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Edit File: 1761654354.M71169P462128.server-619288.prediksijaya.com,S=181532,W=184741

Envelope-to: vetyl@ponjosonek.com
Delivery-date: Tue, 28 Oct 2025 19:25:54 +0700
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Date: Tue, 28 Oct 2025 12:25:11 +0000 (UTC)
From: PitchBook News <news-noreply@news.pitchbook.com>
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Subject: AI's dramatic reordering
To: vetyl@ponjosonek.com

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style=3D"color: #78766f; font-size: 1px; display: none !important;"> PE pou=
rs into Keurig Dr Pepper's cup; tracking public fintech valuations; BroadOa=
k raises permanent capital </span></td>
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d morning.</b> In today's Daily Pitch, we look at the dramatic flow of stat=
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ef=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4C=
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niversal=3D"true"><b>one firm's answer</b></a> to the consolidation of heal=
thcare specialist funds.</td>
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<a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4=
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ight: 6px; padding: 0; " colspan=3D"2"></td>
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                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
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                  <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%;">
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                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574059" id=3D"n_574059" style=3D"font-size: 0; text-decoration: non=
e;"></a>=20
                          <table lang=3D"x-news-group-title" cellpadding=3D=
"0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;=
">
                           <tbody>
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                             <td><span class=3D"outlook-caption-override" s=
tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
erif;
                                                                font-weight=
: 500; font-size: 20px; line-height: 26px;"> US gets most benefits from sov=
ereign wealth funds' AI investments </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 =
Jacob Robbins, Technology Reporter</i><br><br>
                               Sovereign wealth funds are investing unprece=
dented levels of capital in AI companies worldwide, with over 90% of fundin=
g with their participation going to US startups, according to our latest an=
alyst note.<br><br>
                               This flow of capital is a "dramatic reorderi=
ng" with implications beyond capital flowing into the venture ecosystem, sa=
id Dimitri Zabelin, a senior AI analyst at PitchBook and the author of the =
research, <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3D=
u001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVKlkqH0AvmkYPBD07RakGj-2Fu=
fZE-2BfjYMqDYA6biozP5g-3D-3DIlsl_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2=
BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO=
1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVwe=
KgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL=
3EGv6SaAGbVSMhRjjf80a5R-2F6VrenmimEHai3thoI5uhDCC5z95trDtHjea-2FFRGUY5iWRAU=
Jf-2BUp9Siw5XwVhH-2Fv6fMQBNC1YSaZZYDk4Bki2YU1D5nB7JBs7MDw2ni3h2UbmEP0d0Gy6K=
saMNBUb13lKNLtSjm4i1yKg6mR4rnrr6IdqMfQE7ZdPTUwhDKdufJHs41KP0otFYPr9Ya5Co1oI=
Pzve6-2FZpvCCBfp29Z4OYsL0SA44FG0T1fNdrLPzaK8bX51nHS2n9q6h9QCvbvA9UnBctoylr2=
Kf9ZgDKWCCCcHWnvsPaGJrx9RP3wBC97C" style=3D"color: #1D5080;" test=3D"" univ=
ersal=3D"true"><b>Sovereign AI: The Trillion-Dollar Frontier</b></a>.<br><b=
r>
                               "When it comes to AI, the US is leading in s=
oftware and hardware," Zabelin said. "The US is setting the policy standard=
, telling countries like China you can't have access to X, Y and Z. Whoever=
 sets the standard, that's who gets the most attention."<br><br>
                               From January through August, sovereign wealt=
h funds participated in AI venture deals worth $46.4 billion overall, with =
$43.3 billion (over 93%) of this funding going to US startups, according to=
 PitchBook data.<br><br>
                               The sheer volume of capital has also dramati=
cally increased, with sovereign wealth vehicles participating in total fund=
ing for US AI startups that's nearly twice as much as last year.</td>
                              </tr>
                              </tbody>
                              </table>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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ing=3D"0" cellspacing=3D"0" lang=3D"x-image">
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                              <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-2BaqM7ONnvsnswouzWX7R9gRBiSDVOqiR6pLODZLZpb2F2oG=
MlIrQzXZUMizw-3D-3Dlhc3_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54AL=
ssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5p=
uCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAG=
bVSMhRjjf80a5R-2F-2Fj4lo-2Fj6b9yZhT5H0AN5Utybe7sFLpoxNn0-2FxSch0WtHJ-2FhsZw=
qjdE6X9AV7DUNaOmAio4xkUWJqJq-2BJPSuQC4gMJbIC3M26FtJO5GBFmyWsccP16Qie9H1N96i=
KIpNIRGhDV-2FVyAEoLdCReQv392Kl-2FqiwijLqzf-2F1NuFRWJwX2VKTa-2BcqmXi1XUZBOgj=
tZNTkYllY0awR2z8FmtiDAXE0XLhDKya36B3ZHShQHYfzxzuiQ-2FxjC8Tcqbz8iOsMMsQvWLfn=
TLHJikHd-2Bhs9bcuL0UQMB7CLjiNYk85wNbsW" universal=3D"true"> <img align=3D"c=
enter" alt=3D"" src=3D"https://img.pitchbook.com/news/71095.png" style=3D"b=
order: none; max-width: 420px;">  </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
                              </tbody>
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                              </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">"What =
you're seeing is another faucet of capital turn, and all the money pours ou=
t, being driven by a sense of urgency to not fall behind technologically," =
Zabelin said.<br><br>
                               This is particularly true for Middle Eastern=
 countries, which are being driven by economic necessity, he added.<br><br>
                               "It's all part of a diversification strategy=
, but also it's part of a financial return strategy as well," he said. "The=
y see tremendous value in AI and how it can be leveraged for them."<br><br>
                               Just last week, AI data center startup Cruso=
e announced a new $1.4 billion funding round at a $10 billion valuation led=
 by Mubadala Capital, an Abu Dhabi-based sovereign wealth fund. The soverei=
gn wealth vehicles of Oman and Qatar both invested in xAI's $6.6 Series C i=
n December.<br><br>
                               "There's this broader global shift of having=
 the public sector being involved in private market activity," Zabelin said=
. "Really, at its core, though, it's the latest and biggest change in globa=
l capitalism because of the heavy state involvement."</td>
                              </tr>
                              </tbody>
                              </table>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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cing=3D"0" lang=3D"x-content-btn">
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                              <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-2BaqM7ONnvsnswouzWX7R9gRBiSDVOqiR6pLODZLZpb2F2oGMlIrQzXZUMizw-3D-3DP=
2Xh_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCd=
RAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7d=
z-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPx=
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2BhzutNR3HOnEXsSsNeMTZ-2FwB70-2BLJpBFOo1SwFDxEKTZg9SJZZInLnuI-2BFsGh-2FjWV1=
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font-size: 18px; text-decoration: none; color: black; padding-left: 3px" ta=
rget=3D"_blank" universal=3D"true">See what else our analyst discovered=E2=
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w-right.png" style=3D"vertical-align: middle; margin-left: 8px;" width=3D"2=
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ight: 6px; padding: 0; " colspan=3D"2"></td>
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group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid=
th: 100%; min-width: 100%;    =20
">
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ng=3D"0" style=3D"width: 100%; min-width: 100%;
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cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
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                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel=
ated story:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/cli=
ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWX7R9gRBiSDVOqiR6=
pLODZCcYKQjGI6y10ePmpJR22sQ-3D-3DmRhI_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0=
YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7S=
cc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2B=
GcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJW=
DGvLL3EGv6SaAGbVSMhRjjf80a5R-2F7v4hvyOwS-2B-2BGB-2BVH10UsxDUEB8Z-2B-2BXKkD-=
2BmGY9OXfiIsrO6dMq9zRnuj47NCAvAsWsNQJ1HuMZZGhXgxVGWRNRAzExhD2zM-2Be83SNFAdp=
iY6uzlg4KFPwo-2B0QYTfKQ6-2BAlZAy69yJZy28J4JxP499m2O89r0h1sMI5LwR-2BDlAOIRvh=
dDKqwxlpwjR1-2B0niCv2b7Lbd1SUw33zjCpSn7xHxU1c5e3HBEDeDMg7QA3Yj9mcgqa9ScH3t6=
