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height=3D"1" border=3D"0" style=3D= "height:1px !important;width:1px !important;border-width:0 !important;margi= n-top:0 !important;margin-bottom:0 !important;margin-right:0 !important;mar= gin-left:0 !important;padding-top:0 !important;padding-bottom:0 !important;= padding-right:0 !important;padding-left:0 !important;"/><img width=3D"141" = height=3D"39" src=3D"https://fonts.pitchbook.com/newsletter/pitchbook_morni= ngstar_logo.png" alt=3D"PitchBook"> </a></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto Serif, Ge= orgia, serif; font-size: 44px; font-weight: 500"><span>The Daily Pitch</spa= n></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 24px; font-weight: 300; padding-top: 9px;"><span>VC, = PE and M&A</span></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 14px; padding-top: 11px; padding-bottom: 38px"><span>= Your edge on global private capital 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<tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=E2=98= =80=EF=B8=8F <b>Welcome to the new Daily Pitch</b>. We've reimagined our ne= wsletter to give you more of what matters most: deep analysis of big events= , fresh insights from our research and a curated look at what's moving the = private markets. <a href=3D"mailto:pbnewsteam@pitchbook.com" style=3D"color= : #1D5080;" test=3D"">Tell us what you think</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-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i><b>= <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4= Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWiU-2BOI-2FIuQQxRRl-2B2X3mR3VwCZvuik34bV= O-2FdbjLs3nw-3D-3D4_ym_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbc= bdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhN= zREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fM= gl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCyc= pW3cZ3i4w5RE7epNjpnekOwu2szxUHWKtUCX51DaQHiOOxKc4iKfSbnbxpkQX9q7TG9no6kVAf1= FQRCslXLCJbFgQS3GvvBEPi5qH989XiWl34sXfuTeGWM0eZkyQOSg76IbW5L5XTcMqkPPMtddax= hoxUqyFUXtWqruWxU8IuQqcLj-2BK5cdBaoUcz-2BqM3TBxZxXCICLJx0GJmHTx-2B8AdIaMfGa= TKCYRHYofVVDW3-2F-2FeTmgbOlLcHzV-2B23RESisRDYqT9mdBveuldG2S9RUzXyYebcN2om5M= -3D" style=3D"color: #1D5080;" test=3D"">Sign up for Capital Pool</a></b> t= o get weekly commentary on what's driving LP decision-making.</i></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_573716" id=3D"n_573716" 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;"> PE says hello again to IPOs </= span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>By = Madeline Shi and Janelle Bradley, PitchBook News</i><br><br> Private equity firms have steered more of th= eir exit-ready assets to the public markets this year, underpinning a much-= anticipated rebound in exits for this industry. The jury is out, however, o= n whether we are seeing a sustained recovery in the market for PE-backed li= stings on US exchanges.<br><br> In the first three quarters of the year, 20 = US-based companies under private-equity ownership priced IPOs in the US=E2= =80=94already surpassing last year's tally. These offerings carried a combi= ned pre-money valuation of $103.9 billion=E2=80=94already 135% higher than = the full-year total for 2024.<br> </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 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-2BaqM7ONnvsnswouzWiU-2BOI-2FIuQQxRRl-2B2X3mR3k9j= DkcRzt8-2FL3cO-2FL4uyLg-3D-3DH9FQ_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmz= y-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1F= JzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5Gv= B4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNb= RQp7X6vQCycpW3cZ3i4w5bp5v3AWHbzQklajJ0KLXmTCeTqBrLkG-2Bw-2BkKdXUAo9udbcD2lu= eh7Haxs-2BuPQ0LYTEbbylN3PjFr3nXQ18Aqot0MZ8D-2BLSbRC3vr7ZlHxjTi-2Fx-2BHCr7uf= BzB-2B0nPgmJ37nXLqSwHZbzfxj6QtqHZ-2Bpna01ZYZ6WUWpEyUsitRqhaXr5KN0YJMXgVBkTX= 4cLhvIwe8QrnYBo3vPHB-2BOddTYkW4YzPzkCaLw0iPrS9dEGn2v9QuHmRJdQ7YlcmFkAtxWYjH= Tik91-2BnacOT85I7Y0-3D" universal=3D"true"> <img align=3D"center" alt=3D"" = src=3D"https://img.pitchbook.com/news/70900.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></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><br><b= r> That said, the volume of IPO exits has fluct= uated from month to month. The third quarter saw a noticeable uptick in lis= tings, as easing inflation fears, a September stock market rally and the Tr= ump administration's push for deregulation created favorable conditions for= several well-received debuts.<br><br> Another notable trend is stronger post-IPO p= erformance for recent PE listings. About 59% of PE-backed companies that we= nt public on major US exchanges this year have traded above their offering = prices, according to PitchBook data through Oct. 10.<br><br> Leading the pack is Karman Space & Defen= se, a California-based defense and space systems maker backed by Texas-base= d PE firm Trive Capital. The company's stock has tripled since its February= debut on the New York Stock Exchange, which raised $506 million.<br><br> Despite the improved momentum in the IPO mar= ket, advisers suggested that PE firms remain cautious as they pursue exits = on the public markets. Recent uncertainty, brought about by the US governme= nt shutdown and renewed tariff flare-ups between the US and China, presents= near-term risks to companies seeking to price offerings.</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"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzWiU-2BOI-2FIuQQxRRl-2B2X3mR3k9jDkcRzt8-2FL3cO-2FL4u= yLg-3D-3Dzox9_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa= 0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ih= p0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0= DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w= 5YtgMRBmyF3pxcPu8Diy-2BPwwK9fncswVa2h2S3zSzHiL872QI-2FxBjU1mhRgb2rfBr44pboq= 5ZEFj2sdkqAySsu9JaiiYlr97v2rl5EXeit5Nxq4XD0Bulk2vmfwPq8O78O05B46NpIdBW8Kr9H= 6zix126Y50GxcRqGHVIeB3TXNZqp-2Ffgnrk3IhdPSrKpXE3M3x0WXHXAqAyd-2B1P-2BxIwUOa= 1FdYTzW3c1hYTHYNygeiaztZiQ8RboXH1zcLoaM9LVWElwMSOL7aKXXEj1MBHvLA-3D" style= =3D"font-family: Roboto, Arial, sans-serif; font-size: 18px; text-decoratio= n: none; color: black; padding-left: 3px" target=3D"_blank" universal=3D"tr= ue">Read the full story<img height=3D"24" src=3D"https://fonts.pitchbook.co= m/newsletter/arrow-right.png" style=3D"vertical-align: middle; margin-left:= 8px;" width=3D"24"> </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 style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWiU-2BOI-2FIuQ= QxRRl-2B2X3mR3U6WsfqfeX6pxXurEYDaG-2FQ-3D-3D9mLg_I3w5d9c01gkD8gLzFEofZR-2Bh= 6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QK= EpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINb= FHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8= eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5cug8JZbA3IOkRkAYbU1g81wjlVEwxWoU7evie-2= FGavZB-2FR7ATkFA5-2Bm40d0aQ-2FwzphDCh5ENd0jAOHO7beCTApk47neuWRvdhkrYvxGhgM-= 