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Edit File: 1763393673.M763422P4123155.server-619288.prediksijaya.com,S=195590,W=199127

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Date: Mon, 17 Nov 2025 14:10:28 +0000 (UTC)
From: PitchBook News <news-noreply@news.pitchbook.com>
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Subject: Fund bosses pile into digital assets
To: most@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' =
push into private wealth, a notable quarter for enterprise SaaS and <a href=
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cd5F02Xf-2BgjphBoYztaPwRjwJS10vUUHUxugiyygiFPx1HbPDdLGWrdtC6XPZ3qh69pqi-2FE=
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al=3D"true"><b>the acceleration of VC secondaries</b></a>.</td>
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me=3D"n_574728" id=3D"n_574728" style=3D"font-size: 0; text-decoration: non=
e;"></a>=20
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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-2FIeB9U9k8HEV7M=
qSKAaQJ-2BSc8ln5w-3D-3DhJBQ_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t=
1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv85=
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CBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjxTGQz8BKrSI-2FG99Uqp8Q2BH=
nIP0PBka-2BYBFjxInmI6rszPGSCAZ7et-2FkCSO6L-2BsVuSyCdKBOiayKenfnBCGXGJTxe1aV=
iQn4jrjH3T7chX-2BUny-2B-2F-2Fs7LKOWRV3y-2BjBzlIhy7G7Gm4DPygZ4oArYWKS2T3a4kz=
qQhexe4TgvmU4nokDWzlARTB-2Foh9gHciSIOuAXE1G8VmMNN5-2FUtLaBaok46nRQ0uyuOKJEX=
1kYN-2Ffqx-2BTFQLp-2B-2B-2BoQl4phUkYWU58YzuoSbth-2FaBk0DT6QIj-2F" universal=
=3D"true"> <img align=3D"center" alt=3D"" src=3D"https://img.pitchbook.com/=
news/71399.jpg" style=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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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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qJ9A1mOeUhsgOHmR4jZFV3Z3HxXkPYI1rmfIiOn8eRstMxvwsJxnWtLY84LPqMCTZjygQ85rJB-=
2BwUid81ycI-2FD2cXgLgEiLi6yDmm831-2B"> <img align=3D"center" alt=3D"" src=
=3D"https://img.pitchbook.com/news/71234.png" style=3D"border: none; max-wi=
dth: 420px;">  </a></td>
                              </tr>
                              <tr>
                              <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=
BaqM7ONnvsnswouzUZIPYw6M5V1c1z0HEIvuAKEHyrT9Xbymi0JoExZHbE3w-3D-3DRlLv_I3w5=
d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4=
j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbM=
Khf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJx=
e6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3=
kA9-2FRMMYH6w77okjzHFP5jnhoFeUjqsL6U-2BLUXXHtQCYOzqtIN4l0VGyTAh7LrZ7PKIaJxr=
Pt42pTc3kS0VOJGZDbAY-2B9w791qtx3Wx-2FWRxbhKEAEwANYcoEz-2BtQKvvG3ZKIMqcUeQ-2=
FS1POWZD68XSHHqdkQ5PKZ8i7RGrXW7Ev4Aqt6CJ58ElPTy-2F9jvhsxezUD-2FSDXHYC-2FLFe=
WOmfvicVZVtonYTineXn8ExbKystfDBEXYhAPnZA-2Bhx50-2Fjqnn4Da-2F64Chq5boHk0iuoa=
T9XcDxfyKLS-2BInjAHC" 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=
iciGhcnNbWbGONeGffk2bQ-3D-3Dmf8v_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy=
-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt=
3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg=
551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9p=
Y0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjwug1jr9PzbT9HJhz8ToO=
PnIQvpo5qc2mQd7jiT7-2F0rFW46TxI6K7hPDFzXtJuCa8dRKY6yiqovzwfh2t-2FQhsREIDzSv=
Yt7ggGIxcBSAg342z1sE93dMgjIHvjSQElBgF9O-2FBmIPyEUqfWo8iWWeizI3ThpsjFCQytWLB=
RS0W2SAQk65IdbwCtx-2BANsTuboTgMMEFiEr48cWUDl4uDrp5P1Gaw389bW7KTnwI8gpEAgYOk=
IM1y5iyGs9qEipGKZ7arDqICuMlPgfQnp84PTSjkg" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true"><b>See what else our analysts discovered</b></a><b=
r><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-2BaqM7ONnvsnswouzUZIPYw6M5V1c1z0HEIvuAKcIuRW-2Fdm2Vu1HRbQgaUu4Q-3D-3=
DOaNN_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFT=
Ml2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2=
zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZT=
Hsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHow=
XZ3bbdsGh3kA9-2FRMMYH6w77okjziNwNtitEHmj13ABJOVHMCvNba2fHKrXvFAfKtubdD262mO=
DJM-2BvYC9ERRJ1MoJWHZ7b5vpv18AVxqHy-2B5b5-2FWr23XY-2Fh7pD3umIEbBjSuEMXJD6Md=
INY0aEkMGWsiEuT21kuO63MVtvl5cNZ4Bf-2FcJWm-2FI-2Bcx0OF6-2F-2B6EfwMRwpUgUC3FI=
-2F3CvMVIw5KVu31DENLT068rR-2BjqQDyqamBSzHvr8QH3JIz8UM3UfNihUoHNj52H-2FOA-2F=
mxRWU-2BnNgMtFbLBR-2FH-2BQcKkKh9x6Be2e" style=3D"color: #1D5080;" test=3D""=
 universal=3D"true"><b>Read 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-2BaqM7ONnvsnswouzUZIPYw6M5V1c1z0HEIvuAKjls-2FLN88z9DDC=
9vMUrnRAQ-3D-3D6-XO_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdW=
eUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2=
FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQab=
vvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81=
ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjx-2F2ah7707I922QIKIxl6o3w1PlwE0W5=
cA3hN-2FGnvA34IuvGEnrYQqBgQN21qhiO6bCJkUUd9ZM-2BsV-2BTHSXDzcSYpn9irdXeIBBFZ=
v3GddQeDsirNOnCNVb1hTU69bwKuFwEQBKLQVqfQaEzfhoorjj-2FnAYpM-2F7sVuC9AD1kfnzk=
eGTq147AHOLbMGP98Jf8gJ3rd8z3Q7Ysvq9I2gy2Z1pukl8gVO1NpDxe-2FR99mctD9G-2BiZUA=
pB0Zu-2BnrbAVNBVFXJ9EovJ2fln7GPTZ5QOAH" style=3D"color: #1D5080;" test=3D""=
 universal=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=
PYw6M5V1c1z0HEIvuAKfHIDkzdot7G-2FQxhScccAYw-3D-3DH_rD_I3w5d9c01gkD8gLzFEofZ=
R-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKw=
uA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1=
r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDt=
N5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77ok=
jzaRveGB5natydR5rmn7irf8AQ7or8-2F87flaGBd-2BdAqNAmdJQjpmDIvZsw-2B-2FDBk3FMU=
AM38iuZzQ3JCGp7AMdnqR5KMMKdp3KzXwgGnHfXv1AYPosTB6e4wQCM8FTvcdgCB9FD-2FjN3Td=
VfNa0mbrMMxldOxW8w2kbkMJ35GSX5m5bBTcoLhPOXH2HYQxCiCXNYUundFPBpwo-2FSugpWodf=
KlJ835WpUlmFj3MpZ1XGOuX1Kmzzu5leQQH-2FiGhWlBwWZf51TjIDjQVPhgWDQySG4p" 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-2FIeB9U9nwBCcETTzsunvfuMhheARQ-3=
D-3DclD1_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pz=
sFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPh=
mK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTyp=
sZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdgu=
HowXZ3bbdsGh3kA9-2FRMMYH6w77okjx9gic9xpJkfvwrUa-2FBSQCb3rQv9UsU3E2aUfkaZQ0I=
4YKQ9nbyzqZLrYKEqmq74fyHYQSMgdcGdTVOdxd3e4agOg4Orb31gNP4KcJQGMQ5KY1btD-2FMF=
