Google
Edit File: 1762949355.M906814P1151043.server-619288.prediksijaya.com,S=185849,W=189178
Return-Path: <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com> Delivered-To: angker@server-619288.prediksijaya.com Received: from server-619288.prediksijaya.com by server-619288.prediksijaya.com with LMTP id MPbfNet4FGlDkBEAf7/9AQ (envelope-from <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com>) for <angker@server-619288.prediksijaya.com>; Wed, 12 Nov 2025 19:09:15 +0700 Return-path: <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com> Envelope-to: most@ponjosonek.com Delivery-date: Wed, 12 Nov 2025 19:09:15 +0700 Received: from o2.ptr812.pitchbook.com ([159.183.175.69]:39068) by server-619288.prediksijaya.com with esmtps (TLS1.3) tls TLS_AES_128_GCM_SHA256 (Exim 4.98.2) (envelope-from <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com>) id 1vJ9ez-00000004pqI-32eH for most@ponjosonek.com; Wed, 12 Nov 2025 19:09:15 +0700 DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=news.pitchbook.com; h=content-transfer-encoding:content-type:date:from:mime-version:subject: list-unsubscribe:to:cc:content-type:date:from:subject:to; s=s1; bh=5SGrkxa0HZ5O7UiZBGGCs7mSGXVwghTCrUbWAmQCO6A=; b=PFP5sp0i/ENCk9OQj7mEEEl1Wy0fFvB7zBiQMvk2FdrcEcXfWAGZBQXGOuP2vKE9HV5f 0nAKh2cQ55jCkcJqfBNE96P3h8JFaLFY5B699SVFdamWDI9NRAbHl1O5dnDxb06iHlrKk+ bRUROZLDPiyO5bipTk5TLVvf52Al2BBReTUtCgT2go0DqIbECpkZeBNZIQepu0eVGiEgez Uv0UjUnBlaHmBvhBT0j0qMTmeur4G3aChdTGDeYrwY7T/2yoHZpLoOqWls+1OShLwX1ZyT VYDqE8DzmvFpHRUWHXMmdrodeHEIn8pMRL5Eo5atwjP6FS4i045siS+r4UklzIrQ== Received: by recvd-7b5d7c7745-wj5vt with SMTP id recvd-7b5d7c7745-wj5vt-1-69147653-16 2025-11-12 11:58:11.173723521 +0000 UTC m=+13893899.189024291 Received: from Mjg0NTYxMDY (unknown) by geopod-ismtpd-0 (SG) with HTTP id DIxz2tq2SkezNxLha34pSA Wed, 12 Nov 2025 11:58:11.130 +0000 (UTC) Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset=utf-8 Date: Wed, 12 Nov 2025 11:58:11 +0000 (UTC) From: PitchBook News <news-noreply@news.pitchbook.com> Mime-Version: 1.0 Message-ID: <DIxz2tq2SkezNxLha34pSA@geopod-ismtpd-0> Subject: PE's European power surge List-Unsubscribe: =?us-ascii?Q?=3Chttps=3A=2F=2Fcontent=2Epitchbook=2Ecom=2Fnewsletter=2Funsubscribe=3Feid=3DABLZ?= =?us-ascii?Q?54MOPJL5Q&em=3DTPK2HUIWWCWW6MTTUSIG7EYYZN?= =?us-ascii?Q?B5PPXINB6DV2Q&ent=3DEJKJ2TTFOWZ2C=3E?= X-SG-EID: =?us-ascii?Q?u001=2EwjHNPkoEd0tti6dH8mhCZa5d7rLdiAsxLgSYARk73rxHPd3Aqlcm2Tnrv?= =?us-ascii?Q?pNBcRMFNFcwVOs7OA=2FjzaFr76g=2Fihk7Mk9320Wg?= =?us-ascii?Q?REmgUZj6VG1VSccpuVCISLUGnnfiWDfrpXTM9CY?= =?us-ascii?Q?bhP8TNIt9mpoSqOlLZu3TBj3A+WaL96Gg3RDNwo?= =?us-ascii?Q?UuKaBijz6SB+8ugvp6m7N6ZrPcX2D5ZuYo6vou5?= =?us-ascii?Q?N69QPnomENyyWpHHJbEV6s=3D?= X-SG-ID: =?us-ascii?Q?u001=2ESdBcvi+Evd=2FbQef8eZF3Br+BiVHMa6y=2FD0OxHyDTyeHBn4HmQMpF4Qb03?= =?us-ascii?Q?VKy+NsOif6qx82VoLgh59RtJ66WHiqUyA4Xrq5Y?= =?us-ascii?Q?WXO6JSqtbp12WrdaAkLnh28Jt8Jxmnok1sLKF0u?= =?us-ascii?Q?zLWj37o7s=2FF7gKGBLDujv4P++JPDzcXO5gztJp5?= =?us-ascii?Q?nZkKhVlwmN6WXQ7dqRx=2F4mHSMvulgHHO8WvhUOR?= =?us-ascii?Q?jmS9bVEgzd57HL0FI+GfuAFvGOQBdBigYbZocKK?= =?us-ascii?Q?wAaJLBD2QUc5xbQWwSHOTly+Kftuu1MFoqDelk0?= =?us-ascii?Q?3XQzIVsx+5vT9AmvybGnBmi5vmW5b=2FU4pezsAwr?= =?us-ascii?Q?LDgRtrNj0i+wpuewFWqNfvRx7zQf53A8w=3D?= To: most@ponjosonek.com X-Entity-ID: u001.YFoIgyol8PWrw0qKNaJxbQ== X-Spam-Status: No, score=0.5 X-Spam-Score: 5 X-Spam-Bar: / X-Ham-Report: =?ISO-8859-1?Q?Spam_detection_software=2C_running_on_the_system_=22server-619288=2Ep?= =?ISO-8859-1?Q?rediksijaya=2Ecom=22=2C=0A_has_NOT_identified_this_in?= =?ISO-8859-1?Q?coming_email_as_spam=2E__The_original=0A_message_has_?= =?ISO-8859-1?Q?been_attached_to_this_so_you_can_view_it_or_label=0A_?= =?ISO-8859-1?Q?similar_future_email=2E__If_you_have_any_questions=2C_?= =?ISO-8859-1?Q?see=0A_root=5C=40localhost_for_details=2E=0A_Content_?= =?ISO-8859-1?Q?preview=3A__PitchBook_Newsletters_Return_horizons_bri?= =?ISO-8859-1?Q?ghten=3B_health_is=0A____PE's_wealth=3B_carbon_tech_V?= =?ISO-8859-1?Q?C_funding_jumps=3B_ranking_VC's_busiest_players_Novem?= =?ISO-8859-1?Q?ber=0A____12=2C_2025_|_Read_online_|_Manage_your_subs?= =?ISO-8859-1?Q?cription_The_Daily_Pitch=3A_VC=2C_PE=0A____and_M&A_=5B=2E?= =?ISO-8859-1?Q?=2E=2E=5D_=0A_Content_analysis_details=3A___=280=2E5_?= =?ISO-8859-1?Q?points=2C_5=2E0_required=29=0A__pts_rule_name________?= =?ISO-8859-1?Q?______descri X-Spam-Flag: NO <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional //EN" "http://www= .w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns=3D"http://www.w3.org/1999/xhtml" xmlns:v=3D"urn:schemas-microso= ft-com:vml" xmlns:o=3D"urn:schemas-microsoft-com:office:office"> <head> <meta http-equiv=3D"Content-Type" content=3D"text/html; charset=3Dutf-8"> <meta http-equiv=3D"X-UA-Compatible" content=3D"IE=3Dedge"> <meta name=3D"viewport" content=3D"width=3Ddevice-width, initial-scale=3D= 1.0"> <meta name=3D"x-apple-disable-message-reformatting"><!--[if gte mso 9]><x= ml> <o:OfficeDocumentSettings> <o:AllowPNG/> <o:PixelsPerInch>96</o:PixelsPerInch> </o:OfficeDocumentSettings> </xml><![endif]--> <title>PitchBook Newsletters</title><!--[if (gte mso 9)|(IE)]> <style type=3D"text/css"> table { border-collapse: collapse; } body,table tr,table td, div, a, span { font-family: Roboto, Arial, sans-serif !important; } </style> <![endif]--> <style> /* Windows Phone Viewport Fix */ @-ms-viewport { width: device-width; } .mobile-only { display: none !important; mso-hide: all !important; } .desktop-only { display: table !important; mso-hide: none !important; } .newsGroup-border-mobile { border-bottom: 0 !important; } @media only screen and (max-width: 800px) { .mobile-only { display: table !important; mso-hide: none !important; } .newsGroup-border-mobile { border-bottom: 1px solid #C3C3C3 !important; } .desktop-only { display: none !important; mso-hide: all !important; } .container { width: 100% !important; min-width: 280px; } .content { padding: 0 5px; } .walkthrough-image { width: 100% !important; } .performer-title, .performer-content{ font-size: 6px !important; } .header-msg { font-size: 9px !important; } .pre-header { padding: 10px 20px !important; text-align: left !important; } .side-bar { display: none !important; width: 0 !important; max-width: 0 !important; height: 0 !important; max-height: 0 !important; opacity: 0 !important; } .line-breaker { display: block !important; } .responsive-img { width: 100% !important; } } </style> </head> <body style=3D"margin: 0 !important; padding: 0 !important;"> =20 <table lang=3D"x-pre-header" class=3D"pre-header" cellspacing=3D"0" cellp= adding=3D"0" border=3D"0" align=3D"center"> <tbody> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, sans-seri= f; font-size: 14px; color: #78766f; -webkit-text-size-adjust: none;"><span = style=3D"color: #78766f; font-size: 1px; display: none !important;"> Return= horizons brighten; health is PE's wealth; carbon tech VC funding jumps; ra= nking VC's busiest players </span></td> </tr> </tbody> </table>=20 <style> @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 800; src: local('Roboto ExtraBold'), url('https://fonts.pitchbook.com/ne= wsletter/Roboto-ExtraBold.ttf') format('truetype'); } @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 400; src: local('Roboto Regular'), url('https://fonts.pitchbook.com/news= letter/Roboto-Regular.ttf') format('truetype'); } @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 300; src: local('Roboto Light'), url('https://fonts.pitchbook.com/newsle= tter/Roboto-Light.ttf') format('truetype'); } @font-face { font-family: 'Roboto Serif'; font-style: normal; font-weight: 500; src: local('Roboto Serif Medium'), url('https://fonts.pitchbook.com= /newsletter/RobotoSerif-Medium.ttf') format('truetype'); } td ul { padding-left: 1.8em; } td li { position: relative; margin-bottom: 0.5em; } </style> <table lang=3D"x-main-wrap" width=3D"100%" cellpadding=3D"0" cellspacing= =3D"0" border=3D"0" style=3D"min-width: 100%; background-color: #F0EBDE; fo= nt-family: Roboto, Arial, sans-serif;"> <tbody> <tr> <td align=3D"center"><!--[if (gte mso 9)|(IE)]> <table lang=3D"x-main-container" width=3D620" cellpadding=3D"0"= cellspacing=3D"0" border=3D"0" align=3D"center"> <tr> <td> <![endif]-->=20 <table lang=3D"x-main-container" class=3D"container" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"max-width: 620px;"= > =20 <tbody> <tr> <td class=3D"content" width=3D"100%" style=3D"min-width: 100%; pad= ding-left:5px; padding-right:5px;"> <table lang=3D"x-header" class=3D"container" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> =20 <tbody> <tr> <td> <table lang=3D"x-header-subscription" style=3D"min-width: 100= %; text-align: left;" cellspacing=3D"0" cellpadding=3D"0" align=3D"center" = width=3D"100%"> <tbody> <tr> <td class=3D"header-msg" style=3D"padding-top: 20px; paddi= ng-bottom: 28px; font-family: Roboto, Arial, sans-serif; fon= t-size: 11px; -webkit-text-size-adjust: 70%; text-size-ad= just:70%; -ms-text-size-adjust: 70%; text-align: center;">November 12, 2025= | <a href=3D"https://url6380.news.pitchbook.c= om/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmw-2F8h= fzjstzkv7bVfoW3PprDuMjEHH-2FuxM4Xitsc0-2Fw-3D-3DuJsj_I3w5d9c01gkD8gLzFEofZR= -2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjl= i6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2F= DIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1i= Zh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2rrMvhDj5RsP-2F9-2BTzojuHF-2= F0RkUZC0uZ7WCRwTC1X60vIgv7bVS8Rl8-2Bgz68yNsTQ2kxcsloijtMCPu7wZ08fFWzbvPVG0m= ObUBkrPLcxxMTDbIRIpQMy2fVzWymYqbQMbsfkqdyXLo6M4gFB97LKVC0r-2Fg7GPic0yKsaoOF= eVT0HPN9HU0EHvQ2jMB0CEZVB9-2F7ivmesJ0YcWQEM9OtnwwWHX2O23EBDjBosFSq8Xu3MD8kg= Yg9goxktJscfcigb0NGoNvRHm31mNSOzmiPa8U-3D" target=3D"_blank" style=3D"text-= decoration: underline; color: #1D5080">Read online</a> | &= nbsp; <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrYCQ-2F7Wx1VdE7sYl12opJBSgX8wjgWQkjpY2yE70mtuFtQh5JMy= nEp-2F-2B0ZsygXiW0dASWMAkXrIC3kg-2BeC0SuDoyGjKHmOSdfo63E0RLyaXhmtZcu9qypgyx= Wwak1NhA0coLyWLpIGucErQpvbIjaXQ-3DWCNn_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBR= FCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy5= 00LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhW= OFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV= 0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2qe-2FT2glub872Vdz0Wnq6uLGbSXbW7ZGjtMhp4sb= LBLcNziY7-2BCWF2VVNEFliqAMaxqrDeCvKgPsyH-2FdEXXutSVclJQpPSSZCLOfXfO-2FfU2td= jxevG3w6747mNgUj3c8RzsB-2FWYfW9XH5NqnaZeMwKi7sq5V3rFUz4QHhUNaQai7rOkwgktQC5= JxWcj6m2efLuWmcv-2BwlqsYcJQwFt-2FxB6y6UT0XLd0xOaOy5i-2Bfih9j2T0cnvRN7EAsBJc= aXxh0Qg5tDj8LdPBEKblBlujCnCg-3D" target=3D"_blank" style=3D"text-decoration= : underline; color: #1D5080">Manage your subscription</a></td> </tr> </tbody> </table></td> </tr> =20 <tr> <td style=3D"padding-bottom: 14px; text-align: center;"><a hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzXmw-2F8hfzjstzkv7bVfoW3P3-2BRUJxramhygiUIKah94= Kw-3D-3Dqcpf_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0= m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4= p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0Usd= XQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsv= xD6KVCT2khiKqZrutdEtMFD5UfBoxy9awmc7Xy56n6PSM-2FKL-2F9w5Ev8tL-2FFtaMC0Xvizm= mih3YKK4vwHmn4nxaR5bcH1X7WPRWQipnp-2Fnt-2BTr56qugD7M-2FcDddMXgP2UL3jRQewEKZ= -2BJ9jpTLo86f-2F5wyOGNpYwD4EGnCb6UXRFXdgjeInZ3tccuEFUQGgsLfzO0m9KgeQIlmLEtj= hqxGedG-2BVvZstVOtUJdBm4piMrYFrmSSmt7jjIqbRtFVeXAhO27k-2BrjKd6L8fCkHN44GJkR= 6VBvDA-3D" target=3D"_blank"> <img width=3D'1' height=3D'1' opacity: 0; sty= le=3D'display:none !important; mso-hide: all;' src=3D'https://my.pitchbook.