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Arial; color: #000000; font-size: 16px; line-height: 1.5;" valign=3D"top">Ask inv= estors inside and outside Europe what is holding back the continent's VC ma= rket, and most, if not all, would say a lack of pension fund participation.= <br><br> Unlike other markets, such as the US, Europe= an VC has failed to bounce back. This year, deal activity is projected to l= and at its lowest level since 2016, while total deal value is unlikely to s= urpass last year's, even with a boost from AI. Despite recent signs of impr= ovement, the fundraising environment remains one of the harshest seen this = decade.<br><br> Geopolitical headaches, mostly tariff-relate= d, and slower economic growth in EU countries this year have affected the a= ppetite for VC. Yet the continued pullback in activity underscores a deeper= issue that Europe has been struggling with for a while: a funding gap that= can be traced to a lack of deep-pocketed institutional investors.<br><br> I'm Leah Hodgson, and this is The Weekend Pi= tch. You can reach me at <a href=3D"mailto:leah.hodgson@pitchbook.com" styl= e=3D"color: #1D5080;" test=3D"">leah.hodgson@pitchbook.com</a> or on X <a h= ref=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuyl= w7SpSWIrf6GFa-2BaqM7ONnvsnswouzXs4TpgTfksYiiC7eYbmI-2BYFuaVGDk0a8N1pGISmmfr= 5A-3D-3Di3-Q_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UY= A68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacBMmLppi-2FnFvlnTb36U-2BcQ2M8VO14D9NmNH= jJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pUo3EDo9YXlXewrSLPPZdd4lx3cN5mNtiV0HyTy= NhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AWDnl-2F0bsliulTDUhqPUWRoLxSgE78v7SiQKF= BVxCPjAE70B9SWbcHWDzr-2BBoUi8n5maTe7PP8MW8sj0fETtu15CkHH6OJCCl7VetsnE7Yn73F= oLZl4nurOSQJ8WQ6a-2F4qICHV7uhVrRbaFmH18jA927RWLH04pYrw3JQ-2FWlRIvaiSzzdkWGZ= f2sD9Af3d9mQVzmW7ttefxl9miMGSU5byq6BJY6xfpIAdpRD4xaDvORRrbWMcE4jVldTDctKFZ3= NvBmsJffmz16lz1kd-2F0xHPAvq9I2NOoaZuwIQ84YdTGoWhZii0z5wm1fSK-2BLw-3D" style= =3D"color: #1D5080;" test=3D"">@LeahFHodgson</a>.<br><br> "There's a chronic lack in Europe of the typ= es of LPs that you see in the US," said Kinga Stanislawska, founder of Euro= pean Women in VC and general partner of Experior VC. "Putting 1-2% of pensi= on money to work for venture would be transformational for Europe and the p= ension funds themselves."<br><br> Despite pension funds across Europe managing= over =E2=82=AC3 trillion (about $3.4 trillion) in assets, only around 0.12= % is invested in VC and growth, according to a new report published by Euro= pean Women in VC, Pensions for Purpose and Venture Connections. For their U= S-based counterparts, the allocation is around 10% for PE, including VC.</t= d> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"line-height: 1;= "> <table border=3D"0" cellpadding=3D"10" cellsp= acing=3D"0" style=3D"min-height: 60px; min-width: 100%; border-radius: 2px; background: #40C2C9; border: 2px solid #40C2C9;" width=3D"100%"> <tbody> <tr> <td style=3D"text-align: center; color: #051C= 38; min-width: 100%; padding: 16px 36px" width=3D"100%"><a class=3D"customB= uttonLink" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0= 01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXs4TpgTfksYiiC7eYbmI-2BYdvBw= vvsqHe0eQJKBrKaDMg-3D-3DuBfO_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4= BiQVI43kbMcVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacBMmLppi-2FnFvlnTb36U-2= BcQ2M8VO14D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pUo3EDo9YXlXewrSLPPZdd4= lx3cN5mNtiV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AWDnl-2F0bsliulTDUhqPUW= RoLxSgE78v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBoJNbDO7Cmx0-2FaInJ2r5-2FsPAJO7ci-2= Bp2gmA9GgCcx-2BRXcdk2T73KKfYw4w72AEzz7HYTheHAPt5sjn4MpDXnK448ulg21RhnoJTvrC= -2F7z5cj2o81HMqn7UM07Qs60xgomVQcQP017Q9RKZ0QXUsaVeAbSPVuNW-2BxBmKkYdGWjH3mh= -2F-2B7VDHjQP7yddv6-2BCC4CC3w9OP-2FSVndabDDUOhRP47qm-2FvGJJ-2Bd5LPZQDwS1mNV= sWD-2BSJcP0ckkvNTxX9H7K8-3D" style=3D"display: