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Edit File: 1763393668.M905540P4123155.server-619288.prediksijaya.com,S=195209,W=198743

Envelope-to: vetyl@ponjosonek.com
Delivery-date: Mon, 17 Nov 2025 22:34:28 +0700
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Date: Mon, 17 Nov 2025 14:08:33 +0000 (UTC)
From: PitchBook News <news-noreply@news.pitchbook.com>
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Subject: Fund bosses pile into digital assets
To: vetyl@ponjosonek.com

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style=3D"color: #78766f; font-size: 1px; display: none !important;"> Wall S=
treet bets big on VC secondaries; enterprise SaaS exits pop; Aquarian Capit=
al eyes opportunity in 'peak 65'; CVC Capital's private wealth push </span>=
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d morning.</b> In today's Daily Pitch, we break down CVC Capital Partners' =
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                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574728" id=3D"n_574728" style=3D"font-size: 0; text-decoration: non=
e;"></a>=20
                          <table lang=3D"x-news-group-title" cellpadding=3D=
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tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
erif;
                                                                font-weight=
: 500; font-size: 20px; line-height: 26px;"> More fund bosses lean on crypt=
o startups as tokenization wave surges </span></td>
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                              <td align=3D"center" style=3D"text-align: cen=
ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVdWsDw8pCFlWz1a-2FIeB9U99qgHafm=
dmJJGSCVBKybhaQ-3D-3DD1lR_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKy=
KvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlW=
Ce6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqL=
kHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2lgE9VgvD7wgV-2B5-2BZEVEkrF71kpv=
00x8Jb5s3RHeuXTpD0qZXyPb1vkUhvp4E-2FCbexuoE8R5EM0Z433Mm4818TDDzbDX4woVP1PrU=
sd-2BLlup-2Bh5v1I3Y4QBjdtOq8WyJpSECyJxreKsprYpubU6V-2FgKk6rNunHHDorAav6-2F4=
ADCCApInJGAjWtz8t6C1d9qnGPcrERLFiJ9xIVqU-2FUcwk8AR6loe3EdQFvS0Kc-2BHhst2g30=
32hPw9-2FqDAekTO9XO2mea6e3DjPUfk-2B4NxN40mlz" universal=3D"true"> <img alig=
n=3D"center" alt=3D"" src=3D"https://img.pitchbook.com/news/71399.jpg" styl=
e=3D"border: none; max-width: 420px;">  </a></td>
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                              <td align=3D"right" style=3D"padding-bottom: =
8px; font-family: Roboto, Arial, sans-serif; font-size: 10px; line-height: =
27px; color: #78766F; text-align: right; font-weight: 300">Carlos Domingo, =
CEO of tokenization specialist Securitize (Courtesy of Chase Devens)</td>
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                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
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                              <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 =
Alexander Davis, Head of Enterprise Reporting</i><br><br>
                               Crypto-focused entrepreneurs are shaping up =
to be among the newest and most innovative players driving a generational t=
ransformation of the private fund industry.<br><br>
                               At the center of the trend is the growing is=
suance of digital tokens, recorded on a blockchain, that represent an inves=
tor's ownership of shares in a fund, stock, bond or other financial asset.<=
br><br>
                               Tokens bridge the gap between the worlds of =
traditional and decentralized finance, as they can be traded with other dig=
ital assets once they're "on-chain," to use industry parlance.<br><br>
                               Roughly $3 billion in private market assets =
are held in tokens=E2=80=9410 times higher than the level a year ago=E2=80=
=94according to data provided by RWA.xyz, an industry tracker.<br><br>
                               Tokenization advocates, from BlackRock's Lar=
ry Fink to SEC commissioner Paul Atkins, are hailing the innovation in digi=
tal asset management as a game-changer for modernizing and streamlining the=
 workflows of an antiquated industry.<br><br>
                               Gaining market momentum over the past couple=
 of years, digital platforms that help private funds raise capital through =
individuals highlight managers' growing reliance on fintech innovators to o=
pen up the once-exclusive world of alternative investments=E2=80=94at scale=
=E2=80=94to a vastly larger new segment of the investing public.<br><br>
                               BlackRock is also an investor, along with Ha=
milton Lane, in Miami-based Securitize, the leading fintech startup providi=
ng tokenization of real-world assets and a range of fund administration ser=
vices.<br><br>
                               Just days ago, Securitize said it would go p=
ublic through a reverse merger with a Cantor Fitzgerald-backed SPAC, valuin=
g the 8-year-old company at $1.25 billion pre-money.<br><br>
                               Securitize is the latest digital asset manag=
ement specialist to announce plans to go public, following deals by crypto-=
focused Bullish, Circle and Gemini.</td>
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                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table>Essential services=E2=80=94from HVAC =
and plumbing to pest control=E2=80=94are fueling one of private equity=E2=
=80=99s most resilient and fast-growing markets. But the playbook is changi=
ng. Today=E2=80=99s value creation comes not from roll-ups, but from discip=
lined scaling, digital transformation, and workforce enablement. Investors =
who modernize technology, empower frontline teams, and standardize operatio=
ns are building platforms that outperform on growth and margin. Success now=
 depends on execution=E2=80=94connecting people, processes, and data to cre=
ate lasting value. The next decade in residential services belongs to those=
 who operate smarter, not just bigger.<br><br>
                               Ready to turn your next investment into a pl=
atform for performance? Start transforming value today. <a href=3D"https://=
url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2=
BaqM7ONnvsnswouzUZIPYw6M5V1c1z0HEIvuAKK1xzYevH37HG-2BzAesn4-2F-2BA-3D-3DCwt=
T_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxn=
aepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3ze=
pQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe=
01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FH=
RE6AizuzvUuY3TrBJSA2nNz-2BsVHr2bRGINW-2BvRWp6WoHGj2TwZNtz3ZpsO6NxHg9asveGpR=
izKz98ivRk0OGoSAZYDNbGHm4s6QRdAhtTgL-2FVNcB3ZJyY3oJ2Z2ZVY3V0tGi7JOofx3ISGVW=
Ssyi7oQpLMG9GOBmUx0B-2FOsall48-2BM-2B72pHtG-2Fn5wp-2BNQ9iefhpAq65xgI23BPDSu=
xrtcIQJIDv2ecOyS3a5Do-2BhdMPpRy6CdrHr9DkY7yo-2BBGxoSPp1PUAcDlw0sJQOuMBoCBzI=
soqg5PAfCXdQQ42kuB" style=3D"color: #1D5080;" test=3D"">Read more here</a><=
/td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Catch Up Quick</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <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 exit value in the enterprise SaaS market shot up in Q3</b> as AI =
fundamentally changes business software, according to our latest Emerging T=
ech Research. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up=
n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUZIPYw6M5V1c1z0HEIvuAK=
LlILcFIp-2B-2BM3AVCCXptkjw-3D-3DX8h-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0Y=
QP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Yp=
ht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT=
9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYu=
f5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2kf7zbOYY6IzH0bTcKyO9=
VQ-2FDXvWo28t5SGV4m8CLVwW7qFhlWia27O-2Bfy9YAmWaWG0NXdz5a-2FQU4TP-2BNOmqIOCv=
3Q5KjNwqga2kM7WmjKu3AtickweXRPSTC41RjXYpwajCcphNzhzpZ3i35bbxS8a-2FRE4e-2By0=
nGeyy4v8LBp97R641NCNzGGIc5HRgMjiPt2fhTYY3wlMyCpzPRe-2BMeKMBq9ETMA96IhsXYoV2=
fq1-2FQIghjt4rBU78pIIgLOKkj4PVTJBfJfKIEGTfu8-2Bw4lK" style=3D"color: #1D508=
0;" test=3D"" universal=3D"true"><b>See what else our analysts discovered</=
b></a><br><br>
                               =E2=80=A2 <b>A record number of Americans ar=
e hitting retirement age</b>. We caught up with the CEO of Aquarian Capital=
, which views this as the latest growth opportunity for PE. <a href=3D"http=
s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI=
rf6GFa-2BaqM7ONnvsnswouzUZIPYw6M5V1c1z0HEIvuAKBcyMfea0IoHQBxGgEB49JA-3D-3DX=
eUG_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0lo=
xnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3=
zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoC=
Qe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2=
FHRE6AizuzvUuY3TrBJSA2koOEa5TCnnmDKNmfLrE3-2BqzqZGSkpf1j3KwzdOlBcYTnKq1R6ww=
86VaMtmzSJ7y0IPBDDUEWzXKYPy6iuhqOnGc1o3ZURQAd8oLTDWW3Mx-2FLohENaNFb7iVcFK-2=
FPto30Jw8s0nTjxNtIkZJPDmXxPvUYXSLBwT7R7QwJuf9mhuTbOLvP4Ghej9ZAldLScd9QZLsUy=
QaoBK-2BSK331SBQuzRgNRD2iL-2Fl9rmWNZtd4pd-2BiBO2Q8l0nNQ78mD1RaJz1LmaPNofKrG=
unA4W0xHfrlv" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Rea=
d more</b></a><br><br>
                               =E2=80=A2 <b>CVC Capital Partners is acceler=
ating its push into private wealth</b>, increasing its AUM from individual =
investors by 69% in Q3 to around =E2=82=AC3 billion (about $3.5 billion). <=
a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B=
rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUZIPYw6M5V1c1z0HEIvuAKFW-2BWvSL56z-2B=