= com/ms/pixel?userId=3D3DABLZ54MOPJL5Q&eventSource=3D3DZQDXJQ6VUBAECQE7XY5D5= PSLQI&emailId=3D3DPVSJ4CAMKJBWA&emailName=3D3D6H3WX3QH7CXEMMMBQSMFL245ZG625= LDUYNYOD6M6QHVPV46EGQLU2DKV43QYFSZS&pixelPosition=3D3DUAZEVU3EPI6EYRHRSC2KE= HCFHGQ6ZMZBKVWWKQA.gif'/><img src=3D"https://url6380.news.pitchbook.com/wf/= open?upn=3Du001.4Qe7VL981gyAPMxYoCz8CBKmv7adpoGoGfpUfNDzw-2FIUFPDY6owZNjRg8= mspgm8j9w7aJYMF9b0exuY0R2DeDsdwC321BHxaZu3tmbXBlN4-2BkTmkNm7byCNt82qBZwqLzX= hHA9StSlD84pk5-2BAR0cIgH3-2F-2FmxVV4mc-2BhaPCvf1REH27cbkLZTaGPewUtoKS8GGIhi= 6UsLm9Xq48rZIFqufq1zsOiqMaKvPVc1-2BKCPZCf7enVlb7Cp7PdmYB-2BYyEkcVq-2BEh-2F3= NRkl9hbsw-2FgVHCvTp4-2B-2Fj2U8e2UHsbJBnk0HpVHHSpmGjY1EKH1djaEg9myedjngFY4oh= -2B6rH2owCh-2BJ-2FzSJSwN5AOjhJmz-2B62IZOW0d6R14ojQo68BKvJ9Wx7ZFCg4kPsp9o-2B= Jw0XCpgU-2Bz4QRBiELEV-2Ft6vSmMnS1IqImDpPWh8HVVehz-2FdMq9-2FK8r8dmANyoTkKbEi= jUWaAQq7oh6qvtn5EDicNCSVZM8PL-2FKFzPJcdehmsw-2FFACZRSoVrdVQvSdqL0y8WX-2Fnqk= bs77dPU7kdxh43moCIeBs-3D" alt=3D"" width=3D"1" height=3D"1" border=3D"0" st= yle=3D"height:1px !important;width:1px !important;border-width:0 !important= ;margin-top:0 !important;margin-bottom:0 !important;margin-right:0 !importa= nt;margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !impo= rtant;padding-right:0 !important;padding-left:0 !important;"/><img width=3D= "141" height=3D"39" src=3D"https://fonts.pitchbook.com/newsletter/pitchbook= _morningstar_logo.png" alt=3D"PitchBook"> </a></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto Serif, Ge= orgia, serif; font-size: 44px; font-weight: 500"><span><b>The Daily Pitch:<= /b> VC, PE and M&A</span></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 24px; font-weight: 300; padding-top: 9px;"><span>PE, = VC and M&A</span></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 14px; padding-top: 11px; padding-bottom: 38px"><span>= The Daily Pitch is powered by <a href=3D"https://url6380.news.pitchbook.com= /ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmw-2F8hfz= jstzkv7bVfoW3PeCZooaRCHJn8-2B-2BZ-2B0qkATg-3D-3DkwZS_I3w5d9c01gkD8gLzFEofZR= -2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjl= i6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2F= DIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1i= Zh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2gfA1Frc4sp5QAZ8Ylp6e-2FDR7B= eRr7SLg9ixGqNms84OD6msEH646Bf56-2FIUIOK-2FTvtFsAOotYZhdaEvjKRMVDS3fq-2FqAWq= pkS1TvshnVG1dvVnSz3yOWBRZQHT8ilQsEwzigXTZhIO-2BhbXKmeM2j4NvpJwXeVaLtXxjnO0a= GFFmHDy8BcxuF80KEeC0L8lWKBW1FLmtbAlVMXqa0X02Hpi872pbTWXPeJSJ6DGmlRD6Ul9y9Sm= QJ-2FFbIUleDXUZ0NzdlGXPNxbrT27TRafJyHE-3D" target=3D"_blank" style=3D"text-= decoration: underline; color: #1D5080; font-size: 14px; font-family: Roboto= , Arial, sans-serif;">PitchBook=E2=80=99s</a> industry-defining research an= d best-in-class data</span></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-content" cellpadding=3D"0" cellspacing=3D"0" bor= der=3D"0" width=3D"100%" style=3D"min-width: 100%!important; width: 100%!im= portant;"> <tbody> <tr> =20 <td class=3D"content" width=3D"460" valign=3D"top" style=3D"ma= x-width: 460px; padding-left:5px; padding-right:5px;"> <table lang=3D"x-main-content" width=3D"100%" cellpadding=3D"= 0" cellspacing=3D"0" border=3D"0" align=3D"left" style=3D"min-width: 100%;"= > <tbody> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td lang=3D"x-advertisement" style=3D"padding-bottom: = 20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzXmw-2F8hfzjstzkv7bVfoW3PzccUAlunVGGyGbeGuquszA-3D-3Dt= HOe_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5= -2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYW= dB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjt= BcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2u= wCXR0WWNZpTW-2F0py3pwqSJ42rJICkMWbrnt3yPvnTWnk39HdnmIhLCnLKMdQkQRIhOnXA-2Bm= D1g3SG0WNkFWzswWI-2FxYEhNmIG3qJ01Nu8qFun2dPXF8oG8PhJ0NoEnAz9Uv7RfcieV-2F6pi= G5HLe-2BrHQtBGpxMm1nmKFhVRD7bvs0N4r5cciI220gbKVjjfwoyzbjtEyxg0bRQ-2F-2BC3Vw= 3w-2BVp6rNzvZ5fqiXBlVj5ecurcUflEMH0V-2FM5JP6e6Inu8A-2Fz0CqosBW-2FDcp0MvAw8-= 3D"><img width=3D"460" src=3D"https://img.pitchbook.com/ads/ad4366/SVBHBA.j= pg" alt=3D"Ads" style=3D"padding: 0px; margin: 0px; border: 0px; display: b= lock;"></a></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table lang=3D"x-content-area" cellpadding=3D"0" = cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table lang=3D"x-content-area-main" cellpaddi= ng=3D"0" cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td valign=3D"top" align=3D"left" style=3D"pa= dding-bottom: 20px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;"><b>Good morning.</b> = Today's Daily Pitch looks at improved private capital returns, the resilien= ce of health-conscious brands and <a test style=3D"color: #1D5080;" href=3D= "https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzWnNF-2B-2FPR5VhvRwyvGJHfV4df-2BTIVSjYhU92MZFfX= kNCA-3D-3DHe42_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRw= O4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0U= sdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpX= svxD6KVCT2gVzJv-2BStBT0Pon-2B602WURYbON7iwwhyF6-2FAJhGCvEN2SOHUsy-2BuBYHoks= HWktJWB8h4DDBpA0ugnpwyh4MlFlqAbxxy6bphDxyJKfj-2FYMkRj11c7yBOyYOX0W883jN-2FQ= HS-2F-2BzpRA3DEWmh-2BbMVRao2OIdDT6SbTPHZpuYgkDOzc-2FhgKSzwxnhNI2mjMpJ153Nh7= UBjpotD-2FPPYtg9s0CIRgbKKjebBeHuf9FBhJSLAGlPCdDaP1uHG54EuSWkoT5Atvup1So8F6T= lVMYru92nc-3D" universal=3D"true"><b>a funding surge in carbon tech</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> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Was= this newsletter forwarded to you? <b><a href=3D"https://url6380.news.pitch= book.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWn= NF-2B-2FPR5VhvRwyvGJHfV4Qz1KZdqhdoGyOirghJooIQ-3D-3D9e84_I3w5d9c01gkD8gLzFE= ofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8= MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7g= K-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLA= QG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2jGbuGJ-2FKqb-2BMv-2F3cF= -2F3S7afVh9xLSGng2RXyWLLZUojIXujszFWRt4icOmgoxJrYKfIVPMiQ-2BLjMegeUmcaJavOE= re5r06FUQDFOGY-2BQIgk-2B6T35vRAz-2BwPIOuH6tuFhqBMu9QtAhDZ3u5rNyBg2fsLHEYul8= MRcHYQK62kjzSMKR0UdfwXqnVjC96EeOECGJl8h0FaYYBkyTNvQTQDI-2BabgdAbGioUwpYg50B= Cw0t-2F66uQtVPvJwnRuSJL8E5jH0P8wOgjww-2Bj74dx-2BI3-2Fbz8-3D" style=3D"color= : #1D5080;" test=3D"">Sign up here.</a></b></i></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_574598" id=3D"n_574598" 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;"> AI power demand fuels PE deals= in European energy </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 = Andrea Gaini, Private Equity Reporter</i><br><br> As GPs seek to capitalize on surging electri= city demand driven by AI and data centers, PE investment in Europe's energy= sector could yet set a record this year.<br><br> According to PitchBook data, as of Nov. 10, = the sector has recorded =E2=82=AC38.6 billion (about $44.7 billion) in inve= stments across 245 deals. Deal value is already above 2023 levels and, if a= ctivity continues at the same pace, total investment is expected to surpass= last year's =E2=82=AC42 billion, marking the strongest year for energy inv= estment in the past five.<br><br> One factor driving investment has been the r= apid expansion of data centers, which has transformed energy demand across = the continent.<br><br> According to Goldman Sachs research, Europea= n data center power demand is forecast to increase European electricity use= by 10% to 15% over the next 10 to 15 years, with new data center capacity = potentially reaching around 100 gigawatts by 2030-35.</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-2BaqM7ONnvsnswouzWnNF-2B-2FPR5VhvRwyvGJHfV4W9bEg= wEUYCsmaWPzSc4eoQ-3D-3Dwcve_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t= 1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBc= LFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v= -2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjP= yMrpaJu-2FZpXsvxD6KVCT2lRVlz8zYus3UqtCaEvmyFYXgCaZhFiN6SCElFxug9PgkgVYrTZDt= s-2FBUMIJQ66KmITvRcJbrN-2BtHdGbCs4E-2BELPyoZYxoSVUGdK0TgytWO7kjFooZyVStqpJD= RFmrZ-2BGH-2B5REIX3KL9PgX2t9czIKvH5NI9uJ82TXAPtfPa-2FoaHXmcFed1pU0Ldo-2BcqT= nUwVUk79b2r3P-2B4QddRsMy9U57MZE2j3koGgfEsVYUOx-2BpbmdsKx21PEbtEgxRT2PYBVrRF= nMhsauKM15am8fc7wYk-3D" universal=3D"true"> <img align=3D"middle" alt=3D"" = src=3D"https://img.pitchbook.com/news/71325.png" style=3D"border: none; max= -width: 420px;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">PE cap= ital flows into the sector are also supported by easing monetary policy acr= oss Europe, with both the European Central Bank and the Bank of England cut= ting interest rates this year. With inflation broadly in line with expectat= ions, increased economic stability has boosted dealmaker confidence and low= ered financing costs for large-scale projects.<br><br> On the other hand, deal count has decreased = significantly compared to previous years, reflecting a broader trend in Eur= opean PE toward fewer but larger transactions.<br><br> Foreign capital also plays a significant rol= e. PitchBook data shows that =E2=82=AC33.9 billion worth of deals involved = foreign participation. This already exceeds 2024 levels and is on track to = easily surpass 2021 and 2022, making 2025 the strongest year for foreign ca= pital investment in European energy to date.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzWnNF-2B-2FPR5VhvRwyvGJHfV4W9bEgwEUYCsmaWPzSc4eoQ-3D= -3DIgbs_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs= FvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88Te= rSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVd= QRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KV= CT2kBH9ZoyKbWZWaMJKSCr5AxePl6tYW1t8LRPokTsNY4rUmXbDtq7PU3udyKCYke3NtpG9q3pQ= KlY-2B6nazJSr-2Bl7x3Vdxnf4TlE8GKoDkyY8xt6lLBq8d1J9-2FpqmEbVZjLPy0P4Ps2al2Gk= sgF93a0PI8-2FiAO0E4olGjTy57j2qvOfxU4cwE2h3ebaFeQhGqpbKJWnSrl6b-2BaMxRSdksSO= XJ9fnf9sjSIUK1xUz3JGv9Yw3MVt1zp2DesP1eAg18Urv9q4NZQESwa-2BMd12I69CT4-3D" st= yle=3D"font-family: Roboto, Arial, sans-serif; font-size: 18px; text-decora= tion: none; color: black; padding-left: 3px" target=3D"_blank" universal=3D= "true">Share this article<img height=3D"24" src=3D"https://fonts.pitchbook.= com/newsletter/arrow-right.png" style=3D"vertical-align: middle; margin-lef= t: 8px;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWnNF-2B-2FPR5V= hvRwyvGJHfV4eBdKNuR6fe6-2FUYaiWq0D2Q-3D-3DsOqL_I3w5d9c01gkD8gLzFEofZR-2Bh6V= warHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ= 4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr= 1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSE= eMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2qBv6jyW8MMbYhZxs5mjEKhggZCVcOmbnA= RfXk6uPjl2P7zSocVwvTxzgYYJCUBac47r-2B1ap81yQr8UrnBUtRP63r46JsYzokwJLYtjEMXM= qK-2BtThvsfqDDWGReL29Hjqf0gh-2F4VkEMGzo9zM9ShqknD6KmVij-2B6wPMBsODiPHG-2Bp-= 2Bb2mdjKmBUHj4HyGC9OHBCnyRTrQ0Ww7w-2F3DzmG-2BaBtGQDQj1MDj3oZnQDUmp7-2F6-2FK= r3vQbUDCSIstOrup23kcA0DdzUfBsvNdCIjed2Ps-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Q3 2025 Clean Energy VC Trends</a></b></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>A message from Moss Adams</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_574406" id=3D"n_574406" 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;"> Investors balance patience and= pricing as private markets steady </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"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"right"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" style=3D"float: none; padding-left: 15px; "> <tbody> <tr> <td align=3D"right" style=3D"text-align: righ= t"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWnNF-2B-2FPR5VhvRwyvGJHfV4-2BpimZHUPJ= i-2FkpdbTeAQtKg-3D-3D5A0C_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLF= FROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2= FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyM= rpaJu-2FZpXsvxD6KVCT2oAEBjP1O1k9-2FYYvLzmoL6kq1yoMS-2FSNDxBoQvUiTKPQ-2Bcb7P= RcpTMBz9Z41yrwrgFvZ3gs-2FeUQFqIor7drLfiflm3Ppgea5p2y-2Fp-2B5OdW-2BJNfGY6FwV= RHBkptZI75oqufshK917w4bHxHMCvQdp-2B-2BlOhT6M7wPBRULdXLIJgoxypRwvsbEpWTE8-2B= ttJIM4uWHfr6ZY8n1-2Ffj2Pa5eWVX0-2F-2B0eTQGU8t4jJRIzOdIvUwQvmaV9mAjajdwlM-2B= 57DvzN3Pl2t5lAZ5qAfNtOiUSZM-3D"> <img align=3D"center" alt=3D"" src=3D"http= s://img.pitchbook.com/news/71291.jpg" style=3D"border: none; max-width: 420= px;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table>Moss Adams=E2=80=99 latest report tra= cks how investors are navigating a private market marked by valuation disci= pline, selective exits, and rising insider participation. With over 90% of = venture rounds pricing higher than prior financings and PE firms holding mo= re portfolio companies than ever, 2025 has become a test of patience and po= sitioning.<br><br> Key insights include:=20 <ul> <li>The share of down rounds has dropped from= 15.3% in 2024 to 6.4% YTD.</li> <li>Late-stage venture accounts for more than= 75% of recent down rounds.</li> <li>Insider-led VC deals have reached a decad= e high of 9.1% of all financings.</li> <li>PE holdings hit a record 12,552 companies= , with longer ownership compressing returns.</li> <li>SaaS and AI & ML drive nearly half of= 2025 exit value, while life sciences trails prior-year totals.</li> </ul><a href=3D"https://url6380.news.pitchboo= k.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWnNF-= 2B-2FPR5VhvRwyvGJHfV4-2BpimZHUPJi-2FkpdbTeAQtKg-3D-3DAJ3L_I3w5d9c01gkD8gLzF= EofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD= 8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7= gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yL= AQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2li7TQk4oULZnbWQZaHTos4= UvgAHPUxxJTjb-2FoFyd4S7Z0LFlJVSgzLgKlVZAloaJC8Abstbws5H912sAUBaDQzOocVfI2sp= 29lpDukZJJcPcRv3R21uXBs2r3wm43UnBLqmx0aZgkg-2FFAK5pWpEPRloT1bC3GXKPrBe50nDX= 2f-2BPp7Qs9U4L-2FzxP6NXifpCaHi8ttL6UMXUKaVMhPyfk2Znpn97QZIDNR28yetM63xMjGcZ= GgYoppV-2BnCgKLxcuU0HyRVHKerKa-2FAz8LjGJKJc-3D" style=3D"color: #1D5080;" t= est=3D"">Read it now</a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Catch Up Quick</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=E2=80= =A2 <b>VC funding for the carbon tech market hit $3.5 billion in Q3</b>=E2= =80=94jumping 40% quarter-over-quarter amid a wave of mega-deals. <a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWnNF-2B-2FPR5VhvRwyvGJHfV4df-2BTIVSjYhU92MZ= FfXkNCA-3D-3DtpRa_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeU= gFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haq= yRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dV= f0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2F= ZpXsvxD6KVCT2vHcIotvD59cD07cP-2BIro-2BHvbtdesut6j5PaUvwGVDOX-2FNvm7seo6Z4pF= FENkcXcmsCW6RcI7raGwGfLUh3eAvxkAYSnzSy3fxw0bduR-2BRoPtBks3ziKbUbkoIub0kEt9n= fUyg8aVw9aWZ25HDb6-2FZroagHx1zvXjb3kMOcvW3mKo3DphmbEtwhmFnFsOXsHCBmWAzu7qrc= vxH8clTTB-2BPm0TIR-2FbkX7FmcoRgfRAuL27Dmx7Xg-2BD0qZxhECapRomBt1EwRY-2Fi3b9D= D7t6mZIZw-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>See= what else our analysts discovered</b></a><br><br> =E2=80=A2 <b>PE dealmaking in the consumer p= ackaged goods sector</b> is dipping, but premium healthy brands remain resi= lient. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWnNF-2B-2FPR5VhvRwyvGJHfV48zM= 01sAlVLrpIRueEM3Zhw-3D-3DngYu_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F= 3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmC= BcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd= 9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2F= jPyMrpaJu-2FZpXsvxD6KVCT2u7PNOZfteg1VG61UfZxIVmpi3mTpPYRHcxF6zF8tyTOwt4c6lt= f1qTJWBppru5tD23Vf1e3yvjnUfZB0lJOw4SGOwykvKZz1ySXJZKm-2B-2F2XjtPV00LYR-2BlW= ZVykhg6qDdoVYefAo-2F0xgs3ZVqEcGOFwLMAASgnvo7vF-2B3SjnGyeCTEzgHXu25G6HLJSPat= -2BB-2B3hJS8aMuF7Oi5I4U6s1oDj5FNKrfOk0FmyjcCEy6-2BU7IhFkWc-2F883-2FO58m7Pqy= IvbBgh2wy82D-2FsmndRC0K9E-3D" style=3D"color: #1D5080;" test=3D"" universal= =3D"true"><b>Find out more</b></a><br><br> =E2=80=A2 <b>The PitchBook-NVCA Venture Moni= tor</b> now includes league tables for the industry's most active investors= . <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWnNF-2B-2FPR5VhvRwyvGJHfV4eBBM4vYw= 89glNNfEJn6fZQ-3D-3DqDZS_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFF= ROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2F= NjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMr= paJu-2FZpXsvxD6KVCT2qHeAJFx07BERwHMtH9Q9ynk1EFic2ZAPFwvSSOxSGofg44ec5ALsSHP= zeksgQwUNfhSsy5Vr-2B-2B4Ylzb5u5a9TNzdShRlzm9V45sz8g7XHcU7ToreuXc-2BMs7WjJvF= bSop9JppFmdf-2FaDaYow-2FSy8NeqW1W1snTxpqal9munea5GmN9r0VGZI6lLpEfygJ1AJ49Xi= -2FZf-2FTVhxkm4jRddtYqxgYA8pc-2BXJRUfeqA4lpkkuzmBIvPsa-2BGd8yRp64sklKVBHTn1= wKkXJm52VpSHEYkM-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"= ><b>See the rankings</b></a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_574604" id=3D"n_574604" 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;"> Clouds begin to clear on priva= te capital return landscape </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 = Miles Ostroff, Associate Quantitative Research Analyst</i><br><br> The return environment across most private m= arket strategies has improved notably since early 2025, according to PitchB= ook's <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du= 001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWnNF-2B-2FPR5VhvRwyvGJHfV47= S1gv-2BGFOAxhDmUNaMkP4w-3D-3DAGBo_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmz= y-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZN= NqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawi= KPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWC= a-2FjPyMrpaJu-2FZpXsvxD6KVCT2rbElIftRk-2Fx7OaPy7cXBGDmZZCy9iBYqr2X8k1IJHzR3= um23PgoL9oCAKV38FMSffjUXEifm3hULm-2BOoT94gniGAgmffH1evD7Q4eMh4t-2Bf5WTB5zke= UnTaR0SBThf-2BItYp3MPcKnr8yO8NXeg8sJaEVISDKmS0pbYw2gZAhbZopO1nQJptaKEs7lIro= CnCJf2NTqkD-2BGEpqywTT3egZEKIUUOeWBy9Il2k5GmexjnUot9rmdHI3QvFpm-2BHYvBNDPMK= invzHQ2kcqhdzhv-2Fcpo-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"= true">Q3 2025 Private Capital Return Barometers report</a></b>.<br><br> The Barometers bridge the gap created by lag= ged private fund reporting, using macroeconomic and market indicators to pr= ovide an early pulse on where real returns are heading next. The latest rea= dings show a meaningful recovery from the lows preceding the April tariff a= nnouncements, driven by rallying equity and credit markets, stronger sentim= ent and looser monetary policy.<br><br> In aggregate, all strategies but one registe= red higher Barometer scores in September than in March, signaling a more co= nstructive backdrop for private capital. The readings show that conditions = across private equity, venture capital, private debt and infrastructure hav= e strengthened, now sitting within the neutral range that reflects average = expected returns. The natural resources category was the lone exception, we= ighed down by softer commodity prices.</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-2BaqM7ONnvsnswouzWnNF-2B-2FPR5VhvRwyvGJHfV47S1gv= -2BGFOAxhDmUNaMkP4w-3D-3DCR93_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F= 3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmC= BcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd= 9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2F= jPyMrpaJu-2FZpXsvxD6KVCT2pNIJauFK3ChxoyujLl491pDCmXjL2SLsoXvCXM2pIjWsDbmS22= Heejmy3VZ5aBbNVp8yaZkBG4ceOaf6vEMxkl2fNzm4OVx2ucou6-2FTdINXoA7CWC4OTRLmJlRi= Lk70Ktw6NVsGzNCKF5kZCjxiQzHYEKN5VjhpXuAJqPdsQtFF-2Fe3mBkqTQRHEMxD-2FJNXy-2F= kDkvqHPhcoTNrz573ZmQ-2FrefFCnZGZXJ-2BBDPhAobGntHXhqcpJqiizl-2FJwcSsOqzOWj12= BUEm87f39shstT8ug-3D" universal=3D"true"> <img align=3D"center" alt=3D"" sr= c=3D"https://img.pitchbook.com/news/71326.png" style=3D"border: none; max-w= idth: 420px;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><br> While scores remain within the neutral range= , the upward shift underscores a stabilization in market fundamentals.<br><= br> "Across asset classes, improving equity perf= ormance and moderating volatility have supported stronger Barometer reading= s," said Nathan Schwartz, senior quantitative research analyst at PitchBook= . "In general, the prevailing economic and market environment is supportive= of returns across private fund strategies."<br><br> Taken together, the latest results suggest p= rivate markets are entering a steadier phase. Return expectations for Q3 20= 25 remain near long-term averages, but the upward drift from March signals = that the worst of the April tariffs' impacts may be over.<br><br> To explore the underlying factors driving th= ese readings, allocators can view the full Q3 2025 Private Capital Return B= arometers report.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzWnNF-2B-2FPR5VhvRwyvGJHfV47S1gv-2BGFOAxhDmUNaMkP4w-= 3D-3DIsCc_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8P= zsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88= TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQO= VdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6= KVCT2v2AjEsKGqGMmjX0ngW7FglEzZjPUzjnryZyx3to76zUzW5V1-2F9kepXNF3fmDjN3ES-2F= m-2B3yBUejIxbtqCfano-2BbVfYIIRDufZ7csgGwkxWclur0DjClgHz2o4MKgWt8v8LHSEyvWal= 3s8WEmJ9YntoZiohNxHibrgv0J6-2B1SUFOYDvEdhXr2qyOjDPlXMBI8DY-2FLcUVKCG339DM-2= BsPIMlycZAFgaakcqmvuzTOarjVeWUvpcG8STOb-2BQKIjFCCTHiLDG51aBdwnM0yZNBsNK8S8-= 3D" style=3D"font-family: Roboto, Arial, sans-serif; font-size: 18px; text-= decoration: none; color: black; padding-left: 3px" target=3D"_blank" univer= sal=3D"true">Access the full report here<img height=3D"24" src=3D"https://f= onts.pitchbook.com/newsletter/arrow-right.png" style=3D"vertical-align: mid= dle; margin-left: 8px;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWnNF-2B-2FPR5V= hvRwyvGJHfV4IrqQiBZbp9uFZNXYQ97-2Fjw-3D-3D5qxn_I3w5d9c01gkD8gLzFEofZR-2Bh6V= warHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ= 4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr= 1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSE= eMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2rK1kiAZU00wi2ayYjvMhY9KhllIYS0r-2= BxFM8MP1hOlJ-2BrQEhCSZoHLUftrit-2FU7UeqXqcffd-2BmWFef7ZnFOIeE4-2BLQVm6keAll= ScscKnZo0yd4BFTXdBe8pEZr0HudfpKX1lS6lEBAHhOWEJ4d3nBc0PQZ-2BDyj6m-2BKml02D1Y= fB0HT872zKivKBFUt8MN6-2FbXbnzbvZyWOXJYG055vLhaS91OfZd84AvkB9ItcoDe8y2sDRWkQ= zvghNQPED1THqCDS8sd4-2BjYDkbzouoVVkYg8-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Q2 2025 PitchBook Private Capital Indexes</a></b><= /td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Side Letters</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Sma= rt reads that caught our eye.</i><br><br> =E2=80=A2 <b>The US and China are in an AI c= old war.</b> The AI landscape has shifted dramatically in the last year or = so from US dominance to a race between two global superpowers. [<a href=3D"= https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzWnNF-2B-2FPR5VhvRwyvGJHfV4chUeA32nqoYQMmhO7kGJDQ-3D= -3D1IkC_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs= FvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88Te= rSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVd= QRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KV= CT2rGoI0JlcmSuEN9xnIlPtoMTOdWhA4jjhjFZ7QJ09BRkGTbkPkZa7LS5QYFodjGjMQF5FmWlv= Pnle9c3iLo60-2FQuxmvKBXrsQBWUmeehcBwzfdHs-2F1c81oxLhKMLVJ5xDObATguDotenwI66= AThix4XVfEXgzwgpM3q59ZwJ1eCgPvSO0nrcq-2F7GmAdzg5GfUrtN1k45dpl9SyDafsSG2CZmb= Ok4dtey0VyiGkmr8gqF29eKyIbjn0KbvQ4VAzbrttOHiuXL72BLnOpzMf9rDs0-3D" style=3D= "color: #1D5080;" test=3D"">The Wall Street Journal</a>]<br><br> =E2=80=A2 <b>How will tariffs impact this ye= ar's Black Friday?</b> Retailers will likely offer fewer discounts on produ= cts due to increased cost of goods to retailers. [<a href=3D"https://url638= 0.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O= NnvsnswouzXatdR8adOgAefraQCaifcTTCgNGU8RkcgvgI8bLlTNPw-3D-3DzHE1_I3w5d9c01g= kD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNt= SrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-= 2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM= 3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2gv96R4VgJjI1-2F= KP7t5ObQfOwPfrg1uvUSH1s-2FnWrmhTnSLipqNNhRY2Wt3trfrK-2BHwMu0I1f0iZC7l-2FLOP= ve6BaPCH7J0vPB9aUgt3KRXD2wG2qk-2BMna613IN75ib8PUF7eG01pnJTEzDQLk8dxdJFZJKT4= 703O3qXAZ8Cll4tXQjUOYViW4dJvicBkPMmeI938wT-2FkxLEz4Awzt-2BxvZWjS89HkESLYBh-= 2BORRD-2Fg5DaydDwi0vj6VSrZ4DKtIxNEaHcNv8cJxynMV7rYWyfY3c-3D" style=3D"color= : #1D5080;" test=3D"">Bloomberg</a>]<br><br> =E2=80=A2 <b>The government shutdown could e= nd this week, but your flight might still be delayed.</b> Airports won't be= able to bounce back immediately when the government opens back up. [<a hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzXatdR8adOgAefraQCaifcTAfw7DSHYroNNqHBD51WcIw-3= D-3DCojN_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pz= sFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88T= erSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOV= dQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6K= VCT2sO6ALULvfn-2F1ccfQm-2FmGPbraapyCJmOhRLbXOiWuQxmNk5vkWBz07F9mrSi69lse4w-= 2Fy8eU2cMHp9LUdGY4mH5-2B-2ByHeHgLUteZiKy1Wak5K0EktWiY523yjS0w-2B-2Bt3onuDDb= FBiWaXiKMRNAHAhU8T7powk-2BkF7wg5zeci-2FrQm2JhpMXqf3dJxNb-2B-2BvEFDZ-2FsTkPP= 5FzoKrkO6ROtnP5RXIk1agrXiJqeWq7tKAkYlvkqVPXCn3jiZB8-2F6xFacRsb-2BArDA3fFFnk= yOIvy3jbvw-3D" 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"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td lang=3D"x-advertisement" style=3D"padding-bottom: = 20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzXatdR8adOgAefraQCaifcTlxplBUjEtqI9NDOqqbxDrw-3D-3DXna= A_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2= F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB= 5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBc= dpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2sUj= JznLoVgimUG-2FmyIS9kfi-2BtX65Nioo64X2J3Xlb1cLdaTM76ZFJuTEBDYGb1qlPSY8wzOrds= DlcBT14GaRdJkfrz0hgB1zb8qCkpVFZV5OPulnkB8C-2F7RNrD-2BPRJaO8la92lquUY3jOqwIm= OhU3iVLvNvZaR4R8-2BxGCiX6mwL-2BuLI8tM8NvuTS0D-2BLo8ILeJa3C30L9VYs6tMu5mXSrw= o8I9r43ltJQE0c5NUbXraO9cxWFG0DEBSPaU90VJhxHOsGwXfjZbF8h1U0BEIALM-3D"><img w= idth=3D"460" src=3D"https://img.pitchbook.com/ads/ad4363/460x120_pitchbook-= banner-ad_nov25.jpg" alt=3D"Ads" style=3D"padding: 0px; margin: 0px; border= : 0px; display: block;"></a></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-counts" cellpadding=3D"0" cellspacing=3D= "0" border=3D"0" width=3D"100%" style=3D"background-color: #051C38; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"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;"> 832 </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;"> 2321 </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;"> 858 </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;"> 21 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> Funds </div></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-counts-btn" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"height: 25px; line-height: 25px;"= ></td> </tr> <tr> <td align=3D"center" style=3D"padding: 0 133px= 13.3px 133px;"><!