wQAmsGb4S0IY2pQXROm-2FnfwioK4doWTTdxjfA3JeHY77-2F9nq176dANfbsvHJr2fb5oeYD1q=
uQhX2aeZUW7tITnWU-2F29Edr7mzrev8JCx0wkNnBUi546OasW4lYNdD4NVM6C0CPE-2B7taarK=
EYnrOcT2WPyqjiY1WUxj-2B" style=3D"color: #1D5080;" test=3D"" universal=3D"t=
rue"><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-2BaqM7ONnvsnswouzUZIPYw6M5V1c1z0HEIvuAKlKdxMEJcn=
FU07c1ACXFTUw-3D-3DawiX_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb=
cbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljz=
QB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2c=
zQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBap=
hF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjxmzcqfPdE7iNWmocGywYqa-2FkMp7=
uLzpXj-2Bj-2BcxKjTVCG1DSRGLkVL8nxf0NQRpnY11pnqZg3HSxtcWgw6IKNcFoUmMLv988T85=
quoFRXGW1bWddSIpWSgSgQKEAqeyDkoR2qieGFJ-2B-2F1SwaBMxcS4T9ntjWa6XGL2SEBnnEsY=
zNXsHq2I4HMC9n7gznBXADWNLtiU1LgDN3ST6FhYVvB-2B2zR8-2FrttxaWtXMXlr68yQb1CX4Y=
K6fbWamXCtOPAxKBRdzG3BvKP3pHq6zqIhaAe4" 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>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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ng=3D"0" style=3D"width: 100%; min-width: 100%;
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                          <table border=3D"0" cellpadding=3D"0" cellspacing=
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 ">
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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>Rel=
ated article:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/c=
lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUZIPYw6M5V1c1z0=
HEIvuAKvFKayxo3lRXEYN76YMKWoA-3D-3DXFtb_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB=
RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2=
BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy=
1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcF=
g-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjyVjKIsdf6NrA1=
4ND0XPvyGHNRYKgFtGngd-2F5MW-2BHpt-2B-2BU1ufjG4SfJQO-2BncXS6xThJX2u-2BsStwAb=
L1XUgNM0rz6qDaaqW5-2FCVaKjhXn-2FImnmbnalHwymLRwzdSLvTW7TzfxapUqBaMaoZ8HG3YR=
XBna1w8Q06uCh-2BxrfBMLuxhkqhudFERIkJpk3qA0FPmr0WDHPQgStIhMHfjZjRM6UHIhDXGeU=
yJXTl39LUq-2BwhUV2AkXKV0XeBQObWFEEUJ8izw8mRhXHeR-2F-2FyE2vb4bZ7f" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">Nesting dolls of SPVs are pro=
viding access to hot startups</a></b></td>
                              </tr>
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                            </tr>
                           </tbody>
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ight: 6px; padding: 0; " colspan=3D"2"></td>
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                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
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                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
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                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Side Letters</span></td>
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>
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g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
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                         <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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                             <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-2BaqM7ONnvsnswouzUZIPYw6M5V1c1z0HEIvuAKg2OM412dik28tBLUccR9Eg-3D=
-3DTLUx_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs=
FTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhm=
K2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTyps=
ZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguH=
owXZ3bbdsGh3kA9-2FRMMYH6w77okjwFPQQFqHMB6S0rKA8tFB6quxTX6yapHzSzOPzyJeqvDc4=
07VpNBTsuz8cQRtKgHLNGeAbVWKJ-2Fso81FnvqntqBqgAHGG1c5UVrs9lqS7YFKVZhsX6pl2x9=
woNANxRfXJL1QyxAUKP0wADgDgTqWMQTxR6vl5-2Bqbe7V-2BAdrxDvraxczmMQey8uP3UcnnIo=
-2B2O9aGeCUIvJaqyjjD-2BzQdTkh-2FVAYvLTYNYJfie1ogRKDV8FddFGmsI5RHb0n-2BiYwly=
AqGl6EcrGJ-2Bb-2BtfSQyZjVW" style=3D"color: #1D5080;" test=3D"">The Wall St=
reet 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=
wouzUZIPYw6M5V1c1z0HEIvuAKJ13Gt8ln-2FzO9YCcmXdp7Zg-3D-3Dfz6s_I3w5d9c01gkD8g=
LzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-=
2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVE=
BCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBX=
SSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMY=
H6w77okjw-2B-2F8760jH3WOhCtq55R1oQRj67EAZTgf7aKQdrrVqAtbmHj6rC0nKTDBvHq-2B4=
NPvd6OTEYCHUIjdhBjSq4qHYi62JXmOaluoEwzlWB0Nsn219kSmGcog3c37rskgwALT2zUTQQZX=
8p8k0vmEHdzMToVvzIOUG40MF4iHGaidkvwuCoB6oIH4Y2ZO1FbahuJ5OztNbsQjLfCK1eis8vk=
aA-2B7Gt-2FsVWgMrSARef30edPfpLTWWLe-2B6e2j9Cy9ZEMBnkh3TGuj2qZ7n-2BYtU1Q6mlY=
" style=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-2BYcfK8ZwZdtYJByNg6DigHYOfHRtlq5c1a40uoJw-3D-3DLRe2_I3w5d9c01gk=
D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2Y=
qX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2Fl=
ZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeO=
hBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FR=
MMYH6w77okjwnKn50dE-2F-2FFcsqVd5RED8mcsHPfU6UJRMxo4iRBtFSxLigviBHWxLa3vvrkZ=
fxZ0QunyZrwNMpVYJx95IYELfNSMSXMBEi22DEgeGgJvf2PIn7ccvClj0POgT-2FDyK92ZB-2Bm=
EXub9-2FTXgjds7tetxJLk1czXEYQKfARrL6BSwyIa6bMN4dyfZCxrjEUXDnS6RL2jlrlK6zlzL=
xEM9etaJrURHMA23Hkx12VYlnqj65K4Doo0qvauJzv-2BYi21BQhZqvSR0m-2B2uwXu6UBDdm6c=
g8v" 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=
6GFa-2BaqM7ONnvsnswouzU9sq-2BYcfK8ZwZdtYJByNg6Q3mdhKQWGCyS6uMY6RwIxw-3D-3DR=
O-h_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl=
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ye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ=
3bbdsGh3kA9-2FRMMYH6w77okjxEhzfwQn18Joe1Oz4Vlb1jKTFlLPQKzCoPNPZtHg5RtZvEjyz=
J0rL4jgjKv0Wdu9Os1IOk6oE5hGS-2FR49gQ-2F9MVwYNqiDfkCoXPiZSJCCCaWTZL6On2u2OdP=
tUyoNWXuUtR0-2BvgeXTutsEaekwsLUkffHc3Kq9Lrid86gsZxFzvdhYRiIJ9-2BmJCm0rWBIa8=
v-2Br6nieX1G4YaGAivM0IyMEAkokrdVc0pV66w8xdVj51urteFWeNjAy97RiSPAGy-2BuWQKz-=
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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-2BYcfK8ZwZdtYJByNg6BnnR-2FlZF9o-2BCk57o-2B-2F0X-=
2Bg-3D-3D3umS_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa=
0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2=
BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2F=
jxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG=
3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjzmaq9DZtv-2BcDt-2FrhdcHLoyKHY8gQA-2BjJ6=
OV6MzVhyrtX7APNYf2G-2FC4XzY2BMHgMPcOoDW9c4xlD-2FfOGAWzKk0aevl6rhYNO6XxYjwbj=
ZMNG1OfZrSzn-2BovvcV53FYAGWvtnN6w7dbVgzyTBoKE6cDeCTlPmuacdqHNEhLUchsSXzDkFU=
p-2BK-2BlglbfOgYz12vQlvnVaSAaIE-2FqX4YwHDxNzwCPc3D5O6EXJN61pa2DjdwK3p47gsc7=
1bUhejNUDCaJYKQ9hgjhQKbah4l3l49A" 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-2BYcfK8ZwZdtYJByNg64rmG2XpIkBR0I2HuUdrMQg-3D-3DQTWJ_I3w5d9c01gkD8=
gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX=
-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZV=
EBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhB=
XSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMM=
YH6w77okjxuPkerjIlsZ1LxQpU086Xv-2F9w1yEuOkT4-2FeQ4Lc1fPgLygYLf7vfQ7-2BnHD9y=
0ljCmRUx7nAxFW4qtfwWsr2Z2QL-2BKHdZvt445MTYtPGUubG2q1iCAhQWFHyueOamgsxY25A8Y=
t82miy0AZYmAwXCdiv-2BKi-2FxfsYbeqjE7uKbglPFKSVGnAcURiYFYiInXcCbU0s1Nmdqf14s=
5yTfYAO2uwXM84IsMqyfhIOh9-2FqvaGT-2Bgc24Mww5t8QXp1rOXT0n-2ByXZklF5TvdEiZdvW=
u4cLI" style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" univer=
sal=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-2BYcfK8ZwZdtYJByNg6QCbq2Fpy6PjOn0w4HEsJtQ-3D-3Dzz7W_I3w5d9c01gkD8=
gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX=
-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZV=
EBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhB=
XSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMM=
YH6w77okjyWDaULK8HgOV9Aq57cE5wrq3qdQ2bRgfT3ZkUsxswnPBog6ESpeFZmBJiwJATtGRMe=
4eGbBAmj-2BgNaojIlJXGtmQgauk0jyJLAnBBIuQtqbm5SqOrzmibda-2B7KLdFz3lR1hBrgkKi=
KZ6CRQzz109SfuUCfw9gHK-2BnQdiVMediDBrOW40FBD5k1qAiWV24fGTF9-2B3YNF5RxnMT2pF=
zX1oXGtBjul-2FZJmGy0TJcyOm0-2F9KOoglzcHhbO-2FTltolMRgQ9iU0KIwUj6TpALt2DP3pK=
r" 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-2BYcfK8ZwZdtYJByNg6IXf70M-2BlLPkjp195j4uhvg-3D-3DCHEd_I3w5d9c01gk=
D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2Y=
qX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2Fl=
ZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeO=
hBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FR=
MMYH6w77okjzXE0JVFahg8aXzq7PnSXmpc0yZbYDQpCy54-2FvslPnsx1Vk-2BmPdr5RKWMHyOQ=
V1qyOg4-2BpDA-2BkzpLQbFzAEnVMmAxSutxlt59RFO5YX1mm85N0A8t3eN1gk-2FxtKHq-2Fy-=
2F8EYZAHB22gv5EuJNYgbhPL7OTmxreKgsoj8-2BMNos9ZpDHDGWYKA6C7B81thMLgovQhFrgD7=
V04xU8sAQzNkZFFILvAAyxWA2tGhsyx-2F9hvpgzljlgEI2mNYKyO5LnGfmt9H7V0tpkbNgbX-2=
BFNY6liyU" style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" un=
iversal=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-2BYcfK8ZwZdtYJByNg6pwRs=
T7O7LsILb2epQNeDBA-3D-3D9C33_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3=
t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv8=
52ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-=
2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJ=
HCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjz-2FZ5JFLrQ1bA5CpCpm-2Fe=
6fUgbourPXraadBMPHCp8E0GcwqHVaUtuYLbJv0JP0g4Rbbb-2FxgacT0YsEynTQ5MaTNNrYixT=
qLFYdAp1iyoCu69WbSNoSgF51Ql9J9UmBhoULHvlNqh04Jf-2Bb3SxUmEmR2-2FVkPGZhwee5Y7=
8-2BgteF2B7TpVJlxuzI3AQ-2FvpnGXYBjeEWggoEq8fK7gsBDqZ1rqFFnSFAOHVuq-2BdsKvs-=
2B-2FfBM7SBfm15B0O8eIQW5vM49-2Fx3I938Mpj72tIYuVbWEv" style=3D"font-family: =
Roboto, Arial, sans-serif; color: #1D5080; font-size: 14px; font-weight: 70=
0; line-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=
YcfK8ZwZdtYJByNg6SGPN3ZAUvg-2FyGUoD8dG0-2FQ-3D-3DzxXA_I3w5d9c01gkD8gLzFEofZ=
R-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKw=
uA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1=
r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDt=
N5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77ok=
jx6qlQwGP4k1XbfL8DgnEjjg4C49DQu6R9S8p-2BKPnkYo1yNh7soHQAlhRSI4cqgPyHkNDiBcv=
sfX9-2FwB3h9IhuzsJmkIZxpBky9Z1GNNWgNK8rNVvO5eZOJGvSeOKM1RE-2FfXJd17NpxNCFg9=
8uZK3nqVy3PViYKcEdCd8bZS4x2RoeYoKn9C-2FpcYoyUYDuYWIzj2xMQU80r-2FybjPWXxDuOj=
8P89IBlk5e1VKmxZ5tbjmOzBuAuVWrVJ5IJcQHMgJYqzRYJDpNIcSkin4ombfjnB" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">PitchBook Benchmarks</a></b><=
/td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>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-2BYcfK8ZwZdtYJByNg6QWkkeOJzt48B8FLWF3=
NPAA-3D-3Do9xT_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV=
a0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-=
2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2=
FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBR=
G3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjw9XjRhLaSioNglzkVn5Q0cTWmMmZJZiJA6k-2B=
Q0DsVL6u0S0F2udXrAqiTtqaSsFI-2F-2BD2fNHle1If4YIIDYGanGOtup3-2BdMalt4uj3C1IX=
d12iOxXZLxANobZtDwPTRnl2SFAwtdq46s-2BlLooZJqkgBKw83imRoVUqLpY8k6Q0TDv9XZefV=
LiciHSTJijt7aH-2F9wdY-2BFVXWxyZ72HyVcUCWaSerHRAJ4742aZ1WN0xz2A4vPbEiiohqWUq=
dWhxt5UzQgRfuj3wvdT4QJLkWzwpD" style=3D"color: #1D5080;" test=3D"" universa=
l=3D"true">Blackstone</a> has hired <b><a href=3D"https://url6380.news.pitc=
hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw=
ouzU9sq-2BYcfK8ZwZdtYJByNg6uOvIhz79d3cQug4bb0jQVg-3D-3DFH3B_I3w5d9c01gkD8gL=
zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2=
F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEB=
COG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXS=
SbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH=
6w77okjzMtpBV-2BPXyoXfeXBU1YBEdgSWkJtJfaiTM8nFczwyuvu6QAXch-2F0wgBZe9J8i5sf=
HGgXgBAjjVQDRNXZebhhVOLb49P9lGmdtJX9astRS0kevfN3TWCcFjZPGkGrMh7-2BJE02EHLJX=
h6kmnwJ3bqxA8zyTV-2FGotNq23a9Ngf2oWfV0CqfOMnVyT-2BiqlWUTcmiaf0gROVp89zBi8Z7=
45ptPWD3sh5vftCAJVbabKX323k-2FDxS7Jq-2FLhXzBIVB-2Blv0fIIseQT5BILdlDI-2FQcUW=
I1i" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Franck Petitgas=
</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-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWX-2BTRXGE-2Fyv=
JwMjzXzIQnjIQ-3D-3D5dKt_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb=
cbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljz=
QB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2c=
zQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBap=
hF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjyWw0mkKs66qQoZ1OZMjhaTz44002i=
2mVAXK94eBlC2wrg7lrWJXtY5mv57JE3929jTNZ0ZV-2FPscr2r8PFQkz4zm-2Fkiw0voFHKmUj=
ohOIGFCB0ZNBZVlWU1GuXg4quwdqxXaeLX-2BsixFq5Zt9mbNerl89CgZMsRltkuNPItQsQncYI=
VLyWhqJCFBFTxQ-2FTEhGI-2BTKCXpxgnWpv7A1RiqfZIPxxBfaavP7yBBG3QhSGOR6KSbBDLCk=