2FdPo6RVn7cG58n3ePmD8fgNUmhPB01vOS0KMlCnwrUnFAOElYVdua91TbLJmtbhWXbd1BOIXd6= swlWQZHYYmFl-2F6KzMJm80YsKGC6FZHSg-2FmGiaGxslhmHDXw7M9OlEujo1EUyBfwjvClByRg= HzGQvD2KcXM23luBy-2BLajwA6OnU4-3D" style=3D"color: #1D5080;" test=3D"" univ= ersal=3D"true">Q3 US PE Breakdown</a></b></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; 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min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"right"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" style=3D"float: none; padding-left: 15px; "> <tbody> <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-2BaqM7ONnvsnswouzWiU-2BOI-2FIuQQxRRl-2B2X3mR3PuPqz6QUt= 9D68OxlPn-2FeXA-3D-3DbYxo_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTAp= VhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF= 9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQ= CycpW3cZ3i4w5cXXcgVPZHjBZtdZL9GlAEeLtbN-2F3oETCmXoudxh-2B042s4d4ZeBPShiaSYR= RZbT-2BBeQn3xicCQvnneCZdao04O1k9HRVnAcKQWwdSTyZLHgG-2BZW3qbmHGhfd-2BubSdw-2= Fg1GYg8SJBoApUm8zFijMYQU9uA8pLdaPyt3CP3lv5qeGxDnpSXRAjyZbJr8QXFbnHHxfxE9RNp= BEchRnrqLmZamjyOwsYS-2B6UcW4fRjOM-2B6mTu3RsYcYVM6aD2gG80QqL-2BjJr5sn0-2BN6y= ZVwk1-2FlrH1E-3D"> <img align=3D"center" alt=3D"" src=3D"https://img.pitchb= ook.com/news/70748.png" style=3D"border: none; max-width: 420px;"> </a></t= d> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table>The 8-week <a href=3D"https://url6380= .news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ON= nvsnswouzWiU-2BOI-2FIuQQxRRl-2B2X3mR3PuPqz6QUt9D68OxlPn-2FeXA-3D-3DFO3y_I3w= 5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIs= rqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcY= CrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9= lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5VCEP7wI4va5ZCXB4= mqBZ1Z-2B1aPpEyiQG4sQK8vEp-2BOuYc-2B7YOwXzvBC2SGn2WbmqQAh2o3fszkWhzik9nz4TL= eR1dMDLiSLlu-2B7HtdIzZCqd-2BR8ZFk7dYwspPYYKMu7Bey4YSW0VrMaC6hdcZSgi1pz9MsRt= aaqbVBCyNhlcbrIGNTtHWkI1j4V4U6-2FN7BDIbjXVjRKxvWKZelgnQv5e1qcnK0HYUz8yM1ubk= hSQH5HWJjUOrlQ-2FSSOOrmuKVM5T3sJfNGhX1dQHUlnQAGOToA-3D" style=3D"color: #1D= 5080;" test=3D"">AI for Business & Finance Certificate Program</a> from= Columbia Business School Exec Ed + Wall Street Prep is built for non-techn= ical roles and helps you cut through buzzwords, apply practical AI use case= s to your work, and lead adoption in your org.=20 <ul> <li>Learn directly from leaders driving AI at= BlackRock, OpenAI, and Morgan Stanley</li> <li>Apply AI tools through case studies and w= orkflow automation</li> <li>Get step-by-step guidance from Columbia B= usiness School Exec Ed faculty (no coding experience required)</li> </ul><a href=3D"https://url6380.news.pitchboo= k.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWiU-2= BOI-2FIuQQxRRl-2B2X3mR3PuPqz6QUt9D68OxlPn-2FeXA-3D-3DZeaf_I3w5d9c01gkD8gLzF= EofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2B= AZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVO= uptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDm= MiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5WIaiXlQrekbUbkT2SzWL9BUIV3cbsv= STjlbnpJnJTrtd6SFu-2BBUaQAXMAJJasI81-2Fi-2Fn7oDyWHHOYG6JEEBxAWOTYjQn0-2B8j8= 9FZggNlmjn9tmgrgW5FQohWNCXh05tD53ZylkxRNwl5ssjzzr6g6689uSxOPZl-2BM2SsMDBFkU= 96LIinZSlH3YEvaNPRtP9ika-2F1Et-2BLXWL8UN2xeeRZReyHKmEEu9VQAMbMy1ovgA3e8O-2F= cP3WN9yEyabaGWVWLf14DV-2FfNio-2BOdDmnscabVs-3D" style=3D"color: #1D5080;" t= est=3D"">Enroll by November 10</a> and earn your Columbia Exec Ed Certifica= te.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Catch Up Quick</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=E2=80= =A2 <b>VC funding for the medtech industry is on the road to recovery.</b> = But while growth-stage companies are experiencing a surge toward 2020-2021 = highs, early-stage specialists are feeling the squeeze. <a href=3D"https://= url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G= Fa-2BaqM7ONnvsnswouzWiU-2BOI-2FIuQQxRRl-2B2X3mR3XZuS-2BxX0Bu8ByU8ycFbDSw-3D= -3DMs9y_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs= FzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8e= O3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF= 3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5WIaiX= lQrekbUbkT2SzWL9CxlG9IlR6kmT6ADeTmNXPBF1HFRYOOknLZ-2Fg-2Fio-2Bn50yIVeqmOmqw= 03RDaQZaxiUEj1vUSaWWmG-2Bt-2B8cANZrhmZZHiiTo03pMmjvVxZlEDJ7KIN9nHKYIzkqgnSo= oQ6zbny2e-2FC82SWqidx32dWlknSBL6ro50sTRUV-2Ffs-2FrKTJ5lN6d0riihd6OPxnYqJsi5= ByihV9qluFl61d3rLvoiAoHrmhQf-2B1A-2FQwLe78i-2F3mWhrH04ipeb6SA4CHdWLfZI-3D" = style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Access the expert= analysis</b></a><br><br> =E2=80=A2 <b>Lone Star Funds' $3.8 billion t= ake-private deal with Hillenbrand</b> adds to a growing wave of larger PE p= acts as financing conditions ease. The deal also reflects sustained investo= r interest in manufacturing specialists. The stakes are high. <b><a href=3D= "https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzWiU-2BOI-2FIuQQxRRl-2B2X3mR3D-2BLD-2BwaiXgrMFt= i1YB7ZoA-3D-3DE-Wr_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWe= UgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREs= wm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8H= Prcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3c= Z3i4w5WIaiXlQrekbUbkT2SzWL9DhrgJM0XOAmU-2Ff9qf4qGSNWyTG53nTt2n14dcU1hB4rWBo= itj-2Bw-2F0dXEIefW-2FwY9p53jJcVO0DYvmnCk8dirHuN2uskhnTnZ-2BHXStaM-2BYZovor2= YYPnlIc3Y02zsDsuc4U7eEMHz3kD1sc8427WMfR-2FKvDAiyUiTk-2FJEjFY3BHsjRSts4nBdIC= 9tfKMIIny4hwT1zcD1dkATuRtGGUc2hDB3F82SFMzTXattyAk80cSynqSxk0rqDtLKX-2F6bpr1= 1Q-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Dive deeper</= a></b><br><br> =E2=80=A2 <b>Cancer-focused life sciences st= artup Tubulis has raised a =E2=82=AC308 million ($361 million) Series C</b>= , marking Europe's largest such deal. Although Q1 recorded its highest deal= value to date, 2025 has since been lackluster for European life sciences. = <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73= BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXh8VCDX8wbc2pE6msoFfH1PuvRfvyLqLeiUO= i4u4Ybjw-3D-3D4AaQ_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWe= UgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREs= wm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8H= Prcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3c= Z3i4w5WIaiXlQrekbUbkT2SzWL9BMOC3-2FwQUGvKpmczVEM4eBG3coML-2BPDvMnIlchhWxaXG= FqrYInxeTz7N1-2FotNZh-2BJp2ooyXGCOYhZDR6xNecoJfuD4IvyfXukhPm60SiOXV4piUiKx7= dvC3geSvfwAnQqJME3Yfo5U49lxfM0UZE8yPZDd0CbsTBmIoxQe8lrtN6l-2BOoaEChGM49VSg4= hOXOQPXt6K92XLuskfWOciSaIClS2T9qUPDOLTYGG-2BX704UeUAxGNC1jQlUD-2Bu-2FohtTpE= -3D" style=3D"color: #1D5080;" test=3D"" 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_573722" id=3D"n_573722" 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;"> VC secondaries continue to gro= w, but GP-led deals are lagging </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>By = Michael Bodley, Senior VC Reporter</i><br><br> Annual GP-led VC secondaries have reached ar= ound $14.6 billion and are projected to grow by $1.5 billion in the next tw= o years, according to a new PitchBook analyst note. Direct secondaries, mea= nwhile, are hovering around $60 billion in annual transactions, up from $50= billion last year.