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Content preview: PitchBook Newsletters Beauty sector notches 3 big deals;
GLP-1 telehealth unicorn raises $200M on big claims; Europe sets up its largest
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rivate capital markets</span></td>
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0px; font-family: Roboto, Arial, sans-serif;
color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=F0=9F=
=A4=96 <b>VC David Sacks' time as AI and crypto czar for President Donald T=
rump is coming to an end</b>, he told Bloomberg yesterday. Sacks helped arc=
hitect the White House's <b><a href=3D"https://url6380.news.pitchbook.com/u=
ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWz5inbpX=
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j5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2=
F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL=
0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2B=
jBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofVmLsgTrx2=
VYkPx0P0Q-2FLh8pGMZSxu4NC3MTIZU7XvbDX-2FTbHoXetp3ZERlPxjgP18N96B-2FcsWzAbrY=
63ej6E0HKkNJPR-2BfNp24c1m2CTJ5hniruXsYTF6Up-2BMeoy1QvGZKK8g9AN0ET-2FJs8wmLE=
NS8lEiXsadmQQFo-2FWZNMwyLTsV5Kq9VcExSludrgAQgXXjI2Db-2BxFnZduO7T8tl2jq2DRdF=
HBredz17QpQTb4DjpL4gtj2aClEQBWbzXX10T4uEjl19Bg2Wl6zWGQV9mGC" style=3D"color=
: #1D5080;" test=3D"" universal=3D"true">AI Action Plan</a></b> and its rec=
ent <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du00=
1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWz5inbpXRseJVkaZebOJqCS1Gqwou=
yUi-2BRFXEL9b9OFw-3D-3D4XzI_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4B=
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ylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQ=
KSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFR=
BmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWodNKiIbBLeYW0H1LQZ8sggcBUxdIr4=
KCpvi1H9-2FJWMhwr-2BW0mbYW6ttMt3xch2U3lMvoIfhYTvT09inNCfcDYhJIrZuPHlkZeUnmH=
06Rtpda2eruyW78TplZaFV410EHRYNzG54orW75c0adtmxZlA17hYrJAP5cFUBcqn-2FtJ2-2Fw=
da1myK5vEr54G1lzOzpRwSHrwsyTupQtDmEAukqdwz2AuOWOXEslM9PX5hkQmR2NbndLDiPnjPW=
8QhuhUi0y5uqVwMvKYyQfT4rFbnH-2FnTD" style=3D"color: #1D5080;" test=3D"" uni=
versal=3D"true">AI regulatory proposal</a></b>, among others.<br><br>
=F0=9F=91=89<b>Where are US leveraged buyout=
multiples heading in 2026?</b> We=E2=80=99d love to hear your thoughts on =
this and more in PitchBook LCD=E2=80=99s quick US Leveraged Finance Survey.=
<b><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73=
BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWz5inbpXRseJVkaZebOJqCpSQZK4DeGgHs3E=
t1RXBhlA-3D-3DyLOr_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbM=
cVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2Fm=
F7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8=
ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBh=
HuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWodtUv-2F48jYTt4OFrDODopu-2F3SvECyEjOFyF=
dMap8n5P1GbYEY4w-2BKFllq2uz0W9jAV5vzS3mLQDa2NEtCDG7l2C0QX0KGHiB-2BRyPj8X0lc=
Fl85XVV4ACitb01VmSYconpjVq905BUkVVxV5p8BBUSvY2p8n7p4uvz5gCLH5xhPKrqsGByJY-2=
BQInfkWOG3V300sAe77z3-2B-2B80NzD8MGYUFCtKkJVaQRly7ofvddfMqBoPBeESKRKq1o0hIT=
JiB3OioHthyGwQNp74qqZapujJOzf" style=3D"color: #1D5080;" test=3D"">Take par=
t here</a></b></td>
</tr>
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</table></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
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20px; padding: 0;" colspan=3D"2"> </td>
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<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_579095" id=3D"n_579095" style=3D"font-size: 0; text-decoration: non=
e;"></a>=20
<table lang=3D"x-news-group-title" cellpadding=3D=
"0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;=
">
<tbody>
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<td><span class=3D"outlook-caption-override" s=
tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
erif;
font-weight=
: 500; font-size: 20px; line-height: 26px;"> Legal threats to prediction ma=
rket startups could put billions at risk </span></td>
</tr>
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</table></td>
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<table border=3D"0" cellpadding=3D"0" cellspacing=
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">
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cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100=
%;">
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ing=3D"0" cellspacing=3D"0" style=3D"float: none;
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<td align=3D"center" style=3D"text-align: cen=
ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWz5inbpXRseJVkaZebOJqCFIs-2BRFu=
IVa6B8JhzSBvndQ-3D-3Dfdyg_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiyl=
YON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKS=
Cr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBm=
PBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofLchqBCxK7o0LpNWAiPeWd5K3fmeErH=
DdBaSxti1JsZylAkeJnwO3mu6k03dsQ8wlrqGHSUAgZIkJYO0M9AU2s18yJmkxBiweeq-2BgXc6=
CatDxT3fnPYm-2FC2t5Sovzg6oRklITZ3wOc43cNP6gd8Yck4XCRr5I4ZLi5ZfQPY-2B5GPM4mr=
SB9EPumK7eGheE0o5wAEoNg01F1UF0ZM2ZFh4TDsSeTq4-2BO0kOFjHIM7PZGUcKfWWsr5nw9bm=
ZMcesky0deECg0gFh0pwgqz4Qs5mt1" universal=3D"true"> <img align=3D"center" a=
lt=3D"" src=3D"https://img.pitchbook.com/news/73473.jpg" style=3D"border: n=
one; width: 100%; height: auto;"> </a></td>
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8px; font-family: Roboto, Arial, sans-serif; font-size: 10px; line-height: =
27px; color: #78766F; text-align: right; font-weight: 300">(Samuel Boivin/G=
etty Images)</td>
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<table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
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0px; font-family: Roboto, Arial, sans-serif;
color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>By =
Michael Bodley, Senior VC Reporter</i><br><br>
Arizona this month filed the first-ever crim=
inal charges against prediction market startup Kalshi. Meanwhile, a biparti=
san Senate bill introduced on Monday would ban the sports contracts that ac=
count for roughly 90% of Kalshi's revenue.<br><br>
That's putting at risk the billions of dolla=
rs VCs continue to invest in late-stage prediction market startups. The res=
ulting disconnect between the legal risks and ballooning valuations raises =
the question of whether investors are properly pricing in regulatory risk.<=
br><br>
Kalshi recently cemented a $22 billion valua=
tion, according to The Wall Street Journal, while Polymarket, its chief riv=
al, is reportedly now eyeing a $20 billion valuation. Pantera Capital in Fe=
bruary led a $75 million round in Novig at a $500 million valuation.<br><br=
>
Investors say they're doubling down on predi=
ction markets leaders because the window for companies to capture dominant =
market share is narrowing.<br><br>
And these brewing regulatory battles are not=
dissimilar to what sportsbooks and fantasy sports companies navigated in t=
he mid-2010s, said Bradley Tusk, managing partner at Tusk Venture Partners.=
<br><br>
At their peak, DraftKings and FanDuel contro=
lled roughly 90% of the daily fantasy sports market, while facing legal act=
ion in more than a dozen states. Both went on to become far larger as they =
won or settled state lawsuits.<br><br>
But today's prediction market startups could=
have an easier path thanks to a key advocate: the US Commodities and Futur=
es Trading Commission, which recently moved to regulate their contracts as =
derivatives.<br><br>
"What you're seeing here right now is a litt=
le bit of political posturing, especially in states where people have reall=
y strong gambling lobbies," a VC who invests in the sector told PitchBook.<=
br><br>
Courts, meanwhile, have been split. Kalshi r=
ecently won preliminary relief in New Jersey and Tennessee, but lost in Mas=
sachusetts and Maryland.<br><br>
"One thing investors can take some comfort i=
n is that most of those fights are about sports" and not other prediction m=
arket contracts, said Renato Mariotti, a Paul Hastings partner specializing=
in the sector.<br><br>
But what's truly at stake for the companies =
and their investors has yet to come. More recently, the startups have been =
marketing their products to institutional traders, saying they offer new an=
d more precise hedging instruments with tighter spreads than Wall Street ba=
nks offer on derivatives.<br><br>
And the amount of money a company can make o=
n institutional trades far eclipses retail revenue streams.</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: =
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HsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9q=
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ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWz5inbpXRseJVk=
aZebOJqCUa6CQMKph7cKQNozAR28bg-3D-3DjkGH_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ=
YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRG=
n987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD=
3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2=
Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoeGAJlzH1cR0PHDwA=
