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Content preview: PitchBook Newsletters BlackRock CEO calls for Social Security
revamp; ranking AI's giants; PE at a crossroads in Mideast, North Africa
March 24, 2026 | Read online | Manage your subscription The Daily Pitch PE,
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=9A=A8 <b>AI companies with the weaker business fundamentals are trading at=
the highest multiples, our data shows.</b> Databricks scores much higher i=
n quality than OpenAI, for example, but its valuation is less than a fifth =
of the latter=E2=80=99s. Read why in our <b><a href=3D"https://url6380.news=
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</b>.<br><br>
=E2=80=A2 <b><a href=3D"https://url6380.news=
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etzPw-2FLdcGTG41YzdSrJ2jmYAhNbKYy6iEMEueWiaI-3D" style=3D"color: #1D5080;" =
test=3D"">Sign up for Capital Pool</a></b> to get weekly commentary on what=
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dth: 100%;">
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<td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_578928" id=3D"n_578928" 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;"> The sun is setting on private =
debt's 'golden era' </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>
<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"><i>By =
Kyle Walters, PE Research Analyst</i><br><br>
Private credit's "golden era," supported by =
floating-rate debt and anchored by the highest rate-hike cycle globally in =
more than four decades, is coming to an end.<br><br>
A yearslong period of PE-like performance ha=
s fallen to mid-single-digit returns. That's unlikely to improve in the nea=
r term, our latest <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJ=
cfMzTJfUavCkr-2Bm0Ul1xGB8okw1eBK3g-3D-3Doi3h_Pr966knuaHmaw6c7pKvB-2BCEiDnj5=
UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4=
vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE=
-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGj=
RFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F3v45W1W4cQg3pHCj9z4J1HBW-2BARsgo8Gpe5=
kGFJr5KASDGDkVr1KadfMXzDnWY-2F4yI3-2FYFc8yHGo8-2FkDGzYXJzrkJdqP9zHGJm3tHEHD=
cdAKw1NfIQet2WssY-2BLasoA8SxD-2F8u8nFLtxLs8K3sh0Y7VxRIsORgdk-2FkfwGyTjhJFEN=
9tUFUxYwQ4dKOKm6iqB0pwZJL548-2FEyXk8KItt1TFxGAt81Bk7IjWVpZObLcY8CheuQwB-2B-=
2FnktyxZtIyADqEhPnBwKD6EpQIJ-2FwtG-2BSbY-3D" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Global Private Debt Report</a></b> explains.<br><b=
r>
Fundraising is also under pressure. Retail i=
nvestors have driven the growth in the asset class and, until recently, wer=
e expected to power it in the coming years. Recent spikes in redemption req=
uests show that evergreen funds may struggle to give individual investors t=
he kind of liquidity that they demand.</td>
</tr>
</tbody>
</table>
<table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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<table align=3D"center" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0" style=3D"float: none;
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<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-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfUav7j2BgWl=
q7YlBCnIkx6vCMA-3D-3DW0WG_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uE=
JZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7=
xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92X=
AugAVJzG5RFhzFELu4F6xe-2FAvV7z-2F446MCap0D56TAnMz7acIljRwIg3tyuXZJyAwuGNYBY=
NSTuioIX8NmoApAwPfphuAM6HIdPxBeZUeCuLUbd61eVOFy3gu1DYdWAr3ifM74d76JKjkoyTZi=
XlOLQnok9nukPa2ju1v8HqIIcfJ-2FfcFcxCf4S7-2BV4k5K9Rzg9-2Fd8EDTb-2BN7zODzN-2B=
W2sjezSPvTGJLv5XrCHb6tUZ-2BrpetfSc8e3ltuyHk3h10BQNpebkpHU4M-2FrVORK-2FNMsH9=
x29iWs3TcHd3usnQM-3D" universal=3D"true"> <img align=3D"center" alt=3D"" sr=
c=3D"https://img.pitchbook.com/news/73415.png" style=3D"border: none; width=
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<td style=3D"height: 20px; line-height: 20px"=
> </td>
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</table></td>
</tr>
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</table></td>
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</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">Beyond=
probing liquidity, investors are increasingly focused on the underlying qu=
ality of portfolio companies, both in retail vehicles like nontraded BDCs a=
nd traditional drawdown private debt funds.<br><br>
Managers now carry an uneasy burden. Private=
debt funds still have plenty of cash, but underwriting scrutiny has increa=
sed. In this environment, GPs must lend selectively to high-quality compani=
es and monitor portfolio risks closely.<br><br>
Experienced managers are already repositioni=
ng toward infrastructure debt buoyed by data center financing. Regulated ve=
rticals like healthcare and financial services are likely next, where AI di=
sruption creates opportunity rather than risk for incumbents.<br><br>
The golden era rewarded anyone with floating=
-rate exposure. What comes next rewards something harder to replicate.</td>
</tr>
</tbody>
</table>
<table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http=
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ey0gnqVPfPXqA7MvmmhjzI2kdaF3Dz7dFKaVRPYxwcs5iq-2FpwvzSHumk9uALsmhHaP5KtfMzW=
0UmTvGfT88-2F35JLYeqN31ITSeTA6WNCrsVZEpyYXp-2Fry0UINe47kCwVrjnT4njookYRl2eW=
1QzTFwgKPCBBuC3XEOMbWGmrHXJmTyS-2BNiKh-2BNK7ezQwmMrgYt5Qz-2FUN-2FVs166a0-3D=
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Om0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK=
4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kR=
H8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F7557hZpBADQ-2Bzn1cx-2FZN=
RUpB-2FYqIIn69Zv40gbBBzFgERZx1YZ0b0k9VCoV-2BZMMosOpW4ZK07pm6J18vKAtPZAWFn-2=
BXRF-2FpTONLu-2FkU7mNMtu4HSq3di8xYBJnSzm1ual7i5nPBifdUbpY-2FzwDAkyeUFP5Ouxz=
oS3f-2FDotAgr6zXZ5aq-2FYiDleuk6Z9dRVfjUcXPHKE7-2FUl4ApIYE9OhSPZACYd7SIE-2F0=
uEynRjfyup865-2F8tN6TMhafH3tFifxId4KUOqh2vhMkYehMCRi6hc-3D" universal=3D"tr=
ue">February Wrap: Software slump drags leveraged loans to decade-worst sta=
rt </a></b></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2"> </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 Formidium</span></td>
<td style=3D"min-width: 20px; width: 20px;"> </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_578796" id=3D"n_578796" 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;"> Shaping the future of K-1 deli=
very: How AI is transforming fund tax filing </span></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"padding: 0 20px 0 20px; ">
<table lang=3D"x-content-area" cellpadding=3D"0" =
cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 100%;
">
<tbody>
<tr>
<td>
<table lang=3D"x-content-area-main" cellpaddi=
ng=3D"0" cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 10=
0%">
<tbody>
<tr>
<td valign=3D"top" align=3D"left" style=3D"pa=
dding-bottom: 20px; font-family: Roboto, Arial, sans-serif;
color: #000000; font-size: 14px; line-height: 22px;">
<table lang=3D"x-image" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" align=3D"right">
<tbody>
<tr>
<td align=3D"right">
<table cellpadding=3D"0" cellspacing=3D"0" bo=
rder=3D"0" align=3D"right" style=3D"float: none;
padding-left: 15px; ">
<tbody>
<tr>
<td style=3D"text-align: right" align=3D"righ=
t"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B=
rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfUavF1bdrMwujpWeI=
mNxCPyPBw-3D-3DS_kI_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kb=
McVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1=
nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKR=
jfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJ=
zG5RFhzFELu4F6kWB8QPC5FBecFq1bPFT9-2BsXFb-2BVSA5i39lgphfG2i1xoJavH-2F2-2FAT=
hGnEqppLpKaKxpZJ0jaR4BLppB5U5Afh4dd4fGJi-2BEjTlTfZ-2F08i2rmXvIUjZEnErwX13qC=
yxLJhekViXn9-2FL9sG4b8pHuWJZxwPK-2B9IgNwqnP7-2BwxKd0Y34Gb1uR4A-2BCDU-2BUzXM=
g55zozE7Qi0Tmuh36SNqOJ9kZa4z8MG9PI9cYnJf8NbNVnQSVY-2BLgdQ4oQY0wMxqm0Rlx4u7w=
t86kG-2BzZ2bTTP74-3D"> <img src=3D"https://img.pitchbook.com/news/73330.pn=
g" align=3D"center" alt=3D"" style=3D"border: none; width: 100%; height: au=
to;"> </a></td>
</tr>
<tr>
<td style=3D"height: 20px; line-height: 20px"=
></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table> Preparing partnership tax returns fo=
r investment funds is becoming more complex. Disconnected data sources, man=
ual K1/K3/1065/1120 form preparations, and last-minute reconciliations acro=
ss entities often create operational pressure for tax teams. <br><br>
As fund structures scale and LP bases divers=
ify, many managers are exploring how technology can support tax workflows w=
ithout removing CPA oversight. AI-enabled platforms can help automate high-=
volume tasks such as data extraction, classification, and reconciliation wh=
ile preserving professional review for allocation logic and compliance deci=
sions. <br><br>
Formidium has applied this approach across n=
early 1,000 partnership returns processed annually within a SOC 2-certified=
environment. <br><br><a test style=3D"color: #1D5080;" href=3D"https://url=
6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq=
M7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfUavF1bdrMwujpWeImNxCPyPBw-3D-3DmpNp_Pr966=
knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-=
2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXL=
Bsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HS=
p2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FyA5R6zjcmR-2=
FjidwGY2A03saNU5y7F-2FcWjX5cDPm6Q7JVCiGEl0wMDNzO3Htys066jHk1X-2BfVWV0xHDaEL=
Jzqzhk5FShilz55B-2FjH3ZbBds-2BYr7rFykbbEe50X3YIv0d1hxIoRnPMEyRwpZ9XXxqsNrle=
5rMUddieWPniWE7QDwtgQMAzH1IEg7R0eX-2FBE2IGYNr6hImvJA-2ButSgoFZ5mtmiC61-2BXf=
ByaHJcr3xArQ-2FeZab1Be87jnLCtBQjX3Yrv-2FVxLJZiL5fKlU4IBn1klBM-3D">A deeper =
analysis of this model is available in the white paper</a> <br><br><a test =
style=3D"color: #1D5080;" href=3D"https://url6380.news.pitchbook.com/ls/cli=
ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfM=
zTJfUavNbz-2F49zv-2BOuLYR8mpGLWmg-3D-3Dq5Z0_Pr966knuaHmaw6c7pKvB-2BCEiDnj5U=
wlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4v=
vtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-=
2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjR=
FF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4Fyo1WQ0QuKDRPI1jkme4Src-2Ffv7vHXhpcEhx8=
ufeoTUqIWS7nZDBLLLtq4Y4iJW-2BhEFLXvx5QXq6MTFoMMGlCtrDoYwyFD0W2CHAtc6REnudd-=
2B1-2FLM8tjVV-2FcjBK-2BacZpCIuq7McYLR5q0CSNMOhvV-2FFK3X3X1j8wrFm2fe6Hx-2FQU=
Hy4K9jNS8fMaB9KHOg2vscUSExDeb6Zz99YHn-2B0cQvQpQj9h-2FCQoqUZhv0C4aKwmRiZ3wWm=
LcG80KtePMsnEvUwNI18lDA0qDOsxVd74LU-3D">You can also watch a short overview=
</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"> </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;"> </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>BlackRock's CEO called for a Social Security revamp</b> and warned t=
hat AI could accelerate wealth disparities, in a letter to investors releas=
ed Monday. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfUa=
vwUvY7o3jX-2Ff4ppjdahU5tA-3D-3Dm7vJ_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQ=
P-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7=
laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y=
7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw=
8Z3iamm92XAugAVJzG5RFhzFELu4F-2BZmMp2Vjaq8iV8uo-2FTX4-2FAOLRfD2hTobVYTbhend=
-2F4J18YzNXYjRwUyMqInMtxle0lT4HTx5rFzx0Z8jSY6ckLzhapmWt906bbvEMK2zHrTOT-2FP=
yE6mtlMMr8-2BFbM8lLPCvhpKQfDDvHNGG8Dx2mygPXWSzBi-2FKXf4ueoYZ3yY5lsOQej9E7l2=
0bHnvla6NySftBHde-2F-2B3pYXkv9FCKRrv1x11SpJ-2BUzAF4Y8jUDK0pENSacriBsbqXmKFp=