block; font-family: Whitney,= Arial; font-size: 16px; font-weight: 700; line-height: 24px; color: #051C38; text-decoration: none; text-align: cent= er; min-height: 24px;" target=3D"_blank" universal=3D"true">Read more </a><= /td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 10px; line-height: 10px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0;" colspan=3D"2"></td> </tr> </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> <table lang=3D"x-counts" cellpadding=3D"0" cellspacing=3D= "0" border=3D"0" width=3D"100%" style=3D"background-color: white; min-widt= h: 100%;"> <tbody> <tr> <td style=3D"width: 20px; min-width: 20px;"></td> <td style=3D"padding: 10px 0 5px; font-family: Whitney= , Arial; color: #78766F;"> <table lang=3D"x-counts-title" cellpadding=3D"0" cell= spacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: white;= min-width: 100%;"> <tbody> <tr> <td align=3D"center" style=3D"font-family: Whitney= , Arial; font-weight: 700; font-size: 18px; line-height: 27px;= color: #1D5080; padding: 10px 0 10px 0;">Since yesterday, the PitchBook Pl= atform 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: 32%= ; min-width: 32%; text-align: center; flo= at: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Kepler, Georgia; color: #051C38; font-si= ze: 24px; line-height: 32px; padding: 5px 0 5px 0;"> 6 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Whitney, Arial; color: #78766F; fo= nt-size: 14px; line-height: 22px; padding: 0px 0 10px 0; -webkit-text-size-= adjust: 100%;"> Deals </div></td> <td style=3D"display: inline-block; min-width:= 32%; width: 32%; text-align:= center; float: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Kepler, Georgia; color: #051C38; fon= t-size: 24px; line-height: 32px; padding: 5px 0 5px 0;"> 68 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Whitney, Arial; color: #78766F; fo= nt-size: 14px; line-height: 22px; padding: 0 0 10px 0; -webkit-text-size-ad= just: 100%;"> People </div></td> <td style=3D"display: inline-block; width: 32%= ; min-width: 32%; text-al= ign: center; float: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Kepler, Georgia; color: #051C38; fon= t-size: 24px; line-height: 32px; padding: 5px 0 5px 0;"> 26 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Whitney, Arial; color: #78766F; fon= t-size: 14px; line-height: 22px; padding: 0px 0 10px 0; -webkit-text-size-a= djust: 100%;"> Companies </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: 5px; line-height: 5px;"><= /td> </tr> <tr> <td align=3D"center"> <table cellpadding=3D"0" cellspacing=3D"0" bo= rder=3D"0" style=3D"line-height: 1; border-radius: 2px; background: #FF= FFFF; border: 2px solid #051C38; min-height: 60px"> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter; padding: 16px 32px"><a href=3D"https://url6380.news.pitchbook.com/ls/c= lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXs4TpgTfksYiiC7= eYbmI-2BYTwe9dIixIz5lNYXTuq1JIg-3D-3DcZzH_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uwl= JYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacBMmLppi-2= FnFvlnTb36U-2BcQ2M8VO14D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pUo3EDo9YX= lXewrSLPPZdd4lx3cN5mNtiV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AWDnl-2F0b= sliulTDUhqPUWRoLxSgE78v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBrNFf-2FXI26iDqm0as3Qx= r5seLgCXTTunAN2MTDEGyb5-2F-2FhXawVCJXhhrvbP58iE-2BK7U87gvEnlCXtoiZ2-2BmbpWi= 