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ons of VC secondary firms</b></a>.</td>
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20px; padding: 0;" colspan=3D"2">&nbsp;</td>
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                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574978" id=3D"n_574978" 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%;=
">
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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;"> Just 4 deals made up nearly ha=
lf of AI VC funding in Q3 </span></td>
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                          </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"><i>By =
Jacob Robbins, Technology Reporter</i><br><br>
                               Just four of the 1,086 VC deals recorded for=
 AI startups in Q3=E2=80=94funding rounds for xAI, Anthropic, Nscale and Mi=
stral=E2=80=94accounted for nearly half of the quarter=E2=80=99s total deal=
 value, according to our latest <a href=3D"https://url6380.news.pitchbook.c=
om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcB=
TiPF3Cs8U6zhaMYAia7MUKYYrdYIWRuDF0QDYO6Q-3D-3Du_J1_I3w5d9c01gkD8gLzFEofZR-2=
Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt=
4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9=
gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBO=
tRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8KG=
MKlv7BSB5yjHMGucDCg9dZSXQGmdxiNFrwG-2BlzmJWMcYzTG0BKWxe5yOzBio9gHLLRNnQR9-2=
FPyxJjMq0SLFqgfNedwf7SFEG8aWtXLue8u5wfKeNd9kfjNxlJUELmi4YTbBGzev1pl92m2Axe8=
nZ8ioTadkV7w642o1ablP1kduDzV3n14-2BW-2ByAhfg2AaNa8wnexCoFIgDc1ihg9LeCKDNOik=
ABY9IvFvPongbcdqX-2FZ-2Fix3-2Fa-2Bc287gvb0aiQlyof6hlmLSmywpxoLYBmEd" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Emerging Tech Research=
</b></a>.<br><br>
                               As fears over a potential AI bubble fester, =
VCs are backing fewer companies=E2=80=94but investing heavily into that sel=
ect group.</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.=
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cbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s=
-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudG=
mNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-=
2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8JsdcAnOY-2FvQ-2BGgVJtIAy6U3Zw=
Rp5bzYkxWbzD-2F5SDJOHkzTNbOaq4aAP0GVwvcFyxwewfMJlrNFpsizXE1SwdiS1io39gMyM5n=
pnysGjgVCtWOCyfWLRFlH6W6DBlRDAOPDTiwMvnSwcvXWIkaybHNDGr7I3JC0nx9gVOfbE2g7Ph=
IKXXfopu50Hw9Os3kWnhf1E8Au80DAxtQ9863-2BuKkH2TZQQlkUJvaEeCRyrZj3R5ijz-2BZ-2=
BZY-2BauCbb-2Brf306kyveXxYbS3nEEkp3FRgOx" universal=3D"true"> <img align=3D=
"center" alt=3D"" src=3D"https://img.pitchbook.com/news/71545.png" style=3D=
"border: none; max-width: 420px;">  </a></td>
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                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
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                              </table></td>
                              </tr>
                              </tbody>
                              </table></td>
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                              </tbody>
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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">Invest=
ors are continuing to pour capital into startups developing large language =
models because nearly every AI application will be built on top of them, ac=
cording to Dimitri Zabelin, a senior AI analyst and author of the report.<b=
r><br>
                               This segment, unlike companies developing ap=
plications that use AI, or vertical applications, has attracted the most ca=
pital by far.<br><br>
                               "You could say, we don't know who the winner=
s are going to be yet at the vertical application layer," he said. "You're =
fairly certain, though, it's going to be built on these foundational models=
."<br><br>
                               Anthropic, xAI and Mistral all develop LLMs.=
 In July, Elon Musk's xAI raised $10 billion in debt and equity from Morgan=
 Stanley. September saw Anthropic raise $13 billion from Lightspeed, Iconiq=
 Capital and others, while Mistral raised =E2=82=AC1.7 billion ($1.96 billi=
on) from investors including Index Ventures and Andreessen Horowitz.<br><br=
>
                               But then there's Nscale, which raised $1.1 b=
illion in September from investors like Point72 and G Squared. The company =
is a GPU cloud startup similar to CoreWeave, which rents out remote access =
to Nvidia GPUs, allowing customers to train and fine-tune AI models.<br><br=
>
                               The "picks and shovels" play is gaining more=
 traction as AI continues to devour computing resources and prompt the buil=
dout of data centers.<br><br>
                               According to the Q3 research, more investors=
 are focusing on backing AI-specific semiconductor startups, with funding e=
xceeding the recent historical average of $1.9 billion. In Q3, overall deal=
 value in the segment reached $3.8 billion.<br><br>
                               The surge is driven by an understanding that=
 there are more opportunities in the AI space beyond just LLMs, Zabelin sai=
d.<br><br>
                               "Thinking like a VC, I wouldn't put all my m=
oney into just one of those [LLM] companies," he said. "I'd want to diversi=
fy."</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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aWEFwQ9g2udAqlfcrEcfczmwb0-2BLox1dz0z8cycb2piiu2YhCuVgqHhRQrSnnIIZgvkbQJMT3=
9M-2FZN1oU9O69LVPOcPGXSyo1-2BbHylwJ3E4B4tC9ygXH7mgidfrY8QzEHX769e6Fj8x4KRpE=
CGcfPRCX6nJjocTj-2FO" style=3D"font-family: Roboto, Arial, sans-serif; font=
-size: 18px; text-decoration: none; color: black; padding-left: 3px" target=
=3D"_blank" universal=3D"true">Read the report<img height=3D"24" src=3D"htt=
ps://fonts.pitchbook.com/newsletter/arrow-right.png" style=3D"vertical-alig=
n: middle; margin-left: 8px;" width=3D"24"> </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 25px; line-height: 25px;=
">&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></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>
                        <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
">
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                            <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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                          </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%;
 ">
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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>Rel=
ated story:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/cli=
ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zha=
MYAia7onX4nuhoQ-2BqeMfOYohA5g-3D-3DoHeH_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB=
RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlx=
wlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRt=
C8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR=
0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8Jk7eT6WtlBHL-=
2FrU2WCPHgJasFO4GBgxIiSuoG3EfjAY5jAW-2Fzd0oqmQ4Auy6WgG-2FP9ktH3rvQzaL-2FnwE=
wC-2FJAVZ6HkppXJbHLuyMvJq88uJTgpfnX-2BnAKcYg-2F8EiCFt8wBLZgIl-2Fj8K4AIs6EbA=
vn96hw5h3A16gEmVaTElJSMLX-2FtQNIXo5MwFethriygemfjfyCaf8W5I0lB1HQnZ9fqjgIiLp=
dAvZMLZzcllAj8wzp2fSADmmDx4B2XqluLg3ctz-2BWddKGUVLM3nIi4oKDA" style=3D"colo=
r: #1D5080;" test=3D"" universal=3D"true">5 charts to help decipher the 'AI=
 bubble' debate</a></b></td>
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                              </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 Oracle NetSuite</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_574706" id=3D"n_574706" 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;"> CFO of tomorrow: Your AI guide=