xfOAWoEkTn8NKMUvMDk2nl1A-2FSg-3D" style=3D"color: #1D5080;" test=3D"" unive=
rsal=3D"true"><b>Read the details</b></a><br><br>
=E2=80=A2 <b>See which PE investor closed th=
e most deals last year</b>, with 342, and which VC firm was the busiest wit=
h 433 in our interactive <a href=3D"https://url6380.news.pitchbook.com/uni/=
ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZ=
gpJcfMzTJfUavMg10bUYFF7UB8J6NKTszqg-3D-3DGK6e_Pr966knuaHmaw6c7pKvB-2BCEiDnj=
5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX=
4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAk=
E-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsG=
jRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F9JXJyxTuydTsDvGKjmZBuB1-2BPeuOAHElTT=
wbeQH6r2lS-2FR5YqC0G4hnM1al94tHZJ5L-2BR2G4-2F2xLZ5B7xaaL7WUq6G5GOdpgkRdR72L=
5az32AJsb-2F5npyDR2X47A8sHnbALvvOW9FMlNXJ8UacuBgDvxH9XayqBiGAWDar4rcTrSnAqv=
P7z9Gbt0U7lfsE7AiuYzAH6Wn0SYcyZ03OKxf-2BTZaY4uf81SjZMoQvMwglj9zNsBO1AOP2xGj=
moQtSgqNIHH0eWIfYydf6R8Fso1xw-3D" style=3D"color: #1D5080;" test=3D"" unive=
rsal=3D"true"><b>Global League Tables</b></a> for 2025. We rank the top inv=
estors, advisers and more across the full range of private market activity.=
<br><br>
=E2=80=A2 <b>Private credit secondaries will=
likely become a buyer's market</b> in the coming months as funds turn to s=
econdary sales to add liquidity in the face of surging redemption requests.=
<a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7=
3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfUavM6xgSV72vFL=
tZehAIrO7bw-3D-3D2Abu_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43=
kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhr=
C1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQc=
KRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugA=
VJzG5RFhzFELu4F0CFHgGkQxu6kgkarP08yWt9Bekc0gCI9GGDPYr9owYoBA-2BGemqz2IQKx-2=
B7xUHZxFfncxBmnCgqYPb2PRjoUhfdeMgLwTVfgvXl2slleFY3fKD4CEMlwdF6khDdGKVY9ndM8=
pHykoKV0NzHDNrIsAKWtcda-2BY0yLRiYyBkNuBhGtzxW4F7QFH7B4iR5gYvB6YLpAyXDsdIqN-=
2BJpksp0GLi6frIYu5cj8so3lFCKM-2Bcsn9IjY1Hy9qQuU2IyFtzaXnInExbI-2BYvqnYV3Le5=
Z5Eto-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Read mo=
re</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"> </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_578921" id=3D"n_578921" 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;"> MENA PE faces reckoning as Ira=
n conflict endangers overseas appetite </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>
<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"><i>By =
Emily Lai, Private Equity Reporter</i><br><br>
PE dealmaking in the Middle East and North A=
frica hit a record last year. But the core growth driver, foreign investmen=
t, could be tempered by uncertainty over the war in Iran.<br><br>
Overall, the region saw more than $22 billio=
n invested in 2025, increasing 28.3% from the previous year, according to P=
itchBook's <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up=
n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfU=
avq0nnKTsmRaqPyJjiqpdmQQ-3D-3D_-JZ_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP=
-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7l=
aFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7=
QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8=
Z3iamm92XAugAVJzG5RFhzFELu4F2sC6EpOzpPYSa0-2FT2AP9SGl1VyiCsbFAB8OG2ies7k2v4=
bOzmUh6CA2cLA7mEjN-2Btuqw4PdZdfTQxWFsVU3pNnK2OJ4MKWN4S14ylBHqzqwDptAEcyKO-2=
F9HS9jSbhhtP4cgCBlerrgkak8OPBuB3q0gzJ3ENiEkXik3qT51hOLJ9SQu91v-2FqXeg8WJx7S=
zEmo1-2BzWZcWorwcG39JRFEity35MCVjDOsSorXvkBwtWcYi2fTRFIGJurNSvXDVpLqLS8Cs1j=
esMgxBswGNPO7ASE-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"=
>H2 2025 MENA Private Capital Breakdown</a></b>. This is the fourth consecu=
tive year of growth for value in the region. Deal count also rose 8.7% last=
year to a record 199 transactions.<br><br>
While governments regularly prioritize domes=
tic investments, overseas capital remains a key pillar for the development =
of private markets.</td>
</tr>
</tbody>
</table>
<table border=3D"0" cellpadding=3D"0" cellspa=
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" 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-2BaqM7ONnvsnswouzWipCM6HitV8kqw50ei5wmUyaLYF4sfy=
Fk1XwUtzmmm-2Bw-3D-3DOgGn_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uE=
JZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7=
xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92X=
AugAVJzG5RFhzFELu4F0EiLdAjGyNG-2B-2FCfnFFGswgL0i-2Fze4wxIGnz-2Bjntx2CQ2-2BP=
ugcqX6G-2FGEYovEk3Om0LxrSN8-2Fn-2FYpsdCFnp93XP9gIAb-2FtmIAlUWmTsQ-2B8IxY5xh=
k1cJqCrdHti9O6N6wpezjKbwxNgNKeUP45SIuNb4PF8xasOgVfP6XJtvv5CLnRRqJK0o7oIzEFd=
d8HGiHJ-2BroizkzX6u2pqP56waQi8AZk9h1lGPg8vPV7MYRZosCDaf-2BORk-2F-2BRisqmUpO=
7bTNJmMexXPqkLBK3gXIBBpWY-3D" universal=3D"true"> <img align=3D"center" alt=
=3D"" src=3D"https://img.pitchbook.com/news/73406.png" style=3D"border: non=
e; width: 100%; height: auto;"> </a></td>
</tr>
<tr>
<td style=3D"height: 20px; line-height: 20px"=
> </td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table>
<table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
">
<tbody>
<tr>
<td>
<table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
<tbody>
<tr>
<td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Cross-=
border deals accounted for almost 70% of all PE deal value in the region in=
2025, a level not seen since 2016. Foreign investors participated in =E2=
=82=AC15.5 billion of investments across 112 deals last year.<br><br>
While there has been clear evidence of growi=
ng interest in the asset class, the conflict in Iran has cast doubt on the =
longevity of foreign investors' appetite.<br><br>
President Donald Trump's announcement of a f=
ive-day ceasefire for military strikes on Iranian power plants and energy i=
nfrastructure signals that the conflict may be de-escalating, but continued=
uncertainty in the region may cause deals to be pushed out or cancelled as=
investors adopt a "wait and see" approach.<br><br>
Governments in the region well understand th=
e importance of foreign investment, and several MENA nations have been taki=
ng steps to attract more international capital into their local markets.<br=
><br>
Saudi Arabia removed its Qualified Foreign I=
nvestor regime in February, allowing all foreign investors to directly buy =
Saudi-listed equities through licensed local intermediaries without QFI sta=
tus.<br><br>
The benefits were expected to spill over int=
o the private markets, as deeper liquidity makes larger IPOs easier to exec=
ute and public exits more viable.<br><br>
The United Arab Emirates also launched its N=
ational Investment Fund in November to encourage incoming FDI through incen=
tive-based financial packages to support the implementation of the UAE Nati=
onal Investment Strategy 2031.<br><br>
It remains to be seen if the political uncer=
tainty will jeopardize these government efforts.<br><br>
Some notable deals last year include KKR=E2=
=80=98s $5 billion investment in Dubai-based data center operator Gulf Data=
Hub in January. Permira and Blackstone also invested $525 million in Dubai=
-based property portal Property Finder in September.</td>
</tr>
</tbody>
</table>
<table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel=
ated article:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/c=
lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWipCM6HitV8kqw5=
0ei5wmUvoo8LZKAFD-2BYRIb0RfFy4A-3D-3DxtD8_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uwl=
JYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvt=
KtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2F=
xtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF=
26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FzS2U53E9qiQpVB2QKBZi-2FQ-2FpEP5oUnhdXxV2=
U3GVqBDbi3r0-2FzXaNK75CigNF271Dh3ln-2FrOXWC4yfXmYWY0e8AlR-2FE7S3TMZ0nF-2FSR=
uvyNWSn-2FLWoJ6y9XO3JdKWSHHTdPsHXT1E0lTquCMkaZ6CJd9ds31lNYXrjfL9PLyg7dDPXin=
ZxW2bVXGzq1XETew93pSFciPXKpn45fAC2f3rCodHDFIFdbooEJxiXHL2MyvnEDYLVWVv6KE9yJ=
fEvp6zhklUTKwf-2FHjki5ENNIq2w-3D" style=3D"color: #1D5080;" test=3D"" unive=
rsal=3D"true">War puts Middle East and North Africa=E2=80=99s fragile VC re=
covery in danger</a></b></td>
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nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
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<table border=3D"0" cellpadding=3D"0" cellspacing=
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0%">
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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>There's a quality gap between A=
merican and Chinese open source models.</b> Theory Ventures' Tomasz Tunguz =
comments on the open model ecosystem empowering startups. [<a href=3D"https=
://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF=
a-2BaqM7ONnvsnswouzWipCM6HitV8kqw50ei5wmUIk9B4s5tByRoVrIK9AO52w-3D-3Dtmm8_P=
r966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtY=
h1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9=
ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9=
e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F6o-2BNSX=
NP3xGl8-2B7OrUsF71ViLq3qxvruFhLpLsPefj0BWX9gBqBKLQ5CRH5OVWherYNr9KqIRKh9yNU=
vKzWkqDJlkIcfWx0bIcAgJ2hi5jn0UcoNzXzeIRDmvdIJ1FeKhxjZT44p0gA5FJKi3E0Y-2F4Hc=
VRYkQwNDMdwqqBZZKTmI0W0buM64bl-2FFFkpMwhLogvvuWZXcatZTbmKY5T4HWCm-2FsUTY83j=
skbSuyRtQPDi0Rbk2aSwgfhmZNTTUhrRNFSOCCGbUvYpxsUqnZcIX5s-3D" style=3D"color:=
#1D5080;" test=3D"">Tomasz Tunguz</a>]<br><br>
=E2=80=A2 <b>America's air-travel system can=
't get a break.</b> A budget standoff in Congress, rising jet fuel prices, =
ICE agent presence at security and now a runway collision at LaGuardia are =
putting strain on air travel. [<a href=3D"https://url6380.news.pitchbook.co=
m/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWipCM6Hit=
V8kqw50ei5wmUHNi4p1HRn-2BvY2qaNDy714g-3D-3Dtj0g_Pr966knuaHmaw6c7pKvB-2BCEiD=
nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2=
DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSN=
AkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAI=
sGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F5JgHcFdjtFYGnHLLmQZRzANSck7t-2BylN=
DTAgfWrbrHHr3L-2BwLbTnsSP9N-2FqEVyV2bRYVBcAtR3tdSBckHutX5PZi2MVrG5vZOb9S-2B=
XQazX7Hq12QOEtfy77CxBLX29RZ3xwK2UNLAyVViWgCiBRwLJo8HFBREuZ9doZoHJQFrRrQNk8h=
yP3ogjCFvmHtA7PfBvjwVyPSmarX9TjH14w7FOifOigm-2BO5uc3F2UIKkW-2BGsDx8cw-2F2-2=
BLO-2BrMCIdWyKCuopzD5xKgnGh6RPgd-2Fx11o-3D" style=3D"color: #1D5080;" test=
=3D"">Reuters</a>]<br><br>
=E2=80=A2 <b>Mistral's CEO is calling for Eu=
rope to impose a revenue-based levy on AI companies</b>, compensating creat=
ors and ending the legal gray zone around training data. [<a href=3D"https:=
//url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa=
-2BaqM7ONnvsnswouzWipCM6HitV8kqw50ei5wmUWeVhBAJFkTOFMIeE7PL0bw-3D-3DRgAL_Pr=
966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh=
1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9Z=
yXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e=
9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F8sRaulmlI=
AJNYFtM2FNGYHR65um2AB0AS9hzE8hUbUhtWgxPB3SLZm7Pu5sd9z2kvvGfXP80kH-2BU5pVlqH=
lV-2FiLT0MeIRp9bdvNr2MC81rEo2-2FXO89nKuP1I-2Fm1gxRO6wDAMgLSiIKBiwsRWM3O57Ad=
7mSrWg-2BDHO3usZ7GE2Efj0Ucd3FVf3ioDMHpChX2FrsML94Rj4RF4-2FM3oZr8mOuy3MP62X0=
XTw6ehxuIPGDvhkaahemr6Fwyvz90iz5IXGqkK-2F2corPXzvrQ6zMRzIw-3D" style=3D"col=
or: #1D5080;" test=3D"">Financial Times</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>
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20px; padding: 0;" colspan=3D"2"> </td>
</tr>
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pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20