<br><br> "The biggest takeaway is that the GP-led sec= ondaries market has grown in recent years because of the exits stalemate=E2= =80=94but because the market has inherent limitations, both on the buyer si= de and the seller side, its growth is limited to a small universe of potent= ial venture firms that can spin out continuation funds and strip sales," sa= id Emily Zheng, a senior VC research analyst at PitchBook.<br><br> Much of the activity in the US venture secon= daries market has revolved around direct deals. They're cheaper and require= less due diligence from the buyer, whereas so-called strip portfolio sales= have proven to be a tougher sell.<br><br> Still, portfolios that include stakes in som= e of the top AI startups are likely to garner better interest.<br> </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 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-2BaqM7ONnvsnswouzXh8VCDX8wbc2pE6msoFfH1pL8lnAb5E= mljz8xN9waj2A-3D-3DVI1S_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb= cbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVh= NzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9f= Mgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCy= cpW3cZ3i4w5WIaiXlQrekbUbkT2SzWL9CuWr3r3hp11Mzz1-2F1pibU1aHS6CMGINm9WeE0jvCP= kWn3DZ-2FNZ6tC-2BQB3ySLrM-2Bqti9JONB0i146hmOnA-2FPg42TAkT2sgNw8hwiX-2FxYmS-= 2F4V6vVPP96UypmOxbQyYJdet-2Fa0G3t5L0azcg7AClrAopgddJzqZo4Lt3XGxbvIaVE6IRTBC= snNGOwhENP7sMgGGyrjKBLrkfytrunTIhKc9azTudSPH0nAydOi1YD2J5hxLht-2Bctx3xgAy81= kmTbWJU-3D" universal=3D"true"> <img align=3D"center" alt=3D"" src=3D"https= ://img.pitchbook.com/news/70902.png" style=3D"border: none; max-width: 420p= x;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><br><b= r> While continuation vehicles have driven much= of the growth in GP-led transactions, they remain a nascent market, accord= ing to John Wuestling, a partner at StepStone Group.<br><br> Buyers often need to raise at least $500 mil= lion for a continuation vehicle in order to absorb later-stage deals, accor= ding to Zheng. That=E2=80=99s a sizable chunk for one vehicle, even among t= he larger VCs. And there=E2=80=99s a limited universe of investment firms t= hat check that box.<br><br> As for a venture fund=E2=80=99s original LPs= , it becomes a choice between immediate liquidity and potentially bigger re= turns=E2=80=94someday.<br><br> =E2=80=9CYou=E2=80=99re trading upside for d= uration,=E2=80=9D Wuestling said.</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"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzXh8VCDX8wbc2pE6msoFfH1pL8lnAb5Emljz8xN9waj2A-3D-3DV= Oa1_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJ= dGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ= 3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8N= oGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5WIaiXlQre= kbUbkT2SzWL9AT7uCiodqg32l-2Fn5gT5negeSGupvxqzxU-2BmyszbtnJOLM-2F0BbBYprwu0K= 3IIA1rWdtoP0PHYEShtTII0fq36yBKllsHw3FF13li4r8hlqiBIAVc8BZANMOAJVDB-2BiPTzyF= wfGav0Uyr3oKCz1SlHoznWZj3e8cSdCkruSMI0xJ57f1E-2FBvtX-2B9pQKl5H7MCPi92nWG68o= zbRubnzATfGEE0sajZEgrbVv341u9QODo1wazws06-2BwLEd861Kwe7wRQ-3D" style=3D"fon= t-family: Roboto, Arial, sans-serif; font-size: 18px; text-decoration: none= ; color: black; padding-left: 3px" target=3D"_blank" universal=3D"true">Rea= d Emily Zheng's analyst note<img height=3D"24" src=3D"https://fonts.pitchbo= ok.com/newsletter/arrow-right.png" style=3D"vertical-align: middle; margin-= left: 8px;" width=3D"24"> </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 style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXh8VCDX8wbc2pE= 6msoFfH1unZr-2BN6HWO3VNWagxK97tg-3D-3DtlQ8_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarH= kxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBk= GZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQU= FuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08= ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5WIaiXlQrekbUbkT2SzWL9D31qhrOC443kD5Nv3UzLFbEL= sQl7rqjIHmlH5onQ4jhQfX1vBjiH4LiXhmx30fyJMTf3idv0e8EWtT7rcnYauuSRGqwuWzw-2Br= EdU-2BLrSe5NHCPhjAu406WuDv6KEEZOxvr60qQhE-2FVRMD0Hkhd7hH-2BkLpJd2F-2BXzv-2F= D7aKZRkzbOAV35gpQ2YdD6Azf8PG64zu1JiEKrA6q7gQVB0jqkuykzlFNrFgK209hNpU1qvkZ4s= cfW2biJgbMDzjhecuQ4I-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"t= rue">US VC Secondary Market Watch</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 today.</i><br><br> =E2=80=A2 <b>A former IMF chief economist sa= ys a market crash could wipe out trillions in wealth</b> because the world = is too dependent on US stocks. [<a href=3D"https://url6380.news.pitchbook.c= om/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXh8VCDX8= wbc2pE6msoFfH15T4RMzrin56LNoopxfwMfg-3D-3Df3O0_I3w5d9c01gkD8gLzFEofZR-2Bh6V= warHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEp= LSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFH= tRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN= 3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5WIaiXlQrekbUbkT2SzWL9Cbl3x9qJ7Rv5qEygDTbA= xBtv5bze9cEN0ZAb-2BH-2FVceYV2hX6dje8odZHct4aN4r5HpvxgGsBDVUjjp0L8W5iKiWcUNM= 2UmdhCpTtVdnu6yxvLlo-2Be7TdPk1INr0hlFbDNVt88Gt5zWlp7-2BQukSgD9yGHNZp97NANo1= oM8Q26LIDrwo9iJvKnOKXK-2Bawmh3f8pLwB7Z91TqIC0Q-2F7u19adYJpNpWEqUNdxSD4C-2FH= qPLwo9Z-2B1821f2DKnk90w5YO5E-3D" style=3D"color: #1D5080;" test=3D"">The Ec= onomist</a>]<br><br> =E2=80=A2 <b>Tech's shoeless era? Spa slippe= rs and comfy socks</b> are now office attire in Silicon Valley, where fewer= and fewer boundaries separate work life from home. [<a href=3D"https://url= 6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq= M7ONnvsnswouzXh8VCDX8wbc2pE6msoFfH1tUtxJEC9RXFL8aGN3zjmdw-3D-3Dxwgz_I3w5d9c= 01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQ= IJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm= 6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag= 8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5WIaiXlQrekbUbkT2SzWL= 9Dc5sGrRyZ3-2B6BWDro52QIXDSK7qKDOKusNzSt2eRUFWpX9GX4p1N8RGEUVqZPIpXqoIwNxjb= qCjxWHG-2FSKnEonAVunnF1Uz8WbSk0sYQGiZY-2Bv3NEKTLmO9RHMN8TU1Ij22VlyNiKoMM6Ew= zjqXqZAmStWegDMmuDJqy7F-2Bc3s9-2BJZ7diZsIJrM6PWlQ4oqgYOOJEoAViYk0kyFdp0c1em= FNgxrXmOf4KTbEpjvfR1xarlFx5-2Fsx1xE3K94HMYRAI-3D" style=3D"color: #1D5080;"= test=3D"">The San Francisco Standard</a>]<br><br> =E2=80=A2 <b>Take that, Adele: How Taylor Sw= ift rewrote the modern rules for selling records</b> with 38 versions of he= r latest release, "The Life of a Showgirl." [<a href=3D"https://url6380.new= s.