ngU9iyP0cNwTjMHtZivKt65HsmYuVksvcx" style=3D"color: #1D5080;" test=3D"" uni=
versal=3D"true">OpenAI</a> executive <a href=3D"https://url6380.news.pitchb=
ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou=
zUnGaHbJCO797luIFrcCsWX3zka37rETIdeJEvXcbJung-3D-3DuEzl_I3w5d9c01gkD8gLzFEo=
fZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aF=
KwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4=
E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbih=
DtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77=
okjw-2BCd8yysm2x9f5GL9DiaIX0OpC0mioCT95ywFKW-2FG-2FC26U-2FtCg1OSiFf5hi-2Bk-=
2BgbSz1DU4K4EKonMxrV3t-2FLxu4fFYlBUSj6w0wfb4fa3iU-2BeXjhxT9LCounGTlHEUFUbHF=
KM-2FFSbhYnIvo6luWOBGu2SnJOq8tmoa9OuDAgu02ksFpbmrWtn7ALEpOQZfLw5xfo2pWkslhw=
SGUsB2kvVfi6grfjxdrouVfSnUB9ucryEZ9F-2FMcNL6jJt2defPa8efsl5In0D-2FiAu7YbmZ1=
Boy" 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/cli=
ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFr=
cCsWXyCcwzLZQhKQF-2FVPWQfTeBQ-3D-3D5QuP_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB=
RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2=
BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy=
1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcF=
g-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjyOHlzXBSJppSo=
D3hqBDSufPNcQqmcUC8ZtHTrh1d-2BD58DSQw39-2BLzpKZkWc5V2ytKAwWJbHGGCMZy9dzZlt-=
2F-2BxYHSPCrSNxU-2B28GBvlKF0E-2BoliscsAZzeftPt6u9-2F47lAHi8xAYVUMXFKEUXPF5z=
194SQwHpgdWQgw7gdXT113hfGfOd2bd7NYUrN0C0g-2F6pkKlePBLf2MTLsJuyT45LAWR-2BQVt=
snEOjemHK-2FNYCEjuSeg1UgRnwxJOpyVqPudZeYqJ36n4QHr-2BX-2BlmOQAvtU" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">Thinking Machines Lab</a></b>=
, is in talks to raise a new round at a $50 billion valuation, Bloomberg re=
ported.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u=
pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsW=
XCuJw0gDsiI2bcNQTPOX7vQ-3D-3DGr6o_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmz=
y-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDw=
t3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwg=
g551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9=
pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjwTJqDDmMxiPyfBV-2BK=
kVRM4yUE37a2lN9Kt0GTMgMYAifAgEQJzjmSmBA-2FgltTyudj0rX0spPSPC2mjFlMF6GLwKW2-=
2FLBitUp6FZJw6QJC1yNRCFr6B-2FVmDmx9RhqhJ15xBbm-2FoUnqNqQhjCGfq3xDdX-2FAB9hj=
2iO3SWYCfzRlo1O-2BQVbBzSnJVXL3uDEdxwQlGKV24aLw5J5P9uEf16qdGY-2Fhjdxe0auF-2B=
dC9XdZfT9biQboMjb22VOghUmemzB-2BNBhitP53zD3PnHcDxXILoB" style=3D"color: #1D=
5080;" test=3D"" universal=3D"true">BGF</a> joined UK-based <b><a href=3D"h=
ttps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7Sp=
SWIrf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWX7HUP2EZ390cIsZ73vwH4bQ-3D-=
3Dkto2_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF=
TMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK=
2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZ=
THsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHo=
wXZ3bbdsGh3kA9-2FRMMYH6w77okjw0e7i6smlmuaY36FnbnTc8jKdeyIdXlc1LwlxJ9HRPM-2B=
U7KZJjjUI3S-2FTZaHBS8-2FD8mAMPDUlofhA9lC08Y1y5IBR9cFet88pwrjNzfAx7qVpvGbsxw=
xduWuXk-2BjUzr2-2FXY3YN3-2FMbI6wt8tJbZY-2BV72-2F-2BbO3UJvL3Cxpf0Z1LR2LXctXg=
S9tTBUJrEOcJyN-2FVIDn-2Fg7EPc46yNb7s3lITqXVfErAKY9RX2Q39rLy5jVJzhrKC18BleoJ=
MOpLLMhvXADyoVeJp-2F7XNFV0D65IR" style=3D"color: #1D5080;" test=3D"" univer=
sal=3D"true">T-Therapeutics</a></b>' Series A, which now totals $91 million=
.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWXs=
q1Py19Myia6pq-2FsJWfkuA-3D-3D8HZT_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmz=
y-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDw=
t3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwg=
g551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9=
pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjwW7Q7cyFwbaiMLJu843=
tCx4TA8YsBoEcbSsomYptDsZJpvsvFex5XX7fpjngsF6xg9wGgVU94EXHGlJPm2gHbeOCiogmI8=
C7Zdk6v9Ad-2BNaYVuVwFwFkW9lulh9fOzVStMkPv0NYGqlNt-2FpTJZR39RhPxb2etgwZuy4e2=
hJwEfi2-2B-2FWE-2B1Z9IJHXvu40Yfx9Re4P66NKPvGVPa62xSGDvkNERL2CDEEmtZffGx6NIo=
HcZKO66Tuclbi-2Ffp3ms3NuBpoQrgGpM5gGWIB9QyD8YS" style=3D"color: #1D5080;" t=
est=3D"" universal=3D"true">Carbon</a></b>, a startup focused on 3D printin=
g and manufacturing, raised $60 million from investors including <a href=3D=
"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7=
SpSWIrf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWXp8jEoMBBR2bibNGRbhh4aQ-3=
D-3Ddffn_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pz=
sFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPh=
mK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTyp=
sZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdgu=
HowXZ3bbdsGh3kA9-2FRMMYH6w77okjzpb9wms1XDIhGEuzYhBb0nNr4Cylmafnz9YG6X43AVBi=
BX1uJl-2F10-2B5pMvIxB7lTizzfs2Wvf-2FkySmycQON2oyQ8k9uVBIgl7catUoVD-2B-2B-2F=
jWIJPAcE6GkajHyiMXamYZBa1QAdAxFrgTSIb8xAZnXV-2BjUqaiZBgd9IiwM01HRm5sc4T6gYk=
s0GZ7esClV8TodJcMZ7AQ71W8MxqvVt1z6gp56mBCJPQG6XTY5V1RIOGmJ6PYr5jxSJvD8qZ3vc=
6MIRfHhYJKaAgSy7EniqqFw" style=3D"color: #1D5080;" test=3D"" universal=3D"t=
rue">Sequoia</a>, <a href=3D"https://url6380.news.pitchbook.com/uni/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrc=
CsWX4NtrjGyGHH7LaGWh-2B9ywTw-3D-3DS10C_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBR=
FCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2B=
skXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1=
K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg=
-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjw-2BS5XaaayuOg=
7tZ6bwD9RsfnBWEvcBFl2NJeQhVonLSdeQz-2FX5uFEjIzcuJEQueg-2FTt1Z-2F5qNsgMO95o2=
BkCg5fbT2rkECuZKQ7QmoEMd9ddDKHcV1-2F9w-2BV5oUO2oaVODbPihkqIrkS3ocrH2cVMpqRv=
SmSTJXrLtZkTPkLtEHisaSsIpCr40Jkop3LoGLc1mDb7ch-2FXIkXCw4B6kpBUFci4et-2B6gwn=
-2B0spjSkhgWWv8kpRtEWdAQuTHUXGy54lkROJBe7wiW-2FLgiSQiAyhA1a" style=3D"color=
: #1D5080;" test=3D"" universal=3D"true">Silver Lake</a> and <a href=3D"htt=
ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW=
Irf6GFa-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWXWn0xOs9ef3n9johbmT43MQ-3D-3D=
2xhS_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTM=
l2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2z=
aV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTH=
sye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowX=
Z3bbdsGh3kA9-2FRMMYH6w77okjxpiLeL0h1RFD2senX2TKK5qP-2B7wQFtWK-2FPL6JyY4M8ts=
oN17aMWVplk013FczDnGL9MDMJSHUiyHWgeTR8-2BtIF8JG4eFvVnbEIuYEd2lArVB-2FBCR-2B=