 </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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                              <table align=3D"right" border=3D"0" cellpaddi=
ng=3D"0" cellspacing=3D"0" style=3D"float: none;
 padding-left: 15px; ">
                              <tbody>
                              <tr>
                              <td align=3D"right" style=3D"text-align: righ=
t"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B=
rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiabTPij5X4x2HD-2B=
nsuQc-2FEvQ-3D-3DgPXr_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb=
dWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2=
FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmN=
SyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2F=
e-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8LGNDmnT-2BHLyxl8K7gMyzvA-2F8MmK=
y90dBcyOaaUUeHyY0dyRP8Jb65-2Bmsv3LyX3XoVlPLftimocSc091W-2Fd-2BVvPOx1Ny8R6tK=
47VP4h7C8E7VWZOwqKGiXrS3-2FLOvpvxOlWAlx6g-2BwvpvQi2frFm2syf9TOkv-2BJ-2FJ9wF=
uJKx8kI2-2F1drkzQKp0R5GhVIA78XLYuPPzdSUh3ljku7FYIWhejgoAUVM3xjefPQxg7sPuv0M=
i936os-2F-2FEARh5T1mp4O-2F58QXIjfhwnn9JyfLVzDIkU"> <img align=3D"center" al=
t=3D"" src=3D"https://img.pitchbook.com/news/71237.png" style=3D"border: no=
ne; max-width: 420px;">  </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table>You don't need to become a tech guru =
overnight, but in order to position yourself as the CFO of tomorrow, you ne=
ed to understand AI=E2=80=99s potential in a finance practice.<br><br>
                               AI expert Glenn Hopper breaks down the roadm=
ap in his best-selling book: Deep Finance. Download it for FREE today to le=
arn how to harness the power of AI for business benefit. <a href=3D"https:/=
/url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-=
2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiabTPij5X4x2HD-2BnsuQc-2FEvQ-3D-3D-77U=
_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhv=
Kobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6c=
lU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQ=
FbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP7=
9U-2BfH-2BZYkQDxiijxTO8IBYJ933olfYDc-2Bw-2BJJhRHCCtUf4u29Ry94Pc8PbSR6u7XFan=
MtW-2BQlyn-2Fiue05hR-2BWTaeQUQzzE5KSLwa21SyRDhidf9UxDGHPIGlcrt0aBv0dfrQsazo=
01WDD7KNARQYBaFhc-2FviO1MBPadWvUbLSuP11mnsXqbqPhTUnvIKPUGzLq1-2BqbU4eYa-2Bi=
CjE5LpO1Fln-2BcFLOIrgy9ZWbwZE4-2B1P-2BJyU1QXw2f03Wuq7aMSWTnNDbveFZCm75Mc1qy=
V6e39vIqMEeUBz0IlsUQOFC" style=3D"color: #1D5080;" test=3D"">Get my copy</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>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>Revolut has reached a $75 billion valuation following its fifth shar=
e sale.</b> The deal comes as the UK-based digital bank aggressively pursue=
s international growth, recently pledging $13 billion to support expansion.=
 <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7=
3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiaTcZl2q2nAArls=
YI2nirzAQ-3D-3DchQJ_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdW=
eUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FY=
ICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSy=
KgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-=
2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8KR35AGU4kmMSQsrwgyQN6x7eEB1FbIzUn=
1e3ewbwR-2Ft5056FJi6JVxqRA9-2FpF4RDnFYiCilyP44AD8yxo1mGC3maAEw0iGgo6N6YQ5-2=
F8KzDHPOT6E-2Fsh4MI4QpDqzk1PUh1aW5cW0aRXkztinIdsDxiDJ4rMSVnM4UppgATdz4Pzv66=
oOe5W-2B6PwHAq6JznLUYtLlkVgNxB-2BvfqZfOEh9n4fJnR1v9Uvg-2BV9E7EZHHwjRHNSYe1O=
PxuUvjhoqYXYkFoLQBFX1-2FnprNk118fV-2FK" style=3D"color: #1D5080;" test=3D""=
 universal=3D"true"><b>Read more</b></a><br><br>
                               =E2=80=A2 <b>Our recent Global Fund Performa=
nce Report</b> covers the selective momentum in Q1 across private markets. =
Preliminary Q2 results show real estate landed its strongest quarter since =
early 2022. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiaS=
WrEU-2FEWkaR-2FpK9y-2FQ-2FlFQ-3D-3DElU9_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB=
RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlx=
wlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRt=
C8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR=
0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8KRBRPcumxcvSG=
MV7rMk3tg0PHe0nhzWImUyDKQ8ahxd6xjD8sn-2FHlSftlhYBH-2Baa7-2F0tGBjtuCkuE7j-2B=
s-2B7OUb4vwvhshqHoyXi3Hw1vU-2BPn8MPMEX7gc7bEhX4MghCCZSqgDXQV0cn5IKsDKLuHcko=
1nz7BAoumZHGvV-2FAkZd7nvjvm0zE-2BT9otXWBqHuoyDS1rseR-2F3pVIZfCKkuXf5wyEVkzV=
fjIkPWM9hFxp9ssuwTBmChl-2BxObvULNLSYdMxXHtQKU9GvPQFcUOT8CpBx" style=3D"colo=
r: #1D5080;" test=3D"" universal=3D"true"><b>Read the report</b></a><br><br=
>
                               =E2=80=A2 <b>Startups focusing on animals an=
d robots</b> are bucking an overall slowdown in VC funding for the agtech s=
ector, according to our recent Emerging Tech Research. <a href=3D"https://u=
rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF=
a-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiarFkVLkk7up4wM1X5zveAMg-3D-3DvJNZ_I=
3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKo=
bkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU=
-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFb=
gZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U=
-2BfH-2BZYkQDxiijxTO8KZxjDLYLSZfjteVMGxaOkC7QGZmy4CKQ-2B43n1BV-2B5-2F1nqMfk=
Hr4UrNfs8F0HGRjJFSTqeh-2B9ZVgesPC-2FQeBzyN-2F5H20b9FBNP7xy8-2BTnlaK-2F8Rifs=
pFBoYVnLPpfSlscJ-2Bu1dD4EIfAMZywmzEgJaYj31k7rEeTaSyaaBGzzXP4uebhVltpJBZPOBL=
Y-2B1cuv1-2FjQaqkrzgA8UdfYaR1wJ-2BIzRlOMi24IWDRyeKMq9JE4h46k74Wk-2B2FR5eMiK=
1mcZMeZLJwEvJEqmZGrG0-2FXa7" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true"><b>Read it now</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" 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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                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574975" id=3D"n_574975" 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%;=
">
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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;"> Wall Street banks snap up vent=
ure secondaries firms in liquidity push </span></td>
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                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
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=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-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiado-2B-2FE=
P5ts-2BEDetZzaS9haA-3D-3DU8rH_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F=
3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy9=
2Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6s=
D5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2Be=
yvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8IWS22fZSedBD0TA3c5LnORL=
Mrx-2BZ5YbGoOso2lkGsxIrAKFOIbaztNzWEEJZg2buf65jo5-2F1IMDVB-2BqS9ZextzgrsDOU=
e9Ovr3wjod7o8YHrXFF-2FPhZJWKF8oum6CXS4oU6I3UCwOTp2Xoj0cJ7bZjCqHL7Xb3xddARjK=
LS-2FOfLFUmvMThivFlXUmkokoyJug8FRdFW8rYw9o8m-2BnQMoajQtIk0uUZJtU-2BDjaQ7kpu=
EpmzaCr-2FrfBT1qyPTH39bHhsGUAkX150oC4HSvsPI4O4" universal=3D"true"> <img al=
ign=3D"center" alt=3D"" src=3D"https://img.pitchbook.com/news/71533.jpg" st=
yle=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">(Spencer Platt/G=
etty Images)</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%">
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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 =
Michael Bodley, Senior Venture Capital Reporter</i><br><br>
                               Venture secondary transactions have been hea=
ting up=E2=80=94so much so that Wall Street is on an acquisition spree to d=
ouble down on the assets.<br><br>
                               In the last several weeks, financial service=
s giants have struck deals to acquire at least three secondary shops.<br><b=
r>
                               Goldman Sachs agreed to acquire longtime VC =
secondaries firm Industry Ventures. Morgan Stanley made a deal to buy secon=