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn= swouzXh8VCDX8wbc2pE6msoFfH1Dvpzo41UuvrON2YhoJecZA-3D-3DTjwd_I3w5d9c01gkD8gL= zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-= 2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJ= VOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYB= DmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5WIaiXlQrekbUbkT2SzWL9AaL8vHW= IRHSfH64MTHAbfIUMPdpltXW4BDg-2FsrGv1q9Z9hJUTa4aY66cM1aQxPB1R7kkjrQtI3JbPWil= -2BDtlBuBadMjmAr1n9quQKPE1RtzknGoLV7HRBdKu0JIPV1BJw3z4tqairLONAlpwt5Nf6rx2g= rjup6IkCogU-2BMYt-2FNiJVT7CZvZVr7HyeBiMdnAGUPDfASCG-2BK2q-2F9EbwIaeEbcRks3U= 8SH-2Bt5CdufDot9BTeggzMz3jz2OCNBfhsbOw4-3D" style=3D"color: #1D5080;" test= =3D"">The Wall Street Journal</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-2BaqM7ONnvsnswouzXh8VCDX8wbc2pE6msoFfH1klpuM20rc-2FZvcWwdBXEwVA-3D-3DW= mxK_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJ= dGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ= 3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8N= oGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5VRlI6uRIo= 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Roboto,= Arial, sans-serif; font-weight: 700; font-size: 14px; line-height: 27px;= color: white; padding: 26px 57.2px 37.3px 57.2px; white-space: nowrap;">Si= nce yesterday, the PitchBook Platform added:</td> </tr> <tr> <td> <table lang=3D"x-counts-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%; t= able-layout: fixed;"> <tbody> <tr> <td style=3D"display: inline-block; width: 24%= ; min-width: 24%; text-align: center; flo= at: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 709 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> Deals </div></td> <td style=3D"display: inline-block; min-width:= 24%; width: 24%; text-align:= center; float: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 2702 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> People </div></td> <td style=3D"display: inline-block; width: 24%= ; min-width: 24%; text-al= ign: center; float: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 929 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> Companies </div></td> <td style=3D"display: inline-block; width: 23%= ; min-width: 23%; text-al= ign: center; float: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 32 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> Funds </div></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-counts-btn" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"height: 25px; line-height: 25px;"= ></td> </tr> <tr> <td align=3D"center" style=3D"padding: 0 133px= 13.3px 133px;"><!--[if mso]> <v:roundrect xmlns:v=3D"urn= :schemas-microsoft-com:vml" xmlns:w=3D"urn= :schemas-microsoft-com:office:word" href=3D"https://pitchbook.com/products/= platform" style=3D"heigh= t:43px;v-text-anchor:middle;width:148px;" arcsize=3D"50%= " strokecolor=3D= "#F79B3E" fillcolor=3D"#= F79B3E"> <w:anchorlock/> <center style=3D"color:= #000000; font-fami= ly:Roboto, Arial, sans-serif; font-size= :12px;"> Request a free tria= l </center> </v:roundrect> <![endif]--> <a href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzXh8VCDX8wbc2pE6msoFfH1hv6xOG270IsoEOdaiTmAZg-3D-3DLmO= t_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdG= g7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-= 2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoG= T8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5VRlI6uRIos2= RUiso3xB-2FikTYZGSuzsQaj0j-2BDOsy0eDSbR6XMsrJqF0Euh6fyRuxeP1WCDVB3MypcrVJMU= QHoOOUvW6VY0ecBjAdpKqnEpcrmspd5wqTiVgIFHQodPLs7ZKiyyzCzUZlhTHbS47ul21hpjnCi= 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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_573729" id=3D"n_573729" 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: 2016 Vint= age Global Funds-of-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: 80.98060344827587%; mi= n-width: 80.98060344827587%; max-width: 80.98060344827587%; background-colo= r: #1D5080;"> <tbody> <tr> <td align=3D"right" style=3D"padding: 0 4px 0= 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,= sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">15.03%</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 Hurdle Rate</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">18.56%</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;"> 0.69x </div> <div style=3D"font-family: Roboto, Arial, san= s-serif; color: #000000; font-size: 16px; font-weight: 24px; padding: 0 0 3= 0px 0; float: none;"> Median DPI </div></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-performers" style=3D"min-width: 100%;" width=3D"100%"> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" class=3D"performer-title" lang=3D"x-performer-title" style=3D"co= lor: #000000; min-width: 100%;" width=3D"100%"> <tbody> <tr> <td height=3D"22" style=3D"padding: 0 10px 0 = 5px; line-height: 24px; font-size: 14px; font-weight: 700; font-family: Roboto, Arial, sans-serif;" width=3D"80%">Select top performe= rs</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" class=3D"performer-content" lang=3D"x-performer-content" style= =3D"min-width: 100%; font-size: 14px; line-height: 24px; color: #1D5080;" w= idth=3D"100%"> <tbody> <tr> <td height=3D"22" style=3D"padding: 15px 10px= 0 5px;" valign=3D"middle" width=3D"80%"><a href=3D"https://url6380.news.pi= tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn= swouzXh8VCDX8wbc2pE6msoFfH1seiTbwlwHwUGtxFkaMzsGA-3D-3D9PQ7_I3w5d9c01gkD8gL= zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-= 2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJ= VOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYB= DmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5VRlI6uRIos2RUiso3xB-2FimXTnF= 21dwuT9s4ELo0VltFLqo1L0H4kO8ZubzRUSnLeUcrLxlTX4sgsyPrzPCuuapZ2hjUMyOGou8-2F= u3xDj0bSCtDunZ5x5Mb-2FeO-2BQILsXNLPRXX1Gs-2FHnR6PSZIyLWYY4PJY-2BorL1wvAOb-2= BxCSiEWYUWMg9LUoLeVD9-2FQ7yTkBfxEjTG7KerI-2FD0L6EeiRYADeu2LeUYdbSh2juHcEe5f= lpfudCgNRf-2FL9YOZpI9jrirEIKr-2BrZHW6Ggqsdsofy8-3D" style=3D"font-size: 14p= x; line-height: 24px; color: #1D5080;" universal=3D"true">Spectra Investmen= ts 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= swouzXh8VCDX8wbc2pE6msoFfH1LfMeGnq9PDIJ1xA7aQ2ljw-3D-3DxNr6_I3w5d9c01gkD8gL= zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-= 2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJ= VOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYB= DmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5VRlI6uRIos2RUiso3xB-2Fin-2Bs= x1hGx-2Fz9SlfZar2bz2vIboTo-2Fj8xnpHpcojs6OBuA-2BtiXL5hCUhYMcUpYKVHf6LmeMaCB= WzN1beuqRID7uOv5-2B9Oa-2BTSxzmQJLE5zdoYM1h7jIDeEbbslvyZiqxszV9jQDwU2cvyD2-2= BVhKz5Kd4-2Bc9ytVL3duqZY0JonXPgAlsxs48lP7-2FJUD8sutQepSioJ5YrkUTWWDP7IOb5VT= yrsLKJNHLWcRIxt8UIoulmCnIx8ywrnrYYeyidyDHk25U-3D" style=3D"font-size: 14px;= line-height: 24px; color: #1D5080;" universal=3D"true">Ironsides Partnersh= ip Fund IV </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= swouzXNCbdqBnV7NKFFJkaXsOppnUs6xD015ltBbCznPfShFA-3D-3De34a_I3w5d9c01gkD8gL= zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-= 2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJ= VOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYB= DmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5VRlI6uRIos2RUiso3xB-2Fim6pFI= GaS6hheh-2F19I3RXPk3hosneks49R-2Fi8ctfpKxOLogTw60ZNhc0hL9-2FLjRUBT84W5fwYT8= TJLCpqydZSTzuSBNWv4CT5C-2BukHgMb6AinEEP0uZcSm9b2QzPg4FSrEhVUK6atgRxVpInxm5v= DZh8V8dgd9jZ-2FyJVckNro-2F8WxaO704wQzehS29rgYnYtBSCKsQIfhg8XYeXRniQYM6VKgMW= 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</table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>VC Deals</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXNCbdqBnV7NKFFJkaXsOpp-2BjwMN1mnXwLOsVn= qtMOpuw-3D-3DYD0T_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeU= gFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREsw= 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ik-2BfoDdYCgMlQhWqHXHAsb6H2gtGU-2BwwY8NS5hSHVRifFh6MMvh2E07yAKHU-2BXlUMw4p4= fygvJPPsVfdlgkyN6q8kKUo2oN6WKq4hkUVUyYd6fig1yfKJoX-2Bw3N2WZreRyLg0hcAIkxAEx= ZuMBDMT6FQLqjhcWaAqnbWZzkjXSS1GEXL4opjVXKRTQDXxwH1eQwt-2BVhe5DvWNFb-2Fy55R-= 2BKW-2FuIJdsW1nAoR8w2zlZSJwab0lRn9-2F2pR6YAW2f85zSU-3D" style=3D"color: #1D= 5080;" test=3D"" universal=3D"true">GV</a>.