--[if mso]> <v:roundrect xmlns:v=3D"urn= :schemas-microsoft-com:vml" xmlns:w=3D"urn= :schemas-microsoft-com:office:word" href=3D"https://pitchbook.com/products/= platform" style=3D"heigh= t:43px;v-text-anchor:middle;width:148px;" arcsize=3D"50%= " strokecolor=3D= "#F79B3E" fillcolor=3D"#= F79B3E"> <w:anchorlock/> <center style=3D"color:= #000000; font-fami= ly:Roboto, Arial, sans-serif; font-size= :12px;"> Request a free tria= l </center> </v:roundrect> <![endif]--> <a href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzXmw-2F8hfzjstzkv7bVfoW3PeCZooaRCHJn8-2B-2BZ-2B0qkATg-= 3D-3De7dV_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8P= zsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88= TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQO= VdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6= KVCT2iVHiEgLDRZq0CD5b3TIxPrcndZYs6Ei-2B4mcXvFgXtLpf3odkO2IWFHnya0rrUmzCf8op= 1YNYJwd1PCXTBR4AzWlGL1GuqFOsqRxyMYGEPnsPM46zgpXGuo40mStfCXZ-2F-2FX3LVWaMKJn= 1SyASOGmgCoF6qAGPs-2Bv9O-2Bgu5cVdKRNTIFmK1Q04-2FyEIAty6gKV8iv430pFin85O4WI-= 2BP3KtDkp2T4t-2B6Yqi8QuUZxa7bECRsE7yH8M8SByHQ3nWR50t7G2n8CDKFSqSUKHWctYeMk-= 3D" target=3D"_blank" style=3D"display: block; font-family: Robo= to, Arial, sans-serif; font-size: 12px; color: #000000; text-decoration: = none; line-height: 24px= ; text-align: cente= r; padding: 9.5px 21= .5px; border-radius: 99= 9px; background-color:= #F79B3E;"> 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;"> </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_574601" id=3D"n_574601" 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 PE 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: 69.4090909090909%; min= -width: 69.4090909090909%; max-width: 69.4090909090909%; background-color: = #1D5080;"> <tbody> <tr> <td align=3D"right" style=3D"padding: 0 4px 0= 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,= sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">15.27%</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">22.00%</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;"> 0.56x </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= swouzXatdR8adOgAefraQCaifcTq-2BeHpkOvJgaQI712oM71ew-3D-3DZqA1_I3w5d9c01gkD8= gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrk= TOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2Bi= yMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3px= U4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2vgmESglOUNUpgptJ7P= efm24hkCLj6IEoHYSZtPhtjQtjSWDzTyf9MFSAdYjMrKwRi3-2FRmQXy2LHg2ADfCEO-2FygsHZ= 6LZCSKxu0Xzq2NSOuKQ5eeTqZmkgeDDCN8RKmzQCOpySJyDdZGddKXXVEHJ1cLxIodBJ1mx5C-2= FF9i4FlXHPnrDaoucjWvh1I-2FonmYT99yIgSUXElmR5K7Ltd-2B0cWybC00XQMZJoC6Ruii1Tg= 3X2Sm0MAx26F7-2BrVUUqH-2BJ69Zi6wRlS640ezvc9U6zWHc-3D" style=3D"font-size: 1= 4px; line-height: 24px; color: #1D5080;" universal=3D"true">SSC Partners I = </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= swouzXatdR8adOgAefraQCaifcTrmtTddo21cnr3xAdM7xvdQ-3D-3Dpc3I_I3w5d9c01gkD8gL= zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTO= QD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyM= m7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4= yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2gQsCUV2EGyOrKHO6Q8l7= 1YvVB2rHIZBLNWutzyHRs-2B-2BIBiWVDp6gkh2f9QkbQQtC7WFe1aOxtSTuzxqHtOFX-2Bcve3= WYKMQXuCc6NkgMo64gEWdkwO7xDDo2qNvQOaClBmYVCxZD4ljuLcwQ5fG3KH20wA2N0t-2Fy9ef= j-2BaRFWOrlT-2BR62Ae87kbjVS-2B1SLHv0n0SpUwvVN3snbqTnOobrLDgU0Vnp4-2FzN6A1z8= pBHR0sEIWcw4q-2BVLeIf58D-2FDPxF3viafRvEVrI5OE6Nc1XaJQ-3D" style=3D"font-siz= e: 14px; line-height: 24px; color: #1D5080;" universal=3D"true">Frontenac X= I Private Capital </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= swouzXatdR8adOgAefraQCaifcTUAY1qZJooSNDEO-2FNXaAgNw-3D-3DQFKl_I3w5d9c01gkD8= gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrk= TOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2Bi= yMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3px= U4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2tj297Mu8tDfyPGx3-2= FXFeZ4rscFqufaS-2BMSg52f5gekYIDKjj0V2hETsIW0ZaE4IMTa8pHpx22enBBpAQkpLKATSLT= fREf8qoJo1QuRoBegscdI8S8DtQhWTwp6uVMwIb3svbzzFj6ui3Ce-2BYn20UlTf7ghpo-2FgFm= RVqkaz2chCYsmJBeY3z4m4joLi4HPxsenkX9sA6cmwqTccUgHiZOV5ejV08y-2FdPN-2Fv-2BqL= -2FjHDRvY-2Bgp739KQGzv-2F17ms-2FZBKxKFIJ-2BoZJmlkn-2Bcl6N6-2Bxw-3D" style= =3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D"true"= >Polaris Growth 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-2BaqM7ONnvsnswouzXatdR8adOgAefraQCaifcTVJ0OaO= FZ-2FyifXN8rmfZUiQ-3D-3DcwhI_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3= t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCB= cLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9= v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2Fj= PyMrpaJu-2FZpXsvxD6KVCT2sMeHrvv-2FFuq5KIrU40P1GObIlYdMxKfYFQV-2BcZ58xkgBvKo= zE0iUoI-2BuBsUQFfOpyO7I7UfH6tvh8-2FXgSbuYA-2FCaxtUuv99fPSQNuMjPVxVyPwG-2BCS= eFLaj-2BjpXZBl5ViC5F29RympCl6E-2Fae83tS6-2FqQIb4-2FSmtsf2BUIhW69-2F0ZdxSVKF= b7062YxL2T-2BQnhzq0qOzulxblnSrFjkB-2BSbXPrIoBGgwkAXw60GgXglTh8aODlEeC-2B1kt= Ke9vYxZCjSErfj4TUAXE6xv-2FByoZhk-3D" style=3D"font-family: Roboto, Arial, s= ans-serif; color: #1D5080; font-size: 14px; font-weight: 700; line-height: = 24px;" universal=3D"true">166 Funds in Benchmark =C2=BB </a></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Check = out the latest version of <b><a href=3D"https://url6380.news.pitchbook.com/= uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXatdR8a= dOgAefraQCaifcTvZvxZTlAixFPgrWoW-2F3v3Q-3D-3DIXRp_I3w5d9c01gkD8gLzFEofZR-2B= h6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6I= rZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIv= SHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0= GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2s9ugD1svQHyxppSg5VqOsUu0o44C-2= FjXbVp3foJ5BI1jF6RyaXaK0XMka7dv8d7miSi03cH-2BtkYloCuhsp309nOgFnWCgM7rWL50sy= 3m3PL71iLo1hQ7Qgx39nxsuo4zjTW-2F05XgfLwm-2Ffu-2F76pFZHUmTUBxZHmCj65we0ByGY7= OqS05aTBxcgWdgDoC2RNMt99pMPqzKoTPw-2BxrhRP8OfmA454JxAySc49-2B-2Fei6-2Fygmxu= XULPk-2F0RgS8jZDm1NPBiwM-2FsGQReMCLgTYRq6nlYg-3D" 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"> </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>People</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXatdR8adOgAefraQCaifcTEKxr6TfZiHm8Uvvl-= 2BvDCBg-3D-3DFqtu_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeU= gFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haq= yRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dV= f0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2F= ZpXsvxD6KVCT2qB3CNjgMudGtXXp8hQU9cQo9h9Y-2BZ43eRxv-2FZuNOo6geW-2BChpmkNhUTE= wbrEgelJyUD0MQ8lfaJDDRLOLRLMcyY5IZRDE0uNuOEJjlCjlB9zvlaKoVW9J0TfajSIu-2BDPT= YVgY0ux9-2Bep-2FB7-2BPPQu4xfTqexRfAQgsZ-2B4yYxqJ2HANY4YxGMBclRduzcLoKxCpKN6= o48-2B4QCuhHtJRFBlvirPhmKyWo4ZB1VXFixYCyREEBQtctVn-2FcNlD5uveAaKnQd7dM-2BNE= uXzgtw4XdLQOc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ya= nn LeCun</a></b>, a chief AI scientist at <a href=3D"https://url6380.news.p= itchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvs= nswouzXatdR8adOgAefraQCaifcTmzimG5Cp6ZJ-2Bav-2BoRL8RPA-3D-3DQPoi_I3w5d9c01g= kD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNt= SrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-= 2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM= 3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2nqnTXH7wxvIj3BV= XmtfXm5m-2B972lVvAtI8f8yArIg7p125kKXoYnb6PJsPw8x2DTN0NEKlJ4L3VmLenP8HGIYolE= qKsLMtz4Fx5nGOoJhHcTcWT9sXySUebG1Tg8QgMchIPm9gBlBoRwHcQls4xzOSAxJBP3dOo9DKd= 6W0irZqlDdK-2FjBd-2FV3EOhYsib1jxlvP5PFxTzojP-2BIpuaa-2FEV2tpBiiRNIElYT0qKQ8= 4aYLg9UzPwuEB1z4QmSQbCPWO7hyvRQauK5nBdd8AeQPQqBQ-3D" style=3D"color: #1D508= 0;" test=3D"" universal=3D"true">Meta</a>, plans to leave the company and l= aunch his own startup, the Financial Times reported.<br><br><b><a href=3D"h= ttps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7Sp= SWIrf6GFa-2BaqM7ONnvsnswouzUrAKEXE-2F5b4YLX3Zks8PVYrS4r2Py7SE5U82Z-2FBom6Ow= -3D-3DfzTM_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8= PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p8= 8TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQ= OVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD= 6KVCT2h7xCITorxT-2F0KZ9dhTtinneU1uxQ9da0MpxsY6lS0-2FBwQxVNJZa76VQ24FwDgrqLm= 9knzCK-2FsL4rP1DHDS-2BOf4vzY5oXt7lAALAFcum25KZ2u0Xe3DJRCOG0SSMF0USTvLoBePEZ= HNKcxxh6H7-2BdQO5pZRl7u8CWzWhRZhCLg6fgPBhMRC-2BA1saDMDcPUgNR6y-2FCegB5EJZbC= U0dz4KYbnlAr7vWS7cMjJIRVS6bJdfe4NSrGKoOiNC2BZrEIEXfB7u684lfg2pqSKi1bw0jCY-3= D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Kathleen McCarthy= Baldwin</a></b>, global co-head of real estate at <a href=3D"https://url63= 80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B= aqM7ONnvsnswouzUrAKEXE-2F5b4YLX3Zks8PVY47ujBIuMBj2LB6MWVQI3Pg-3D-3D8vjd_I3w= 5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqV= h649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c6= 21HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZ= fNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2tuj-2FME= Moqsun-2BrM6nA9YaxhKoVUQYChL2bJZwTB4S7Lhc5gQ8-2BWdC9-2FW5oxIvzXJqB5xWCv9Whv= jeZxOD7MQqKrypLppZUfo4IJAD6gpEKT9-2Fqhx2sEo-2Fed3BN481SPqvV8vRTzm8tnpEwEPZY= o2pLIrocO1t-2F-2Fs8rH0aAAWjbCnfFMwEcmMV-2FZ-2BNVgHvwgWLVZoC76x4UX3zTw1392RG= GYVLYvWT6X2cuON4Hb2Sy7V0gILzUuhQha3ub1gGS6Vsp9btZRZpKscxYqfEhPPpk-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Blackstone</a>, is planni= ng to leave the firm at the end of 2025.<br><br> Switzerland-based asset management firm <a h= ref=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4= Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUrAKEXE-2F5b4YLX3Zks8PVYt1jbySIcsQIZunw8= atESLg-3D-3Dqczm_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUg= FVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqy= RwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf= 0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZ= pXsvxD6KVCT2v3KVPMsSLomdw-2Fi04FXkhYSRIwzc1w8sK1eXejsMe6YCB8Q4eSoORtKcH6xvB= ilH0WlzAzFRXunTVNOVrkyNhcscVOoE-2F4mdHf9OZj9ziNLjr73-2BQuo4MzxHotLBDufF44rC= bCDC8sKbLX9N4P1O40noB98MzTVM10q5Si67kkw7j4-2B3DC6t3UmQwloXYlm3FiLeXq-2FdXLf= DVwxAEZgDYNdC9sh0o6tFsQu46DbJvk1rjEpSRmWRzcpc7f6-2Bheuwjvv1tOUzeZ8B1dF7HRNx= 6Q-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Stoneweg</a> = appointed <b>Olivier Jollin</b> as its president of France.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>VC Deals</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Califo= rnia-based AI startup <b><a href=3D"https://url6380.news.pitchbook.com/uni/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUrAKEXE-2F5= b4YLX3Zks8PVYQzIpP8NhEyQLfrW8d0ci7A-3D-3D3rO3_I3w5d9c01gkD8gLzFEofZR-2Bh6Vw= arHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4= Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1= v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEe= MsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2sgmH4DUIKwakZYp6mH5pfiX8P00PY-2B1E= aOjJ6AdwRovyKh7kV8i246L1w-2BclGuZDRz5fAi315-2FBstfsg90e6qWJcwa5fiDd5pT9Gr77= 5aP-2FYSU05tG1ROD4R1iJcvn09nHE7EM4Ym2EiMgQgQ2De8ZqILVVxgo14GrJEt-2Bf9uUGG1z= VBiHWN7vHabTlezwz7520xaCpg77owJD36faegFMgVR-2BI5lMy-2FfuWQfPMCaju4RlzMA3Jmo= neE2siRNtFBpZet51Tm8VBx-2FmjkkDEZQc-3D" style=3D"color: #1D5080;" test=3D""= universal=3D"true">Genspark</a></b> raised over $200 million in a Series B= from investors including <a href=3D"https://url6380.news.pitchbook.com/uni= /ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUrAKEXE-2F= 5b4YLX3Zks8PVY6WZf1QlLAZGs4KIFDjAnEw-3D-3Dj-r3_I3w5d9c01gkD8gLzFEofZR-2Bh6V= warHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ= 4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr= 1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSE= eMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2nxLf4G9embfZAFvw5GZOPMNSmCIlxFBxT= rYrEFSwRneErf-2BTQx84mr0-2FFwXiyLfyok2m4bmElzIBa0g7G-2Bg5jfEnj0j7V8wM5WvbJk= rcqER-2FYm2lWj65nWxFVSpBdLm9Aj4zzoe5NB4sfVb7adSOECDe9jE4k6huuHhzGlCgTNxbdbP= k5JyV9qP6gCTbDjdtXxbyiJ2WLU8O5h8ivNE81tXRw6cRVuUwvEXcAgVGOgRdwqYzJZvvMxLupR= JlLDo-2FBUAHgYNbv5R8kTZls40bU8-3D" style=3D"color: #1D5080;" test=3D"" univ= ersal=3D"true">LG Technology Ventures</a> and <a href=3D"https://url6380.ne= ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O= NnvsnswouzUrAKEXE-2F5b4YLX3Zks8PVYuW6StazibDas1wDFKH826A-3D-3DCAim_I3w5d9c0= 1gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649p= NtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621Hda= Q-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYn= oM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2sib5MucMc0SSM= obh-2FhF3inJBTaFhxXA33IKXiOAZwIt-2F17cv-2BHzGvpX73pjEFqJK85eDM8Ky37l9X4eR7D= LlCAbPD6ELP6tUuSyIIYRomRaXV0g6RLXoI66ojLmsh7JDAzupFYz07IGEIJfHPUqezzwztpdu6= R1li7qPPSSwvmQ1uy4wl3EIIDDXn-2BZmsZuKo2nkLT81BJVK39v7JizWylmPOfM3IsZDfuc0dz= Zv7qmESY4nkm2XjQBiVf1Ej3du4FbLJfCQypt8nkRPpR-2FEGk-3D" style=3D"color: #1D5= 080;" test=3D"" universal=3D"true">SBI Investment</a>.<br><br><b><a href=3D= "https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzUrAKEXE-2F5b4YLX3Zks8PVYRTL17YhXuubVo6N74xGkwA= -3D-3DlY5r_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8= PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p8= 8TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQ= OVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD= 6KVCT2u1K7bnS7flRO2yAHkBeX60cWTPoNEdh56yjAtF8bLTomxzH6sNwQfGP5udEgAJ8culT-2= FfvHVD3DaFLKGFwcUCggzz7gkmXE6Hqnv26gM8cpUF95ZDvqqE8HRfVUWzKc4zVbzN7s02MszJb= 7dYY-2B8uLJKJMqC55HTLMUtJglw5I0q1j1O2wF0kn38v-2BUb9uYhpkHcuJPEF-2Bkr5zfWddm= V8bWDV-2BFdgIjUP-2F32TxM2mHCF6yOa9cs0KtsHyUuL8-2BkyRBIVsgEbBGCffoXZ1-2FyQI8= -3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Highview Power<= /a></b>, a London-based liquid air energy storage developer, raised =C2=A31= 30 million to begin a 3.2 gigawatt-hour project in Scotland, bringing its t= otal funding to more than =C2=A3500 million.