daries marketplace EquityZen, and Charles Schwab announced plans to scoop u=
p the publicly traded secondaries exchange Forge Global.<br><br>
                               The deal streak illustrates how Wall Street =
is playing catch-up with its startup liquidity offerings for both instituti=
onal and retail clients.<br><br>
                               Banks, well aware of the growing number of v=
enture deals and valuations, are pushing VC strategies through their privat=
e wealth channels. But they often lack the in-house expertise and deal pipe=
line to increase market share on their own.<br><br>
                               "These acquisitions do make sense, both for =
EquityZen and Forge," said Emily Zheng a PitchBook senior VC analyst. "They=
 are playing in this niche market, where they're democratizing access for v=
enture capital."<br><br>
                               The trio of deals is also the latest sign of=
 the consolidation in what has been a fragmented market, according to Aziz =
Gilani, a general partner at Mercury.<br><br>
                               "My expectation is that all [secondary broke=
rs] pair up with a big bank," Gilani said. "That just seems like the logica=
l way to go."<br><br>
                               Secondaries are often the only way for many =
investors to get their hands on the stock of highly sought-after VC-backed =
companies like OpenAI and SpaceX.<br><br>
                               LPs, meanwhile, are pressuring their GPs to =
err on the side of caution in pricing secondaries, as valuations have seesa=
wed since 2021 highs. And GPs have been mindful of portfolios heavily infla=
ted by a small number of prized holdings.<br><br>
                               "When we're evaluating diligence in fund por=
tfolios, we tend to discount pretty heavily a lot of stuff that's on the bo=
oks still at marks that we don't think are necessarily realistic," said Ama=
n Verjee, a general partner at secondaries firm Practical Venture Capital. =
"But it's mostly the value of that unicorn or a small number of companies t=
hat are driving most of the actual exit value."</td>
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cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
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ng=3D"0" style=3D"width: 100%; min-width: 100%;
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cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
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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-2BaqM7ONnvsnswouzXnhfSrKura0KCl=
L0ygNwjY24cEpeP2OIi8JEKyYrFx-2Bw-3D-3DAyEv_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarH=
kxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRF=
ZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5=
xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxI=
AzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8JypDUHoOPP=
tbez2ii-2BG8kCDzk-2FNHLv6DQU8AAaEX5RkYISZdH2YK3L-2Fxy1hx8VLE8b6a0FZKDikLmPq=
UOEg-2FNRBD1T-2BfNDUHV1K-2F3V7ibym1e5ka7cpbhgOUbUlOXjxI7PvCGxs5cTQAGmlsCayH=
1XJRw5TBYfW-2BQQk8IeUGXOUbR82WyhbhuTi7zAh13gh0yS0rSMniVuDO827BboddN4IcubuyE=
3vGxDPfLgl0LEJrT2tiYA-2BPj3rOKJgktLsbtWgI-2FewfgxqSnd7FN55-2BwA" style=3D"c=
olor: #1D5080;" test=3D"" universal=3D"true">Q3 2025 US VC Secondary Market=
 Watch</a></b></td>
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ight: 6px; padding: 0; " colspan=3D"2"></td>
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                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
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nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
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lign: left;"><span>Side Letters</span></td>
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g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
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                          <table border=3D"0" cellpadding=3D"0" cellspacing=
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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>Sma=
rt reads that caught our eye.</i><br><br>
                               =E2=80=A2 <b>Fei-Fei Li has been publishing =
research on AI for 25 years</b>, but didn't expect it to be this massive. I=
n a Bloomberg interview, Li emphasizes using AI tools for the right reasons=
 and the power people have to impact its development. [<a href=3D"https://u=
rl6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B=
aqM7ONnvsnswouzXnhfSrKura0KClL0ygNwjYfz2b2M2D6kR-2FdDBVMSqbEg-3D-3DNBxQ_I3w=
5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobk=
vvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2=
BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZ=
XttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2=
BfH-2BZYkQDxiijxTO8K-2BPvSYgdjWlJu7OSPuIEbdANtXyRV5KNHmzC7o7o-2B8k3rfpbACC0=
VeiZiJVNsoOQzSf2gwY0glpPTEUQGlStMz2tM-2FeBAhQnGcbsJkTpMbteekOqfviX1CHUeSfRt=
SC6kXC6vIfig5bVLS0kDbnKsefx0NgO-2BLoomobg8pPK13vxJTnGjBv9ModxRz-2FSgdpk6gCE=
wldM4WstBC8qywfAJBkcKaW9y1bJL-2FH0eTlbbTbQRdYSNF-2BkW-2FEurFQxwPw-2FJy5xbNQ=
-2FrRKmr1s5fGKuEs" style=3D"color: #1D5080;" test=3D"">Bloomberg</a>]<br><b=
r>
                               =E2=80=A2 <b>A new biotech innovation is usi=
ng AI to diagnose rare diseases</b>, and it's better than Google's DeepMind=
. How scientists in Barcelona built popEVE to flag human genetic mutations =
that cause rare diseases. [<a href=3D"https://url6380.news.pitchbook.com/ls=
/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnhfSrKura0KC=
lL0ygNwjYAUtI8AA1jKMjT4TXV8Njyw-3D-3DrW2L_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHk=
xBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZ=
lxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5x=
RtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIA=
zR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8IPSxSN3sk-2=
BXXlsbq5kEKSnizpw3e5LYL2pfYH6EHcZvtqRVIZqgxaFhq9tfWvtW3ObnTBtpUoHbyoQckcxGJ=
JWNEpSmPV6ZN6m7aW1318RHKnMVT4ODJci9386a77tX-2BOx2J6ISW97gaChfacW34GMihE9oBE=
NMGTalZEd-2FYnZYDrakWjmHwvUJGXtYIyjIim5hcgnXcyS3VuomJp-2BfAYfw4pv7OrSCq4EDb=
LtV1cxDhSPm-2F172XfTKFJdkZHl4ZDfKGET5rVowF7kxgwjkqKk" style=3D"color: #1D50=
80;" test=3D"">Financial Times</a>]<br><br>
                               =E2=80=A2 <b>Musk wants X to be "purely AI,"=
</b> and is trying to replace all of the social media company's engineering=
 staff with Grok. Two brothers from Ukraine are helping him do just that. [=
<a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4=
Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnhfSrKura0KClL0ygNwjY1TxUWATkXaxVUSiQUp=
ELJQ-3D-3D0pUi_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV=
a0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOj=
S1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3=
UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2=
BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8LfeNdV5kJK4KZy503HL-2BOH1hNzvqD2YQklop=
zpsaq-2FCbHpHhUfOsQ-2FB3tfmqno8Obxnkg5UvPWMr5dWXFjtqPME5n7ApV-2Fkdt7x-2B0Ei=
xxg9p5o1WNM0ryiX9WYROmCIgccP1bTbXWN5IKcsNyoa0CvNybW4R0JwMx-2Bt5pT2JN-2BI11k=
e8ub0-2BrqDvL-2F8Bx3e76jWniaehonY9NU2iiY8d75AmLojM74-2BBHlMNmcoJ8d7C5ZTV7dV=
wpmSTT9Yt33JWtZnxxRuzWChGRKIFhoMA8l" style=3D"color: #1D5080;" test=3D"">Th=
e Information</a>]</td>
                              </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>
                       </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 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-2BaqM7ONnvsnswouzXnhfSrKura0KClL0ygNwjYeWIvQkNypKyz3nRdoWdlTQ-3D-3Dqtu=
7_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbh=
vKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6=
clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSb=
QFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP=
79U-2BfH-2BZYkQDxiijxTO8KqGwIFrBsVOu8kO6n-2BcOinCNPo3Wn8j1PBsSG59MWD-2FSBuX=
fLx7CwTr4qyRU5RBztAe65hPjbYl4iROyguQvuVQ-2Bo2LGAhxit0Zcyrrgsrwhdp9YX0tMe6kj=
Z6yELVLwhPJO-2F-2FERuktucgNqhmIZBwn8GKGK0NtDANvNEDTaXls9pK4XChCMEF4lbLbVTRL=