LkpmlfECl55M4VlgsTvCLTz1lnSOHpbrPGyUniVFY15HV8DIOVGx" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">As nations battle for AI dominance, state=
-backed funds pile $60B into startups</a></b></td>
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ight: 6px; padding: 0; " colspan=3D"2"></td>
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                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
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                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
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                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>A message from Grant Thornton Stax</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
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                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_573878" id=3D"n_573878" style=3D"font-size: 0; text-decoration: non=
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tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
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                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">
                              <table align=3D"right" border=3D"0" cellpaddi=
ng=3D"0" cellspacing=3D"0" lang=3D"x-image">
                              <tbody>
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                              <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-2BaqM7ONnvsnswouzWX7R9gRBiSDVOqiR6pLODZXtFxseE3GdHp8mq=
b4hcuTw-3D-3DjqzE_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMc=
Vf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6Us=
kjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKz=
wKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhR=
jjf80a5R-2F8jAxV2dRg6gLecTPDOpPUuaqaYTVprMThsJEilGiuqH5nRXgKadICce3Uyg7tq-2=
BHVNkcuBzEWI9tjvxOyJIe7j8-2FvugIjoYOXgC-2BhXqx6hJ5OZ-2F-2F6SfISuXxZMP-2BvKh=
9Tatw2N1yHF96wdCO43Qe8PyrwSzYiTeoYO-2F1SEBVJe2byar2l9kzb4lCJ96Asv17CCDTy0rQ=
5Mf9n9nGu5kH-2B-2Fs21ftNNILqshecyZeU5jddepW4xJEeASZQXcioLJFQM-2FBCmypZxKWju=
4B1ENsrtVLR-2FbZc-2Bix24cKgM4f1Zg3"> <img align=3D"center" alt=3D"" src=3D"=
https://img.pitchbook.com/news/70987.png" style=3D"border: none; max-width:=
 420px;">  </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table>A combination of professionalization =
and digital transformation is creating powerful new revenue streams within =
youth sports. More families are beginning to view spending on youth sports =
as an essential investment to advance their children=E2=80=99s experience, =
while software companies are striving to standardize the ecosystem for athl=
etes and introduce more complex monetization.<br><br>
                               For investors, this evolution represents not=
 just a maturing market, but a chance to back the infrastructure that will =
power the future of youth athletics. Companies and investors such as DICK=
=E2=80=99S Sporting Goods are providing significant capital in an effort to=
 help define the infrastructure of the next generation of sports.<br><br><a=
 href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWX7R9gRBiSDVOqiR6pLODZXtFxseE3GdHp8mqb4hcu=
Tw-3D-3Ds3kw_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UY=
A68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIE=
bl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmM=
unQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80=
a5R-2F87BdLji-2BO9SRKLyab5VsXA4T0EYPq4bMjjoaCrW9Jpx1-2Ff1-2BRoF3f8dCUqzLtHN=
n0OGpdRbOUN4QNc-2BCXcDq-2BvgWzYLylI7r2k4L6XqqN0Y6h2LEwexN4IYtZBoGRMwn4mS3-2=
F1S-2F9h7CeX3-2Fnmv4zlkrGzTtvJBiv1WiOQytbBWEWSLfjwXMs-2FclkNGWIPUCYdcReUNg9=
OOy2JGTTOhXpJDKfOFT-2BRE7E14STOYd8b-2FQVfvtGiUe7DS6JD-2FvDS2AynVVq4eOx5neTW=
pp7nE-2F-2BONnuOpJAnSUdZVdrCTUFkQ" style=3D"color: #1D5080;" test=3D"">Read=
 how capital investment is reshaping youth sports</a> into a structured, hi=
gh-growth industry.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Catch Up Quick</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
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                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=E2=80=
=A2 <b>BroadOak Capital Partners</b> has collected $200 million in permanen=
t capital, which will enable the life sciences manager to invest without th=
e constraints imposed by the closed-end fundraising cycle. <a href=3D"https=
://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr=
f6GFa-2BaqM7ONnvsnswouzVKlkqH0AvmkYPBD07RakGjxCFzwzP-2BxWjIpDjWkCOBVA-3D-3D=
n4x__Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmC=
dRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7=
dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjP=
xbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F21=
4d1gYskTs1peQhyRL-2Ba7TPr0Opv4au6-2FovPIsVatX7Tx-2BF5WvMRpkTWbvZD0icDDVavJP=
MMBVo8yw1TGFBoRV7TlMs5QKTalhLStH3I9BzG-2FG4OeVCTodPZg5L9cnRP-2FE5KALIflG0NW=
O3ZCh-2B7iYcABYSp3puDrwgJPSAlEHGnQ-2BK5J9j-2BNQikFX82AVKGWlkGAZfCq-2FPzDQ0H=
rAAfWD5eTMQ-2Fv0WHusos1pfZikQI4SFCw-2Fd1m21yodkNahSaZ-2FW2S-2FT8-2FfJXkJgDu=
q-2FfavCHEz7MdBoYH-2BXsNNDhyi" style=3D"color: #1D5080;" test=3D"" universa=
l=3D"true"><b>Read more</b></a><br><br>
                               =E2=80=A2 <b>Just out: Our Q3 valuations dat=
a for public companies</b> in the fintech and payments sector. <a href=3D"h=
ttps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7Sp=
SWIrf6GFa-2BaqM7ONnvsnswouzWX7R9gRBiSDVOqiR6pLODZ4jyf7CvAMXtKOSQTyjmjLA-3D-=
3D2hXB_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR=
mCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00=
o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2B=
jPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F=
2ENVQq4qCiDXkXCZrI3Bto8RVch2rmE7uiAN9xqTTS-2Fwww-2B-2B1Qg6b0Y7ptGlU09-2FBTv=
9jQn48-2F-2BNbVoPANgn4MTGJMQMraei7pyEfLqVIJSV851qe18NY5EhPiYhYEaBoIZGIG65Ol=
qgziGSIBCZBmfG8MOGNeRwVSrr0cfVfDxUx0NWyRJaeBAwTHyVF3WKi3gkXTbzZZe0YiUiYobsw=
sQkHuG0BX9hEEO427I6BH4JvZITGK59KfCeBPgEIo5cB-2Fi6W9zG8IE3pIKeBBkJlMDbm5YY3J=
WBV3Urh7hcIfY" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Ge=
t our analysts' report today</b></a><br><br>
                               =E2=80=A2 <b>CVC Capital Partners</b> is sel=
ling a majority stake in German betting group Tipico to France=E2=80=99s Ba=
nijay Group at a valuation of =E2=82=AC4.6 billion (about $5.4 billion). Th=
e deal reflects improving European exit conditions and CVC=E2=80=99s ongoin=
g focus on sports, media and gaming. <a href=3D"https://url6380.news.pitchb=
ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou=
zWX7R9gRBiSDVOqiR6pLODZtAw79rn8XpR8eVa7XUBYsA-3D-3DxXnf_Pr966knuaHmaw6c7pKv=
B-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKO=
jtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWA=
j22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAf=
rgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F3JUlFFGWPK-2B7GMAufD9QJAYg=
4UScwRPFpMFt-2BIA1ZVep0wYDN140fkI5270QbLdQ-2FqdsZ02PO7sZ1rkk89MhAlQDOLU3-2F=
Z8NTfY3Km7jrnM8KHtYu3ZEnK6NZL70c9r7GGOTiK4zN4lOzHEQGHEr6yQrAZD1EYmYVlDyeQBV=
C6ez17LGKVYXtnNB5mF6ypEh0X2-2BnmKiJjab265gDXVvdKJW7-2FodKtGUQpUkIO4bJ-2BAzg=
bbGzW9Wst6L8SSCpzrYKCFf-2B7YfSWmKceZdGqI-2FztZJ2uMRlzrWQaqouflYeND" 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">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574064" id=3D"n_574064" 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;"> KKR, Apollo finance Keurig Dr =
Pepper's split </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 =
Jessica Hamlin, Senior Funds Columnist</i><br><br>
                               The company that owns coffee maker Keurig, D=
r Pepper, and a host of America's favorite drinks is splitting in two, with=
 help from private capital titans. The deal draws a line under a period of =
uncertainty for Nasdaq-listed Keurig Dr Pepper, after an acquisition announ=
cement over the summer tanked its share price and drew the attention of act=
ivist investor Starboard Value.<br><br>
                               KKR and Apollo Global Management are set to =
co-lead a $7 billion debt investment in KDP to help finance its pending $18=
 billion acquisition of JDE Peet's, a Dutch coffee and tea maker, which was=
 first announced in August. KDP will eventually split its beverage and coff=
ee businesses into two publicly traded companies, effectively unwinding the=
 2018 merger between Keurig and beverage producer Dr Pepper.</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-2BaqM7ONnvsnswouzWX7R9gRBiSDVOqiR6pLODZwkRpczX5X=
RomyyGeR33dCA-3D-3Ds2yh_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54AL=
ssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5p=
uCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAG=
bVSMhRjjf80a5R-2F9O7sDYcOKOxeXnNAjVaHM1waIGfJOZuXPjKCYNwFKcZnBQBo50vE67f3iS=
Kpu5g-2BEXOTdURnPW7Of9YW7dlIUF-2FDQZh0-2B9-2FSEU1uQTPbibhSDzd7kxKbp1bzQ6wWu=
EfAlZOJmkQB0bQrYaAaauwJuUjj5ec-2B0KpguuWGXXxaqgenodscmLGoV8IwFGaXVZT2a6dJLl=
2O-2B37xSpznhUxxBUwiPQRL2OqWowG2ouNdjDXuVQl1l2QTAgIwGoVDI2PQpR2qqwHXsJrg708=
fWF6ehi54vMGrMxl3yw-2FWYLWua2j" universal=3D"true"> <img align=3D"center" a=
lt=3D"" src=3D"https://img.pitchbook.com/news/71101.png" style=3D"border: n=
one; max-width: 420px;">  </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table></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">The co=
ffee portion of KDP has been a drag on the company's overall performance ov=
er the past few years due to shrinking sales, as the cost of coffee beans i=
ncreased and purchases of its K-Cup pod declined. Net sales for the company=
's US coffee business declined 5.4% in 2023 and 2.6% in 2024.<br><br>