<br><br> Ecommerce payments company <b><a href=3D"htt= ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW= Irf6GFa-2BaqM7ONnvsnswouzXNCbdqBnV7NKFFJkaXsOppE2VAZ5A5Mz-2FEy1A8Y9kxXw-3D-= 3DvlTP_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF= zqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO= 3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3= e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5RKyYt2= 3qndLkarXciqQS84bN2lggcc61bksNldWmzGzFMnlS79-2Bqp0NmwMSMu-2FdN1fYIMLjP1zqmp= VFN5d0DPNRedzltZ8g5DRTae-2FiApDE21EIm91-2BmGTmI5OTzX0U-2ByCRbyw1beLWbP0OQ9H= BSo-2FQTyyobYSVH9c4xZ3uvYNhKm6lLEXAb7cl-2BXw50Sv-2FaNmadJFoiw14NI-2F7rTEAt-= 2BoT7rMtlJd6kTEIvw2n1MJH6su7Fdl-2Bx1xpSMaUTxrnjp8a5BH1qsbUff3IH0EklPg-3D" s= tyle=3D"color: #1D5080;" test=3D"" universal=3D"true">Basis Theory</a></b> = secured a $33 million Series B led by <a href=3D"https://url6380.news.pitch= book.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswo= uzXNCbdqBnV7NKFFJkaXsOpp5-2BXtttAWCUceyQL9pTQOQA-3D-3Dcyb0_I3w5d9c01gkD8gLz= FEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2= BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJV= OuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBD= mMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5RKyYt23qndLkarXciqQS87LK2BFi0= PKQJ2-2B2O3NIEfcKPO7VGofGHmGxxM1jPfRqPL6EXXS8dmQEtFAS2CjvAWyExmicIaB7Lslx6S= RSRgIZ-2FSIiafE-2BgRtUKxnLw1ahoMLQYk2VuE7Jc0jtY5jHv-2FTq-2BSuviiKChmzrsRMPz= 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5080;" test=3D"" universal=3D"true">Prisma Photonics</a></b>, an Israel-bas= ed optical fiber sensing specialist, raised a $30 million round led by <a h= ref=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4= Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXNCbdqBnV7NKFFJkaXsOppHt-2FLEnh2pCuuHZ89= 6CI8-2Bg-3D-3DrLBr_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWe= UgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREs= wm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8H= Prcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3c= Z3i4w5RKyYt23qndLkarXciqQS84cI50Mk26Fay8GoG-2BE8vQ5E3V3J1TaxbZcpstw-2FB1Ftk= omkIChLsr5P68zmJS0nFGoAjJTRdvEvGoeQRS5X-2FbZqqvuK-2FE-2BEr69-2FdmcL3Ioti7hS= v0Sp3tSN8lOTV2ZhCFJlOsp3mgR5Y2PrZDwuDBJ-2Fd4-2F8owttmwWFTbZX4-2FQ-2B07QHIYO= HcVLJpwScvTYcOAAQZfmDIIOyGHKrmecFIlVtptPGGI-2FXKwB01TnD2skidaSrcvm6owBPljak= ompMHg-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Protego V= entures.</a><br><br> UK-based biotech startup <b><a href=3D"https= ://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr= f6GFa-2BaqM7ONnvsnswouzWnW99IeutrRGSycd-2BRtn31DLB0DViboJosjHsYussrnQ-3D-3D= cxzn_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzq= JdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3J= Q3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8= NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5RKyYt23q= ndLkarXciqQS86QjIiz5Ug4DRYt9Nu5qE5n1S30x166gkW5cUyvKsZLUrotZxpQfJ8WTr6gR2YQ= 390-2B-2F-2BiRRx0BK437OyFC4FyqU1vhZ6zcGvrB98T9LskYIewBEY-2Fs5D5zHYNMsj6GERd= fw9zPu35LmqpEIfgxzZELznH4IdX4mnpGs5nX2cImYG42UlADuqpKKsff2P8BxguyidNTEmmn-2= FHrGkd1d-2Fpzua258ja-2B8nTyXMtw2zxb20E2A7-2BjIuAoZ5VA90A2IZ1Y-3D" style=3D"= color: #1D5080;" test=3D"" universal=3D"true">Mission Therapeutics</a></b> = raised $13.3 million in a round led by existing investors.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>PE Deals</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Artifi= cial Intelligence Infrastructure Partnership, <a href=3D"https://url6380.ne= ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O= NnvsnswouzWnW99IeutrRGSycd-2BRtn31N9CyhrXQ2NUczl-2BXsvsK-2FQ-3D-3DnVRn_I3w5= d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsr= qlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYC= rSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9l= yag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5RKyYt23qndLkarXci= qQS87sVH0kkcASPZm7O6hNjJruZXF-2FJuKhjQ-2FhMqwDbYMWyTKznpb5Mq2zP9bFWxFk-2F0t= SfICiwGxFN9L8mGt45KiZzjVTGsQA9ymZxjWB-2FiTdKnXihHA6A17VTDCVquCerpPLc9ItXKSr= UwlKiCv1KcE4P39H6nXEc0utuL4pO56xQLITSp3Z-2Bvso4Knn3N2PGeE0v3mxnpFnMO4ncOKvw= b0Gl85upMoh7UKwl1Ys33ki6zTOLU-2B7QRi2P7OrNPi5qyw-3D" style=3D"color: #1D508= 0;" test=3D"" universal=3D"true">MGX</a> and BlackRock's <a href=3D"https:/= /url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6= GFa-2BaqM7ONnvsnswouzWnW99IeutrRGSycd-2BRtn31AR2EkH16-2FoFOeo-2BUAahqoQ-3D-= 3DnT9s_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF= 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2TImRQNzMjTWRF8tUcYqP2ZqUyrD5w7CaHUaByrgSakI9mSLfLuji9-2Fhs4REYU60UOVZ0juFR= wvMsKkfyDtZduBwgLhXwCIVo5ar8gqPYhlejpTFANnftTKk-2BJNXl7Um5ToIDNjEZGKGgd5O9x= PATNBEALc5Efb6-2BUKxWSXIcY4joe5TowWmtcLxbCJXpEDO2-2BD4ey30FjYoqPLCrHyknf-2F= c3Ufmc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Macquarie= Asset Management</a> and its co-investment partners in a deal valuing the = company at $40=E2=80=AFbillion.<br><br><a href=3D"https://url6380.news.pitc= hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw= ouzWnW99IeutrRGSycd-2BRtn31tyqjE0AooJ9fcl9TYampXQ-3D-3Djm1e_I3w5d9c01gkD8gL= zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-= 2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJ= VOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYB= DmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5RKyYt23qndLkarXciqQS85TyQpi-= 2F5U4BD1-2BoW72M06isozZH22lh09cVBhagZZ-2FKaswAc-2Bsdbnl7sH11F3mq-2B6sWP6Aka= wKPVFaImdBziXY88N4B8kT8hDhPBT8B9I9Lb9JKDxzsH0G9wxi079LBz-2BrAk0PdSfiwFOkn-2= F8MFCfGoU4gFAFUo0YzJBg960Kd-2Fy0Cpc4ZQU0bzPQbNpkoFcaQIxc4X1mU8WNheTNONoGr7n= FVtKEovmjo64ollmVd-2F3MVMzkhZRrsR27RhIup6tU-3D" style=3D"color: #1D5080;" t= est=3D"" universal=3D"true">Mousse Partners</a>, the family office of the C= hanel=E2=80=91owning Wertheimer family, is acquiring a stake in <b><a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWnW99IeutrRGSycd-2BRtn31kFGkQyOIVSAxKLRnW0z= CVQ-3D-3D4ZSl_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa= 0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ih= p0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0= DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w= 5RE7epNjpnekOwu2szxUHWJEUwUnGyF-2FjCIdzq-2Fbil9yLNKkTBjPXpoXCMEEBFvLLZ98AVL= pWGHCt0azjd11uhixeTI2jdShlikikB21kHUHVNTGnw0KbFlTfGb036DoHbMvLSCfaQvQU65BqU= oYEaT8msdINnYB5aieXpd0AS47Ck0pJZTXvRQjKO091aXeHODyr3-2B-2FOp-2BHrWmj13F0NEB= 2jd8TvSD0J2L-2BwQ8g4CoAX8fKdrT6S5HpfxBHyzFV1UXmMivM-2FEiWE2Pme3JQW38-3D" st= yle=3D"color: #1D5080;" test=3D"" universal=3D"true">Rockefeller Capital Ma= nagement</a></b>, valuing the firm at $6.6=E2=80=AFbillion.