0gHr4xwd38Q-3D-3DxyrI_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43=
kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq=
8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g=
-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY=
1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2kimwJ7dYdK6u8vBBqONO2VjV61lebROLHk4=
CnK7FhwE2pDOBW0J292SUTl0VqpuAiLA2iyljBuQNWJgbja4Rx5O-2BgeuidM-2B5WcVDT5TKCq=
TMGpDAt9A4sZ7HObbq6Fp7Le1YE0jU6m5Dzrfh2PfovNrqKZPI6FXBYxhoPFl6QjuNIZmVwPf0v=
3EznCVAf9AQ9C-2FuKTQoprWEBPEEgGfoLfxPG14evS-2BIz2NLBprk2RzX4IfB2L5-2F1Zeyjt=
3g31NlOk0cUMd8JbtKntuvsbiO-2BN" style=3D"color: #1D5080;" test=3D"" univers=
al=3D"true"><b>Find out more</b></a><br><br>
                               =E2=80=A2 <b>Interest income from payment-in=
-kind loans fell</b> for the third quarter in a row at business development=
 companies, PitchBook LCD found. <a href=3D"https://url6380.news.pitchbook.=
com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUZI=
PYw6M5V1c1z0HEIvuAKpRGfoK22QWRrh0VibUEbJQ-3D-3Dw-YA_Pr966knuaHmaw6c7pKvB-2B=
CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEe=
k5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfU=
Tr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9V=
eb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2nTYoj=
bO0x48blyANjrM6bTLJGdLtLkEBOk72ZNO32cIUdol-2B0phbV423A9AO3r8h3tHalxKGNhnDtl=
ffrt7ih-2BPqs42Oq2pAlIUmkoD8tY-2FpZEBrMU8or1I2qZvupgdlnspltAu1Bly6L7vEm5gyA=
Ft7eTeSr4APXoFtcL5PjBPinoccQnqzznw5zOvu7VvcMPhVB9HbKbu-2BjnrdrrOZ4i57Z3rJ8g=
vJOZ3xYpDkLP3fpeVJXob72TcR5H9otq9mfJW2V8GmSfReR0pB-2FrrBm6" style=3D"color:=
 #1D5080;" test=3D"" universal=3D"true"><b>Read more</b></a></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574741" id=3D"n_574741" 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;"> Wall Street bets big on VC sec=
ondaries as market hits $95B </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 =
Emily Zheng, Senior Venture Capital Analyst</i><br><br>
                               The US venture secondary market is accelerat=
ing, reaching an estimated $95 billion in annual value across direct compan=
y stakes and continuation funds in Q3, according to our latest <a href=3D"h=
ttps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7Sp=
SWIrf6GFa-2BaqM7ONnvsnswouzVdWsDw8pCFlWz1a-2FIeB9U9Aaq-2FCITcIMrWxTDPys3BOw=
-3D-3DHZB8_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA6=
8NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6=
KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcII=
UAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2=
B57VI-2FHRE6AizuzvUuY3TrBJSA2nWPK3PWOUyb4CsKpDzMnmpVNALAvhEL3KWrobmNCJucKhp=
E5RjwW9a9Ihz5a1y65Os0m6oCNfqMP114bOXYtoMu8xARSZl0tNeo7IzhfdUO5VrF4C98tD8HJb=
DM35BUK66R80G6H6FeZImDuaajO4IA0fU-2BlbQqzBssG5zlgHL-2BtzzS4KiphsklA0uIGdZmL=
uQgJIASWqU70SRwA8X6LVZMRKGLoCnz6zhI9B5ZbHcBB7mWAG2TD69I-2FZ7UrCaIFH8RusEEtV=
otqDmWQ8mNn9Q" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>US=
 VC Secondary Market Watch</b></a>.<br><br>
                               Direct company secondary transactions jumped=
 over 31% from the previous quarter.<br><br>
                               Rising valuations for top startups and persi=
stent liquidity pressure are driving record deal flow, and both Wall Street=
 and retail investors are piling in.<br><br>
                               In October, Goldman Sachs acquired Industry =
Ventures, a pioneer in VC secondaries, marking the first time a major bank =
has bought a dedicated secondaries firm.<br><br>
                               Within weeks, Morgan Stanley and Charles Sch=
wab followed with deals to purchase secondaries marketplaces EquityZen and =
Forge Global, respectively=E2=80=94moves that expand their offerings in the=
 highly sought-after private market and bolster their wealth management cap=
abilities.</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-2BaqM7ONnvsnswouzUZIPYw6M5V1c1z0HEIvuAKJqYQVbR8t=
TVz3DRlof0ZZA-3D-3DQAPh_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKv=
Zq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe=
6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkH=
FY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2kTYIuHm5mcDmBVHr3SY1ItraJlBE39bcG=
5vS7vIqjhAOGC6M-2FcOq3x73BYKko23X6YYaTJmhJVH5JBYik3tOXUkc-2Be-2FDHtjEQD1ekx=
r8rbc8vnmCSszmUJjUHNXS1wxw7QwlJC-2BboBs3KKm-2Bn-2Ff0Xrd14ZlsTlfI1owgkktEnW-=
2BgH2ZbQeQa-2FV4A2Rjj1F7tRKOelwJB5VlY-2B0bVk0Gp9ODuZTNfC9lsfB8ejqOu9e8477Kv=
J8KbON1bdz6ElWRCEQsjUr64le6UDJndoGcHuL" universal=3D"true"> <img align=3D"c=
enter" alt=3D"" src=3D"https://img.pitchbook.com/news/71418.png" style=3D"b=
order: none; max-width: 420px;">  </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </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">Smalle=
r investors eager to access top-tier private companies have piled into spec=
ial purpose vehicles. The number of secondary SPVs grew 682% and capital ra=
ised increased 1,340% over the last two years, according to data from Sydec=
ar.<br><br>
                               While the acceleration underscores a growing=
 appetite for secondaries, the market remains relatively small compared to =
primary VC investing=E2=80=94just 2.2% of total unicorn valuations and 32% =
of primary exit value over the last 12 months.<br><br>
                               Instead of spreading wider, the market has c=
oncentrated. The top 20 most actively traded startups account for nearly 96=
% of deal value, with the top five capturing 74% over the last four quarter=
s, according to data from Hiive.<br><br>
                               Late-stage companies in the AI, defense and =
fintech sectors dominate investor demand, thanks to policy tailwinds, while=
 most other startups face deep discounts and thin trading activity.<br><br>
                               With $3.7 trillion in value still locked in =
unicorn startups, secondaries are well positioned to evolve into a core pil=
lar of the VC ecosystem.</td>
                              </tr>
                              </tbody>
                              </table>
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cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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cing=3D"0" lang=3D"x-content-btn">
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order-bottom: 2px solid #40C2C9"><a class=3D"customButtonLink" href=3D"http=
s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI=
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rtical-align: middle; margin-left: 8px;" width=3D"24"> </a></td>
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th: 100%; min-width: 100%;    =20
">
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                              <table class=3D"" cellpadding=3D"0" cellspaci=
ng=3D"0" style=3D"width: 100%; min-width: 100%;
                                                                           =
                                                         border-bottom: 1px=
 solid #C3C3C3;
                                                                           =
                                                 ">
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 0;"></td>
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                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
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                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
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                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel=
ated article:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/c=
lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUZIPYw6M5V1c1z0=
HEIvuAK-2FOEmHgd6GsuCoPUONiXAmA-3D-3DTDTP_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uwl=
JYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2=
By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4=
O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2=
BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2lE7eD6RUl9djWPj=
4zh79BAcP9fDK4MhGAy3X1fd-2Ble8XPd3j7dJXom5cYBj1ju2Mm4hS5V-2BcGhudRjkbGKiQES=
RMNcn4WKUIAp7y3LbJ6JblKH6DfMmYVRjEMADR4va-2Bz25bGg7ESJnb7DaCo7gzxkp30pVto2F=
s7VyZhONMK9VBuUAE0d2BZ2uKgw-2FJJ-2B3K-2BAUia0ol2JQQVSIGDVeMehy6ppGjziZcg4XJ=
my-2BJbY7liBKEWRTQxkt9Rhv3XNWEwa9MQB5LThelBhq6OQUhak" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">Nesting dolls of SPVs are providing acces=
s to hot startups</a></b></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Side Letters</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
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                 <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>2026 will be the worst job mark=
et for fresh college graduates since the pandemic era, employers predict.</=
b> A survey by the National Association of Colleges and Employers shows tha=
t companies are not optimistic about hiring trends for next year. [<a href=
=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7S=
pSWIrf6GFa-2BaqM7ONnvsnswouzUZIPYw6M5V1c1z0HEIvuAKUtcKdGyO-2FFjioFCDVUTjlQ-=
3D-3DYzm-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68=
NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6K=
RJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIU=
AmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B=
57VI-2FHRE6AizuzvUuY3TrBJSA2kOCOSFSzUjGbAHatAFlWJa3f2MIT1uOPjiD40fmVZXGmeqK=
HPzzvUPvwhIXUW6IVISzavCwtihKTWSq2vj-2BRnALNyiFYXQYWmrV-2BrWTYczp53NqU0mARku=
-2BBLQciofrpSl-2B5gqJFCdzkxlG-2F2-2FZvac-2FE3UYs1T6IQyR7BezUfSyIZG-2Fi75Jak=