                               During the same period, sales of KDP's US re=
freshment beverages business, including brands such as Dr Pepper, Polar, Ev=
ian and Vita C, grew by 9.1% and 10.3%.<br><br>
                               The Aug. 25 announcement of KDP's tender off=
er for JDE Peet shook the confidence of investors, who were concerned about=
 the company increasing its exposure to the coffee market and the debt bein=
g proposed for use in the transaction.<br><br>
                               KDP said it would fund the transaction with =
a combination of senior unsecured and junior subordinated debt and cash, wh=
ich would bring its projected net debt to $38 billion. On the day the deal =
was announced, shares of KDP were down 11% at market close.<br><br>
                               Apollo and KKR will act as a "white knight" =
in the deal announced Monday, with the joint capital injection alleviating =
activist investor concerns by bringing KDP's leverage down to $31 billion.<=
br><br>
                               The company's stock jumped more than 7.6% Mo=
nday, as of market close.</td>
                              </tr>
                              </tbody>
                              </table>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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cing=3D"0" lang=3D"x-content-btn">
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order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http=
s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI=
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6yB_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCd=
RAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7d=
z-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPx=
bssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2Fyzm=
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lEEf-2B9dUbiP2dK8OJfvWWg1oEYs5QieEXWRLFo7vq4DhDvpZvwZVnDDsZvFgNF66reltXHRWG=
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">&nbsp;</td>
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ight: 6px; padding: 0; " colspan=3D"2"></td>
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                          <table class=3D"                " lang=3D"x-news-=
group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid=
th: 100%; min-width: 100%;    =20
">
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                              <table class=3D"" cellpadding=3D"0" cellspaci=
ng=3D"0" style=3D"width: 100%; min-width: 100%;
                                                                           =
                                                         border-bottom: 1px=
 solid #C3C3C3;
                                                                           =
                                                 ">
                              <tbody>
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                              <td style=3D"padding: 1px 0 0 0; line-height:=
 0;"></td>
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                        <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-2BaqM7ONnvsnswouzWX7R9gRBiSDVOq=
iR6pLODZfHaFZtnFhsauvlEFeUwXYA-3D-3DOSsh_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ=
YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtl=
d7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp=
-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5=
hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F5WaxTrAQ1rf9vrAJ1HS4GVk1ECS1YuoJ5IeefL04K=
30YCzEfQ8R8uRTWKvlHowpDP4-2FcLyOOs6-2F0i-2BBZzERvyT0tPnCp2it1cLeakcJRCV9bdM=
KViTSoSTK5kILism7ZCv9MSp43AK7ye0x3OlGK1uTIuRr43xAW0z7lbKwg0PdQQEhJ9t9XrERyL=
9wC5qRascIq1j7tIkLwYJeLFCfCDzVt9bPUG1L-2FnIMQ39W70kU3ukra3PO-2FW7hRYtC3GwWq=
AV6ee03bvbaOkDNl8hJFINg2LqD5rA1X2j35wZKbAOk" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Q2 2025 Food &amp; Beverage CPG Report</a></b></td=
>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Side Letters</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
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                </tr>
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                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Sma=
rt reads that caught our eye.</i><br><br>
                               =E2=80=A2 <b>The US is funneling more money =
into the domestic rare earth minerals industry.</b> Both private investors =
and government agencies are investing in the sector as the US tries to buil=
d a manufacturing landscape that is less reliant on China. [<a href=3D"http=
s://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G=
Fa-2BaqM7ONnvsnswouzWX7R9gRBiSDVOqiR6pLODZT8d5IovLAZ-2FmchhuYXm32Q-3D-3DxS_=
Q_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRA=
mJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-=
2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbs=
sbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F2DfGH=
fSGrUiQmSs8QYcX5VSoRCW0APziu6uMuvovhl-2FL4uATc-2FDa0r6Fg2EnaDOVkR3SdAjct84q=
zU9hVaYmwKe1xJkVKTswhRP13FZZNb92x22GBpliCjSdWcDSOKajlhhGxHJErwdVx8L8i5URroU=
42Ev4I9mf7rJ5f4I-2FDTlTUMHDq1c-2B4RlxevJsmzjLzhU6E1kpKm2jigj-2BGi2BtXq7BB9Q=
Cl9awLsKeucGjFaWki38KMbH4ViHxw-2BQSB0OYxGfYl3ZiZf5fH-2Fw5-2FGBs-2BYPIv8RTpP=
lphX-2BwFWUec9" style=3D"color: #1D5080;" test=3D"">The Wall Street Journal=
</a>]<br><br>
                               =E2=80=A2 <b>Governance of crypto is causing=
 a dilemma.</b> With the borderless, flexible nature of crypto assets, how =
does the US plan to regulate those participating in these markets? [<a href=
=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7S=
pSWIrf6GFa-2BaqM7ONnvsnswouzWX7R9gRBiSDVOqiR6pLODZDDNrwDOy1-2BTgOSefWvhvCw-=
3D-3DsypR_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68=
NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5=
R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ=
-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R=
-2FzXNGt67kOpELvDOVw2PA6JQmG6IwSzzy55YC-2B6qVk8rJpUnyahIhHsdqyaqwjxqYP34oWE=
qPf-2FhLEwQAt-2BcHGrKqgRrnf4NNl3WuywzXM77ntuAfkhVsj-2BuhdWgXybePkS-2FIOsydH=
mWxEsf7MqF4sehqa9mVYEof-2FxCwx3dWun5FAdHnkpIefNMpc2jD02WxC5tJMkjc-2BEPTHBmf=
SmwG5bT0ZncEi4WvuWEnTh817g1dFeJp2JH6TIaJ6j-2BYhM-2FGLd75nhM75O7InOuAF8Oqk7e=
KanYdqg4Or57xlukGbJc" style=3D"color: #1D5080;" test=3D"">Financial Times</=
a>]<br><br>
                               =E2=80=A2 <b>Despite high accident rates now=
, autonomous cars could be 10x safer than human drivers in the near future.=
</b> China-based WeRide's CEO is confident that today's self-driving accide=
nt rates are just a part of any technology's evolutionary process. [<a href=
=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7S=
pSWIrf6GFa-2BaqM7ONnvsnswouzWX7R9gRBiSDVOqiR6pLODZUE-2B6SLIBZwlt5PHJO7JKiA-=
3D-3DMu8p_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68=
NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5=
R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ=
-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R=
-2F288RwjhrPZQj-2B0YlJnBMiISO-2FXv1vvMUM8yRxxHvZU4QjIHEyeZstUq2ZrvlkJbycmN1=
g1tYHPfwuT3IruzWOGCJtK8QXHhKonexwYRZ2JLiV77jhWzyKfngZQJ9Iy7-2Bm2GCMd4nqahrT=
2dYnUr7jczBPDo-2BAmmJLSTsEEWoAWHM9ka6SqD-2B4HcB-2Fmy-2FPVNbuUDkVa0RVsKwyimF=
qv74bkr96aePVaZUVT-2F4eocd7wsC1w-2F4BUVFQJMcz1K-2BgYS-2B4-2B-2Brr9WWpIkqDnM=
BBvZehCe7g0NLvPipF93HgUB4eDs" style=3D"color: #1D5080;" test=3D"">Fortune</=
a>]</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table class=3D"                " cellpadding=3D"0" cells=
pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%;    =20
">
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                     <td lang=3D"x-advertisement" style=3D"padding-bottom: =
20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht=
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FoW_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCd=
RAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7d=
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                  <table lang=3D"x-counts" cellpadding=3D"0" cellspacing=3D=
"0" border=3D"0" width=3D"100%" style=3D"background-color: #051C38;  min-wi=
dth: 100%;">
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                    <tr>
                     <td style=3D"width: 20px; min-width: 20px;"></td>
                     <td style=3D"padding: 10px 0 5px; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-counts-title" cellpadding=3D"0" cell=
spacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td align=3D"center" style=3D"font-family: Roboto,=
 Arial, sans-serif; font-weight: 700;
                                        font-size: 14px; line-height: 27px;=
 color: white; padding: 26px 57.2px 37.3px 57.2px; white-space: nowrap;">Si=
nce yesterday, the PitchBook Platform added:</td>
                        </tr>
                        <tr>
                         <td>
                          <table lang=3D"x-counts-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%; t=
able-layout: fixed;">
                           <tbody>
                            <tr>
                             <td style=3D"display: inline-block; width: 24%=
; min-width: 24%;
                                                    text-align: center; flo=
at: left;">
                              <div class=3D"outlook-caption-override" style=
=3D"float: none; font-family: Roboto, Arial, sans-serif;
                                                    color: white; font-weig=
ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;">
                              725