FY3eWU6JKYZPmfqLYTxXOgy3OBbyksXVd-2FkyxMPCQLQ5lT3G4EpmmzycLZ8ZzSOGKxgKZpP9g=
aMPMknlxjh1OlLbo-2BcQ9NFunimYSQnmOhMdvQBbfI1sfru9HGLnKvnG1A2hvYdiDfWenjW1zR=
vCPkDwAlWNEToaNPZlB" 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-2BaqM7ONnvsnswouzUnGaHbJCO797luIFrcCsWXAPvwXs-2B2WSVWLR8tf-2FuCDA-3D-=
3DtNpe_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF=
TMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK=
2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZ=
THsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHo=
wXZ3bbdsGh3kA9-2FRMMYH6w77okjy1TZYXJ1ggPuIiti7E-2BxwzDRSdOEukI75h76e7UK0sKw=
q435Gb-2F8YRjROLm4mZO4aGtajDfa-2Bl9PLAAhUp3nMlnCrBEBtHtsf3GbPkdKfFxyJY-2B-2=
FrNTRZ7ekL0YYZUNu7MQsp2Dj0iVCU8ttPnuNhY3jPHmgQgroc-2FEfJcLDfcj4w0UtkKsjWzOi=
A5DfPZgueces0M3oyG6IdypXlJv94qFyu5JxVfSlGEFOLGOQqogYdU4CrvAGQy3YZ08RHqgdmfT=
zv6oReIpHATekopSvrj" 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.d4n73BrX4Cuylw7SpSWIrf6=
GFa-2BaqM7ONnvsnswouzXBD-2BZnFjiQIbjqBhO66tShsjXPXIPcksxtytsa-2Bm3SLA-3D-3D=
TnPT_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTM=
l2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2z=
aV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTH=
sye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowX=
Z3bbdsGh3kA9-2FRMMYH6w77okjxkpk7Uk2eR8d3GOUme2th-2BYWbTgNI9-2B4M52bOssQdPU9=
DuT3cD-2BBPd1fayKXxNqfy8H0lJT1RhkE4yiuZYmKO-2BNEidBgOKn5zRYgrdAN62lxPDViiyw=
XgD7JQ5PxnIpWu-2FEd8BrNyJ4KNj5VJ3HThcTUljl8bkzSmm4theOT5-2BgGIBhkcftfuwyPYY=
QRWkC8Xfjjp-2FsgRoHh-2BWkvIVJ2dUTtggCxefbaaSr5bLuRMloeLsDXrT7j6DqHYSUakNlWq=
efuNA-2BaOXLEpA99B6o5LY" style=3D"color: #1D5080;" test=3D"" universal=3D"t=
rue">DCVC</a>.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/=
ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZnFji=
QIbjqBhO66tSh1mzcdlDG0xaRJ0LFC0BhcQ-3D-3DfwBc_I3w5d9c01gkD8gLzFEofZR-2Bh6Vw=
arHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3=
jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxb=
vfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoi=
O09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjwFb2uRF=
gicxd3zOgBJjCIcl9op09RDNb-2FbhmMbxsSUmAiqe-2FQR9buftp825AJ-2FOHg9Zo39XnaRbg=
cn4pIXra6-2BAFnp19ch4-2FsQ3uVJhMBOaRPbqG-2BAdX3u49LEcj-2F-2FH9bnwH4tvLa-2Bo=
YFXGqmQuyBHOuueoJ5tMGsPPGI2AiKbTu06iBkS7ASbVZTbDXz3CUk00Zd6jnEYurUsbjIxQPTB=
HRfbGjEUnVKRREGh9C1dSnMdveJtIiBsqEso8K-2BYwoJlY2WG3ZshacNOQC5EvZIp" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Netic</a></b>, a startup =
developing AI tools for plumbers, electricians and roofers, raised a $23 mi=
llion Series B led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZnFjiQIb=
jqBhO66tSh79iuSFI2tLoB1VSYDJ4k-2Bw-3D-3De8IR_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwa=
rHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3j=
Eqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbv=
fzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO=
09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjzu5gm69k=
YuIVU6s8-2BrbNGfF6Cq83vE2gIIS23z3wlQf5u0dn-2FlgLk7-2BOgLehVN-2FpbJNRlN4DjXl=
3giRUt7l5ObsXHHW8HmQgoQ8e0IJlXN75TVTGAXHQFIajZjo4XVfC75vtt9g1-2Bib2mrRpZJco=
v4dYGGiuIemBO5fDuRiMW3K4SVOVN9zNNu43Cy91qTSO4YBfJmIIiWLe8rJ6DyRJiQt73zhJPa9=
lDSEQUgvbMqqzKrEPeLv-2BLZtmk2yDHgqkqY-2FmwaR-2FybrE6GR0K89ITS" style=3D"col=
or: #1D5080;" test=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-2BZnFjiQIbjqBhO66tShLRCfeVQgw-2Fk4BLuy3-2FHNiw-3D-3DLi8H_I3w5d9=
c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j8=
96Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKh=
f-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6=
mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA=
9-2FRMMYH6w77okjyfWgd-2Fx3nsa9dsWK-2FeFRgSJetn-2FmZsqKrUhrQZ-2Ba7d24cCaZ-2F=
MU7QF6OEPEDXg9QMywM5it64kVuwbc-2FO9zjNaPvLNSOaFfjT1PyBz8tPDyUaNDrC2lDZKx3GI=
jmdWmOxKsbLy10O8OxIYz3BlHxs9JnWzeRWlT-2BBBz212EZ6E-2BYoFZVsV99XFjCPNiszUvwm=
3kk7yWYPAA6XVStoY-2BE0H5v9iznimMhjO0l1zyuhuGMFmh4RyYbfoIvPFGKXlsV9WFTDU01DN=
SJm7gB1yokGH" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Lative=
</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.com/u=
ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZn=
FjiQIbjqBhO66tShV8TVcj7Y0qEUiIgU8xWH9A-3D-3D4_SX_I3w5d9c01gkD8gLzFEofZR-2Bh=
6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2Qx=
iA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBm=
Txbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQR=
KoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjw5dy=
qLUbSs9xh4bua8Cwlifsbn9zpvIdvyDYq4usa7NCS2bZjD8J5I4BjWFBfUXNpizF2Lq5ToLj09H=
LP16oDigxciNVtKydBg-2FTOjzLh768KjN5ELczGx2kZNkf5JLfSriFwetowY3LBFcLpox-2Ffi=
O64Jv6S1-2BgwspwxnvFzVwDzrCUxeXWzTEqdADRV1RRaFZ-2B-2FH-2BXQ-2BTtuwkq2XuFf8o=
pWQDBowoC3SO16ppotSL-2BFs7MrqBy6QJ-2FJwpFZqiGUekt6JlYDsIVtw5FHQLB1U" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Act Venture Capital</a> a=
nd <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4=
n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZnFjiQIbjqBhO66tShLKX9Mp195=
UPuf7mF11gBpA-3D-3DAo46_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb=
cbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljz=
QB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2c=
zQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBap=
hF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjwIfG716coF6gc5vq1RargJ3ZbcA7V=
XGPtrIukfyPafJLnimxLknp0CMcfIjnttFguosH0yiZmkiVeat7PtOKgga-2Fby58p5hCKUgcYO=
mMGL5ZY9J1cx-2Bl-2FVAl7cPEh9jkpau72-2B9V9-2BGfOMZSJctGzyChbZtS7Ig9BC8Efw6oi=
kxYnKXRyFDg3Q7iq5K9HZTUjvgOnofLoIr9ZjMnExtRpMwZHZ0NHR-2BNYqA5vWdo2Z-2F2GGEq=
oCYYuPgTa1j5ThasN-2BCF4WdEeIPtX1YH8ghjiN" style=3D"color: #1D5080;" test=3D=
"" universal=3D"true">Senovo VC</a>.<br><br><b><a href=3D"https://url6380.n=
ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7=
ONnvsnswouzXBD-2BZnFjiQIbjqBhO66tShBxrcKZpJiSD2CAbxwmW-2BbQ-3D-3D_ihN_I3w5d=
9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j=
896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMK=
hf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe=
6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3k=
A9-2FRMMYH6w77okjyDlKeaI0Brv-2BPc2wrssOxGD70EMXAMIpfeGqiQQ-2BNq6dw14-2B-2F1=
TdBOs25qcZxXLtrJp4OSaDd-2FKuqZzsMsGkNq-2BDhPGNcFDHENM7yPNgGtMynixVnGG6qtgJ9=
98hqSFRC8CBRxcZyMbdOxwV5PfVZ9ji9PBAu-2BhjOieNDz-2FugVCdiJSxRrotn7ymXivibSdB=
KGdlCIvYyMyhcI-2FVKt3l3cHd0SLU1H2m1nO0JHiFfihM2dD7TRxbP-2FX05l-2Bz-2FjJ9azR=
hGjyHXOnCe4zNHWAMdp" style=3D"color: #1D5080;" test=3D"" universal=3D"true"=