bteJxbHqNJb-2FFLHeWzckeHYWaa-2F1P7RJ-2Bl7EynPE0xjLUsrnwSORpXSNwzUKlYd-2Ftzn=
f-2BKDGbus-2Fhr3jDPGtjzs-2FANXA-2FcHga" style=3D"color: #1D5080;" test=3D""=
>The Wall Street Journal</a>]<br><br>
                               =E2=80=A2 <b>Chinese restrictions are bringi=
ng a rare earth mineral into the spotlight.</b> Manufacturers and suppliers=
 are concerned about a worldwide shortage of the element yttrium, which is =
used in engines and temperature shielding. [<a href=3D"https://url6380.news=
.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsns=
wouzUZIPYw6M5V1c1z0HEIvuAKL98b6vDmfadTZGyBCCKvdg-3D-3DhZrI_Pr966knuaHmaw6c7=
pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFu=
E0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrR=
baTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaR=
k8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJS=
A2nbg28tk2ioM-2FF49UxaR1yR-2Fcxrul02SAb1MFqTGzvtUc0yOmu0P85SVT2yvu5c8feTfFc=
eF6GijBf5mxLwOy6hx96PkFv6pvqprmGLzz8nkBON7ScST4Kg4UTM2iCQh2JP9NZsujzHp0MpB2=
ryPvmb-2FHHb10ejmhJAm-2BaU5X4bmJ5mXWqCQuDJ5IwuB77-2BQ-2FtPh1z64SXCEyVehcv6e=
mDhHXYVWOstKkr6WrxX7WJL5cD-2B0Ft6c41GhES4KFEkmDejWv5zfWju7Ych-2FyTAfAOo" st=
yle=3D"color: #1D5080;" test=3D"">Reuters</a>]<br><br>
                               =E2=80=A2 <b>Anthropic says it thwarted "a h=
ighly sophisticated espionage campaign" choreographed by AI.</b> In a blog =
post last week, the San Francisco-based startup behind Claude detailed the =
attack on the model and how it was shut down. [<a href=3D"https://url6380.n=
ews.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv=
snswouzU9sq-2BYcfK8ZwZdtYJByNg6Bd7R-2FwfYF5RZumw67UFz1A-3D-3DijF__Pr966knua=
Hmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4=
okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk=
7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5=
-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUu=
Y3TrBJSA2nD8ChearTJJbFmBPo8g1tEwXgjvoa5DJUs-2BkritE61XVs3I6C-2FJWtnECyjZmCx=
vrtT-2BIfKDyCiepCf1yo6-2FGs8Unf9-2FAEjOmiOgfLvV-2FoOARKPAReWZ6EOLnK6udyoXPO=
l0wrQIytzJQMbGIMmRj4aQGLxs5VCvwtpH1IbA01W-2FE00V7YH9rXlDnY90mStqgF-2BD8Aqi4=
iSvxbgRGsuZZHdB5jD2QkysMdtM-2Fvc9BRuQXpvEoVbdnC1jVd1-2F5ihOmSVzXzjfpO1YETaF=
eFIwVJP" style=3D"color: #1D5080;" test=3D"">Fortune</a>]</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table class=3D"                " cellpadding=3D"0" cells=
pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%;    =20
">
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                     <td lang=3D"x-advertisement" style=3D"padding-bottom: =
20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht=
tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
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M8q_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0lo=
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YtEgThfQ610RNP40xGqBNM152P2WFmwkrQ5nlVOc8VYfJN4l0BO-2FXlEbZSHXLfZvOnTRPDoDB=
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                <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;">
                              210
                              </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;">
                              753
                              </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;">
                              234
                              </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;">
                              7
                              </div>
                              <div class=3D"count-type" style=3D"float: non=
e; font-family: Roboto, Arial, sans-serif;
                                                         color: white; font=
-size: 12px; line-height: 24px;
                                                         padding: 2px 8px 0=
 8px; -webkit-text-size-adjust: 100%;">
                              Funds
                              </div></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td>
                          <table lang=3D"x-counts-btn" cellpadding=3D"0" ce=
llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                           <tbody>
                            <tr>
                             <td style=3D"height: 25px; line-height: 25px;"=
></td>
                            </tr>
                            <tr>
                             <td align=3D"center" style=3D"padding: 0 133px=
 13.3px 133px;">  <a href=3D"ht=
tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzU9sq-2BYcfK8ZwZdtYJByNg6uWryQ8KsvhDgJs5-2FCZL3nQ-3D-3=
Dujzv_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0=
loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPA=
n3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHf=
oCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI=
-2FHRE6AizuzvUuY3TrBJSA2kDUTALygmKK9erXH7yzxV-2FWQWDsSoy8oSQN2SPdnpCF6StxYY=
BTso84A1wzUOZLe8c208WV3FalmDZ9EWgwhZ2teL5cFgQ0mK9c6d1BmHVep6VPh8w1qDbdzkaNu=
FspPek1tAOb0f2GsiMr4x-2Fm3tMfb0Rzg5YNqAz9TGnhbpA55s8p4mELNLqbr-2FM37gTC3BBO=
pbEjvC3wk-2FBilKYHldIjO1-2BkijlAdM2vEsIzAJvw3PqBdJKXnNiBWFWUmPey6P-2Fzu3DGd=
jfY8GUuRMIsaX1" target=3D"_blank" style=3D"display: block;
                                                          font-family: Robo=
to, Arial, sans-serif;
                                                          font-size: 12px;
                                                          color: #000000;
                                                          text-decoration: =
none;
                                                          line-height: 24px=
;
                                                          text-align: cente=
r;
                                                          padding: 9.5px 21=
.5px;
                                                          border-radius: 99=
9px;
                                                          background-color:=
 #F79B3E;"> Request a free trial </a> </td>
                            </tr>
                            <tr>
                             <td style=3D"height: 25px; line-height: 25px;"=
></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                       </tbody>
                      </table></td>
                     <td style=3D"width: 20px; min-width: 20px;"></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td height=3D"20" style=3D"line-height: 20px;">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574727" id=3D"n_574727" 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: 2021 Vint=
age Global VC Funds </span></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table cellpadding=3D"0" cellspacing=3D"0" lang=
=3D"x-benchmark" style=3D"font-size: 16px; color: #78766F; padding-bottom: =
10px; min-width: 100%;" width=3D"100%">
                           <tbody>
                            <tr>
                             <td style=3D"font-size: 16px; font-weight: 700=
; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1=
0px;">Median IRR</td>
                            </tr>
                            <tr>
                             <td style=3D"padding: 0 0 20px 0;">
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 40.66852367688023%; mi=
n-width: 40.66852367688023%; max-width: 40.66852367688023%; background-colo=
r: #1D5080;">
                              <tbody>
                              <tr>
                              <td align=3D"right" style=3D"padding: 0 4px 0=
 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,=
 sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">4.38%</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                            <tr>
                             <td style=3D"font-size: 16px; font-weight: 700=
; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1=
0px;">Top Quartile IRR</td>
                            </tr>
                            <tr>
                             <td style=3D"padding: 0 0 12px 0;">
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 100%; min-width: 100%;=
 max-width: 100%; background-color: #40C2C9;">
                              <tbody>
                              <tr>
                              <td align=3D"right" style=3D"padding: 0 4px 0=
 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,=
 sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">10.77%</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;">
                              0.00x
                              </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=
swouzU9sq-2BYcfK8ZwZdtYJByNg6S4QS1M0-2B3CZbtppPNE58WA-3D-3DYEzX_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4ok=
KwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z=
1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2=
BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3=
TrBJSA2lSuy3znHo1uilupnvcC7fqrTsu-2BhtXr4BnewqClCrov89nsvVKFDfsMVxiDBZZLcRm=
ts2xCgoHv2jEJkpeTO7and3lj8wYtUGaT0jdeqGQLts2tJLUF-2FHNZqLIRkeJAUw4cZFTLhyQv=
ntX9JU9j3YynfBXLioTUsu0RbWmJ7CUUJSP0llIo-2Bfl-2Fj5NieffrPhSmGJrASyYVp7fk2j2=
CApaf8DXSSxdciWcEuOi5pDEy4yzLFlnw8T-2FQrje-2FhO7ILAb-2BMcVqCcG6LT8-2B4AHqbD=
Y" style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=
=3D"true">FemHealth Ventures Fund 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=
swouzU9sq-2BYcfK8ZwZdtYJByNg6nqMmGaJOuQTcCj-2B2r9Z2yw-3D-3DvY76_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4ok=
KwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z=
1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2=
BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3=
TrBJSA2l7SDBUgAXMLdMTK8RwVhUo2vlXyP0js3vOnJ-2BIfdn2h75gl4zKnwkCzWNbsiiE99mW=