9U3GapqdUOIBN3GADJ4IXSZYQhRfN1wWf8PMXmhKzj1GQp6jGSP7DpSNEciC3qDiSPygNW82iyn=
A5I-2BOECLN72c"><img width=3D"460" src=3D"https://img.pitchbook.com/ads/ad4=
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x; 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;">
                              664
                              </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;">
                              2181
                              </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;">
                              931
                              </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;">
                              33
                              </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/free-tria=
l"
                                                             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-2BaqM7ONnvsnswouzXnhfSrKura0KClL0ygNwjY4ALTdSXf4CEuP5hzbPpfjw-3D-3DpNq=
K_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbh=
vKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6=
clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSb=
QFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP=
79U-2BfH-2BZYkQDxiijxTO8IsPgft6R9N4FUW24A1WsCmHQ04k9Nq1440qi1AaOGwiqk2aIQWz=
uaM7G1KKGO92saBAQMaiG6oZuAvbhDRUUF-2FnbSDljg8grqZddj7CIqLwDzY5aPPMNzq3KiRuM=
oly-2FEqeqqDDV7kNpIElREtCrMbu73fpVYGeXUZX7d7PZ79ZfTGGSZJWElKZQLY2A0yYhegKek=
yL3tcLBRWspDj4P7aIj42c4mJotBGp2kmgOmuXy-2F7aiZWo1oXilSgVtOEDEDkEg2qx5SREVxd=
IEshahgE" target=3D"_blank" style=3D"display: block;
                                                          font-family: Robo=
to, Arial, sans-serif;
                                                          font-size: 12px;
                                                          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>
                            </tr>
                           </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_574973" id=3D"n_574973" 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: 2020 Vint=
age Global Secondaries 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: 76.3143018654607%; min=
-width: 76.3143018654607%; max-width: 76.3143018654607%; 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">13.50%</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</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">17.69%</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;">
                              0.18x
                              </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=
swouzXnhfSrKura0KClL0ygNwjYKs3nIa8UTZ9kYsl3RSBpHw-3D-3DUz_x_I3w5d9c01gkD8gL=
zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SH=
xxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mk=
k3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0Ikwg=
ZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDx=
iijxTO8JgEc5zWbZIM3RhMUedz6vm5v0BwsMy-2Fu62bt4qKuWsVLlGvemnyNlkd4-2BoZZWN3G=
AJfJJENHz-2BQzev-2Fa53-2FkR-2BD3-2Fs8sP6TXvIiaTodtFKZfmyLtSDuu2jMm7x-2BWodd=
pGRJv-2F0ebPjquvJrJks8zepqZGzW6F0GRr2-2BrP4oMVrtFCS73IHMkgZECS2grD-2F6fxNA9=
XpKUC5huCNAikjeRrn-2BxY01Un35vWyLUdRZT07hZWdyaq3rkdFfT5-2BA4ChvFQhj7R2P5YKx=
25veuTZu7Cz" style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" =
universal=3D"true">PA Secondary Fund VI </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=
swouzXnhfSrKura0KClL0ygNwjYDZ4MQFmSzwDR6WFul00z8Q-3D-3DFNRM_I3w5d9c01gkD8gL=
zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SH=
xxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mk=
k3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0Ikwg=
ZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDx=
iijxTO8KtsrT8TQHqAvkyQeWVBzuY24bnH5zCmmM-2Br5VZyD-2BH0kwNVb8JEe-2BqSn7YE52V=
UejrlrYALtOjSpM7p61Q89BeseT-2BqeOO7FsVnciR0jBF98KnArKkErqiwFsFWs4EVy6Qj7Hrk=
p5FgZWnXXWqHsezNY6OzVpyuKqkXW795HlCqVthRV8UtZTr2ok5M6-2B1cMVx-2F7VsPuy2tfy5=
3qAQLpmDS2ErhVDT-2BVgWVsK7sMJ4xQzwKO8SbX0-2Fh466OUlLx9FAoz-2BjL9f-2FEhusnu8=
3LxWl" style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" univer=
sal=3D"true">Pantheon Private Debt PCO II </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=
swouzXnhfSrKura0KClL0ygNwjYPC2dVHEgZ0s4TwHRN-2B9-2BZQ-3D-3DPkM-_I3w5d9c01gk=
D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2B=
G2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iX=
E6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0=
IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZY=
kQDxiijxTO8JCyf03SfJXEB0dOrZoPqmDAvYtCuBZjmOSmzIJBCoCsHY6O89DLXwCdkTx8-2F0s=
fW1W7WUvgXckGqZbnuUJNT3L7xrTsTw8VlLBIvjvNKnVSMHDEFkx-2Bfhcjb8WAKfiltHigsi-2=
FKSq-2F7wycULKioUQ2XTMLcYQlZ1VP8YvZrvbqrYmWO9rAAkbqQd1XnhLc-2F088e-2BAASUJQ=
KWIOdFte0H9cX3oh1Wzu6KpxT40FPoAJ-2Fh8zDlivUi9pmRy5nBxs3jZa4lT6yWZ-2FL-2Bf5P=
opIo9jH" style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" univ=
ersal=3D"true">W-Prime IV </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-2BaqM7ONnvsnswouzXnhfSrKura0KClL0ygNwjY-2BTCI=
shtCarog0UZ8q54hyQ-3D-3DSiuy_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3=
t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92=
Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD=
5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2Bey=
vmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8LkC2SKoWehk0p7GLwjB0GX7z=
LgGTojCVLw9gMhjr1xnp-2B2DNVYqJq4ALk9bzVc1e1HvZkr-2FctTBoF8gs1dBYARSxYS7oHcI=
tidNkh0a8zYHyiqynJJibRx-2FleIPsdYAmYFGtgNd2sqm1J6ngk7wC-2B2ltjr-2FNucf-2Fik=
8nBhFRAHNcZZazoiocFqnVIItJ8gxbKgzmml2yXSgxyNxfiqSath973pz8AjAo00MluGktu14nU=
Cfg5uRzT0SVqXaTthdQc5Ske6RPZRXDtixQivj-2Ffj" style=3D"font-family: Roboto, =
Arial, sans-serif; color: #1D5080; font-size: 14px; font-weight: 700; line-=
height: 24px;" universal=3D"true">28 Funds in Benchmark&nbsp;=C2=BB </a></t=
d>
                            </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-2BaqM7ONnvsnswouzUriivIb=
2Cv34m3E-2Bx9AflslRfPdKp-2FfR3Y0lcTHKxtiw-3D-3DyLP7_I3w5d9c01gkD8gLzFEofZR-=
2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlk=
t4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw=
9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFB=
OtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8L=
kVE0Zmi2it61brLvJoxUm0bKx3ol71IP6B2-2F4JSeA4OM4-2FdJEo7ixOq8qwv1Gs1-2FY4-2B=
zp51mq8bbESLMIfsH-2Bij1a4TPcuGc0-2FBu0N7ekWLAhx8qKQxIawC9QbH8KvQI81G8sb7Ui3=
ZO33VDTU-2BhLoz33At19jjEAbF-2B8afAOGvddZP7b4D-2B-2Bpmdtep8eMb-2FcAVTAI7hbAV=
MdUxkziwmXsNfmrAXZyJv1M9xshJyL1Cs4nHmHvmwReO2QmRNM-2BLZCfPT-2F6JsGWFAGJnxUF=
hFo" style=3D"color: #1D5080;" test=3D"" universal=3D"true">PitchBook Bench=
marks</a></b><br>
                               &nbsp;=20
                              <h3>CORRECTION</h3> The title of yesterday's =
Daily Benchmark was incorrect. However, the data and fund rankings within t=
he benchmark were correct for 2015 vintage North American real estate funds=
.</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">China-=
based <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du=
001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9AflsRPX=
Su90zF280CibdADb7bQ-3D-3DHzry_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F=
3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy9=
2Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6s=
D5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2Be=
yvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8J6janNBed1pnuSJch-2FM6s=
OeimrwytyIWVRrh98XzTOn-2BNeZtJqvXneUbgOTnS-2Fdk96IdL0gQWFnaInZ4eIh2J0ko1gnP=
TP0HO39JKq6ep6BrBrJTYASSN96fjmBnunMrPuTacrB5GB164cdBiU0NBMp34S3SNPtOHg4-2BH=
x-2BDsai6u3PgsJVXHmmvsxEsxxCTUziRapLZnOJNTNDaVr0-2Fh2rgPsORjxmjHhNc-2B6w4sP=
neZ-2FVC9ldVEPN4Mdq4k2intzKbpXoZIO6OoUgtsjFez9" style=3D"color: #1D5080;" t=
est=3D"" universal=3D"true">Moonshot AI</a></b>, a generative AI model deve=
loper, is in talks to raise new funding at a valuation of around $4 billion=
, The Wall Street Journal reported.<br><br><b><a href=3D"https://url6380.ne=
ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O=