-2B-2B9Q7hWz9bl9XYaQkfOYXpnawEBVnIEABgdb6xjxjn9Sa3pvVh0v75-2Bcw-2BFlKKHHQXi=
bJDfpSYNoK9ub9EOV4a7AfJNY8axhpkaK9EOEHwhE6sbrvtn6OiCh80lvGb27JMMbeT-2B7h9Zy=
-2F9C6kYRVSjkXUG5GlFfEXJFnpQi2vgXnlt19iIVbqoFm7GI-2Fe6Eu6WC1v7Jiu3ogvn9ev-2=
F-2BuEBbKFzho4hYJoBP71gjny-2FuxEnypkxGXM0kDc5h15R-2F8sqIdbQ" style=3D"color=
: #1D5080;" test=3D"" universal=3D"true">Fintech: State of the Industry 202=
6</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>
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<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 PitchBook</span></td>
<td style=3D"min-width: 20px; width: 20px;"> </td=
>
</tr>
</tbody>
</table></td>
</tr>
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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: 10px 20px 14px 20px;"> <a na=
me=3D"n_578895" id=3D"n_578895" 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>
</tr>
</tbody>
</table></td>
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<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">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-2BaqM7ONnvsnswouzVmoZ6byhyuAH83mSggeOg7rl8oWNq=
3TxDY7ZYGTRzBbA-3D-3D870g_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiyl=
YON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKS=
Cr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBm=
PBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofZVkNZncNW0XV625jTp8ZxnPChaCnk1=
A2Ns2O-2FkSRMuAqhgSAPka-2BVmRtsLrnMowsQ4rfL-2FEQtwo7wbV2aN4OUsqHhfwMlAlMkCU=
YIaI6C-2Fpv1jSmbIibgiCxm8b1gCyV5PLKmH1-2Bso8n84MNN0cJU0k-2BBKAPVLxcdwHNyDYm=
zaj8CPHDmZ07OhvrWNmsIDMYpjcdwuBmu95t6lvbcBPsK5zWmLjfIjV1c7X2qPfJfNqjtc99b7N=
oi273bDub6Wu-2BMPpWvpAVo3aUF7swYqYqK" style=3D"color: #1D5080;" test=3D"">E=
xplore advertising and custom research opportunities</a></td>
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</table></td>
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</tbody>
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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 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 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;">=E2=80=A2 <b>EMed, a =
GLP-1 telehealth startup led by ex-Twitter CEO Linda Yaccarino</b>, has ann=
ounced $200 million in new funding along with its latest claim that its use=
rs=E2=80=99 GLP-1 adherence rate exceeds 90%. <a test style=3D"color: #1D50=
80;" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n=
73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVmoZ6byhyuAH83mSggeOg7hWxXj97qMLBj=
-2FkvGc75EjQ-3D-3Dl0Ia_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI4=
3kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON=
-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8=
UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBI=
PdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWod-2FQTU-2Fbn-2BJnRGuIUahj-2FgMwbnN=
zoz7b0i6m7-2B-2FNWvojN73vpwGBTCCC3BbV7SrPqyUqzn10JzJ3togsfc8x0nAxJKMvo-2Bhn=
zs0DUP13r-2FrcSiq0oQzdBaJ51H-2FBO4UhG2XliEBpBd2p1Wf8VE-2FV33tZUCHi0EBNjnxVf=
ZjeukytDarEIfIPrR8A87I5VbicLstZWK2379hJiHwzUbfZmE6sVuLStb3AlNu-2FvRAXuN21kr=
BKf-2F7RYDT2ye7ps8pNnpMgPQRAM4Pq4AuSR8lcn1z" universal=3D"true"><b>Read mor=
e</b></a> <br><br>
=E2=80=A2 <b>One LP has canceled a $140 mill=
ion allocation to private credit</b> in light of lower expected returns and=
concerns about risk. <a test style=3D"color: #1D5080;" href=3D"https://url=
6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-=
2BaqM7ONnvsnswouzVmoZ6byhyuAH83mSggeOg7lfMTgrlfF2vp1Pwd-2BHXNpA-3D-3DdTkS_P=
r966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlp=
kZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA=
82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2F=
U1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uY=
aDMPP2UerOcJPkDWoeNXektbejXbFLeDynA7feqULoDXLnNgOVD0DzWM-2F-2Fo-2F4LTtwy8oh=
42XvYuJ2uvKTzUOvXo1ZMXqLK7kB7EL6ZhLcL1UwNbFa5mwCdo4GPQSc3sYFjj-2BNIARzlvhao=
MWb-2BYmdNOZi4j2dnHVm0Sht1ij539nwtLs3HSoK6FiS3X9gVJQ426otMh2b4wIh5Q0zv-2FdV=
kInvWW9mER42p12Ba-2BkQL1JxqeaHK3ioZmiif9ikpBrQokbyaE8eoK9cp6q1yYONazeIq-2Fu=
lrhszeLTgg-2B" universal=3D"true"><b>Full story</b></a> <br><br>
=E2=80=A2 <b>The European Investment Fund is=
launching the continent's largest VC fund-of-funds</b>, targeting commitme=
nts of =E2=82=AC15 billion ($17.3 billion). <a test style=3D"color: #1D5080=
;" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73=
BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVmoZ6byhyuAH83mSggeOg7AK3rGHyw2aBZBq=
xpCBZ2Cw-3D-3DPi_1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbM=
cVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2Fm=
F7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8=
ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBh=
HuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoeXSOlxtDo0nvi-2Fpi60IQWjH0P14zBfv7Ukkq=
cOLHC-2FY4lWHy-2B-2BQ6ahHuNnahnkPOrsMu1x-2B0FYoZTn4mO4sdGNqNBmGAtnYkN8nxe37=
5Lwb8gpduzQPWl25tELn7EensQDpCSRPlBfbO4nTMTpxtMjsfQ0RP0Y96eTFJsxf8w9dooIpsD3=
4X0y3qUL36chdhycbKEnemOdVki94KgMk1w-2BTrJ8-2FpfgL8HmIcEBOrYHg71TEYxY8vjNHYT=
jk8YEbqwAMly-2Fqo9LYu-2BVUrQiWlt-2B" universal=3D"true"><b>Read more</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_579090" id=3D"n_579090" 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;"> Alix Earle, Olaplex and Salt &=
amp; Stone: Beauty's active week </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;"><i>By Jessica Hamlin,=
Senior Funds Columnist</i> <br><br>
On Wednesday, celebrity influencer Alix Earl=
e launched her skincare brand, Reale Actives, with backing from Imaginary V=
entures, a consumer-focused firm that has funded some of the trendiest cons=
umer-facing names, including Kim Kardashian's Skims, makeup phenomenon Glos=
sier and day spa chain Bathhouse. <br><br>
Images of Earle's chrome and mint bottles of=
serums and face washes hit social media feeds during a particularly active=
week for dealmaking in beauty and wellness, a space that could offer a bea=
con of hope amid continued headwinds in the broader consumer sector. <br><b=
r>
Yesterday, PE firm Advent International, wit=
h over $100 billion in AUM, sold hair care brand Olaplex Holdings to German=
consumer goods manufacturer Henkel in a deal valued at $1.4 billion. <br><=
br>
On Tuesday, the firm also acquired a majorit=
y stake in body care company Salt & Stone, which makes products such as=
deodorant and body wash. <br><br>
The beauty and wellness deals are a bright s=
pot for a sector that is particularly vulnerable to fluctuations in consume=
r spending power. Already this year, the total deal value of PE deals in th=
e personal, beauty and wellness segment has exceeded last year's total, tha=
nks to the Olaplex deal, according to PitchBook data.</td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table>
<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-top" cellpaddin=
g=3D"0" cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 100=
%;">
<tbody>
<tr>
<td valign=3D"top">
<table lang=3D"x-image" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" align=3D"center">
<tbody>
<tr>
<td align=3D"center">
<table cellpadding=3D"0" cellspacing=3D"0" bo=
rder=3D"0" align=3D"center" style=3D"float: none;
">
<tbody>
<tr>
<td style=3D"text-align: center" align=3D"cen=
ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVmoZ6byhyuAH83mSggeOg76tJONxJ9a=
xGw1gALMZaK7w-3D-3DsE___Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYO=
N-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr=
8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPB=
IPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoe4SqYPIEeR87OU6vNI72V2PgXAqmqUOA1=
binQj-2FT-2F-2BnSlsgpqHgQ4b-2Bur4E-2FlD-2FHQBGzCWcyW2EwiRr9b8Oca-2BzlW2k5AJ=
RUjMvgGpS5QHVmobpRbTNy0ItnnDKDgCG7YRlOZxQkJn7UfInijxtiM4WBR1pPkqiB-2BKdDc7r=
-2BnbeB-2BrVImuVr0DHptiSPIrU4s33tWZ8wY-2BlIGaDbEWh9BF3XDdBY9GfQQQ4p3cN5YrU4=
0M4Gf9-2FZQumjm1eQKaDT-2FG6SdZezgfrZx3VDTditN6" universal=3D"true"> <img s=
rc=3D"https://img.pitchbook.com/news/73474.png" align=3D"center" alt=3D"" s=
tyle=3D"border: none; 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>
<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;">Still, increasing cos=
ts to consumers have had a dampening effect on the entire sector. From Dece=
mber 2024 to December 2025, the Consumer Price Index rose 2.7%, indicating =
sustained inflation in the US. <br><br>
In 2025, while the wider PE market saw a pic=
kup in dealmaking, buyouts in the consumer retail and services sector logge=
d their fourth consecutive year-over-year decline=E2=80=94the product of el=
evated interest rates, inflation and weakened consumer confidence. Total de=
al value landed at $118.2 billion, according to PitchBook's Q4 2025 Consume=
r Retail & Services Report. <br><br>
For strategic acquirers, which are typically=
large consumer-packaged goods companies like Henkel, beauty and wellness b=
rands act as a hedge against some of these challenges, said PitchBook senio=
r ecommerce research analyst Eric Bellomo. <br><br>
"Acquiring these brands presents a faster pa=
th to growing revenue than building internally or turning to R&D," Bell=
omo said. "At the same time, the beauty and wellness backdrop remains favor=
able as household income demonstrates resilience despite incremental strain=
on discretionary spending."</td>