gqHJ0nCfd0C8LWrFVaIGQRh019bJc3GcJKkhj66KFcLujnw6iWDzXCt0hYQnAKCP-2FDcmVakgC=
sZfL90rnfqEOJyYxkH3PnYnbtD9VH-2BqkeKG9DY53zaO2iYG8Vxj1-2FvMqEwMqkXuKy0YLX1m=
AM-2BFQmrAy55K5JiJ0suwwdiSUXHBSG1-2Fj-2BTCwcFn9pRRBY9Pt234RMh2F578oHr6-2Fyk=
7" style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=
=3D"true">2.12 Angels Fund 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=
swouzU9sq-2BYcfK8ZwZdtYJByNg66qoo-2FlYPfx6cxk01lOcczg-3D-3DqMxS_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4ok=
KwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z=
1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2=
BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3=
TrBJSA2m3RymHpJD0FfI-2BZakJ4h4jeZXXYQP0lZRgfNFAj5PxiMlUz706uaoa0UeshVLQkW4R=
GJ-2F9Erxp0nNDWT895atqZCXDAz159GdOZa5lXWfquqvbrdP22jhfhe1va-2BUIDjIawxfh0MZ=
-2FYnKnvY3mpJQH9I2UzMf8YWnQ8mbW4-2BzgOMmFu2m1IF1GVgFxOwEs2bPBmE45Wgci-2Bpig=
hx-2BOdxI-2BnJwhW7Zsk-2B3IObUY-2FRx50chuFlFdLwTm65xEWeb4mkvv3yEWlB-2FbLHtS2=
-2FzCojg-2F" style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" =
universal=3D"true">Longitude Prime 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-2BaqM7ONnvsnswouzU9sq-2BYcfK8ZwZdtYJByNg6tx7-=
2FulUWf12gqXrbYpXTXg-3D-3DdL22_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BH=
R4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FB=
bkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1d=
PuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyU=
UQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2lDEIhuttVvDBm4Ok5nYFZH-2Fb=
8-2F3UcWjnxrN-2B49SbxipmMPJ8cMXsMLLDO3wBNs5wo6e3-2BmHjZRDKQPHbBiDqTD-2BxjZa=
3ok-2BjCugsvdryoKeKHuP1clTWbfcHZB8jBQb9RNE58DTotoiTM5uuULJuLv8nbXPNrttmgHY3=
M-2B5ALe9zfbm8v0o9B0mWFr85FqRL008EMHbFCHAbJt3HIcQ6SMNKNPgWA7XFFZa0YJtxERDed=
qLz0UVlIMDm4-2BogS0aUYzDelUcKP4clvlJ-2FuoH58O" style=3D"font-family: Roboto=
, Arial, sans-serif; color: #1D5080; font-size: 14px; font-weight: 700; lin=
e-height: 24px;" universal=3D"true">143 Funds in Benchmark&nbsp;=C2=BB </a>=
</td>
                            </tr>
                           </tbody>
                          </table>
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Check =
out the latest version of <b><a href=3D"https://url6380.news.pitchbook.com/=
uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzU9sq-2B=
YcfK8ZwZdtYJByNg6jtfsBgvSVFp4-2Fn8VgCsWWQ-3D-3Dt-T0_Pr966knuaHmaw6c7pKvB-2B=
CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEe=
k5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfU=
Tr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9V=
eb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2kIfPx=
p0NF4JyMaiSXdwH8rEz8F4riXGI2qsgsj5-2B36hBL8nwL5atAr8RX4oQOjq1FK8cNqt5d1vPgl=
FKj8vSOWS5nk4gqltjvzo0WN2DTWAAxF6zyPQAaHs0QejL5EHe4aAsuG-2FJI2-2FfUhQ00x2PA=
QzCUZWN0zw86Tmi2UcwOcFhOkWnge3-2FB3TAhgvr4q19cbHPcHRgYIFV-2FisS72YqZBDbjEUV=
tOdWQH5rLrBChGyG23rKEq2qbd0MlHezKPBvi5XpUrb-2FY9KvFZNi1W8WPF" style=3D"colo=
r: #1D5080;" test=3D"" universal=3D"true">PitchBook Benchmarks</a></b></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>People</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzU9sq-2BYcfK8ZwZdtYJByNg6ZF8gVTrHAgwleNg2Ah=
4AQg-3D-3DIjW4_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8=
UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEd=
Sqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxth=
gcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdn=
hg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2mRsuV7uc094R-2BqzwbY-2Bg5IItjrs-2FCPEEjkkZ=
lyK4uwcv6lwTO9GNKbnErdUJpeBz-2Bz0FJ-2FZbT4c-2BRRdO2P3xo6TCdAZ360sHkRgeInUo1=
UTNgft-2FoQFXGM-2Fc5NkxUrCGQqXS2IlA77mJrlxcLeV5AHualjzanTSYjDKBw4edPHDRgUpj=
F1ojstjFOqlIuCXLFDmtR3MCMjLrEOa-2FRYeiRvfsku-2BXJXM8yovcyXm5-2FE5PZRTehiCHg=
3OVht0L4APveBuccCgmtQ8Jf94heWLkRE" style=3D"color: #1D5080;" test=3D"" univ=
ersal=3D"true">Blackstone</a> has hired <b><a href=3D"https://url6380.news.=
pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv=
snswouzU9sq-2BYcfK8ZwZdtYJByNg6pctD-2BiLBoj4tvDd5HO3ZXQ-3D-3DCVZn_Pr966knua=
Hmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4=
okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk=
7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5=
-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUu=
Y3TrBJSA2kQU5WnRA8UdsBYG5maIpDc-2FICKHfZdtUwSr-2FuSbg17mOlPwNU5HnYHnEUr3ZId=
0gTg823BIY66bWfyuBilA8FT-2FrLf9DjYGPdh6TdJBpGyYngQBA3YBN-2FbgKU21pQhqWj7N39=
TdWOfeTDlZ7GnK62U5w0ClFPxF2B15hQ89cTjgkhg-2B5eqG-2BVlq6Di5DCfQld-2BmeaTIQse=
rKfliOVtCoOG8L3wSEdKRs0STq5qlN-2B0uNU4dOFBnFinaerIAY7jeiqqs0WbXuJ-2Fv538mat=
1gohh" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Franck Petitg=
as</a></b> as Europe vice chair.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>VC Deals</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Former=
 <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7=
3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWXBU3eEDLqD-2B7=
10-2FsQ5N25OQ-3D-3Dfe2n_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKv=
Zq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe=
6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkH=
FY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2kW5RXmRRdRDhVhhHh-2BDX6i9hoZE9swy=
jg-2FUzQC1mx69xxt0EN3JsJ3QiSZcxpTZY8KL7bOlMA2VHLeQl1McO8QMcTq3zeepA4dWoWrMV=
z5DjRGt5o0sgIiqS9HdBfpgpc4Oh5KlUN2rprcrBcCrmb4aITl06rO4jifcRwViwMMh1ob0DDe6=
U10qqyRG0ftAYT-2BaTUE10bkRCHLZVkTWNojpXnkRk3E1zQXsxpmoS4Gq4tcF7aD00M3O0fSjX=
EKsmVRPWNlg0RyswXVibgD8MLa" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">OpenAI</a> executive <a href=3D"https://url6380.news.pitchbook.co=
m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnGaH=
bJCO797luIFrcCsWXkuB3kEyBkPv0s6vovCNvpQ-3D-3DJBYT_Pr966knuaHmaw6c7pKvB-2BCE=
iDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5=
pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr=
5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb=
2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2kCl0NEv=
0VZegsz08ZmQKuSTryImsGmVBmD5lF-2BkWbjd5czQE1q-2FuH5MwgEXEDiWrD4q6W6YnDT4-2B=
xH405tR02JLjrj-2F7wDdiM0juHFikm1smn-2F0VdGkHivD-2BFhZxSDdxwcexUxfgcb3ZGROzq=
HyizSGauNy9hhvjsM0ljOzz1UrkZ6A3qRRpMnyJn41wtrMnHv-2BfzN5RqcFjNxOSZxP-2BY1XA=
lhc8LEr6ugp5Y1sNvUwWzV1IKU1iRv-2BZnSvKMPD2tSlvZF4S7UQzV09UcqCuO5" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">Mira Murati</a>'s new startup=
, <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWXWlMkxzKc8=
5bSxsSm4vBBKQ-3D-3DylJc_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKv=
Zq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe=
6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkH=
FY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2mnpp74gtpqgsnU7WwgFhkoFWsMCu68V4g=
EEtJkQ846wt0ohS0Aai3mq5DLcQu-2FJRdM-2B7EjYFYqzSh13jJjkw0fpJ3yUe6pC37upg8MzQ=
6V-2B4RGY1X9f42o6ooDLNses9N9EbGSREsjBPuVBgKPGedmAya5ITCuXFnVL-2BQY5bsCwxSpA=
ALk2wxTvsn-2FAT-2BMtWFpHva7tViMUsAUvLbSVTQ2TN3kSNuM-2FrIfzLLgRKlTbcW9kKlP5O=
lXHwX59LmlIM-2BY8hhkI1ifHRbw5sWy3AMu" style=3D"color: #1D5080;" test=3D"" u=
niversal=3D"true">Thinking Machines Lab</a></b>, is in talks to raise a new=
 round at a $50 billion valuation, Bloomberg reported.<br><br><a href=3D"ht=
tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS=
WIrf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWXJQQVlIw0inaqFLUCF-2BekEg-3D=
-3DcK5U_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NV=
R0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJ=
PAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAm=
HfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57=
VI-2FHRE6AizuzvUuY3TrBJSA2mNeJvBhw-2F0udZOubOa1YbXIazjZoaYy8S1egtT0uQ-2Fc9x=
5l0-2BBueydee5uVnnEOsQm-2B-2FptxaRSd9WkJIZfB8B6V9DrcAUrQS6Hczg-2BCwZow46BnF=
tbabnZ-2Bxkz6kr5xyeX0al9y-2F9JKteruPOkJkDA-2BbQlGTvI3kncy-2FtubQdbayoeXEIC-=
2BW3iTMwhCJjpljqkipLfVqMsinxCso9jUU8Fo9KtmnBXEzvrt5WZt7NuJuFiKivyD1pVzjcaCd=
-2FapXv59mofNrKi0IpXjR21JMfK" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">BGF</a> joined UK-based <b><a href=3D"https://url6380.news.pitchb=
ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou=
zUnGaHbJCO797luIFrcCsWX4rkOrRQw-2FuXnSYcVr5aeBA-3D-3DFepD_Pr966knuaHmaw6c7p=
KvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE=
0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRb=
aTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk=
8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA=
2m7NHrAnF4axA4QqRIUPP0EzJSUqzP1TvkZcxAY0XAutwmZwzRM1N-2Biux0e0mAk7dMdrWS8jd=
YlKMuXR-2B0YutypTUIayas-2FX-2FCAwN76HXEJxLtJ5RqB0tHOQS9nSwDGb7nKqnxnEGFVByE=
qbUoDEFw4RBUeRUadZ86j2Q5MehJl1hpV8jP8zHp6S23DEm8JgVy-2Fw9m9GTE72Bfw5wrD4c7P=
my1kGeh4BlrkatHtoDR-2FQSJHlW1HDwBYKRZKLj7zl5cwbIyBu-2Bve14WqFzYYWz3-2F" sty=
le=3D"color: #1D5080;" test=3D"" universal=3D"true">T-Therapeutics</a></b>'=
 Series A, which now totals $91 million.<br><br><b><a href=3D"https://url63=
80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B=
aqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWX9-2F9TiYrOFEMp3-2B1SOrRLiQ-3D-3DwepQ_P=
r966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaep=
FsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9=
uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01L=
NLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6=
AizuzvUuY3TrBJSA2nJ7TDqls0lYvczdPny7yofjVDEVbzJNi6iHBZlI6cWgGXWoMM9JB3HozjY=
L1WXQaDACaXcs5BTAfv7z1OAKhCjmsxUBwZWGsOvIuZLIlXpMhBFPNqN9uaf6vg4iBiIdfgXoQj=
G1GgXyjj3vJwnbV5UUJuancuXSw86qKvBYWxEy4SQQRrOIY-2F3Z3Mh0POTjWbaVabig7yE1602=
LeTYZw5y9vXCB6o-2FHoeeyVyxU-2B6onRNcE6nezk2oHg7KekPIyjIGjOR-2FUGm4w2Qr9Gmwr=
ziO" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Carbon</a></b>,=