                              </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;">
                              2241
                              </div>
                              <div class=3D"count-type" style=3D"float: non=
e; font-family: Roboto, Arial, sans-serif;
                                                         color: white; font=
-size: 12px; line-height: 24px;
                                                         padding: 2px 8px 0=
 8px; -webkit-text-size-adjust: 100%;">
                              People
                              </div></td>
                             <td style=3D"display: inline-block; width: 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;">
                              971
                              </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;">
                              24
                              </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;">  <a href=3D"ht=
tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzVX0AKTDxORKax-2BU6RGCCX0s7xzLZLT9CYfvr1zCZ-2Bq8g-3D-3=
Dz6r2_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRm=
CdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o=
7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2Bj=
PxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F1=
f40k0n0x4tKR6jmvkP9s43zCvVe86hka89azz8Kk-2FDiVI01nReRj53Yp2LnlhKZheb4HQeXv0=
pc0Abybwh-2B-2BX85dlcWB0XBhpuC-2F1UY9zPB9tB04edNIXj-2BRdikmxqjtVl8-2BvZr4y-=
2FetsQvPkp3Q8BGlpsz9xWaPL1XtVK551teMA6wfapr1wg-2B-2FY0FAGTXiw9av41I-2B0q85y=
26ZB3MIDzxX-2F-2Fl8B91V0yW2tiI7-2BwAinrsqKact5q8jYnizEyV2xYYWUJmm3iGxMtIWBe=
Gi4RZkmGssoBEnY5wtA8a5Uj" target=3D"_blank" style=3D"display: block;
                                                          font-family: Robo=
to, Arial, sans-serif;
                                                          font-size: 12px;
                                                          color: #000000;
                                                          text-decoration: =
none;
                                                          line-height: 24px=
;
                                                          text-align: cente=
r;
                                                          padding: 9.5px 21=
.5px;
                                                          border-radius: 99=
9px;
                                                          background-color:=
 #F79B3E;"> Request a free trial </a> </td>
                            </tr>
                            <tr>
                             <td style=3D"height: 25px; line-height: 25px;"=
></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                       </tbody>
                      </table></td>
                     <td style=3D"width: 20px; min-width: 20px;"></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td height=3D"20" style=3D"line-height: 20px;">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574063" id=3D"n_574063" 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: 2018 Vint=
age Global VC Funds </span></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table cellpadding=3D"0" cellspacing=3D"0" lang=
=3D"x-benchmark" style=3D"font-size: 16px; color: #78766F; padding-bottom: =
10px; min-width: 100%;" width=3D"100%">
                           <tbody>
                            <tr>
                             <td style=3D"font-size: 16px; font-weight: 700=
; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1=
0px;">Median IRR</td>
                            </tr>
                            <tr>
                             <td style=3D"padding: 0 0 20px 0;">
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 57.399103139013455%; m=
in-width: 57.399103139013455%; max-width: 57.399103139013455%; background-c=
olor: #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">12.80%</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                            <tr>
                             <td style=3D"font-size: 16px; font-weight: 700=
; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1=
0px;">Top Quartile IRR</td>
                            </tr>
                            <tr>
                             <td style=3D"padding: 0 0 12px 0;">
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 100%; min-width: 100%;=
 max-width: 100%; background-color: #40C2C9;">
                              <tbody>
                              <tr>
                              <td align=3D"right" style=3D"padding: 0 4px 0=
 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,=
 sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">22.30%</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;">
                              0.17x
                              </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=
swouzVX0AKTDxORKax-2BU6RGCCX0cD-2BHUMkVPALlLeJwUoaCkQ-3D-3DljCi_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0Nyh=
lzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXr=
ZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jj=
he09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2Fwkx4sOv4m-2FBJ-2Fp=
tl3M4kXu1HFwaDAh4oCHU6rUfeQa5-2FfxbixGOT1fC2dfuh9djJhS3TgDBakghE9CiDXKl9VDy=
LQi14R-2BAML538HRTQIaafxM5d4rItb1TwT5izE26AQCwl01ykr9-2B1VZy5CrwXjbbfKg2OBv=
3sDNfmMG8jwsC3FHGvC0IdunoaxzNYefL87JKLOIw9yDZ-2FwYuxOJwmR-2BOR9Mi1JBvAGouMM=
FvJperZp0ulZT56Xo-2FSUNUtvqiqxyVA0mg00r5f6wYroAUutGgCDr1zItt5G0sKvqxVqjs" s=
tyle=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D"t=
rue">Inter-Atlantic Ivy </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=
swouzVX0AKTDxORKax-2BU6RGCCX0VgHzUvL6hS9gy3cSNTCY1w-3D-3DUNNI_Pr966knuaHmaw=
6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0Nyhlz=
SmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZx=
tFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe=
09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F-2BDoA9xnJX3dCAhW0zZ=
cGLhpqqyAUK9y8DVxSeTsHkE-2B8Xsa3J0X-2FKM1gMB2I-2BNOnnHEnkQWsmWviprFxltqDY6u=
xdUO08qk0FOq4hpPB9GqibnRUkQbl0bdp87WaDD8O-2BnlIWZKUF2ehR77SB57iymM32XlyC-2F=
zZ2rwXaAXhJMICjZ74EQ11w2hCUpLDz-2FJVcBaUY5S7GRQwRuxLYwLEyHxM-2FJZBE9TOKj5Bi=
61jtHMA-2FyarfMFede0qL-2Bg63TUP5tm40ndsdlVkJxlKEWLCu8iurLJ0fEY8UV0nme296MX"=
 style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D=
"true">BioStar Ventures III-XF </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=
swouzVX0AKTDxORKax-2BU6RGCCX0OCIvvB5NuxlJLv-2BKUei8yg-3D-3DV5tt_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0Nyh=
lzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXr=
ZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jj=
he09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2FzKOvgzpm38JEzC71Vr=
klqSGH8lKVFW3yesCi3554CYvLdR8MKSeo2pjMUPGEpHi6j8zwhrMyNNFPx2ZtRlZTWbUVETOu0=
3u-2FwF72-2FjpX8ZjCJTNj4c67RMD3aWW53L9DDPn-2FC1lmRt2E4lNU1ryvsf0mJknBuB7Gz1=
dHM1B0kulfFsnpXoqbLOCNQiSe7A0jeFfRTlweYaeJZHfxZu48ALsera7TeCsDmQRYQMffkC0td=
7IWXYoUcte1nNYO9ENrfrwdPMDy4WftyUgkDeuZy9yrzi8CS8OLq5sM1QW8w5P" style=3D"fo=
nt-size: 14px; line-height: 24px; color: #1D5080;" universal=3D"true">gumi =
Cryptos Capital Fund I </a></td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                            <tr>
                             <td style=3D"font-size: 14px; color: #78766F; =
padding: 25px 0 5px 5px;
 font-family: Roboto, Arial, sans-serif;">*IRR: net of fees</td>
                            </tr>
                            <tr>
                             <td style=3D"color: #1D5080; padding: 25px 0 2=
0px 0;"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0=
01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVX0AKTDxORKax-2BU6RGCCX0X95Y=
Q284rSOZDGFb5n7KEA-3D-3DM8z9_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4=
BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sje=
z54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLp=
b2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv=
6SaAGbVSMhRjjf80a5R-2F3fCKwGYGdo-2BLt3YruU5SpUCHPtz99XDb6GuhP1ihIF5e9Mvzc91=
-2BG0i5hikci1WRhCxaTuUXLQdahoPd-2FTgTwGXXrQsRfGGMzzgNgCfRXXSJDRZXSVaIbYVq4w=
jUDI1-2Br4b0EmCvBjg8rZmrNWIAO-2BkyReRubiEPO2YlI-2BPN5JTOQAuGlvvyu32C-2B7YDP=
JfDX661FInJOvaWjwsGAN-2F2HT7GQmAB-2BGHaCyUu7XYBmQjDGQ1h3xJhWFWaG-2BTlUuFyk7=
CbRqpyN-2FZ7j1wXVu8ge-2BEnMnKBFIBi4U3TlzWC2ub" style=3D"font-family: Roboto=
, Arial, sans-serif; color: #1D5080; font-size: 14px; font-weight: 700; lin=
e-height: 24px;" universal=3D"true">76 Funds in Benchmark&nbsp;=C2=BB </a><=
/td>
                            </tr>
                           </tbody>
                          </table>
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Check =
out the latest version of <b><a href=3D"https://url6380.news.pitchbook.com/=
uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVX0AKTD=
xORKax-2BU6RGCCX06rgVisw-2FXKJ9mxEbaTj0iQ-3D-3DI07-_Pr966knuaHmaw6c7pKvB-2B=
CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE=
2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22l=
hqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6=
pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F6oTMM4mmDcX79Ni1zn3jQAaOgiiRRM=
Z436S6sRWgdk4mAqVx4I7LyKpGPfidapz51HtUnkHZ6jVXx82L1hirFqgSSWUv9m7rnTz9uBEyC=
2Zst4AWpUOHZVdy3KKvqBLbBEEooskhsVCVHnxlNnpFXKGAKjCRUVVoFIEDpI1P8DyXNOM-2BoW=
gZg550AL6Z3bsPD21fBP-2FPTqq93LW5LqWbZ-2BWCncj40yWmBNbdE2foHLhI918C84UI3ajms=
gZvGHbUk1VypTlvORRyWVIzBb6bccm4Strg5TxijpIfOs26N10" style=3D"color: #1D5080=
;" test=3D"" universal=3D"true">PitchBook Benchmarks</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">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>VC Deals</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">San Fr=
