtJO-2BL-2BLADqNdyq-2Bs3zcfL-2BW4rFVcVEmJp=
GHE6Oo9U1-2BCK1jJ9ELYFsBOtzecZSzV63txx727IkpbmTI2D7W6Vj6c6ogBxqozKL-2FpRgKv=
o2YL6SP9M4-2FlGsdEVyb9OW9sTXGyC1gImQrPT3SsyyOX5ZFhqaFOlDOCMGNMXRXfy" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Pike Corporation</a></b>.=
<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0=
01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUa1gjqYzFLucvC7hagd3xhR9-2FY=
WNsv4TsvmLgayweN3Q-3D-3DF-9g_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4=
BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphX=
zT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR=
2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqB=
WrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoC3vrr4ea2Bh4zzGe0IFKHiu2hmgT14gW2N=
mr9B1FlGlT7C5tVzfqaqVOGA37WLDeKMOMSUGlfA8S-2Bj8nJsdEIK-2F5btgg1eUimZRBYW-2F=
TxQ43vB2hRZ-2BUkQNNPS3ag59K1AcN3CcpGOGUqUA-2B-2FKEM3bQyeEBIZ3aUyFr-2BW3e5U7=
w3cc3OcSC74hWZd0GBBuONKXqzpkTozfzY3LfTON63ktVDVYjDF88n-2FkB-2BSabCrLfPPQKzn=
VG7WP-2BOc-2FnK7mscM-2BpBCxddCUXe9TRehlgvGX" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Achieve Partners</a> invested in <b><a href=3D"htt=
ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW=
Irf6GFa-2BaqM7ONnvsnswouzUa1gjqYzFLucvC7hagd3xhR7R4WkcQLVd5mHki6kq65A-3D-3D=
iHuC_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE=
1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2=
FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV=
17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtB=
ZRucBQrwp8ijaKyXoC20VoFXRHVwPxxdvS9HDJkgBWBKjjSxQhY4RosrXvL4YI9EBxEhdBiER0u=
LKzlPdX7zHp3KEZCyxyJ092d5z3Urx9g54MHzqwee39Kf0E8xgy1-2BPk4lA4i3aVteTIhxw3Ap=
1SZSnTi2hbM9PzblIAbZNFCYbW9eW2jRIo61AUUdiwvV0B-2BzH-2By-2BLAsyGk4R-2BU1nGdj=
4EjnCa2I4ud6FW6zQs6uP19gtfV-2F9DY9Dlh8U0zXhkVFwCXeauw4BxlXWC72U0exOtosoPBpE=
A0nOtYH" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Beanstack</=
a></b>, the developer of a reading incentivization platform.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Exits</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUa1gjqYzFLucvC7hagd3xhHwDosVddxxIuR74Zg=
E4VoQ-3D-3Dg-7Y_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf=
8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j=
7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqg=
BlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGb=
LCRFT2POmtBZRucBQrwp8ijaKyXoDWzXUbdPz0r96DenfWNek0LTJpTpI5HHO3dkiu4T7VSDZE3=
67cFVd95Q6VBPnImSmahYAc0fdB6uftUwAml34OO5DnjIRLdcWVcqp7aEjj1-2Bf1SLU-2F9upi=
DSnSRgqaatWMQtEb2FwRNevDrvuDz2n-2FFUu6ZgYiBidnPObsTr7PWgssES18stpc4eIk3IAWN=
m-2BtlplfmbqL-2FlLlOoOL1GwCiNKzgYK1xX-2FF1YbDAFMcahfkYFr-2FEvp2OjPPNnrNUN5A=
3J42K2gbLTkFK1diZI7c" style=3D"color: #1D5080;" test=3D"" universal=3D"true=
">Halda Therapeutics</a></b>, which develops cancer drugs and is backed by =
investors including <a href=3D"https://url6380.news.pitchbook.com/uni/ls/cl=
ick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUa1gjqYzFLucvC7h=
agd3xhRrboeZnI70l8cX8-2BYfAhuw-3D-3DrDaD_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ=
YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnP=
KvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQ=
cnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSq=
FdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoB-2FzC0iLT7J5g0kKlaLE4=
PiXRpcNHNERb3yYZdUl5HZakgTwQeqOHR4iu-2BYnj-2Bt7XRNgW-2Bv-2BnQbQzVJfCw4Q-2BQ=
8AlaXZaR-2FW-2FcdAh4d7pHh-2FY-2BkKxKOyweVf3mJE8TKpNXO4rUsXT8vwyYPCL-2BYELjT=
tHc232pFYkAfhz55zm9c0ZbTc8NrPqkpIguXw5qIYM2EtSc5yAhE-2BlAaTHImJtPPhjB3ITs-2=
Foik2P-2B3QIQRv8Oumez2jaRxP9D-2F7tQDvkxRsTRdWSzeAWk20mRQ-2BZIyX" style=3D"c=
olor: #1D5080;" test=3D"" universal=3D"true">Deep Track Capital</a>, agreed=
 to be acquired by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/cli=
ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUa1gjqYzFLucvC7ha=
gd3xhtVRWAIvKk1UqWXn0SwQtAA-3D-3Dcn9I_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0=
YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvK=
yXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnw=
pWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdn=
S0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoAiPxk3RMwHVCQEUiTKBdVXQgh=
M4HObGRVju0M-2Bi-2BEoKyHlqNOfgqYX-2BPEWe19GO1ezh4anS-2FzAiYk8C69BzZmiQQVfYw=
8rIYPJyiIOk6x7gPyFdpknOVGcb3l5WB9SDl85bJgatHn8Aend70JfT-2BcOpGrpI4DdCCrluEh=
lV4A6MXqdLEkXXIsDK-2FOJmO0AI8H-2Fmy2sS9FLmnA06znF-2BFGOEmZy60BDTCMaQ2wNbFjn=
II1vvPMz4qtefz8PVWik9ILPpejQRmgWbMiEZcutghgs" style=3D"color: #1D5080;" tes=
t=3D"" universal=3D"true">Johnson &amp; Johnson</a> for $3.05 billion.<br><=
br>
                               Nasdaq-listed <a href=3D"https://url6380.new=
s.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ON=
nvsnswouzUa1gjqYzFLucvC7hagd3xhEzsMgnSd1Ni3RRUXvcj0Ew-3D-3Du_N2_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITf=
wAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZ=
xOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSua=
H9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyX=
oCQi0kYpoVJ7NOK5lvrLr4-2FpoCOYsAQWGve2n5ESvq7OQq58-2FrSIleXOz5Bz3i7XazLShy1=
-2FcchTRrD0TGmL6omGJHJZB6YiYXe0717Tzn2gvsOSnbi92kEAm3B-2FED6YsmVVW2s5GX3gR4=
zjWWV3JnpwuKpMAOtDpzQhV8TAwjTxvuNDOqOYsAWT1NKAWL-2FFcU16wsH1F4ROwhRt7ZOIyRt=
5UW0q-2FZh2KTuCDlLxa3r4f1mQ-2FM1X8LSTGs1vjmmLk3M0jXubmB8DpNQJdnCcuig" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Gibraltar Industries</a> =
agreed to acquire <a href=3D"https://url6380.news.pitchbook.com/uni/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnRCwxOTeH-2FHaHhC=
zv4Z97fUmP9xa2kWgyKarlw4XbTg-3D-3D3gzO_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL=
0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKv=
KyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcn=
wpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFd=
nS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoB3l7caMAa5WNuEtuizRbRcW1=
CuBegDG2qzbaZNzwsfNGoGW-2BXXF2t8J-2BERrEobFUP7Gg5iaAKBWBSJzKmLEM7Tf-2BbxUXg=
ckKmXiGDeZ0zcb7jx-2BV43D7Lu4lDuJMRTayRbTgwY28A3nkP0rX8xJZiF-2FGnnaCbiEqnmkv=
5xGDxhuu1hVY7Wq10nB5vjsPMRxdKAsSLanJpLpLSqVhBFyhvNctgAKEqET20-2FC0-2F-2FuWL=
4mJKaICv7Vl-2FT765tHQ7wevK2adDonanVxI4l95F8GlZP" style=3D"color: #1D5080;" =