 a startup focused on 3D printing and manufacturing, raised $60 million fro=
m investors including <a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797lu=
IFrcCsWXOJbZz9ea9YqioW1pU4f1-2Fw-3D-3DTG4W_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uw=
lJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-=
2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B=
4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-=
2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2nMWtkwVJCvoVHl=
Hey1DuPonn5KznM8GWuZNQyk-2BKMwyhnYoyM0-2FN20OD4kclE805Hwwc3Y-2Bj21hjsa4GrrB=
MTX-2BiraElXC-2F6sYwGuK-2F92J0CP5MJqDGPHRqgU3sYL7S-2BpuF9Fudh8tsEwqcTNtrYtt=
fjctNj2iEYsXf3YOyfXc6CRHvHyEE-2FT-2F-2FzKMztvzf1jdTln-2FWEr4Pdw8Q5sWCBai8Cv=
tK-2FiW0jkNsDxOyoDLAWErYU83Ol8fYVtCKddIEv9EumavyjNwTRffEjnrp3AC" style=3D"c=
olor: #1D5080;" test=3D"" universal=3D"true">Sequoia</a>, <a href=3D"https:=
//url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWX-2BmYuxnqBe23YEBohS2tu-2BQ-3D-3=
DwrPu_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0=
loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPA=
n3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHf=
oCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI=
-2FHRE6AizuzvUuY3TrBJSA2kPi5WW75P-2Fo-2FR6c7q4BsvlHTIBCBWslDKbcJ7Zpo7nx3Zwm=
u6OxP2Rcetjt8V-2F6vnERxNg1BwiezuGIMvoEifORwOOgZH1TcxldAB5n7EzWGtiWC7VZ-2FUP=
wsRQQVfY46LdVPDAUK4uFoZDu43Ug51H4ffiRs-2B3ToBRTZlIwUNg-2B8staN7kkd3L5sragnj=
CHvZ68L0-2F3PkGnqP7jzlcvPuxcGjxrlbEoML2yv-2FWE7XDv1uMus5pgL7nSlW0ET3FLhQWPq=
zjD-2F1DKVBHyvVwb2fQ" style=3D"color: #1D5080;" test=3D"" universal=3D"true=
">Silver Lake</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797lu=
IFrcCsWXbJk0yZM7i3nM4JnOj-2BcB0Q-3D-3D1T9i_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uw=
lJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-=
2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B=
4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-=
2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2nqITm-2Fn-2Fpd=
6Ya7SU4OiTXHZj8AzWlF6CXZEkRiFYkxHpG3THW08qdoENOa6adsCZylCXqfcL5xpdwse1SvNXD=
-2BSPxF74-2FgMKlcxMhcoPHNHcRA6BUPZiO6z3X8rk0FgjfkBRSXML4qFQIGTp-2F4aaaPQSp0=
zNsjz30RpqpDUJqQTU-2FmQv2XvAFMQFNH4tv-2Bz8XITjlsXilObittyB95XsIUQHC1PRXGMTx=
1M-2FoDd527GVBdIHHqmWmQOMEXM-2F1NGNFRQBozhhZW-2BQc6cxp3nQF2" style=3D"color=
: #1D5080;" test=3D"" universal=3D"true">Adidas</a>.<br><br>
                               Energy exchange operator <b><a href=3D"https=
://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr=
f6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWXi-2BG9E-2FKMQxQASPz2vwW5mg-3D-=
3Dp5Zb_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR=
0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJP=
An3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmH=
foCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57V=
I-2FHRE6AizuzvUuY3TrBJSA2kHlBCcLPp54DFfkXlPygFPiMTqCTN-2BrNsxA9-2FokjB3dLaP=
-2Fz2rlCuABiuTzB5TX44skGRSCHHHxOP-2BTE6ZTPN3URxqXWTmqSO5Mxhr2fT38lKp-2BN2Uz=
b3xWe7E6GIOkL9oUpjeVkkelh8q6qVAK9IpwnKsHI947K-2FTkIkrKLK4TrsJPUkJCG32rZg2dD=
cSIvEljhwFhJo1BcFLegsZ-2FMv-2BP-2BD8KEXV6N2JJbm-2B0918mkiVy-2B3JkC2vbOZR77B=
I2k7V-2F5zMVnbkTFJY7ZmgNL0k" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">ElectronX</a></b> secured a $30 million Series A led by <a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZnFjiQIbjqBhO66tShkMHDc0tjJ5iVLmeFrtX=
eBQ-3D-3D8KkB_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U=
YA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdS=
qs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthg=
cIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnh=
g-2B57VI-2FHRE6AizuzvUuY3TrBJSA2mVsBrUlCHzkRhO4iNGQOuWw3S32x9R1oLryt6M-2BAF=
oZuHiGjwa7wckU3s5GkSz7u4tnJBjEnd9obxD22B2HHfQOdaUj4UFGmDJC-2BUqc-2BwfjKS7YD=
O-2BGdwCQn96msmGW7PhTjgiRtRd3GpOvMDCmpKic0n7NZzFz9SoQ-2B0sJlV66Dvpn9gmdJdYg=
Kgl8EKo2bWA1jl2ImYTX5ELZE2k6DA4MlXNVBM04HBFeRTEdOjZN6Ce2ezIEFyK8GuBE3RBTSwU=
RRX1Wa8XsxuwR-2BUVMfGZ" style=3D"color: #1D5080;" test=3D"" universal=3D"tr=
ue">DCVC</a>.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/l=
s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZnFjiQ=
IbjqBhO66tShzlQZDcX6YksqWEGJo39Q3Q-3D-3D5SeI_Pr966knuaHmaw6c7pKvB-2BCEiDnj5=
UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG=
1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-=
2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9=
k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2m-2FB5NluEzT=
MWP8CNJ-2FIQLmXKEPoNjs5m3hE4UcqFzOzh7wpjJE5q1gV2DuGcd5dt5Ud7TBAckVf9rEv9PNX=
iTFO43acStw8ZsyQAWeG-2BnmLjZwu4dQTsq9Nbz4nOXJi39bMxCb-2B5Vi9ZxzZBrU-2BbSmPd=
1dCNgs7Ild2AAqW5RwuvAqk-2FDZuHpf2WNuAovIJ4ATKAHUXrYq3A3O-2FFl7tDCD-2B6mrOo9=
xaOwXKhj0S50JCUm4DTyxiDXt-2BZcGlJn2Tzmfu2Ay1HxUZ5E3JmqBd1Hl" style=3D"color=
: #1D5080;" test=3D"" universal=3D"true">Netic</a></b>, a startup developin=
g AI tools for plumbers, electricians and roofers, raised a $23 million Ser=
ies B led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZnFjiQIbjqBhO66tS=
hocYrkw0sjmO0T4W7X6AYWA-3D-3D7kA4_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-=
2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-=
2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lM=
F1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5c=
PyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2mD4MxmDiiHBGPF1VH5bYIrU=
D9jGmg43Ks5qYqwsWt9KORmDUN-2Fx6jCVzPA5Tngu5ku7x2j3Nq540ViakYmGLlRdvBJDSpHsy=
pZBltYQByYs4Ft46EqX8Mgr16uo9wujHWexSyXh6J8n-2FOakjc5F9Gzk4UfptEaeCXfLEfvv9J=
bXmv2iW8cF-2F-2B015-2F2nBmTywshkSvQ1PZUdzuxwLLEK9mMpc-2FNlgaY4NfmHBiCFB6E1u=
CkQVMy9i8CEZ-2FwcJjPNZ6EiNb8wuyheKSg9GkNF6tq" style=3D"color: #1D5080;" tes=
t=3D"" universal=3D"true">Founders Fund</a>.<br><br>
                               Ireland's <b><a href=3D"https://url6380.news=
.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn=
vsnswouzXBD-2BZnFjiQIbjqBhO66tShgh5aVHaY-2Bc5XgovF-2BX7Tnw-3D-3DkCnJ_Pr966k=
nuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdz=
vZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5=
UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLlli=
vZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6Aizuz=
vUuY3TrBJSA2kLrGwqO5SgwcTScWpi4veNw-2Bo5P5GiyL70q4arvQY2RQJ-2FcuVYXbY9kA4Jk=
pfCBd-2B-2F-2Fpzkn2m-2BCIkvM3LeFM0JaBEPmkxSAQjL4H-2F-2FHur0eSe7oEBVmY21kZgK=
pfpbv-2FWUa87uykUkURtGT0cbOnQJeZUP79dfOJVy5YySVRJiDnsiihuG0FYesRFKsRR6QmqPT=
9awSqpb77DNjkDxeq9z0cJlLO-2FAyU6JC5n-2FOBto-2FTNH90bB-2BXxBh8mSmmJrUjr110iR=
dbLJwQAhhNK5cc0A" style=3D"color: #1D5080;" test=3D"" universal=3D"true">La=
tive</a></b>, an SaaS-based sales performance platform developer, secured =
=E2=82=AC6.4 million co-led by <a href=3D"https://url6380.news.pitchbook.co=
m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2=
BZnFjiQIbjqBhO66tSh6huKzmFZz8p1Edr85pRt3A-3D-3DLZJL_Pr966knuaHmaw6c7pKvB-2B=
CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEe=
k5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfU=
Tr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9V=
eb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2kmuqU=
ok3qZawSNlxuK2ly7QWRmgR8TfztpDTOQEBZkRCYim99-2FcwBfcm7UvX9seEYwnL0YHUlZjb2W=
1s5Q6gBlvdrXA-2BzTKlCPvSpLNANrPzwPMWXd9MFQ9l0e5yNZolgA1dNw6dxvk-2B-2Ba8oYmX=
h-2Fuv99zJiT6xmTOjGa4ZJW-2BZmN-2BXFR5SI3QWgjDgZc2gD2poM5hWXFw49kIqZZQfH0Nyu=
Tly2ubkc0wR2G8ZcEkmDeBEejLOkGnD1isEt4DRirQPPBIB3X3vAOylXYA7a49" style=3D"co=
lor: #1D5080;" test=3D"" universal=3D"true">Act Venture Capital</a> and <a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZnFjiQIbjqBhO66tShlPJLB-2Bm2ghr7x=
GbQueGlJA-3D-3DGRJ1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kb=
McVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8M=
yuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2=
FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1o=
UIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2lm9HGWCeyfCJ-2BtfqVmHo5KSHkZNTlpw3yqY=
EeGyKXTXycQxVwBFEZ81y0FHac6E2ZC6ulKsaX-2BuhI5-2Fxj0JJHYNejK33INvuDJiJ36o3MD=
3Rvh8-2Fyoc3y9VvTRuiB6Mi23-2BeL3nuXGxHnO8NYaiSNCgBYYW1i6CRA5gUqvugSPjC12R6B=
2TQESL6FTA9Swg-2BhXUXMtoEqFLUX9f-2BB4yf51XtGCRLxTLNbFj-2FKdviavq9l8R9Luna6R=
99oEFpg6gdD1Xjb2EWTMlqlbtZbLcyz-2B" style=3D"color: #1D5080;" test=3D"" uni=
versal=3D"true">Senovo VC</a>.<br><br><b><a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzXBD-2BZnFjiQIbjqBhO66tShGS14naLlcU8D1GxJImFJ-2Bw-3D-3DdDcR_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4ok=
KwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z=
1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2=
BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3=
TrBJSA2npIvSEGFqBrf09AubaKUGq81dzCKV-2BWh54M3F-2F-2F-2FaVDvik28MeSzGA2PYKxE=
R6gBTxIFpl-2B-2Fn3BbLj2mz7gkJJheiMuOM-2B1ACBAshjfV-2Belxe6Ve70X0Y5JntvJjfJz=
szIw9tujoCEfCR7HR1pxGvx8MHVYXC6tFkmCgrrza5joh4KhqdLpIjtSUeWXb7UfVytF6xMP2xZ=
LBi746tG80fPQw6jf9j-2FbUbJXFYecMWbkl4iVj6t3ak1rND49pBc85nEM3yJOFyk6rXBqNUMT=
pxq" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Lifepowr</a></b=
>, a Belgium-based virtual power plants developer, received =E2=82=AC5.65 m=
illion in growth capital led by <a href=3D"https://url6380.news.pitchbook.c=
om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-=
2BZnFjiQIbjqBhO66tShiwsJOM7hSgtAwjy0OiC4oQ-3D-3DbpUE_Pr966knuaHmaw6c7pKvB-2=
BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpE=
ek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLf=
UTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9=
Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2n-2B=
hhQaQyZOW5Vf9mW-2BwxGe2Pb8vqQeUNQ39Z9m0ddHVeDNKMKrKwGDAP4zXgE0nIe7gA6Bysov6=
BLVEpy5aZo6VqZnzUOWfPQbFvcR-2BCs7-2BOoLCOJks1v2k-2FZlElrFKfhcQJeNGi50numV-2=