NnvsnswouzUriivIb2Cv34m3E-2Bx9AflsORdA1LMe1O0CxVY3gdSomA-3D-3DUfQ__I3w5d9c0=
1gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph=
-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ7=
7iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIe=
pq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2=
BZYkQDxiijxTO8LrwB5eq1l8snIQ-2BsnWHmE19SEbzEBxrjD1UR-2BMadFkwaNXV07wqkCiP1-=
2Boxfo8LMvQ5gaB7iPh-2BknzAy1tR03ODo8bbR98qX-2BlODKjxY0wJr5IPmUEWZtpnv8QAOgs=
mOZd-2B5qRMFeDfJHhgTPw11w-2FGdr6hB82Q0tFrCEIeso1gifYTC5aJBBEVW2LxRAgDaBw3cQ=
jG7a6vl3UjDOhERKc-2BCGUgagJRFLVUn5oBZtBZAHIMqs-2F1ZE4UoCKfym1PKLv2UpQ9iil7M=
y6KTywFlaD" style=3D"color: #1D5080;" test=3D"" universal=3D"true">X-Energy=
</a></b>, a startup developing small modular nuclear reactors, raised a $70=
0 million Series D led by <a href=3D"https://url6380.news.pitchbook.com/uni=
/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb2Cv=
34m3E-2Bx9AflsammHcEQ-2Bc3jwcRP1rHmFMw-3D-3DyQZK_I3w5d9c01gkD8gLzFEofZR-2Bh=
6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4d=
e51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gf=
EnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtR=
E-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8Lj7J=
hpL0LpXkES6VR7dJjxE5vKfvwg6CGk8vTvRD8tJmsJGyzD-2Bh4vNtKxtuabwSHfvVhLyNW2bK-=
2BCqKQgO0ewTRXMdtpD0Ra8-2FDCpZ0EOilXOiB9PWq3vxI6M-2FaCTI-2F4SLrb97W2FF56coj=
WRyqpDrLT71G4DbRBxvp0GMAjmTNescTLipgvYGp0lWZtO65EghqyCW-2F1KFKMc-2FDDkuONhw=
a7hbhWRe5wKmo8jv32xonkO4tRkP1dBSdDvvAGuBvQx-2B5NvN-2FTlotPj96aNSe2z" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Jane Street</a>.<br><br><=
b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n=
73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9AflsmT1jGgDDA6=
3DeNXhHlQgeg-3D-3DzaZg_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbc=
bdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-=
2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGm=
NSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2=
Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8IUWU-2BrB4-2FZgW94ifi2rpnSloAu=
Qp55CC8gHZyQgMmlIl7rHJWE18UeKxj6VN9Gzql-2FOOfUVZVxwfxrVS6-2F4RdMQaZMJ4lixJy=
erImp5-2FURZh0YbVhlQnBxSE8eiaJl5qwl4CGYL-2FVTRnw0cwpM6QxgJgCegVOwkklAvvbQqV=
SNmp-2Bb2QPKoxD53LupVmVCbc4zNRTV0j7cdqiMCQKYLqMhscJb2RtVP5zeVOSTTDlGbzK-2BG=
DgS46-2F9-2FXACy-2F0kLZTDXT4Sq6Kd5zuFeC0ijE4S" style=3D"color: #1D5080;" te=
st=3D"" universal=3D"true">Model ML</a></b>, which offers a workflow automa=
tion platform for financial institutions, secured a $75 million Series A le=
d by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9AflsFUuKvZg=
zW5I7Inb2kn5gtA-3D-3DYByv_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y=
ZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our=
1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eu=
dGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmR=
C-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8KLIKM19MMdfTRGB0p5QhRJaDlnr=
ru7FOm6Nf3qhfsdGn1xiPtwyPbyKnIsviBUM8AJxpVbAQa0mkVW1Y8n2f3z8-2BJJlo4icTHJOQ=
0Xd60aKKlngmXi-2BC6mQCsQYF9b74kMA51HSaicBxZPqI7gNESxJPyQpiZDsfMIwVAXn4Kcf-2=
FkWeProYnD46OpkTCQS0uqU6Zff4QuBzpcTyVjxZ-2FuXuqTD2ODBcebyL77VNy2iG4jpFJ3BdX=
D3vBaWKpDk-2FbsZLYjlzEOphzBF1fwvfPoO" style=3D"color: #1D5080;" test=3D"" u=
niversal=3D"true">FT Partners</a>.<br><br>
                               San Francisco-based <b><a href=3D"https://ur=
l6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa=
-2BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9Aflswibu4eiXk2rbwGha9Gcxrw-3D-3Dv3ab_=
I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvK=
obkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6cl=
U-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQF=
bgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79=
U-2BfH-2BZYkQDxiijxTO8J7m1D2zgKl5tOyBnWYsWnznrF0q-2B1sanGBbkTxU4j5D6JOKOg2v=
VwOO8wUIBHtTAdgExEtUADYT-2FxSkzYzgtJypq4JvAwT-2BJe5M-2BPedB8Q3ooC7ZzhTyDs16=
DY1dVyH8E8b-2FdLhNu8jJIsr5-2FuHSJa8WtoedF4GAQH6pWcKVVHhbe0oMBWuVy3GkAJ61aWL=
pjuenLbgWm6Gc0wwJvvIc6cM1L9A8LZKx2j7-2FEYxkgveOENmhdVOQaiizgrjNF-2B3KQVDs7e=
TlIXKe6VsFC2qZPT" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Nu=
merai</a></b>, which operates a decentralized hedge fund, raised a $30 mill=
ion Series C at a $500 million valuation.<br><br><b><a href=3D"https://url6=
380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2=
BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9AflsvNzQN-2FMjPa2URZzlSAT-2B7w-3D-3Dh4J=
V_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbh=
vKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6=
clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSb=
QFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP=
79U-2BfH-2BZYkQDxiijxTO8Iy7jAiuSfoOysXZcPt09vvvLbLiQp2CZKZS-2F271-2FErYEzAo=
WKTyNEAxGgSfpA0ZgEDZ4gKxCHhfmalPweIis-2BSTm0krC5hzQjue57SV-2BgeKyvG-2BfuOwB=
43EKLYAxEolOE-2FIidix9k1pZAJ0Qp6C58L5Sc-2B6gUjyjlVnhaWCwj0CGetgHFSApXw0g-2F=
vIdsjOifYsnwzb967IVcRmNJwwoPKx8Es3uZeVaL2w0VRSXsUGBk3H2ZaoR9qgUCTl449RSGSQl=
j9hGYBVr9BrVcoD2El" style=3D"color: #1D5080;" test=3D"" universal=3D"true">=
Momentic</a></b>, which focuses on automating software testing, raised a $1=
5 million Series A led by <a href=3D"https://url6380.news.pitchbook.com/uni=
/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb2Cv=
34m3E-2Bx9Afls4QdjBKsIC5NHDo7gv6geXg-3D-3Dnhni_I3w5d9c01gkD8gLzFEofZR-2Bh6V=
warHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de5=
1zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEn=
yAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-=
2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8Ih5OYj=
mcEM2cb8PnqFv-2FT-2F9eujd6oURXpwKLAC6Rw9foG9SsSctOuKHV3SrC-2FUg4rHppbKWzcYX=
rJvqdXmzRja4e5DKwdDsi9w5JO-2FviEDcD7K5QM04l3ksBN7-2FetuRDehDfWCCPqSVuuFtN8s=
G6U9meX4lm9PFYy7zkyehKUJYUIpsVM7a3UKeN3-2F0FSzDwFO4cUJnLaniWxMw3EpJduehNgY8=
5leaOpmsOavETSr9njYcemwY38iyKGFXS7S4nKIKHwWzdWB4SFWV-2BIPLfSR" style=3D"col=
or: #1D5080;" test=3D"" universal=3D"true">Standard Capital</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-2BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9Afls8JO9d72fwse6-2BxKG=
IMDgYQ-3D-3Dh9-3_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUg=
FVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICg=
OjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgP=
N3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv=
-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8ImNAs-2FthXHJ7RmEYcrlmgIfhtU54WLulcL=
ziAeMcgpvTRXj9EF0fIKM-2FQesfF2kQP3LZWxGZ67-2BXNzDWLObu2bHCEGPAQQPRANIDzhrad=
rcAxqBHY0-2F6cDwhoesuaOrGIss3NEbobYyk-2BRFjTreKIPeMoTxAY9lUFCvneH-2BTiz-2Bg=
1ceiOgXtyXSBvy7D4N1ck6L2bPRTWt78L-2FnQ4uX85WaN-2BeCWzRhu-2Fv-2FsMoYArncuR3j=
QYc44wybcBe9PeBI3YS0IAMDgWMY0DHHLkdHVD8" style=3D"color: #1D5080;" test=3D"=
" universal=3D"true">Macquarie Asset Management</a> offered to take Austral=
ia-based import and export logistics specialist <b><a href=3D"https://url63=
80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B=
aqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FxManE1aA7t07NVz-2Fhwy-2BHA-3D-=
3DddHG_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF=
EdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J=
1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbE=
zhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5v=
VcRrP79U-2BfH-2BZYkQDxiijxTO8KAj1unsQQsr49YN1NVCFBzCjecgx2nXL-2BpBEDFC2g-2F=
Z-2FfUuK2S-2BFJJBJ-2FBBRp4U-2BLipQJeji1IhePlEG37WBZ-2FRHVBsVZ3O4s7KUy5SwdIL=
Jm-2BD9Z-2BFiHiO7XCLLKRoMELIKM9xXaaYZkuxmn5EdAQmwWya6QibX29a35Xpt2oy1mdrTJY=
q3uO7sIulcNU8PcBV-2BsllQ0pkA1wJdNx3kyn-2FZXVt-2FtYoZOghrDrYsI7YY-2FmMgWq8Q3=
CHE3pTW79KYDwI-2F-2FO5r3o3-2Bpl16W4Pdil" style=3D"color: #1D5080;" test=3D"=
" universal=3D"true">Qube Holdings</a></b> private in a deal valued at A$11=
.6 billion (around $7.5 billion).<br><br><a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FGHe3bRWIDusBNz8HXk7Big-3D-3DYfxM_I3w5d9c=
01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdp=
h-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ=
77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttI=