</tr>
</tbody>
</table>
<table lang=3D"x-content-area-bottom" cellpad=
ding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: =
100%;">
<tbody>
<tr>
<td valign=3D"top">
<table lang=3D"x-content-btn" cellpadding=3D"=
0" cellspacing=3D"0" border=3D"0">
<tbody>
<tr>
<td align=3D"center" style=3D"height: 36px; b=
order-bottom: 2px solid #40C2C9"><a class=3D"customButtonLink" href=3D"http=
s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI=
rf6GFa-2BaqM7ONnvsnswouzVmoZ6byhyuAH83mSggeOg76tJONxJ9axGw1gALMZaK7w-3D-3Dk=
QMU_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHs=
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al-align: middle; margin-left: 8px;"> </a></td>
</tr>
<tr>
<td style=3D"height: 25px; line-height: 25px;=
"></td>
</tr>
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</table></td>
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</tbody>
</table></td>
</tr>
</tbody>
</table></td>
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<td style=3D"height: 6px; min-height: 6px; line-he=
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</tr>
<tr>
<td colspan=3D"2" style=3D"padding: 0 20px;">
<table class=3D" " lang=3D"x-news-=
group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid=
th: 100%; min-width: 100%; =20
">
<tbody>
<tr>
<td style=3D"padding-bottom: 25px;">
<table class=3D"" cellpadding=3D"0" cellspaci=
ng=3D"0" style=3D"width: 100%; min-width: 100%;
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border-bottom: 1px=
solid #C3C3C3;
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<tbody>
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<td style=3D"padding: 1px 0 0 0; line-height:=
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</tbody>
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</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>
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<td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel=
ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVmoZ6byhyuAH83=
mSggeOg7bL8RjvTIRJhTejVngfpR2Q-3D-3DEXjS_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ=
YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRG=
n987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD=
3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2=
Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofhgCNMP5pXESqiuJ=
k5dTWDkVdng-2Bjy6PSgKFWv0irGQV3gvCzUzx89GGm1dKuwkSs-2Br7k7khSO8EjPRT7-2BdVK=
xuyfwmLKOajUkScKiRfcZGG-2BP45nHaDAyv8MYEIlaPst-2BAv-2B6RZ1eNrchDKYkvk6f86ju=
3wHejSaHkjKljk2GZfzPVqEoVpa8ae6M5eA35Q4tYkeznOJ6DrA-2Bn2f6X9s2PZ-2FQ8uqhLlr=
jk7qyQfw9wKQ1ppMvFJOPFaKR-2BiecDT8odUwP2h2FwF8jEY9luCrr" style=3D"color: #1=
D5080;" test=3D"" universal=3D"true">Q4 2025 Consumer Retail & Services=
Report</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>Side Letters</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"><i>Sma=
rt reads that caught our eye.</i><br><br>
=E2=80=A2 <b>The ups and downs of data cente=
rs in rural America.</b> One Louisiana family made a big bet on a taco truc=
k to feed data center workers, but faced challenges along the way. [<a href=
=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7S=
pSWIrf6GFa-2BaqM7ONnvsnswouzVmoZ6byhyuAH83mSggeOg7P-2B13i2sQygsMv4d4dsIhNA-=
3D-3DJitX_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68=
NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr=
6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2B=
pghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hr=
zhq43hXz6uYaDMPP2UerOcJPkDWofgIal-2BRBiqTknUVSfOLQRSAjzN1sBinqIkil0f2bJa1qM=
jKG4JtRMt8FcEr0newNXN9ywz8BRIqJAiGIMEMc-2FjWXCUn-2BVKy1xmQZaLC4yLn7vpf2uUgf=
atIyVv0wiBI9Mj2pWu7rhPvcsIeGWWhCC-2FEZ0aftVJI6cPeiAFCwfQQRfOdVOq5iP5pxVdl2H=
B2kXTD0Zly2MOHSxNnFMdDEH4H23673iNfJzNmtg8m9f9XgFqA0ChgbnR6GODorSRPfBIlAiUI0=
jxV5lzb8F2vVs8" style=3D"color: #1D5080;" test=3D"">Fortune</a>]<br><br>
=E2=80=A2 <b>Meet the tech reporters using A=
I to help write stories.</b> What's the value of a human journalist, anyway=
? [<a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B=
rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVmoZ6byhyuAH83mSggeOg7rCXoVILnEuFm9a4=
70lpR0A-3D-3DheMR_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMc=
Vf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF=
7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8Z=
IbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhH=
uNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoe3C3FOfrxnBXThf5m1TfXi67SZf7ccjJvy9Ge1m=
sO3uOJjUFCSFZFA4QPoRw3EA6yeMic7qnyHfBNhdWRDAb2VrDswjgSy1vYsYKs3RGZiwra7niCv=
N4CtFhZvGapwiCJLowiR-2BwzD1GQNeHRo-2BmJ7k226e9rrbl4qZvg7F5H0VNx3CJVMa4KEoCY=
IbGl-2FQ-2FieSjl49ffp42lnapFDWyEhc7U99DFZZCLQ-2FRDFKbGU6TccfYk1jk9gCGSssWqj=
Bjn0YBkVb82jANoxnhPHijbM" style=3D"color: #1D5080;" test=3D"">Wired</a>]<br=
><br>
=E2=80=A2 <b>A federal judge in San Francisc=
o granted Anthropic's request</b> for a preliminary injunction in its lawsu=
it trying to reverse a Trump administration blacklist. Anthropic sought the=
injunction to pause those actions while the suit continues. [<a href=3D"ht=
tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzVmoZ6byhyuAH83mSggeOg7Wq51r1JnVj4OVSxkCiL-2F5A-3D-3DZ=
ifp_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHs=
XWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEd=
BqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWi=
fX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43h=
Xz6uYaDMPP2UerOcJPkDWocjRzNnKrknAqUoHoSe8u-2BUw81nyj74ATcg8T3dAgWBHNlJwYDty=
nq2PaEscf1hs6C4YjKuuLigN-2BTSRZjvYUz3kSOEJ8riPZCitH0It7pDxNgsiE6c1tfj1-2Fsb=
qOM6CQCP7ZSm1KzcYKeYySdqwmkCLQsPr1NB9hXQmdGFPuyDuoncxW322Zyrxep2aDve3mt8dkJ=
5mR9fuLTP1Vxm3Yac1w6FbMzoQuYxUnKQsKn52dE6l-2B8a8yzqW0vFVhYOMNj1ARE5HQQAe-2F=
gWTshym1qY" style=3D"color: #1D5080;" test=3D"">CNBC</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 class=3D" " cellpadding=3D"0" cells=
pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20
">
<tbody>
<tr>
<td lang=3D"x-advertisement" style=3D"padding-bottom: =
20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht=
tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzVmoZ6byhyuAH83mSggeOg7fEjOPvADBHbtqOb3N-2BC0GA-3D-3D2=
SNq_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHs=
XWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEd=
BqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWi=
fX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43h=
Xz6uYaDMPP2UerOcJPkDWodaW-2B3MBUif95JiSDFPPjM8TKdhHIZcDvQQqlrQ6vGYpNgrdEshi=
VCZnr6HLQFWiOsjtzLXkkglZFh7AHlvN6Rh9wauSEAmvCm0s-2FlnIbOUlXKe3pino8ucrAae4g=
OwtcmLTAM6ayCQ1ieqJMC7OY324i8PAyeX-2FqjY7wONFuo4qRBFNWhydFfuDulh7V-2Fthfw8Y=
0-2BTqxbI7cIG3mIeG46YVdy5M8Gg2xGfLEjMa0PNwAQ5QnbmKNt-2Fq7t2f-2BS9Orhq28fkHH=
D7IkKOeTCzlYDN"><img width=3D"460" src=3D"https://img.pitchbook.com/ads/ad4=
501/Monroecapjan.jpg" alt=3D"Ads" style=3D"padding: 0px; margin: 0px; borde=
r: 0px; display: block; 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;">
755
</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;">
2617
</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;">
1049
</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;">
28
</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;"=
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<![endif]--> <a href=3D"ht=
tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzWFEITSgg7hI3Mkwa8rnSu5-2BAXg84qBN5azuPqVd1WS2w-3D-3Dw=
mqb_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHs=
XWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEd=
BqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWi=
fX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43h=
Xz6uYaDMPP2UerOcJPkDWocaVR07zBB3HCTr8M6FzuzTL2dBP4YlSTBcVexQupwiRgh4MNPf00W=
kqH4RKyz3hhjyQaVSZIPuIEI9fKfbxVFsCqvdOz1kVKEvqnKN5TipBAuKTyoIAIHMXWW2CdLc7B=
WD5ZdePLLFB45twJY7fex1g-2B3-2BDR8zDOlKe5-2F3-2BFaKzaisv0-2FRnNIbOrL4Nz4p8lM=
9WziSk1oWT-2BvEihpun-2FfY0qlk4nSbeuvLegUj-2Bjz29Zks540pd8bGrR-2B8pdhvdvqwxq=
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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_579088" id=3D"n_579088" style=3D"font-size: 0; text-decoration: non=
e;"></a>=20
<table lang=3D"x-news-group-title" cellpadding=3D=
"0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;=
">
<tbody>
<tr>
<td><span class=3D"outlook-caption-override" s=
tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
erif;
font-weight=
: 500; font-size: 20px; line-height: 26px;"> The Daily Benchmark: 2020 Vint=
age North American Debt 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: 92.0%; min-width: 92.0=
%; max-width: 92.0%; background-color: #1D5080;">
<tbody>
<tr>
<td align=3D"right" style=3D"padding: 0 4px 0=
0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,=
sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">9.89%</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">10.75%</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;">
0.49x
</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=
swouzWFEITSgg7hI3Mkwa8rnSu5-2BH8xg9u69hoGGTbNW2UuOg-3D-3Du1VH_Pr966knuaHmaw=
6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp=
-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70=
fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-=
2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJ=