FsBz9UewjAb5hL7feiisnLyYqUAgQ-2Fzw-2Bdw4hezJ3-2FAmtICNctnihqhEVbnz7BHQ6mPYD=
00UIwPjEvOpnaFIVsg79YRVbyTGSuD8P0ZsvKp5lU9CmWdG-2FiRMMpr4V-2B-2FB5TFObZ2N" =
style=3D"color: #1D5080;" test=3D"" universal=3D"true">Noshaq</a> and <a hr=
ef=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4C=
uylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZnFjiQIbjqBhO66tShZTP5vpGJMlE2aqhMn=
SZ-2B6Q-3D-3Dytey_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMc=
Vf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8Myu=
zEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FR=
xthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUI=
pdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2lMnckv6ea15Pzve8Th4IDwo7xGtYF2MdPJ6r6vE=
OqBMB611Li8odqwFBNqbqpudMjFw-2F-2F4WQfk6bVWwbjl-2FmUnn2XgSoKPGw36xtg0PCSsOZ=
vKwSn6Nu-2BotsaZqFYTQb9wW5kLxVwObmcmre1AgObhJDx7j28z6Xfm9xxu5dMISl08tyHNJNI=
XLXvY-2BH9iu4dTnacnJDMFgu2axDapwNoYGkFjGJEZ5up03q2EIXASXfoeSaTv-2B9F-2F62BN=
nrLqGruWTswYHZGWGbXSgR54cHio" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">SPDG</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>
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                  </table></td>
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                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
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g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
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                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
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cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100=
%;">
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ing=3D"0" cellspacing=3D"0" style=3D"float: none;
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                              <td align=3D"center" style=3D"text-align: cen=
ter"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n7=
3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZnFjiQIbjqBhO66tShsHShIyqJD4s=
FLG-2FGiMLeHQ-3D-3DAZ1R_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKv=
Zq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe=
6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkH=
FY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2mxmwyj4ZmpW4eDxH2PTbgc18dja3rBnDT=
vhWl-2Bk9GY49GEIGbxOdoBvwTO5IEwfEYtS1DLsvqDlG-2BnKS-2BHKsS1v0vbDSNF5tbb05oE=
UlP1HihPR5bggFGtRPUfXuktIUXxG0gGTdv1IUymNcBt7lAqUXlprrJIptOx-2FDsLGG78GPH0Z=
1NtItSWtTyKvlztMmZfYExXMZU0KPfpYFZl33s9CIUdoxRi6t1GZSvbfRb9BlKzwvzlq9dgmn9L=
SGB-2F8mnmwS-2F6OZZ-2FP0nNtm2maE5e"> <img align=3D"middle" alt=3D"" src=3D"=
https://img.pitchbook.com/news/71336.png" style=3D"border: none; max-width:=
 420px;">  </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Europe=
's private credit market is poised to achieve near-record growth this year.=
 High base rates have helped maintain support for floating rate loans and p=
ositioned 2025 to be the busiest year on record for refinancing activity.<b=
r><br>
                               But, with rates expected to fall, will the i=
ndustry be able to maintain this record growth? In this webinar, PitchBook =
analysts discuss the impact of pending lower rates on CLO creation, syndica=
ted loans and high-yield bond volumes. They'll also unpack the latest trend=
s in private credit growth and analyse Liability Management Exercises among=
 ELLI issuers.<br><br><a href=3D"https://url6380.news.pitchbook.com/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZnFjiQIbjqBh=
O66tShsHShIyqJD4sFLG-2FGiMLeHQ-3D-3DRGkO_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ=
YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2B=
y4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O=
4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2B=
qhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2k3Ruu3mSGaYICX3g=
HjJnY-2BVa1hqgwKzy8rM3BadwUXDcVYq71gPeE0D1MNl-2FWCjlGws8OTyaRUCh9MHlZ9V-2F6=
-2FUrpWjH5NgwPeU9tXo6bUvQoVxpUwzmWvuU0fns0nw75sKTFXB40mxbJQ5t72v1yYV69MFWYE=
JC1VcBYg-2FIqd3zRjrehUWXQsqb48TnAZras0s5ao8h3iLQHDl99MIqU9E6LOsXxX3pGFxxu7t=
TUkJFR0h7SNwosvh2etSQT27qd7U9Qmt9ug182FbMlrzcQg" style=3D"color: #1D5080;" =
test=3D""><b>Register now to secure your spot.</b></a></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>PE Deals</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Atlant=
a-based <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnV-2F6hBwUUWvKmapXj53f=
MCt9E3Ulg0RrN15-2BkVJVByg-3D-3DFwb2_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQ=
P-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Yph=
t-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9=
lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf=
5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2n-2F80WBDpmZaEeN7ZOIZ=
FDjv1nVogd-2Fx-2FaK11HipVeUl2dYOyikqPn7v7LzUF4lC-2BWPxRzc6NsJFLCacgZg5FlVya=
Vf88YpBl793ehY1z9tOTwjKxOwFEsr-2F-2BZ9juJgG-2B8UL0eK7N8tM2Sy88lkwA7bJcqHoUT=
QoUGGtlppXglH1fFhwZq3F0KlmidI-2BChiqmjDat6Mf0LMcDelCsMKclIaqU3FJ44-2FAJy-2F=
sbP-2BZAcPmMOfbK6XHOKjglL5IF757CGjgxCWmEiSoIbIHfiEdkag" style=3D"color: #1D=
5080;" test=3D"" universal=3D"true">OneTrust</a></b>, a privacy and data se=
curity startup last valued at around $4.5 billion in 2023, is exploring a s=
ale to PE buyers, The Information reported.<br><br>
                               A group of investors led by <a href=3D"https=
://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr=
f6GFa-2BaqM7ONnvsnswouzXnV-2F6hBwUUWvKmapXj53fM0nC74um5IQpuLx656VAgVQ-3D-3D=
19OM_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0l=
oxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn=
3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfo=
CQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-=
2FHRE6AizuzvUuY3TrBJSA2ndZvxEEznr-2FFRVsO-2FqHazZeziImZsOlA4KRAm-2BQRusyHc2=
kUIM-2F3L22MRx8-2BG6ngZrAYjsCRSvixvf3gO9QPFVZuw31d58WT2zAb0-2F2ScjhzRSkfPHB=
q-2BsqFNMgqVGKawVaQsfbph-2BNrHPh3Fcml3RvzsQuFPVighmlm2eTr4-2BF-2F25F7uDQVDt=
LVcmV4T6UqtyqQQqxWaxTo9qU2W-2FCfnO5Ei6Vy8mz935Lp8UOeS7SmME9-2BzVQNFDTqnv8ok=
6VUPQV1TkeLsdkcuA47KsNKj9" style=3D"color: #1D5080;" test=3D"" universal=3D=
"true">Warburg Pincus</a> agreed to acquire Canada-based financial services=
 company <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnV-2F6hBwUUWvKmapXj53f=
MQAIsn58zisTgCEZaIadO2Q-3D-3DsG5A_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-=
2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-=
2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lM=
F1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5c=
PyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2lCuAV6wT0o299TDpHQj9RVJ=
Q1TSui6V8wKPZ-2F2LcZReIgHra5do7JC9UIE-2Bn3qllUx5RQjoezJp2uHSExcBNeCWYx2FlKd=
Omw3xmSZGKlclOTfOBKrE4vlr0k6rqN974K8RwJ2nBqx0Y1pTC81R-2B3EYHnkvOPhBieoWEEs-=
2BUTxKq4xxfHHSO1lkp-2B9y6X1PGK3nqCkjoyXb02yAeZE8M7ZpYZDMghuRUW4Nz6ec6izUjZS=
0FU4-2B4vRLlKwUPwCJA81-2BsiqS01rqnnzZCpFJnST" style=3D"color: #1D5080;" tes=
t=3D"" universal=3D"true">ECN Capital</a></b> in a C$1.9 billion take-priva=
te deal.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?=
upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnV-2F6hBwUUWvKmapXj=
53fMc-2B1OI3zOI2mU3pL5FoXxdg-3D-3DvCrq_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL=
0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4=
Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4l=
dT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2Bqh=
Yuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2mIxf4hU15gzYuvtB5w=
26fKglnnbRH-2FYuGtLNeeGRX3ElgLQ-2BOjEGQSWo3YNvQ9DE-2FRNfcAmO8qhexW6FfVOzsiM=
A2UAn8ZB37WSQj3c6XSwxSPQ9LyM511pvVFhaDvEy0FYqfs-2B1CIdIHYLaQV7HNWEJVoxzQpUA=
OglctwzL1QGWdtEFSEahC33iIxJIKKlBEzb4TnrHzagiI7Gqbbri4kMz-2FJQ029yrZARqvrxBv=
U5W5uUyQflTwydC31qXFQrvcv4Qudbwhljr1WOsmCavA0" style=3D"color: #1D5080;" te=
st=3D"" universal=3D"true">Leonard Green &amp; Partners</a> is in talks to =
acquire the recreational golf unit of <b><a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzXnV-2F6hBwUUWvKmapXj53fM-2FzgSBPIX5aI5CQHhcMxn5Q-3D-3Dc7uT_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4ok=
KwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z=
1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2=
BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3=
TrBJSA2lcEOswnRcTgzk-2BxosVXOSFdCr4mhQL60itWRU8aoEQhQm8zghQXY7toP3zQPctXaEk=
d3ZycKmrv4rbAa4l5PJSHNOUUpq4aTnacaxS7ksOMWuh-2BVZ9TCSjlkpBZJTrnNDE5rSHpmEOS=
lt9tFu2BljeDQqI1aRhAGeZsyAA5GkjvNOTvUwdSAklP94Z23Jjg48uDfC89ephoAkGwjjSvtQU=
w-2B5DUV2eWoCWjC9LEYp-2FfxzXEP2s72tFbklK7yvHpcRcBkMLuhZfgbc5SQGo7SSD" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Topgolf Calloway Brands</=
a></b> in a deal that could value the business at around $1 billion, The Wa=
ll Street Journal reported.<br><br><a href=3D"https://url6380.news.pitchboo=
k.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX=
nV-2F6hBwUUWvKmapXj53fMHo3FRVw8xaLT8U8zbXXIMA-3D-3DXpIt_Pr966knuaHmaw6c7pKv=
B-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0N=
EpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaT=
FLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8t=
Zj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2k=
Yq269fEG4Wf9spPm6iQvVc3x7mesDpyFWtY1uxZ0-2F-2B0xh4O3sHrHMHdkB-2BYHMBCL6DtP9=
SbqiDsVnGFIze1gAmuO0kkgKCj9Kbb-2FYmNORDvPIod1WeTVFsCxRI3iEH3iPUUbTQJm2rbhNW=
yEWnO6LI3J9uLEgDgXBDQN8SCvyumTd1nXbxanoDEWybPnPcfA-2BrFtlwup8pfDkLOjplFwjNX=
ypQ963mzUaJH7r9oG4i-2FEPprsQ9G5pYJfVSa95bEFiwuY1xynNhsR3tUmFLHpA" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">RedBird Capital Partners</a>'=