<br><br><b><a href=3D"https://u= rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzUrAKEXE-2F5b4YLX3Zks8PVYO91ukPsrFZlFDoggSDO1GQ-3D-3De8CO= _I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F= 4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5= t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcd= pSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2rqog= qd0K4sab0tVo679TJIOrPzdeWaA-2FMfS-2F9jK0h0ENJNHCu6SGUJA-2FjmABSNrm5kgom-2FF= Q2gYsJg6wzkmjoMnAYoRUEuSWwvKtMA7SAhhl6jmv0XsC12bKBjTIvjBWcYydkn5o9StTKU-2Bh= 1A0ZY7xOXj5d3vlH5q-2FnBGUcJhAPjvdDha4Nh4kQ06qKH1DTiCzO5CkMIF6BzhiPu4hTZxBvU= mHcHUoxL9xB-2FmKpVeeSJLviEyChuf4jh4s-2FQjTJsZFKJWBsMf2FmOvn0kmjzA-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Wonderful</a></b>, an Isr= aeli startup developing AI agents, secured a $100 million round led by <a h= ref=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4= Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUrAKEXE-2F5b4YLX3Zks8PVY8p5UBG7cgbZ-2FZP= h6K7eunw-3D-3DHbdA_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWe= UgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1ha= qyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2d= Vf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2= FZpXsvxD6KVCT2tKTVEeXqhRMiVDlKMpjLv4s3kWMwMGMDUlQku8Zs50jBPrQ2I8-2Ff9KiXX4E= exih9APL3W87QUW2-2Fl8F-2F3AubDdJv4kK-2FpJDUPF1lin7ud-2Fj1hhqFbJ6pM-2Ff1TrMS= -2BYrIqCV52NaW5oQhhp-2B1bKkb21b-2B-2FigCqb6AWs7zDMVjsN66yRe-2F2YTxzVXZD61qz= XyzJQnHU-2B6p7L-2BCFm6anPZc-2FOSo3il0N385hSFCPw0U6fhNEXF8d8m5a0xCpO46ikjar7= P5IQtaNCyAW7Kj17WZJA-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"t= rue">Index Ventures</a>.<br><br> Cybersecurity startup <b><a href=3D"https://= url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G= Fa-2BaqM7ONnvsnswouzUrAKEXE-2F5b4YLX3Zks8PVYGQc9ujSgbFyCHQWtuqGJ5g-3D-3Dd9Y= g_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2= F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB= 5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBc= dpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2pIi= GWKBYrH69oJ1oU5OI-2F8KHDVCuzWOt5bMZPKIx4NOZJSDY5XW8k-2F83MmVAKFOcuQiUTDtY3v= HTEDugqHGIPmoEUYs0JgSlZCrfwl-2F6KxtuGtAUDWZtN13NSNTLwtGpjzm9cyU1nMKk773SZYk= ivuL4CFlLVi3I7U5w92C-2BeKN5VWOtXpzBWIfrF2rSaA6vQ2ghnI0sX6mikkbINJNEbSiH4A7a= -2BfhtB9uez26fEHETlRj7tCXOIvOC51fmnjN62542bBVtFHYEy3928a4IjA-3D" style=3D"c= olor: #1D5080;" test=3D"" universal=3D"true">Tenzai</a></b> raised a $75 mi= llion seed round led by <a href=3D"https://url6380.news.pitchbook.com/uni/l= s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUHhCU1-2FeHB= dM6GaDphN7sal-2FYz4h9d68utWD1xlN9rBw-3D-3DQXOY_I3w5d9c01gkD8gLzFEofZR-2Bh6V= warHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ= 4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr= 1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSE= eMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2nCqnulRBk1-2B0LWzl0mqRybzgDX713PA= 8MlP36LseRHupNm1oWVN1-2BJrjMvfMRI-2FNnPzDhdaOkMXoBKC0DvvilDNoEKA0fbCbDwL7Zy= i5CESJrySsqFvh0rmvikAzK0r3dEL9EReDIksZxYQaTVdQ33R29CmkSoA90Myl36w3xXJHMAhUx= 6UfAp2KIVj3VrN1FfqUG84yKfFvqxu7ztGAMQnxnSSRS1-2BseTFyqGztCt6qat3ZtxGcEiwONu= 9cN2LNLirWSFBC3DRgh8eczIx4Eg-3D" style=3D"color: #1D5080;" test=3D"" univer= sal=3D"true">Greylock Partners</a>, <a href=3D"https://url6380.news.pitchbo= ok.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouz= UHhCU1-2FeHBdM6GaDphN7saHjha3rpjV60Hd1qfpw1QNQ-3D-3D3oY1_I3w5d9c01gkD8gLzFE= ofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8= MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7g= K-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLA= QG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2jkrYzGNdBiDoYjm29na40fw= agtBOnYUiVtlCrMQuwzWd7rKWEkfyKOpAd5rrd1fPDddpS21eDLnxi0NFv-2Blb1yvQvF1A8TzG= iqMJ1rvMBGhth08WtjWDQUkUYT5GEtIjYpwGEe1Vr1sX1npZpdZeih71ToxLW9JHE88QEjQHF78= FpX9iLXrz6Hy3G8iMbo9jkpdYkMn-2FhIWs96jRTVgp6qlPLs0U64Vu-2Br9lhhCCXrYuHz2hus= 5sLvlcN7L0uHL3KbPE5BuYx1ig2ejk-2BamziM-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Battery Ventures</a> and <a href=3D"https://url638= 0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzUHhCU1-2FeHBdM6GaDphN7sa4-2FbALb2jmzr4T33x9Vw-2ByQ-3D-3DrFAl_= I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4= mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t= 0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdp= SrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2q7vyE= 0-2FzGvc5x-2FG1duVXlOB66lRspkSWTHeZQ7oyGPuEz5jr7BaniO9eWrYVwfFjNCm6ECGH5Tio= nUqEDT0-2FNT4Cyx42Dt7K3-2FINqO5Xl19oFuZnHqhG5AcU7oJB3YUYEogCpwWGi9Ejfc7CRwI= 6IvD8MMYqmt-2B8c2mTCGz1gSdz-2BOjhLbC9TtTuIeoi4MbnZrq0rm9OXnwulpSDGc2ZgHDfQ-= 2BB0GDyEoX5PuIZWc4QrJQ-2FW3HX8z6K6s5EEb1GT2ot29ZkK9M33A1PLmlNpKM-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Lux Capital</a>.<br><br><= b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUHhCU1-2FeHBdM6GaDphN7saG6JRpifEaE= LzgjFgNSnwYQ-3D-3D9Z4E_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbc= bdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFRO= L1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNj= On2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpa= Ju-2FZpXsvxD6KVCT2oPZXET9-2B0kNSGbrHjsD2DIqNTaqLL8A8WVUG2KtHbAioBN6JdIIFZj3= y0aNlXUis7xAQuo0uHXRtdVNCBLILMl33mhM5JKZTUfuQ3CXdzjM9YX4jK1A8Uz0DcPHyQX8M-2= FrG6PtlofaME5LHd07xAmMlFppPAhhuKSIhmSbUvo1TMeU1PfnInFdylEqbhjJL9ARDqtyodQHS= etOY4CuFHwu-2BgprGTZhmG6TJxJbt8-2BN4JuIcsq7Akby3MJJTKDD0qRJfYMDCi1oUxuM5-2F= EPYBbE-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Vay</a></= b>, a Berlin-based remote driving startup, received $60 million from Singap= ore=E2=80=99s <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up= n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUHhCU1-2FeHBdM6GaDphN7= saEIf9-2F2BHFZ889EmdGD6bFg-3D-3DpOpB_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFC= fmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500= LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOF= awiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0J= KWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2hdFIADBtW5qzJqf9k6DJ62xVuhv9-2FZ-2Fmv-2BMfh= bDbEH0JU9PvVLLl5JpyOjNsDjDkHzQfCpttgvGUerBKw2df4uS0ZVM5o2SpCdIIlKWMYHwuuO26= -2BwnPKEc9xH8wmHvLTF3LpWY-2Fzb9D3Q3x4Q-2BzXL8lqPz7JJKSOEONXPa-2B0f0LOTFnH-2= FyIBgcLowt1WfDd3-2B4pzGR1O8e3aK8QKmv3JcvToYOQuonGvsJ2zvjb5dh0E5j9KYRyv8JNeJ= -2BlC3sOOYblk669ZKI-2FAzzyExOH-2BI-3D" style=3D"color: #1D5080;" test=3D"" = universal=3D"true">Grab</a>, which may invest $350 million more should perf= ormance targets be met.<br><br><b><a href=3D"https://url6380.news.pitchbook= .com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUH= hCU1-2FeHBdM6GaDphN7saPVhoMjFAruxw07Gl71Lkig-3D-3DnKkQ_I3w5d9c01gkD8gLzFEof= ZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MD= jli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-= 2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG= 1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2jpMJvV5X-2BgTuJsKYOaBK-2B= b3VnRcyyUGKAq0KCAECHKouu-2Fo4fZoAdOrQUb5C8oB44yC19Tku9PRrTC68C0CxPqvSEI2SHn= srtKPl8h6RfJqPPCKECA-2Fus5bs12LgDnlxjjNX0LC1WxDLkvJOUEq7WHa-2Bplzq-2Bu79lUh= Cjz7cXjBBgyrCGM7ABBvdBCjpzwpZ4dK3G-2B1-2BfM8uZi-2Fw0vOTQrlTfsfp-2F0yUi515lL= Nkj4aWzBPSEGd7Q-2BAnilHqurr1s33Ruprzk4rDEcvxQB2nSM-3D" style=3D"color: #1D5= 080;" test=3D"" universal=3D"true">Delvitech</a></b>, a Swiss deep-tech fir= m, raised $40 million in a Series B round led by <a href=3D"https://url6380= .news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq= M7ONnvsnswouzUHhCU1-2FeHBdM6GaDphN7saNb8GUs4C0fWZdI9Rkh3WXA-3D-3Dl1TD_I3w5d= 9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh6= 49pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621= HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfN= aYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2s-2FGDMew6= 0pIkLjYExt-2B-2BJV2suYZyNqaL4-2BFPEwZfPImIj6me2NxB8XmXaxVTzr65saO13LeVxgOL4= -2BXFX0b-2Fadb2OEmmVaddig1IPUmT-2Fq7zgh5psf5NPD9OD2QqBaWWhvLmnhLxPwR5CqupjM= -2FmGeBg-2FZavbyPOUUPVuwOI3UHarfugvsl4LUhn4TeSzZrYUmXS8h5qOT-2FzklETe2Ocq1V= uZ3uqVdzXVL17lVeElZLW3yGGvj5UYFxmpzaZwghj7iJwfVXfdnCtUUaOy2iGSA-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">EGS Beteiligungen</a> and= <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7= 3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUHhCU1-2FeHBdM6GaDphN7saQPv2crVh-2F= bMXhK7LiXvlhg-3D-3DXkD__I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb= cbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFR= OL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FN= jOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrp= aJu-2FZpXsvxD6KVCT2ubip7YjwvsvCceI5V571wQWUe38r3x-2BBO14kb8KcKf-2BEWFOLB4IM= SbOr0QhHbcIXARhJPEZhW6TfGYQn0bR1-2B4OEwdaRuBeecmkvlEIBUX7OVz8s0dGllCnbgp54e= 2C105xS8N8rghy-2FPixGmRDuZI9-2FAF-2FPcr5StSJH0L3c37tjO-2BvkapdmwELzxf-2BQRm= P6Hx8ljbpJ4W5sgNBGIhrmh7yPvHQKje1bIob4fL5cUAehoYXMczmbTEyqh1H3D77G6l0oyx79d= QJ9R0D5W6-2BKyQ-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">= Creadd Ventures</a>.<br><br><b><a href=3D"https://url6380.news.pitchbook.co= m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUHhCU= 1-2FeHBdM6GaDphN7saTK3DA52763X9rI-2BbJ0-2BzFA-3D-3DHl6Y_I3w5d9c01gkD8gLzFEo= fZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8M= Djli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK= -2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQ= G1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2jAXh5YKaWLN9JLE4-2FDclTT= G7oBVmLGITz-2Fi5ebX2AG6uQUIZ-2BL88uOUJPhAK2cJ8GD55NV9hdv9zAsWh00bp-2B4SsOLU= sDOVO5v5HIyC56wbcCzqYC-2Bht1fc-2FrubYhTw81lemm-2FKT6igwiosV68X8khInLlVRDy9X= MgvTGi-2B-2F5gZvTtHGaV1pFRi7pPTWj9GxjSi24B5ucYrP2X5eYJEjnC68Ehyv5FhtmDEHnmw= EXWA9bBmNFtBHQsAwfRoQ8CrfKXjYQgv5oGQ9UyMK05Ji-2B0-3D" style=3D"color: #1D50= 80;" test=3D"" universal=3D"true">Amenitiz</a></b>, a Barcelona-based hotel= management platform provider, secured a =E2=82=AC38.9 million Series B led= by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d= 4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUHhCU1-2FeHBdM6GaDphN7saIYoV5vLS= zlDsHthMkzonoA-3D-3DRAiK_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFF= ROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2F= NjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMr= paJu-2FZpXsvxD6KVCT2q5xh75FHtgiaCQwzSZnnxFjdrDXWK-2Bw2Ooe82XQopz-2BCXz-2BRJ= ZYrqFYpipsOKgdz616fBi6IBoaYxuT-2BTJ8r10zWSmeZOmYUwNQyzY1ffwxl-2F0UoiUnk7SL2= 6QYlVvkPSMVfMGrV5oSMPgUDGnN0z6yYp1BjtKiQyHCbRI5XcTKhWii2koUc3O5LeiaEgC-2F54= mJLznqcFnov3fEk4TZdg3Qjc97Nj2YdPfKS34cW-2Bi4vd6clVeKZUhj2Fkq-2B-2BmAbkKu1ba= JlHgH7ofO7da1ra4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"= >Kfund</a>'s <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXKBVYivHhiepZpq6qsGXGPx= 28RgJMTeBIdtejV0HmvlQ-3D-3DoLwl_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-= 2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNq= mCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKP= kd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-= 2FjPyMrpaJu-2FZpXsvxD6KVCT2mxB7xMMF7a-2ByufIMop8metBY-2BPkimlxAYPvdvflCKoB6= bLrNTKuxV49zfhOEUTYO2oH7LLYVCuUsQMsALZxbIxO5NMdwElEzSve-2Bflp3cOFGTW4da8e0t= -2BfBtTcov414f7jzcFiQEC2LcrGHdxAtGGQyWVEz5qUO9mHsYYxvFUQ7EECHkMUh5NUHU9mcxr= jpFj9lZazvZ3Fx5pThnRLJb-2BCbC7UMFLaBoBH31Q5elG3Z-2B08OKvnsX236Tc-2FfzaJQf-2= FMsZWmIXi4QDZ7F6EslaY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"= true">Leadwind</a>.