PkDWofEZ72ymKLbByWGSMbAOkTPOISfnxsGL2Xgjb0NddUHncThInwHV4aTylonujTsAVfsXGB3=
fb8aDRjabFhsCdt3EH89BAX3P3BEBk-2BPTxK-2F3GD-2Fh7eze0JokRllHPfwpjUY4SRnAzQ9E=
yE-2FHe0FjM6FZIe9oS3kR4PVSO5FMHJy0CSw-2B37sjm-2Fb7MuSNf3o-2BJVs7IAc7uxV9H1Q=
8WmNR3x69-2BlVqpfuRvg-2BAQwusYrTsBvSReCfxx9qmkFOcTGnV1zn3EJ4bD4nc-2FUcGSvMN=
TjY" style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universa=
l=3D"true">WhiteHawk 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=
swouzWFEITSgg7hI3Mkwa8rnSu5OoUefKza5SB0PnyVvRbL1w-3D-3DIoEf_Pr966knuaHmaw6c=
7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2=
F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw=
2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2B=
Kk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPk=
DWoettnNc89Ju9R1U21ekZkcgkLjxnnnngisigVzDndkSzCDkm5wK16Unzd0YormtDxfhsu7eS8=
kB78ei-2FObDivXd8d7x1-2B1LHzUG0o8-2FB-2FwbF5eK1vBYNl-2FXutZZUtfoQ9Sa66vvNvB=
6dKvtGuKsDhOoFi-2F64wsCq1XmRg1EKFL7TxfkdnSG34RGXyTQz5wll4Ne9GhmbijspsSCxpiU=
1gy7t9flX19tIRWvPO9NMWNANXVz39CZIJBoNL62ctOiSiKsFFWHZ2gUcRUd9WZvWkA5" style=
=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D"true"=
>Centerbridge Special Credit Partners III- Flex </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=
swouzWFEITSgg7hI3Mkwa8rnSu56wd8SmfPBDyeS0-2BYvgo5ug-3D-3DG5KU_Pr966knuaHmaw=
6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp=
-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70=
fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-=
2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJ=
PkDWocELIBuY2XEs8wBqVwV8h26pAAYJKOsMExcmphRrxpEQSqij7SQLuCl0N62bmVK060Fleg4=
mrwZwdCgf6a-2BsAsaRiePcJ2mi3awPxvDk07iv56AEIKTzBDJyR6Gj-2BGHy2kjWE-2Bsb-2B8=
epvWu7l4kfc1ckcWjeh4DiKY19TdzJfyVcOEdTn3K7CQDyvP5AsIyzfCtDp8nwlaFk5zqIbDeCE=
btTXbRuxqkwT1d1CzFNmtLcqhrSdIOQMhMBUtdzfy0Wtu-2BoQBJISl2zK0-2BGfri5U9V" sty=
le=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D"tru=
e">H.I.G. Bayside Loan Opportunity Fund V </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-2BaqM7ONnvsnswouzWFEITSgg7hI3Mkwa8rnSu5BjSAvj=
UuftX-2B4FUUdQrmkQ-3D-3DgbBI_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4=
BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvF=
iylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5Oom=
QKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSF=
RBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoc67EFel4zOWNWwnJ27INWtbsQPlu=
JAyVcKJlM-2BijmEoOT8DhTjZOM2xx-2BpyzVipjJHu3IuzcNQgdQKWptwlFOOb8pz3gW05bSwR=
4J-2BImw2ep9RMYbL5yoAMI1YrGhjtR0XUghmXkmaA5FRmbCX90aV-2FbeeKtJDgIOB8nSzrPZm=
tsCQWfjIMpjBPhJSsfvDYXMZzDU1p7Zqf57fUTLaigmadvkVf6-2Be3ayN9A4Nv7AKf-2BXC-2F=
tCRFx0nHGU7Jcb7px5M1qWiVXf-2BiKgIoVYh2qbu" style=3D"font-family: Roboto, Ar=
ial, sans-serif; color: #1D5080; font-size: 14px; font-weight: 700; line-he=
ight: 24px;" universal=3D"true">67 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-2BaqM7ONnvsnswouzWFEITSg=
g7hI3Mkwa8rnSu5uRCs7E3eg-2FNKk-2FgG-2Bkxs5w-3D-3Djj5E_Pr966knuaHmaw6c7pKvB-=
2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbp=
AGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxB=
WudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8V=
ScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoc7i=
rQMtbLIopyTT8EFRku9KxybltiAf-2FXOSS6XvVlGYYeayi6aiue4G8sGBHZCfSzfwQ6NZA4RrZ=
QSe9VslOBdeFoUiixRQCNNeICGP7JiOMfqngW7Cqoplsr05pN5jrrp-2B9oIEtKAZQTN-2BseSh=
Eifvx1OnwJ5Jasi9hRGg9FrFw64zEGxIEmLXTbhhPV8MaQ3SMU0NUmpQ5N9hwuxe7gOHj5UMm8x=
cOCK4k6fESadu9vEQALvcuiEJRy46io1XzTKBXSYnpiUEF6qv5BK-2F-2BfK" style=3D"colo=
r: #1D5080;" test=3D"" universal=3D"true">PitchBook Benchmarks</a></b><br>
</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 class=3D" " cellpadding=3D"0" cells=
pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20
">
<tbody>
<tr>
<td lang=3D"x-advertisement" style=3D"padding-bottom: =
20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht=
tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzWFEITSgg7hI3Mkwa8rnSu5amOy0CdUKtrOkY8tgbhA-2Bg-3D-3Dq=
g5o_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHs=
XWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEd=
BqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWi=
fX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43h=
Xz6uYaDMPP2UerOcJPkDWofEKvxw-2FNy9UPanaJUsQontq5z5UdUuWHIpZ-2BXRI2NxvkqwDQ5=
2nkG-2FO1-2BuT1XVB3TCwjzylhxJHETaxaMepxgY1yDOvbcMED8XqlMjpC9cPSOCR4JDE18gOX=
H-2BERnMbigoGkLK4rZU-2BqZ7URCVRIUt5NBvNMixkt2Vq3IiCiIyQYlNYQVGJbjmNDFUf9mh-=
2Bab4mdDlzNALggyf3vI2VZQyF5EeIER-2FukeGm93MCbecOAXsa30sqV4dq1I-2FbJmPw6r1vD=
iALoRv3TjEd7-2BkArAE"><img width=3D"460" src=3D"https://img.pitchbook.com/a=
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</tr>
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</table></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">Nvidia=
-backed open source developer <b><a href=3D"https://url6380.news.pitchbook.=
com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWFE=
ITSgg7hI3Mkwa8rnSu5DVuHyG4Eo4fh1uzW266mFA-3D-3D0MEN_Pr966knuaHmaw6c7pKvB-2B=
CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAG=
Srz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWu=
dGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VSc=
Wl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoeWUNe=
mQ6CSaf6nzTuwwo8pYY2nnea78gN6PC-2FUPliNUSGvl2O-2BQ4LX0ov3hGK2SD-2BYxv0hlxTi=
Vy798lbrtjHqxhc3JputXZO2xLa0tsnhQhgZI2O0fGzGh3etYECelnq6OzpbUeCeOV5LlvKPf-2=
Bzg7HraVwlbp9editrohpRwZWj2MNQ70dtFoNFZkqyY6bJSkXF0D-2BjDy-2Fc-2B-2FvMHUKai=
CDYFGnhU4CbG8jn71G6kSaeqM9rCfOZUwZKrGmFoiYlbUiJ-2BM19VUTK0UTMHY0of" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Reflection AI</a></b> is =
in talks to raise $2.5 billion at a $25 billion valuation, The Wall Street =
Journal reported.<br><br>
Satellite navigation startup <b><a href=3D"h=
ttps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7Sp=
SWIrf6GFa-2BaqM7ONnvsnswouzWFEITSgg7hI3Mkwa8rnSu5ESRaAG-2F1NAxJLhV7YMAF7A-3=
D-3DGn5x_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68N=
VRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6=
W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2Bp=
ghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrz=
hq43hXz6uYaDMPP2UerOcJPkDWofqN-2Fj0PtR6I4E8fwaYFQH68fKncAVMSiwHqEqq883T4syB=
pP6xm-2FYHJkNnxynMxBHTM3CBnNsHW0eygjD6CnoxISROWTQpVdX1W4-2BcI0vmpP9M9nQ7Ymv=
lJXhrBifgat2h5PlR6i3twZq4Rb3gcT7ZWqA5uOGhspHwymdB-2BR4TgiODLrIUCcI2XFSpFuT0=
dERv3ls2HDKtNrGjwaNSjpvz7lUBS1AGhuOWXvDN5MojO49gV-2FRl30c8Mavrpm24hZIghwC1l=
jDsm8vZ9J5x8N8q" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Xon=
a</a></b> raised a $170 million Series C led by <a href=3D"https://url6380.=
news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM=
7ONnvsnswouzWFEITSgg7hI3Mkwa8rnSu5njvTDhclqHQXJp9d5hrJlg-3D-3DoYAD_Pr966knu=
aHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vM=
WmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3=
BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQ=
Adqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2U=
erOcJPkDWofJxyE24mxRTSVL9N3X9Dfxx5y7qGSr3TyHt7WPkUVXCAbb6csK0xKwO3e9X6J4dND=
wi3XCdA8Az6swmgFn-2FNMudiEOlDvQVg-2BkwEnQ5zYCTap8bstRFv1qK3xTAH6iEDPce0DQa6=
8Wh7BKQsftwCrsqILRwbqaJYnkWe8xjdmHBXj-2FEowxIOZf-2BRRgr8phkRq0VuVaavw1LmnLB=
R6G170kylbaIvcR8HO5IjFnHf-2FMjdQJac6pyHyYaDJangj4xI-2BPx96uj7nkLpCI4jD2G8IE=
" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Mohari Ventures Na=
tural Capital</a>.<br><br>
Laundromat management software provider <b><=
a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B=
rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2B-2BcqOYj11bbrGAyE8Y63Q8vPXEx-2BxS=
7x-2FYsLdX6vxPw-3D-3DxXI9_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiyl=
YON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKS=
Cr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBm=
PBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWocoHimt9oQfwMDvkgGT-2FFhEL1kYNha=
caIRc3itLnsI-2BtXDfIOppjwNcyEjU4yt94bEXENUFfAN-2Bazn2TjvqxULIiAZ9hDHNiE-2BA=
wDwDVHgMh-2BLlazQxMzE8L4Lj-2B0k1cWUU0-2F70IoAyF-2BSuEBFRUiia0Dfw3NTEJUZjoVV=
6tELUj5bVYNhCUnAnWcp24rfW-2FpbqfUv0O-2BkA-2FwmbY4-2F9kuPey-2B3Grc0MayM-2Fw2=
KztVGvFZJ5baH3qzG0eBRoM4ZnlezE8EaQpje-2BF6aM5VYAavbW" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">Cents</a></b> raised a $140 million Serie=
s C led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2B-2BcqOYj11bbrGAyE8Y=
63Q48RlZlBDyvDyYRNZJwNaVQ-3D-3DfSAk_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQ=
P-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987o=
RMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3Atml=
Ysd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0=
mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWocCn5XpzyBdN2Dww6UPHjE=
BFB4VwAYaA-2B9N5LscjqSo-2Bf7wInqZLZsqEdue7ikb19oT-2FBrsBCxrlRLf-2FOw78mnMnR=
2fTdW3B1Ix3RVIAcRo1ITzlML-2FOb3IanBtwsnus4ESe5-2BGNuTjNqZGP8yyJkI9kQtT-2BHh=
gD-2FHH-2Bi07BFoQSj-2BhTHeCLYGdmS-2FkCTbsp3jwjjkZ4qPwXLDd7Et0eSq2EwDhjCojrF=
BsHvaQoqeoCCanTRD4AhKflOHt6Ym7w1hhshduFDOSGDWvpF-2FA-2FC54" style=3D"color:=
#1D5080;" test=3D"" universal=3D"true">Sumeru Equity Partners</a>.<br><br>
London-based AI-powered note-taking startup =
<b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4=
n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2B-2BcqOYj11bbrGAyE8Y63QeatwGrh=
waXp44e4-2Fyv8N3A-3D-3Dmru-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4B=
iQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFi=
ylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQ=
KSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFR=
BmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWocc2kGWEfP4VZl-2FTiPx2hhrlK7my=
2iEP3TmOg7rdmU9Imia9gic1ii3dhyNjbwyR8kr3sQLW8cgjMy3WqoD5UEOh-2Bu-2B-2B1bjlQ=
vWOasAGzQgFPJ4zjHsq0Oj14E-2FtbJWmTwN52xKIQ1xkE6s-2B-2BGG1pT-2B76giyfCHEEhDx=
vygS7Uu9o7FLhi5OFsjeh7cCR6ppnIFdru8clpkYTjeWNc1o1m-2FN3SoAFWUVv0tLJiQ8rUXU7=
Zfcv-2Fexc7WXEhe4Z11QIlGISAP18I0XQ-2BINojbbOsk" style=3D"color: #1D5080;" t=
est=3D"" universal=3D"true">Granola</a></b> secured a $125 million Series C=
led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0=
01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2B-2BcqOYj11bbrGAyE8Y63Q5J=
DkUPCOtVTI5ELbtL88kA-3D-3DRbLl_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BH=
R4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3u=
vFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5O=
omQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvl=
SFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofYhPlxoRepl3maMrXFPOT13ho7=
HMyQ1aGA9bPMjcmwa4ILTKADIictMY2jZvz-2BJDU9KfmeMBOqvy1ePUcWqXHFhZPgmnLuea-2F=
JI7KCMdDhkaR6KVnI0PxiL458HIUs0S-2FtUa8n-2FjSa4HfZlRKhtlBb0gSyshMTZVk0QeGqnb=
88EbSYQ-2Bvj-2Ftlbl4FG8XB-2Bh-2FKEwnPLRnphcrHxbbbQma8ipBt0AUTrFxNgougPPdzEi=
rhtWvFsBnkAm2871z0tRrZxSpDIg1eiMIi-2BKY2cX6QK" style=3D"color: #1D5080;" te=
st=3D"" universal=3D"true">Index Ventures</a> at a $1.5 billion valuation.<=
br><br>
A startup offering AI-powered court reportin=
g and litigation tools, <b><a href=3D"https://url6380.news.pitchbook.com/un=
i/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2B-2Bcq=
OYj11bbrGAyE8Y63QoSEMFrdVtnmUh7bLjWxfMg-3D-3DQWdD_Pr966knuaHmaw6c7pKvB-2BCE=
iDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSr=
z-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudG=
eJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl=
-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoeS-2FXT=
-2FVSGSw8ULfTjUmc9O2st1wRHNyEt6ZQDau8xfEqBx57apcFJkI-2FRDjXRyFGIhyTDaFLZh-2=
Fn7DNy4sRGPrNL-2BDt6R12lfRQcGEhRzlvBy31EdBZjPMcOV9iJhLSpwk40hMqNgWOHP78FvGm=
0tFnhIjvw0LPVjfm-2BcXGX5lWlFYnO55Zlgm9GEi25bwUQUSfIQX8cp7HsW0qdTVYehR8XTL9y=
jnYcc8kSrDL-2BSFkU-2ByXcMa85eWFZ9UwjaRkeyrcM73DVsgwbce4NapLaoS" style=3D"co=
lor: #1D5080;" test=3D"" universal=3D"true">Steno</a></b>, received a $49 m=
illion Series C led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls=
/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2B-2BcqOYj1=
1bbrGAyE8Y63QIEk3PCAK2izKSiCt-2BraE4A-3D-3DVuxk_Pr966knuaHmaw6c7pKvB-2BCEiD=
nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-=
2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJ=
L0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2=
BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofAhTLSsJB=
v-2BJMbYH7RL1dFt6GrQQ06UdyJmtjUq-2BduOPlPGsLVzW8BHbh57EC79gHecUa2s-2FypD9g1=
QFef-2BaU86Uooda6s0faRuJbyEV9X142GhJgCcIoeQETMO2U5-2BBhD5jgqYw5EEDdZWZ1HDDV=
-2FCuIGODhjXGWQP5znNbKYm73PdhTfkJelYX7lNddamfDNyw6FD7gQNgsTz9vgT0NhXbG4RJNL=
QJ1JpbmgYAqmf1wdHpUDXfWDarP6Kme-2BkEbTS01sj5BekqdADi3jGUwz" style=3D"color:=
#1D5080;" test=3D"" universal=3D"true">Savano Capital Partners</a>.<br><br=
><b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d=
4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2B-2BcqOYj11bbrGAyE8Y63QZ4Uqb0=
drefZVj-2FIHW6mqCQ-3D-3DK8ss_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4=
BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvF=
iylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5Oom=
QKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSF=
RBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoeCiWvdyzNsCD4Z-2BVvHfGdS0mu7=
N04Mrscbjio5JWngDS-2Fjs0-2FY3STdYW5r-2B-2F3zL8FjXzpu0QtDbxk0BrKb231F-2FamwQ=
I-2FRoqcbzl5i7DwxZSDwWqCE1-2FkIbXE5M3SC3uK02CnAh3ygqjPG-2BCjbv89KCrI87Dn0Pm=
tSE0RlxbusvJnh1y8huKHk7KuRlpUifXaKWdbU7Id6dq6f-2BBH-2BHjVzAxOh0-2BM3YHhUHdY=
s52yUurdqHmMNuzUgF0w7Gf6swxpbn1h0VSkBHRzQzgKfTtdO" style=3D"color: #1D5080;=
" test=3D"" universal=3D"true">Worth</a></b>, which develops software to au=
tomate onboarding and underwriting, raised a $30 million Series A led by <a=
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br=
X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2B-2BcqOYj11bbrGAyE8Y63QVSqnmbscMb-2=
FlnTQVm2F-2Bnw-3D-3DoPwf_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQV=
I43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylY=
ON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSC=
r8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmP=
BIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofl4GRnYe2T8Diy2oUg3bypUlNNDA9BnG=
jvmVAuufwixxOYJsf8le9eNS8laZ1r44IDaB9VKLrhdYmWVjon2DOccdlBKVIOZgSQLH7L4n78d=
jI-2Fpuk86Xx6aJXxiKIE3BtHZuS6Xuzopy5o0u-2BjgbxnlPNfqGoaCYQTOLv38-2FETYvEc-2=
FPAV090FWEHsb4dMhVgzIOlfFSc1uCKDnt8OmQpT-2BOJImXVjn4cQl9PptxiKlECENBZPffS1W=
R3P8VxPj8iYMitR7u-2FHdFvkXZuu39-2F0" style=3D"color: #1D5080;" test=3D"" un=
iversal=3D"true">Fulcrum Equity Partners</a>.<br><br>
Amsterdam-based employee mental health start=
up <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001=
.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2B-2BcqOYj11bbrGAyE8Y63Q5Frl=
ylPIl6t1E2OEg92b8Q-3D-3DOVjN_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4=
BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvF=
iylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5Oom=
QKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSF=
RBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoew0PKtQaZAjZP8PdD017HNGzfbp1=
VWaBtYmsc43Tq2fkdjKaCcujNYclYsGXpt1zUxe6ixOUp3PrpZC7rg2Bn7M-2FB5Pt3ZywY0Ajw=
O7vj0Tzuh7Pw8sXkYS3IJm2LrozItm278jGjjiy3iWgQUZzzrF9dG7sj1wniD-2Bj44xLnvc3yS=
kQB2dwCK9bg-2FZfRzbT4otTVV-2Fi-2BWpE2PTOcq-2Bwc-2BGXmr6AJXaFgK2AHgtraCvAp2y=
i3wSB4IzdbJ8PWv9jR3GJTgTF6yU4REgExE55Jr" style=3D"color: #1D5080;" test=3D"=
" universal=3D"true">OpenUp</a></b> raised =E2=82=AC20 million from <a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2B-2BcqOYj11bbrGAyE8Y63QSJkb65P5p5R3zbyuL=
qp68A-3D-3DOWYR_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf=
8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7W=
YMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIb=
VAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuN=
Mbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofJRphxqM2zFQOdqkww4VpG5WrEYx3cJIMljWYHduO=
Xv4Hyfcjf74sECSlS9vsB2Kq-2B5lsc22-2BvkRfEA2jmK213Kzm5qRWGopS4wqIH2z7qjVCuJF=
6tZm-2FleayZdDVPOMuTzx2axAWfuOqxcz-2FYvgIN2KCfk3zfzerL8rzrY1HPasCZp8NeyyBOz=
PD3hmzXDiQzG6rK7X0UO9CiTV6KHKCL1alfDzyVd-2BoD5twMM0SEgDPn5QDgL8z5Rk6shECaVI=
RHcqki4Kw7FdAfamLnvF09" style=3D"color: #1D5080;" test=3D"" universal=3D"tr=
ue">Smartfin</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/c=
lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUi1GvopgE-2FcR5=
RdoPaoPQRBgYCy6Mhh-2BHZpr38fyg7XA-3D-3DaCJS_Pr966knuaHmaw6c7pKvB-2BCEiDnj5U=
wlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5K=
MRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yi=
KGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq=
1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWodU0STTF5GpFJq=
XQRmQ4x16WunIZW7cv11sxe4ntFHCeLzGxzQXEdlso0pT79UlFYirMni3sEzrdLRXxtEfolY1Sc=
Fg1zTYXVUKAqzTjYU6V7u5wL7EkiK9QaTrXsBwwDCCmXdXYy6HEV8DxvD4z05fBKy2NBU9QvVKz=
3zquzHJtwj-2BRmsNXOXNvTxQTPh1rer1u4eLx9N39fDJ-2B3GrZerbhyY0d39ayoB-2FRZc6DR=
2qqHGmuzlkVdlE2hwtKuBgwiD5Z6MR1hKVlZ-2FxbKO-2FCVWA" style=3D"color: #1D5080=
;" test=3D"" universal=3D"true">Rubio Impact Ventures</a>.<br><br><b><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUi1GvopgE-2FcR5RdoPaoPQRIKYejMw7Nw1Pq7EN-2=
Bvh1LA-3D-3DPSld_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcV=
f8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7=
WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZI=
bVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHu=
NMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWocVakHSdeSZw-2FHWg3CDfA7FLavFNHTq2g-2BpdU=
NMKn4ada2KWJuVPsy3wELhPQevhrawMPvIgtLjuiqIq7vTn6WNWmbtxZP2-2FXoKvfx-2Fe2MsF=
2lwFvbo2WLL2XGIpT3yyQlKSFYGDb-2BQj-2FVIVG6ulR6GQX-2By-2BaT9FfbMKEYhBnA31Ik1=
pnHKH-2Bw9Jc2G-2B7Y1NGe15M0Ya5Hf-2B9ntCYuoaWc0dslQK3MJa-2BcV-2FZ2cmcaHGV4Ir=
C-2FL8VbsgYylCzdG9q7V87dC3zoHpSUq1ZKNDesh" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Blossom Health</a></b>, a psychiatry telehealth co=
mpany, secured $20 million across its seed and Series A. The Series A was l=
ed by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001=
.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUi1GvopgE-2FcR5RdoPaoPQRJxHPUb=
xHM5RsMuiDRLrxrQ-3D-3DeUWL_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4Bi=
QVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiy=
lYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQK=
SCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRB=
mPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWof3zj2CeWoE6IehYl7C8smbWma0JIP-=
2Bte4uHXidnTyTVndeXwrryVDv7Ug4ivtUiLudzICjB5JFxDZKB3cZsUD4h1r3hYwSpo4AJdp9U=
XFTRAayIJYxJ9MhLxXNkBMob67-2BBZmPqruQez-2FeO0LjKqBAyWrYWUcNn1XSxxKzBjEdSnO-=
2F9EAvwBzjzMCGGpZaN9VnK9qJdUePaXO2sZkz4EsPjERDQsti2C-2FgHasQhZ5dxfSo2OAiJrP=
CTIqLI-2FAMPAoSkkWFKOhupmEnTMz7v1wB" style=3D"color: #1D5080;" test=3D"" un=