epq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-=
2BZYkQDxiijxTO8IN0lfp6L4JzRujV97Wr35wCpJuHllB3IDPUn3ZaVrTpp2Z777aDRdtMT3Y2D=
Eb0gJCSliBKoEsz9S8gFPTCw-2Fkxu7vfr1bdCRK-2B5yEyJRUoABFPnQvthpdEDKUnkQFctJwa=
mYDydYbndF6XWVidlMXfJa64uhyVqCQ8Z754HeO6mL6nPRFInfJzkBn7wWqq2PdcH6zJ5fsuvLx=
m2hXRI32mxvoTketr5caW67RuJfkihz-2FTHWSCGEYzs1NMYx1k5G3VZ-2FF0xuobPbVwG8r-2F=
ykw" style=3D"color: #1D5080;" test=3D"" universal=3D"true">TPG</a> and <a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2Fc7GZSaGSD=
VpGZVhScHyx3Q-3D-3D1U33_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb=
cbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s=
-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudG=
mNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-=
2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8JmMSgKSUYvcoWYZJU9PBq8-2FuFP-=
2B9cFlHZJYFmNtllwHiK2RIJ4903sa-2BgBw709OC0zYPyeAslDD7flDRSCvuBSdxYnJGFrYFET=
MiWmKoUG8uXG4EJtcWecud9MnMk5RagYMc7I2y6mumVdt4PC6U59HriCkRN-2FL-2BpySBclulq=
UId5qDH8Eo-2BL75DHGLhWJNxebqIzliRNH-2BivU5vh60YoQS3GvtTorGjEpFG-2FeRbv1KWVY=
mcYB1cPZ6VJK3tqCuTSLVOPah4RggFRRwFJQkbau" style=3D"color: #1D5080;" test=3D=
"" universal=3D"true">Warburg Pincus</a> are considering acquiring a $500 m=
illion majority stake in contract management company <b><a href=3D"https://=
url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G=
Fa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2F5pl30MvgZDJlz3Z0gh7jTQ-3D=
-3DFY61_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs=
FEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6=
J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdb=
EzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5=
vVcRrP79U-2BfH-2BZYkQDxiijxTO8Lgrr6eR-2Bkpv44-2B6-2BphXPS4AUs1GzzQWBskhvksb=
uBjh-2B806a6CFS1Xx6kz0aeNJa72lhvra0Wu8g0xl9npbtAjGAAdn1xtIwh6ggW4xXLDZe-2FH=
iV2dNOLuize0kEzgAsAvNbYt66EQwtlEGg1EiIw31sTQXVq46H-2F4U3HNrKDsegFpJ7SPIKkpe=
CgJfVKuF8Pj4bgEaK55YpmcbR5KHuF9b5yJF0a46ICPO-2FxYP7jQ0SERWpFD8ZrZlF1b6QMv7B=
dXT9RyAb5qaJ4Bt5Ux-2BKng" style=3D"color: #1D5080;" test=3D"" universal=3D"=
true">Sirion Labs</a></b>, which is backed by <a href=3D"https://url6380.ne=
ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O=
NnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FTTNRmsZODWHhn4lgY9w6-2Fg-3D-3DQ680_=
I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvK=
obkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6cl=
U-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQF=
bgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79=
U-2BfH-2BZYkQDxiijxTO8K75W0WOI6TjgWTVI2Y3HhrEOqacWIXw8yWhsT9HqBqWTu1FzrT3u8=
gE2r9pYbfDdvaAy7o0a7umdNBoX-2FLU7tqIoWlADvF7sbt0STs9K50FjrtEHW82AFPHLbnlHhP=
eiey9I35uQwzaFY7Z7qObWo4vjhTjvM9-2Ft-2BQ2M-2Bf1pkeUzBaYp05kcM6tOqYumpTzgE-2=
B9GBFiAAEQ3UOzmTpF4-2B2y-2FOoVesE8Q0aoCawa9hAJImY0dftAWmMO22lEKpqWhGTYRdiQ6=
IVYTvg-2FKolPiZ6" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Pa=
rtners Group</a>, Bloomberg reported.<br><br><a href=3D"https://url6380.new=
s.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ON=
nvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FcBD6pRdkPyuzaah5Ljw3Rg-3D-3Dthay_I3w=
5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobk=
vvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2=
BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZ=
XttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2=
BfH-2BZYkQDxiijxTO8Ius0TDlkqw9WCByTzu3LKjNoDPgPNEiA7PKmPug22iTcQtHAmaBgta0I=
WoUxPRoxcdwx9v-2Brl6ob1bmGQRrNga7wQgmkJOVxA55C8efZou6rges-2F-2FBpw3emtiHZ0P=
FBf0P3WMLHnLP-2B6uWLphwev9DDDlyXiWLO0K5BisHrMwMlcE1CkS9fJnVnR5C-2FJORhFEPkV=
zt8I-2BxEBxSX-2FwRqlbGnfzaRFqGeMj5Pr2tPiBKtSeYDdwp1pnxzUOChiW0ob-2B3897tz2J=
uDvNBl0dz36Ci" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Truel=
ink Capital</a> agreed to acquire construction and industrial tools supplie=
r <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2Fh=
z8z9JRRLjVpjbUtGpEskw-3D-3D62dg_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-=
2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95di=
y92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU=
6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2=
BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8L62dyNcMyCcCriNfVcF5t=
nzUkPAu-2Fc8QfmpLl3UqkAEnWQswejONZrdBOcpKhukvN313w2MIfMFc0fKEGtT3-2FJd1v6ZD=
JYd5ugUvqxgyb1K6kY4WaJJj2CPXfyFJwu6PpQ67Qon0W-2Fvlx0f4xhA24-2Fv9o7Q-2BbGxhW=
q0dO9KFqgCX2-2FM4hliA1LVWP44lbftzVbpnomI81UclJ0NKuuBICxrXX-2B4RyTLzMi5wF-2B=
m0rXiIVzmZiM1auQ2PNoyCKUe9O6xhXVfvgeV6KczwHtZn-2BE" style=3D"color: #1D5080=
;" test=3D"" universal=3D"true">SouthernCarlson</a></b> from <a href=3D"htt=
ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW=
Irf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FNdZhMnIWhS3HFIthA6i-=
2FCg-3D-3DRaql_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV=
a0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOj=
S1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3=
UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2=
BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8JDVYxuBXL1ADeHhP5G0pXs4LFcR8BhFePvsaDX=
S0-2BIFdITUfFEQQdC8nYl7ROZN-2BUVHSAGo5w-2BQmpDesCDLIcYRtjWrywQuGug4AwST1b03=
N9ihNtqaJ3agKgVcJW7-2F7-2BCss5fLbk7XbMxE0XmG8-2FzG9Q5i7nAD9MGCjv6eTlobFuAh-=
2B4MT1OQ1he3-2BlHV4vMA-2F06k1NZCRvBVCBKt7QvdBkczQdMkYHWhI0ON7jMi7dsnXZJ6Lj9=
hopeUVJ2m5UF6hgb8i7EUwAbbq54FEJga" style=3D"color: #1D5080;" test=3D"" univ=
ersal=3D"true">Kyocera Corporation</a>.<br><br>
                               Australian reproductive healthcare company <=
b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n=
73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2Fosnq=
TGYCSj4QKUmt7Tttcg-3D-3D0xGw_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3=
t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92=
Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD=
5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2Bey=
vmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8JvKwU2tmdBkfm9-2FfsBZa-2=
BVm7Qk9NpLK5Scbx3eRseK557ldIJhFJqgMINEd05d2XjQAlfTLxeeCVsM7YmEvAp-2FCrZEtdt=
yMzK-2FZu8hbPTPHrQoTjoPKRbu6ngUBxczBsnV-2BwaCBAC1Vz4jsG4QhxGXztwxDk7JrOSw7p=
KpEjNx4Z5o5MgfVXrDh7TbCQHC-2FYCfVne3s78Lao5B1ua-2FwkKyOklAe1MJmtQgwBDG0qqIC=
P7ZBtEqQ0HT18lJEgQvRtzsg3XVBolJhUczV7RJGST0" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Monash IVF</a></b> rejected a take-private offer f=
rom <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d=
4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FMI=
LkB9M-2FXofo4TpZf9LJJA-3D-3Da3TA_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy=
-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95d=
iy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7H=
U6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-=
2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8LrI3legiPFHIBylbPmwG=
4wQOMGn9rDlmD180Oao1UUVqv2bYUqHUdDUaqPB73-2FLnNtgldtluYfMuxw7EcPgDDR8Zo7BuB=
m-2BPWUVD4duUb8UBUzsODQ-2BQd-2FE7WqepqvnnKOOcVeoQZSBSPpsdrGqqTTKBLU22017eoV=
cZXLU1T-2FZXc-2FjkWXP92y2Av3QqoVHxzJcM-2BN5DjfwgTAqHr6qZUTKMcKi3UkA110Q7s-2=
B5oAQHSuDZ4mImkJqVNrdiO3nZ1jjrL9IEO3FMrGaMAb3iGbZ" style=3D"color: #1D5080;=
" test=3D"" universal=3D"true">Genesis Capital</a> and <a href=3D"https://u=
rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF=
a-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3LVVmN1LajsdreWg7yzizzSQ-3D-3D6qdy=
_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhv=
Kobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6c=
lU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQ=
FbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP7=
9U-2BfH-2BZYkQDxiijxTO8Lp3dJpTFOi9eY9Tw-2FS1gwRNGg9TbUZpsbLTttBCEPPLUhltxmj=
uTr-2F4huHUtG7JFZErR8kdnTSsypTqeuyayEoAsZji1uIbEI3bkoLboaZFoyESpeSkt2tUD7qm=
6zej5vg2Muzu0czBxyG7OPkzclLgljhy-2BO4wq3j8iJXuoRJywAZoTETVtkWt7kS4J-2BrCwmB=
12ihzPjZgm8rVqG7jFY6-2BSSZPHBZxPNC4-2F5Bh1hJMTgSXmasETrfjh75yQv5f7UkJ6zwizO=
698eeK5D9nR9j" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Washi=
ngton H Soul Pattinson and Co</a>.<br><br><b><a href=3D"https://url6380.new=