ancisco-based <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click=
?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVX0AKTDxORKax-2BU6R=
GCCX0hF5mTZDOk4-2B7cUfu9u7wjA-3D-3DMTEX_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJY=
L0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld=
7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-=
2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5h=
JWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F6r5AArRqFqNWJrUhD1VBw-2FdEVsf3fKkOX7Y8-2FU=
F-2FWsfPP2nw3hOfMiW-2B4CgdKj5Bqv-2FJB1r5dREAzMJjQDH8Rc9Yb-2FgS3eBqM5wA6U-2F=
Wmqo8koGOrcXfXb0NsDcKmOitqiHwo-2Big47J0etmWOu9IQgshmxwCATqRQEfcPWs8tzLni5us=
qnXVSjj-2BQZ1kf6GDlNLDrYkDQj4QUUfPMFLNvKpW3XWGCjqjQ14Crn2RvirD9hmG-2B7UH24L=
08O0iRQp5m5HGF-2Bii-2FM8N5PylfXz-2B2kmVm4Yf3y4BbcfrdxQeqLk" style=3D"color:=
 #1D5080;" test=3D"" universal=3D"true">Mercor</a></b>, a startup connectin=
g companies with contractors to train AI models, raised a $350 million Seri=
es C led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVX0AKTDxORKax-2BU6RGCCX=
0zrsl5bpQXcG6cWs9uKwAWw-3D-3DW8QN_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-=
2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2E=
O1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVw=
eKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvL=
L3EGv6SaAGbVSMhRjjf80a5R-2F6hvcRQ1fMvomJtsTxbh-2Fc5X0-2BiZ35w87kR3QdCj-2FDC=
MFa9rY2INh-2FIA4n82-2FOBzkPpuJPjQmgWyGlMZSYOjeN5JjPYjbJT9NTF-2FvUPDyZWFtQIJ=
39NNPGhqkXaE9nZ8XjbIG-2BWgmshYNIOrg6o1BN-2BBfBLQAeQ4-2FNNTTiuVDS68OpPWENo-2=
FhK-2B2Swe-2F8MvhPZ-2BVnfzS7jFCSjPtmE3qvjdZ-2BuBX0kYjSL-2F6JZXgkUGH8kk-2FWG=
853xRhOBnsn-2FLrHAQxL5tZiQiD5mCqCY50LO-2BzTf7Xd-2BqGZI4Tcq6WtLzN" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">Felicis</a> at a $10 billion =
valuation.<br><br>
                               Copenhagen-based biotech startup <b><a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVX0AKTDxORKax-2BU6RGCCX0HOffV5svCPZ1KM11LwA=
F7A-3D-3D0GNF_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U=
YA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZI=
Ebl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDm=
MunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf8=
0a5R-2F5-2FhR1fTIWgGRWYsOdG3uwlbZ2U4GMGEjRavnzQTH6HHldd-2F4Y22ucD3rRrxckQO0=
gssPKK305yx4lC7p3JW4verYGZmKxf2PBpoWs2GViGZFctPzC6TumtopX2ZIOGUZ31mCa-2FMdf=
oQ9zHuhJslTSit1MXytxT3HOr4eOSz0VG4yviAMCMslfoGQ8chFXQR5i9AY-2Fz-2BpqkHX-2Bd=
BIPVAN-2BttraWo8m6YMmtPlybJPYrgWfS453XVcNp0WCi59p1M8pF6Wseu06gn9bBRbHNhmY-2=
B7yAFcDcKiGph6x-2B35vpTi" style=3D"color: #1D5080;" test=3D"" universal=3D"=
true">Hemab Therapeutics</a></b> raised a $157 million Series C led by <a h=
ref=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4=
Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUkUHVQ29Guq-2FOWaTYAq6FqgQaISdmKwa-2FLbh=
a-2F1Oriew-3D-3DTdqj_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43k=
bMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK=
6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCd=
aKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVS=
MhRjjf80a5R-2FwjxNEKEqy9asnrjOI-2FxKtmMRtqMBNwUrrSYbmAk00jJDODkmUXsEHKpPDaM=
TCk9rwogYiVmzkIroRCQUFV20plxO0-2B8jbhRMcKk3wF8sPsgtXHUZGjuumDJlTzQmg9gPLjHd=
ZaO7i8p-2FUnbE3s08AIe4H1xDUAnfOJkElSRKrhs5gcHVtWHiiHDslHx4kB-2BRjFZsMgN1FPd=
LYEztUBOBaYwgY8aSEopTE0wzm9x-2BXdHcOs2k0PRa5k8NKLIZJmc3NkBpUBwPfYV2-2FR4OVP=
kntx2HjmHIBtzdulD7TjIscDr" style=3D"color: #1D5080;" test=3D"" universal=3D=
"true">Sofinnova Partners</a>.<br><br><b><a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzUkUHVQ29Guq-2FOWaTYAq6FqDI0po02ZNm-2BBnq-2FnW8XP6w-3D-3DXodR_Pr966knua=
Hmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0N=
yhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8Gg=
XrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8=
Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F0lDuBhw-2B1ig2Rn=
son7jvZd-2FOMLF4lAbprKq4JIcu8ZiG-2FiJADjCw4QHYLAn1ferPJ6cLI8UQvcCegRyl41JbY=
VqszV3vqiPj4S2v4KNDttOnkWfmLtdB8kK5yhka80BV0NcelW0xAYCArhrNG5caDMr59BJwa6y3=
kinpVyHBsagktwa4o38NODBXDOUK2AFvg6smc0FSi5orzkXuUjxOWG93qm9nIvepLIwKJy2LTp4=
4yGOKcdo3ul99s9au145B4S1hEgBEfZ3dWKzWqhwcWCt-2F5yMWWvVAEfLNiMm436u" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Stardust Solutions</a></b=
>, which is working to reverse global warming with sunlight reflecting tech=
nology, secured $60 million in a round led by <a href=3D"https://url6380.ne=
ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O=
NnvsnswouzUkUHVQ29Guq-2FOWaTYAq6FqVxasdR7vVg803Vz8bf-2B0ZA-3D-3DJSSm_Pr966k=
nuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eyb=
B0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA=
8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-=
2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F0ejYbAFyimmWb=
p0W-2B2lAUNjuJ6hrJm-2BU7Q8IbSM8cr32LpPqaE43w6hrBCte-2FfiEKt-2F66vF9yQP3u5QP=
P5YAFS-2FP8dmBzGTlhXiNbS0yt4gEEnTBCfWAXWuEgNAWYrA6IKddzSH6chnVC4eF37tJ1TZ34=
tQCC2avn5RvFg9HZFY3rj4DpdVjWMy4py7b-2B88LUbRqGXPL7OE5woSKrGlp-2FEuXIcZrfESU=
QoPwa86I7FRwu-2FaKWaFSWon0eJveVcj82sZJ-2FaQxne2kIZA5fwWNUIq0D0avziAVoA7mwpG=
uz35" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Lowercarbon Ca=
pital</a>.<br><br>
                               Israel's <b><a href=3D"https://url6380.news.=
pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv=
snswouzUkUHVQ29Guq-2FOWaTYAq6FqboaT2DNpCDEkLpdrLfBfuw-3D-3D67LB_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0Nyh=
lzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXr=
ZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jj=
he09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F0PUWmY-2BTN-2BuM7O=
R1v3Aro-2B-2BIkGTkGIKERWIQl-2FrPa-2Bvo-2FVobeqiwtHEgyGBJVB5KDW6yCJKUuyj-2FN=
aRlHbtw4XkpEY3lGSSA0gU2Psuykf6wj3cou0H1pBJ9DCGLCFojRzN-2BBAp6ohWm6HpgllzJce=
YJFCHsXP2Ss3v6-2F4rW5eY9uwMrM9xyUtCX2BvG0mJiGUh3TBEGHEGDs-2F2RCxbrR8EeGUR13=
wDgreyj4h-2F1ABWvoydqZw1-2FoP1ExHZLR72qSmjBeKcmSEC9WAPymiVizjHk8pmU0nYp6qOn=
OYTN21V" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Onfire</a><=
/b>, the developer of an AI intelligence platform for software vendors, rai=
sed a $14 million Series A co-led by <a href=3D"https://url6380.news.pitchb=
ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou=
zUkUHVQ29Guq-2FOWaTYAq6FqsLs-2BCZTOGrAIIk2Zwf2z3g-3D-3DsO7A_Pr966knuaHmaw6c=
7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSm=
KXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtF=
UKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09=
yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F9QOfFhuzcWsMTldPbNoRcG=
dm9knt1JmK9R25SW92JfJ-2FaVldThRbFCFcVFCtQZ04VK-2BfRecS6yD4LBIc3daqjQGYL1XgL=
OURhdTq1PbuTltcy23GCn1ZB6TmEJG7nXthi1fzDnluV-2B6lcXzJpF9b4I77cf0T3WsniIEj14=
LCq6qRvJMxWEHx8odEFqk49x201db28dZ5vtqD9wXkFqBuER212qlbj6IE3KMIG7Z7YErTlRCzG=
kCBq6T4e4iuMzNLYYltczGfrp2GwQHjl7KgbGuhQXKcHaxW-2BbobeWlrjj6" style=3D"colo=
r: #1D5080;" test=3D"" universal=3D"true">Grove Ventures</a> and <a href=3D=
"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7=
SpSWIrf6GFa-2BaqM7ONnvsnswouzUkUHVQ29Guq-2FOWaTYAq6FqA1qiRm1-2Beapfp-2BO41O=
3ubA-3D-3DgTP-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8=
UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZ=
IEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKD=
mMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf=
80a5R-2F2ZzSj2XO-2F-2FEx3S7biWYAiSqfsMIO-2FvKepLoJhqHp24ZVU3HUkIZOGss06CbGH=
wQfRZXejTN2ZgCpeShRXZmTYWqzaPdMmrRWstYIube03Zsryv5toydRXtU-2FZzCZiGfleqIBxF=
KKlkQfNO8x7HgfuwBaY9XPQaYUZ3HkmCFedE9jCTCyGb2ZM0U1FSzO-2BnCMffi1WbEWagHiAF4=
7AlpwP9Tu6U-2FuzwzXnNyhCP0w676l3nCZf5AsjySQyHxlq2A-2BoewFkOdBle-2FtbU6HG5Ve=
aENByKDEECMrNRD7-2BhsIArx" style=3D"color: #1D5080;" test=3D"" universal=3D=
"true">TLV Partners</a>.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>PE Deals</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUkUHVQ29Guq-2FOWaTYAq6FqIn6V3nTeybomsFscY1=
ZQ1Q-3D-3DwjdJ_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8=
UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZ=
IEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKD=
mMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf=
80a5R-2F7oebgY1-2FuK6QrPRpOEVI5snh1EpvQlYq-2B9CHoPO-2BRdCsO0EviYLL7jmwL2-2B=
ke96fbMMAi6iBpAvGYehMTTMPZN8ufn1jjSC7izCvDtS1Y-2FJCI5q-2F22Ns-2Fe1BxxwSIRFs=
JzYcRLqwdZES6lrhWh-2BLuJfBll-2BufraSQnKl0y1gk0an-2FG4JEQYKIhYDllC9d7d5pOFTe=
VNCULLPWNYtxb6xOmDMzvBrSV76pI1saDfuA-2F3dW6Ar7PdUPrHkhc1zbHjECtYkYzcpx2HooZ=
BwiW00wK9r8j6dMvcApS5gZiOK3wd" style=3D"color: #1D5080;" test=3D"" universa=
l=3D"true">Trian Fund Management</a> and <a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzUkUHVQ29Guq-2FOWaTYAq6FqGa2W2chDS11RHr7d7FHTgQ-3D-3DP8s0_Pr966knuaHmaw=
6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0Nyhlz=
SmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZx=
tFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe=
09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2FzgJWERd7TZSh5U2zMwv4=
Q3dxe27pFlE8yEwYrSQfaM4oreBHGKLVpwxUTBTqgZ1c-2Fb7mvHQO78WYQeqvQQSJJfrX17EQn=
ryhjlS9dh1d9HpE7kvaBSXcCjSBYZs67i8dFmnZrxj7LNuc8FWum1lZQ6nLD1WPITCoSATtqvIb=
nq2faX2oTwOcEh5RgcNfenuOJKrd8NjIRFfm0DtJdrSSu6M7T5ijEzCx6uHk2ZKNk-2BjjqakOS=
8Sg-2FQnrjH4g1cWpaVMoWNZOBFLLD-2BtZ0-2FM2DWll51MJEbquqxWrEFnTIjj" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">General Catalyst</a> offered =
to acquire asset manager <b><a href=3D"https://url6380.news.pitchbook.com/u=
ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUkUHVQ29=
Guq-2FOWaTYAq6FqDgfNPTr-2BIV5LsuX96k0u2Q-3D-3DWeDo_Pr966knuaHmaw6c7pKvB-2BC=
EiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2=
hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lh=
qq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6p=
umr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F8mDotbpOroSr4HE6VW8yP0csYrmGzVq=
6RMiXlvpkpUnrfjk0P3o2NncdhqIYXL7OpRGF4HNWtOIjpiXglH62odbUi5kroT3vbdX6EAIp-2=
FziFjTZ7zJFJCkIGHAEj-2B6163QusktLAhWu7P8rATlIUevmr9sV-2FI6Nv69-2B6x10okdRA8=
v8SIoOWWqeu-2FvvA3IK1ugyOciSP1HkY50rat1WXzLG4S4L2m-2BQp1WvU8dUcL-2BOZmDPWgu=
QWNRjK80g0i9ZUsHBUc4GQSX0Oe61csp3ZtEGhvGg3GWgOQy4WaUSJgZE" style=3D"color: =
#1D5080;" test=3D"" universal=3D"true">Janus Henderson</a></b> in a $7.2 bi=
llion take-private deal.<br><br><a href=3D"https://url6380.news.pitchbook.c=
om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUkUH=
VQ29Guq-2FOWaTYAq6FqUzzoH8MK6YT387LBE2EcYQ-3D-3De50Y_Pr966knuaHmaw6c7pKvB-2=
BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtb=
E2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22=
lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD=
6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F7e42-2FlI5-2F23xp4WKd2DTUm8pW=
ZeHMDQBTewVKiM3exhOn6N-2Fy-2BVG3V1v-2BCaumWEMiVOcwM0Mmj9rO2q-2BZ6XvyDDVaAec=
KzHO4sSDgM9OkVi3XC7prokuEaoFcPg9QiYsEQ55iPYO1zZ4bZbs5VB6kB2K8ThezeuntRCYhWu=
unVPi6CpjjQo9HwS-2Fd7fEAe9pp0lm-2BiPsMRHU0EoKeriAjrTrR8ZMEP-2BQFNaQXKRzyavB=
waAiK-2FqE1jbGFijR5h-2FrjEnrzplA3HR1IGeT-2BFI1pi3-2FYyPnAmCnK2oi0Aa2q7W" st=
yle=3D"color: #1D5080;" test=3D"" universal=3D"true">Vista Equity Partners<=
/a> invested $3 billion to acquire <b><a href=3D"https://url6380.news.pitch=
book.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswo=
uzXPN-2FbWaMXQD4eIdKekaO5j2k-2F1FWEWPKI1TqpCmzXQ4Q-3D-3DXopC_Pr966knuaHmaw6=
c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzS=
mKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxt=
FUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe0=
9yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2Fz02K26RNS4tbgTWgb83rD=
neErf26CRoRioOQwnYjNmKfZu0wHx95oRKexxOKxiAAb9m7gBPda-2FvDVd16TfLQCekkiaH0mZ=
zvuaTjHroytraiaEKxfGCe2EimDk8CZRnI2DmCv4YYxhgdKLsIzWjQGDClCZKeL8XEJCMG8nGbn=
7VhNBcTp5GidjQk-2F5jNryJD8h9uNI2Dc4qVAB82do-2FWWs3gXB8WvAqFCO0s3mrju6kovBTw=
H4ocVkiXUawDLniEMcFzUuk09fKXsPZhm1su8ggdcPO-2FnwV63QmUGeh6skn" style=3D"col=
or: #1D5080;" test=3D"" universal=3D"true">Nexthink</a></b>, a maker of dig=
ital employee-experience management software.<br><br><a href=3D"https://url=
6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-=
2BaqM7ONnvsnswouzXPN-2FbWaMXQD4eIdKekaO5jPCIy5FdXFWHltemjOFpy2w-3D-3DdbcZ_P=
r966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJB=
w9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2Fg=
emHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK=
57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F8nfZyGwW=
UMnLvMi9q3dJDnyBQ7k7JGOno8zFZUSr-2Bw9Dw-2Fo5MhWVRDpIojmy9CSK0t0WedNRRWXcntu=
jWqerUFTWvyBAzUAfmgpWvHs-2Fr6CV2XpgtaOzTjnnHT7hdtR90wwLgR6WZxqG2DKVYmBbZIhO=
Dz3B-2FGmy8Y-2BS2m75QOLMxvSF0gryvfenLh9jUM42MIHUOyjtYTW-2FEQXaSS-2F7X5uz8-2=
BRhjculfTpq2l-2BTzNi3CFN20-2B5BoByCOGg6huta1AgdcacHklru5PgXFtmhEhptRvrsWTjT=
eZKoIAcFtI2" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Gryphon=
 Investors</a> sold <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls=
/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXPN-2FbWaMXQD=
4eIdKekaO5jPH3ckaq6y-2FRtGX482NwhaQ-3D-3Ddetn_Pr966knuaHmaw6c7pKvB-2BCEiDnj=
5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgi=
FDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj=
1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2=
FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2FzM46YwxCPgMfzGjOUVXvwR7jtDirmp1nwYV4=
1Q15LS-2BakL6e7R-2FwmYot7jZQ-2FRN1f8Y9ThRrZPVwGcIimnJt6-2FhgR5fUdG3TvvOGYts=
lQLttwhTRNnhOC0U8QNfVheSXMZkc3v4WhNP8U3D7z-2B9wXGY0fvqde5u-2BRppoVsH-2FdAJb=
-2BnKs4OJeluoC2gU27QePguslKTW8jQMObGIcjHTYodK9nrmSb0Q1uNw4mUA0590N6cqRRQVH2=
dKAzyW4HZUrEoI5MHnUYZhcNZIJrpn-2FmiARunaXE70A9dBld-2BE0PW0" style=3D"color:=
 #1D5080;" test=3D"" universal=3D"true">Shermco</a></b>, a Texas-based elec=
trical testing and maintenance specialist, for $1.6 billion to <a href=3D"h=
ttps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7Sp=
SWIrf6GFa-2BaqM7ONnvsnswouzXPN-2FbWaMXQD4eIdKekaO5j2VPlBbqx-2BpejVlGdGjWRrg=
-3D-3DPn1m_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA6=
8NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl=
5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMun=
Q-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5=
R-2FwyvPNJH5B4wShcJTpbS2gZdJBmyIz4KHgVHsiMUMvjOLh5D-2FQTy63Oqu986dQN0C8EpzS=
1BxkgB-2FSwhc5gIUMBxKkuh2P0dsLQrLZVjHAFbmYiGWME3X2B9vCYQCtf-2BN0V3VlRbY0jbY=
KIOMjxeRNK4ycvz-2FL3oiQmWj-2BAXwDDaAA6lcerSpm5HW7ee2GxCCXHQneGlz6ItYLu7M2rg=
Jigq0Tlg6k4pCgCSJQ8ZfbK4dssVnK1XRjc7IEaz0AuQAyEMileky4-2BNWbRsEV6t0yKU711Bj=
zGk43aizYL7Ww1D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Bla=
ckstone</a>.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/cl=
ick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXPN-2FbWaMXQD4eI=
dKekaO5jTjIoFDTP1MN11pURn9OGNA-3D-3DWfDE_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ=
YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtl=
d7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp=
-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5=
hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F5agpz-2FgZIgkjEnX-2FtHMEXBsrZbQKZgCuSE7b4=
j2jKVGTdywl69nJfCqOCSqrpmnSW4A74RZn5VbA-2BkFtZoOEkEXVEUBWrCBNMQhrjvIjH-2F7Y=
DeV5at8ybloOUyfKRXm5j73rp2mLHEWIUOYecdEfAx6w8p0rvTlXownVVu9-2BdYeg8NOjKnMen=
pqMu-2FIWrx-2FBr6-2B3kilfNDSfMg6V4a36rDNK2L5Lt5c9vPDqbSVkdtFuvVT9ZLNvkjKxnx=
Levo1MPGCKUf3OVAQXLk8yH6jqjrmIQql7vTwZtgnIiMKMUqz" style=3D"color: #1D5080;=
" test=3D"" universal=3D"true">Dawson Partners</a> acquired about $1 billio=
n in assets from the <b><a href=3D"https://url6380.news.pitchbook.com/uni/l=
s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXPN-2FbWaMXQ=
D4eIdKekaO5jN3RtiskQ-2FJgaYrm6aW-2BevQ-3D-3Di2Bt_Pr966knuaHmaw6c7pKvB-2BCEi=
Dnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hr=
CgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq=
5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pum=
r-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2FxkJ0WYNcHfLTdlcardDeIzv0Exl76JQUm=
SnXa-2B9NgU4q46q2PL7Jkk3KPCdQjuBVRAdv4AxaBHCHwJevs2-2FOxU7MqrelXIxpJZEB9Ixu=
d08p4fc-2FO7sj6zaFsKmmiCBDNlOErKBmykSNzLyls-2BvbaqdpXXC20ayXWHUF1zkZuPkjQQB=
-2F-2BWYiGwdph62X5QLTfIK9QrOrW717gzS7tY8zIsx8hX2GgJsrNzEDcpN3SnrspJjCyhFGl8=
1q9JzA5OtB1GSpD2FiFPCngPBKKUMAur0-2FrshIXV61SHOTyMoWyqA" style=3D"color: #1=
D5080;" test=3D"" universal=3D"true">Hong Kong Jockey Club</a></b>, includi=
ng stakes in <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXPN-2FbWaMXQD4eIdKekaO5=
j2VPlBbqx-2BpejVlGdGjWRrg-3D-3DiiJ-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQ=
P-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc=
2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGc=
VweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDG=
vLL3EGv6SaAGbVSMhRjjf80a5R-2F2MraCJA-2Bz9ngbKkjPjF3JhRf-2BBfhT1hYhxZuC1zGJn=
1BBEiuOTUUJkwM0LAcZN1MIRdOvG6dfF4IMtX5whIozx9xKBDiV6mQIxPPFEkuwyEcW5fRtBZky=
wk-2Bib5D-2FplnlITwt-2FOxZXa6ONa0Ne5d9ccd2N8W-2BGNIJNwI-2FnCwDsw5v26izlgOX-=
2BFuL-2Bv7k-2BJ0usTKCGvqvepYqTKbSWnoizeEDwWWrz1jOVWc9lElEr7pzQeGbEsXUpef1bi=
T-2FSIEALLdH6NEGsnHV55V9aSwAjpRQTbukHTscl5wzB5q3QS" style=3D"color: #1D5080=
;" test=3D"" universal=3D"true">Blackstone</a>, Bloomberg reported.<br><br>
                               Singapore's sovereign wealth fund <a href=3D=
"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7=
SpSWIrf6GFa-2BaqM7ONnvsnswouzXPN-2FbWaMXQD4eIdKekaO5jxgUx6eYe9MK5ITyiiyMufA=
-3D-3DHL_1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA6=
8NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl=
5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMun=
Q-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5=
R-2FwrzmEiMgpOj0ZMETZMN1fFxBQ2-2BzByom-2FXbTllyetHY4dL9I-2FjX5XNI9QBFhhyl3v=
gM96PVz6UyzDQHKXcCxxFBNidB03GLNw4C8lcKwJdV3xBEl0qKJmFPLuvAX0Ok4xwWg0cXeJnVi=
92JvXlp0vnu-2BM-2FQw5JnKQSQFIx1fwJI2pYqEQeCdInvi3mljgTQIeL3zfKJv8uxP-2BkEIP=
xR2Cv24F2pwSzM-2BgHYguD9TliJi4w5INXEbUg4t-2BUKfwDuR1SKtEVBOBi24096kj3WcGJWm=
kYXkmxGhsHqZObYSYn-2B" style=3D"color: #1D5080;" test=3D"" universal=3D"tru=
e">GIC</a> invested $750 million in Canada-based financial advisory company=
 <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d=
4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXPN-2FbWaMXQD4eIdKekaO5jc-2BD0ok=
5BiTeMdwveGMzyqA-3D-3DoNmE_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4Bi=
QVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez5=
4ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2=
y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6S=
aAGbVSMhRjjf80a5R-2F5Jh5KoxlmlXjEzdbiv-2BuLCaLc74Lm3HOgEn2DabnrYO8xgzv9-2B1=
9D0N7tkSnziEwSZf90HRnmmew4YR-2FuP9hyRIPkJ1FbIJvfMk922Wqnw53E2o9-2FyVMxlo7jC=
8ser-2FXQeVZfpskUhJbtfzyrFXPr4xDA1YFqPKOMQECw9RfyUGyaHBYJhj5yZESS2GUoG1QVCJ=
fm-2FairiHB4fTxfFCWsn7Ki59Rqs6xXAGeh1IfkpYjaM-2F-2FqSxYn291xP-2FjSW7hOk0JAc=
kFq5Yp3ce60KVY1wmLDUR0fxBc4V-2FT-2FfnY6f7" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Wealthsimple</a></b>.<br><br>
                               Chinese PE firms <a href=3D"https://url6380.=
news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM=
7ONnvsnswouzXPN-2FbWaMXQD4eIdKekaO5j8uuq-2F6FLL8O4EBTRnIYnmw-3D-3D6v-6_Pr96=
6knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9e=
ybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemH=
rA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57q=