3Ea0aajTzJpQjnsOQFizrfQWX3qOtqbaySsGwzN5TRJClgw4MkDWfTPDiHHtHJ5oCs-2BFCUgui= MboLNP6kczz7BJ54KnrSYe-2FoelMjDtxw8xB1y5WI6Uap3Wkfa43QWAmIRLgMzNilJuJmBWixh= apSSW4IYHAuyYGHn7M0rqNW0k-3D" target=3D"_blank" style=3D"display: block; fo= nt-family: Whitney, Arial; font-weight: 700; font-si= ze: 16px; height: 24px; line-height: 24px; color: #051C38; text-decoration:= none;"> See what our data software can do </a></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;"= ></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> <td style=3D"width: 20px; min-width: 20px;"></td> </tr> </tbody> </table></td> </tr> <tr> <td height=3D"20" style=3D"line-height: 20px;"> </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: 15px 0 0 20px; fo= nt-family: Whitney, Arial; text-transform: uppercase; letter-spacing: 1.5px= ; color: #051C38; font-weight: bold; font-size: 18px; lin= e-height: 27px; text-align: left;"><span>A message from Arcesium</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: Whitney= , Arial; 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 25px 20px;"> <a na= me=3D"n_573504" id=3D"n_573504" 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: #051C38; font-family: Kepler, Georgia; font-weight= : 700; font-size: 24px; line-height: 32px;"> Why data quality matters, and = how private markets can enhance it </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px;"> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 1= 7px; font-family: Whitney, Arial; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" lang=3D"x-image" style=3D" font-family: Whitney, Arial; font-size: 10px; line-height: 22px; color: #7= 8766F;"> <tbody> <tr> <td align=3D"right"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" style=3D"font-family: Whitney, Arial; float: non= e; padding-left: 15px; "> <tbody> <tr> <td align=3D"right" style=3D"text-align: righ= t"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXs4TpgTfksYiiC7eYbmI-2BYV6WPJq0eoVLjD= kKe0G5F4Q-3D-3DuOnP_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kb= McVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacBMmLppi-2FnFvlnTb36U-2BcQ2M8VO1= 4D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pUo3EDo9YXlXewrSLPPZdd4lx3cN5mNt= iV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AWDnl-2F0bsliulTDUhqPUWRoLxSgE78= v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBrgoKqTUVkyLWgn72pw-2FeAfGPqVniadga9dKEMoVR8= 1wM5IYvqruTgAumyYFJA7ENxQO-2FKmpPO9Qv-2B809tO88h0Bbo4Y8Yb43lV-2Fj9YVroHdACm= 6RkKaKTV0zMUE8Ll3L1z3emfVgHaKCXIGQdOkMcOUrO4Zv3yi-2BDAPu4F8tFhkjMjWVbmVF-2F= ATvTpj-2Flk-2Fja2r1v1VLJU0QkZFtqCVvgfCNuZXTQ2CuxgbwjBLRrrn978X6Cqb04-2BDYSL= fz4hNQQ-3D"> <img align=3D"center" alt=3D"" src=3D"https://img.pitchbook.co= m/news/70747.PNG" style=3D"border: none; max-width: 420px;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table>As private markets continue to grow i= n scale, complexity, and investor scrutiny, so does the volume of data. Dis= cover the vital role that data quality plays in credibility with investors = and how it can help firms capitalize on opportunities faster with this guid= e from the financial data platform experts at Arcesium. Start leveraging da= ta as a strategic differentiator by learning Arcesium=E2=80=99s five pillar= s of data management, helpful tools, and more.