test=3D"" universal=3D"true">Strategic Value Partners</a>-backed <b><a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnRCwxOTeH-2FHaHhCzv4Z97veHLH-2FVwuHA9NZUBC=
AJ0yw-3D-3D8rut_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf=
8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j=
7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqg=
BlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGb=
LCRFT2POmtBZRucBQrwp8ijaKyXoC09T7t59iPeVUU2ZXlwdMSr1X7qcrQFhwizJr-2F6CFqdku=
W6s-2F5FYSceRvrFWwfEqKeRcPVMrSjA0v1SrDwdEPLvalNMYtXyyUg4TVFeIGaiMYeolTyMLZQ=
-2B-2FApoIPz9FJjzmMwcy9Dli-2Bg4KX012z36qo3o4BCrkbEphqRW2cQVrczoL-2FR5LzdmxS=
Kn4-2F-2FSOQ-2BrSNeBMm982cz8uNzeb8SfmZYouu7YvUCLT9ggD495ICcIMVCusu5Sd1-2BuV=
XAQxXEtzU-2BVxqE-2Bq8-2BS4mfCvjc" style=3D"color: #1D5080;" test=3D"" unive=
rsal=3D"true">OmniMax International</a></b>, which provides roofing solutio=
ns for residential buildings, in a $1.335 billion deal.<br><br><a href=3D"h=
ttps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7Sp=
SWIrf6GFa-2BaqM7ONnvsnswouzXnRCwxOTeH-2FHaHhCzv4Z97dGOiEIHrw8AsdgMTXdRbpg-3=
D-3Di6sH_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68N=
VRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6B=
H1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0v=
VYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2P=
OmtBZRucBQrwp8ijaKyXoBnkURj-2FNQ2AOQyNqOA9M0A6hC1GJpLOPvIFDm2fNisAVLbEyEqJx=
O9f79DI0LtvBXH0sFCIIZRNofoQB3R0-2Baj9owZ5uBBbAyVoEQvCnqpuIlvL0iOJk50plCW72H=
oEXMQdpZS37ftkPWNPPdVrhKNW4zJBqxj4K0qPhqNeMn-2BSuPe6dWCMmfCItMLv9LzwaE86MYV=
UCNye6rFf7SALlEzZfx5OGWbj8Ji0ZOmnCgQM47mWOP78MvHQ-2BEkO1h5bB3kjBl6-2BsXqrap=
eFDrJTMIt" style=3D"color: #1D5080;" test=3D"" universal=3D"true">HIG Europ=
e</a> is preparing to sell the restructuring firm <b><a href=3D"https://url=
6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-=
2BaqM7ONnvsnswouzXnRCwxOTeH-2FHaHhCzv4Z97TtBFtyHltoc1-2FCezMEhkqg-3D-3DzAuO=
_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy=
6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYi=
s-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb=
7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRuc=
BQrwp8ijaKyXoCxM1tahsd2FQqrjBrDlXg3tX8ztBCXMhLOb63cevJWPnFbDMOt3u5XdkymAm-2=
FDQmCC6whLaPcTZYUGy-2FYharvgXBRs51W9HsIV-2FY-2BygJiXPX-2BMLjJnFJ-2FlOS1H8w5=
WA7F7Q1-2FtCl41qASDVo3pKabaaSQHx0DuxA1C1-2FJj-2BTV8pAwQSoBi88EnU9OxvvB81diK=
x-2F0se6INLjDjDLvHrqyluWi-2B-2F5mnI7v-2FnWoKcycqQluSfE6WYwHJ0CTnr8LvK6HIrHH=
qZ0gQndKTi0Gjpnbt" style=3D"color: #1D5080;" test=3D"" universal=3D"true">I=
nterpath Advisory</a></b> with a potential =C2=A3900 million price tag, Sky=
 News reported.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls=
/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnRCwxOTeH-2F=
HaHhCzv4Z97oZ56jtygwKCK0R-2FiJhGqng-3D-3DsiT2_Pr966knuaHmaw6c7pKvB-2BCEiDnj=
5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA=
4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46=
H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUA=
WlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDN8p2o-2FUiYbeGWJ=
brFQgxshm3LlI5V1grKrShtmTyLxyhaSPM8se30gqXcoyWvWHhkMlo3RoCHfH2hNV9obLRfP2a9=