m-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2Fwagin6Le1W3=
d2LOqeE7ShSUGc0bZ9e1SKRwTIGMmj2Jj7S2-2Fhtk8y6UCPIQrZvmiYokNCsTkuu-2FYv0Czkw=
OVpT89rD3Nu7MYh437Dj9CjGDX8SGh-2B0YHXE-2F-2FRAqi3-2FKYQbfoWxan7A7k3S6jZsxMj=
-2FcYXPy4lmoFZGdLs-2BIBhtW8jGHJ6FYA2y93hoUGmBKuo0xLMhOy1nKzUxyFaCfkUpaPUjOg=
8mt6tn63mFDqiRXQaKiDwznzQO3ErjhmoDKP6nfsc96nuqcw9SYF83ujIQPrMkUEsQSKRLvLCff=
R4yM" style=3D"color: #1D5080;" test=3D"" universal=3D"true">HSG</a> and <a=
 href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br=
X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXPN-2FbWaMXQD4eIdKekaO5jioCND9vlW2YS-2=
BwKkqzN59Q-3D-3DXzQ-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43k=
bMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK=
6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCd=
aKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVS=
MhRjjf80a5R-2F4NTCTZ-2Ff0fUvC-2B6NTa-2FhckkWRm-2F52-2Fw4BN0aydaF3C-2FsmJN5S=
rqaVAa-2BBA0eagebAOylOQYu-2Fnmc8uC-2B4P4gXgEun2lKDPqxLOv3OX6fDR31ip3EKj8ncY=
qoyzzA740X6e1qxxD-2BuFZv-2Fs-2Ff1TvH3lXAkAwYfWl7soJGfoBRYXaciYfvkVxxc2IKsJv=
Vpj2gYxK1-2FQVMEJ1iREOl-2BL8ZKGgYjf2-2FJcKk8-2FQuMDyrm0Dvm5UD4sGvw29KDM2sHN=
Jjjzr8-2BlEkziGPsw4PrFZkXC-2BbQ40CZ5bmgEkkaVSYNjU" style=3D"color: #1D5080;=
" test=3D"" universal=3D"true">CPE</a> are shortlisted as the buyers for <a=
 href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br=
X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfl3OQc-2Bbqwodsf28qWx7fQ9VTMu2TMWhRPd=
YQa0pEAg-3D-3DZmPu_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbM=
cVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6U=
skjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaK=
zwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMh=
Rjjf80a5R-2F-2BIRWYnKQIF1MricX9-2B-2BKuZnAY-2B42U8rAArMO463lGomdHjtuhfJv-2B=
Gxkc3hFB82fEnzM0y7Y-2Fjsf8JA5r3UrQwO1yleaIQRFwGh8VEF0ZdqHp6-2FljSV44PinmKL8=
okIDgBTntNc9-2FbjBYY-2FTcPzNGEW0OOSdGQcfeR-2FDhpew4iRaO-2BGVfksMXdrpixCXuv2=
-2BPsSRk0WJ2ms8zaR5EXSFeJfis-2B7onrIE9PSmXzKYHgSU7B0j-2FxOwX0ibjnszwLzIvmlr=
4ac2omduWvvqRjVHD7f1sPGnobDv-2BU8GjbzX79m" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Restaurant Brands International</a>'s <b><a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfl3OQc-2Bbqwodsf28qWx7f4eHX-2BOdKDgyqYiTB2=
lBaAg-3D-3DI5aL_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf=
8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6Uskj=
ZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwK=
DmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjj=
f80a5R-2F3ljPknnoM6Jco0iVERHYGTAk15qSimg0aLgGhOrxh7aXH65mPCnCCLgFRq0Z0awTLS=
ChrqE1YcA83P3m9SWuHUy0JHzWX5plt-2FTgf1nz7rsDYXX3KO7Dz8ABMEHaHSsMdYkVi4ElbnY=
y9U8FaUcA7Enu8AlTFxzEoGXs6UzYduIAHRgfh-2BfZh-2B-2FG5nQSiO23sjWaxXyXRh7z85VX=
WXQF18edjw3lNCggIns57bTnmKTIYhK7tbQ6TunL2ToAI9x1NJMhS9a17z0QnQheLF5LvKoiII7=
FhlhQnPic4TXPbGm" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Bu=
rger King China</a></b> business, Bloomberg reported.<br><br><a href=3D"htt=
ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW=
Irf6GFa-2BaqM7ONnvsnswouzXfl3OQc-2Bbqwodsf28qWx7fqjRmc8lpff6FQKoJ3ttSxw-3D-=
3DKB3Q_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR=
mCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00=
o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2B=
jPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F=
5G9gOB9Ra0Zule-2FwNGfyGgmZHS68WzI-2Bnix-2FXItCimm0ahyh81Yo3McgrCyQEubJZrTn5=
S8wEQBdivF5SvbjIXcIPI6vCVZ1iS6wRy7XxBQyYcj35bBie5HY5L8ABI28xDdaW2kjCNrHyh6T=
61wqdT1gb7Lxr4Bp3zbCWO9rOwl0cTaiWyO2cQGRgKiUOzOYkVgfxm7KiKpJnckwPHa3mkDdImE=
VIj2EXkOzrwnFG7cVsS86TAbWrWAndULB5YIRkfM24fiJy5YdtiKPX4aRxRByWmQy98QZgc2TpE=
9ZZZU" style=3D"color: #1D5080;" test=3D"" universal=3D"true">HGGC</a> acqu=
ired a majority stake in <b><a href=3D"https://url6380.news.pitchbook.com/u=
ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfl3OQc-=
2Bbqwodsf28qWx7fHxKqPDF5Q0uOKwFLnuQyBg-3D-3DgEU4_Pr966knuaHmaw6c7pKvB-2BCEi=
Dnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hr=
CgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq=
5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pum=
r-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2FzWA2ifjBxGXzGszxl8TCaulTLcAHI4lkL=
-2Fd2aOFzS3-2BnB8MDl2GiqquyQJCTVvetumSf9-2BYLXyBi-2BuWcY2UlNVxkkrPYVTHIJafa=
k41-2F0klDEmxM6uQbfICmO6xOpOpanE-2B72yRyjQbHvoHnLOPvvgtnlC5fzbng1oXgnMlGSoD=
FUOu3VAMCZZMxqZUiKhUfQFhsPacQ2BHcO7ARsjsFyKNOsthyszqRo7uVsDgTWi4dIGZjt9IE7F=
ZJRQrivyqwMxRLwLVt-2BARCXY1K5pmqvgUPWNAtIg39bl5-2F5J8xx2z" style=3D"color: =
#1D5080;" test=3D"" universal=3D"true">Centralis Group</a></b>, a Luxembour=
g-based fund administrator.<br><br><a href=3D"https://url6380.news.pitchboo=
k.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX=
fl3OQc-2Bbqwodsf28qWx7fFIZtJqgy4BQVo9jHWPwcIQ-3D-3D4Dka_Pr966knuaHmaw6c7pKv=
B-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKO=
jtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWA=
j22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAf=
rgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F7Kq9evFUNaZc1CsO4Sk1UEizE-=
2FAFn6iOrVyOTdH-2BHbpV3dx21nXj7l-2FPVlPTa0xr0MEJiuDJwh11t9D2cFnqKB59vtMASA5=
9OeV4fx1PhU3YGdChmmAvnW-2BtlY9Q00MylBz4U-2BzDHAig-2BwMwlb6GlpUSAtYMqGma9aXp=
tmjmutAnZXELAvvyRSJiNEswGNkCiYwgXpLeslFzdA1Mbgq3JMSjAIRXQw-2BngwDRcwOYx10HE=
7WBzKEfnuyM7S2x4T-2B1SpT-2FwhTSC-2BCUr9r1O3hMrsFmWuYJG834QKbF7DrajIV" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">KKR</a> is in talks to bu=
y UK-based coffee shop chain <b><a href=3D"https://url6380.news.pitchbook.c=
om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfl3=
OQc-2Bbqwodsf28qWx7f4sIurVvAUfAj4NV5RftORg-3D-3DcZ5K_Pr966knuaHmaw6c7pKvB-2=
BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtb=
E2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22=
lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD=
6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F8wv2cbHwoBvc-2B5BIcZSKOzTI8WF=
T9ejAFmav5I7GvcTBAiNHNIk-2Fe7bcJUkTIz-2B92xXtFP4o9-2F-2FYp7tFwn1PQRPxVgwehJ=
bIXYvi44B-2FQfdn-2BUuKJq1vhjIZMquWFCUvyyGjnSnmvPZJ6QLPxAIJhVPyLay6oSfts4x01=
68UKZ-2BH2BVA2vkQCSN5sLTtQ0ODX-2FOTntNLMyR0rDbeI4l-2Ba6A7jL-2Ba-2BIMFqBHVM-=
2FPfx0PEV4jDmK10-2F1vYbGmbBHgwvzti8xgNUiIFLmIHi5tvrosPqWk-2FbFI6rjfkb38Fn-2=
F0" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Costa Coffee</a>=
</b> from <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3D=
u001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfl3OQc-2Bbqwodsf28qWx7f5K=
RiTGlJ3GkO2MwUaVx8fw-3D-3D22fU_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BH=
R4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1s=
jez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKg=
Lpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3E=
Gv6SaAGbVSMhRjjf80a5R-2F8-2F2o0Tadf68uZKSrd5jece-2FYJED31CK2XSVoHHvcwYg-2Fd=
QnE3UrMEbfY97p5reUSQa90C6HFr-2FyeVPF-2F32dMFnYNFaXv8UWYIhroR5BlxDlglcg8YP-2=
FnAREFSuTAAa08NWmctZLwU4giaVHbQAhR3MEK75FLno5uq2UByYK3DJDvOLtkxQCEswog-2Fsp=
8jSQ6EHGGalytT2jRftnBKuuY2kHZvCs0Ng5EeJZBXafdqzVY-2B4AmcCP7wk7nZgEYQo-2FumN=
tQXrh-2FzVd34FzbZUw4wXw9j45GquWj675SgfK-2Bh-2Fm" style=3D"color: #1D5080;" =
test=3D"" universal=3D"true">The Coca-Cola Company</a>, Sky News reported.<=
br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du00=
1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfl3OQc-2Bbqwodsf28qWx7fTQTkT=
R32cYBZjhgxJd022Q-3D-3D0L5o_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4B=
iQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez=
54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb=
2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6=
SaAGbVSMhRjjf80a5R-2F36kcabfotrnoc-2BkSeXQf77kycahYn6SXndsY7NhX2Hl1dtOJIyeU=
Vl8ip-2FlJgCCqVCP6E1chWnCKBSYKGvdIhEemGQc4EfAcXChuleUwbgGBVPB6sohPElRBjOhYi=
iWR74p3angukBvAHR1EhHfnt8GCQ32JxP5YIQmHkkc2Fn48RijikxUFlP-2FlKCZ2q89xnSaP9x=
EX-2FnqR0r0XMmWj7EXM4yz78E5HwIBSyUftxYPWXzDBuYlsXd4jt6ab9wU-2FdLt03ilvvU3xI=
y4oKNXRHXhLKpB9hLQMyo-2B-2FX00a5I3" style=3D"color: #1D5080;" test=3D"" uni=
versal=3D"true">Brookfield Asset Management</a> is in talks to acquire two =
inactive nuclear reactors owned by South Carolina-based energy company <b><=
a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B=
rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfl3OQc-2Bbqwodsf28qWx7fpiaXTJCRs-2Fd=
IM4J-2F842JAg-3D-3D_2gN_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54AL=
ssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5p=
uCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAG=
bVSMhRjjf80a5R-2F8SiXHwWY50-2FGMUb7hlv1BSXCNX0ASt4bXNatRciTte34dMEkUCUS-2Bf=
trQGIP27NVuZf4YfprJzfOGRK1J3eFnwmDJKJBvWaT8n8Z7eKAxmag35PW7GcIJFecgTVlnus8m=
b6URljkpE7ubPq2rkoXSUmuB39Edmj3UM9nCCv9j8jk9BNgNEKKk4zhPGTtxC-2BKIjOwfU5IRU=
uvEpt2GeexP8c2eR61aU6Yn1mp9B0NIVcVvnfb0VJ8fLbINen0L78acuOr4DROFeskpDhKlDk7d=
88ASgB4xd68hedB3clv5XN" style=3D"color: #1D5080;" test=3D"" universal=3D"tr=
ue">Santee Cooper</a></b>, The Wall Street Journal 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">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Exits</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfl3OQc-2Bbqwodsf28qWx7fzTqpyReqVa3nwDxcDb=
dXzQ-3D-3D_jiz_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8=
UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZ=
IEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKD=
mMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf=
80a5R-2FytfjotQiRevivoBJfjH0IgNZ43u3yqK3cTdBlfYjHY3DUFvXmWtxekRK0HM-2FKSwsZ=
nF7qRi1zm-2BT6wn1YyEyLCRXQxdeaQnicvOiwLpjW78Z5bI8f2bWWtYdizC83jIUWPwN2MvsyY=
zlGp55eEDEkDGspGYAqXrS7egG5GJRx12krz7arLE5Hl6iFs8pgpWDVK6MgWbRo0Ly8QzFRyrNs=
wqzg3ujPzaSwLksk4PEWYUT9eWZpJk6x28VVJgXG9LNH0jZP32quPlcW-2FbWhbcYZkJIStT4A3=