<br><br><a href=3D"https://ur= l6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzXs4TpgTfksYiiC7eYbmI-2BYV6WPJq0eoVLjDkKe0G5F4Q-3D-3Dyfz9_Pr96= 6knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRnrb9yBZwgHp= IHLENtiEQubYpyFnrWacBMmLppi-2FnFvlnTb36U-2BcQ2M8VO14D9NmNHjJufdJtFjfmdh7TDL= zolAqVxGxfFlWAHk9Y6pUo3EDo9YXlXewrSLPPZdd4lx3cN5mNtiV0HyTyNhAXMCMCynhSwpDmI= ZM7-2B3tns8jJaQex57AWDnl-2F0bsliulTDUhqPUWRoLxSgE78v7SiQKFBVxCPjAE70B9SWbcH= WDzr-2BBq2yxAGWD-2BBdOY3X1O5fh3ah1mTllaUuOcY9nhKVbgQn0E3TXZiFxboMMCpYMB28Bd= 1Dz6j9J27ZiMOLCXf1oEje0BHY9kW25F68oi6QWLbONOrstFzmcsXDEwftf5ToRdDLrYxjWTgsT= e-2BvsF6zoCSvClW4syzhrKg3S4FVRgrRqS8y-2BxjQLp20Ynfvf7kpJ7rDnRe6NQjqzOUIp-2F= TjFybR2XuhT7OFk3WDuoXfYmVdb5Ki7RvNp2Cmn50TXM5gKw-3D" style=3D"color: #1D508= 0; font-family: Whitney, Arial;" test=3D"">Read the guide</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: Whitney= , Arial; 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: 10px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;"><br> <center> <b> <h2>Trivia</h2></b> </center><br></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" style=3D" font-family: Whitney, Arial; font-size: 14px; line-height: 22px; color: #7= 8766F;"> <tbody> <tr> <td align=3D"center"> <table cellpadding=3D"0" cellspacing=3D"0" bo= rder=3D"0" align=3D"center" style=3D"font-family: Whitney, Arial; float: no= ne; "> <tbody> <tr> <td style=3D"padding-bottom: 12px; text-align= : center" align=3D"center"><a href=3D"https://url6380.news.pitchbook.com/un= i/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEWtiPv1S= hqQhR8wRcK4-2Fl1rScQyCfGlnSpccoqN51yA-3D-3DFhUY_Pr966knuaHmaw6c7pKvB-2BCEiD= nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacBMm= Lppi-2FnFvlnTb36U-2BcQ2M8VO14D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pUo3= EDo9YXlXewrSLPPZdd4lx3cN5mNtiV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AWDn= l-2F0bsliulTDUhqPUWRoLxSgE78v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBopOXF974B2GE9T3= kR-2FICzfOstNeLNhnkqTZ0imXygAa0aPEZPyu7rFf9nn8MOKhs5CZ3c-2FXkGP5Fa3ahRn-2FR= uWg2TOx47gnheOj2z-2B7b2FaWj-2B4ZmA6E4spgP-2Fj8Bs0ZutUfEkgekU4i-2F8pNBtbmOVi= TWqHmt7Bc8pvO2ZoLtLzZwSaDTMY6QkGDzwz9sHktzboOSl5axHZYijeJocKfqoYYyDpwT1R1Hq= 4QXJkQCc3HXLfmjzB05oq5kE5eZxKIk-3D" universal=3D"true"> <img src=3D"https:= //img.pitchbook.com/news/70765.jpg" align=3D"center" alt=3D"" style=3D"bord= er: none; max-width: 420px;"> </a></td> </tr> <tr> <td align=3D"center" style=3D"text-align: cen= ter; font-size: 14px; line-height: 22px; padding-bottom: 12px; color: #7876= 6F; font-family: Whitney, Arial;">(Mike Kemp/Getty Images)</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: 10px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;">Sovereign wealth funds= are ratcheting up their investments in generative AI with 2025 breaking re= cords. According to PitchBook data, across 59 deals how much deal value hav= e sovereign wealth funds generated within the AI space?<br><br> A) $27 billion<br> B) $59.7 billion <br> C) $43 billion <br> D) $34.3 billion<br><br> Find your answer at the bottom of The Weeken= d Pitch!</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0;" colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding: 0;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 2px= solid #F8F5EF; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px;"> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 1= 0px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;" valign=3D"top"> =20 <center> <h2><b>Can Discord's next level<br> win over investors?