>Lifepowr</a></b>, a Belgium-based virtual power plants developer, received=
 =E2=82=AC5.65 million in growth capital led by <a href=3D"https://url6380.=
news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM=
7ONnvsnswouzXBD-2BZnFjiQIbjqBhO66tShH0uGOJNKVIQAjnK1D7bNKQ-3D-3DDJR3_I3w5d9=
c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j8=
96Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKh=
f-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6=
mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA=
9-2FRMMYH6w77okjzOjhf8xLyLKzH4Uz2uPPTe6lxMpsjY5Kw0Udksvf7YF-2BtHJOXc8BR3Z6N=
k04fUNK3zLR1B0MhapR0GfYIXk2TP-2FL-2FIeb-2Fz9qaUuj5lFqgxUxpjCwr2fnOvA0OtLMCs=
TgRiFJtDf7G0K2yzXOklMBXDtgyWUM52lgehdSi7MAkHQ-2FxPtJZi8iRGfZ3bUYKurrukaTroF=
mTJTTUd-2FgDbT47dPUX-2FE4TLa7xj-2F73j38CQwvgh855o-2F2rdx0PGQ-2FgSukd8NF7hrZ=
mOJ-2FiYMP-2B3hucA" style=3D"color: #1D5080;" test=3D"" universal=3D"true">=
Noshaq</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u=
pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXBD-2BZnFjiQIbjqBhO66=
tShZnRvJ9CIwZ2DpeMSTxwIBg-3D-3DX2cY_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCf=
mzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskX=
Dwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5k=
wgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2B=
o9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjyOXbaIE-2FG-2B67Q=
03EJowUHL7jOpngc7J47HFhIvZmpnpCg7X6hG1-2F-2BbVc2Zf0EpCM1shqVAItxCDy-2BMe0yB=
iQhNSPbhfLCPDBP5WDjNXs-2FsVpEcJ6yzW6hVhP4HE58AjmtkdOgVwPANJp-2F-2B3F-2FBRHL=
N2C5nTPOmoslpJWQQxqkPoTeWGXX4yUUefgqVJx0SSBJHs8RvU-2B-2BeXFRnCrtKyzZb8sjOvO=
7EDYgJldGkjw-2F7u-2FbcUH2Pdy8oqtQX9q-2BoKu115bJqe4frel0DyFZMMPHJ" 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>
                        </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>
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g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
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 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%;">
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                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_574634" id=3D"n_574634" 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%;=
">
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tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
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: 500; font-size: 20px; line-height: 26px;"> Don't miss our upcoming webina=
r </span></td>
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                          <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-top" style=3D"width: 100%; min-width: 100=
%;">
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ing=3D"0" cellspacing=3D"0" lang=3D"x-image">
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ing=3D"0" cellspacing=3D"0" style=3D"float: none;
 ">
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                              <tr>
                              <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-2BZnFjiQIbjqBhO66tShqindT7hWwTQ=
T-2BY3WuMeG5g-3D-3DrjOU_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb=
cbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljz=
QB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2c=
zQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBap=
hF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjyA4T0F4LlB1-2B2N3-2FiEz2Hb7X5=
brtkxgmHTd0OU0BM2WXuMH88-2Fa4VEi3Sj4v0syxqPLZa8f08YGthwd574MPMGIRvaTKTU-2Bn=
j6m6e1udl6fZ3CgBdae1le5AjJLtmFlJ0Hlam6cc-2F-2BBg7zCkXGlqz3ung1ZoX7Foi1VQ04m=
yjMO66cCAcJdu7bnSL2mUK37Tkpxfea05iifRr7eue68zN8yoYZo7imdL-2BwH8TrT41DBhih5w=
yDT9ZjkT6drwevYwuTQBeuIRFacJ-2BKVlTmJst3"> <img align=3D"middle" alt=3D"" s=
rc=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=
O66tShqindT7hWwTQT-2BY3WuMeG5g-3D-3DgAQN_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkx=
BRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-=
2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzyd=
y1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qc=
Fg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjwH3-2FzaPxDg=
ZD4ZcqVjWnNWbGBI4oypcS0Tm6wqyafhfiIDp6012caVCBBpCrslc5tgNgr8cNFv5vwoJAtybeH=
8lKLxTWldo5wqu-2FXwiR8q4kcvDbCpQCVWxDJ1bJThkgpvLLAe7f3ByL83ztKp6IXYJmlKekyh=
5B-2BOPf6-2BzMfUjhu-2FZkLDSwZhKsPGu1p1uQPMO6p7hDeTMoZtl0SoeaLdifsravdMApNhE=
8SD0yOsqHd3U3v4Iz0Oa-2FRZCrYATgUcZAu1oBQtuq0dJ9qT6lDF" style=3D"color: #1D5=
080;" 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=
MmSXtr250i-2Bei82hxYDygxQ-3D-3D8Ozg_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCf=
mzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskX=
Dwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5k=
wgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2B=
o9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjwaJ2Jr4J-2FvImoiV=
yW-2FfU0-2BY9dEShuwFYDcpSUZ-2F3ZCn-2FkhzM-2BFNN-2F13hIikDOOiUQKPUIUvHBnD-2B=
ls1Zg9k1r1SiVPD8aSGFlsjxqe0RyKhv7QGq9pHAa0aCFyOgKwZI9Kzs3AxT6G7h8J3PJtq-2BA=
e1GyebRRJtwo5cUHtitrUptPvw7Tbyklvg43sujBaNg8dxKDd4KmRkfv7SbQoPs2UmimnZUwU-2=
BSEcrPrKC3ipQG7ARp3pdvuOsZfYpJbv7wAFlKi4qepwHJlDzVb-2BsXj3" style=3D"color:=
 #1D5080;" test=3D"" universal=3D"true">OneTrust</a></b>, a privacy and dat=
a security startup last valued at around $4.5 billion in 2023, is exploring=
 a sale 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-2F6hBwUUWvKmapXj53fMvfg5m-2BQ54eVuV0zczikQIQ-3D-=
3DNOfk_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF=
TMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK=
2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZ=
THsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHo=
wXZ3bbdsGh3kA9-2FRMMYH6w77okjx1KiL-2FjZBz-2B7zSl3VRRYEwMwTxI1R7tBEJyP27nOgT=
pxffVWJq6-2BDEwCOksmtga9gvUHlOZp-2FU820MtPVbxpx0aW43gF4sNIeydAgga5wb1xbicao=
WJgmHmCtXickXmk34F5TnfyyFxJeNG6Vphdkm9mJa2vRSGSOx1NRdhnzSgyy3FlTtHPofQ6RXmm=
JrEU5YPVgmWqynhRY6nEKnwubhSBVg-2BIJJJsOyViEXrfD1T8-2FAIwVb8QAyXC4rzcpGGK3fe=
UUh-2FPmPy2O-2FLq5Y3s-2BZ" 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=
MXwU-2Fr2c42-2FqlT8mbmM-2BM-2BQ-3D-3D2Qy-_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHk=
xBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn=
-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzy=
dy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09q=
cFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjxKfCZC98HVB=
F7twFFT59AHXjs-2BdM8IzEeZBhq4bUK720rBi06y8rm2YeBS-2FGGvMUE-2FZkavD9cGwDuykk=