<br><br> Medical intelligence platform developer <b><= a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXKBVYivHhiepZpq6qsGXGP528wYA8VwonkyJJ= RYthiOA-3D-3Dd0Xy_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeU= gFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haq= yRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dV= f0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2F= ZpXsvxD6KVCT2lUpu6ttNB7dBwd69MCRNPUVPBPi9ebn52JacTBkZ2fgCQg1AmwOYxs7R5z8KZy= rBrO95YFc2k3jr4fLH47vgED0IEtjWtz51q5Dl7d37RMgkETviuuZNs28FFEcGhNzXmosS-2B2a= 5ywf95Vfy9Pu8z1gWXSf9doFA9hJbfKDA1XLSWc3Dp-2FiJ7-2FFDbqOYOJ3XRG8LN6l3dgSqsE= Cmyx8pyOG8Uzu5twSf74pQCR5h20C50jfHqg0t79iHyBvfIM1nAQVPmagKcAVnB-2Ft0mTxpF0-= 3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Evidium</a></b> = received $22 million in a Series A led by <a href=3D"https://url6380.news.p= itchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvs= nswouzXKBVYivHhiepZpq6qsGXGPD5mkQvKvcIU-2BY-2FhabOAPHQ-3D-3DqHwy_I3w5d9c01g= kD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNt= SrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-= 2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM= 3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2jQF-2FtHxSu0ZAD= o5jNojCwYGB-2FZWMrNZP2wnLWJYihLRpXTaK4Vzn65clCaDJgTYN9JZ-2BHnX9ZBfySc-2BUA1= 8AH89lKZ2r3TKet2Yp28H-2F358o790hYKbV86BnEGmUGVeYyhoFy6h-2F5qBWJNA1qeHIGbYaK= nNqi7ZlLrrNpNiRM0WS04YLTOUvnWaKotEX-2F46r9Rac4LfrphWL8ICefLtnkvE-2BDJwDXFPx= AQLo-2F7K5SkgSmIAsFKydnLdRnskow-2BGLQVj0eiuVVJXtCPORR8eZUg-3D" style=3D"col= or: #1D5080;" test=3D"" universal=3D"true">Health2047</a> and <a href=3D"ht= tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS= WIrf6GFa-2BaqM7ONnvsnswouzXKBVYivHhiepZpq6qsGXGPlYrEwQJHRkWW-2FLJj99ENMQ-3D= -3DgSgB_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs= FvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88Te= rSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVd= QRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KV= CT2lXAHSB3IKNMycNexnvGgsaPbDr2i159KmL5VdIBewp-2BCockJkWeBYVZJG6oE-2Ftvm1jgG= YttVWFRNYfe28d3hPRNVp6vuG9YUG3HAZNZBHyvSii0XQxWKVjb36ALsCccQgxJsqDbL7M9U6wI= y-2BD1gay46pbZFWgqF4xVVe0erEGTjVjWzq2a4V-2FymeuirWhlWAiBZOOezi92-2FAezrTRrc= rx5gCx4O01Ee9cfkhvDcyoqEhayyutcO8yV4UbdGB5v631AzJIHYMeKe7W4OkNEBFw-3D" styl= e=3D"color: #1D5080;" test=3D"" universal=3D"true">WGG Partners</a>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>PE Deals</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Beijin= g-based <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0= 01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXKBVYivHhiepZpq6qsGXGPIltHe7= RPYJylaB2m9NyBag-3D-3DQMyd_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1= yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcL= FFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-= 2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPy= MrpaJu-2FZpXsvxD6KVCT2vxIpJmEE-2Fq9-2BZ0NUC-2F7bMhHW1XPALSZL07-2B7tygq55S6M= v-2F7evF-2BvRHoCVahRhcQwH-2FaDo4cM8tRg922cMz9gKzKzYXF5RojomkZrDBVqQuv8YrVbE= 3QR1rPLBX0a7GKzFAl2y6FDavflaIu8UciJ2Btclor9434OePpGBnUCAAZpGAdX8z4ctPhxDFRc= zZyIo588rvZZIiX0akYLeMkXRSjnSS7U-2BcHq27xxfz59HpMcA0gAy1NgshnLXYxkMaKlImUfN= ONb-2F3qQ14bEr4grA-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tru= e">Centurium Capital</a> is considering a bid to acquire <b><a href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzXKBVYivHhiepZpq6qsGXGPfN-2FSIIivhydzIbk1gYfGhQ-3D-3= Dlff7_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFv= R5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerS= YWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQR= jtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT= 2uiaJA-2FbiFbXda0j4mXtuRvg-2B8HNW9NAWPXBnQYc0kCYHKS1EfZDBMOD-2BMbMDY6GH9FqG= rxhuqf2LkLIVqRBSD-2BTHx-2FG7vbpqi9GWQ7TR-2FQMPziE4hi-2FVJk70Zmu6Ce13VKVHG-2= ByOoeVR6z-2B4uGtLDYLWx2py5FuuotLYfvhigltrQk1pP2QORDnm9WJfLoiuj7mHmvd5jtuRpA= -2FYS-2BG6Bz-2B1ODZXOfkWRhVJkg0givjE-2Bfno77v0RJDZ53JP4XGmTW-2FWIv-2B5Rk5Ef= qAFCalrVk-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Costa = Coffee</a></b>, which could be valued at around =C2=A31 billion, Bloomberg = reported.<br><br> A <a href=3D"https://url6380.news.pitchbook.= com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXKB= VYivHhiepZpq6qsGXGPOtPaRbq3jlwPG2JerYk4Lg-3D-3Dd16Y_I3w5d9c01gkD8gLzFEofZR-= 2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli= 6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FD= IvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZ= h0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2twWd9JTZ6hjNDgY7-2B2SLkhslRs= UN-2Bs4lfsxipRH26Jh818-2FosaQmsNIWB2mgVf0weWuXw8-2Bv8diUHB7-2BshyOeGcMWkPow= DWyuZtfT5adktM2oWQt2jPVSHoVfGcvalEx1Ttk58g9pOGt4lhMpX72GXndWtSGitF-2BgkbAzQ= a-2BeW2fpqYo3BFNETZSEpO9WU2dcBGHLAcP4D-2By22RDLWVV-2FglepNBIV279r-2FRW32Glg= 2TtZ4k2GBiNq8jylZId00IyJwaYQPQ6JoNKFlyo2v3Wew-3D" style=3D"color: #1D5080;"= test=3D"" universal=3D"true">Macquarie Group</a>-led consortium is set to = buy infrastructure services company <b><a href=3D"https://url6380.news.pitc= hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw= ouzXKBVYivHhiepZpq6qsGXGPuoaUBvbU-2BfxxWmvVNC7USw-3D-3DRbUj_I3w5d9c01gkD8gL= zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTO= QD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyM= m7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4= yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2s-2BRUl8OViwANl5F1cR= O8kKqX-2BsmV-2Bytcyrktv7ZpIcio-2FFbvsHhX8iDcj76moFJbLy7H-2B5jugi7aI-2BuVTx-= 2Fh39FyHYfJfGabREMpirujcGnmk2dALg6qzV0PM-2BiSWaX1SZjJPArAHYWjA9Ao-2BsPsGABl= R45zEXsJS3Fl7J1OUv6DsMUhWiRPT3HP0L7ER0pYp2UPlWizBukSmPI6NyHSmXIv9OsjYbzklUq= lITgNDTi5KxQtwt7IlJpYN7FmTkbDk-2BUydjL9mdf4zNP6dNEoQw-3D" style=3D"color: #= 1D5080;" test=3D"" universal=3D"true">Potters Industries</a></b> from <a hr= ef=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4C= uylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXKBVYivHhiepZpq6qsGXGPZcJSBiPcrUUPi1hnXqx= XJA-3D-3DZUsF_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa= 0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO= 4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0Us= dXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXs= vxD6KVCT2lZwZNWvVc5-2BSQ048cUqp5MokZVYGcwrvhsCCZcczjxItw4QikBHZwd0r17bs979k= 5ZHslyoOWcoqhUc-2FZsEJwIjrWEOgot7YT85Kh1MwfZEBzdcTbjckoXkh3h-2F0UQetu0iRNds= 068aex-2FRMq-2FhSC6JLd9221cz5KJr5254FLkEABg9Ep9bh7toQJ09EPSpA-2FCDJcIM4fPC8= Y5OKBZKwzbpRtDIeo-2BYoucfc6qcPe75HW-2BXlxKtb5BKefSiVkream58LnkhZ7Qe-2B52qR1= xESbg-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">TJC</a> fo= r around $1.1 billion, Bloomberg reported.<br><br><a href=3D"https://url638= 0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzXKBVYivHhiepZpq6qsGXGP3I-2F9bvaGg38pdaKLYaAANA-3D-3DLjhA_I3w5= d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh= 649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c62= 1HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZf= NaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2s6NpkIFlz= 4vWdvA-2FcfjU328bHDF-2FH5DWmTWk0QbmcRrl-2FMhifaLJqZXnGICfclqhUDZR7a-2B6TbjY= ORVfTmpVyiTkBzemktP6k-2FceAimZkyf230qjnenZn4sDQwXx-2B9SGORUmkCQWKVnEpIExqn3= sFLBrW04-2BbX9uMMytaj2QX8bdgItnpKTSQbGAesCbU4PzLWmUglU76i9hqv7l-2Fvk08rlNIa= SWnhRjTXHjD2I0YJiq4aCAC66AggX-2Bn-2F8tn-2Bn04KKqu1s8uT7oGBTps12zn0-3D" styl= e=3D"color: #1D5080;" test=3D"" universal=3D"true">Francisco Partners</a> a= greed to purchase automotive aftersales platform provider <b><a href=3D"htt= ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW= Irf6GFa-2BaqM7ONnvsnswouzXS65ghZPsWPifh9307CdU841sfqqO8U75U5OvKi7PbNA-3D-3D= Y5bo_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR= 5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSY= WdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRj= tBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2= gN1FgUNsQyvGXjKqM-2FzpWaMcyTSoDf0PiVDaP-2BYrS-2BE2K1I2x56ds1g1ZZyNgji9hH-2F= 2qA8CLTk9XlHX7AQ18J1ue5NAq76E0Gcw6-2Fy-2FpNVDFrkl6WNw9-2Bk67-2F1ozgsLPOOgtt= ee0-2FN6BQ5Itt-2BP0kOmdBxgXEMNn3gBZwJGvFBtAY-2FSdA9jFQq5Ma-2BKymBNCXMLkdC8B= Yq89m9jCc8qCHX1tdtIbDOg8Ajvu4ysE4KFLcqwNLPOO6fSag2kEty8JvmOw-2FFB6bJxqvoFbV= r5pY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">OEConnectio= n</a></b> from <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u= pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXS65ghZPsWPifh9307CdU= 8RLehSF8Ua28ZGJv5T0gaVw-3D-3DNLkl_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmz= y-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZN= NqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawi= KPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWC= a-2FjPyMrpaJu-2FZpXsvxD6KVCT2nrBuZQ0CnwEe3otRB0y6T5em4ikmCNFg67VX6cvGcM-2Fl= N9yKuB21cJ0O-2BhilUala9eRFqeJcSSbaWTgMgGUZWc7l7VLIxsE3BQGIFmAM7vGcSTKT7QK-2= FL5xFdhDh3tIqWhtMmY3TzSmIwuzrBBz5EfjPy89NHmpBSGkupGN67VC0MYLR3HNZcV-2Bkj0ZO= p4azy3riX7Sgu8g0RoVz-2B7tigcVvtijr1JKmSy-2Bld66rtLl2eUbxnQUxH7yQI-2FEIWlmeC= l-2FSqSneCcOwUET5aikRDM-3D" style=3D"color: #1D5080;" test=3D"" universal= =3D"true">Genstar Capital</a>.<br><br><a href=3D"https://url6380.news.pitch= book.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswo= uzXS65ghZPsWPifh9307CdU81pAILYDkpUVUNcEa4VCBwQ-3D-3D_4HS_I3w5d9c01gkD8gLzFE= ofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8= MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7g= K-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLA= QG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2mVWE08PpR9CQzn-2F4ENpRZ= KgmEDL5IDpr-2Bf3j83BZ6cTzzr8H-2FPx-2Fc7X5jL-2B-2BaBeCSdk6vfOjfP5XhhHLA1cqxa= IkXhnYzp6QMknH72JvmOIJYmV74S8AMqf9g9cw-2F5LRvYkLqrTBWicY-2Fkczsd0dYFTEEpGq7= HFTfsSAy-2BSpDQPPEXcG-2F5FW91QSqPQ-2FVQ6FOYpgbKRwj5-2F5vi79aY0NjPeX6uEJrdod= z6rHG40SqJP5718BTNS-2BKDswM5C97VPVYY8zcWy4B39vs7T59sWwyo-3D" style=3D"color= : #1D5080;" test=3D"" universal=3D"true">BlackRock</a> invested $500 millio= n in tax and compliance company <b><a href=3D"https://url6380.news.pitchboo= k.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX= S65ghZPsWPifh9307CdU8-2BSDtAmCz7d8z8DAaF-2FAAMg-3D-3D-ubp_I3w5d9c01gkD8gLzF= EofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD= 8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7= gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yL= AQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2qEBPl4T5RL3JT7Ncn86thS= n0QU6EdUJym51xfeB4RDhq76YlpRNFUzb7JauHqorkFzd8pE5CXZO8Gfd2hPw4UrKj1VT-2FJRP= CTRYcGpPvHDdE8CUbKy1FamNRLrUczk0SCqHwR-2Fg4mxHbGYiVQDw0LRQ-2FHBk6T5dz2HNaDt= Lbn8LDffdYf99vnKxe7nQ5aJ6zp3WK08bvfPGQhSsJPHWtvTFe7qsFJwSQI4URC30FriTF17f4l= lBcobfQzRgHHfSVdG2faDHZt6d3-2F3Brrxwhs8-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Avalara</a></b>, which is owned by <a href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzXS65ghZPsWPifh9307CdU86e-2B-2BvowPt9SRpho1VWJUqw-3D= -3DAWWE_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs= FvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88Te= rSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVd= QRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KV= CT2kQjZX2jp0tBfK9id8RCgywU4FQBjswX2XOu0CU7ZU6Ea338Fuk5QE-2B-2BYAWqRm0-2BSXm= 89ZW42OZxOicYPwtI6dHghGJq-2BDn7NBrA0TAJUW46TzGOxqJqC6qHwqVCHjLEc9s49ka5KQve= Lbn0fqPXpuE41SMP41IKEqOsl-2Bgq3H6zNxd-2Fsc1SXAslyQIQMpdysGnEpaeKWifGN6kBB-2= FXIzCe2GmT3BbhOANTz1hdqxtFYS3DxZww-2F8bxu-2Fn8fTlvHE5NurnLuuil-2BkVfLS2-2FF= FDM-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Vista Equity= Partners</a>.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXS65ghZPsWPifh= 9307CdU80aYMQ8cEyWmA-2BiAm1ytJQQ-3D-3DdusW_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarH= kxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Z= vpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-= 2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsS= toNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2qI2OnUi-2FJHaIC7KzgpmL5oY0wcDKjXBjX-2= Fzuxv9VKNx4OBZ08qyKXTrs62wiTatlMbtrXQv6OC2E6PSViou1P27MHRz-2FjgQ5giv5Mo7yIY= RMZbIhJkKCe5LevS8vSADuMxoJIytDaDaOrvXO9A6Ju5ArtF0F5GgbQTS5gujRtFQMomVWwvwu2= 7XQExrVd7Mo8cvSG8tbK0E32YZkGhdmkRn21kKLnuRcFTsLJ5gbTOsOdlqSt3vHjxxaOM2G3U0-= 2FP6TZcIPo7MhTXQAxULG3es-3D" style=3D"color: #1D5080;" test=3D"" universal= =3D"true">Coalesce Capital</a> acquired a majority stake in Florida-based h= uman resources outsourcing provider <b><a href=3D"https://url6380.news.pitc= hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw= ouzXS65ghZPsWPifh9307CdU8jwHS4ocy9k2Huadovry19w-3D-3D05xy_I3w5d9c01gkD8gLzF= EofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD= 8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7= gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yL= AQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2u6YaogTp3ox8On-2F7QhxH= l4h0cpPbBkwgg4DSloBp-2FgKBtgQss-2BcNr3pNDQFGd0S94gdh1Hc-2FO6D2sU-2B-2FiuGil= gjCCRDS8Mjl8cm4-2B5ST5aB4bs4Fwnmwk4au8LoJKbTBIj450y6hYYIZ88JFHYFfKEYL38duk-= 2B-2BLIVeh3VaKhG8Xf8uG4IWSA8-2Bne2OkYYqublLKCcZYU2gbe-2Bqwb7JpQbgQ94uLYJGDJ= zX4dYJOdiYuuQOXBlY17Age7Wwp-2FZRzrQC9gxn9P3jgLLwUtIXzdQ-3D" style=3D"color:= #1D5080;" test=3D"" universal=3D"true">DecisionHR</a></b>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Exits</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXS65ghZPsWPifh9307CdU8JXrw4A-2BVObc5rWj5H2= -2BqGg-3D-3Dq5TO_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUg= FVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqy= RwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf= 0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZ= pXsvxD6KVCT2iEcSfZmTrjq8OSUH3rKMzDCGZelcWUxYASBt6MkiZophOGKnFrw-2FcZbW2YUFR= VXtKlh-2Bx6B1vjV0i6yZ-2FeEgbFktFhhOx5yiRIq0FhJ9veoJ51cqVPyLpyuOCvqjTd-2FqIS= ls4Ump02fLngIBxVMNVw6aK7KyqMMTc-2FBZUciON1tRaLhvZArPyUbDVxnNtCqVKXM7-2FJ-2F= ZV6We-2BfpvXcTbRcPfHEKh4EPHj84oybLmPdPEbDsDI24QkZuBsLnY6NuWnznH393BK9k8WXua= wgE8PU-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Madison I= ndustries</a> sold filtration technology company <b><a href=3D"https://url6= 380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2= BaqM7ONnvsnswouzXS65ghZPsWPifh9307CdU8PkS7DMzB0FSgGuHCnI0uhg-3D-3DQ1J5_I3w5= d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh= 649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c62= 1HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZf= NaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2p3-2F4BMk= HPc6ND7FUJkxWq29PWVgY8cOomoXmT4MptYsFsMu-2FbLYbqG1ODwI3eKY4-2FKe6VR9ap8vdII= orvwd5ViKJhUkSq3v23Q6OFdv01PxZAhimG5xfcWMkKuEsZjXQqIomKbpFA-2FAtKQgQfr-2B-2= FLqHJQw9-2FIH-2FJ-2F1uINL-2FWGjVqPRD-2FQhSC7miJhYzYUNpBoHNhvz728Lj1FeCYTIvG= vBplSLnqaPzWmApCLYbW0oR7Ey0Vae2-2FFkfUaJOCQTyNz-2FDAxFYkp-2FpbSN-2F8OWfYWI-= 3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Filtration Group= </a></b> to <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXS65ghZPsWPifh9307CdU8F= LbxoQNYYxuFLrw5Gtsazg-3D-3DGks2_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-= 2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNq= mCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKP= kd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-= 2FjPyMrpaJu-2FZpXsvxD6KVCT2gb5YHiSUBUj12qJb-2FqadJMbAc8uo1OwDzyhfm5m0y8RGzV= EUUThB4U5QlUznOcKF-2FS-2BKHYfeMZ3vzDGjChI7cVBmHU4sEdLcOuQqy5V1VQNDq53begWTI= YxpTpcdUpRWHZFUaBrtHfSIUksfpsoa5F1JRiQrhKdcGB0-2BVT5kPvLcs3uneIm5ZdawX9VCm5= -2FU58-2BNpBQpwz3a-2FZGAn3moxh1JKn85KIPsREP4i8Obv-2FOA1JngaqmQ-2BvgvTgn6rKY= Fq8l1F6o5WcFdvQGnE2rk4Y-3D" style=3D"color: #1D5080;" test=3D"" universal= =3D"true">Parker-Hannifin</a> in a $9.25 billion deal.