</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-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" style=3D" font-family: Whitney, Arial; font-size: 14px; line-height: 22px; color: #7= 8766F;"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"font-family: Whitney, Arial; float: no= ne; "> <tbody> <tr> <td align=3D"center" style=3D"padding-bottom:= 12px; text-align: center"><a href=3D"https://url6380.news.pitchbook.com/un= i/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEWtiPv1S= hqQhR8wRcK4-2FlLlQYdt4rB2jTY-2Fez5IewqQ-3D-3D-7aI_Pr966knuaHmaw6c7pKvB-2BCE= iDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacB= MmLppi-2FnFvlnTb36U-2BcQ2M8VO14D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pU= o3EDo9YXlXewrSLPPZdd4lx3cN5mNtiV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AW= Dnl-2F0bsliulTDUhqPUWRoLxSgE78v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBrviB7E78eqHfp= 7S9jZKxgqDSRP599QXocEWFWnhSSQwlzQ0ANTLAin1iFse-2B6Fhkt6Gley-2FkXsvfMpYXdCVA= 7DfFvIwo1sD2H0job8ySv-2BN8mWCzzfX7mWIjJrnkB7fGfhKCiinFkibU-2Bgo0eTzdk0dngao= bbOw9puvUCtA8HGLDdEHGAV9f5UOUFLVVrlgAde3nc5WrDmpxshaAi-2BfTLBy2OeBnDZPOn8KE= hyYYOdjLgFcZJIrxwWk49hVshwrk4-3D" universal=3D"true"> <img align=3D"center"= alt=3D"" src=3D"https://img.pitchbook.com/news/70809.png" style=3D"border:= none; max-width: 420px;"> </a></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: 1= 0px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;" valign=3D"top">Discord= is gearing up for what could be one of the most significant IPOs in the ga= ming and social communication space since Roblox went public in 2021. With = more than 200 million monthly active users spending almost 2 billion hours = on the platform each month, Discord has become the go-to hub for gamers and= online communities worldwide.<br><br> But there are challenges on the road ahead, = according to our <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click= ?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEWtiPv1ShqQhR8wRcK= 4-2FlLlQYdt4rB2jTY-2Fez5IewqQ-3D-3DTWfH_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJY= L0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacBMmLppi-2Fn= FvlnTb36U-2BcQ2M8VO14D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pUo3EDo9YXlX= ewrSLPPZdd4lx3cN5mNtiV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AWDnl-2F0bsl= iulTDUhqPUWRoLxSgE78v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBqQkdFEy7WHtCsY2JM5O-2Fx= AknYteZCpxNci7Dzsv4h4GzDrowNI88EhpycO8tXyCSLmiYQxGJvO0X6mCXfRLssXtNrvBrLpFq= g335cZtBj9KrB1Aw4k50pbti3zEsdFyML8EZE5ujZYX-2BuEFvC6WUEzdKObawTsVMFlzTGrInP= a7tA5fTowKCe9nf-2FLSfzVgwzjJrCWn9swgmavIBaRWsk3P7tlr7SKwQ6ysTLFBI4ZVnf10BMc= aybvpjVb50OlrYQ-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">= <b>latest analyst note</b></a>. While secondary market valuations have cool= ed from 2021 highs, Discord's IPO will test whether investors believe the c= ompany's expansion into advertising, apps and digital commerce can match it= s cultural influence and community engagement.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"line-height: 1;= "> <table border=3D"0" cellpadding=3D"10" cellsp= acing=3D"0" style=3D"min-height: 60px; min-width: 100%; border-radius: 2px; background: #E88F36; border: 2px solid #E88F36;" width=3D"100%"> <tbody> <tr> <td style=3D"text-align: center; color: #051C= 38; min-width: 100%; padding: 16px 36px" width=3D"100%"><a class=3D"customB= uttonLink" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0= 