00zNXj0GK-2FJLoKO2qmBrjMDH3FPXNiEuCa3OCY6qUFhhzbEx9OhBWEUERrHZaDErf4flS3c1u=
RctA4mvI6fnz19T0PkrMh2Ha-2F3EV6Blf029ya7Sct7v2COf6gg7DXE2wo2doOwDvdAEfx1L-2=
F1-2BXyTmB39bEfGIEjyg-2FOGzsl6fM9LhSTSa-2BFfxNlYZYv3X18gYTz-2F" style=3D"co=
lor: #1D5080;" test=3D"" universal=3D"true">ECN Capital</a></b> in a C$1.9 =
billion take-private deal.<br><br><a href=3D"https://url6380.news.pitchbook=
.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXn=
V-2F6hBwUUWvKmapXj53fMJuiZd2JiP-2FTE06lorMzV5w-3D-3D7n0W_I3w5d9c01gkD8gLzFE=
ofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1a=
FKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG=
4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbi=
hDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w7=
7okjw9W1wvR8Q-2BM7geIhpNQTap-2Bi4SpbvQI3KaA2Fh67q-2FZb-2FkQHv6t5cKDyNY33pM7=
1OjrmcpIMrMcDL4OUYIX0nEdLw2ENyTW2UYpsTH3wEkNVwnmcvBr4FCv7veMs28kOE69OnPFLOL=
lac-2FfEwhRJIZe-2BLTBDQCyZR8-2FN2Bg0vQyg61aLOeoP0xRx-2F3MmBV5xVNthP6heHLJ0g=
4eFypEir7yayoCWnSuSe5aHykM4ZbfsM4LfFSOieyWlMvXwmP2kRNIMH239ODHjKgWFFNpoJq" =
style=3D"color: #1D5080;" test=3D"" universal=3D"true">Leonard Green &amp; =
Partners</a> is in talks to acquire the recreational golf unit of <b><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnV-2F6hBwUUWvKmapXj53fM4ALm5e64r8-2BzAZnR=
sOtJIA-3D-3DLSIe_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUg=
FVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2Fyy=
A-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx=
-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydC=
BRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjzn-2Bw7XVMkxj25U7-2FZD3uHE15VROV5-2F=
rgnylblnsgfOkiwDqj3Bjl3gRl79LnDJKQecOJbUivM1NevS54LfWzQEW1GjNZodmU9nd6LQf45=
J9TxAcSGfV8ozhvMx48fapbkiB-2BYhn4fUfrJ7gWQ5MY2DK8BlZgeMw3HD2y70Zigz6m4I0eP3=
f-2B2-2F-2BMpYzmfGBHO7U4h-2Fcir0fkt25VJk7BWS-2FGRON3fSlVPOiHUquq135HCowNf5y=
4ggILyNsZpDWuxINiSffPoFYC-2BBF830L6A8" style=3D"color: #1D5080;" test=3D"" =
universal=3D"true">Topgolf Calloway Brands</a></b> in a deal that could val=
ue the business at around $1 billion, The Wall Street Journal reported.<br>=
<br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d=
4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnV-2F6hBwUUWvKmapXj53fMAjWBAa5Z=
JuBQpOS-2BONKkuQ-3D-3DxPDH_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1=
yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852=
ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2B=
n2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHC=
BaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjztOZU1fKFVcjYKs6aBWXKVaV14=
QTdasGTtmu8yjipuoZ8LWtIbOSElsp-2BeA4ZIp6SsYP8omQNgQ6wfJtClS7Ks3PFawt-2FlX3s=
QkWPEH7jRhVrkdNVSdKFrUZLaril5-2B2sP4OBVBWKS1dtwKUCXcydvXpZOdkefhPBwyDaytp1E=
pLyXQnYvqaeAINfH-2Fm-2BWBp3icziAjNDqaHbldAFED-2BMdWrN-2FeDO9YQILD-2Bgi7OrAD=
RQVk6ncefy2lfzpZQjtmvWPExjbcFeGl8kavYiOQKiz" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">RedBird Capital Partners</a>' =C2=A3500 million bi=
d to acquire UK-based newspaper publisher <b><a href=3D"https://url6380.new=
s.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ON=
nvsnswouzXnV-2F6hBwUUWvKmapXj53fMZBwggK4PKrGdzHLooAp6eQ-3D-3Dhg_v_I3w5d9c01=
gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y=
2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2=
FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmW=
eOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2=
FRMMYH6w77okjxRwt5Q0XqULS6PG7HwKP6QIWzLOKCh73qoAYn-2FBRiTHIXsCP3uFFxUrTGMQy=
PsJ2Bz4b63RZMPYz19mftYmydHClodQeEVQUveLUaYFW0HyZmrUvWA-2B6RSak7yzkEOUS1-2B-=
2FpWViQx48uUfU-2Ft-2BAZ9gDTmyHlwnzb0-2F9wa-2FTjapRma-2BrmcQoP6j9-2BhIilkHoL=
aaATIDfqKz7SIyJPtN10QrHJV3hzwdrH3HwrBVD3r0iCc8y-2BWCgZMEASyQSM7NxFVAEx2qugI=
ZD8Gi5wXJGlie" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Teleg=
raph 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=
pXj53fMVw4OPUGINejKYtfQSYXEJw-3D-3D2iDy_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB=
RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2=
BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy=
1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcF=
g-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjzWvG8teMID4ye=
1eDetNgR11IDQNpG8uYIYGsQK5k2JaeiqZUh3zZin9jQT5QM6FyFagl-2FoGJ-2F-2F5H8k74nT=
Bsnq90QHDd3BAPptmwFzcRBsJNmH8EOPmJJ8hRdWaJqmMDQ5Tjir202-2BZQSe0g5ugDGjZQ62i=
FDKrLKyFiZZ0KjhM3rRb8mX5e2COMr57QWnhxS3-2BFj1vegLH2yFs1snYkSpF0sozuSlFjwLHa=
Tfm8mjsMNdz4HIOJc0cKlJubmzjuBYhzMcG8oPgVPyK6g95htO" style=3D"color: #1D5080=
;" test=3D"" universal=3D"true">PPHE Hotel Group</a></b>, an Amsterdam-base=
d 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-=
2F6hBwUUWvKmapXj53fME40UFbEE8c-2FWAuDljD0ySA-3D-3D_jxq_I3w5d9c01gkD8gLzFEof=
ZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFK=
wuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E=
1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihD=
tN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77o=
kjwnpmYA-2FWnOxmTYXmDou6NbRe0VhRFpYA-2FoOe5iSx4IEAT63GVKQGoUpvVCLlMO8l-2BKf=
v78legk3WO842hKrhQbDLWP1mmG-2FbhZ1uBmd5xJnaONXvpPtW-2BvlSEocxYNGzkxc6XKnO2P=
H2qpmD5E6ltUMYT6FText-2FkijLDdzMXHposz3WUvKIl3LKuFm3cBmXP9B9eo0Gbg9WvGCDLzR=
gSPRjm9X0p2OQ6txW6U61jvIntkQrYh0jXOpPR8IEnbaCS1lHxU3h2rDpENFxClt71K" univer=
sal=3D"true">Onex</a> is planning a sale of educational software provider <=
b><a test style=3D"color: #1D5080;" href=3D"https://url6380.news.pitchbook.=
com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnV=
-2F6hBwUUWvKmapXj53fM8posiMRtpC-2BPYZ1uItX-2Bgg-3D-3DOqf8_I3w5d9c01gkD8gLzF=
EofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1=
aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCO=
G4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSb=
ihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w=
77okjyDMm6oL4M7xq3cJKze6LI0RnR7Nu5hb6dXXSe7nXTNILBLdZDsqcW-2BNN5BTfyYVMnoQr=
AuH22MuSecx-2FWfHvc2ilb04hc7habsAqqFSjdcg5877S6EOJvyYh0hIN6rI6D7tYtZzsAcmDL=
dIXLWR2ZlArPJs2ts6-2F4jSio8bLQ4AadQma2v32Xk0iYQ1-2FgVYBMM1wunFTTsZpa9bejl9B=
CyOLAMhmbHfID1p7Wv1eTODexYETQZ917FlRYTNODLRL6Zm95bCPItBuOyYJDFV5p0" univers=
al=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;" hr=
ef=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4C=
uylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4FRoH6z9W6DyiMtdkc3-=
2Bbxg-3D-3DlbwI_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF=
Va0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA=