<br><br><a href=3D"ht= tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS= WIrf6GFa-2BaqM7ONnvsnswouzWBWyT7bXBUpfCazD8IIdOjV0I9C5G2PINQmzvHDF0DOQ-3D-3= D4rCr_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFv= R5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerS= YWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQR= jtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT= 2onBMMJhqDbUj96rp7-2FEG-2B-2F1pbo086LUHyB3gCkoeAYpj2SY1o3llqGmBDaXo9KD4kj9l= TJOSMupdhm-2FYBWqcYo8Ypac8C-2F3jW1SD8gOQkwXoyadfmdl339wVfpqBWCyA5laFzJaAFQm= E-2FTQelsGhjW8fgCfG4gIKA40Cg4iAaaypr3WrvAEyFTDqdsrlt-2B0g3-2BN9ZOfVGuc0tt6Q= ER4ofhA-2F8qBgtK28Z74NAIO9VkM-2FO37oZVnuiyMZAh1Mxwz74RZNKyoHKdqwBrZAcB1kjg-= 3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Warburg Pincus</= a>-backed <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWBWyT7bXBUpfCazD8IIdOjn= G5jsifI7rpzOTG7DgH8ag-3D-3DfzmP_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-= 2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNq= mCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKP= kd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-= 2FjPyMrpaJu-2FZpXsvxD6KVCT2oSPdaRgnE-2BlTezcph50BUBAOig4kixj25dDyT3KlLHH4U2= AIv9m8INSiUdMHtN8Msecq7dgceG2FKUWEBkUWTK4G7kDbaBWoqQBQAiLG2u22O73n4Qyh6E-2B= aMgJbu9OA0PQoeUL79sAVMi1pr-2FMbEQ5FLbtZeJ4PsAANWY4Nt4-2FCPlV8tXMB-2BkC8cLR1= 8763SvDAd6g3yjJUKNEUG-2BRE9yJlE2qxT0xnpY6PmLMoa4DbqMOsEtEurbLCcGUM5tFCeWu2r= UeqxWuxQnNiDOUOUE-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true= ">Truhome Finance</a></b>, an India-based housing finance provider, is plan= ning an IPO in Mumbai to raise $300 million, Bloomberg reported.<br><br> Insurtech startup <a href=3D"https://url6380= .news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq= M7ONnvsnswouzWBWyT7bXBUpfCazD8IIdOjkg33RAIZ72NDxmhMBxJ3nw-3D-3DPKTp_I3w5d9c= 01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649= pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621Hd= aQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaY= noM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2lA-2BEgmHAde= OcaoViM0O5xXUFfakr-2BZfgkdRVLF3j4E-2Bcto1pwpxDQWbm8lN83QV48KPtQlrzfq9LMR8jL= UwRHdHXgFwe2KQS36F4LOv5JqJzNIHWgBPonLa0a43mIHUXPWn8L6dW4AVmRFOXsnM59t2pb4VG= L5NQvmhOzyYCKGXqaXaiHjoXRgObCfpE1bdnzX6n-2BRUKiqhhNnNDRvMxI8VtnawBYU-2B8HKD= Ya62D-2BjWfP5Sbi8kOAd-2Frhgr6rhKYP7csgBaZE6qQAcJrQC3ejE-3D" style=3D"color:= #1D5080;" test=3D"" universal=3D"true">Futureproof Technologies</a> acquir= ed <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001= .d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWBWyT7bXBUpfCazD8IIdOjnC5asrBa= K5MwLztn9BrpFQ-3D-3Dgyxv_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFF= ROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2F= NjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMr= paJu-2FZpXsvxD6KVCT2qNCRaL573hQ8WlD-2FPvvf2I1J6PLqwlNI3TqEgZadwpAsD8Pwz9Ma9= jetvKU-2BLM4aeCPCFWrPLSS-2BuZGYYKoSrJaMfbNSjwQ53NqQytW7s8QTHRw53iPUyHOXbFla= BUNUIGz-2FFzihTndZ07PZwn0QQFPojZuwAT-2FbYLUx7TDqSwqULnp3gSLPyPVr0-2FFIMj8S4= x-2FW0EI38pQ-2BqJ7FI50U9mnI-2F39-2Fg2e5PpQ6b2if-2Bocid0oRVbtaQUhCf4Zb35Wzp4= kRVnpV53RU4PWD4VwWYM-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"t= rue">Terrafuse AI</a></b>, which specializes in wildfire property insurance= analytics and is backed by <a href=3D"https://url6380.news.pitchbook.com/u= ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWBWyT7bX= BUpfCazD8IIdOjS7gvizDYnZEoPIoiX8u8bg-3D-3DilHO_I3w5d9c01gkD8gLzFEofZR-2Bh6V= warHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ= 4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr= 1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSE= eMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2o-2FpUz8Cs6FpdkiDWMubU0s8Bd4ERSpi= LbxrtoZqMwJdz016em7EtBgjBL9uI-2BIV0HESCVmPEGOAmGuy377sPWVkNHhYW8r2JlbahEb1s= 5Sj7l8qfJlTUtnUOAB3xFpOeZlDvsk1l4jBi-2ByP1jzhsWDYNlkgCaQObFddW3TorUv23vjSdp= N93S-2FQDf90RFV-2FbAwhV1BBzUJaSTq4rSPz4F65-2Fyw9mTWSsUcGCJfKzc47a-2BskdV7-2= FTTVOqThPbYDTFlKV22Q1WBvS3ylEpU3qsXk-3D" style=3D"color: #1D5080;" test=3D"= " universal=3D"true">The MBA Fund</a>.<br><br> AI video platform developer <a href=3D"https= ://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr= f6GFa-2BaqM7ONnvsnswouzWBWyT7bXBUpfCazD8IIdOjuGwSGOlrr0e615baRgnj2Q-3D-3D02= Ph_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-= 2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWd= B5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtB= cdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2vz= OHmxvHiJvF7hAY-2F-2B33Ut6VdfYFdNofi8glYIsuBxtIrtdBrEWQiKLbGiv8WTP-2FhW2FoFC= jeTN1TqE4BDk3j0MI7fWkmkytrEg9CmBITItDZPTwBZo6HIptvDXknabduH7VHaNxsYgJinc9Jp= Q1omj4djNUUGAio3Url-2Fw92oYj1Lh5L5F7d8tsV4aacG9TQnXVEREhvxy-2BtFfSDrpyU1gr-= 2F73SXXXsKoZI-2BurD40bonVCqDiVfGNsHsgb0GXn1Y3eHLn6xZ8ylqnfauZlD9Q-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Kaltura</a> acquired VC-b= acked <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du= 001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWBWyT7bXBUpfCazD8IIdOj-2BwB= GoPyuM5CElqDlGxexkQ-3D-3DO8LH_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F= 3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmC= BcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd= 9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2F= jPyMrpaJu-2FZpXsvxD6KVCT2rVgKZbGPePJe-2FRo-2BKmUNSnS38FkY9wRb1faPwXOJJsbqB8= MQW3wjKwG74a38ySQrms-2BmFBZmPo-2BcvNyYgtPCy0uxDKGxEnfbPcxUZOrleQZo3R6EarAlq= 3iqwQV-2FoudCZjPO03GeMabDlu9j7FBcz4nG8LUJUA-2BqVw-2FJuBBl-2FudqqVzibZvEoLAb= 85M-2FInESppsCBjFMeu81zU1cDkg-2BXpxeZ1v2lE24QTVKK6hiKh2bO3W6l16btlv5tSlZVKu= 2T69m46xxFeHoiQC7sevX5M-3D" style=3D"color: #1D5080;" test=3D"" universal= =3D"true">eSelf AI</a></b>, which specializes in digital avatars, in a $27 = million deal.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Fundraising</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWBWyT7bXBUpfCazD8IIdOjbEEhZgSGR03mIxXEZ= S6UHw-3D-3DN1zG_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF= Va0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyR= wO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0= UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZp= XsvxD6KVCT2rf8J-2B123MZWsN1RXYq6MhQBh6544ZIqeQ4EK-2FlueBrfAgirD6zsaFtHkMz6C= 30bNvGi0VcQviulovERYlJImuGSVvA2GhrH3yrLe6MAZ08HmYToa1dG-2BYK8BSEOKMZiQ1B8pV= r0pJbLCMkbytiWFU4-2FOf13JwrkMqjbGXnKx4F9kcerIS5oR29fWJjNNWBLSWDA9iPynxYRm52= IIZYa7P2-2FQ0xNt6pxIef-2F1szRNfdhY0emayQ25A2Xt4R-2ByL9I7cSARPirMVcyhMA2jMh5= 1po-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Neuberger Be= rman</a></b> closed its fifth private debt fund on $7.3 billion.<br><br> The <a href=3D"https://url6380.news.pitchboo= k.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzW= BWyT7bXBUpfCazD8IIdOjGaJkDYjZq3HbglhmBjwr-2FQ-3D-3DWU2O_I3w5d9c01gkD8gLzFEo= fZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8M= Djli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK= -2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQ= G1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2ku3av0vU9u4x6Kp7yeaImROa= s2vowN6hsI9MJGCEOI9PZhTcwoGzGrPYnePR3NCfcQrm-2BO3ijzIhNa2IQQl2M-2FFNwbEzhpQ= a6jVBn7Ya4NcPPwx10Cy54qpMZJbILcPTz4LHDzJTiLGxrLcVGti8ke7GfFMhvaXnwfL7sOtEAz= YhD3L9SVGTQcOlVPywpN34Ex6W7Yh1Gbhf1brPF9so-2B630aMPreKVS9QsQmxHjsjliXK418MI= QzdrJ4O4d1U2KnmTA5cnY4HDiCnnV4zzPA4-3D" style=3D"color: #1D5080;" test=3D""= universal=3D"true">Qatar Investment Authority</a> teamed with <b><a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWBWyT7bXBUpfCazD8IIdOjeUw5-2B5zjeqEI5RhMgtp= XKg-3D-3DVamX_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa= 0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO= 4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0Us= dXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXs= vxD6KVCT2mpsLJJvzx-2BzL4P07ZQcfBkZ01mkS4Hxbk8laWowmjldSqREPhjaof4VgK2Z5hhCj= Ovs7HprI2mlRnl5Gh-2BNMU-2BtXM9152DkqmPM9k34Y4o-2BgmtcqhOA1Sv6iC-2FYwj6-2BCm= ppqcoNIDr9SqvbPJDy-2Ff4sFHCptU5LUVQmVwhE1gmykAH35P0eBiMSB349OV0uxOzQIJYc2V3= luwF1gdgFjxiqmkw8C4MDP6ilGDw-2FblYbOB3cY0UWwYcY3oQXuDA-2FkjLLtjFmuYH7m8fUMq= vysu0-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Orix</a></= b>, a Japanese financial services firm, to launch a $2.5 billion Japan-focu= sed PE fund.<br><br> Boston-based VC firm <b><a href=3D"https://u= rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzVHkXLLP2UoXyudFAo6UGSExYBgbxT1bn9P7X1MGr8fPg-3D-3D1cqZ_I= 3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4m= qVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0= c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpS= rZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2uwoQ79= kg-2FqVYGfRIiGzzMBFILwM-2FT7KUsbPdQBKw-2BqNRxJ1YJb2AHl8jj3usV2a2wEeUCiyZ0fX= FgmvLEXOScUfBDQyOLuhPxZkE0gDnANOxUh4oukL74gjGofTJNEQuakf9IHFIpnORVOMvHzff4X= VNFJw-2BA5ftIOS4elZjl3z-2BC2QfiSBlUTQagMpHIF8s007Cc4JC9CUepLyr4lQBArvkKGujJ= 4dNNjY4o-2FMRqHNGmLhr-2F0bAD0qD71cUfvbPU1Lb0LBWfPOOQ8RYk-2Foay8-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">J2 Ventures</a></b> close= d its Brookhaven Fund on $250 million. The vehicle targets investments in e= arly-stage, dual-use technology companies.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Chart of the Day</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVHkXLLP2UoXyudFAo6UGSEaESLJQOw4= iuaExuX68-2BaeQ-3D-3Dih7y_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLF= FROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2= FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyM= rpaJu-2FZpXsvxD6KVCT2niam-2Bgu9n2op3aTleuTOPF9irPoL-2BEx6ghvN0wA-2BlZ829Z2P= IO3creOPI6-2BeKglfh4Xlr-2BXcL1bhvUvfw8Smsb1fPyfQJ0lV-2BIRC6OtQsIk75V2w-2BDQ= GQ0m6CU-2Bk7ZRN7V1itGN7G7GDIV85ULNVRu2VGIdfN6n9-2BRjjXooNm2VymLr81cI8AkRIM6= caYqL9KU2m-2FxrZEiTGQUssYw67JaI630RLoXtkFT-2BvVX6XbNBpCEQA2VhtdeZ0L76r4xfNL= RJ-2BBr1Q4CloHs8nAnmACE-3D" universal=3D"true"> <img align=3D"center" alt= =3D"" src=3D"https://img.pitchbook.com/news/71303.png" style=3D"border: non= e; max-width: 420px;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <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> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> </tbody> </table></td>=20 <td class=3D"side-bar" width=3D"140" valign=3D"top" align=3D"r= ight" style=3D"padding-left: 20px;"> <table lang=3D"x-sidebar" align=3D"left" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td> <table lang=3D"x-sidebar-block" width=3D"140" cellpadding= =3D"0" cellspacing=3D"0" border=3D"0"> <tbody> <tr> <td align=3D"right"> <table class=3D"desktop-only" cellspacing=3D"0" cellp= adding=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding: 0;"><a target=3D"_blank" hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzVHkXLLP2UoXyudFAo6UGSEHxnNgLbEAOmDrQBFSUo4Wg-3= D-3DA7Pk_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pz= sFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88T= erSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOV= dQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6K= VCT2ubl5NbgdEpSONxCwIGyMjTDoUSPng9H7sEIsAJwTzVW2l-2Bt8RbkJyAJEyDhu1VsoNdR1y= gzSM9tFvyUZG2hWIpErfA7nCm97DjHIbw5sfVa92G9I1H6Kyf85uN-2B-2FWcegBkyCmcr2WIGv= g2RyO8Kl1x7WgOdlo-2BzSeahL11qYaLjQzyREcs3m5nN60H7NbM9HSwlhg4n3mMNg6RJHyayrR= P7EkFs-2B2goLLyoLkiAdw2JtKEbIrVOIgJND-2BgVqIuCDtizQigXAkMHzI4znCJ1f2E-3D"><= img width=3D"160" src=3D"https://img.pitchbook.com/ads/ad4354/Churchillnovv= ba.png" alt=3D"Ads" style=3D"padding: 0px; margin: 0px; border: 0px; displa= y: block;"></a></td> </tr> <tr> <td style=3D"padding: 0; height: 20px; line-height= : 20px;"> </td> </tr> </tbody> </table></td> </tr> <tr> <td align=3D"right"> <table class=3D"desktop-only" cellspacing=3D"0" cellp= adding=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding: 0;"><a