<br><br><a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWnW99IeutrRGSycd-2BRtn313mXDnKBcFPnSB24Zb-2= Bzl0A-3D-3DjvK0_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF= Va0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9= ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrc= z0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i= 4w5RE7epNjpnekOwu2szxUHWLJRYELhIGy8LtK1-2FsWO-2Ff1mGpEXad2XHWViWVoKdwWP0eMI= JlwwIeG7auwCA5g01oGy2GI9BvIYYQ5UmzIUj9Vvn40X8HvSWZQh3eDs4TMHCPvGMlFUwoe-2FO= BOIGBKsXBWewAN1hi8AjKwl5uu7HjCScOsu6JKDy2x8KYoM3Oglz26cBZFpHDoCD07bvtd5LYFO= zt7ob41Dx-2BDot3JBHi9E9vn9r7AysF8kaws69jnjneCoV9WfUHew7XbJO80nss-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Lee Equity Partners</a> m= ade a $1.6 billion reinvestment in <b><a href=3D"https://url6380.news.pitch= book.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswo= uzWnW99IeutrRGSycd-2BRtn316VZkIW4AxsHLgEILKWQLRg-3D-3DHz71_I3w5d9c01gkD8gLz= FEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2= BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJV= OuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBD= mMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5RE7epNjpnekOwu2szxUHWJfJoSLi6= Ub3-2BGNuSyGHDT-2FBU9zvlRdFNfSrSKDAG9U-2Bjn4yxDwhCbc7hKg7gzweGCVXoDboyPRWBm= NNHaOlkPQKORI4ck7xgmel9XqE7YvrDzOAyz-2FmZYgk-2BpEDAKy0KcxWJkDn3vIO36xjpoEme= A-2FEsnp80AOr-2F3bHy3Y2NPWlTUEgO9kCoD5L-2Bwp21zh-2BoUKFzvhW4v7gJDjMx4ux2lYU= GAjHW-2BXKOumAXGE7JTmEqariwHX-2B0DZanM8VildZAY-3D" style=3D"color: #1D5080;= " test=3D"" universal=3D"true">McLarens Global</a></b>, a Georgia-based ins= urance claims adjuster.<br><br><b>Bond</b>, a fractional aviation company, = secured $320 million in a financing package combining preferred equity and = debt from <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3D= u001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWnW99IeutrRGSycd-2BRtn31am= m6zzCYjD1AEUk30R48rA-3D-3D8W1T_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2= F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzA= uRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c= 4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp= 7X6vQCycpW3cZ3i4w5RE7epNjpnekOwu2szxUHWIDpeKEMckudk2XcYKMZ4dW9aNk6buFJdSYL6= HohIhtMyEhVTXfYryTtL3DY-2BCUUnyYcwiq73M38koAFZRbaALr4-2BvJe6nhCplyJgl7uIkGs= M26e-2BNuuxm4FxAhOnLiKiQvXMIGXs9fk4zFRHuFPkAnB-2BXZijClE32PVMDAtJGMq9Yi3MCo= NL8FZZ4YEUIAN3qGGFQoILUU-2FHjJHp8TSUeGlMQxC1XcTrEoipTW2bFAhp-2BhpcQDs2Yq5WE= NuxjI2Zk-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">KKR</a>= , including $30 million in equity from select founding partners.<br><br><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfR3Xzm6-2FS84r9VXXJZ5gjirByTm-2Fbjacj6= -2BYF65VDUQ-3D-3Dt-1O_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb= dWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNz= REswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMg= l8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycp= W3cZ3i4w5RE7epNjpnekOwu2szxUHWJuRYrxjC02vlE7LM2JUZqCL7kQ2AersAIvKQgycj0fr-2= FNrd50iZ0x2hJpkVm9QlYiZZJY0dkuArP1WRSHzZF2v1-2FoNuR10NM8cHGVALPcNzkNPdzg89V= hFQmEMmxV18qf8k-2F-2FzLCkWs1ypuzhWrdyOJw9CViAApHyTeqiMd1fcOddxzu-2F9D7tadQz= 0iXv-2FyNlCy6V8rCckq-2F5mdoPUS1PS-2FHaq0xZ0chhLvwUJFVZOn6vvCoQKIrgCFWwrOiIX= 9po-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Apollo Globa= l Management</a> submitted a new offer to take pizza chain <b><a href=3D"ht= tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS= WIrf6GFa-2BaqM7ONnvsnswouzUfR3Xzm6-2FS84r9VXXJZ5gjRRLMzjLedr29cSZ-2B7IgHag-= 3D-3DPStB_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8P= zsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL= 8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMh= lF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5RE7= epNjpnekOwu2szxUHWLYj2D6eJmKd-2BqWJlByhQAVrpOuNoqad200TjougC0-2BcEoYonkaEN8= -2BMAi-2FR53Y8qOcMiRQ-2FmtnRux9MZ8400FUV75yUk6i5lENv-2BN0PcjeJli3pD0eCLxQ4m= NIuV62QhrtuEzcdhLghDrXfGvqpRP1-2BDVLEK9HcHhnJAjAOICetKICSDB5hXWmW2uSatGVc5R= RIJGFYq5uVlqPDhsRpuhknL6dNX-2F5sMMYZcBrww8ezMa-2BDUAeav4cZsGKuvV-2FRwU-3D" = style=3D"color: #1D5080;" test=3D"" universal=3D"true">Papa John's Internat= ional</a></b> private at $64 per share, Reuters reported.<br><br><b><a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfR3Xzm6-2FS84r9VXXJZ5gjP3ZOnZnkjIPFsmbStkA= k8Q-3D-3DvbXB_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa= 0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ih= p0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0= DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w= 5RE7epNjpnekOwu2szxUHWJHnScFw-2BWmq0-2FpizifILWf4ZbsBvTHeysNNhpNtm3FonM9qq0= wHpVGnsWdngU7yEgdWK-2FbHIVP51mOSRlPxZNieslYCzHQ9GQPaLEu-2FTNd3i7xAe-2FRtBlP= UKa-2BXX48uVNxF3NXcu8TkHiKtHLRSlW3z4zH5GrqgDx-2B-2Bm2zYrod-2BFFfgqFJDA3YdY-= 2FmrwcGusZwu2HxKWG0qf4P2Rb47kBX-2By-2FvPvIIuKBqxac6om1yBMnuh0-2B-2FQnjxjDRP= QzCxGN4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">TrustArc= </a></b> has been acquired by <a href=3D"https://url6380.news.pitchbook.com= /uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfR3Xz= m6-2FS84r9VXXJZ5gjkCvAoj1gxCBjHa7UVgwBiw-3D-3DAjjH_I3w5d9c01gkD8gLzFEofZR-2= Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1= QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFI= NbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AY= G8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5RE7epNjpnekOwu2szxUHWKIb4UYi1a9zNVs44= iAijFXzMiaJobq3eGZgKqvarz69LUxlGHEe6aysEt-2Fxos9zUaxletUbACBNAe1DCUqvgKLxMo= H-2BwMuooadqiaPmU2xDftdzZ1eDHrFSz-2BRYeiFS-2FPSMMuxA8npTmxf-2Fto3tfmMBes6Ts= Q1dK7lsLuVwhCqeKxaOgT3dxqhnLYYaMFgsFQpusewPpzt6ZcMB6VUIGWQKSy53zF8KuJe4ZMI4= 2eTuLAPcw8Gf8DX4-2BYejeqbYkQ-3D" style=3D"color: #1D5080;" test=3D"" univer= sal=3D"true">Main Capital Partners</a>, marking the next step in its expans= ion in Europe and India.<br><br><a href=3D"https://url6380.news.pitchbook.c= om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfR3= Xzm6-2FS84r9VXXJZ5gjKlYNXYi7Fkhr1Aa55WqLRQ-3D-3D4d5j_I3w5d9c01gkD8gLzFEofZR= -2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yW= C1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQz= FINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72= AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5RE7epNjpnekOwu2szxUHWKyed4cy9f5gQaB= oqt7aL-2B3A4GXv-2FCpZcTdUF1LSNuHOIH1giDBAG3XgXTeIZiaXcmXqVxJqDRALlaAoo8axkI= 8zdm2sSQx3wvJnd9iRLA9pkRPYDTtXFqVHAWQ6w0IUBYLPmTJL8kU5w5W5YYQNzofix0sC8TmH5= LsC-2FaWw15RZ0dTxybjcI87FxRxkPijs-2B7XUgPiMbYsEndGpGo3Kewh1WP96PfoBrSXXAUID= -2FxW2a36Dk6Oh9HrF62KFTiiDHg-3D" style=3D"color: #1D5080;" test=3D"" univer= sal=3D"true">Oakley Capital</a> invested in <b><a href=3D"https://url6380.n= ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7= ONnvsnswouzUfR3Xzm6-2FS84r9VXXJZ5gjfWmiEuSnaafrUBvtQ0FIlA-3D-3DZofz_I3w5d9c= 01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQ= IJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm= 6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag= 8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5RE7epNjpnekOwu2szxUH= WJpZ7dvWmMyBj8t7jBxgraCDMM-2F7dqBwd9-2BoZ6oSugjxeX1eFzRSKEaAbTZDVik8jBySggu= A6-2B1wPJqpOke7b5-2FlPPk-2Fpxr-2BOTX6M8pej-2BMsUdbOonRqgOEO6sIbRYNbKRlKR1yb= 7T2unD88h7L7Qht4fwJXcK88t0g8DKmm3SjBuKr9fdKIy6fD8Q5J7SEXGOAVCO55qQtjdpQLr1g= oERvwk9P3Ykoku0PAiu3eNUu0SuNxw6vVgrGgTTz1Ql2lAU-3D" style=3D"color: #1D5080= ;" test=3D"" universal=3D"true">Nox</a></b>, a Barcelona-based padel equipm= ent brand.