s.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ON=
nvsnswouzXGIL-2Bn1YOu5myMdfiqTW3L2h1ljI5JoJ5qUwSQO9S1nw-3D-3DGByK_I3w5d9c01=
gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-=
2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77=
iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIep=
q0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2B=
ZYkQDxiijxTO8L2KPQz4PZki4ZLKZDD3w0zOPJyv-2BsulUBVwNWjT8RtqBJqdBeaz9b5j-2BOR=
ot9bI-2BP6eTWnnDXWSytZRg0xlOXeUqTGfgHXGIbG0Cuf8I5-2BvlEDGREaHKB-2FTl-2FJ6bZ=
ExusIHeyCkBy02c4cCRcajpqw4lxleup6-2BG-2FDO3ewQ91JIAaHbbjPpBkNuCRxn-2BTVF-2B=
ADNnsuyVheQprPEot33znOubynHix-2BEks2YciQVF7o9wgazhAYeBuK5RxhvsVl8kFfuuI3uNv=
CAG-2Bn0WPbExHO" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Coh=
en &amp; Gresser</a></b>, the New York law firm known for representing <a h=
ref=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4=
Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3L1oQFQn41CwhvSSRh=
H5W3rg-3D-3DL2DG_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUg=
FVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICg=
OjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgP=
N3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv=
-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8J7LhRphWJiOgzrToIbMpDlmmvA-2FWQVKz7B=
CA2ifmT57-2FVWE-2FAMjrqgg3gcJjK3LxtxyOsSfZTt1lZe-2F-2BeexhjQe2-2FB-2FWjhG-2=
BbJDktiydjKs83OItCvTj2wRf6s9fHRalXQgnNmhuLsI4H4HtkY3ETq1DYQhb5AGSZghYB2j4Rf=
Mcb0nCTksO-2ByOqpbcHU8aDHFVQx96IZiU1wkbmarbzN-2BtcdmbxtZ9ROcKf8gT8UMMs-2FDh=
AaM1GyEPTSDRmhpVvgwd9d3whDhSKwRAe6j8qcs" style=3D"color: #1D5080;" test=3D"=
" universal=3D"true">Sam Bankman-Fried</a> and Ghislaine Maxwell, is in tal=
ks to sell a stake=E2=80=94potentially via a $40 million convertible note=
=E2=80=94to a PE group, the Financial Times reported.<br><br><a href=3D"htt=
ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW=
Irf6GFa-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3Lz4ihraBteYvUwA81CgYqAA-3D-=
3DDloN_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF=
EdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J=
1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbE=
zhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5v=
VcRrP79U-2BfH-2BZYkQDxiijxTO8L8F1435YQ2RvAR3AtoA6sFJ81FEpYG-2BRg97HVzaRyaml=
ov-2Fc1sS8szHzER0mngIHNF5BLgVZjb5LnLujjlyss1COKtjZ7t6xx-2B7P7o0gYvObqMaPvSl=
kGOYCg9jIzOLYuRxGOt96nAfFxuVzDBZArsXRB36R-2BGuI-2BnPJoaEBBF-2B9JvbO5MdscrYO=
ZKuQ1fkco2HimVGcZH40IW-2FYOH2i41FnaewBcE4i3EbEqPC0dUYwfxOnVTCMRFsYs-2BsBYAW=
GiWI3lfqVaRSFu8F4-2Fy9iJY" style=3D"color: #1D5080;" test=3D"" universal=3D=
"true">Weinberg Capital Partners</a> closed a continuation fund for <b><a h=
ref=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4=
Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3L13v9XZR3-2BWubD-=
2FpD5snKzg-3D-3DTqZ0_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbd=
WeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2F=
YICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNS=
yKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe=
-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8ICQjedjvW7hvFZvzYFmd3fkM9EAS7l1o=
3v2QwYiHpTxSp7xAEuVoahsv5c1kBXg3LjEiE4-2BtQgmD-2BOFqXw0Q9hM0plQQO6qEuQFmLsi=
Ez72OFZkVIXIyfkUoL9Dx2yV9pxxv-2FrNNVzoYLYn-2FYyGqNysa-2B8pidD35xyBS8wyJnEOH=
R4qbPt3-2FLAR7Qc8hrIxGbXqgYRKPCbUYC1tdxaVu-2BHnaTDs6eRijDgCyksaB0ebxM40tyRO=
lp9T4XbZayInoTYwn1c5oSJ53OdWFEUg3wV" style=3D"color: #1D5080;" test=3D"" un=
iversal=3D"true">Sapian</a></b>, a French hygiene and environmental protect=
ion services company.</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"><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FcBD6pRdkPyuz=
aah5Ljw3Rg-3D-3Dp_GA_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbd=
WeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2F=
YICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNS=
yKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe=
-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8JEcAHB5pNJU9i11oQfgb18D0Zen2HMET=
y8n1tEEpAA9GuAtmlh-2BrI2jltRcnrQ59kTxsJ4ZxAg-2BxqKrZg0YG5KUjeBxLECJK-2FP66F=
ykLf9y5Hy7iqGctAmkGUGbG54eCgvQEphS0jwyDiAz3KneIZz8Uh-2BSqxSsOeolm-2BT8H2s8Q=
FfHWjbQRYvPXDn3NiAk-2FvappzK5i5LqmaDjEabhIcpqQ46yTRq7cXDu0pGoDVjcqbP5AbPQil=
XcJXKd7hzSWmqr3lGtzm8do1xeYacpFJw" style=3D"color: #1D5080;" test=3D"" univ=
ersal=3D"true">Truelink Capital</a> agreed to sell air filtration provider =
<b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4=
n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3LqAsMm-2FE=
3IUeBUxDc1dUIbw-3D-3D2KUs_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y=
ZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our=
1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eu=
dGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmR=
C-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8IlbKMBEXXROI2G4OKekiqwpu8fq=
CMxpySXSOWhFdOkYxAgbk-2B7bxFblQNqFQ6Jfe5zTlLiU-2FeTsqIg9-2F9ZrY7teU8XqBXiaL=
sJMJxcBfXW-2BnJsQH6jdXJD7Wy5-2FJgvGCtiAqK-2BeXTMLu7nLw6ex5EmF5ES59cRb07cbdu=
GjA7HIctCInMYx1zB2cPw4ar29hU5pmYMZoImhy99f8e3Afyd1JaMM4K1wtoo9xbX30wtLnOAiV=
nWXVfbbK9tFCuStfPo7j88didf0rZZ4fy6WaOl" style=3D"color: #1D5080;" test=3D""=
 universal=3D"true">Koch Filter</a></b> to <a href=3D"https://url6380.news.=
pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv=
snswouzXGIL-2Bn1YOu5myMdfiqTW3LDgUsS09jXpN33hqR2XrFLA-3D-3De_vN_I3w5d9c01gk=
D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2B=
G2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iX=
E6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0=
IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZY=
kQDxiijxTO8LwYzpr-2FCo29wBroazFyOXIudZdqXwumhAwDNdVnEIfcTAES5GGpNYWT5X97oVw=
HRuUOAwF0PFMuFUnNOHsHlI4XthvQYqL6krfZ2QiIFcBp4-2Fuxk1pmVwXRY1zp9bL0CC5FDTR2=
KAUFfP73naYPa-2BwidfLAnvB80xXMUdJPcI-2FHy12yBJy0VpCJSpOk5WyMz3ymZXk-2FuUVFA=
mkDcIOHs2AyM2eEGWtVTnA2SDoFI8GuT7A9EOzD-2B0D-2BNB2iO-2BUJ1YO8aDNPBGdnCxs5Ug=
E6ug6" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Atmus Filtrat=
ion Technologies</a> for $450 million.<br><br>
                               Cyber threat management platform developer <=
b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n=
73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3LPIWUEOfOxl=
ANL3qtDA31Aw-3D-3Djxs7_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbc=
bdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-=
2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGm=
NSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2=
Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8J-2BKcWE17RMsOB-2BHwh-2BDFySIY=
hDkT98J25nolUloO8gx848nxVzxWMd-2FDXLp7auBMwj3fkp2BkRRXIOBbgYAijVvWLJ9t6i-2B=
9216YCFmMlzuG4jCYG1siiA2J-2BBkGBz-2BoKOiqQzImdEBOLS3z-2FLWZDp7gslETIwPTaLj8=
jJcs-2B2QTTlSYclJTdt2ue8S6XJi0Gdmyfks5j6TetFukfv9rVyqn2L3PXzNrdVDKspdu1hvH-=
2FXdUFmN1bf4w7JKNj9vNLtk1r4qCUj5GTWKVMUrDJL" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Balbix</a></b> agreed to be acquired by fellow Bay=
 Area-based cybersecurity startup <a href=3D"https://url6380.news.pitchbook=
.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXG=
IL-2Bn1YOu5myMdfiqTW3LzQY3h9Ft1ErrBj4I6uR4Vw-3D-3DTE_Z_I3w5d9c01gkD8gLzFEof=
ZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLL=
Nlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1=
EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyf=
kFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxT=
O8JyMs2tlHki9LlmlJSbRVhyvo-2F-2FHXLqlFcZnzuaTN57StHGrBpcayj1BqB75xxJpxvcL2v=
urnQdYjH-2FAQD4inDs-2FdylSvboPnmXCrsmz8Ob5Z5qmZkW1r4WGqt2JzuhpOQWffFurH2WoE=
KuZ8PO3vXFFDzViQ-2Bh6yeIO7Qk5tiPNZ18gERJhRQ62SzkFh0HTfT4Umg-2FW28IfNm4ZhaLG=
STciVzmQsgOGJl-2FboGH30g5oB9S-2BMXy1XdKduKvyXHOLxdcZLy0STD-2F5djx8uXwp-2BvU=
" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Safe Security</a>.=
<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0=
01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3LTAzh=
fPp3n6FLsaYHfCp6sA-3D-3DUsg2_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3=