01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEWtiPv1ShqQhR8wRcK4-2FlLlQY= dt4rB2jTY-2Fez5IewqQ-3D-3DS0Cy_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BH= R4BiQVI43kbMcVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacBMmLppi-2FnFvlnTb36U= -2BcQ2M8VO14D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pUo3EDo9YXlXewrSLPPZd= d4lx3cN5mNtiV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AWDnl-2F0bsliulTDUhqP= UWRoLxSgE78v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBp5galYqm7bTNDU4u3qhPgZjNGcq6OSVH= BElPR1mRDD2Sd182tx50kHQe2wk-2B7EzYC-2FCi55aKKxn-2F1mKNgLlzjhfd516jY0YEKrJTc= GuMCamF3d-2FuvM37DTqQ-2BiyEg07WIHPhDwf0UTFPZK-2FPCP9O2qemPw1Mpd99wy2r-2BasX= ssh-2BW5rpR0eqnWool4mYPicxokTYs4ZnwpjiVW1KLe515sc6WHE1VL735AjhJX9rfiyNR8Hrq= 0sY0rWLSxJSWrlLc-3D" style=3D"display: block; font-family: Whitney, Arial; = font-size: 16px; font-weight: 700; line-height: 24px; color: #051C38; text-decoration: none; text-align: cent= er; min-height: 24px;" target=3D"_blank" universal=3D"true">Read more about= Discord's prospects </a></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 10px; line-height: 10px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0;" colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding: 0;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 2px= solid #F8F5EF; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px;"> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 1= 0px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;" valign=3D"top"> =20 <center> <h2><b>Europe's PE deals<br> pick up pace in Q3</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-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" style=3D" font-family: Whitney, Arial; font-size: 14px; line-height: 22px; color: #7= 8766F;"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"font-family: Whitney, Arial; float: no= ne; "> <tbody> <tr> <td align=3D"center" style=3D"padding-bottom:= 12px; text-align: center"><a href=3D"https://url6380.news.pitchbook.com/un= i/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEWtiPv1S= hqQhR8wRcK4-2FlNQ8O6i2DYUNoIQ2K9g-2Bb1A-3D-3D19Dl_Pr966knuaHmaw6c7pKvB-2BCE= iDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacB= MmLppi-2FnFvlnTb36U-2BcQ2M8VO14D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pU= o3EDo9YXlXewrSLPPZdd4lx3cN5mNtiV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AW= Dnl-2F0bsliulTDUhqPUWRoLxSgE78v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBpyG9L5zqwkRMs= fKiEOMKjePQcErG8iZwtU9umL9uWFcGe7uP5DMmZwFml2bkeEf7fjDqX87b1L8kQqljLOB0zKpC= 6g1BtSTgTWrTvYm6GHj82FqIviwQ2jM1WlwjQCwZf-2Bgsgsv7QKptVdWPWhLQWpTsy2dpPqqm4= r2v9-2B0N7Ci3twAV4Qx-2FIokIT-2B4fnOCjyw6-2BMFvhMSiIKz7iikj5moJgyQCgEdkrLtNL= 3UUdEUH9Av9dEbmjlgYStaqcWJ7bY-3D" universal=3D"true"> <img align=3D"center"= alt=3D"" src=3D"https://img.pitchbook.com/news/70811.png" style=3D"border:= none; max-width: 420px;"> </a></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: 1= 0px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;" valign=3D"top">Europea= n PE dealmaking accelerated in Q3, with mega-deals and US sponsors driving = the continent's growing role as a global hub for the strategy.<br><br> Exit activity also rebounded=E2=80=94with ma= jor continuation vehicle transactions and middle-market deals providing muc= h-needed liquidity as LPs push for distributions, according to our latest <= a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEWtiPv1ShqQhR8wRcK4-2FlNQ8O6i2DYUNoI= Q2K9g-2Bb1A-3D-3DwHKs_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43= kbMcVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacBMmLppi-2FnFvlnTb36U-2BcQ2M8V= O14D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pUo3EDo9YXlXewrSLPPZdd4lx3cN5m= NtiV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AWDnl-2F0bsliulTDUhqPUWRoLxSgE= 78v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBqMCXpyyJyhKkzcMBDjKAgcyW23rnE8Bl0fahGBkmr= xS4XFtx3V98IsS3yAlv4FwVTJtWMw2B43fbiK3VFjostVJTRQtNRFTiBWRvJaTDrPJ1fmsbLzum= zgdS5d3CWxTjLYloqvsI43QsWVFxhvpeaMdsmZyrebuGI3PnULssgdZzz9n-2B-2BywCkUaCve-= 2B3PQdIms5cSNW7GcZkhZTu1zsD0stbJuhhymVnY9FtXAB-2B77BIK-2BFluCqBR60iFpw7QTre= k-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>European PE= Breakdown</b></a>, sponsored by Grant Thornton Stax.