iversal=3D"true">Headline</a>.<br><br><b><a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzUi1GvopgE-2FcR5RdoPaoPQRhOiMqv4hw4M5DKO6fJuXRA-3D-3DGqUH_Pr966knuaHmaw=
6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp=
-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70=
fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-=
2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJ=
PkDWocRfDYpaiTeLG6ox4fSgJ5UzGKwUKkLehbtjENwZAalg1xegiqaJa7cBHXbVRnB-2BlX3PW=
HeZWyDB72f3xjD9dhgqNq58flWvIaZjXcBAi6PennGHuFEZX1UCqnYw-2BziGEGIkgLsT4OTIb1=
rOysbWVfSfz5W-2FOqC-2FonXdrIUN1dWUmNvZAF7bw9-2FKcMLy4ppz8reTNHyRGySb8vdC8ek=
aSpMMo58EB6wYi8gfS8KK2PaETjGhtg6fVrrEIHPvhfI0ihXVV10BdKVknHnr-2FGA-2Fouq" s=
tyle=3D"color: #1D5080;" test=3D"" universal=3D"true">Scalvy</a></b>, a pow=
er delivery company, raised a $13.9 million Series A led by <a href=3D"http=
s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI=
rf6GFa-2BaqM7ONnvsnswouzUi1GvopgE-2FcR5RdoPaoPQR9E1Bc3p8zJUicH1l1FhKhA-3D-3=
DuM48_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRl=
HsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9q=
EdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2Bpghy=
WifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq4=
3hXz6uYaDMPP2UerOcJPkDWodUaXNxOxJ1K6Q6dKPm2CC73RiKTwOcgin4vzsxNpKYXNfM9Qq6u=
pHghUJvA2YllwZiguirPHKrXhD20qgE85WFtCq7KDAFRxTXWtnSXGAJ-2FfO1NvwYDQDei2zu-2=
B0ihIr1NBZm2qp6iHhegW9gXMM23dTYeRBjhhl3Iv7Up0AU8-2BgDe-2FIMoecOZRzY84PDp1s-=
2FnTESCMV5v99Ul63PDK3SjYCDCaCGxxb0YW67kWWabY6Tns5hsoShKR2CaVea84OcP-2BcSQCn=
TaMcgYAAqDux1l" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Sili=
con Badia</a> and a strategic investor.<br><br><b><a href=3D"https://url638=
0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba=
qM7ONnvsnswouzUi1GvopgE-2FcR5RdoPaoPQRxJR37oN1asJbvQFlseT6FA-3D-3DBuWF_Pr96=
6knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZS=
i0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82H=
cvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1a=
KZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDM=
PP2UerOcJPkDWoecz2Eshdn1mPrl9qzTuN1tJ3kBVxUQyrmzPAtvOrSgOR5IhMTw3DA2hjqfJXn=
9mwCKvp0VyyO9nT2-2FKNLZRU8OPj3UaLtLraKAPUzZNi37UTjgDBtd7uw9WuLaB4-2Fdaila4l=
Zxkyqpg8P7I8RX2jf6sew-2BIIYQH0o1nBo8dLtYvkL3snkgOvYhU6qyjyzula0wAYIZc6FS0zB=
9YQBus3-2By1XO-2BKSzAlf2LKsUTYscrlt6q7JRDzP42ssPs4sEshnnhfvJswVpAT1uKbZzsE3=
jl" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Giraffe360</a></=
b>, a London-based AI-powered real estate marketing startup, received a $10=
million Series B led by <a href=3D"https://url6380.news.pitchbook.com/uni/=
ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUi1GvopgE-2=
FcR5RdoPaoPQRpxKwB-2BRo0VW2dIbUxaHPog-3D-3DMLC2_Pr966knuaHmaw6c7pKvB-2BCEiD=
nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-=
2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJ=
L0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2=
BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWodEZ9iYNqv=
ApFHqaEJGBzbhmhswa-2FVpNZrILrZJTqPxDzYd6-2BqyFhuM3-2F5P22TzHVP5WMoO12mM9dCi=
ep5c-2FKHWdHJhNsYbAUjdGQWLaomf1GLFBZEBtcvE861VaTKSbDThhp4QbqgBU9rZGxfqyW0T5=
Tu2-2BNjTucQj3OYJylg59mQgHldxyFKDMOIsV1TQRvjVhGRwHeKE0f-2FNztI8Ro4RRmy3j-2B=
4qjtjkjgnpSOUA8E8VDBqC7hnBQbwzU09BWK2zVBGev9jALuhVfY8tu8mr" style=3D"color:=
#1D5080;" test=3D"" universal=3D"true">Cipio Partners</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 class=3D" " cellpadding=3D"0" cells=
pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20
">
<tbody>
<tr>
<td lang=3D"x-advertisement" style=3D"padding-bottom: =
20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht=
tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzUi1GvopgE-2FcR5RdoPaoPQRwlYuWr8GEZ6PXz10Kc5DHw-3D-3DC=
VRG_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHs=
XWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEd=
BqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWi=
fX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43h=
Xz6uYaDMPP2UerOcJPkDWodLbBBR7kNbOcPfmcSnO1NeyjCHx7b4QGsxb3CLxhqlza7sDIB9HBu=
O0HtywqwRRfwY4zqmHl7vJF0qVcRHibiaE1zwgwHiMLb4xqlEMgjnxlnZ63UX59vSG15ChLfrnZ=
Ju3SWOdl7aSQr7Tc-2FYVMcIZq8NKdPIa5oj-2BWEoZRGj158h2NjQrzc8ww7mavnmClJqaTBqG=
V-2B0AJW4S4t5Wmp5DYCbcoLnOm5HBBOx1JIxci4g8AU3olTv4DcRrTmd-2BKS2VzULDhkyXLjB=
6I2Lapx5"><img width=3D"460" src=3D"https://img.pitchbook.com/ads/ad4524/de=
loitteh4.png" alt=3D"Ads" style=3D"padding: 0px; margin: 0px; border: 0px; =
display: block; width: 100%; height: auto;"></a></td>
</tr>
</tbody>
</table></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-2BaqM7ONnvsnswouzUi1GvopgE-2FcR5RdoPaoPQRq8669JjRX-2BZq-2F8=
Dp3ayY6g-3D-3Dbk0k_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbM=
cVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2Fm=
F7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8=
ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBh=
HuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWodRLi-2F224exo0UsKBp9rZB3nREan0ygpq4NIe=
IYf76JyCPo4P5J9zmxhYdoGGwmGlL-2BWU589X-2FBLsnVjwD-2F77bjVrj6Cuf6YBmnzGxUawy=
ckY-2F79o77OnsVz7MMlXKgwWDJw8vlwsFa9DdND5agVJsDLRHJAKClhP97qIENQRE14iQBviD-=
2BLKgRPqutY-2Bc5AIESxvhEeQ4BlS0B-2FGNPnJEkWiyT5UloKvEx3p0-2BK7fc7MIQqZ5Hsv0=
KSt5GPiGYmyYRKFHmKJ6FNNcHPQsk96Fe" style=3D"color: #1D5080;" test=3D"" univ=
ersal=3D"true">KKR</a>, <a href=3D"https://url6380.news.pitchbook.com/uni/l=
s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUi1GvopgE-2F=
cR5RdoPaoPQRs236sCNt-2F1M3Fm-2F2022-2FOQ-3D-3D1rGe_Pr966knuaHmaw6c7pKvB-2BC=
EiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGS=
rz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWud=
GeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScW=
l-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofUe-2B=
j7udi4io6Jo52gWCsMctDopiTpqwttk7h61sw4XX51HxmkoCZ9ud1i7zcg8-2Fo3Bxl15fp-2Bq=
i16EHjns6yw3ctg5L3zeiiq2usdSVmnSxB3lvvdmXWYqFRIIwNSBjiRG06LtuYZYeKm2N0NYpEZ=
PgAJrsgqsrSgVE9WTC-2FnTyb8Aid9n7eGx0XUE-2BR-2F0SO8b1DTKEErmPc5oTYUD02-2FrNo=
-2FolJsc21gxeKbiI3wr9QSdTtwb0CEEF-2FdSEA8jKL1Uj8a5BuavG-2F-2BwMEnsO80" styl=
e=3D"color: #1D5080;" test=3D"" universal=3D"true">Ardian</a> and <a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXY7MiVZF0kRvAvTRMLkH41U0q-2BtGBpS8vMjKiwzzY=
NTA-3D-3DNbRl_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U=
YA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYM=
lTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVA=
C-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMb=
f6Hrzhq43hXz6uYaDMPP2UerOcJPkDWocEOKkdcjRac0HHmS63-2BGswp17RVSi5WZZwkdqrsjk=
eehVcszD0tRdCNrrJ1gsTXt0Kwwl0HA7fgesFNjpg9Qo7g95bZivztWvCheYg6bh8SzBOg59GnF=
QaNqOYueAjmPEw-2BewE6S3UW0MO1csVKR0ys1KAvH-2BDmh4DtRtcc78eLnjNxYF2Z7YUQ-2B-=
2BqiOtjd7KY9lWNQTfLt0YoWeBE0eEM6oREA-2BR8foDfx5zZtUnpkDktOBnO5HTGxiYXypaU7W=
C5wtkIha87vw8CAfktwzL4" style=3D"color: #1D5080;" test=3D"" universal=3D"tr=
ue">Global Infrastructure Partners</a> are among the bidders for a controll=
ing stake in <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?=
upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXY7MiVZF0kRvAvTRMLkH=
41UE3v1W4xDr8nTmNkiomtQw-3D-3DjWLW_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP=
-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oR=
Mg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlY=
sd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0m=
zUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoeXfBAfxLFG1Zf-2BU4Mqwp=
kTD48bKYu3DtYxhqMeoCUUtIpbpzKJJYC-2B-2F64zUtWDW0aY0AG9yO0VbjsEDKot9QBv5i88j=
0aPvH-2BFm3twXJbIXC-2BCe4749x5K-2FNjVpb0va6UHwyyYbnkUNcGiXv9m75vxxa-2FNhaSs=
8BrWXu54KiSbTsMFBZGSMJWUfvRrsQLuEhWo-2BD8RlrsRX2xDPASHPTE9f-2FOg2nNZRTPSGRQ=
hg2d8mB-2Fvx-2BKNlfgZNw2l7dLpU1gmBJdsJVLyoiJbHo3GAAGz" style=3D"color: #1D5=
080;" test=3D"" universal=3D"true">XpFibre</a></b>, a French broadband oper=
ator that could be valued at between =E2=82=AC6 billion and =E2=82=AC8 bill=
ion, the Financial Times reported.<br><br><a href=3D"https://url6380.news.p=
itchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvs=
nswouzXY7MiVZF0kRvAvTRMLkH411Pg2IZvEzWlb9GLzwbFokA-3D-3Dp8RS_Pr966knuaHmaw6=
c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-=
2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70f=
w2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2=
BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJP=
kDWocAweSKtM1C4ibwgwX752pOfvvS19kzisXFYUx0Z7-2BflI5zjSkXQsJl1rw-2F0TpyOpw66=
ct-2BIybKNMW3X1I2W9o3IXp-2Bd3bSuvQ8Wg4izOPK3l0BuaiYUsZzcOQSLZwzhbB6bMWyL9iO=
SPidAb-2BxbA0PPLNaNj3g6iNaJlUXld6lO-2FNx-2BGQ5ZITRirtaBeO9nT7IQmyL0zNqt1PXt=
sJjgwMWcn5ihF2fuBo-2BExV2j5gTiMqcMmDYmByLO1ieValH-2FjSdcBnm5U-2FCo6uNeqmeNt=
tV" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Blackstone</a> i=
nvested $250 million in <b><a href=3D"https://url6380.news.pitchbook.com/un=
i/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXY7MiVZF0=
kRvAvTRMLkH41lprBTS01TS31hhgqJzLjkQ-3D-3DgovM_Pr966knuaHmaw6c7pKvB-2BCEiDnj=
5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F=
5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0=
yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2Bj=
Bq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoc9kGTrl0y-2=
BIZ6ZRFWiQkm4AYZIU6vfniBreZ-2BU4u2Qlq066l-2BDBjUKXoyZlLnJooyMM7LBfo72gRp7kP=
rXFgCgKzQRdvfXXDJhCEaDZPL0965Va4CjiDQjsNJ5MHUuzqtdFY8QuyKFlc-2BlQuGiwOt70Fq=
NT7L8mPaeqKimTxPCa-2BZwQNKQQ6Q17B9KPRyJgs-2FHnSDOmBglMdxTAo9K2Y7S6GIomBPJ-2=