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/clic= k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfR3Xzm6-2FS84r9VX= XJZ5gjxN6GE7ZWHKQmYdATjUNmXQ-3D-3D3B-X_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBR= FCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWB= bXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNc= tR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOd= HRUNbRQp7X6vQCycpW3cZ3i4w5bp5v3AWHbzQklajJ0KLXmRpwYWlmkVz1mpeecnjEXfufC7XIW= VS0Z3fDr6xTg73z0knQIFFMEsQsugD8A5iUdRlQEBJWBxJKI0bDY4Ym4rUrsgNmYByh-2FQ1Vzl= ZQk8bNiB0zkIo4JuctFV0nQhL-2Fm9QBTmpMpV7JR3sVmbjC10QBxSBjGGq4-2FP0AspknodkX-= 2FcpTE-2B5R-2BQWx9UVuyySEYgez5c3-2FYwurf7hCMxhuM8DVCNOudf9bmu2Lo-2FQp4li-2F= xmx2irrhkzTjleGEdPuMtY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D= "true">Kharis Capital</a> invested in <b><a href=3D"https://url6380.news.pi= tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn= swouzUfR3Xzm6-2FS84r9VXXJZ5gjdeZLpDyBU6xjx9CW6YNzLA-3D-3D5Rik_I3w5d9c01gkD8= gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4C= d-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plw= OJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQ= YBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5bp5v3AWHbzQklajJ0KLXmRKN97= SWzkdkcnLNEnrwIdmICFK0ozK4T7lIIXKMx-2FabJB5Tc-2Fg9EKozbcQnZyhnGZc2t0008cUde= aYApY32ZdKzyT2VbxHZRlTe9FTUex-2BlGFWlFkvshp6rpOjeo6soLArPclsRUtSzpyfLy8gIs6= vmP-2FjEbFyi5XTreOiDGYuwz1pB4Np7UQdNV1dcGYNqLjHu2w2nV-2FzAluYMzf3jIgLiimxkz= QXEXNYQuHeOHlMFmYvsj2V2nF6vxlB31i3fH4-3D" style=3D"color: #1D5080;" test=3D= "" universal=3D"true">Foodmaker</a></b>, a Belgium-based ready-to-eat food = provider.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click= ?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfR3Xzm6-2FS84r9VXX= JZ5gjRAGhFu7hY-2Bg3xiZWWp9weQ-3D-3D57hv_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB= RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZW= BbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuN= ctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggO= dHRUNbRQp7X6vQCycpW3cZ3i4w5bp5v3AWHbzQklajJ0KLXmRiPkCW7er-2FKI91qzHkGJ8F6Xn= duJMgoNKdYKcWDRbZf-2BeFxOfojyoXM3wDuRwIxITq90W98NOQtUYZAJVoA02WP3FgriLilagR= n0fXIe5WyCwEwFsllw8mEfRSq1oVg-2B7tiqJb-2FYU-2FWFk5JmaXZ9Ds-2Fx8RvJFH9aY-2Bw= 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AiF6fZoWw-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">U-blox= </a></b>.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click= ?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVHcGXxErMdZQr-2BVr9= i2X4pHFFwiTCYFSWzT4HwgEYYdg-3D-3DfXNK_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRF= Cfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBb= Xu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNct= R5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdH= RUNbRQp7X6vQCycpW3cZ3i4w5bp5v3AWHbzQklajJ0KLXmR5V6SgfNZPlLs9Mk88kwm7QXYCfbV= Yc58Hd-2FJFxDUYKwlOsfVuwKjxinbgP9q1K3YA2XqTkExPTIRZ6rB7aI0shfrsPL1WNMptHH7h= qfg0SARTtIFNQ2vlB-2FESKFuM0JPE-2BzletCmRVGFlCqJyYsfgWcPYWbMybLbcnFSGciJL2do= HHYA4P1uFat3YB8tjbY6-2B3ac-2B5if3muFFPSXgiq9Dw1a-2BzGNvMPI-2Bf23fTWSdhpBA6G= Q2LnZ7SW5qLkTFjW8-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true= ">LDC</a> invested in UK marketing agency <b><a href=3D"https://url6380.new= 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</tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Exits</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVHcGXxErMdZQr-2BVr9i2X4pHlQUYKnWLyWrmb3aCT= 67DQ-3D-3DCF98_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9i= 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hL6q2xl-2FHPG4pQW-2F7FbdDmC80zvdGHuKRM1bYBiiFCgXoKjfCbXO8QjxNDkbrvfA1nVFfc4= xeGoFp7T-2BQd5J5wiBhKHM17zEgQMTy5CIGbHuVe9M-3D" style=3D"color: #1D5080;" t= est=3D"" universal=3D"true">Tata Consultancy Services</a> agreed to acquire= PE-backed <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up= n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVHcGXxErMdZQr-2BVr9i2X= 4ppMghulHjizl9zjLkT6v9Mw-3D-3DdJAn_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfm= zy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1= FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5G= vB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUN= bRQp7X6vQCycpW3cZ3i4w5YtgMRBmyF3pxcPu8Diy-2BPxOn8mwGUW5PMnA6LqUewAhpUuQ1mnR= EcFXVG0oI8IGx0fiolM-2B2FPzXqv1ov01TGCDoY23bJoQnCXtswYpNPF61A5nXjoT56eeFJwLb= LMg1JJuGCKOUfsBTGzfZAH6e9X8H02nuIUGkHGoOvvBSKjUFX3VDUtQ0MuGSNxpyZ9gPvDVaiJn= 59lRrpRnZVfQWYi-2BQdzelYNJOXQXxYDQqHlP8YcdBUchh1pb5Z-2BQk1fBJgy3-2Fi3Z-2F9X= tUbgL8b7S8MQ-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Lis= tEngage</a></b>, a Salesforce consultancy, for $72.8=E2=80=AFmillion.<br><b= r><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVHcGXxErMdZQr-2BVr9i2X4p-2FprApYow= 1ZCtqMiZH3rxdg-3D-3Di2gv_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApV= hNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9= fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQC= ycpW3cZ3i4w5YtgMRBmyF3pxcPu8Diy-2BPxShcz3FLuPkGCMU6G4mLnGutsOj-2Ba9BSMGJoSH= Sf0i0zrQpuULXXGfIg-2Ftq5t-2FuiBlsPw4pJg-2B1pdPWPICF3hIW7LH04UM7oSnrm6g41iQa= 2R98FdrsWVuCfdhTgq4dGPOguojtXw3kGXjj8D9PVkM7ge90nYuhEhf-2BOgLtl5pcsaDBVzKHg= Lbxmt-2FGTHNAcCJD6XtVMlyEIVUNbLcWsEBgqVesRww4akVBPlzysM-2FVaycM6Sqi7tqVdhmf= HtLKcA-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">IBM</a> a= greed to acquire PE-backed <b><a href=3D"https://url6380.news.pitchbook.com= /uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVHcGXx= ErMdZQr-2BVr9i2X4pPEv22fjwWdejgKxpQxQ7Jw-3D-3DvOUH_I3w5d9c01gkD8gLzFEofZR-2= Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1= QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFI= NbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AY= G8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5YtgMRBmyF3pxcPu8Diy-2BPyl9qNQtJgUSN6S= aOmCISbGet17-2B7NIJ-2FGgm1io9SSLqTZUmkK-2BWB-2F-2FV-2FJoD6hOspIpNEYARqp2Z0O= mye4zTxmEzhI0N4xpz2H5FMVISJzClUewg7lkxbefi7TQnte6SYtQOKQvrt-2Bxwy28YI8PvQPc= X-2BfG9jeywvpJNvRnD-2F1PZNrXjbuZvG6NKZ89NUVAar0P7-2FpRB1thIf3FFt1sQh5mo3K83= 06GMuE7STh1ShtxPS7ACnRMhUxAT78-2Fg-2Bo7DBw-3D" style=3D"color: #1D5080;" te= st=3D"" universal=3D"true">Cognitus</a></b>, a tech services specialist tha= t helps businesses modernize operations using AI-driven software.