<br><br> Fundraising remains tough at the top end, wi= th mega-funds under pressure. But the middle market is thriving=E2=80=94par= ticularly in the UK, which has cemented its status as Europe's fundraising = hub.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"line-height: 1;= "> <table border=3D"0" cellpadding=3D"10" cellsp= acing=3D"0" style=3D"min-height: 60px; min-width: 100%; border-radius: 2px; background: #40C2C9; border: 2px solid #40C2C9;" width=3D"100%"> <tbody> <tr> <td style=3D"text-align: center; color: #051C= 38; min-width: 100%; padding: 16px 36px" width=3D"100%"><a class=3D"customB= uttonLink" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0= 01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEWtiPv1ShqQhR8wRcK4-2FlNQ8O= 6i2DYUNoIQ2K9g-2Bb1A-3D-3DV1ch_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BH= R4BiQVI43kbMcVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacBMmLppi-2FnFvlnTb36U= -2BcQ2M8VO14D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pUo3EDo9YXlXewrSLPPZd= d4lx3cN5mNtiV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AWDnl-2F0bsliulTDUhqP= UWRoLxSgE78v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBqfImmzkqdcMc1bHfdYT1vIYcEIGbjjEl= 4Gcz4AG524QoW0WZ79nxxhXtEpxDum-2Fy4yR-2FSitLp3nYd2cP4v-2F7XXZh3o190UcFnVTM7= hNSkVBIFIHXdn0OwCw3-2FQ8HYErN1fCFt3aWoEdL5Gl9ylbuwFHjfpEXRaOGN9aFzZW8k78EBG= qiP5LShiumfmlfN5Dpm5FgCH3XWMXXvKDa9BhGvr4vXfO2PgLi07OC11NSnOHSfvRXNnqMC0xSu= ghwpS-2FUU-3D" style=3D"display: block; font-family: Whitney, Arial; font-s= ize: 16px; font-weight: 700; line-height: 24px; color: #051C38; text-decoration: none; text-align: cent= er; min-height: 24px;" target=3D"_blank" universal=3D"true">Read our in-dep= th analysis </a></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 10px; line-height: 10px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0;" colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding: 0;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 2px= solid #F8F5EF; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px;"> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 1= 0px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;" valign=3D"top"> =20 <center> <h2><b>Quote/Unquote</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 1= 0px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;" valign=3D"top">=E2=80= =9CWhile luck influences outcomes, you can=E2=80=99t build a repeatable str= ategy around it.=E2=80=9D<br><br> =E2=80=94Shamin Walsh, managing director at = BAM Ventures, on one of the reasons why, according to PitchBook data, top V= C fund managers don=E2=80=99t yield as much alpha as LPs expect. Rosie Brad= bury=E2=80=99s <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u= pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEWtiPv1ShqQhR8wRcK4-= 2Fleo4II3B2SjEzrfVKHDoZ5g-3D-3DLugK_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQ= P-2BHR4BiQVI43kbMcVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacBMmLppi-2FnFvln= Tb36U-2BcQ2M8VO14D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pUo3EDo9YXlXewrS= LPPZdd4lx3cN5mNtiV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AWDnl-2F0bsliulT= DUhqPUWRoLxSgE78v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBoHXzJWOKTYSvl4K-2B-2FJqutXY= 1oLlKZmIHd45SNAu5AQFE7CLJyL4sqBZfOxHKB1FNlzNc5Q-2Fyq7ZHw2aAGR8aUgO2H1tTNRLZ= 5KGsnPulXsLip-2BXdrJTMvS0I9lQpKr2NndS6X-2BQ8Ya8IRQSk-2F8vQDr-2Blo6-2FBOQQI1= o4hlu3VriQovEKm9Un9F9rrI4YmKZ6s8112WArj14Iaq7N6lBZfSy1H7khdBRmb2giUbDGRTDSo= 5lhKhb20HUzIgM0PHeYtU-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"= true">reporting explores the latest research</a> on the GP selection strate= gy and why it isn=E2=80=99t all it's cracked up to be. .