t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92=
Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD=
5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2Bey=
vmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8JWDnLoa3J6t-2FfXsAzVziOI=
rhVVZ2cOB5LP8kW6xdC-2FVO1qDNzOLZanVDC9sgvpEfE8snfiYIqUDy6YYky34iWGY2gLVYTZI=
w3Ms6YfLBUibiLvQspQ20PG4XcTzKfsEq3t-2BHy5al-2BiquMYBY-2Bz2mPaASBnfF-2BiHzIg=
ZiVqeRtIV4k2HFgSQmbz0-2FBjMTO1AmfKutnBA5wtwVQakHXueZavJGoZpXOIWpMb4ql17s3AO=
X-2FM-2FqdeHL0IP0oxRcz3lCAFtmssTf9kNVXdHwvGKb5w" style=3D"color: #1D5080;" =
test=3D"" universal=3D"true">Lazard Asset Management</a> sold its interest =
in UK-based <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u=
pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX3-2B0vtVWdMwnuH-2FOG=
qsGS9Ni1RurLhPF6DTAvVL98MHg-3D-3D9dum_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRF=
Cfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwl=
wH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8=
PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0y=
xWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8InqrHVXH0SgV5EQ=
BiYjrgsJDrXcT3-2FnYELviRQFn4RfuwXmxK-2FS2AdISF7RU5576SlDVwTAYOLz7DnpbVnYop5=
FlVtizdlr1bPUxtgEKOZnLR3MhWJQblRIqNHXR32tagfxWEvzzPBhg7mwz7xZJlDX14Oe3F8jdR=
pCNSohS8mjyZa4NIqKblMgK7L8TSRGR0eQeNq9vq8eDFp0qF9794gyeQoiRWBlWHbhw-2BKAeOh=
VDwwJyJTw3-2BCdL-2FZEGuNbbsDcTidVg2nXyNFv6aVDtCe" style=3D"color: #1D5080;"=
 test=3D"" universal=3D"true">Shawton Energy</a></b>.<br><br><a href=3D"htt=
ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW=
Irf6GFa-2BaqM7ONnvsnswouzX3-2B0vtVWdMwnuH-2FOGqsGS92Xu3UnXiAMhYQJD0m4ymMg-3=
D-3Duiu0_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pz=
sFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB=
6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTd=
bEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX=
5vVcRrP79U-2BfH-2BZYkQDxiijxTO8JlRAxlcmF2Jt7snt14v3o-2FsJqki1AkWECs6VgpKx7S=
GxHw4M2b-2BlVGf8uDhvaXvPlU61TeAJK6AHnpaQDW7FiO1FNsLJ-2BUn3-2BcmV5gUNTIx5ZNv=
xMZ7euz-2BqMUmz7otADrNQxpjQR54duk5QgmXYjZOsSYlEZagjp42Cf2SyxbyWDP66NlHuhKSv=
1wFlEgMiSAmLaQ4ZPb-2FumB9WhbzJZor4nNsvp2jqzOF4k8BPFdXjtFAOFdtlO4qOodflndfM-=
2BMJL0MnoicnX-2FwYLvzuKtL" style=3D"color: #1D5080;" test=3D"" universal=3D=
"true">Sullivan Street Partners</a> exited <b><a href=3D"https://url6380.ne=
ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O=
NnvsnswouzX3-2B0vtVWdMwnuH-2FOGqsGS9f-2ByCRzD6p5EYsmJHfGnamA-3D-3D0qu8_I3w5=
d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkv=
vdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2B=
ntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZX=
ttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2B=
fH-2BZYkQDxiijxTO8KEn9RfSdWLCpHP2yGWc8GWQURdVP7H4nGTfuNdgDxtZ3iWz9yqU6unoRM=
PAwqzX9iOvRCMUsmyC1BJU8pO-2BuZB9IPT8fhzhR-2Boys59Qva6xfBzjRNud0WKSoi54Oy6L1=
o-2F2VdLzRKGvMYGlZhwCg0ZSQNP9it1hc4CCYSGOsL4I61sg3xZzdCcLpnzSpkzD11xtQRjuq8=
xIHIEuo5uC6QYw4IpLJvLTS-2FW2PQ5bKBcqUSFU3OLeB2F-2B-2BnFjAnuqsjYyqDkbV-2F5SE=
-2FFXXv0AkPn" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Octavi=
us Infrastructure</a></b>, a British civil engineering company specializing=
 in rail and highway projects.</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">Abu Dh=
abi-based firm <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX3-2B0vtVWdMwnuH-2=
FOGqsGS9FW-2FdgTahDXRRrEZyQAcWDA-3D-3Dmn4J_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarH=
kxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRF=
ZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5=
xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxI=
AzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8IoWfPb25vv=
gB71-2BYxX4t4F-2B4352LVsTldZouJCkw04BdrIcPuLB2ffetIR4-2BW6OFhuiVqQCtTT3SZSO=
mMVx0ImmWaihw3UPsnAG1LK8-2F3susKzgzQJMUrFIRZQc7KufKPtT2GK42C0ZC-2FH-2Fu3NvR=
RS3SrcRgFL6EU6RU2koV7UdWGXUB-2BZh34ArACW1CV-2BK3M82V-2BBuSS4-2FEoCay0T66ke-=
2BTdbOb9IRV0x-2FQvLE54A8ImUIWO4Z7aBQaMM0xf0GOe5VAzopt1POHdwjDoxV3hS" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Lunate</a></b> is in talk=
s to commit $1 billion to UAE-backed AI investor <b><a href=3D"https://url6=
380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2=
BaqM7ONnvsnswouzX3-2B0vtVWdMwnuH-2FOGqsGS90fjrkBTSLxMlFArccKSH-2Fw-3D-3D4Fd=
s_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbh=
vKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6=
clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSb=
QFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP=
79U-2BfH-2BZYkQDxiijxTO8L-2Bf9SaSN1nKdf12q6XwLzjgN64JLJQWMXVFXf-2Bc0go8iXze=
YvIA9n2s6jslLTgzSGnwYxK16FNKX-2FL-2B5QT-2BmoHAavHx1Gm-2Bfh1iblurkYkefpVV-2F=
hLrmziKIx5mrD1V4aqeWirOXkrzSh9DR09rHJLGEcIzAMmtXCLtFpHOMWTHpEIkhyOCh90UzZxG=
-2BP-2Baik3y0CIIgifV7JzmWybrsHsvQqhepMCMH7H6Lh-2FyBG1XmJdVp4QVSNHwFpzjfSP6M=
-2B-2FwED-2FMxyWatzPyZuwn8O7" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">MGX</a></b>'s new funding strategy targeting as much as $25 billi=
on in commitments, Bloomberg reported.<br><br><b><a href=3D"https://url6380=
.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq=
M7ONnvsnswouzX3-2B0vtVWdMwnuH-2FOGqsGS9olYlhk51sbMoD4rntkjY6g-3D-3DIBbQ_I3w=
5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobk=
vvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy92Our1s-2FYICgOjS1PMpB6J1oSq6clU-2=
BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6sD5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZ=
XttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2BeyvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2=
BfH-2BZYkQDxiijxTO8IUtXUM9K6f-2Fj2N6OZC1TYIdo4CFrrYiXdPqz9z-2FYzfDZNsKNMuc2=
OGCQnaMcKrTYXJfg8jqRc5FQgGhr9-2BWYkz3vBwR8117Qop27R-2B6MpKifLEBm2b-2FmxbKJ2=
NZKpagQcpKXDFbKmv2Pa-2B0LLZdPWbffYuVRWsTFMeYkOMeB1b2IPiqRtpUkBeDKKprydholrA=
5FQvyNNmgxNQiZNbyl0rGal1Ni4mVR-2FzsEEw4SFvp8gTxT0K7LyQ5Ge0QQr5IE1Npgt8ZcWpv=
sv1yK86Mwsc" style=3D"color: #1D5080;" test=3D"" universal=3D"true">The Car=
lyle Group</a></b> is targeting $300 million for an India-focused fund that=
 will operate alongside the firm's latest pan-Asia fund.</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>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100=
%;">
                              <tbody>
                              <tr>
                              <td valign=3D"top">
                              <table align=3D"center" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0" lang=3D"x-image">
                              <tbody>
                              <tr>
                              <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/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX3-2B0vtVWdMwnuH-2FOGqsGS94DgUK=
MWwoy-2Bo2UPedaoV8w-3D-3D_sKt_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F=
3t1yZbcbdWeUgFVa0m8PzsFEdnbhvKobkvvdph-2BG2SHxxmLLNlkt4de51zRFZlxwlwH95diy9=
2Our1s-2FYICgOjS1PMpB6J1oSq6clU-2BntZ77iXE6mkk3Wx1EGw9gfEnyAy5xRtC8PJf7HU6s=
D5eudGmNSyKgPN3UEVRTdbEzhHSbQFbgZXttIepq0IkwgZvjyfkFBOtRE-2BxIAzR0yxWxr-2Be=
yvmRC-2Fe-2Bv-2BwCcUX5vVcRrP79U-2BfH-2BZYkQDxiijxTO8Lw0jyWXbQJUyOLPNhFPEau6=
rHgho7t79WjtsSRwdsFV9PQZOo3fT2MGcnsuPDSLJ7Rq0pQg55tygRMm5xL55DnZZMDqfGsLz1k=
iSuJqvwh5KzT6erpD6-2FG0TuJ3Xj6FGMIbril2ie0W-2FGIUQnX6gtS1KeMy7KMEDG-2BjJJkF=
uPYEujIh-2B1KaONsv4GNNd7Ab8bDS-2F-2F5TgcjxkaWfq2Uow5UhuEnqwDwX-2Ftk-2Bs8CBQ=
86uMEC9f2HaGw3YRO3Is3ma6ayer1VIVTBUphaUBNqfGRQ" universal=3D"true"> <img al=
ign=3D"middle" alt=3D"" src=3D"https://img.pitchbook.com/news/71516.png" st=
yle=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></td>
                              </tr>
                              </tbody>
                              </table>
                              <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>
                              </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>
               </tbody>
              </table></td>=20
             <td class=3D"side-bar" width=3D"140" valign=3D"top" align=3D"r=
ight" style=3D"padding-left: 20px;">
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