lUu8wQd-2FcAEam" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Cin=
ven</a> is considering a sale of <b><a href=3D"https://url6380.news.pitchbo=
ok.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouz=
UfDOU68L8QN0YmWfxhTbjpJu-2BfxiT-2FgFM74KNXXKzeAQ-3D-3DxdgR_Pr966knuaHmaw6c7=
pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmK=
XKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFU=
KWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09y=
WAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F-2BoIv-2BS0T-2BzOdaGg2q=
fleIjlWD3gXZZFc9V2Ue9Y9iQ8n3Us5HXcXqvzCDBEeh1UKNkec6wvtGkfl7xXvlLSeT7I8vywG=
boWYccPvDrkkdQsmOX4eNyOdfZpO8qF3ni1IR6PPIir3RDYMB745b6F8Oj0w-2BuPlDTYiCc2BF=
wu18mWza4xksQ1M66jq6HNXQxhrrCC9kVXR-2BGWJ1R7FLEJoQ7zDQmi0s8rizVbXYwVs0NOMuB=
heMGNDRrnW7125j9CyZRvmmN0M28RA-2FtisAN7e-2BlO2OC3z1GeyDLwHI6pQXwd" style=3D=
"color: #1D5080;" test=3D"" universal=3D"true">Think-cell</a></b>, a German=
 data visualization software developer that could be valued at around =E2=
=82=AC3 billion, Bloomberg reported.<br><br><a href=3D"https://url6380.news=
.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn=
vsnswouzUfDOU68L8QN0YmWfxhTbjptgm-2B5PwxCHz8x-2BDkGw66gA-3D-3Du_GB_Pr966knu=
aHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0=
NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8G=
gXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F=
8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F-2BUdWYRPC2X2pp=
v1GRJdP7GV-2BZdftBD0NthNcTl4JMupR0mZ86DqjRzEsIJpnwENXnK2Fc5T-2BtuRDXDsu5-2F=
ZNnf7CrsQNQH4dB6NdTtPn5E0coJOYNji0AHliMOzsfWENIHp9-2BnmTJtrlXRRG7UWPp9LvvrI=
9celqep2sVlnJFiQBrzY-2BbvTLVfUYzQltZpWB5rPBuK85HU0qEOKgglcrQc5uW0V2LSDQQ8sB=
U17ncAo2v-2Bd0wUZoHUVvPVynXBxwkZGSjE3UpKZQyK8XUxCalUkzG0e1mH-2BdvMd0d1iJh1J=
" style=3D"color: #1D5080;" test=3D"" universal=3D"true">EQT</a>, the <a hr=
ef=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4C=
uylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfDOU68L8QN0YmWfxhTbjpM7K5VE-2FDO-2FkT6BC=
ZYvLLNA-3D-3D6Y42_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMc=
Vf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6Us=
kjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKz=
wKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhR=
jjf80a5R-2F63U1GCQUfpO-2Fl9wiRjWBZAIuZztmmKRdGh7NC1QFrKT56Yxe-2FwQMG-2BIy-2=
Ff6ASTQZYKsAXDivyhOtbfCg9VKLiyYDGJZwDPnEsgX0hLj2MPFULeEZg9zSE4-2FIWBVJ3NHIS=
WzI3foRNst-2BXnL4DJ-2FI7j-2FsiC3BkbIOKZozfLHLULSkM-2BG2WTYVLZ7BDVAU0d1zx6CI=
bTPERSVBB8k39Gig-2FeD6v3c34ZHGgJrGNlzf8XXPjzqr9wxy2CH23JSXTr53QdDz-2BrRTAmx=
oxVcQ7-2FHQbfa84mg-2FvekaA9WavM2HCKa" style=3D"color: #1D5080;" test=3D"" u=
niversal=3D"true">Abu Dhabi Investment Authority</a> and <a href=3D"https:/=
/url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6=
GFa-2BaqM7ONnvsnswouzUfDOU68L8QN0YmWfxhTbjpikX8OdfHDwFT0H4hahVb8A-3D-3DD04d=
_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAm=
JBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2=
FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbss=
bK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2Fx7Rnr-=
2FCUykPvqpG1e8IVI4dxP5e-2B0u9gRCbJBIMK6n3tp20u1Ql84gx-2BYO65XJdhXR5kkskEB9V=
UA3IWCjt9ZkU3xg-2FMhueJWIKTS-2BjcgEWr4rkXn-2F-2BZFc79V6FR0Ei5t7vC3oU-2BHgub=
lkmlls3AaxJVeo-2FsR9gYth-2BOJeJFd2qMlgjjULJlK2v75jPYa9I-2BwodnHsTT1vKLaIybZ=
Jp-2FkJ8a4n3BlAg1vHZbEjKLzoa2cMTe-2BCdpxNS15SDGsI8lOzPJogwdrfv-2BI2gh9Sgfjc=
uy5h0GoAKBapsEmttDjWM" style=3D"color: #1D5080;" test=3D"" universal=3D"tru=
e">Auba Investment</a> are looking to exit their stake in Switzerland-based=
 skincare company <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/c=
lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfDOU68L8QN0YmW=
fxhTbjpvsy-2FiWsHLUP8tvu639gw3A-3D-3DwFHv_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uwl=
JYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvt=
ld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZ=
p-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ=
5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F-2FTs83dMvr-2Fv7ZwDYZn7B8Z5pIslFrZn7GwFu=
A5TZrABeOfdBf15fva2RiYaja-2BRpH3YfGXPW2za5t1CzJKVtJpHHy0zuh-2BRdPTLzzsSCZJZ=
OJy2Zjd1gWncoYRJSmP6TLV8N4N8-2Byj6WPPRpmb7ISmlZGR-2Bzq5A0naku-2BBH4rWKjBLM9=
nOfYWfvf64FwzKhL1wW7d7uS939ZDNOMxrERCMzyKQmnRpq9MWTOj-2F7US5F6SvWSl05Au8SwZ=
Q-2F4DLg58T2P58xUYNS5FZ5Ndq-2F59l9BeNXP2TYXV-2BBF0c-2Biheh" style=3D"color:=
 #1D5080;" test=3D"" universal=3D"true">Galderma</a></b>. The minority stak=
e could be valued at around 2.6 billion francs ($3.3 billion).<br><br><a hr=
ef=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4C=
uylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfDOU68L8QN0YmWfxhTbjpTPDxo60iT58Ju4Of4rI=
UxA-3D-3DZdiE_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U=
YA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZI=
Ebl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDm=
MunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf8=
0a5R-2F-2F27-2FLaYk-2FNb82MyGAit-2BEpEk6kO3qih2dIgZ5sJriu35waX8mwMGnoJr3inI=
a1SGeomTNORiZw3M33x4sUVka9bj4Q2AMo32dQsM9-2FUO774vy0aAia1FzWWRFWvaqcGN-2BWz=
w1VjsHfJfVsgHwV3gNVAkBFMSZ5tZ9LHDUEWQYJ-2FwU4f64UQEiH4jMxg9Gewoc23x-2Fv02Ii=
uy1aDsVky0Y6e2bVf0ezKwuqTeAUYl3wP46jLCkIIhTZvARrdJpeAYsBaHhuMDLCFX-2BzjVKtu=
3IxtvHBvO84vtLDPK34w8D-2Bm" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">TPG</a>- and <a href=3D"https://url6380.news.pitchbook.com/uni/ls=
/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfDOU68L8QN0Y=
mWfxhTbjpKY-2Fo0kuLsmF-2BqQNQqIIv-2Fg-3D-3DWE5G_Pr966knuaHmaw6c7pKvB-2BCEiD=
nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrC=
giFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5=
aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr=
-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5R-2F8vYT3ZGjP-2FNXFFPwuKT77nRPKS59B3MS=
Zuabe1ynZkZnxxPaFvHEfXkTqXEyrxNSmjHeINU9f5gNj3Z3Q-2F3NPdAeVtROgXsthwg1-2Bhh=
EB1LRfNLaYZJc6T44qjlJJVN1MJdW-2BREJ-2BWdAqSvihBK3yNbqndTO7KArF2OrpbRoMdJ0wf=
HsV-2B7p2j-2Fvwdi67TDqbFm5-2BnFv-2Bo8U-2FTl4YUdvgjUJJ1ZNfhStSmdBUH-2BxtE7FW=
4fQmM9OiY0aZ7dm2tahjiVAgJG9H4FUKhJ3bkFHCfm20KydfiJMr-2Bacb0bocYB" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">Apax Partners</a>-backed <b><=
a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B=
rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfDOU68L8QN0YmWfxhTbjp9Sd4y6SHYBJSUrz=
tBa6LNQ-3D-3DEiTh_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMc=
Vf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6Us=
kjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKz=
wKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhR=
jjf80a5R-2F7MZ3nggZzws8cB-2FEBEcrLtULyrc9f94RkTEQGmt9yvzBQgEIbs8kPOsr5qhETT=
acD8005gkUkq3kOU2bOX8J3Ww9MkNYYv58ICqr5Mzh1zWaW5kxa-2B4sE6N40ldLVoMmYXIhzDC=
NJJx7epGOOXwNUJsupXDmgfbKogg4JRxINGzUYT-2FUESDmqfQ6Uj7-2BKVzj-2BjxDKNPE7VkA=
zA1ZZLRd7ticH0-2FzmvwAMpgNNdjWQDadONmct6RQEvbQQhYoZH81QuxGF58XRZLGG-2Bgm2Pz=
gl4Bxz7tpN4fYSMmxmWeALQL" style=3D"color: #1D5080;" test=3D"" universal=3D"=
true">Fractal Analytics</a></b>, an AI analytics company, is preparing a 49=
 billion rupee ($555 million) IPO in India, 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">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Fundraising</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUfDOU68L8QN0YmWfxhTbjpXyY-2BeLBjyauUmsU=
Nfccl-2Bw-3D-3D7Hgs_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kb=
McVf8UYA68NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6=
UskjZIEbl5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCda=
KzwKDmMunQ-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSM=
hRjjf80a5R-2F0556gRiKuz9z5dHdTHTuEzThqnhOnKBE89EvHaUaaCWAPPD6joELuYyAchwn3N=
-2FDZmOXIKrCl83OlK9JjchDEmVIwxb1aAM8i6BWo7SrAzQ9Hu-2BPbFJMI1hMqm2pSCPiITVIq=
scbgOptmtZU-2BiQjY5VIungVYq65TtAWimcdnVa-2FyjG3iMe7XKvZfPNevqaXswvWTW0Z9s7i=
8d0PZkMAoaxm3jUMraGL8w7qw9BmE8UFCu-2BUJ9h37OT-2B1mZ9zJygV4wOFV2eSrYr3XJVRm3=
-2BOE23VSOhcG7pBb2VAqiRw8L" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">Sequoia</a></b> raised $750 million for its latest early-stage VC=
 fund and $200 million for its sixth seed fund.<br><br>
                               Energy-focused investment firm <b><a href=3D=
"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7=
SpSWIrf6GFa-2BaqM7ONnvsnswouzUfDOU68L8QN0YmWfxhTbjp3a015Y-2Fumad7re42TAhKRg=
-3D-3DH-Be_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA6=
8NVRmCdRAmJBw9eybB0NyhlzSmKXKOjtbE2hrCgiFDvtld7Scc2EO1sjez54ALssK6UskjZIEbl=
5R00o7dz-2FgemHrA8GgXrZxtFUKWAj22lhqq5aj1BbZp-2BGcVweKgLpb2y5puCdaKzwKDmMun=
Q-2BjPxbssbK57qm-2F8Jjhe09yWAfrgD6pumr-2FLOZ5hJWDGvLL3EGv6SaAGbVSMhRjjf80a5=
R-2F0GTvz41R14u7JAipaTlzJsOnwHIKqMiIIoX-2F0v0kTL6fs43n7uQweL1Cu-2FgdoCqQjZU=
brPM6uBjfY0cEBcV6fTI2-2B2ZY0qZzD2t-2Fu8VoUmefzr-2Bhoq9Bu8A7CxGI18sMwtkRgRau=
9uHgcUnR5OQ0lT-2BAsW7DfaiLorx9Uwll7ddrWGGo21JxpGjSh7UeYuMm5EMX73D-2BsLy85nK=
3zAkJmYvWL62-2FRmAE4ER5ILYSfLSGrCdKN1Ei0Aye2VeTwU0LLsJLo1ySr1-2FxKDt5RaWGF9=
Z4z6yexkHFHvAcGR-2B6-2BEg" style=3D"color: #1D5080;" test=3D"" universal=3D=
"true">Breakwall Capital</a></b> raised $125 million for its first flagship=
 fund.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Investors</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXtFA2tPG-2BmxHVaUoU3b6xZw7Vj-2B279H1VTg=
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I65U4rNzgXzn0JDFAZIwkYTEM0fZwYc9SVxdTZAyInqJNoNKgLCSKZlQQJoSMV-2FeDFzP5Ombq=
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uPpGaxrLf3jUc4GOt11NOTiwmL" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">DWS Group</a></b> opened an office in Abu Dhabi.</td>
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