</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0;" colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding: 0;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 2px= solid #F8F5EF; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px;"> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 1= 0px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;" valign=3D"top"> =20 <center> <h2><b>Stay tuned</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 1= 0px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;" valign=3D"top">Keep an= eye out for these insights and research reports coming out this week:=20 <ul> <li>Q3 2025 PitchBook-NVCA Venture Monitor</l= i> <li>Analyst Note: The Medtech VC Paradox</li> <li>Analyst Note: Impact of AI on Supply Chai= n Tech</li> <li>Q3 2025 US PE Breakdown</li> </ul></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0;" colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding: 0;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 2px= solid #F8F5EF; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></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: 10px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;"><br> <center> <b> <h2>Trivia</h2></b> </center><br></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-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: 10px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;">Answer: B <br><br> State-backed funds have participated in 59 d= eals worth $59.7 billion. Total deal value now exceeds twice the record set= in 2024. You can read more about what=E2=80=99s driving sovereign wealth f= und investment by reading Leah Hodgson=E2=80=99s <a test style=3D"color: #1= D5080;" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEWtiPv1ShqQhR8wRcK4-2FlsysN5-2= FJts62SHZU6UR-2BGYQ-3D-3D1CCj_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR= 4BiQVI43kbMcVf8UYA68NVRnrb9yBZwgHpIHLENtiEQubYpyFnrWacBMmLppi-2FnFvlnTb36U-= 2BcQ2M8VO14D9NmNHjJufdJtFjfmdh7TDLzolAqVxGxfFlWAHk9Y6pUo3EDo9YXlXewrSLPPZdd= 4lx3cN5mNtiV0HyTyNhAXMCMCynhSwpDmIZM7-2B3tns8jJaQex57AWDnl-2F0bsliulTDUhqPU= WRoLxSgE78v7SiQKFBVxCPjAE70B9SWbcHWDzr-2BBq1Jt8DxG9zCKQhpH4yIHGGAVpcdYkNA4v= -2BCR8Xm9SkfuE3TB6MIsQ4ZagnISjSZT8pPvNnEJyCLR6uZRvHneRle-2Bh87bpqRsWtTtovck= YU1rhKiiNkq8zcle8owYSs7oLdkf5s9u-2Fm6SG0vLoWDycTFr-2B7hfL5ZFJRIih7MqIMiLIOP= qC025U1S1oyZOl13u3oH4HUCwwAnHncw6puImDlfDDm6YE3gnNml9cLbg2Yij3mG7AeGZ1HNmu9= cKC3srs-3D" universal=3D"true">analysis</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> <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: 0;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 2px= solid #F8F5EF; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px;"> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 1= 0px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;" valign=3D"top"> =20 <center> <h2><b>Sign up for our newsletter</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 1= 0px; font-family: Whitney, Arial; color: #000000; font-size: 16px; line-height: 1.5;" valign=3D"top"><br> This edition of The Weekend Pitch was writte= n by Leah Hodgson and Jacob Robbins. It was edited by Andrew Woodman and Mi= chael Bruning.<br><br><em>Were you forwarded The Weekend Pitch? 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