BRIEPjPgGnYWnvhBg7KOvBDq0LoOcYNZjpFHzLz9AlpPoNSQQ7QeGmnW" style=3D"color: #=
1D5080;" test=3D"" universal=3D"true">Advanced Digital Gaming Technology</a=
></b>, an Abu Dhabi-based payments and data intelligence company.<br><br><a=
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br=
X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXY7MiVZF0kRvAvTRMLkH412ecBiK7EhJ17e3Ds=
6Qbkhw-3D-3D6Ojh_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcV=
f8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7=
WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZI=
bVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHu=
NMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofG4NoHGGUgxkiWJGSFioQptKY8G5zVRFoJj7fPu8=
UwLg2assshJP8K5Ne7w7J0QBHHeJq-2FJd3tpS2ggSd4k2ULAXeAGxSWxYxn0o-2Fd0YR8DByRb=
t-2BKgFoQEa-2B0C08S2ON5rF7E3dWwy3A0ehttTdl2YKtVPEeppTnfJylhuN0XojdYOkDzDq1k=
-2FwGIvhRNJbs-2FxUhNREF2BJbvB8YsoZIuGqriToEeIDOGlQsT2bI23a81oZVL8vnUI48B5ni=
4wqDMIrnO-2FC1KeWs2jhq69-2FJx" style=3D"color: #1D5080;" test=3D"" universa=
l=3D"true">BGF</a> exited <b><a href=3D"https://url6380.news.pitchbook.com/=
uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXY7MiVZ=
F0kRvAvTRMLkH418YK9t5iXlF2rOUitgONPRw-3D-3D6vCv_Pr966knuaHmaw6c7pKvB-2BCEiD=
nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-=
2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJ=
L0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2=
BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoc7UpaXbTb=
MKGT-2F7CYsx3G5KCVAF0I3x-2BcMFuYBir2lXPGGR1HsRfMLV1AuU9a95CGGurN6h0r7MM4suW=
gvCjAfW-2BVWpBkSyRkNTk7Qbon-2BDgz80pRcvjort4XM8WW0aptSKu47jRb4SS34BK7uV1zxP=
2O5fWsuLJHN7ZjQOxV7-2FO-2FcyOFqFVbeP1bFAPiPNjK5d9yvmbfrGClBPhe74Iqu331ydl0-=
2FtqaKmm-2B-2B1adpKV-2BfoZLZNIwW6X2GFUUfaq1iNM0lb-2F4rcgBlPx6yurzT" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Metric Search</a></b>, a =
New York-based executive search firm, to <a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzXY7MiVZF0kRvAvTRMLkH41uK-2BhOpNBz4XPWt-2FF9npkrg-3D-3DMNgv_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJ=
Tp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL=
70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdq=
v-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerO=
cJPkDWofIuP6mNCfuyymTVeRSjKyOGoZ2rzHtseDCV-2BJTlUvLaGGeOLj6RE1ZKQaPh6SZO3ID=
UBAvXgpiYn8WD2-2F6EH40pEIRAd9ALv9SIlqClKglX-2FaORWRNehVXYl9-2FDtddlETF1hj-2=
BBTlFFbE2GvDvn3GezKGV9F6aCJmR9jndqx2DrEq1eZOGc5i-2F0ATYLIxAqoK5V3-2BUsMq6px=
OXC5VHuw-2FC4VATq-2B8QekbsgCULbQ9SU0B51UDUPtz5-2BezcG0OCScxbKSaGwMRtMgQtLJX=
gsm-2B7" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Southfield =
Capital</a> at a $100 million valuation.<br><br><a href=3D"https://url6380.=
news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM=
7ONnvsnswouzXY7MiVZF0kRvAvTRMLkH41dkc2fLBeEIhEbb98jcd7YA-3D-3DAXNc_Pr966knu=
aHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vM=
WmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3=
BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQ=
Adqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2U=
erOcJPkDWoeOr2GUfhO-2Bgg2DxnmFVpm4AyauI5ilMqPOpj1M1Mt3FTRyvVuKHyJMkccfM2Dmn=
uxusfmnW5PElALs-2Bm8Hb5dbYUfgoGmHrFXGVW0RAEvxzR5hPUFS1p9TEqfFpcuU4K5bqLDIvl=
N1NCSgpmUxtcSP-2B2ZXcEkXx02fj-2BrsLz9eCE7WOek1T6lmZO8Xpxir-2FxI-2B69gkDS-2B=
RRAAWyLguXAcPMOiOX-2Bu-2BO-2F0buxdE6LHhjbvzlAbZOoHmaCjPVnct-2B1Vb7hTTwzQC67=
GVwVdtL7ba" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Terminus=
Capital Partners</a> acquired <b><a href=3D"https://url6380.news.pitchbook=
.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXY=
7MiVZF0kRvAvTRMLkH41uawjcFvwVTaNb6SWuMuC3Q-3D-3DQoHQ_Pr966knuaHmaw6c7pKvB-2=
BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpA=
GSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBW=
udGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VS=
cWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoe7mP=
H-2FctN2sJtRIW9VkBC6-2FLE8U4mDxwoMbCebFvd2lQaXCJAiVgb2x13cXGHf-2Bb9OpEPAeEA=
VE4kRpv91-2FD8dIg2CSduV-2FE9-2FH6lDu2pNQM425AiLZ5O6j7kcZLrNxuCJPho9AfzCNeCp=
TirQ1LeGsFPMECsjTMhO002Nu3Rn4Muiq7rsDQl5-2FcXTY5niBwdBEKMqnGyIx3WTo-2FdwAuF=
xtF4O-2FA8dd77RB9XOY1InnHPeNTvBxYJfCzXuYZ7NYmy9TWVkOukTVwgDWAMyfPw5" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Andesa Services</a></b>, =
which offers insurance policy administration software.<br><br><a href=3D"ht=
tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS=
WIrf6GFa-2BaqM7ONnvsnswouzXY7MiVZF0kRvAvTRMLkH41kuc4LYZwY2fQSYNGOndbcw-3D-3=
DJ2J2_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRl=
HsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9q=
EdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2Bpghy=
WifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq4=
3hXz6uYaDMPP2UerOcJPkDWofYnfuWhO9HJKmkGm6V542dfQ4vjz-2B7fOqVi-2BJvqbz32UXIo=
sy9YRE5TthpSTTJaDG-2BXdPto5Eh-2BdAesO0XqNgyxarSN0yJERerxC99ReHEqg4iqQN9jElk=
AG-2FFowSSFxIvwBegE0s-2Fq66XpTfTHfGurcDpS5zMMr6To-2FKoharAfV0yg70yhjFRyAfBd=
ZFwkZjjH1S9ErJu9zhhH14WZ8Uf7cdezWrQUAOcOtkCIoR-2FpQwX11WcmNPPhir7pXFNz0HO-2=
F0h1RrjlP5pP9XS0jRC3" style=3D"color: #1D5080;" test=3D"" universal=3D"true=
">Avedon Capital Partners</a> agreed to buy <b><a href=3D"https://url6380.n=
ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7=
ONnvsnswouzX-2FENWVpjUXbLrPr72if0agXoJp1-2BSn8-2F2jdE75ynAL-2FQ-3D-3DUofz_P=
r966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlp=
kZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA=
82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2F=
U1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uY=
aDMPP2UerOcJPkDWoetHlotg2f7-2BecMc41mlgXbyMur3h4UA0dm8pyVGFe78g4Cxj1fPX2hlX=
Ezi2N0g5AUIZlATiBZuBLD7eyd28U3tFyRpY2zzhm-2Fl18M5ltaXea1I4bHDZLfsPXKW7woMRm=
Q1XqtHv6ZM4ftH0r-2BwfgEWj84Vcow-2BLEZq65k0GD42XF2WvdKMM7a5ZQBJ1zsoj-2BduWPt=
0Jgxln0aS5Hmk1PM88msQYl9sURHZMo3rDs6YP0qPOu5TJh1EqaQy6rBRkW4Coi6vHOljXSLhv6=
SSGN9" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Atlas NextWav=
e</a></b>, a Netherlands-based recruitment and staffing services provider f=
or the energy and marine sectors.</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">Beijin=
g-based AI chatbot developer <b><a href=3D"https://url6380.news.pitchbook.c=
om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2F=
ENWVpjUXbLrPr72if0agMfm-2BBFTUMTZ-2FTJzR9W5G0A-3D-3D8BlV_Pr966knuaHmaw6c7pK=
vB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6C=
XbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AA=
SxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9=
M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWo=
dWotS38K6i-2BVIDWCJhQKmmVm5fnQuru5CvqknHMAZWH4CSiNY61YPt9qyyquFtED9XLXjQgMy=
bltbaSO5n7DvtqpvFxC8Xg4I1M7DEqBz86K0NJ4deawYBOXj5B5UivKXqVFwTXLXtKT3o20IraF=
Z9mcF7NYBu4ofI2h6z5CO0Ewpc8M6ONvCShywsV6sYCOOdFyXZflHr2Gou00668V8fazXm4SFMQ=
HDH60M5XGbbrw5QjtLJ1ZwsMkyHOHRxLN3-2Bx0lwU9rzzuvW3fDaJzPA" style=3D"color: =
#1D5080;" test=3D"" universal=3D"true">Moonshot AI</a></b> is considering a=
Hong Kong IPO, Bloomberg reported.<br><br><a href=3D"https://url6380.news.=
pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv=
snswouzX-2FENWVpjUXbLrPr72if0ag9Y1DkmBrUD-2BeD9szUvekkg-3D-3DVHJ8_Pr966knua=
Hmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMW=
mJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3B=
XL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQA=
dqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2Ue=
rOcJPkDWofVXce5awH0QpY-2FkgQPh48IHYR8Fw0D9ffydpQclmLKiTLAm0nakOsh294YxMapXF=
VFbLvHPiyFi5u5oEmguPGOPik1fhqbaBBdGMBNV-2FjkApPdLXqEiQzhLLscVLC4zd5A8sxZznm=
r754xOn3xtJ1jATCTXv3CsnBJNkaVZQbsahsIdHYNz-2FxWViSKQ2CQ0WNIh9-2FS26WF4SWr03=
IJvr5Ao12qFNNBekAsHtakyfnf6XocjLYDS-2F2eHXhYwCnu3hYOMxENwMik5-2FL6wMe0Wq1y"=
style=3D"color: #1D5080;" test=3D"" universal=3D"true">Shield AI</a> is pl=
anning to acquire <a href=3D"https://url6380.news.pitchbook.com/uni/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2FENWVpjUXbLrPr7=
2if0agq6AHhnX-2Fnv6xW6A7gP5NFA-3D-3DEFco_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ=
YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRG=
n987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD=
3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2=
Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWocAPdAMsvKwX99ngF=
AmtHqSQ6-2BV3QFFXxCBaMaDKHYyAUXhNrEbEW-2BBnoqWAiq-2BKoO61txCVyQ8aXj8uCUtVzN=
R57rk8i0Ihl7QGV4IgXHb8lYVZmJsV8ZK2qGvadwl5AqDN3gBaSqEmxdE1y7izp5LNObneQuubW=
yKQjNUSOqF-2BRW1-2FfR3pvUVIQocG-2F30aphfAHy77u4yq-2FEx-2BWKerfz-2BVvhucW35t=
rJns1FsBYGjrsYd3jttww24JWR5lzQ2j7n6OtdJPaMgE6kOtjEF373p" style=3D"color: #1=
D5080;" test=3D"" universal=3D"true">Sagewind Capital</a>-backed <b><a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2FENWVpjUXbLrPr72if0agC6r6Jm0WlN470ZVS10v=
GDA-3D-3D4HRc_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U=
YA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYM=
lTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVA=
C-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMb=
f6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoc89CcJgHi-2F7JNQzQUENUrYuonPFUsfnXdF0C4wvGM=
kWFoZ-2Bi2uSARVLovBVenK7JX2-2BvpryzkFBDPHRbqnzRfO-2Bqom-2BJo7uJd0Z-2FdGcA1j=
m32NTbI5qsryW3y4d-2BaDaCBWP6nBcGFyFsMX5-2BzrKze2FmEO0AIp3Z-2F9bhhWdUMQ7AuSB=
2mNrlJHLFmDrYFLM4YFn6Am5eP26ub3cH3-2FxKhwUA1QorWobvj-2B90HlsDpjs6as3rbkMoTz=