5eZ644BKn3dHRRBkGuqlFe095eF-2FScdKl7M-2BPQk1ccqnkE2-2FCJEpWHs2hEGh1nBV3wCgo=
N46f0EfNjwxAa715BsE-2FP-2FMMpjY597teHtUMxV6YtpohpAhRn5hXIkqK-2Fac2dJMfivipm=
gAmztO7EUfcKzrNkd7j53qmBMf2bgKp9iMYd65K-2BzCDk-2BjW1Ju" style=3D"color: #1D=
5080;" test=3D"" universal=3D"true">Sheridan Capital Partners</a> is explor=
ing a sale of specialty pharmacy company <b><a href=3D"https://url6380.news=
.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn=
vsnswouzXnRCwxOTeH-2FHaHhCzv4Z978DRBazGdVXMYSZGzbmT4yA-3D-3DAwTX_Pr966knuaH=
maw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DIT=
fwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJ=
ZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSu=
aH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKy=
XoDXJbK4VyQ3-2BG6cnytPeUf-2ByObHC1pAgdxEKQU3JMUAfGqL038Rqo5nqqeyPmVFIgsbfcI=
ptC-2BAGzkD66D6vf5o5TlWurxndaIgzKXa-2BmdE5BkOlbogHE9EiHlq2RwsplFmuuylLogP-2=
FHs9WSWcJ8mDL8rSa7ATDRlqRuIQ0gmRNfCb-2BjDWi0Kza8CnhhyK-2FYOGKOfu-2FSwuOgD2W=
B4VPCNiRKbXlMilIgT9iwROdAbnmwL8rO5SfGsNOEjZsFNUJAkheuYtpLuNufYmDYX9SpBf" st=
yle=3D"color: #1D5080;" test=3D"" universal=3D"true">Tarrytown Expocare</a>=
</b>, Axios reported.<br><br><a href=3D"https://url6380.news.pitchbook.com/=
uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnRCwxO=
TeH-2FHaHhCzv4Z97xdSjXmy8F0O5TlNNXAwsJw-3D-3Dl-Sm_Pr966knuaHmaw6c7pKvB-2BCE=
iDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQ=
lXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKM=
pt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dOR=
PnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCgO6Z1-2BTyAk=
iAZksPzndsI0zz391UssqwYTZGAWphLD5itInTB9Zhq0q0o0i8bcBQ-2Fdt4B6KGrOJ7x894ALf=
yIYBIErozxo42JCgua-2BEfXmEck-2B583VWgg-2BW7XpX8cp2Gjy7m2dQBf7cVwMXxLnoYuA-2=
F-2BFem0zhqid9AHlZj3eDgQ1bFX-2BrXn1UETxTKtWJv62-2Bnzrnpx8OuJDF7fBxyqSONNa33=
HLihvQXRL-2FtNcSX1TZqxmqGH8YAZHGnNtK91-2Bnlosw11E6FklW9hNW0qM-2F" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">ADIA</a> is looking to sell a=
 5% stake in <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?=
upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnRCwxOTeH-2FHaHhCzv=
4Z97jLVh96x66z11W0YHyWQTUA-3D-3DshKL_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0Y=
QP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKy=
XG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwp=
WjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS=
0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoCvK4tv5C-2B2uE8y6Y8wFEHyC3=
VEgNpeDN88UFOLzApc9evqDN88T4h2ckIdBzp6TFuNjI758J5a6L9CUwq5xoJo6tIpIqq-2B8GT=
12DPxNHdOdvr-2FvaimE7PV1vBYruwbq-2FphBjw3yCJSxwDjTH7b1SGLYL4TokLV0g6Il6SbJk=
tQv3tD4m4U-2BnHu6F-2B-2FvoYCYClflJen-2BgmBhz2-2BbZirbthR1zVgsAW5GLsqGog8NZ2=
Ls3eIHA4DEnILfdRoJM2kNQH8M1ZwWNohQvaSVWC4-2FbDO" style=3D"color: #1D5080;" =
test=3D"" universal=3D"true">Ooredoo</a></b>, a Qatar-based telecommunicati=
ons company, Bloomberg reported.<br><br><a href=3D"https://url6380.news.pit=
chbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsns=
wouzXnRCwxOTeH-2FHaHhCzv4Z97ku8QxLFZHWi5siFQty9NsA-3D-3DLgDs_Pr966knuaHmaw6=