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yTW_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2=
-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzL=
YMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQt=
Gq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FzMD=
Pyy6gU8owvzMtKDy3lwTnwRt3r5rmjPY5j5IL-2B2lMUli3ChWVFDaXVwP4lC-2BEJJZ9NEi4mV=
kEhWmShnXzkavqMqY17gmSk-2BSHcqhHSANgGAFrzt4aKAaPA3aAKmvMg971Rz-2FDXR8EHVXla=
63CHkeqMVDYpI6-2BOlC0W8jbIxQxJxQW6rslHy8FGvIFEXuSKA9mwOhtchZcJmf-2FrPa4N-2B=
QgiDuaEzZyvzlNqkU7PwTzdyhps0E28DAqpTX9-2Fy8RDCljNypvFXRjGYgRHVjGU4-3D"><img=
width=3D"460" src=3D"https://img.pitchbook.com/ads/ad4501/Monroecapjan.jpg=
" alt=3D"Ads" style=3D"padding: 0px; margin: 0px; border: 0px; display: blo=
ck; width: 100%; height: auto;"></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"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-top: 26px; padding-bottom: 37.3px; white-space: nowr=
ap;">Since 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: 25%=
; min-width: 25%;
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;">
559
</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:=
25%;
width: 25%; 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;">
2241
</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: 25%=
;
min-width: 25%; 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;">
1181
</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: 25%=
;
min-width: 25%; 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;">
19
</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-bottom: =
13.3px;"><!--[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-2BaqM7ONnvsnswouzWipCM6HitV8kqw50ei5wmUvVLLOehFx3wqpka9XCbxJQ-3D-3Dj4R=
K_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2=
BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYM=
dL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq=
4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FwDxo3=
EQUfZG9GiWrOj2EH-2BcfWtU8Sx3CYu8oq-2BmcEQVXy144lXCoPx1iUrbraTjx4wM55O0pmAQs=
EcJz0-2FH5TNK1S6ZddqVHJXhwBBGHpdS-2FxQXn-2Btn-2BNJW6KRcZVxHehN-2BN78S76GgUt=
itwSkJFMicR8YNsy76YN-2Fvltkp-2BC-2BVnjTTYUzTrg8WFb-2FmaXkGapMOOi87uXnfhTiZc=
Q-2B92YdaTMonpMPgyBScpThungSTV4gnvNlYPG-2FhHCpHSxp5KFTuLS-2B3J4TLF2Ths0U5Rv=
E-3D" target=3D"_blank" style=3D"display: block;
font-family: Robo=
to, Arial, sans-serif;
font-size: 12px;
color: #000000;
text-decoration: =
none;
line-height: 24px=
;
text-align: cente=
r;
padding: 9.5px 21=
.5px;
border-radius: 99=
9px;
background-color:=
#F79B3E;
width: 150px;
mso-hide: all;"> =
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>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td height=3D"20" style=3D"line-height: 20px;"> </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_578975" id=3D"n_578975" 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: 2015 Vint=
age European VC 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: 64.53048509123276%; mi=
n-width: 64.53048509123276%; max-width: 64.53048509123276%; background-colo=
r: #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">14.50%</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">22.47%</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;">
0.86x
</div>
<div style=3D"font-family: Roboto, Arial, san=
s-serif; color: #000000; font-size: 16px; padding: 0 0 30px 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=
swouzWipCM6HitV8kqw50ei5wmUS1V-2BS1kUQO5odarjrTH06A-3D-3DGACZ_Pr966knuaHmaw=
6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA=
553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2Bn=
lYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bH=
T4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FxSyZ6MWLq77tAEEvTda7=
Ia8RzM68p96Ew4Q2Us9-2Bfgp8pfMDQ12-2FbawQqvgAFRPafMBOxjWZv0sumGJfmeVRntn-2Bi=
-2BKdwF5NoqDw1pqNW3TBaFYGZ03f7782fYr-2BVEf9as6SpxOgYfRMdYO-2BI-2BJFOVdDsOih=
fOVPKXoXzdciDkm45zQSPG3CxN7XpBLrPOd30k5Lz6e3qp0FJmvFITMkXA3IcPiv8TFbzVna6Gm=
CX-2BgVLoF2Yj-2Fjvi0F8SXIxRAwMEWIn2TtyVyZYMOg0Y8dcA-3D" style=3D"font-size:=
14px; line-height: 24px; color: #1D5080;" universal=3D"true">Index Venture=
s Growth III </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=
swouzWipCM6HitV8kqw50ei5wmUqBT5sN8nUrcMODOSK1hibA-3D-3DK6ju_Pr966knuaHmaw6c=
7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA55=
3xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlY=
XK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4=
kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FxJSm-2FExT6smp37dIN9sR=
590hX2vzd4gDRduXCFLpQdYh5GG2GipWLjfiptR5NwIp-2FaC-2B9cumqWR30R1RLutz6qfZ0PB=
AlxYgBLE3B7vR56xJMdTznHDfv85tVtarP-2FeTuwivDT48QqHtOiZ5oCRN6GPvqjFbWCwlnVs0=
Vj8WZm00XrrSp7szMvoJ8SQTT2T9-2B3INUT2rvgqq95OIuMU4aLa-2BFq0C9uYwWlZ3BabGMtG=
5jY1NNssr4ruzHRpLlfPa5XRbP37it2s3mTk-2FRDyYYg-3D" style=3D"font-size: 14px;=
line-height: 24px; color: #1D5080;" universal=3D"true">360 Square </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=
swouzWipCM6HitV8kqw50ei5wmUEY17fzRcYPTd0s7JHK5DPg-3D-3Dbh-w_Pr966knuaHmaw6c=
7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA55=
3xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlY=
XK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4=
kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F7LIFUA-2FlaHxDsxh7ebBY=
rjKy9co4p4TbT6BTXB5zOSqS3dXltiMNZ4e1wlz-2BtgPB3kgqBQt-2B-2BekI9X5ToDRuF9NbG=
uGKRqIVjaDJqH4Jffs85B-2Frps8v4vI9w2jrKpk2NNHgOCC23-2BtVNbno8IB2Lqb-2BA5yUjo=
L8G4aSdIuRNyiafrfMStMXaHhACu7rA0ciPmx-2BBA7EygCpqu2KZkmtuwtBHVnXRPMWcpWf2ZL=
V0eSi9xl3nFi8TGhlig-2B9wWfVJUObJHy1mZA0tc2z2TE0No-3D" style=3D"font-size: 1=
4px; line-height: 24px; color: #1D5080;" universal=3D"true">Pi Labs Fund I =
</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-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYexJbVL=
idQOwjLkAGCZpCtbyQ-3D-3D06Ve_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4=
BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM=
2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQY=
va7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm=
92XAugAVJzG5RFhzFELu4Fw7jIIf28dQflfrL0eds1vCninAHj4hGGkxyBo6k8-2FKCPGuhfKhh=
2DCnZeXdE39BCNbyhdYtZDIwSdqKO-2BS1zNBSbcE-2BToNJSv5eIZ6W7-2F-2BZdeLBUK497eP=
nr15WVtXUthH9ScdSaRThUuokLZ0ppP9OAzrIltKo3fm9gmWHpRqJN8yXm9FEDEygBNlS-2Fi3q=
3MRPOdF3X2llDxKDw01j-2BE43ayKPna2g5uoNy2kzpIcGeLCoKIdcFJJWQtgjKH9RZeI0PqR0L=
FCq49vzLMqfV7I-3D" style=3D"font-family: Roboto, Arial, sans-serif; color: =
#1D5080; font-size: 14px; font-weight: 700; line-height: 24px;" universal=
=3D"true">20 Funds in Benchmark =C2=BB </a></td>
</tr>
</tbody>
</table>
<table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
">
<tbody>
<tr>
<td>
<table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
<tbody>
<tr>
<td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Check =
out the latest version of <b><a href=3D"https://url6380.news.pitchbook.com/=
uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt=
7gb-2FUu8KeRyLYexmDFI09hjPMSHE1khFw5kfg-3D-3DWuMb_Pr966knuaHmaw6c7pKvB-2BCE=
iDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQ=
x2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgK=
SNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoR=
AIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FwudSyxOcI0i4bEJyqwTkIrxJ-2FGRwo8=
9flUewiBkrVcJ1AGiPXgW9crYHt19oA36StbocxK0cH-2FuYG7tJrS-2B9FL3trmGz4LMYamnX-=
2B8QTRh57AagdeOVIakBReardLgJRdkeNC3B0JBelYNzdqUQEeZsV-2FAGiDNeOMLYJiclSr6dK=
JMFLLWfdhaRov7PR89o-2FjEtlcEmtnoLD4Zeim-2FBsdaFIiXScSrqEhIMVJ0KNbPk2BmcY4gr=
EKbAchkSXFsXmWSz-2FyH97v3HQcaLI6eUrjs-3D" style=3D"color: #1D5080;" test=3D=
"" universal=3D"true">PitchBook Benchmarks</a></b><br>
</td>
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</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
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<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"> </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
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<td lang=3D"x-advertisement" style=3D"padding-bottom: =
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Gq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F5yS=
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rZQz1eEq-2B67GEXwaeCqjuIlXYkKxfOK0L8YGAI6ClLbX7DGXHZ0V8lkw9apmeM-2F4yOlI28r=
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<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=
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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_578897" id=3D"n_578897" 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;"> Put your brand in front of the=
private market professionals who matter most </span></td>
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<table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
">
<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">PitchB=
ook helps companies reach investors, executives, and dealmakers through hig=
h-impact advertising and bespoke research. Partner with our analysts to cre=
ate data-driven content or connect with our audience through targeted place=
ments across newsletters, reports, and PitchBook.com.<br><br>
Clear insights. Trusted data. Meaningful rea=
ch.<br><br><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du00=
1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYexQVRtf=
FqqZ92T522ZWuePtQ-3D-3DqJeV_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4B=
iQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2=
uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYv=
a7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm9=
2XAugAVJzG5RFhzFELu4F0lKTvuis04vNMgF5tLQFAmoZtlgUo72n3HDjxd67ixRq81dV2-2F66=
Np7nKx04CwHVz1147MvCI0mhBeZSpD1diIwZT-2Fmv0YB-2FqfYitT-2Fmqgfq5NzMuG9s7L8Ql=
oDO-2FuK5ComzlOhPY8IEI30kWS3ggTNXxRpXTgNjfKcFJZAU2vRLIKedxvgQw-2BcWi71XUxVc=
qybX4S82cFXuduPdXagL250dY1AYhmch08h9Vk-2FF6J2np81oIBgRjrbeovvHzzBDip4YSY1Az=
Pz-2FbZPM-2BR8Z4w-3D" style=3D"color: #1D5080;" test=3D"">Explore advertisi=
ng and custom research opportunities</a></td>
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ight: 6px; padding: 0; " colspan=3D"2"></td>
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</table></td>
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</tbody>
</table></td>
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<td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2"> </td>
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<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>People</span></td>
<td style=3D"min-width: 20px; width: 20px;"> </td=
>
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</tbody>
</table></td>
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<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-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYexxrjblYLFxaJJUIRgsw=
iAbg-3D-3D99ZC_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8=
UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra=
6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-=
2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RF=
hzFELu4FwvydIfC320QxOrj2zZhVz6gn-2FQAx3QJLBoq1bjeJapIWUiGDuvDUpyfV4zfK0-2B3=
y-2FZCU9sAxWmyP1EGuvfE-2BOBiaKdA0t3X76ZiegaX6-2FoEUiSeoIJXvn3dCcbyUCfVxulkz=
qUa5ABLsX97r-2FtQkofciq3xddqpTxlbIGBa6w2v5GGAwGSU7-2BS-2F4-2FE17Atxgdibvuvg=
KCFp1TGO53FdRTqMuN6iPKA0gr9MVzFJhhAbM7yrx4yCIrmcLOF6sui2H9ry8NugIX1cQaPA3gq=
PFN0-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">ECI Partner=
s</a> appointed <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/cli=
ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8K=
eRyLYexh8Iq3AUfIOaPZS3nl9ygDQ-3D-3DDUGM_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJY=
L0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKt=
PoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2Fxt=
K13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26=
tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FxMs6hCgGc6ngNEq7VHLTcWpGbRKDNETbxQJ91oQLNM=
J-2FTpvuwiMDSqhdGQNkiW8pkKElxqwzgj-2BlePzbxT7ofU5ebNxoBSIBUGw1e-2B9A1OktaSw=
0-2BdyZWw9-2FSsyizPiJI4jtEkMKN3GA1hNG0r5lpBjfAzz0U2zHTIL48SnYMnlqQ4s7HMBFdw=
BAiVOyYVOaSwu4kyFKyL5ytYgtVV0ziP74rb4qQpJc1Aw7-2FbKojXPXrjlaHxOyixs3ktJOMDp=
k5IJBo1LhcArfQmedbQjcH8-3D" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">David Danon</a></b> as a partner in the investment team.<br><br><=
a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B=
rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYexTVczBn8zRJ-2F=
GPywhUKGX4A-3D-3DY7AY_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43=
kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhr=
C1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQc=
KRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugA=
VJzG5RFhzFELu4F2YE5r-2BzSNlSTTrF27l9rc2MRmMS9qS852I1yaJ-2BGMGXPxm1szKD1pk8t=
Kq0ozry4tYAb-2FkLDkqsOIpuHXa6RZABc3OAHyld9eWR81cso7ztj-2BVR8ZkWg8otHhZlu2sR=
JviVLZwLyikJF0OITio5ShqGh1uENLThDmKtQ-2BK0ghRU-2B1aVACbHDD-2BOMzQnXTIxXzRH6=
74kcbd-2FHoQdZotkHQCxpZynna4qBwCOrrH3qxAZr0WHAqtAK-2B-2Bi4L5Sg33iJsibj6qdZe=
fOBlmoaIL-2BASs-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">=
HSBC Asset Management</a> appointed <b><a href=3D"https://url6380.news.pitc=
hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw=
ouzWL7XXgt7gb-2FUu8KeRyLYexmexfdNWvpD2LAlRAsufmtA-3D-3DkP8m_Pr966knuaHmaw6c=
7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA55=
3xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlY=
XK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4=
kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F2Zv5ozhTCysjhoTRxpDXr3=
3grTZqxPQyF4KYAIJECzCeLOASTP8jUJQpdvXXYC9Zu-2FgrqVdec8kvNOHGcx-2B98cimYRwZx=
UiKbjrIZr0j-2FL4DGWsUAgKkOJZR-2FZFdVExt7PUFvNeM6HG14640-2BV6vLgIW-2FN524rnq=
ky9FWqQ12CjbrxSpYDzKnGfvV4yJi7RZELIWMhtYoH6rqwz-2Bl08M6AwJQrGrOwQXoNjT-2FGi=
XtJgMQASsrOs0W6RcGM98v-2FA4h5HFJXoCobFbUIsdfhP9hA-3D" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">Thorsten Michalik</a></b> as CEO of its a=
lternatives business, from April 1, succeeding <a href=3D"https://url6380.n=
ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7=
ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYex7rxy497UBmzZsqJI50VxYw-3D-3DEhFR_Pr966kn=
uaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2B=
P-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBs=
az-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2=
wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F3Uih1jVWcRjR20=
eQ-2FtqgJoeROBtoj4f-2BLhfJqi1DwlFHEDm5x9fxzYa051QqpHWLbVltgfShK9mWxsXtfQuon=
Drv4XIsPyRC-2BGGn2Hu9A8oIZ8oaEqmfXPVOdls2hunddvec3xccI2bjz0cXe6NVhUHY7Y9Db-=
2BX0DYSrvDWjzPpco3R3Wgt4k-2Fy2zG0xiNpwAA1IhdCiS5pSHKY0cmOO-2BVmfcyXcUc4-2Bs=
uqrfspbBSMtqC3J2JDDxHUHLBInDc33oHfuQorr-2FKC9I1tC4JM5j4-3D" style=3D"color:=
#1D5080;" test=3D"" universal=3D"true">Joanna Munro</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"> </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;"> </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">Agtech=
startup <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYe=
xMhot1P9jtuW-2Fylag-2FKBtxw-3D-3DXRiC_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0=
YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPo=
N7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK1=
3y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tf=
xw8Z3iamm92XAugAVJzG5RFhzFELu4FwwrUUAEGbX4xIkMBUF3bV-2BDUtvczn8P1gWzY3AS0VI=
pC-2FjjX2v4N24I-2FS8qM9GrS4k7I1wGNuuPD48-2BBD0fuG690MqoWIulA8rGDDxqKRQ02IZx=
D0buigq3L7bsNoFeDYx7YstweerW9pWqF56xurI-2BIvg5TgsyHxD3dgG59Q-2FaNmVBgI-2FyQ=
HQ3r5-2F-2BK0FvMX2CHF5K1odg3W58fqchYtPCqi0xKiDTyJqD8-2F58DUZ9rb2xrCfv8dgxw1=
00MOZTiAkUtcmNiXnhiCjfZcbNH4w-3D" style=3D"color: #1D5080;" test=3D"" unive=
rsal=3D"true">Halter</a></b>, a developer of AI collars for cows, is in tal=
ks to raise a new round led by <a href=3D"https://url6380.news.pitchbook.co=
m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW=
1tXYE7tcb7FxI1oY5dGxr6OX1b4VTKQH5gvf2Jw-3D-3DnTxO_Pr966knuaHmaw6c7pKvB-2BCE=
iDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQ=
x2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgK=
SNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoR=
AIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FzW67WpgTm8QQhS2L5gJT-2BO5NXsXO-2=
BEDbXp7NDSTkJ-2F44NSJ-2FBEWRirabX2KwF7LfsFuka2dCpWXqZFaFyKhEiU8sGk3m7f9B8HD=
saNzdFJ70TY-2FppeQoAyTKhORF1lmckBqFoHv4k77HkDiw6ecVuEb7utQPNecY6f5M90XF4bFo=
Ewa2FPq2e44nUpmuPEZhiTV0k5DGLAUpj5NHZLbHtT-2BwhbJEQH9SC1y6xihpNHUw6CnkT9M1q=
R-2FEIlEZrJavbCw-2Bh3hwVY1A5mAxcSYa0s-3D" style=3D"color: #1D5080;" test=3D=
"" universal=3D"true">Founders Fund</a> at a valuation of over $2 billion, =
Bloomberg reported.<br><br><b><a href=3D"https://url6380.news.pitchbook.com=
/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW1=
tXYE7tcb7FxI1oY57SX-2F-2FDRI37wZyIQLwxCrKw-3D-3DH3dR_Pr966knuaHmaw6c7pKvB-2=
BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gP=
VZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGP=
lgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBM=
uoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F1Ns6GAwScOgaeNgL-2FOjMmtt43e6=
EUeO2IvnI7VIJudKA8tYKK02cY-2Fz8ekSbx7x7WIkU4ikO6O7B2H5ANRdzOHiu3LF4W-2FvfDh=
IS529tf-2Blal5ktQ0ny2J71bJ2j8G20Emso2PpHyvvlwTMl8nDOQ4bwrbuOMfXtHdgBlBnF9D3=
vuQanoR4W6ZW3XPKJ4c5Jb-2FBhyGtglIBEAMsPgrdUzeI9f5RnzD9CcsBkWHiL-2BaNL2W85Qq=
PNjbrfQxVuoF3qrdPy6Lj6tdNmmfXZgdLGJA-3D" style=3D"color: #1D5080;" test=3D"=
" universal=3D"true">Dash0</a></b>, a developer of software observability t=
ools, secured a $110 million round at a $1 billion valuation led by <a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb7FxI1oY5uwLWlsp8hX1bYekQfzpwD=
A-3D-3D-dRk_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA=
68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SX=
GbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FS=
xV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzF=
ELu4F-2BkvSabEORR092UBtOikw-2FeQ1RuqcHvq0lUNeQXI-2BSIk-2BcCiGxTj4RwgLfMXgJf=
XVVNZF8JNU-2FsQN-2FC4ljBiQxOlViK550-2B4G8aYh-2F134pMMFDo4iI-2BTCm2RmJf-2FWk=
x91n1HNxQx0COiENWxIAsVbpF159lJekRFjIrPdKWU-2Bn2XuXMPQ1IhTgw1ZxHVtx27p02dvIw=
U4PJO06-2Fc6aydD7uzqP1AcxuMII6GZNwggUAB2ZTi3zTeCUv4WqqQznGqEiZjiPYk-2B94wqK=
ztz0k64t4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Balder=
ton Capital</a>.<br><br>
Autonomous driving startup <b><a href=3D"htt=
ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW=
Irf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb7FxI1oY5hqK1cN2C28-2FFy3uYqGr-2FxQ-3=
D-3DnDXB_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68N=
VRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbj=
vvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4=
gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu=
4F0BVpmt0oqqohBySCEA-2FSIK8W-2FVjpSqc2Xaro1ElsD6xuMghlg1-2F-2BDGFE5ButHPysS=
XEKSDHV9Le5fGY3ef9OiMxE-2FvjOYa5hmEmwOB1fu2aDOQS4kQhcrTwj-2BqS95UnqlHxZmnvY=
nd0Wrf0XH7FAeA986VBWaJCK9ZJIC2OFTzW2CexhhVQe7RkiEZ8r6BEVZqXvS7R4XbtZJmsnwit=
23aBumsAAgFLjsetSXHyxmpZgmCZZgZ8TAvL3l9a2cdcJoaN3MJJy1V4HLbeBxB836Q-3D" sty=
le=3D"color: #1D5080;" test=3D"" universal=3D"true">QCraft</a></b> raised a=
$100 million Series D from investors including Ningbo Ninghai Xingtaihe Fu=
nd, <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d=
4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb7FxI1oY5XVvnZEtyR8=
KNCPDy2IyaTQ-3D-3Du1zS_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI4=
3kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZh=
rC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQ=
cKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAug=
AVJzG5RFhzFELu4Fw-2FF0VF-2ByrZkyrVdLpEfXCCJNvufjXdhtkRXkxjmwAkZpC1ej5k8E-2B=
HHrxb8Q1gMhSbWtxRYEe2RWHxdNpHO7qcG9qESPCbXVsoM9s0KY8vppCMSwfkcZGJzr0bD-2FpU=
WLUleYtFVCog9-2FNcoZX8u3Rc2X8GxB8CQO0-2FGpgdT2-2FrfAMSyFhatB1ljtVQZoTpL8VEN=
ZY8Jd6GYhQq9kKVTIDFsb3fB-2F6HeQ4glI6Fi1kTowoWXNDHG4rKOYmrAttY8H1AoDnzsAyCZF=
fUOErlAZpE-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Wonde=
rland Capital</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb=
7FxI1oY5UySOIr6OcZY9NFZ9Aip84A-3D-3DAZWB_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ=
YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtK=
tPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2Fx=
tK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF2=
6tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F488nkT2G0q6X-2FOXme2Lk8g-2FH-2Foq4A-2Fkn6=
tryrAiJx-2Bn-2BFqzhFIgUAOLSDbxJ8rHIt7Wp-2BvdJX48yw-2FMWXXTk1EXms1WLIJ1C6Uxi=
LwLieKKvgvtAKv7s4MPK19SXpxv93Xo0nHTS3vshjCLwxEwaD3jbeARNlYf8Ks-2F-2BhUEIYAC=
2pf0Y1WOkfkfCURzArNaQwBmOjyECX-2Bd61fVjgabu5BZnWSPFXm-2FUBLV4R-2FGAcEy92qD5=
8FOxwwueDnW1zKXo4x3qtsa98rlY91xYlPtupw-3D" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Liangxi Science and Innovation Industry Investment=
Fund Partnership</a>.<br><br><b><a href=3D"https://url6380.news.pitchbook.=
com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsv=
sW1tXYE7tcb7FxI1oY502ujuOBxJXYMHRWJFRyt8Q-3D-3DKvQa_Pr966knuaHmaw6c7pKvB-2B=
CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPV=
ZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPl=
gKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMu=
oRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F-2BuNnSrQIVdV9pVszF30vNALXq2Zw=
uncz-2F7GtJAcvs3gxWQ27VPivrl-2FNsDBF-2BzYkYmyKCfDs0OpDvdpFgQUFV72-2FJIR-2BH=
d3LXI9Hr1bj90K3Yw5akIfuIn4K2dM6DryzHcCgDGFqAC22UpC2jGtXkYd-2FvPelA-2BaQboxv=
4wz8k-2B40VO0Cg-2FKuloSrxfUM0LSd-2FDIb3iLYbhqaFsc2TpsszSQxn51SmvYSDcaa0agHU=
y6cUJFhDJ0WMenFdpGBtGBohfg4YzjRd4JO7S5Zuny-2BxU-3D" style=3D"color: #1D5080=
;" test=3D"" universal=3D"true">Doctronic</a></b>, a telemedicine startup d=
eveloping AI for prescribing medications, secured a $40 million Series B le=
d by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb7FxI1oY54Ds-2FXII=
ez1w5WyczafEt-2BQ-3D-3DGHt2_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4B=
iQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2=
uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYv=
a7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm9=
2XAugAVJzG5RFhzFELu4F6Stu-2FwNFJd30bhMIWLHQWbnOJut-2BDlyRdME4L-2F5bSzccnKuL=
fC9SkhJMR3CxAwQdqeZoIOIcV9Ro9OOcx9OsEXVKlND37kyN7h5tAxowitU11SkVliWHweC0nrQ=
uxTLob7U5i4ooHuVF-2Bpiym8acbQv2Kw-2FTmsO-2BSrig4kb2242Vz9TNru4wQGZAePtpG-2F=
Su-2Fl-2BHDsiPVircaovnO96RXWAuO0ym678QR2sBZfSbp2ZPDw6DSijKWskvGRQBdWYz-2B0Y=
HXdmwavutCiS80oKWyc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tr=
ue">Abstract</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/c=
lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb7=
FxI1oY5owgzFw-2FKH5AnMSu3LCeapg-3D-3DO8dy_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uwl=
JYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvt=
KtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2F=
xtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF=
26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F8WRByR-2BHIK1GOw7U0OhXe6U6KF5ahZ9TbwDVOp=
vzSCfwiIPNuC5wXCBfv0fpMgy5yOX-2FVfK0z0HPxhLfRUHDtMuevHnOfElaP5izmBBhUgvsepM=
lOx5r-2Bki-2Bb8KsZDXp1rqslbtd47n4SoQgKQ40ogiB23O4cbhB-2FpKSww4tJYnWEtwRgOmz=
Q6lKiqSJGMyW60a-2BGOwYX-2FRic9-2BkJHNBl3bSe73ljFCvdpb83nD1diz2RfMxYseC3ypHM=
9x7rpILzmZGhhV3KEG1yX3UaD-2F5DQ-3D" style=3D"color: #1D5080;" test=3D"" uni=
versal=3D"true">Lightspeed</a>.<br><br>
Biotech company <b><a href=3D"https://url638=
0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba=
qM7ONnvsnswouzUsvsW1tXYE7tcb7FxI1oY5vVubP-2F17qJicvcrzFliAEQ-3D-3DWXKx_Pr96=
6knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j=
-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyX=
LBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9H=
Sp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F98BFlYVj7jP=
9xCR1UD-2F-2B52mxQ0U7GHk1FYlDYTABSCswM2VzkEm6w13zIq76PtP4-2BpFHRVTMy5V-2FMl=
DiHm3CzzKlZBTeS2Rm511jPwXKnbw-2FpDE47ii0yVckCql9igSe4C4-2F18zJVXHl0qmf37OK0=
4Yu-2BjtHl0jnLl-2B0yUZNGfsf2XhvNk4K68FmFB-2B5e-2FDBaPg-2BHYtXsAsZbPpeAF40J8=
XvUGp2iiH9MD8MIfS-2BttmuBnJbFVADPjVnYJUBSaHtIoA-2B-2BYQXeu3HNvpQiPDmuk-3D" =
style=3D"color: #1D5080;" test=3D"" universal=3D"true">Amani Therapeutics</=
a></b>, which develops treatment for neuropsychiatric disorders, received $=
25 million in a Series A from <a href=3D"https://url6380.news.pitchbook.com=
/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio=
8VBYs73r0pnoU5uoC4EfpB177HHA3y5vwACZoA-3D-3DNCcI_Pr966knuaHmaw6c7pKvB-2BCEi=
Dnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx=
2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKS=
NAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRA=
IsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F3GaNWj7exfwClKyXsGCPVJtoJ5Qi3sH1O=
dRYvp6Ib-2B4I1DnDvBXDrRKBNR8axD407qhpW6q1yR-2BCCJv1a08eWeGyufGNSm5dUFCmlFT-=
2F2UVp-2FZ610L32AiaVNoljjTllP4e-2B2vuKGsjrFQi8-2F9ScH2kKALgFFvSX1zNW9kcPy8Y=
zU6rKrZ5gWMW1y9vXhxe1twDsqdrNlnRSwY6sdXyTRCzA4PiiSu-2BPzLyuMS1z5FO7ijTKll86=
JOHNBDOyxU-2BU2i8FGJsXVSk-2B23VcnL42dU-3D" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">RTW Investments</a>.<br><br>
Canada-based semiconductor company <b><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uoamQNl5u4qgIK1HZA-2Fo=
4OcA-3D-3D5RH9_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8=
UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra=
6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-=
2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RF=
hzFELu4FxW17ac9nbLzo5G7KYmghRpAc6OtdrziS-2BncH1T5HFu0sTw8Jg-2FKPg75R94Ihyhq=
OK6F8o2n3lQ0vEolSI2NwxwbdQ9AXH7zElpqYq2zviU6h4KiVIwZpbeXMvvvXfN0lFA-2FuJLcK=
-2B6Oz-2BwxLpi50IXcLT52KlQCi2ICHBloUxLPnn1WqfvAnFCdkBZBi3OMNLOcjlyW2laam9ai=
zHXFBZuMPXCgVJkzGNnu1VTdhr-2BB2udZKVQqy4pmk5fp0FO8-2FP0BH2LrymJFBJ2-2BYekjb=
-2Bg-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Spark Micro=
systems</a></b> raised a C$17 million ($12.3 million) Series B follow-on ro=
und led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uoj=
p90KpOeFKVGIdrbfuH6Kw-3D-3DLxjB_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2B=
HR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFd=
glM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPr=
zQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3i=
amm92XAugAVJzG5RFhzFELu4F1qOnhM5wUCCiQrAP59F7CyZIKHmpVRdOULAX5cqCD-2BMc25lg=
FwidTSRJzc5SrpEgsIHVeqA9GtSCBlO3g5CNWKvsmbJ7LbLW4kn6rUeMvZXSvyS5olsOERBmhY9=
PmBhmHKpdrX-2BRWEa5yTgyWHo3vSxOccbpJ5kTJBfxS-2FY3qZafw62aOnEaSN4c4Q1DFANbMW=
EFmVAltoUARWdEUP7Jswha2c2uvzT8LTTdrS9JiDpS0afB3aCtbaM-2FWVnE2bdTbgUwzDq-2BS=
VisyIXNAdS9O8-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Id=
ealist Capital</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls=
/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73=
r0pnoU5uoqvpNjwsilQsRr6wC49OEnA-3D-3DMSzf_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uwl=
JYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvt=
KtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2F=
xtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF=
26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F26VrPq7b0RP6ZmFCt-2Br92XNyhv2gyJuI3gjbyq=
ss-2Fyv1w-2BephMRPYk6ok3p5fjBtnpKjyODqmKsKCpo74JnqSPMnBQJy2xV8psswYQdjlJmW5=
jds-2BtzyvKHX0hiZEtWg5-2BZfYkemdUMiwObuePuN8IC1hMI-2BD-2ByrRFZpDwuwHyxCSTEA=
8VkgjU7fiNymSet6Ne44NUY9giFi6nxZKZeytdIfdxKP4wOCYqaaftClmTkmQGHemBPp5POUsUC=
YPKojX5zpVJLnHcrJcbhm-2FvW240-3D" style=3D"color: #1D5080;" test=3D"" unive=
rsal=3D"true">Real Ventures</a>.<br><br>
Munich-based business process automation sta=
rtup <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0=
01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uoqqmZK3=
TvT-2BFDS5RWZ4l-2FWw-3D-3DtxzK_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BH=
R4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdg=
lM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrz=
QYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3ia=
mm92XAugAVJzG5RFhzFELu4F48Qgwm5BN1QDXPDmsGdssMB1sxXUchcxhp3Y8e25V0K-2FKC446=
f-2FCEe88wFN-2B-2BZd7BYjeg-2F3QlfBYgr8eueqzBmt8s2ga2mMcrx-2FGD2an86rHnYpuC2=
hG6WeaiDGlz2AFqfm6ErxZLlKq74f5WnMg8bUDBhAsjgerudphBBVh5ZCsG09X7x6jdak5SQ8vv=
anoRT0SB3GEAYXG2TPEo-2BQ2-2BfEteRB7RNS4ofQN5rShu6xgFmxwvK2QxpDrUilySwCVUbFJ=
vRwhv0suQxP52flrbc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tru=
e">Interloom</a></b> secured a $16.5 million seed investment led by <a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uo-2Bz5qVq74W6-2BnluD1L=
toJqg-3D-3DT3Me_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf=
8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEr=
a6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG=
-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5R=
FhzFELu4F-2F-2BmWI5RgltKeFHn-2F7OGzo2EOx9sQV-2BQt7tqcHKOJDZ5LhaucD-2Fcysgoq=
UNl86ptkAW-2Bt-2BECGMRtmyAabmEuHAmWgdkbBBrKL0IuS86ka3YOoY072ajky-2BCJiwB5Hn=
nSrNNmrYCuLZhfiMpzAWdNkkFyL5fs3NEKi7Hnp8S6qKw11TewhCVXlrmVec8QlruZTgendG75x=
ByZtpt2FBXuWI7c-2F53rXeI6VBXWItSxRa1QgmvS3gTwF9Ie5upkI1SYzLIVDc5jUzncBO4ebO=
On3mY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">DN Capital=
</a>.<br><br>
San Francisco-based <b><a href=3D"https://ur=
l6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa=
-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uozCgDPC7yu-2FC-2B1IhUiRIqtg-3D-3DWII=
k_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2=
BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYM=
dL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq=
4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4Fynh-2=
Fk-2BakUwS-2FxSazJVvyRAFUC-2BfCL1YdIaGIS2HDw8jlvS5rd44g573cVEIWkqx9Q6ilB0RE=
48Qnd24FCQ-2BtVb8T2m8xMWb6OBLnN6W-2F6vmlpJbmh1urNe-2BadryKdfPeHlOgXJUgI17fO=
08nWsVrOVVLYMQip06hdk1H-2BE2iljV6fHKOH-2BmW6eG8qHpj4aYL170EqPA5L9vWA-2F1JFb=
crVZPViH2vavU31qj0y3gYFJLYVemTE91llvWHs5ajsUU36luy9KcY1P41hHEIGfzvms-3D" st=
yle=3D"color: #1D5080;" test=3D"" universal=3D"true">BlueFlag Security</a><=
/b>, the developer of a security and governance platform, raised a $16.5 mi=
llion Series A led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r=
0pnoU5uoLEjqsP-2FfvndXXhBK-2BAitbg-3D-3DnAFs_Pr966knuaHmaw6c7pKvB-2BCEiDnj5=
UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4=
vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE=
-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGj=
RFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4Fz7Y4uYFaN-2BR-2BE2d5gZzKyYGKsTNNxvwfh=
t9HPc-2BqgDLCdI9ONMYqu97gE8C83rqXsmfF7I3uhk9BufkBCzV2RgzQpWso6usx7-2B7LlrDp=
-2F-2FRljJnk9nbC0-2FZ-2FfN3kCtXesL9YqjDnM0QVIWWLt-2Feiu-2F3YOpIw60IJhrygcYP=
0KJ64p380MoGeSxVirA9-2FBGcVyO21rshWQYz2sj9IPZ70ZLE7ZAVK-2BLRpos8O5GuHuqc7ag=
ggnL3LM1pb73eCuBJK7n5FO1eFk5z3OEKnctapKA-3D" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Maverick Ventures</a> and <a href=3D"https://url63=
80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B=
aqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uokOe8D0-2FxC9il6WN4ibuTJA-3D-3DIxgk_Pr9=
66knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1=
j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9Zy=
XLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9=
HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F4wF9TXGnTK=
HTjIgvFOrvemA7zO0Kl2danq-2FCB5JDSe1E4XwD-2BbqkkJmhk3UOvYgwbGTn2LwfBZpYJhELS=
MpkBdATlaFKuTIIDFyLQGlwsyq6hJ96ZPNlIzq1M4mHOdaIiY9tegkryj0XqlzguRqHHZzCfeLa=
FPQxGVPIP0hzVUEJLhyCUteK-2BQ3T0qDOpUdI4INivVe8KQeThjBTWTqem0S6YhHy7jHAdG-2B=
UQqNUmE01zboYf6t68j7mi3pvdD6E7SYcCc8iOxau6azmNR5wu0-3D" style=3D"color: #1D=
5080;" test=3D"" universal=3D"true">Ten Eleven Ventures</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>
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ter"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n7=
3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqTrU2k-2Bm0T9aZw=
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0px; font-family: Roboto, Arial, sans-serif;
color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Evergr=
een funds are transforming private capital markets by easing lockups, lower=
ing minimums, and democratizing access to investment strategies. As a resul=
t, allocators are encountering new pacing dynamics, liquidity options, and =
due diligence challenges.<br><br>
In this webinar, PitchBook analysts will be =
joined by Neal Prunier, Managing Director of Industry Affairs at ILPA. They=
=E2=80=99ll unpack how evergreen structures are changing the allocator play=
book, including manager selection processes, fund valuation and liquidity m=
easurements, and key questions LPs should ask GPs who manage evergreen fund=
s.<br><br><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001=
.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqTrU2k-2Bm0=
T9aZwR2o4rfilpguOqzA-3D-3DOYMJ_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BH=
R4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdg=
lM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrz=
QYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3ia=
mm92XAugAVJzG5RFhzFELu4Fw34NnCL7OnwTCE-2BQl1m54K85qMtU2-2B7waukVcp-2Fpspy4u=
IraQ3fiexy5A478WGd3bRrRWfMIZ4zzHXYe9PvGGfIHU6qdqFNpt6VURlwk2g-2Fu5z5-2Fn7vI=
C9dpnTSAenUTBW3l2Y-2FW7MnYN0FUDmE5wEsqtlbio-2Bzjy7-2Fht3QccfM6PDifB2Os0tZck=
CNjaOfwGj4-2F3-2FO83kjZYO-2FSm55Um1c9nkBC7p2z-2FKYMaWxI3Ay0J-2BVS0OqcPZEwlF=
H6YrapLDMx6NK04y7wVFju6bK-2FuQ-3D" style=3D"color: #1D5080;" test=3D""><b>R=
egister now to secure your spot.</b></a></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2"> </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;"> </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-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqTrU2k-2BreiJmYrTupC1Qn=
L6r7aWog-3D-3DB4rd_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbM=
cVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1n=
fEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRj=
fLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJz=
G5RFhzFELu4F-2BP7DmRjr1oSBengnDFWevlcuAKVmpgIKK2XFcxOw4GQe7gkDXrjuMuLwvulGs=
M1OaWLWVYIzudZXscLx8avO2ZtNdV33X6ml4vmtq3ChB2K07xd5Zgexfw9quAP0T06pwR7mvU-2=
FcaLl6NyzfbpvJw94T6LEjJDAHGEdpeEQdaVsSjT8WERMoeS3awrZ-2FxPz8MKPe4NH6mjpUR9I=
qj4Js-2FlmpLkcL4ymkLMmReTfE-2FgotBEKLS4KKtNDL20Ffefmje54WJY027eFGukhikqZYZk=
-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Apollo Global M=
anagement</a>, <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u=
pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqT=
rU2k-2BcVqS1MdpZDTziuCtkykyRQ-3D-3DGmtH_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJY=
L0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKt=
PoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2Fxt=
K13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26=
tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F-2B2F61WSHP6ETgsS3rlssl8MQX209A5yqNsTG75sd=
1QsZYkcg7ZSzHxKvxS5JgrjduokuTdVZlPpbQ-2FxDekjx2mz-2F5ZFdiXpdGpvY0YqMVkPtaZ7=
u6vzNBNqak5gm42mlMXMRc58nc7nA0IKoCzUpHmVOqauXE0Q7ka9-2BJwReF0O6jZRK1L-2BXZ5=
d1xgi6nOhtoEqMWpkeYVx2UInPX-2FGTahZrORkZBWhb873iNWFrNNT1juid7aOr9FZowA3ehKP=
-2Fm63-2FbHPjl0h0v5psnj-2F1-2Fg-3D" style=3D"color: #1D5080;" test=3D"" uni=
versal=3D"true">Bain Capital</a>, <a href=3D"https://url6380.news.pitchbook=
.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc=