<br><br><a= href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br= X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVHcGXxErMdZQr-2BVr9i2X4pvDonAeYwuLzW5H= xLsfNprA-3D-3DIi2n_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWe= UgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREs= wm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8H= Prcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3c= Z3i4w5YtgMRBmyF3pxcPu8Diy-2BPw9vBpm2xQgU3Edhdy9eq32LngOZA7L0BhnyPUZPZaGKgbC= qJnFLekoPe4YVTntPASuq-2FUT-2BZwF7sOmHrQmTHZXQQboeXUakB-2FH-2Bo1VWIskeQaLLHb= mzpv8XG4YrB-2FOHfyJhyiUR4QSrZO7-2FmAJ2QdvDi2gggsH6jF-2Fa3YUIfOObREKaeavzyVS= 3IVLgBlqQvCQB4bdL8ZX1XAwYTBEDpAAKDmXaIfkgqVUrjjDjQwwOuRWavf4u4IKyyiGP4rVjfU= -3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">BGF</a> exited = its investment in <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/c= lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWmr1y5qoqNP14lP= F9un3FoSELSyS4irDHsspGzQFx3GA-3D-3D3yzk_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB= RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZW= BbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuN= ctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggO= dHRUNbRQp7X6vQCycpW3cZ3i4w5YtgMRBmyF3pxcPu8Diy-2BPzGeGzEe28wXAW5Ws1BlQpNLlb= F2SVFWhYd6BQITZmFPV5sRLHbOI-2Fv4GSVEdboYGAz2w4tXpyJLDu4dHVUPVppme0n-2Bs32Em= UdwTnG6gPACxeKHQOJHMGP6ctzbOnlb7Gz5fuEzXBJe7YxI8bru5d23pRMOxgkk9Liflrh69bZP= hQoDEnGa3-2BsUmOt8MNkVLy41-2Fs5f-2BfxctTu4S-2FmGYAfNZqauq6Lky45yx7ZNeowF9wM= a-2B4wVZahd3NwRfOXceg-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"= true">BB7</a></b>, a UK safety advisory specialist, through a sale to Munic= h-based <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0= 01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWmr1y5qoqNP14lPF9un3FoIcDU3B= p-2BDj5koIv3tSSb4g-3D-3DuzEs_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3= t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuR= TApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s= 4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X= 6vQCycpW3cZ3i4w5YtgMRBmyF3pxcPu8Diy-2BPxgePujUXvBPa6sRf7Av-2Bn3Ej86JFcDDWXj= z6MId6vr04I0fI0ysDeyWOEO7lpBa9XiKYQWByDgK08EUOAwJPiRrTc5cjiIC0K3hMjnRUloEpy= C6h0RdR5P9819ieOYsyCeLH7MVn5pVukuabnPHxtpFwt1uSHP-2BnFRsl76y3nE5kcDdQhjGOIm= XrgejmlYy0oEPAk-2BLOauNwMa1HyUnwxsojs5fK3J77rqy2Tjg91RJAZHH-2BIrWYW0e0asqB2= 9wyo-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Certania</a= >.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Fundraising</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWmr1y5qoqNP14lPF9un3FoUjE3xH9Ua06SFUf2q= zdPoA-3D-3DjYDZ_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF= Va0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9= ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrc= z0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i= 4w5YtgMRBmyF3pxcPu8Diy-2BPyA2UZ0vxHicds6qRwRMMyQOJI4lQRRvqe17gVwwulgE2tkIv3= FRIMbpQtzPskXH0b4PgOrUr2vN4Opwh8nVtxfQSMw6dQISchAcfH8cq-2BjYcUeMNHs-2F0CO9a= y1a6e6W-2B3EM7zCkHMSQ-2Ftw2qGsJEgaTUs4d6b42wZN3RPCcaGJDvtbD-2BbYNwnFgtLYgsK= 6rxpuMfdWc2ShSOwXoRcV-2FQlA24Xk2MCvQ9CAB2L1i2JCzjlP17eh6s6YX82ZgZD7ids-3D" = style=3D"color: #1D5080;" test=3D"" universal=3D"true">Shore Capital Partne= rs</a></b>, founded by billionaire <a href=3D"https://url6380.news.pitchboo= k.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzW= mr1y5qoqNP14lPF9un3FoDlrFvZ8CYGjOy6On6pCK-2FQ-3D-3DLd6N_I3w5d9c01gkD8gLzFEo= fZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ= 1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOup= tQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMi= H72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w5YtgMRBmyF3pxcPu8Diy-2BPyX0UyAfBm= MG1mAqjENyFblWczWTubywEKTMRrPqVGtKupcA-2BftobVhCqH2-2BIj-2FIVwLmTKXjl-2ByXi= x4bOfvnFm9rMpH5ua5kVuXI1Tpx-2FpjSEeXaxktOR-2FlZ73-2FzeW7YqMRb6BzEmoKfJlHlV0= k1dm-2FNFFE4U1Y6V4qexdwO8XEuemMQwSRsthqUKMV-2BLa-2FVbX-2BSIuKp8mh-2FjLaqUQA= JoozY16jY-2F9T1aPcF1irRJ-2BXitfYqf1yHZcaJ1EOL5zuSx4-3D" style=3D"color: #1D= 5080;" test=3D"" universal=3D"true">Justin Ishbia</a>, raised over $625 mil= lion for its sixth healthcare fund and nearly $225 million for Search Fund = II.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up= n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWmr1y5qoqNP14lPF9un3Fo= iiukCRHTH9Pj14IgZveLCQ-3D-3DK-Tr_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy= -2F3t1yZbcbdWeUgFVa0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJ= zAuRTApVhNzREswm9ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB= 4c4s4AF9fMgl8HPrcz0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbR= Qp7X6vQCycpW3cZ3i4w5YtgMRBmyF3pxcPu8Diy-2BPxa7D5a-2B66fhn1CRTj6gLFPyxqMghRK= 4VyvkwFX76ikCR6RzHHEuGFP1blLqaKWBds-2FvLmIZFWfUyWuvnCDEhDMZPNON9V4V14MzGSPX= ocQ9NO1JQsIgS4ua7dX-2Fl6SItDRcspm20grifSxmm7YRNJq1-2BNLKDP5K76x-2Bum34QrJGu= Qq6pbxvhZEWRATyd2WIDxrmsHe0sKT41iBUOXMtl3lCdxWwvm2ZPtOf3vKNsPt1e3M1j1cNH26x= 8Q2eLzqRk0-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Town = Hall Ventures</a></b> has raised $440 million for its fourth flagship fund,= which will focus on AI and healthcare.</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>Investors</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-2BaqM7ONnvsnswouzWmr1y5qoqNP14lPF9un3FojG7pupBSTrigaYICQ= fHFRg-3D-3DB6i4_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF= Va0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9= ihp0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrc= z0DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i= 4w5YtgMRBmyF3pxcPu8Diy-2BPwH3svRwAiF1y2HxRAHlnv70U5v-2FEIHAO7RbxQKlyZ6tuoDy= -2BtB6h79GYvStGD4jD0RLgUQA8A-2BMvyTjQvVKBPHAWchV-2BiuxAhaF54vknVfCzDskHkfGp= cgM6Nb4BfdW7kr5E8L0YAU-2F-2BkJ9ty-2FT1JX-2BAlkmQNAq7HHIdSpvZYiNenQIzxIoP33T= LSq41f0Z1gnsFoBBHOg3AjCpS5RB5cuWlJL9Rv7hV7eVUHAmuTdK4kIK4eoHz-2FQ-2FGP-2BvL= MuGU4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Blackstone= </a></b> has established a dedicated unit focused on expanding access to pr= ivate markets for retirement savers through defined contribution plans.<br>= <br> Indonesian sovereign wealth fund <b><a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWmr1y5qoqNP14lPF9un3Fod-2F4XodqPKzo5rKC1kJg= cCg-3D-3DFcaH_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa= 0m8PzsFzqJdGg7DIsrqlQIJaA4Cd-2BAZ1yWC1QKEpLSBkGZWBbXu1FJzAuRTApVhNzREswm9ih= p0rL8eO3JQ3-2BbcYCrSm6l8plwOJVOuptQzFINbFHtRQUFuNctR5GvB4c4s4AF9fMgl8HPrcz0= DLMhlF3e8NoGT8sw9lyag8B-2FQYBDmMiH72AYG8eN3T08ggOdHRUNbRQp7X6vQCycpW3cZ3i4w= 5cug8JZbA3IOkRkAYbU1g83bjDKoiNI4nt9ISN9JHxj7DtSQ0xCc24Bshp5Qz9cL9dnCf5ybQuU= 3Sx8dyAyDB-2FlPpL72npa60Lllip8u4RyBoWSx-2FoAPFito5MC10J0-2FaWAvaD-2F9j3sVpq= 3dZuMq-2FqOTvzFaCjhUIvrYWeF-2BbVp2e4xLVY1LKno7Rcgtpps5KO02UZG6QCl-2BVC36i8y= O4kNB0jCD8spyPojsmfRo-2Ff9YMkqjhIfMQsdABBIU2YUeAg48lBaYV-2BOhXtOUTsQjX2s-3D= " style=3D"color: #1D5080;" test=3D"" universal=3D"true">Danantara</a></b> = will start deploying capital before year-end, 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>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" 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