 =C2=A3500 million bid to acquire UK-based newspaper publisher <b><a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnV-2F6hBwUUWvKmapXj53fMKqnINbPnUkE7fE9XFhz=
rog-3D-3D795r_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U=
YA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdS=
qs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthg=
cIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnh=
g-2B57VI-2FHRE6AizuzvUuY3TrBJSA2lUVs7YL4efV4KYV9YVOisq0PMK9e4NAbn4LalSPjaw2=
J3tnsLVC4QKA0RP1Gze5Ro00i-2BCVLQXFuP-2F6l3gR927xhpskVkk5d3StE7tRBPpS80T9hOa=
etj5X-2FJ-2BKsbA3Yc-2FlWlnUer5Ie2AmsSYyJMAROVDFRDldv9JkciENsNgi1UkoESdO7WGM=
02qvu1vCSG6tUrSxlXsUloOK9DkCbiiwVv3VaombNIlzysy90ivJRTxLh9h252FJ2ooy34kT-2B=
WLcFdd0qiH9vO5Y5ynq5VR" style=3D"color: #1D5080;" test=3D"" universal=3D"tr=
ue">Telegraph Media Group</a></b> has been withdrawn.<br><br>
                               Investment firms are in talks with the main =
shareholders of <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/cli=
ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnV-2F6hBwUUWvKma=
pXj53fMMDglBj67gCM2XMtFlAi4HA-3D-3DBqcs_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJY=
L0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By=
4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4=
ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2Bq=
hYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2nRBOOysXfsIJGWPst=
UDtZakODONedOxvhJ9c0MLxRpdXBlKiK2xLocs82kWAxPTBQmwZ6UR0w88zK-2BRVw5sitwEgSl=
aD1UJz50-2BBvWFKSjigH7YoVJpGpHqMRz-2F-2F1kMqmBj2Qv-2BS4244vqK-2FCdS9-2Bg-2B=
3-2BBHYWdKKILs9vypyVfHP5aXIThlfBmIS0PJ-2FdZSykhhvF-2FIkYy40TRx0ipt7nba2nZ9O=
xQrX5UvMmMAhPMH7uIScsCItpfBRtuirDf-2BpzlUhDgaMkSB29Ih9Qi8qSf" style=3D"colo=
r: #1D5080;" test=3D"" universal=3D"true">PPHE Hotel Group</a></b>, an Amst=
erdam-based hotel investor, for acquisition options.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Exits</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table 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;">Toronto-based PE firm=
 <a test style=3D"color: #1D5080;" href=3D"https://url6380.news.pitchbook.c=
om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnV-=
2F6hBwUUWvKmapXj53fMze-2Bb4z2mPj-2FfThLdZTO-2FtA-3D-3DWikN_Pr966knuaHmaw6c7=
pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFu=
E0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrR=
baTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaR=
k8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJS=
A2n2t1ZWrwmhG9wNCvSEh2SHIUh1-2BmYv4jhyKM3sOPNSl9ee1ZROAk-2FBvnNfkUAuhtbw25M=
NLRyF8Izf35ps5xfJYdD64xW9NRq-2F1OEFd5meMs1-2B5gKdTdX8PJiJJNCouvEXBU3kt7Lcpr=
khqShRZnEyHCK489CqHM3Xjl8G2Zxy-2FS1YeqOK7PRIj9n4uC-2FeQt7RsUuQhuXS23pT6nbQT=
AVa5ceo-2F7qpggdgMozwzcRdIlNaT-2BagiNuVhZLI-2FOyeVAZg4E8pbXEmECkbzmKVjFNb" =
universal=3D"true">Onex</a> is planning a sale of educational software prov=
ider <b><a test style=3D"color: #1D5080;" href=3D"https://url6380.news.pitc=
hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw=
ouzXnV-2F6hBwUUWvKmapXj53fMXZN14JJ3tx2IIXKcrrLFkw-3D-3DkVgq_Pr966knuaHmaw6c=
7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLF=
uE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqr=
RbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIga=
Rk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJ=
SA2mni2Q2dIK-2B1P06RBTekwZimwYh-2BkewCMSktF-2F9ckJ476Ufa7C5QfsyBGxB893mMZqp=
Nl09OM086276uU-2BtLv39WWVOrsx02Rm0N7sVgQFqY6bBHLzLKWM4D2QJ88wF4-2FHLhhQE8QF=
-2B-2BYApDlrknjYl6-2FdRUQo0WRazM-2FDldgfX-2FogyQTGHypcivwoTiqOcfsabh9212Fqv=
AMlrkAqzD65mejFL9U9mojflxF32bb0dZ-2BV4ksgFtuF7lAlLqQUn80hp3UGrLFoj5FIIhtTSj=
NeZ" universal=3D"true">Tes Global</a></b>, which could be valued at around=
 $2 billion in a deal, Bloomberg reported. <br><br><a test style=3D"color: =
#1D5080;" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du00=
1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy43vSpxc8=
Xvjj1uu9wwO7zRA-3D-3DrNBU_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKy=
KvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlW=
Ce6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqL=
kHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2mumfzZzweIA6mv6YGUe7ZB3u1T3UEVS=
Aw1-2F5EonwD5FKeKqE6EjLjgGHCG64Dfw5jyUyTN0Me3hkKDiQlImkxfF3Qei60Joe1xmeAUtT=
A2BDrtjxCgVXWy4Czwd8prdLRxsdMw2-2BO098TUa1CABYxRUdV98Eg1KIpJhcDx1HD8y4LZv-2=
FBgnjSt4VuLvMGGQp8fiMfIsW6ThsPk5FVevEUMBCc99r68NA8RVP1F3pb0x1bIGUJf0AlmsoUZ=
CujDQ4cF4U5X-2F9Z7V5T-2FzV47iyMv" universal=3D"true">KKR</a> is in talks to=
 sell the financial advisory and institutional equities divisions of <b><a =
test style=3D"color: #1D5080;" href=3D"https://url6380.news.pitchbook.com/u=
ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIoWb=
JIk9bqDEROKSy4LIIbTnPR3bevhlXssDNQlA-3D-3DCtKw_Pr966knuaHmaw6c7pKvB-2BCEiDn=
j5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pyk=
NG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZ=
S-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nm=
u9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2lKDe-2BmSn=
j489CMk0fr9duOdj3U8wYz7JijkYSjmu0q7aMK6lMCse0Rm-2B5gDTc6ogJSuAabtcZ7Nfc6Ioe=
xMDSb6ypHKDHQ7NOMWVW4Z8IfF-2FRIOrVnMfsQrGC-2FCsOyn36LC-2B59hHAgaifSKHASecnp=
PE0jG1odw4glv4R7ZPGYvTpFYsMCvpe9AcHxQYzf1FmwtgN7pQyfXfBNQAAZqVINEU4teQuzxf2=
-2BulpDmMkQPEG2U2JdHwoZ3ya-2Fwtmg85gAapGC-2BQ9esFs9jL34IXZC" universal=3D"t=
rue">Janney Montgomery Scott</a></b> to investment bank <a test style=3D"co=
lor: #1D5080;" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4g=
ijuhB1LJFpIRcfeYImzKQ-3D-3DgMFo_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2B=
HR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2F=
BbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1=
dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPy=
UUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2ljTfcsBSmMD7VrbDiuCNlEC4l=
tT-2FJkcENd-2FUpTSL4uEiTFEu6H0ylOh8zKzKa7Fhb8tiiHWh1Z17MvRqgQYP8yhq-2F9xUel=
XVfdSf6DkN3IyZEyIfNYv2VqCmPzE287TbFXixd5wmhlOlCnvh4Hgi80W5SWk-2Bm0AjZ-2FS1B=
6mwh1buMUNOyJE3CyY7Vrn0ydHAKVzaF6fbGHW4u63bBHKTRMg9fP6R5dhEmz-2BMtyrjNmCwS-=
2BN85mvrp-2FCXbif-2Fj9WLqrVWY9m3gJioo-2BKZswQwrR" universal=3D"true">Brean =
Capital</a>, Bloomberg reported. <br><br>
                               Israel-based <b><a test style=3D"color: #1D5=
080;" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4=
n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4io2bS2Zpsgt=
7OprmyiyceQ-3D-3DvlSj_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43=
kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq=
8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g=
-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY=
1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2kwfLra9107PPX7KUploOi61xB5EOZ-2BwzB=
-2F6VTPaKtorS06PGKpr6MRCd4jzSBstAkrN85bX4Z3CR3FkAct80b4VGMIrilZFqKTEYTKu955=
-2Fge9euj2Ap-2FJ9VKKtJ-2BrAavquKvxBflD4fYkUE7bMvA3funNEx09bXsrEyVbrbWN7asS0=
-2BxPq6QYN4K6ODwXmnQAyrILhDnQIh-2F7cjZY5rY5wnbS031TGFRfGU86b2l1XsZOyxZ6USJN=
Q7sVCS9MAymIf-2BM4br-2Fs7Xq7CMLTwKdd" universal=3D"true">Doti</a></b>, an e=
nterprise search startup backed by <a test style=3D"color: #1D5080;" href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4uNbtv8rLtQ65AdzuY9deE=
g-3D-3DiIA0_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA=
68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs=
6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcI=
IUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-=
2B57VI-2FHRE6AizuzvUuY3TrBJSA2m8SOLlpP-2FrCpK3jzbvR2uUFmhV8ssdDonYmotelrTBu=
RpU1wwQmawBHjA-2FHuYfA8ugnee4HO-2FN6fkGGJmvJsW2-2BxKQkjGnrnymSLYW7crr-2BWtE=
WOFKVx3Nd-2F3FVND0r3uWDFctEFqgExqI-2FJxuFvZtKAwYRwWJ18kapHHT3QzmUh3i6gVBdrK=
3y5g5alaO4vbiTCRpBjtldvGrgraLdRTbrvOD5NhuCLZZaKgOjCocOMstFzoywBsHCjup8XXYh4=
NXs5M6f94ozKZyn3aKrMIC" universal=3D"true">F2 Venture Capital</a>, agreed t=
o be acquired by <a test style=3D"color: #1D5080;" href=3D"https://url6380.=
news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM=
7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4r6QhqywHL7XiUzo-2BeQ-2FRoQ-3D-3DsuQ7_Pr96=
6knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsV=
dzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYd=
m5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLl=
livZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6Aiz=
uzvUuY3TrBJSA2n98EoZBVLdZWXaQOW1UrYQWxq6KayugSNhbmG4dLi-2BShWAaLRb4WbWGvsg3=
Rf-2Fe4JkLdxOSMhSRfF6Y84nHzmyXqnU65RNQ45EoSV2ziSuUTc6iAmJOHyUF7SA0erhpc1DTL=
dHNy-2FjsB2pmyUJ3-2BHgM-2FlOJtV92D7iAlUVZWANIUV7RffFcs-2BHlmdzgaZUGnz-2FNbV=
DKLju-2Ff08jn-2F0grpdFOkU4n58IMvhkB8zioNMzJUWlk8IXriiDpuoU4-2BG2OF-2Fk-2Fhp=
dIeSCygePbtzuMs3" universal=3D"true">Salesforce</a>. <br><br><a test style=
=3D"color: #1D5080;" href=3D"https://url6380.news.pitchbook.com/uni/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDERO=
KSy4igVyf0LIrhvnTMC463zcBw-3D-3DfKQm_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0Y=
QP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Yp=
ht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT=
9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYu=
f5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2n7Pds9o0-2Be9fBhyVBZ=
Glu15ii-2Bp7Y21pjfK-2FrLJ-2FkTY8HHpCfaxb7R7R7l-2FnPlfo72-2FWZxOLXpXPbahPNg-=
2F84vdYtI21Wp7lsHKcPDKomOHN2f0dPKPLGJLgxTi6Za1vFTS295b41PLSP7HEPerEGi1VlXm4=
oPr0ot1qoo1QqlUbAU16lXfJU5tA1yM957ogdeCbNFOC8MkR0oISXJAkuZbUyyUm-2F1yjxNqs9=
YfT1L7gkQ47P6gXdEIPtDq5P8BM-2BSN7xlsL8U0ZhfO57D-2F0ds" universal=3D"true">K=
hosla Ventures</a>-backed <b><a test style=3D"color: #1D5080;" href=3D"http=
s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI=
rf6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy47-2F9cXJHeY1a-2BsXrksPw9Rg-3D=