c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAI=
uDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOP=
uRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9B=
Qp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoAG=
t9BwKsCZ85BeDE-2Bu-2FUaEC1P-2BItkbFsRI4XNDLK64ZlR9iqlticMQDxMgN2tiAjfVm783N=
YJYZqa2q-2BnWG8BX6Imnn-2FOc-2B7lhAxqaXNXDCjMKljz-2Bh26Cvlc2wYOqpkxQPp0oxbQE=
JwI56duQn5FzPIniufmnS5ORjXU3-2FDbSPVzRMVCJ7He7DmMPx36imfwIA4odYgHKxhgOIQ9tg=
KeSlfBtOqDOxtR77YtyjYvj7mrLhpaH7PoJPdVBnxmIqAYb33b5N9ZdNb04RaWGlg97" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">AE Industrial Partners</a=
>-backed defense-tech company <b><a href=3D"https://url6380.news.pitchbook.=
com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnR=
CwxOTeH-2FHaHhCzv4Z97xXixBQdqOrhCQ4uN5rmFtQ-3D-3DM-Bx_Pr966knuaHmaw6c7pKvB-=
2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2=
FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3=
uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb=
0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoD-2B-2BUg=
Rj8CcbQCUFr3NG67fM4fHCIV0bib1J6kQEWl6l7wpw0lgjjTj5GIlwNzmIn74bdBnbQwItPwDng=
e-2B97XIVIxXD-2BWVboe9ldACMgV4JN0xf-2BsCDBJ-2FiwIar01l0uRAzuUSOlnzT6xcaBHcY=
0cCTTWMnyAoHQAMOscL3TjlBb-2FcYC8HOAEHF-2B66VRHgNv4dmtMiIY4F0lEfpChva4dIHLIh=
monBx6RrsKork0p3ZSF4IQjMJPVaAbt6gWRn4UV9mU4rh6BH-2B0d0ei0m-2BJfs" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">York Space Systems</a></b> fi=
led for an IPO.<br><br>
                               Nasdaq-listed <a href=3D"https://url6380.new=
s.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ON=
nvsnswouzV0KHNRKvehiKrh2gEr8qx-2Fr-2BgbzfipuJJYQy66atjQZg-3D-3DhvEj_Pr966kn=
uaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3=
DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7=
vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkk=
jSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ij=
aKyXoB4VSphSDSF5ddoZGdUMr0eGJflIh4lOexbh6UEQGqtGuZyFcxm0nP-2FH3PxmCdiZmBYCn=
zSowmOGKAMGpVl9rY-2BmGdx5JKGW-2F2SB7iwYg6jwJGNAonQYclu-2BpHPf16sRorcJMVB4zo=
PfIODWAwHUL-2FKaRmfuttqtQmXOo-2BH0zjRwBhiriaPS435V18VYa0fG9Qz5h7duanM32DBGK=
gPILu9AoT0mndCkD2UBIvYM6u-2FWi0BOGlEX-2F0MdX-2F2dwpFNC3sc-2B8ZDfTe4mvoyNdqh=
YFC" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Cisco Systems</=
a> acquired <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzV0KHNRKvehiKrh2gEr8qx-2=
FL-2BUjOso9aBkm6dDo48ZdjA-3D-3DBh2q_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQ=
P-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyX=
G4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpW=
jIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0=
AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoBmQuxmdJc5gStsEyMNDxxwo9jg8=
59jcm8G3aipnaxkkcxbIxZG1QGjkzYEjTu2N9Q9BGVroL-2FYK-2Bo0PwqOdm-2Bam-2FyHFjwv=
rDQqgOt00-2Bajty8P7vEJhyYDJPlYaFqlPmTrW2ZnH5GUivBCMRtLL3QbpzV9tDH-2FUVReHek=
tAmo44TSdO-2BZD14deOlJtEcclU3ZupB34eggjotheif-2Fv91TZjwyRyE1vKKkRt3Tz4T8CH0=
vrZ9gY0yb5WpLFJYI-2FJ-2BJJgyh6x-2F-2B6TFkSy3NN-2F05I" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">Y Combinator</a>-backed dubbing and trans=