8hk-2Fk7kINN-2F7gqTrU2k-2BoPFXQTwKOA3SijvxJ6HX-2FA-3D-3Dj89l_Pr966knuaHmaw6=
c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA5=
53xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2Bnl=
YXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT=
4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F5tgt3v99fyCessl8CbIKt=
blH2KCBhIvmZgzpRJsoAFh6niEwr1NMZ91BOSokd2Vl3QoLa16dJ5MqW80-2FHNjy3X1NEMqwEV=
bwEWmqDdD9SMYC7CBWNavP6kvZoNJnWTvrj3rpnXLVeRLk49qQ-2FdVlkMUqHAcvK87h0lLukHK=
zKd69-2Fev7Fu29JpjxVGQ90Vcm0Dd8feVvD9O8iUZOGn3i0ex735Z7YP-2Fjb-2Fv9kc3nDzuY=
cwA-2F2-2FoJbl32Wr-2BbM-2FrU0jzFTMARumqhhrj7VHBUHo-3D" style=3D"color: #1D5=
080;" test=3D"" universal=3D"true">Platinum Equity</a> and other PE firms a=
re bidding for the industrial unit of <b><a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzXc8hk-2Fk7kINN-2F7gqTrU2k-2BvRfnB3KjERaEx4UZ6Cb12w-3D-3DViYu_Pr966knua=
Hmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-=
2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz=
-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wk=
t9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F1CGz62vWCLuxp7VV=
8K3BZCkmzPmX3RWB5B2JCTLOUQMMH60Uh84gw-2Bmp3zPuz8piGQpYXkYvEZ7ChqpoC3a76CHle=
Ar6rBSkB0uXOpTGDbOZHoZp7PbQzH8pGIMT76m5l1wf1F70TY7RQEX58bsEu-2FCHI0IIoVbNR1=
zXPPj4vbL7fGzvEbV4DJMLstD-2Fm5a2GKAuFGqMC-2BTvYzqA36UaqzuZiiQuysC8B9HaKd6J1=
jE-2FDj-2FkVjQZqnrDeVBE68eRNAuK9pDXVNN2SiM6MrKkJY-3D" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">Continental</a></b>, which could be value=
d at around =E2=82=AC3.5 billion to =E2=82=AC4 billion in a deal, Bloomberg=
reported.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7=
gqTrU2k-2BTw1MuwmBVSPMJgrQ-2FELmXQ-3D-3DFZ7v_Pr966knuaHmaw6c7pKvB-2BCEiDnj5=
UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4=
vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE=
-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGj=
RFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F1D6d8XXpQMejfA4DcFPGlN4HAfABymgAvDlPR=
KOVgKh64XHKk-2BSJxM9PVtBgGFjQgo3aWrsDyRyjHU1R4wemBcwEpcmWYSenhqAfNGHWlgtPq6=
hOjrdisdBeWGXDOHHPEwEsGceBY50mty7qNro1snz9l4bIkE-2Bqv6wN8-2Fd2XJocUUOICkyYs=
ZSe1VsMF1wJbfFHoDM93GSb-2Fi2bE1wQRXWzUj9uqjPJQCAy0ZkUVZGuj6pFeMBHjHXIRY-2FC=
07-2FUqkpzLkgEfdQi-2FYqwSsjQA4-3D" style=3D"color: #1D5080;" test=3D"" univ=
ersal=3D"true">Bridgepoint Group</a> and <a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzXc8hk-2Fk7kINN-2F7gqTrU2k-2Bm1Uj-2FKbX2xoLihGwQ-2FlEJg-3D-3DBgLD_Pr966=
knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-=
2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXL=
Bsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HS=
p2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FxeiO7GjKpb-2=
FOcHDrO8SnQaKGZz-2FGNA-2F2Ga8otbEsjLeGvY3YgoSzHpMIsTmJTVUCXX9WlqPBzBbL3HIpB=
WnrscK8H6V4qr4LMMZwNJXiJ-2Fr330ac2wxEPPBUoYqjB-2BeEw0Mri8IEKD-2Fux1XBpTg0-2=
FgocJI1VQCJSm7or-2BDGt-2BY2mpUlTfwgJ-2F39j2GSi05nsPiFUEWFJ3QTkEWElfc4eEc7Wj=
3-2FiZLVh4tlgRK-2Ba3OuD1M83p-2BgOWa8Cqb1-2F0xQHyoJh1FaxozVNVa0y72JaPo-3D" s=
tyle=3D"color: #1D5080;" test=3D"" universal=3D"true">Triton</a> terminated=
acquisition talks with <b><a href=3D"https://url6380.news.pitchbook.com/un=
i/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk=
7kINN-2F7gqTrU2k-2BRuG3YjXsHDRH-2BfnOS4c3Jw-3D-3DKSS5_Pr966knuaHmaw6c7pKvB-=
2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0g=
PVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMG=
PlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WB=
MuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F-2BNbYbdUhngURJAu6ud-2BWGdN8=
2-2Fx-2FnL-2BbM1SX1xjG2vUX5rpBJ-2FjaKJgGGO-2FKpfFMw-2BEseavJTnG5LJWLGq807A0=
0jJmXjwtmEGSdktuI9VAV24DtBY0riHv-2Fj9zWwu8knjE2itupWxXP15u51GawQPFKNxYPB5xP=
EoxNhHrU1vrmFTiKiyBJUye0hMXAuvAgXfsFBHfFSEBMjGA5sPcDTA4OYYcvcUNEyjgM-2F-2BM=
3LODjhrgf-2BHZRyfEpBmK1VS94mWa6tD-2F5-2FLuWzL5V6uYx7g-3D" style=3D"color: #=
1D5080;" test=3D"" universal=3D"true">Spire Healthcare</a></b>, a London-ba=
sed hospital group.<br><br><a href=3D"https://url6380.news.pitchbook.com/un=
i/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk=
7kINN-2F7gqTrU2k-2BkbNU5wDBlGGjD1qDmlQaAA-3D-3DerbE_Pr966knuaHmaw6c7pKvB-2B=
CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPV=
ZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPl=
gKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMu=
oRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F3Z5ZN-2Fxct3ax71M8xoQDKNVE8lok=
xFvi3ZKSKmyTDxqZqBtY6ffTcZnr6Z5Tt6tEGK-2FG3LqZ-2BqA9OQI6aR9iDgrZr-2BkKwLH72=
SDm-2FtAf6-2BxjwrCzAEL17PecUPxtqyaXpRS3dz-2F-2FYUudB4Pwdvm4WyAsL0nEbbv7IcBK=
D0cbQCNvzodZGnSU2IOgbchMmIqfbi4Uvl7c66oy-2BNj4RUQfFsYDebkvCksrTrTxcnvt0on4o=
yfUqHn5nPHxiQs-2FGBmOG-2BbVaTloAYForzeJhQEN38-3D" style=3D"color: #1D5080;"=
test=3D"" universal=3D"true">Berkshire Hathaway</a>'s <a href=3D"https://u=
rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF=
a-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqTrU2k-2B2DrX-2B5-2FCNo-2FH6mkJY58XLQ=
-3D-3DVME0_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA6=
8NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXG=
bjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSx=
V4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFE=
Lu4F1uvb1GmCBDfooN0GFupeAbVnTkoBkcEytMlhmAM2hG2tR3C1tsRQCHe-2F07T883TgQepQd=
pMgaggjhizNWrLDw3A8G3NtyaDpmk3F7gsgJ1No7GhUVsrvO-2BlaI5CJK0vRMZLglEXVqA9MRr=
hB-2Fx8Iaxb1MfhlClFybwdLqVamGZjQwZyMEaADVKeIvW8tGX-2BqG0XMJqzQB28WMcteTPV-2=
Bb21RvxMvCAo56lTVB8oh-2FBlg6uu-2BGf1L3Cg6Mj1iSdv8Nnw2MSxHNYDuwaw3hR9WSs-3D"=
style=3D"color: #1D5080;" test=3D"" universal=3D"true">National Indemnity =
Company</a> is investing 287.4 billion yen (about $1.8 billion) in Japan-ba=
sed property insurance company <b><a href=3D"https://url6380.news.pitchbook=
.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUg=
Kt2c-2Bh5icbDAOMtiCWDfn1I-2BWAIQoIu70xDaTgrcwA-3D-3DGxqq_Pr966knuaHmaw6c7pK=
vB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xO=
m0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4=
ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH=
8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F5CP1Ufqq7UJjEYl4BGvkiS44F=
SzN-2BuqWkdLgONm9L5y9MtVwcD3W9tc6hTKpnXKBtbppu0E6-2BDo7vNxO1u1bvkzAJzky7-2F=
9AFaU9ggK2izB9skhsMTrVzn6xQQJW04vNdygzJdYDuhf-2FlEuuOzN8rh8LhYmO9DkH0TPY7V3=
FoLXCc34BaCgjaE8Ms7qoVqXPKa206wekihyjjsF3dnS2DAEfrsI4plCVg7Tq4685UVtnRSJiSX=
26l9xCXdWI9WoR2zfLPgO1Azuew5b-2BkRw67o-3D" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Tokio Marine</a></b>.<br><br><a href=3D"https://ur=
l6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa=
-2BaqM7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDfG4kenzcMIQZryXtei4clpQ-3D-3DeG_C_=
Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2Bt=
Yh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL=
9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u=
9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F4OSgeES=
EIAfjpH9u3nqyqw-2F-2BdulzGSp1VgY3A8WTk7oT-2Fjs5IhttLhk0ar4mPZMhQjojHTRGhLDG=
arsB043wqRl-2B0lYH0acxTxtdeUkAv0HhbXvjYWB-2FWJPrrjldO-2FHUaj6Jlgor3bJC0fJZv=
7HZ7zQvhA4e-2Fb225u0aq590CDZ4hLPwaEtZPLDqHYVvfHvzU-2FLcgix28iEWgsJrl5SV3hqV=
tlL6aChVC0-2BbQTc-2B1vyrv3FmQPvbAlQlT1ZijOs05md5l8d-2FQdN0F5se-2FuzT2c-3D" =
style=3D"color: #1D5080;" test=3D"" universal=3D"true">Blackstone</a> is we=
ighing a $200 million to $300 million investment in an Indian Premier Leagu=
e cricket team: either <b><a href=3D"https://url6380.news.pitchbook.com/uni=
/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgKt2c-2Bh=
5icbDAOMtiCWDfB4hLHxR9VeEm6v3FeXfGQA-3D-3D6x9Y_Pr966knuaHmaw6c7pKvB-2BCEiDn=
j5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2D=
X4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNA=
kE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIs=
GjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FxoX2aBdJTlE3OiPd-2F9os9Xg8BrRqPNBtY=
QRftvQhSKGtZEZ-2BssTLBYFlbImieudhZ-2BN68lYzJ8CzUPhmk2wYohTbrfv6-2FrqKxchRy-=
2BHPcJfOKCbZ4Lb1fBtSAetUETXlhF9akdpI7q9CzIK5eQK6r3rwvhWECDBPHH3LCBcpqORUjQD=
SRR1VTaAqRY6PFBiOOsTDkWzBdt1r8e4BXX7oZHDAfiDiijmdC-2F4Kwui8bcCeqa-2Bjb6u2G4=
MyoO7WWoyk9QlAw35rvOt0XAxXr24voI-3D" style=3D"color: #1D5080;" test=3D"" un=
iversal=3D"true">Rajasthan Royals</a></b> or <b><a href=3D"https://url6380.=
news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM=
7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDfeEYWqBbpDfb1FVjOdLA0HQ-3D-3DV7kl_Pr966k=
nuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2=
BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLB=
saz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp=
2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F9nThbbtIDnTm0=
CfMsPld1fSKOHDAy-2BT2PPQS7PzlL3FzcP4H9xmvPoT9fEziLwCTt-2FfKRmMOolmJty9ZguGy=
lSUN-2BQnZqAYUfEI6ZeQwKaXD67t0qA98jYTokzzvDlFX4IaskBMeXHazVyr4YwOR56amnF0kW=
DX5K-2BPSrHui4gURdo7hctqdXvIUpHtMpeBdn2j8QUmovYFhiyNYJPh7MTCCXngLht3J0rQH0V=
R-2Fh9Y0nUdwrTHtJ7fozNBKpWVte9p2Gh8VfoS73iYkehzsZ8-3D" style=3D"color: #1D5=
080;" test=3D"" universal=3D"true">Royal Challengers Bengaluru</a></b>, Blo=
omberg reported.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/l=
s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kI=
NN-2F7gqTrU2k-2BreiJmYrTupC1QnL6r7aWog-3D-3DNJU5_Pr966knuaHmaw6c7pKvB-2BCEi=
Dnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx=
2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKS=
NAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRA=
IsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F9KXCtQfF47zmJR-2B6Ta3kq2xgNrYLfTt=
3T0pjgVIm-2Ferz5vZ3C7NNfMjzbGJN8UcfrJe3UAi3hAp7QO8zyWnZZYc5eGPymwOUQVM81ZaN=
jH6Ro5agjoNWifSUfHZ8VbXqbIRTGlJY5ZKbpgbDGaM-2FImuOOCsKyANGAg5zJtgNEfalXfSdI=
hBa6vjbQqifvBEd8QLah-2Fcv78FLYNAMOQrTBXChI0-2FEjawggLOkBXScksOqsGq-2BrFQxRX=
x5o8uP24P5PsTJEFtAoBHMm3cISkyZmI-3D" style=3D"color: #1D5080;" test=3D"" un=
iversal=3D"true">Apollo Global Management</a> bought a 37% minority stake i=
n <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDfk2cRKQF=
zkEgth5snaWUXpw-3D-3DMeoz_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uE=
JZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7=
xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92X=
AugAVJzG5RFhzFELu4F6O8G7HhLHuZWbk73e6wbVd5vVOmbsHBgkwhguiw29iIJhVa8Cm7QsFA1=
YZwn0d0T4Zt6ADs2vQ-2FZtP3cdgjMIfoOwBN4t7-2BnBq5XpspreS9ZjNI6vG4oC39wBG0r2aI=
EN33wvoXas0vzlRgM7HSoGCO4GHPWSc-2FdWvm0SmKAT1RRihCXXfZYkhbylccP-2FJ4hRqitx-=
2Ft2A5vqP-2FHSGuPRD0BnkOx11RN7u-2FWbtOdVbAykthwRLZXmDzcQyxBMJocVG-2Fqk4ojZF=
BKPU-2F71AWAOyw-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">=
Syntegon</a></b>, a German packaging technology company, from <a href=3D"ht=
tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS=
WIrf6GFa-2BaqM7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDf1Lb0u6bjbTgDrQ2ElIuWMg-3D=
-3DDMS2_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NV=
Rqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjv=
vTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4g=
OVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4=
F2nEGE4-2FT3taST8snwSHLLY9XPnaGX-2FHUDnTHaXwNybKH5IzM9YLCt7Z0U5wJaqbAbTS92q=
nUUdbnbXZ6ae5q6pf8Ik3GdYYENofrXZSGE6Dg2vrDS-2BiTDWXs8VB8ciggNEYIDp3Ev9qyRDn=
0ekGWEY5WRRSScLuzetqACwFG0iTvlrwz3kUR9XvmjXLbBDwiKRrviTSKqXVo3KUjMqSiFQe3ji=
8CofIiz7tAC8naygoe8AjDhhNJ2vU-2BLkIlJaGUANTkE3UCH6XQFFQntPkL1Y-3D" style=3D=
"color: #1D5080;" test=3D"" universal=3D"true">CVC Capital Partners</a>.<br=
><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDf6L0uelX=
B7fJ-2F-2F9w3hK0Ofg-3D-3D8DK1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR=
4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdgl=
M2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQ=
Yva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iam=