target=3D"_blank" hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzVHkXLLP2UoXyudFAo6UGSE-2BHxKfJb-2BeryreRK-2FhY= hSWw-3D-3DFT43_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRw= O4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0U= sdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpX= svxD6KVCT2k-2BQzLBpl8h7KLIrFWq5RxGXB8rbEwxzEJl-2BXdVfkRj56FSoAJxGwF5gmHGLZO= hwzqYqmdCmRdYoJh1PDgyJYOZI6PPBicCCuQ2AE8crSllNpk26GRbNJoYF9E-2FwEv5rpLfy3e-= 2BxutTZmJBwMDszeicEKnY0WRKqjrsPaN7ZMVBQh9Zdl-2FhQx2RXB9IYF9sdh6sCUSAVETWDL7= IA1EajXTCqS4LDZFKCk1fpOCpkd8nxsGTMrOhZ38mhadZCbRzZgynN-2FvxxiYKppftkXhw7uB0= -3D"><img width=3D"160" src=3D"https://img.pitchbook.com/ads/ad4368/LLM_Par= tnership_Anthropic_NandA_Ads_QA_Prospects_160x420.png" alt=3D"Ads" style=3D= "padding: 0px; margin: 0px; border: 0px; display: block;"></a></td> </tr> <tr> <td style=3D"padding: 0; height: 20px; line-height= : 20px;"> </td> </tr> </tbody> </table></td> </tr> <tr> <td align=3D"right"> <table class=3D"desktop-only" cellspacing=3D"0" cellp= adding=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding: 0;"><a target=3D"_blank" hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzVHkXLLP2UoXyudFAo6UGSEAR3igKu0Peo9ONe5lhCwvg-3= D-3DmMrq_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pz= sFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88T= erSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOV= dQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6K= VCT2uZLKuHo1XT6CfmFfqNQuRXKl-2FpX1bMThnIQ-2B94bcszLeLYlfyh4fg4IIetNzpM9ZaKZ= hqTstI-2BVf0ITP2lwwAjPrq5uOfG0Zrtayyo-2BrgqckDIGcvdqbNFqAhH7TuzcBG-2FpwCH34= suNKxeoERB5odHQiMaRDQt-2FZO-2FGWysP7DYEINnJK89w3md65zXZaz3DDStSQLD2HwwL9jOd= xVtRP8FeomnsrmE9X4UPPCO3lH4cNryKz0Bmffwyxf4svhcL5IXYLvbefqVOoPpbfJolpIA-3D"= ><img width=3D"160" src=3D"https://img.pitchbook.com/ads/ad4394/PB_Navigato= r_Non_Client_Comin_Soon_160x420.png" alt=3D"Ads" style=3D"padding: 0px; mar= gin: 0px; border: 0px; display: block;"></a></td> </tr> <tr> <td style=3D"padding: 0; height: 20px; line-height= : 20px;"> </td> </tr> </tbody> </table></td> </tr> <tr> <td align=3D"right"> <table class=3D"desktop-only" cellspacing=3D"0" cellp= adding=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding: 0;"></td> </tr> <tr> <td style=3D"padding: 0; height: 20px; line-height= : 20px;"> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> =20 <tr> <td> <table lang=3D"x-footer" width=3D"100%" cellspacing=3D"0" cellpad= ding=3D"0" border=3D"0" style=3D"min-width: 100%;"> <tbody> <tr> <td width=3D"460" class=3D"container"> <table width=3D"100%" cellspacing=3D"0" cellpadding=3D"0" bor= der=3D"0" style=3D"min-width: 100%; padding: 0px 10px 20px 10px;"> <tbody> <tr> <td style=3D"font-family: Roboto, Arial, sans-serif; font-= size: 10px; -webkit-text-size-adjust: none; text-align: center;" align=3D"c= enter"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4= n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVHkXLLP2UoXyudFAo6UGSEZk-2BH65IiL= gRHgt2UzTUN1A-3D-3DfUr7_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb= cbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFR= OL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FN= jOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrp= aJu-2FZpXsvxD6KVCT2m5ttJcejiCFiCr91rwfddpMEC9FQ1y3EdZDoOSz4hR8e98rfNFtgvT71= ow1pMKk9vTs71Nn7MrWqJ8bvEcZ-2FkXhtckzDe7WWWjF5RmY3lLJSVDSc4HwfgijEc8brFhVYg= sSq4eooJ2ORptoHZFwYRNcPG9vUM492tNoQKInUx5IkQISGzzHgUK6Vue-2B-2B7JVHtzzmDLEi= 7k4c3MqyItL6Z3lUYVoF5ygTJFL-2FxMFshNM2ZAtNiBVvtsUHiQJV2XZd1vhZ5mSk-2BPX-2FS= vNfjzWm0U-3D" target=3D"_blank" style=3D"text-decoration: underline; color:= #1D5080">About PitchBook</a> | <a href=3D"https://url6380.news.pitchbook.c= om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVHkX= LLP2UoXyudFAo6UGSEDoo5i5DToGCJsjgm-2F5-2FGxw-3D-3Df1_1_I3w5d9c01gkD8gLzFEof= ZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MD= jli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-= 2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG= 1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2u5AoVZL0hu3DwZDIl9g8Ma5Go= PWAZ-2FUhU37WEr1x8ei6RqwfYuxTK-2FyZBjIY-2B8UyZ1oaq5EhH3H4Hj0jVR46Ja8JycvuMU= 9Vscyupgn-2FckcEITSuVTtgKlYO8oyiIPV8m8gvZVj6SwTGJlEMwrj-2FKHvmVuo9ydQVmgSeg= NrKli-2F-2BNYwLRC5-2BwS8DPEPDrt6SK1Q9Be16hGp6eLeaxDbn2Q72UX7DnPOvhyGsgve9uQ= Cm7gowK4oXgJWaGXOjJrmjhJQ6rKpq-2BWF-2BVVY2GxQHsg-3D" target=3D"_blank" styl= e=3D"text-decoration: underline; color: #1D5080" universal=3D"true">Terms o= f use</a> | <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du0= 01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVHkXLLP2UoXyudFAo6UGSESdHeGb= ENz-2F3QhdXpaZlZmg-3D-3DLJaU_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3= t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCB= cLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9= v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2Fj= PyMrpaJu-2FZpXsvxD6KVCT2h7DItyE7vLK-2FCk7fZEAy43aacTzLLkmaKFxDBedNTAesyVh6Q= SkaEZgtVjbDqWNom3fe0JoXpQziUvMSms7l-2BimDh5Oy4Z-2Fv5H2-2B6q0wfXC2qY2bSA67QY= 916kSAKZDVyMwNgUmIJGAmjT86Gpn3AdVMLX5-2BvaK6ljtPFk2fq93-2B9hqWx0rcFOpTkVos9= MNDRR3jFLV0zSjXSAnKM3GHkawNwXmbGY3bRuMWFHgIZHeY3VJY4ptu83gmR6bJ9-2B3MSEE5Zo= x7wrmBqr33n-2FrG2E-3D" target=3D"_blank" style=3D"text-decoration: underlin= e; color: #1D5080">Advertise with us</a> | <a href=3D"https://url6380.news.= pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv= snswouzVHkXLLP2UoXyudFAo6UGSEhd6p7ax-2BR9oNzs6zG6kSlg-3D-3Dj6Ge_I3w5d9c01gk= D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtS= rkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2= BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3= pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2kXdZypB-2BQfl0Mp= Ttn6dCwVPYPwKuFPijbkpE1b9OXWhiCIPuoHGF-2B5jZBk2pVgB2O9Mmpa-2BWAdedIpspuX-2B= fvIaoI0YJIrRjQ82GV6SS0jY3e7rWntq4Yx0WbB-2B4jUntNODX6YL7uyCvcW6GWnVMC0hUALdV= uT-2BFO0oNQQLsvVbB7-2FEmHyS98485TXyZ9bMUMGtPn5QQKc979JYOR7foySuk9Yq0yqOvfaW= bu97xd-2FxvKtZm6WIcDdN-2FkGS8EXFVdu-2Fc5GKZpQ3g9aei9I0HTc-3D" target=3D"_bl= ank" style=3D"text-decoration: underline; color: #1D5080" universal=3D"true= ">Contact</a> <table width=3D"100%" cellspacing=3D"0" cellpadding=3D"0"= border=3D"0" align=3D"center"> <tbody> <tr> <td style=3D"padding: 15px 0 0;" align=3D"center"> <table cellspacing=3D"0" cellpadding=3D"0" border=3D"= 0"> <tbody> <tr> <td style=3D"padding-right: 10px; font-size: 10px;= ">Follow us:</td> <td style=3D"padding-right: 10px"><a href=3D"https= ://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzVHkXLLP2UoXyudFAo6UGSEGw-2BQLtqsBoE0G8yhPGAazQ-3D-3D1F9v= _I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F= 4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5= t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcd= pSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2vFaz= Tsq-2FXCx9TszG-2BVAitAC-2Bdey6U-2F8wPWoa25uIEj4cH1MyxOIc9zSTm6ubDt-2FpOs40g= bQCKmvD6OuLI-2B9M-2FND9Y-2B8ex0dkqmm2Ld2mSJBjTwZL8RDg3nqLa7JFdsqVNEKjCctU00= oMqcv2EWMjfmM9Xdmi-2B8eVGYCnseIcDZLg-2BYQanD3sl9l71heP8O4kcFOOdGnOp6YsCx4t1= 58QN4WLbhVsyMReNkldM-2FZMwXfnZJSLqXiG7NQIidoNQxSdMEnZFxMf-2BQouV6ASuwCMog-3= D" target=3D"_blank" style=3D"text-decoration: none"> <img src=3D"https://f= onts.pitchbook.com/newsletter/linkedin.png" width=3D"25" height=3D"25" alt= =3D"in" style=3D"border: none; padding: 0 0 1px; vertical-align: middle;"> = </a></td> <td style=3D"padding-right: 10px"><a href=3D"https= ://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzXECTzXzz8eQzrR7xKGXI6gM2AwYA-2Be3XM4Z8Bfxbde6Q-3D-3Dl2lM= _I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F= 4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5= t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcd= pSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2gfaL= dQ1gOD-2FQbINsgQBI85tEYBCNaF2fXR5ZGeRn96lYcLvoaOiH4RgZwSENu4t-2BekiknEnN96m= IZYnev0otu8Wle292BWmofXgs0UqduAIJgt5tWQ2-2BbjYuHLE3qqVBiSeWOt5JE-2Bo-2BKIUK= deG-2F-2FPkLPewcKszYVAYUvAo0XnqB5s19WIVmNIECq0bHPLJHcrZ7awn-2BcqLzC5Wvn8nyh= yz2i-2F8IK4Gfrqd2qlNuXhXlPz0rUlSjtrtV8Q-2BHm1rkIZGjIVhRUShbSs-2BTCLB-2BlE-3= D" target=3D"_blank" style=3D"text-decoration: none"> <img src=3D"https://f= onts.pitchbook.com/newsletter/twitter.png" width=3D"25" height=3D"25" alt= =3D"twtr" style=3D"border: none; padding: 0 0 1px; vertical-align: middle;"= > </a></td> <td><a href=3D"https://url6380.news.pitchbook.com/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXECTzXzz8eQ= zrR7xKGXI6g64VsKVb5XjmEB2W04qZv3w-3D-3DBKx__I3w5d9c01gkD8gLzFEofZR-2Bh6Vwar= HkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9= Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7= -2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMs= StoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2upDRMD0n9ii4kuYxwQeT1ZpgE-2FaxhTbhzL= prHPLPDsnQI6vhcI4Dec7FryGEc2OrxQQrCf0GGU3AzvzO2gPIP-2Fs9W0tk4MxP5-2BSfUzddR= E0g5IiTCdqqcr0FHEKWSzVuSyqBNIF-2B3YcRECcoo98rfQklyKmVN-2FmXju-2B2-2BArtWFsB= z9q0FRW5GPNex-2FbGDzeM-2Fp4HzIWZ3BaIOqlCRPB2wy5XIHKPf-2FQ-2BzgQ39MPt68F-2F6= FGdhm-2B7eb9d0ClkLfe1NgLSceJof-2FFH0KNKwpOQP0-3D" target=3D"_blank" style= =3D"text-decoration: none"> <img src=3D"https://fonts.pitchbook.com/newslet= ter/facebook.png" width=3D"25" height=3D"25" alt=3D"fb" style=3D"border: no= ne; padding: 0 0 1px; vertical-align: middle;"> </a></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <p>This email was sent to <a rel=3D"nofollow" style=3D"te= xt-decoration: underline; color: #1D5080">most@ponjosonek.com</a> via the P= itchBook Platform.</p> <p style=3D"margin-top: 14px">Click <a href=3D"https://ur= l6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrYCQ-2F7Wx= 1VdE7sYl12opJBSgX8wjgWQkjpY2yE70mtuFtQh5JMynEp-2F-2B0ZsygXiW0dASWMAkXrIC3kg= -2BeC0SuDoyGjKHmOSdfo63E0RLyaXhmtZcu9qypgyxWwak1NhA0coLyWLpIGucErQpvbIjaXQ-= 3D-SNx_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF= vR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88Ter= SYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQ= RjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVC= T2gqwXXUjwhU28Ra7DVaf0ulF12-2BqJA12UOYyCGZLxhirC-2BNedGlJR6Q3CQFhz8OlcBg8gM= t9wG8-2F8vQ63HMRPG1lDSbZLvF1Z9Kyb9iAf3UVXpUVOS0PhbHuLUzSqy2MRDIc4Xe01EpNLIs= -2F9VOhgmKxhDII1O-2BboM-2FAPZcj2q2RTZH-2FOZaWjCdjPxoztY49bJpzPVz-2Fx59s5qmH= f-2Bj4-2B-2BUGWWol0-2BKjqNqqiG3IFhqksNB-2FcXF7nt6bTvCNr6QCCa91K3Si6XbXQwfXr= 0RoJVY-3D" target=3D"_blank" style=3D"font-family: Roboto, Arial, sans-seri= f; font-size: 10px; text-decoration: underline; color: #1D5080; -webkit-tex= t-size-adjust: none;">here</a> to manage your subscriptions, or if you no l= onger wish to receive these emails, you can <a href=3D"https://url6380.news= .pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrVRvnzbxJbWwDftsHe-2= FnJ3PNCbp5fVdgUVvM0uKhBfShb0-2FXm4f84Oam-2FsIf-2BQHY-2F9cBWz93zxOvFSzafZw8L= oNeS7HBprvPhxsRX659VZdcmKyMzD4eMk3ZOd-2B-2B-2F0Y7oCpRRexO3AXTn7AxiLzOJmi1BN= thQ7l1V7xQNEyyozi92kwz_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbc= bdWeUgFVa0m8PzsFvR5-2F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFRO= L1haqyRwO4p88TerSYWdB5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNj= On2dVf0UsdXQOVdQRjtBcdpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpa= Ju-2FZpXsvxD6KVCT2moL0nL7Bdp9ojklP4bx2zTKUXmFGpImSKqrwcWq6uax0bL1tW-2BhkX0-= 2BgsQG7lQ46wDTgivKfw5v68b8csxNOmNnydUXZN-2F5rw32biN3Cg84uEmHXlqjWKQus41s7ds= PvzgwK2oQNRP6ivDC74u69I9-2B01Zh1jzksOpSYk-2BXg84Iza-2FB5aTDgl-2BlSVT1-2Fyak= RypQdn63kFpVp-2F2tLRSESfeSF78q1cK5j8S0BurWi0fVvqLuulAxR8kxTYTZuWbYH67z3Kdab= Z-2FgqdBbqfDPBBY-3D" target=3D"_blank" style=3D"font-family: Roboto, Arial,= sans-serif; font-size: 10px; text-decoration: underline; color: #1D5080; -= webkit-text-size-adjust: none;">unsubscribe.</a></p> <p style=3D"margin-top: 14px">PitchBook Data Inc., 901 Fi= fth Avenue, Suite 1200, Seattle WA 98164, United States</p> <p style=3D"margin-top: 14px">=C2=A9 2025 PitchBook. Win = what's next. All rights reserved.<img width=3D'1' height=3D'1' opacity: 0; = style=3D'display:none !important; mso-hide: all;' src=3D'https://my.pitchbo= ok.com/ms/pixel?userId=3D3DABLZ54MOPJL5Q&eventSource=3D3DZQDXJQ6VUBAECQE7XY= 5D5PSLQI&emailId=3D3DPVSJ4CAMKJBWA&emailName=3D3D6H3WX3QH7CXEMMMBQSMFL245ZG= 625LDUYNYOD6M6QHVPV46EGQLU2DKV43QYFSZS&pixelPosition=3D3DPED7RLFD4GN3BVMRTF= QEHYZOOJCKA34MS5JA35Y.gif'/><br></p></td> </tr> </tbody> </table></td> <td lang=3D"x-sidebar-place" class=3D"side-bar" width=3D"160">= </td> </tr> </tbody> </table></td> </tr>=20 </tbody> </table><!--[if (gte mso 9)|(IE)]> </td> </tr> </table> <![endif]--></td> </tr> </tbody> </table> <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrYCQ-2F7Wx1VdE7sYl12opJBSrnS8sfA-2FdXQL6-2Bsw8UD0p9XX= 6_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFvR5-2= F4mqVh649pNtSrkTOQD8MDjli6IrZQ4Y9Zvpy500LZNNqmCBcLFFROL1haqyRwO4p88TerSYWdB= 5t0c621HdaQ-2BiyMm7gK-2FDIvSHr1v7-2BhWOFawiKPkd9v-2FNjOn2dVf0UsdXQOVdQRjtBc= dpSrZfNaYnoM3pxU4yLAQG1iZh0GSEeMsStoNV0JKWCa-2FjPyMrpaJu-2FZpXsvxD6KVCT2uA2= TwQgH-2BsnIBfwgooMAT6AKWZhabA2ZVGKqVhFG-2F8lSvYjOe9sQehp8YChnUnNpLhdNgrH3j3= j9wNq5wbSfeqRsj7GSaRuFSxNSBo3J4Dm0i77Eh55-2Bfs3TkVPzToifuiN1URRwQx-2FVuskR8= mi9IWv9YFEn3UXhqoD9YIRb9eO0UnuLCMmyJvY9tKgN-2Bs4-2FXo5-2FjLUIJ8lbF8DO8eEJoC= mB-2FmJn-2ByKTEP1lR9PWcUUJEtnWv-2FVtaunN-2FNADfmjbdz-2FhTFqQKn1xlmuMJzcjsU-= 3D" style=3D"display: none"></a>=20 </body> </html>