-3DiN_2_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NV=
R0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJ=
PAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAm=
HfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57=
VI-2FHRE6AizuzvUuY3TrBJSA2me3FMxE1GQ88-2B6PBCDf2htQ60dcJ3J7bUhj765uEz1gBBHe=
tzqdLNvkHjL6wrq32SnM4XQh6SQqx00RSj1oemJYlXTCCfGld2XNGmfjUuieeoh8Ejx4b-2F49H=
t3sCXNiu07NLziEDnDNWQ7j2SU2ThGcKpy2ZYmOyLpQINrxqdi-2B-2FmzXpHyDxdlOCOoBP-2B=
rKskrLyJjW4JSaL9bWL5BSKDi75fPI1GPyLzTiJzfDf7FZWt3JKozrly4vQOS-2FbQ-2B4N0tix=
XyMrKuycaxRmiQ-2BIGh" universal=3D"true">Teamshares</a></b>, which operates=
 a platform for acquisitions and employee ownership, agreed to go public vi=
a a SPAC called <a test style=3D"color: #1D5080;" href=3D"https://url6380.n=
ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7=
ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4YLV1E4vaYB137kWuioaJeA-3D-3DMKRH_Pr966knua=
Hmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4=
okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk=
7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5=
-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUu=
Y3TrBJSA2mfeMD3pBz2GsctCPj7EZteipAZKJ5CD-2FkViFqD1OeAVtv-2FWZqjPQXUt-2FnGtq=
wrWZl0hIdTpDMgtKP2KRcX-2FegfBpV2rq2TfdoRVKQREjxJCoF4j69PGVF3ErOpOrvOEuWi5ei=
qWUL1t1utRKGGbZpU9bU-2FdgCLsTAkbtSTdzzHRc6kQ1su1ZZFVGz1-2Bz1vsXF3Gj9FAJ0LCa=
KC89Xr1yDtxfGp4xPb-2FJkJJEARtvWktlGCGiokHjTnQjcI-2Ftm-2F691ZB2GHRM6duS0Jakk=
kI-2BJb" universal=3D"true">Live Oak Acquisition Corp V</a>.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Fundraising</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4CPtzYZMj9mmA0rIuQ=
ZVJlQ-3D-3DDZu1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf=
8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzE=
dSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxt=
hgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpd=
nhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2lJ4baj9Gk5n44Cgsca54lri4jzGhINzTw04By0GLo=
G6DspZnYrG-2FUFmBMiBjm4-2FMq-2BMgrq9XRbZtiVxEhc5LZkmpHks8Y77rlIEbZypNYxZ1W6=
6L-2F4Nu97Yh9XmUqhVqelx1aheaehp6F20Fi9GXB1uyUUi8p5D6E-2FSIyiGUE0n52GAZxIuYo=
OYMeFpkH7WTHJVpgYZP6dPwmeqAy9QoKUmg1btssyCu4nhtqh4q-2FBI7-2FYRYmfpKETLfm-2F=
wNbMdZvFBDFDDEdM61Q5nIunPX4O" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">Diameter Capital Partners</a></b> closed its third dislocation fu=
nd on $4.5 billion.<br><br>
                               Solo VC investor <b><a href=3D"https://url63=
80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B=
aqM7ONnvsnswouzWJNhPndVBpvvWka7niyh67NXXCkN1qTiRnubqzsUqvmw-3D-3D6NDs_Pr966=
knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVd=
zvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm=
5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLll=
ivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6Aizu=
zvUuY3TrBJSA2lkhKDA2SbSrNs5Xx6JtXs0TvdvXK9slhOl1vx6pDXVxKMuquJnTjaEnYAiZDTL=
6QJC-2FYjL-2By5Pt56upSxH5fklk-2BCBnCu1vXBSRlwvmMjn9e5L-2F3nalGNHXeHyghEM5Pf=
jne8wXxmPu08gTi-2F2MqP7ljBC37TpyCmYuokA5G55t98juF0HKWZvUCDDs930Kgykp5B1ZHjr=
XLa-2BUJxDJlyOcZlv65du3HMm37tZ2qOEv-2FMrmylJmOHfThkvhbIobzFjQbieiBrvxKOaRn4=
4vSiT" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Elad Gil</a><=
/b> increased the target amount of his latest fund to $3 billion, The Infor=
mation reported.<br><br>
                               London-based VC firm <b><a href=3D"https://u=
rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF=
a-2BaqM7ONnvsnswouzWJNhPndVBpvvWka7niyh67icsww5RL7WUWEUEzqWKhBg-3D-3DN3ZM_P=
r966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaep=
FsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9=
uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01L=
NLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6=
AizuzvUuY3TrBJSA2mE7jsb87B1lkkVBRGKU0XXFdu8nYV54HmB5qWOiFaUbYuZiX8Bu1Gy-2BC=
TP4pqsIOGiVhZ0sQAj3BnZdzncgkwteJvjVOdqndYZP8-2FnLUXp2vronar2YHd8Jlqs4GRQss1=
r2X6Ly990LLcdok2ncESwQV5gDC1mcyamDSwZERyc3GI-2FHuntGt2xJOck2XCNGxp26m0BVyzw=
MePJl-2BqxXX2PtgeUVFBEVPfXOO1ZvsFqq06C7IzIRJxT56Fdw0FxvYipVxwx7WGpwrUvu-2FN=
NY0Ta" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Medicxi</a></=
b> closed its fifth fund on =E2=82=AC500 million.<br><br>
                               Former <a href=3D"https://url6380.news.pitch=
book.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswo=
uzWJNhPndVBpvvWka7niyh67kylGd3ZOXYtYVkcKla676Q-3D-3Dzt_H_Pr966knuaHmaw6c7pK=
vB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0=
NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRba=
TFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8=
tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2=
lfF5n27oHAj2wLGFtEp5MFAamzCN3lghCm-2F5OiY2S9ieGm3EzTTTieRROrKN5eSWTTEraWuWt=
QMFZSAmVZHSW0ucppE1469ct7eMe5IkI0yactCKf89wtmEpb62Yfl88MPnscXO7DFJLFYnRgvdq=
nDPnNGjejEtrnWaF-2F4x5mXmX8lx8PBwwmdo51ZaUKi0YcEobty4ZT4NAPra8vee9795pNZ-2F=
WtVItG-2FQDdWa3eWIpT3BNv5393LF0v1Q4Lve-2B4M73nHANYp2SEpDWXxFC2Z" style=3D"c=
olor: #1D5080;" test=3D"" universal=3D"true">Eurazeo</a> CEO <a href=3D"htt=
ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW=
Irf6GFa-2BaqM7ONnvsnswouzWJNhPndVBpvvWka7niyh67-2F9DhNRKHu7VuC0wldQlmvw-3D-=
3DEf1N_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR=
0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJP=
An3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmH=
foCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57V=
I-2FHRE6AizuzvUuY3TrBJSA2lq5L1ieXEKisicWYBCD1vADiGM-2BmFppiFmTeJZRkMKaMBTx-=
2Bgg3mxVfJn-2FO-2F5CvEtAoWYwJxa-2FW1z-2BFk7PGhLeOPffo8SaWfuhBNlIoiWP-2FKm8X=
6LGMKsv63iqgGhD42Iw3qxAcThvwcgpDJUlO-2FRCMx0CdLh6Ma-2FRbNrUs8VknOpJVxIuF6eN=
ecwMBDc8ex7uJTLsfenlGImqNdRJ6yJwmCKq1CuTbKqT9J5AIWOfxwM0myVPYASMqydyYkPhP1U=
x1ssF34JB-2FUotwifYWX0c" style=3D"color: #1D5080;" test=3D"" universal=3D"t=
rue">Virginie Morgon</a>'s PE firm <b><a href=3D"https://url6380.news.pitch=
book.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswo=
uzWJNhPndVBpvvWka7niyh67QKMNx91A47gLS4G3xQSLVA-3D-3DBX2T_Pr966knuaHmaw6c7pK=
vB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0=
NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRba=
TFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8=
tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2=
nZfungc3pr-2Fp6l51GmcqryO-2FCzTbLiMSreiI8XHFkqJkkYyaBBcIxdP1lKE8vYvT2x7WkGF=
1udTXtXW9yBYciSiy8TW5tGU5QRdxjQylXFFKyZsE-2FARw0O-2BvehSXDwaK1LJ6n2Y7og-2Bh=
erGSC-2FsfxJ-2Bl0rIWQSqlZQxs6zLn80CTnXw-2Bm8IaLJCW5jZHEui7ZPTzESH6hrKPL-2Fs=
i-2B1CWsoZxwPRPg-2BneXzUwSlT6plYLt-2Fq16ZpNSoFuDTgjb4onIEcj-2B26BCMPylBqbaV=
eFWv" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ardabelle Capi=
tal</a></b> has raised =E2=82=AC250 million for its inaugural fund, Bloombe=
rg reported.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Investors</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">The <b=
><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7=
3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWJNhPndVBpvvWka7niyh67T33V5pOiCF6sN=
uRnzulPEQ-3D-3Da6nv_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kb=
McVf8UYA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8M=
yuzEdSqs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2=
FRxthgcIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1o=
UIpdnhg-2B57VI-2FHRE6AizuzvUuY3TrBJSA2llK5w-2BKM7SNrwCsl11Zh7HU4fKJE7flIeAq=
jcYHYmQTXuZKUJt7KSfML2PwZUaV5cSiCbu9bPR6JVS7rzCMRySWsWwdE9vU2y-2FHCB-2FkP8J=
4YAUk5amWNaSZ1Jnj-2B2E94ci4LwCavDayV0nvpqJ0gLpQMAyejLWTHj-2FoDVE1PPs7yLC-2B=
hKCNyZ-2FuIoMRHpA-2Fkcp0GvhFJqASSIjNGtIZAS91Qf8YHFjnDJh90hijTYbs6eJzDKdQ1go=
CKwSQsBjnJIKrLvQSELWRMMgbp-2FMPD13" style=3D"color: #1D5080;" test=3D"" uni=
versal=3D"true">Ontario Teachers' Pension Plan</a></b> will disband its Asi=
a real estate team by the end of 2026.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Corporate M&amp;A</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWJNhPndVBpvvWka7niyh67XisYZwO0TRNxKUA8WoQe=
Og-3D-3DrhGa_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UY=
A68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdSq=
s6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthgc=
IIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnhg=
-2B57VI-2FHRE6AizuzvUuY3TrBJSA2k56Q8VMymL9NVIwcWZWpzZXpqRCOwyIrVSsKiMinChtU=
qAeazVyNeZl746L7zr-2FSolENjJS4d3oopDjpNJ-2BcQvPPZIDrvpLOe9m0TYHS86Vf4djehUw=
qyzzV76bt-2BdjeVG-2Fb2KP772cokvjUbZhyYJMcso6UZXtqOZzmPR98-2BR71wLI8GN-2B417=
5TvA6FWDgzY-2BA5Gyi-2F5w71ZkQdukMjbvwWGJehdAc2da-2BVU-2FnSPHPSKnvR4ggvy5kD5=
2ZBXDsb54x5DHn1tGuWGmM1DZ2cUU" style=3D"color: #1D5080;" test=3D"" universa=
l=3D"true">Merck &amp; Co.</a> agreed to acquire Nasdaq-listed <b><a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWJNhPndVBpvvWka7niyh67q6t9hm-2BwrumdysOM8I1=
qqw-3D-3DY5ED_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U=
YA68NVR0loxnaepFsVdzvZ4okKwLFuE0NEpEek5pykNG1-2By4Ypht-2FBbkCKyKvZq8MyuzEdS=
qs6KRJPAn3zepQ9uYdm5UWk7z1bqrRbaTFLfUTr5OZS-2B4O4ldT9lMF1dPuzlWCe6g-2FRxthg=
cIIUAmHfoCQe01LNLllivZ5-2BIgaRk8tZj9Veb2nmu9k-2BqhYuf5cPyUUQJqLkHFY1oUIpdnh=
g-2B57VI-2FHRE6AizuzvUuY3TrBJSA2nQ91VuHOzRsNGqQ7Je9Tz1geqxF6jUOU1-2FtcNRygU=
-2Fvmoy29w87iUeCtSfpzS9Jz5lnF7PXOTJSIOJDMUffANb5rmbePrO14-2BrWLpqgyI2nEWKrN=
8dNmjsqISf2RT2Br50ZULuVj82moXeA9htFWDrD0tHctwKaH6YQLMJFKiacXqwX7oZAEqb-2BUR=
ExqvquapCzKCpFp844NDDx-2FLpahjHTqolbSlqcxNpTlFIYDhjXA-2BOsU5FrOhadIxWlytuUL=
rKheN4-2BN3KgVHC-2BY-2FgYhze" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">Cidara Therapeutics</a></b>, which manufactures flu medicines and=
 other immunotherapeutics, for about $9.2 billion.</td>
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