-2BTQnQdd7meAjLxtKmF46bd5r3t-2BZFftH" style=3D"color: #1D5080;" test=3D"" u=
niversal=3D"true">Aechelon Technology</a></b>, which develops defense softw=
are.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2FENWVpjUXbLrPr72if0a=
g9qoJE0LmS7G47kgzoTuHxw-3D-3DjM_t_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-=
2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRM=
g3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYs=
d5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mz=
UvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofPW7ncvHcVfVC-2FUCtePjL=
8VSFyrk9xpAGDjpb7-2FUKHd34g-2F-2FlCOglUMYZsthSHm-2BMq7rkXSdj38I37pkSEYSlqnJ=
v-2FCPipk0Hdh3qdWZ5yapDdbhMhVz92JQrxayLMupHeFETF-2FRdb35eF3CHfxtqDhPczTNxHJ=
dIKtoKEpwXwyRNDQz67C7o12ffW0X-2FK8tg8S-2F9Sc5nS8ZeHQ0QK5ecMoAXv6R2CwGT9B0mA=
34hmU1kYPUL1yosntQOmO-2BeWQxD7RX9kuwY5Arlj9twS8dfa" style=3D"color: #1D5080=
;" test=3D"" universal=3D"true">Flex Capital</a>-backed <b><a href=3D"https=
://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr=
f6GFa-2BaqM7ONnvsnswouzX-2FENWVpjUXbLrPr72if0agMiM-2FmzrxhiDTZm1sbjbA0A-3D-=
3DK9i5_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR=
lHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9=
qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2Bpgh=
yWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq=
43hXz6uYaDMPP2UerOcJPkDWoeuwAj0FPpBkdDfVFT65gBhTSsmKkezNTil3YT9yrz3LJ-2B6En=
FxKlwHtLSllyDA97hOquPs14EvNFYWQSSGfH8B2oqxssFYTTdZesIPiaSPbWXSVL1GQSpE1-2BT=
VaGggVdnMFMZJuDqy4THbGRcEBZVrhh0x24Q7y4j6qzeBqVR-2B2CbhpYDabWp4FQCRebkzpYWZ=
oKtA6eiOaaC2QCBxXKZ52rgpfOMrxaWRMCzuLp3Q7OTm24Fug77xzajxD-2FYYiNH5evESWHpzV=
nMaxRB1k-2B59" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Memo<=
/a></b>, a provider of readership data from publishers, agreed to be acquir=
ed by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001=
.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2FENWVpjUXbLrPr72if0agxjXDb4=
C0vM-2BfvspQEHws-2BQ-3D-3DwLds_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BH=
R4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3u=
vFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5O=
omQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvl=
SFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoe8ngSLbf8ueQMqGkzGu7M4G8Mw=
fuGIB67NOtxV3h-2BCz9SYcj4RJAIdthQ9qc-2BsWhDLn8ATyAijZ0U0-2BsVnLjYzl056leQLn=
3mA1aMwBzml-2F02AAP5g7KZ9nKS9ePSfvwY9QIlsxJpSCturtOtRp0aqitQK57R4XvsOjc0e8q=
gouqcgrdjwpt1zpda-2FEVPVvE37OC1EdVVofLQnmcI1Q-2BROBBpa2vzXO0BGbCdi3jnKk-2FD=
vM7MyYi-2BeC2dJ0r-2Fu2rQkrreM5cd0PEzXHW-2B2NM4m" style=3D"color: #1D5080;" =
test=3D"" universal=3D"true">Signal AI</a>.<br><br><a href=3D"https://url63=
80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B=
aqM7ONnvsnswouzX-2FENWVpjUXbLrPr72if0ag7Sb5tQfcP5HFBMqCCsqTaQ-3D-3DAhdr_Pr9=
66knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZ=
Si0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82=
HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1=
aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaD=
MPP2UerOcJPkDWoczLN2wlXG4xU5Z5XWgSaPVS1LEhA47ajUrzSAjLttpFJBOQjlYGfNRv6vfRa=
GjOg1rUBhXv7hPZK0HM-2BFofPLHLXKQwAOcDExZ73slhSb4PRi5BZ-2BZkui-2Fn3isMkUUNbx=
8PWCneeRDIEkKVeTazMdr5p0GloWkrJAw3AColssuJZW7U3q0v2Nt1XX3gV06Jl66reD-2BMs-2=
Fs-2Fr-2Fqb4JmdP4s8SueMn-2FrqybYXBi-2FDSAAp3YrdnNaBAyJ5jNfDIvLwJMwEMRRFKsol=
JGku6T2pT90" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Norwest=
</a>-backed <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u=
pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX-2FENWVpjUXbLrPr72if=
0agCpsY4LgmVBl6r6P5NGjgIg-3D-3DYYgh_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQ=
P-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987o=
RMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3Atml=
Ysd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0=
mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWodkO09-2F9s6gBzlpA8R40=
Nb4zk1F8lXmiQQzULRdZfLX-2BkymBcJNsjUEmlvmSSWigAoVVL7CHVPw7R0hyafyvj13Fvv1I6=
2l6NY1sfLGP2ao-2F5fzg90vq8VDgij6OtyGZLa4Bs0CnfW4a8A4NoNzEpw7ByPvYoKvvn30XxJ=
pjYu0Rx9HybmRYB9-2Fc4m9FzyYtiC8N-2BTmDZXpKgcVphqhKIWo8dnhjYWIuCkkXUQZhVrptm=
FwptRYchICpU3SEBLuY4jCbuXoIT4J6pUNhGc1-2F-2BEo" style=3D"color: #1D5080;" t=
est=3D"" universal=3D"true">Babylist</a></b>, which offers a platform for b=
aby gift registries, is considering an IPO.<br><br><b><a href=3D"https://ur=
l6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa=
-2BaqM7ONnvsnswouzU1gh6PVHuZyg-2FKLIoigCDOKqw-2BLEowtlsaCZa-2BPcPnmQ-3D-3DT=
oQf_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHs=
XWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEd=
BqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWi=
fX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43h=
Xz6uYaDMPP2UerOcJPkDWodrzsg-2FgIFxmt4zOEW5aAeK0TJ38UTuyxuDDt3bdvV9ZAc0C3EvN=
DCMwJD3gbnutSjBPqGwyHtyPmAsLGnzQ3OGdm9aWmIzd6DTX8HdBjTs4eF06m02-2B78dIED3zr=
xiERIhH8vJk3EUMvLPmiOLg8LnhRdxDndv4eMbVxOqkCWabUJESdoAs6yLAwNtyGlHAUiYwhb9T=
T6kS32NyKuJ6h5ybE-2BrpgjU7RCcRlbuYsRI8UYrygMRxNS9nMUdteTGlOSHtNaaIofpdRltpp=
xzUQKL" style=3D"color: #1D5080;" test=3D"" universal=3D"true">First Centra=
l Group</a></b>, a UK-based car and home insurer, has appointed investment =
banks for a potential listing in London, Bloomberg reported.</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-2BaqM7ONnvsnswouzU1gh6PVHuZyg-2FKLIoigCDO9b9-2BTfj955uWR=
3YnHd-2BWSg-3D-3DWYJB_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43=
kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-=
2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8U=
eM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIP=
dBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWoe3U7WQb3V6EkGtoK3FNVrQ63FIWV1aZwjr0=
K61M569fOTYRq2JtQqUNJa44knaAgnRHw6cEWQ3KSDEca2gUKMburZyKo1nAjTza8-2Fh7QCRrV=
g-2B-2BCXX4Yk0U4cXTUwJEEPya-2FA4w9TN8xyiQAd2yvsag1PzAAUaBxOZN7XFk5EDeB8qpNK=
OzMxR-2FQgQYiWIteq4oT-2BVocIU8y-2Boz5VWjQtw-2Fi5RMxPM4tJlsx-2BFqcE5U5xbE3W4=
sYUTvEviYnNtM-2FnTXx-2F9vbR1QszxWb1jGQet" style=3D"color: #1D5080;" test=3D=
"" universal=3D"true">Forward Consumer Partners</a></b> closed its second P=
E fund on $500 million.</td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2"> </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-2BaqM7ONnvsnswouzU1gh6PVHuZyg-2FKLIoigCDOUZ0aBYz=
Vo7RPx6aX0EgK1g-3D-3DT5TV_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiyl=
YON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKS=
Cr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBm=
PBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOcJPkDWofvjparB27NdZBCFyPmLAEwDeULVC4HI=
c0isrqnyPp0T6wtzhzKUGxrG0hDpH4I-2BX4bNvc6TRCp-2BOnfLy0-2Fo5JC9ye-2FQIgJraQr=
6MX6Upr5pK3yY9rNrP9o6LlBA3oVeEBpsOToWNAQavuR6BfHHD3qaAR6xGRISRNs7z90z28W-2F=
sw-2Byg6q4EE-2BUN7HPz5AGIiSO4-2B38rqpiSBcI-2B-2FmhDLQxV1J1sNg0ph6pMHqrEqnlM=
YdL-2B4ExAORtlIkcesi1JvlGn95wLA2fvgFPoFSmMx-2F" universal=3D"true"> <img al=
ign=3D"center" alt=3D"" src=3D"https://img.pitchbook.com/news/73471.png" st=
yle=3D"border: none; 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>
<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">Given =
the current state of geopolitics, it is clear that electronics has emerged =
as a crucial layer within defense, allowing militaries to fly drones, shoot=
down missiles and perform many other operations.<br><br>
Source: <b><a href=3D"https://url6380.news.p=
itchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvs=
nswouzU1gh6PVHuZyg-2FKLIoigCDOhc36Ms1VEovJsw2MixQSLA-3D-3DBWRD_Pr966knuaHma=
w6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJT=
p-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiylYON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL7=
0fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKSCr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv=
-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBmPBIPdBhHuNMbf6Hrzhq43hXz6uYaDMPP2UerOc=
JPkDWodMgfM1QR8yx-2BNABQfRxO64J5dga5Ll-2Bdv9bz7rve7BEgLk1lNXHSaIGGli7qq-2Bw=
BqK-2Ffn2dc6SQ2nMMF2-2F3fIVl5vLIVrIBe0NHYj4CoUhWjBUVGkGXVGltTPwtchCRtPjHYLQ=
1Ek5jlZ14W7pMGUEXH71ci8zFcsNg8qiSLQEhMh7Kv6ZJzUWc-2FgdiA46gRW-2FkoXkVvB0ajr=
-2BSMvUihpFzALzug9FoS32sf6m4Aca5ibkQHN-2BDE5AUVkkkRmmzAKvE7Jf924pD0dlhVmubp=
V4" style=3D"color: #1D5080;" test=3D"" universal=3D"true">The Most Investa=
ble Corner of Defense? Electronics </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>
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<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-=
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enter"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4=
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U70QNFI6y8T-2FQ-3D-3DZ3iN_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVRlHsXWUlpkZSi0vMWmJTp-2F6CXbpAGSrz-2F5KMRGn987oRMg3uvFiyl=
YON-2FmF7WYMlTCr6W9qEdBqVdA82HcvZ3BXL70fw2AASxBWudGeJL0yiKGD3AtmlYsd5OomQKS=
Cr8UeM8ZIbVAC-2BpghyWifX-2FU1aKZyQAdqv-2BKk9M8VScWl-2BjBq1-2Brcr0mzUvlSFRBm=
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giPHT3sFyks-2Bn4Y5cZ-2FATMJE7XuueJWgz1vhT6RSkiy60U0WGzJ-2BP2cxsbwJDlp3O0-2B=
sXKX5ovUe4svu5sHPhFnD10iL3oCNPfHDFmsUK0zs9MLgRSbYab65gSY6S-2FoFYIO0yK1hF2NW=
Fi4u8Hz82BaUpBRrirwieEUKRAi3J3Df30YJxQsubZmOdYxTEEhI7ypwPevTYIhphwHxLWQfBEF=
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