lation startup <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzV0KHNRKvehiKrh2gEr=
8qx-2FmtaErHDGjqUZ0xyyg5b1MA-3D-3D-zOe_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL=
0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKv=
KyXG4BgphXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcn=
wpWjIXDHwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFd=
nS0AwOwbqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoDCwZioMkhd-2BDYxhkPrLD-2=
BiaSEj4sUuGz2Yx-2Bw5uvFIc-2FcWTOFOKmRILTsG6QANdvbbRwDvMOo15Thg2Z-2B27B5gvIp=
RAWg5yYMoq-2Byrbe1J2-2F6iCex8R9K9wlLgvUiINGk7CpDvZNHXZE1UvTmlw6YV32BEahLx-2=
FJa2RHZ8-2Fpnh1Y51CMuqm44dh5Oa-2Bh3waUSsi8gjuPlA-2B7pJxrHjiSP1ERGkS-2FMglkf=
iLo9xE9PRxfXha7U-2FEKKVztM-2BJhAfi0A2KHv7vRBOtkDnymTon7Ny" style=3D"color: =
#1D5080;" test=3D"" universal=3D"true">EzDubs</a></b>.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Fundraising</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Texas-=
based <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du=
001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzV0KHNRKvehiKrh2gEr8qx-2Faz1=
TJl-2FMgwOjft4l8lChrw-3D-3DOXDk_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2B=
HR4BiQVI43kbMcVf8UYA68NVRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4Bg=
phXzT7zqSxgQuA6j7GnlN6BH1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXD=
HwR2gGS1A9MJasqgBlBPi0vVYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOw=
bqBWrTKdG0v-2BGbLCRFT2POmtBZRucBQrwp8ijaKyXoBr8heMVX9jTXVCsNgxfM1n-2BJ3D-2F=
HKsUWGDBHJj3zQOCwXy-2BK5k5NCjZzBNvI0t5DgwUKpvXIaENoOMWdPPU7jWg0S8nAuaJL0Ao8=
pZGd748D29N60O8XW30-2BbI3MVlxpcIRSNRZHKLGC9DPl0gPMHJES3krno0rRNSydAU0RjAy5-=
2BYHXVgJ2cgAjcFhPz9BStuoQNIsOPaiHqlBPFgR-2FhZ5CMz2T3qMjxdLL-2FUW6FdRYLxFViU=
rRyYZc2aC0UaHZfwcz-2B28VfonMP-2B3o1KXqls" style=3D"color: #1D5080;" test=3D=
"" universal=3D"true">Rockland Capital</a></b> closed its fifth fund on $1.=
2 billion. The vehicle focuses on acquiring natural gas power plants.<br><b=
r>
                               French life sciences VC firm <b><a href=3D"h=
ttps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7Sp=
SWIrf6GFa-2BaqM7ONnvsnswouzV0KHNRKvehiKrh2gEr8qx-2FCVsL6JbhX8vq5IyIDEaPBg-3=
D-3DbxP-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68N=
VRLE1eOy6wZfxvl3DITfwAIuDzAg-2FXfQlXxA4nGnPKvKyXG4BgphXzT7zqSxgQuA6j7GnlN6B=
H1-2FzYis-2BvvH7vGJZxOPuRlUlT3uSKMpt46H2UJQcnwpWjIXDHwR2gGS1A9MJasqgBlBPi0v=
VYMV17qb7PACZRkkjSuaH9BQp5-2Bb0dORPnUAWlBSqFdnS0AwOwbqBWrTKdG0v-2BGbLCRFT2P=
OmtBZRucBQrwp8ijaKyXoC8Tm5suR7aSnt9GCib5YCD3TyX68Ag21zDDzsXOk64Tqc63ixDwFUc=
QHWP3ZpPCxbI7pZ8y04WbjwJVOlnobOZ-2FPhzF2-2B5KW0aCSEDGZzb3fb-2FabpvpUE1YBG3A=
mKcsxCUJckyV-2FWIg-2F3mxA3wcubsEXCEF94OWXIimHD9B6mQdEKHCsyjsmCE9Wr7hjdc3iTK=
6jgOBTtYUFVKJ2Ew6NMs65ehYeOqcAaY-2F4VZeAGLO9EGNYd6lyaXpZ-2F1iYsCrTyz3Z4CRFJ=
ynLIYAWVbTRvo" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Sofin=
nova Partners</a></b> closed its 11th flagship fund on =E2=82=AC650 million=
.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Chart of the Day</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
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