m92XAugAVJzG5RFhzFELu4F1COrXCrMIdYIv-2BAwQUIa5xVvNLz4qALpERGut217E-2B4zPItw=
BjfionVN4GEpvAyUcNwazzYBRw7jpWfAl1FOslD06Et2Kamvp-2B-2BktNhqeP77SLhrDhei50C=
vc7AC2Gn6kHlqjfKDcCvenuK2bJ76lHGFkO7-2FbzP1-2BAhOzCXoguUks7KK8FL7JZEEDIWUgH=
UgmSrjuY-2BTaj3NJg-2FH8XnqQUf7j0P1ccbOp70s9LFwdjuklLmGvROO8HMyhWgZvNaPXaZP1=
vQLCCw1wuRRpYqTAQ-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true=
">Diversis Capital</a> acquired <b><a href=3D"https://url6380.news.pitchboo=
k.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzU=
gKt2c-2Bh5icbDAOMtiCWDfvHmGCwyc9zfjJfsz12g-2F3Q-3D-3Dmsp7_Pr966knuaHmaw6c7p=
KvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553x=
Om0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK=
4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kR=
H8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F1ECjdHEvnNhXJrdd6sCA7-2B=
dGI16OdlWrxDK9jBqxk-2FPsHNoM9o6y7hoMFgQcDFJGfEdXeMj7PGU5kXfNkt81EiZD7QoNFVz=
Kv7CBmJOAYRJkEjufO254tmbzwce-2F-2BWQcsDVrVXSD7U8pvWqyweUiS75cbOW-2BDmymiQkI=
Jh3u3J6aH9bwGxrPG-2FDAtFFVoy-2F5aBBYlQzCwDK32yFRUQy0JyFdn3zAGm-2FoeUOHpal6R=
9r7mv9BTb3QrVxQyRD8WqBHS1V3rcZNNbxSFNSjkvCG7c-3D" style=3D"color: #1D5080;"=
test=3D"" universal=3D"true">LTi Technology Solutions</a></b>, the develop=
er of equipment finance software.</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"> </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;"> </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-2BaqM7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDfDxY5E00sgVLSMdn4wE=
ZUCg-3D-3DNnSW_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8=
UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra=
6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-=
2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RF=
hzFELu4F7edCSqxWQGXeN8kR1eMwr-2FvVaRo2iT7DspD-2BJuXy267utJ3WdIpAvdwmeK-2FJw=
xlA3MBe8Asr8bx2GC45AEFdbrKAsy6aNK61NRZLLZA81e0ipqia-2BIE3eT5o0Zmn36uLg-2FeR=
viAjeKyrGn3cCTLJcOIo1s7XcnK53e68rYuVFTBlENtEgwct-2FKGb4IfUcuoww2izgHrP0QzSu=
-2Bu0IRukotw8kKQqdLvEGfSjqWn7q9d5KDSIZ3a1Lf79hrfGhC9zp0nI-2FBUVEd5eUp9lg2q5=
Lw-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">GI Partners</=
a> is considering a sale of HVAC provider <b><a href=3D"https://url6380.new=
s.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ON=
nvsnswouzUgKt2c-2Bh5icbDAOMtiCWDf1ITmKp66cL1t898U2IcjTg-3D-3DmL0O_Pr966knua=
Hmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-=
2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz=
-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wk=
t9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F4WG7ktMvfk89YA9G=
HGLq8cEXknOwyhT87wBG83fzO2wZfumcadKz2oQQoRJWngXd2zHBSEOeJw2RMxs70GTdnZGWqQ2=
nQxhoK-2BRAk83lYU6z73c1ypDzXo456Pjm8z5F0o5bYQI1JzRD50Cx9HLVnUVXIs3SU61fWlFs=
fXKneYlrKavNSJja-2FKn5aoSGTaTeVU0-2BYQbRKM5vMHEU9ARRLbHquf05TPYCS5kA-2FxCuO=
TfG0VIfun8IqGFFQLQJ393DFAWJU5JjkCwYAivTnAhys8-3D" style=3D"color: #1D5080;"=
test=3D"" universal=3D"true">American Residential Services</a></b>, which =
could be valued at over $3.5 billion in a deal, Reuters reported.<br><br><a=
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br=
X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBx9mRE6v1mC5JSuWRy=
XDb9ww-3D-3DDAo-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcV=
f8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfE=
ra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfL=
G-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5=
RFhzFELu4F8sdpmUMmT3IudfkeNMapOgV48U9pTlBzlt-2BAqZsdqqCIN7kPCl27dcyIv-2FTZ7=
yaAGICdlP-2Bx4uFSSPlMuJPP492FiMG4Atxv5OnxMpGnfzbUzq-2B3gl-2FyjjL0T-2FOdmn56=
jG9YXBqF0B3sOllGeFel8-2Fvua1X-2BUh9DgqehgAg-2FNiMWuzEV4MW-2BFk1XveiA7okq6Ca=
tqiGipIPPsSqRJ3FokLDumqgNr4YwNBzc-2B57bOAf58R42s3cJg3Y4JbpZIWdplLOvutdUsfYE=
BVyxZ8Talc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Gilea=
d Sciences</a> is in talks to acquire autoimmune disease specialist <b><a h=
ref=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4=
Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxmqIPui3qzuGm-2BRSn=
ZIGy0Q-3D-3DgDKw_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcV=
f8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfE=
ra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfL=
G-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5=
RFhzFELu4F5PhLuAloK-2FSsAaVky9G95HLSIaNOtNDJE-2FUZgiKs7EtniW6pryA3OXXK6H4WP=
ztN-2B46kDpva6wobNlenaA27KLvWeAQVAzq91mbLG8rkvHZXcDXa3nRUMJ5pr-2F-2FCLZzXoX=
Mbveptkn-2Fl0JVVLUFu-2F-2BD3MQoMNbEJMh20rRb12HrPE4UMZznCBg45Y71bMnMQxvZ5Ivj=
u-2BWU-2BXaG1Mwu-2BCiBdGi-2FJ0-2BZ49NWCdjCxiJIaYLDlA-2FuOvQ92SOWjyfO-2BSpoN=
rwtjVfWX63Pst9jvEc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tru=
e">Ouro Medicines</a></b>. The target company, currently backed by <a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxRpOGEvdccjdvV3PvjSTfE=
A-3D-3DAu0P_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA=
68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SX=
GbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FS=
xV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzF=
ELu4F4-2B1ZX66IHHGo3E5dhOq54JuX9PpNEUb7QFTjUu5SRVCMjP3wcjHufcul6lk4B0ym5EiI=
bv-2Fv6j4DW6GqyqHAAQOJTIb5JIaBL0WjG3JJuRVKSWOyib2pRGItU6d4eW9xzU2lavOkNlThF=
D4jvVtjFn6ZXABV21MU-2BxpjKEXhES-2BCh8tLLd9UbedSkVUI6dZbONus4JbbH-2F90Ok5y7I=
uPpcFM5ALJ6bG7CpoIXcZHzHtEA8dTNAoH7LCuZkA1SEEHZhSkZZdJyvLfUAqATJqMX8-3D" st=
yle=3D"color: #1D5080;" test=3D"" universal=3D"true">GSK</a> and <a href=3D=
"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7=
SpSWIrf6GFa-2BaqM7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxNSXZNMuwfHfiuCkI6ubnyw-3=
D-3DCZ0N_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68N=
VRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbj=
vvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4=
gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu=
4F5YkpysEPXBGJdA-2FBF8lgFMHbV4Zgqj5FTRt0VASSkfcaGdDMfZBLPB66EEhV98Dp4VpkVTK=
Ix6SfQFKEM82GZxDcRQkw92P3r-2F7fnfJ9N3kUzJ4uQDPh3-2Fke8qfH7PidJ3eh-2Bco5BkVZ=
3-2FICKX2WdpOTRInIh48msMs3WBo5v8arsaDcC7hd5BilUhNmbabc2jEPoBA-2FKnAKadIT9qs=
i8MYHIlmHk8sk40xycoWLAqFoPe-2F1HzFi8QKdiNSRoCEz2ixle4jS9Ei5O8F-2F7VYh4M-3D"=
style=3D"color: #1D5080;" test=3D"" universal=3D"true">TPG</a>, could be w=
orth around $2 billion in a deal, Bloomberg reported.<br><br><a href=3D"htt=
ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW=
Irf6GFa-2BaqM7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxNpIAF0WO6HTWQ8uljwgrBA-3D-3D=
Jv4U_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd=
2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTz=
LYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQ=
tGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F9-=
2FPOFCxJQZM76eJIP1IbF0qbnWPvRiL6KsdKXU2pjagyHzv5pROF3ALe5geLEuhjN8icQ8m6dwy=
WpUh4vZfXo9Nq2lA6ZNzh1ahCJQlDZ6AveWeR136MLj6xj-2FRF3fzyk8Dvvl0UV0GmHs6oZ1u3=
F6JjWTeD2HqgB5W7dPFatAHrwXO3THkVYxSDKbcVkJ926ldqqZIYgIyulns16qB9Coidre9oG1F=
wuf1U9WZbMkYScqhccRykRpC1Ow8erx8P6FGeD3-2BpBi1OKczuWeQQXE-3D" style=3D"colo=
r: #1D5080;" test=3D"" universal=3D"true">Danone</a> agreed to buy VC-backe=
d British meal-replacement provider <b><a href=3D"https://url6380.news.pitc=
hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw=
ouzVc6AhT3bxeARfL7tU4oFBxPANMB2Fqm34I64RVbPsjWA-3D-3DiEmU_Pr966knuaHmaw6c7p=
KvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553x=
Om0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK=
4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kR=
H8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F-2BU6lqi95jsQdf7qt0f5OIc=
ffBPTwY6aml86HcRhjcTzUU7rW4VxpKcaWc-2Bvg8U2Bnp4F0DLo543sagopHC85NNozrBUHiub=
DgrUsCY-2ByulsT7fb5O8daJHsV-2B5pVfaQv3IBq6auZVX0mGqDqekrH30g9oCfKTPZPpGmqPM=
tTwZaKMLml5QziscRGJntbdaXuuagd34NOUOW4yx0CKffEM3z8w7kwlxauzO7Gy7JfvcF8fLEO8=
9gr1NNCCi-2Bh467Y-2F2L41C-2Bxk4hg7z7M-2FASFOQ-3D" style=3D"color: #1D5080;"=
test=3D"" universal=3D"true">Huel</a></b>. The deal values the company at =
around =E2=82=AC1 billion, according to reports.<br><br><b><a href=3D"https=
://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr=
f6GFa-2BaqM7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxqdfYFNGNfzA-2BR8TLdj-2FYYA-3D-=
3DXppV_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR=
qd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvv=
TzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gO=
VQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F=
8ezsDLT2QOsZF2af5e0OrtLVU0YpykB35dwHWogYTZdUBQ0MC7ZwoJ3NtLwfy8Ltovbv5hi-2BX=
y8H-2BM2bM0xKfzOzwHRC3ZTL9uPAu0glZUu0NthEGToq95fkM-2BL2AYwhy-2FJ-2FPoXaDn2V=
n2ctfHZ-2F72YU-2BRNA5iWGmJPf-2FBvTDM7btaqmWivqQJhq4YPMNS6fYUbNcJUbzX3np-2F8=
S4k2ipuQg4VSdZ-2Biect0rwlKM5CPSucxjtS8CQoOKtoLLKILetIFdBjzIhZDCJGlbIsHMMo-3=
D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">X-energy</a></b>,=
a modular nuclear reactor specialist backed by <a href=3D"https://url6380.=
news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM=
7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxyDqlzigxOoDs-2FbCoByBYwg-3D-3DaJsQ_Pr966k=
nuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2=
BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLB=
saz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp=
2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F817AB7LGGkMlr=
mMgJgCyZdIXdh-2BlHadfUclV4nb4VKFbYoajMe1q7BgnIFM0JQD8-2BMi6caVZ1wGBRAaqJAgt=
KoyYMq8VozHU4T2MBOnROqCRRxqSZXKgIwUJSLG-2BF5Z1RBeRtvnJKW1LdHwrqw1TKhnELxJ6o=
IpEBwix-2Bcb5NqvaxuDgUH0c2osZqj-2FRQFimMFOOU5Ikr0gGeFNqGaHjBhPH6qfVr2QY13PH=
KEJCV4c6fwPZLoBMZNIe7g6ieTXcokQjxo0cq87veijufz3H24-3D" style=3D"color: #1D5=
080;" test=3D"" universal=3D"true">Jane Street</a> and <a href=3D"https://u=
rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF=
a-2BaqM7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBx1Zein-2Fk-2FdMEShl1RvrCC8g-3D-3DG9=
yL_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-=
2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLY=
MdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtG=
q4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F8WmU=
lr3okFVSYYBsQCsOvrRkcFgsjdK9XH4-2BjTb-2BRt-2FEmj4kEO0jXNWb2eFTRY3szo8LO-2B1=
04YZgICejzFuHI9qhOTR9e3txqTWd0LSUGw9Ydgk-2BMLlIrY6D3Vv67iHydxGpKrWO-2BEC-2F=
T97mn4TDB2H16mBES3a-2FEAiYejAQ6RsJvI01JET8cnWlUnLAh4sWrPV1TAOVg-2BNVVSebpNe=
eXuR6-2Fu1Jd3H8Uk315pzHRn263CyTsiqexqCcLK-2FDICmtAN8ytT8ofLfU1bBQUlpi44-3D"=
style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ares Management</a>=
, filed for its US IPO.<br><br><a href=3D"https://url6380.news.pitchbook.c=
om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVc6A=
hT3bxeARfL7tU4oFBxFBX0tBN9JMOfo8tm34Byxw-3D-3DfFYT_Pr966knuaHmaw6c7pKvB-2BC=
EiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZ=
Qx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlg=
KSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuo=
RAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F0bHwq2ihbd-2B-2BQkwY7shyXqiryKF=
V7y-2Bc21-2BzFhgeIRgqux8O5eqr9bwjfJzvCUpO8y4cptQh3-2BRrhbIUmMD9ZQnaoeDvG1zk=
Pw0vvl2SkwGvxjItvBtbXZSlc-2FKnoQNeU1HLz-2BNwz1BOW154cmNOmeHGerA3J8cqgoAwJgT=
dw5DO7Cn8Dp71qFbKsRRQpU1fYqyjduU6ZC2oI0-2FLO1oLcB1jwAyRt8acHIoCQ8o0wLv3yYdH=
SEXddShg5kQJMUJBoLBHL8WvWtzorYgyLB1gdE-3D" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">The Riverside Company</a> is considering a sale of=
digital weight loss company <b><a href=3D"https://url6380.news.pitchbook.c=
om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXjpo=
9g3PltQjg-2BvYNCfSgP3TpHU0xrJNaUs6bbx-2BxrpQ-3D-3DRtUT_Pr966knuaHmaw6c7pKvB=
-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0=
gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZM=
GPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8W=
BMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FyJzLO-2BSML4nYHjV0qtwWIFeWs=
VZRcD7sUMU-2FECe5bNbmGNX1lq6zB1LTNr982GF7JbSv5UiEILtdOPX7eIv7rWS5lyc8gXVLhH=
kZ27E1d2doB1W-2F5fhmaR7PQg0L085rXKnbwzl-2BHZawOp-2BUwdV8AuZ-2BSqGy5VBXr-2B9=
Uyl1hAlmjEMD7guwjQiTcEFK94VJPTzCyAxzeTzLe0NQbHisUVJ2mwAZ5jNrlJXD4lG5UP4aPR4=
HTmhjgvYxc-2FrZbjLL-2Fqkq5hd7TmaIl0Z8ls3X1wA-3D" style=3D"color: #1D5080;" =
test=3D"" universal=3D"true">Wondr Health</a></b>, Axios reported.<br><br><=
b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n=
73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgPrKCqgrH4-2=
Bv3yz8TgbT3oMw-3D-3DDoN1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQV=
I43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJ=
ZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7x=
wQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XA=
ugAVJzG5RFhzFELu4F1PFlUZ81cqjWmnIJuSQO2JeMCkopaRuMx169zrKCN5Zxa3CE617XTB8nM=
Trms69g8KwAcF1lPKUwXakygwSmhW9Jmey4BYzD5WEvYmrX1uyqinHUTUczI6tFk-2FWdISlYIr=
AgjTtapBU8poZLTsqPx3qiTWGtxxLeXiZGRSpOMD07o21eVMv-2FOeA6-2FazOUJhMUiwxR4mi1=
bpS70icgfL-2FRGmfKmFV8520ieF9OAVWK1KRYE9n5mKPTUfh4t7LBFLlbUOSd5w5p3LmpJcZ-2=
FkqAEI-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ninja</a>=
</b>, an online supermarket specialist backed by <a href=3D"https://url6380=
.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq=
M7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgPJymmuXCRe2sX03o6CAmrSA-3D-3Do2rh_Pr966=
knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-=
2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXL=
Bsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HS=
p2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4FyBjfIEPnIVoL=
h8avwX1VWu4nAI6D52FK2AQw0DtJsWxV24skAqsBbyrjET2vKa7SfRtAuiLusFL3IA18fZ3yG6c=
APLQWhhMh-2BtOO0fSdnovMlrVHZbX6twpMiaLoCAUTvmjRfwkMXXNoOsT5LhpWtDpBXlpZzHeE=
nx-2B1obI1SqN1cRvVCnGWs-2BRxBqo-2FyFkk3SiCpzG24kWnDBwx4sHTYk3BM7kS47eX8xSl1=
QMcXHADFyVAx2zGbOzqJ587L9e7XHK5gaLgeVL7abHEJAkskU-3D" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">Riyad Capital</a>, is considering an IPO =
in Saudi Arabia, Bloomberg reported.<br><br><a href=3D"https://url6380.news=
.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn=
vsnswouzXjpo9g3PltQjg-2BvYNCfSgPIzgVWIS2wb7C-2B1lJXpX1aw-3D-3DHkYQ_Pr966knu=
aHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP=
-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsa=
z-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2w=
kt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F5w35qn3CGsnpa52=
buRfGW3d1XpmASIinxE0Yr2rQycqA8GrUutKeBnx0MSDdYkxUC4YMazMm-2FXf-2BHiFwF73m9D=
xxZTl2-2FZNjV-2BNrYqAsEyUO6Eh7mpNWq5unjM9O602d5zOvEntq0T63Ke-2B0E-2FmgBX7fU=
GmeHlhg531-2Bb2zw3BRH-2Be-2FMWGYGeYUfN96QS4Spo6iK1MBem2pTjDr548t-2FJT9tpaWd=
LEEMyfZpqE7EN8dz71vpzgbFSibcDZz881KWzz3uWERLFfL4I7omoCfO-2FI-3D" style=3D"c=
olor: #1D5080;" test=3D"" universal=3D"true">Sovereign Capital Partners</a>=
exited <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSg=
P0NTs4Dll3G8NBcjSlGPR3Q-3D-3DwXO5_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-=
2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7la=
FdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7Q=
PrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z=
3iamm92XAugAVJzG5RFhzFELu4F-2FRyvURelsFw3e3pgeDrxGvP71oivYuYG3dORVcsQuRrIOD=
QR08WwelQm-2FNqu7z2nSfYPLOumLMrfae1VoDujkjyqiwj2Erdlgzv6HvJU0fED-2FCJf1I-2F=
xm9tD7FM7VhjKQaIiz3zyORdTwENuloaW0ifDMHCVifnqMs7vy5E5FL-2Bi0Hmc4zu4qDQO8NTN=
KjWXF2NHLkbS4Ab9CujjtNADW-2B4-2BM2cSPHc9KvgR2rT2yjMQtO8ZX-2BoEI64oRrw-2FOrU=
B3hVUcBBaxmH4cbTXE4STZ4-3D" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">Knovia Group</a></b>, a UK-based provider of apprenticeships and =
commercial training, to <a href=3D"https://url6380.news.pitchbook.com/uni/l=
s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXjpo9g3PltQj=
g-2BvYNCfSgPoaeey9ddh43A9-2BrBNTGdtg-3D-3DXNJX_Pr966knuaHmaw6c7pKvB-2BCEiDn=
j5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2D=
X4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNA=
kE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIs=
GjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F8Bp-2B-2F3aq0oDyU65V4Z45q1QtDoxZ-2B=
-2BPZeZ-2FfO-2FGTiYk4GCqLg4ZQSIRhxQOZOCxOD6QPhn1ht1gKuiz9Ij1q92DwioX3Vs9x7f=
w-2BfuhJjus1J-2BFj5DAAkvcQUMCq5SUFqHLdrO0aopMx1qcyMLSGUqw9QNwkYAYmojrDSp-2F=
s9CSbmjvO6-2FvjKqzWtOZseeCT-2BeGKCS5u8-2BwMpKzV2sky4TqDGjxH2Qt1ODiyPmpKG-2F=
2ayKUdGC-2Fuev01wk8SlQ4UTRdyMvDaumAeW6kbCiLrHI-3D" style=3D"color: #1D5080;=
" test=3D"" universal=3D"true">Eureka Education</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"> </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;"> </td=
>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"padding: 0;">
<table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
<tbody>
<tr>
<td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
Arial, sans-serif; color: #78766F;">
<table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
<tbody>
<tr>
<td style=3D"padding: 0 20px 0 20px; ">
<table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
">
<tbody>
<tr>
<td>
<table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
<tbody>
<tr>
<td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgP-2FtZzH-2BID-2B=
LAhr7VPooBNVQ-3D-3DDc2__Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZ=
hrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xw=
QcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAu=
gAVJzG5RFhzFELu4F74fhtGBcW-2FsUeetej2iT1sIWBiD9PaAJNnEYCF-2FoS-2BzVUlPm4HGC=
uHwEGFOKq8ZIQz8gNmMAX1K7VSozz8-2Fx0XF1up3jDQl979llc-2Fn5gK4YLF4BE3vZ02TVPFJ=
Y7Ar7g9kU4gX0-2F0rfiKEd5Ao-2FUazec5Xk6RWkRGCD3yQ-2F5GOg-2FkkfqBzvgGiBGdDsF5=
6XXOuYJe0CmfF66SIG-2FieJmX9cVux9lQ1ct1Y4GmwSWP4aUSghpVDxjxq1dmhi0x8-2FetsEd=
aPxLKic2B7PEh4e-2Fw-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tr=
ue">Lead Edge Capital</a></b> raised $3.5 billion for its seventh fund, whi=
ch is focused on the software sector.<br><br>
Solo GP firm <b><a href=3D"https://url6380.n=
ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7=
ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgPj-2BcwLdp-2F3oPfYwwZU0DSwA-3D-3DfLph_Pr9=
66knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1=
j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9Zy=
XLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9=
HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F9PCUnBVlar=
0BkQK0YT5-2Bizrc5KbNXcPz4MhUBdgsWKpBUab61FjBFcCJWKD6riI3MkhZdiUaPAyXmW-2B-2=
FvKQelRZw-2F4zCRIv9X-2B7WVEoSVJs-2F57q5E5oShKzZWSZ8E9R7439T8Q-2FsfsV0icSiOy=
Tnssq-2BjRjkOkJoZaZ8963HBEONGeA99DBVPe6D-2FEn89NNEGN1wx3TK6X-2F7x4D9cBgJNIW=
7OYh78oYm2kcBkUwYQ1ZLKWZHXXSqYMTOD35zojhMwOK09d8xN4tVIOuCSMDMMM-3D" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Air Street Capital</a></b=
> raised $232 million for its third fund, backing AI-focused startups.</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"> </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;"> </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-2BaqM7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgPn0hKtQT=
NuM4gdYSf-2BVXyrw-3D-3DQV6U_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4B=
iQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2=
uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYv=
a7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm9=
2XAugAVJzG5RFhzFELu4F1ek51Hq8de-2B9KlA2gonYLk6fA219y3T-2Bk1EzfBhCC9Ye2cYjN6=
oQ4aqP-2FdIsDozp0COMKSmLK2XlfOsCXtq2DuzRHiVlItPavZP-2ForgZRr-2BvFQjLTZyBAoA=
J2TfpWoah-2FCrOBGo3zlzfTJCbBEedwpdsI2zMleVH0haZjY0NJZlW5B8wVDVxdQNMTlLtdnz7=
bs9uUn19pI31lLPqa7mK-2FP-2F0SGnzKIXRViUCI1BXw9o-2FOQE4Dx-2F61wmjmnD4Z8vnB0R=
GXzIuzj0Y0qvKpTQA1g-3D" universal=3D"true"> <img align=3D"center" alt=3D"" =
src=3D"https://img.pitchbook.com/news/73418.png" style=3D"border: none; wid=
th: 100%; height: auto;"> </a></td>
</tr>
<tr>
<td style=3D"height: 20px; line-height: 20px"=
> </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>
<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">VC inv=
estment in advanced computing accounted for 86% of deal count in Q4, yet on=
ly 16% of deal value, well below its historical share of 29%. Of the 293 de=
als, 251 were VC deals, with PE making up the remaining 42 and accounting f=
or $44.9 billion in deal value.<br><br>
Source: <b><a href=3D"https://url6380.news.p=
itchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvs=
nswouzXjpo9g3PltQjg-2BvYNCfSgPn0hKtQTNuM4gdYSf-2BVXyrw-3D-3DXutS_Pr966knuaH=
maw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2=
FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-=
2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt=
9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F5jBfg5YULdMXutzXq=
fBCI04U3Ypv2Um1fgTE7DaeX5tuhP3895aa8yRz5iXp0BYMA4w080JnB6Ui3aF-2F0QdcGHiy8S=
xLOxI7scnArUrvSWq5f8aMCsobMmvVb2A53qfD-2F5w-2B9f-2BfKoZeEXqQ4DsITOcm8zqxnSb=
1T94GJHHohLOXVLCHPkA67X7wPp31Mqfo8OWb8vx57uyWV0Nj01j3yPluXh-2Bon0D5Nf419786=
uCz6zCdJ4g-2BAw7jESNLn6o-2FSWQzw3adcTtNYUHUHNGlshQ-3D" style=3D"color: #1D5=
080;" test=3D"" universal=3D"true">VC may dominate AI computing deals, but =
PE supplies the capital</a></b></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2"> </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;">
<table lang=3D"x-sidebar" align=3D"left" cellpadding=3D"0" ce=
llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
<tbody>
<tr>
<td>
<table lang=3D"x-sidebar-block" width=3D"140" cellpadding=
=3D"0" cellspacing=3D"0" border=3D"0">
<tbody>
<tr>
<td align=3D"right">
<table class=3D"desktop-only" cellspacing=3D"0" cellp=
adding=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20
">
<tbody>
<tr>
<td style=3D"padding: 0;"></td>
</tr>
<tr>
<td style=3D"padding: 0; height: 20px; line-height=
: 20px;"> </td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr> =20
<tr>
<td>
<table lang=3D"x-footer" width=3D"100%" cellspacing=3D"0" cellpad=
ding=3D"0" border=3D"0" style=3D"min-width: 100%;">
<tbody>
<tr>
<td width=3D"460" class=3D"container">
<table width=3D"100%" cellspacing=3D"0" cellpadding=3D"0" bor=
der=3D"0" style=3D"min-width: 100%; padding: 0px 10px 20px 10px;">
<tbody>
<tr>
<td style=3D"font-family: Roboto, Arial, sans-serif; font-=
size: 10px; -webkit-text-size-adjust: none; text-align: center;" align=3D"c=
enter"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4=
n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgPFDhzExptD=
0Y4n6UniSUGfQ-3D-3D3ie6_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZ=
hrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xw=
QcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAu=
gAVJzG5RFhzFELu4F78dzar3-2BU3FNA3IKE5c7-2FgmVRC4O2BTcVyqYD1-2BJYMOiLFtlOdrE=
Eif6JsLCBHAYh6xoi3FGI8VfH-2FiqOOYyhDbVL4e7Bi-2Fp878a-2Bz417-2BwycAktAkIQ6B3=
WuD1lIqX-2FY9fTRZHw6pMca9TrQboe6D-2Bej33BDb8uH5RuavvDEXEF9Kdmx91whQUMAkrh31=
1rDeyMXFUQWiMH8PzzVez8JFtyeP-2FFuEnXfKhryzUeCGzI-2B6W5TbUenqky-2BnQJHlMRK5R=
Ueu2-2B2kcVMe5kVWCSGI-3D" target=3D"_blank" style=3D"text-decoration: under=
line; color: #1D5080">About PitchBook</a> | <a href=3D"https://url6380.news=
.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn=
vsnswouzVkJOnVoZXqv2o7e6v8AroxYlFeYfAQlzZ4K-2FeHxpILrg-3D-3DWtYh_Pr966knuaH=
maw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRqd2-2BtYh1j-2BP-2=
FGA553xOm0gPVZQx2DX4vvtKtPoN7laFdglM2uEJZhrC1nfEra6SXGbjvvTzLYMdL9ZyXLBsaz-=
2BnlYXK4ZMGPlgKSNAkE-2FxtK13y7QPrzQYva7xwQcKRjfLG-2FSxV4gOVQtGq4u9e9HSp2wkt=
9bHT4kRH8WBMuoRAIsGjRFF26tfxw8Z3iamm92XAugAVJzG5RFhzFELu4F7Nzrv1InwIV2fkEin=
QgPNt6wBGQoDoNjeAC2M5jJvwrAZ6DNK-2Fv99-2B20bpst1TU1TNnzGVVSpgVj5DrRWEQfCWm4=
uB9tqmkgCgEYzdBIAsdCDhAr-2BCN8b3f9BdrAdl-2FqjYOPK1SnnhpoR2n7Znw8THjsigDczS5=
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