-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-=
2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCB=
RG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjzZBoqrBOV3XL7Pa-2F2hPypua5PAvFnCb6vB1=
wiJrE-2B36MT5jkJOSXrV-2FkvLsxvY5NrZyiZNWdQ32c-2Brr-2FuxgTxoDpiHZKQmqXrVfLc-=
2BcfBzpidcE86gHJeB-2F0aV8uGXhnKGomR4suIbBOMg2Q8iBnfElh8bCau0aVvOWvhhwRR7GaB=
IYPf9vLhGpIt5mhZFu3-2BTea17gOn-2FxExc2AzsBGyVQnBSP61hhFWtWrhhSAwT3Vsdhhtxb5=
9v0H7MnxW5TAFT5iTRDdKNOL3rXv7xqa7W" 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=
/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIo=
WbJIk9bqDEROKSy4XCQn1Fq6tFZqwB06hna55Q-3D-3DR8f8_I3w5d9c01gkD8gLzFEofZR-2Bh=
6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2Qx=
iA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBm=
Txbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQR=
KoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjy0Jq=
NDPyQbwhn-2BudM-2BKdgTjm65OZkSsa7oYLbkjfAx50jrsd5PYVGDgpjVP3R7s3sTVpMV4762E=
19s-2BCZmViGVUT6ywfuC2KVjXPDO-2FcY0lpuqIxPJcaCa3CbX4krYOmRbDZKYIg37neGeRxQW=
RlGNd-2FpFHsOnlHnt3m7IzQvlag-2BDB3-2BHYYFJTWnepxjsA5f2OFkJux3VCRaN0Uv1L35ZW=
-2FFYGTmJO2L62z5rXYbrWilhX9sqBjvC4TncckllFpVC8LLi2KPZCWuek7PwohbP" universa=
l=3D"true">Janney Montgomery Scott</a></b> to investment bank <a test style=
=3D"color: #1D5080;" href=3D"https://url6380.news.pitchbook.com/uni/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDERO=
KSy4Ja4udFcVg86Cu5S-2B0284WA-3D-3DLIj__I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBR=
FCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2B=
skXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1=
K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg=
-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjzFGT-2Bfvmssfw=
HY7ujDKYQNOpDDD1JT7zIiB0NoBdohfsmOmsECMW1ZBnmJ9VEajLVAjUyuPcHJHlgRwaZZ-2Fmy=
Aj-2F2zzegozC7jZtU46HBfYTHIEOPA2U1mGuwe0bDQeU4PnwvCQ-2BKHGU7pHICjyc7bh8SilC=
dBT6ixtJxjvKgEBI3UOTWiCKjPc0jtc7RTAOsJYOTKypTHOU-2Bj4pK7m3YTVRzspAI45HPaiOm=
j-2FFGpoDTBSAr4LbrfOEb8mFsiCCJ-2FB-2BxUEMqLawerPCMGxDV-2F" universal=3D"tru=
e">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-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4UiWx5STH082=
SoBhhWJ4u-2BQ-3D-3D-ADS_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb=
cbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljz=
QB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2c=
zQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBap=
hF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjzYEnRlTBXGB-2BSemDgt4kUNqjC1R=
wxwu9TclwGitiKGebzW2DY5Nwp6g4rHl3eeoLDcUHY5KGNCnbwAeHr6BAU2-2FeT1294B-2FCAA=
zRbJWeLqVYYfaloVQBMLq8y2rRFQkIGmsbAnMIX1wmFnoi0OtzRv42jHGAaLKryTfOf3vdKPJ26=
9-2BepyH0SN7iv-2FnbZJytUx6xjr58QOBivmLVTcNY25Doe86ePk284OyoZSnnbPP4HHQw7lUO=
EjEgtJQqhHSFOb-2F298Y5l941uxcwlKIVT-2B" universal=3D"true">Doti</a></b>, an=
 enterprise search startup backed by <a test style=3D"color: #1D5080;" href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4WY3Izp3y9VTL-2BnCS8LU=
6Bg-3D-3D2yDc_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa=
0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2=
BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2F=
jxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG=
3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjzUXFQ-2B-2FnBFdSET784qrGxEoRLmXmpppicNL=
znyeFJpbvEdNMjvunTSBeqO8yPf7tkQ3B6p5tQv4nWgSCjbUA-2BgzR7ycB5XpJNfRxjfFQ2XeO=
8g0nJ0sYWylpFwHKOA6CZzrcKaA7Fhmjpz-2FC6Kfmeg-2F-2FSXAjonZ0Rskx7tJuKuBYBmhmG=
RLdSPDQiFC2EZnQ1zyTV8au1ltk7LitbKO1h5Eie-2Fl2XfDvA81iQbm3JELi0SLW0Jpnze2kKK=
62tlPsr5-2F-2FIa1hTuIONkaq9LKHDf" universal=3D"true">F2 Venture Capital</a>=
, agreed to be acquired by <a test style=3D"color: #1D5080;" href=3D"https:=
//url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4zN6kS9Wn5SXx7xqSZvSqIQ-3D-3DBtL=
0_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2R=
IaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV3=
0gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye=
-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3b=
bdsGh3kA9-2FRMMYH6w77okjwQB5VzZiLZ75CFpze32Hebi71VqRDwyW-2Ba7kaaCORNbH3yzHm=
tfvhszy58ayQv30HY4QwtaoklF8J2yVw4lBrexNvj-2Bd3k4K9YYtxBrS3vjX3dXb8FlQaefthg=
KSbeX8UubaQwFUYtynrgUA14aTIfWjy-2Bli88-2FEfjJP65Jbf9qPQIAq13tASft0PWh3vMHVH=
PCftGXs8ygTssoBD-2BZhA-2Bo0NKPBdcvHVFdYG-2FujV-2Fmzwt2R0SKOeRXMeALZeXCkuKot=
buVifAwcCWiLpu2amt" universal=3D"true">Salesforce</a>. <br><br><a test styl=
e=3D"color: #1D5080;" href=3D"https://url6380.news.pitchbook.com/uni/ls/cli=
ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDER=
OKSy4AXA6iLgDkiD9FlJLh5MSRw-3D-3DDPkC_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRF=
Cfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2Bs=
kXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K=
5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-=
2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjwxVvIk2JUKfdto8=
cuO6Lf-2FEGYcJk9aF89TJH28ugTjhzLy8wp9w1S-2FMQ9nwRWy96oX3RaeCXUBa13rxtXupPTg=
6xc7EOioL6G12piCRS-2BkKIMCDNaqlRt2CNtGhvqjFxmDgvZfJOCLaD-2FHCPh4RhsYlHPoyoa=
op6Bzrf3WWSSNhAqvcCFSabSBDesgOQOohlGom00arxd-2FuSPQYIqcmsMj4f7rCp9TidTT1B2v=
rFh2MRmsvxFyFjQAmuCLv7Giv4Un42k-2FqMUg3ylLM3NFHFO1" universal=3D"true">Khos=
la Ventures</a>-backed <b><a test style=3D"color: #1D5080;" href=3D"https:/=
/url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6=
GFa-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy476-2F-2FANmKVKMOs5-2BX991jmA-3D-=
3DGiGX_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF=
TMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK=
2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZ=
THsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHo=
wXZ3bbdsGh3kA9-2FRMMYH6w77okjym-2BItqmcZ6itnN7JtG-2BNSgeng1F6fCp9rFlZvpPYnx=
Wc2EArmDaQtduVAttOCFtiy56znFJ-2BcklDpZeK0RVeD-2FtemwZvl1SobTSfmjoK-2BSirsdX=
P7Y8Fqabwl2KsOflbXTY4hTxjNrp72uTcISzeqHbltnZFHN84lTo1eefo9XYNFnFNNrcYrkS34s=
ZnC3YAqGYbI51-2FCO2KRJJg06MOOqwIrxqLRvJIE-2BtWmbUM0dIW0U-2B6sa1PcjFOkdGr944=
rr3YV74nqTSatCBDJC7YMTn" universal=3D"true">Teamshares</a></b>, which opera=
tes a platform for acquisitions and employee ownership, agreed to go public=
 via a SPAC called <a test style=3D"color: #1D5080;" href=3D"https://url638=
0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba=
qM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4dtQzOlbNkDxwZb00igYfKg-3D-3DzYWC_I3w5d9=
c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j8=
96Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKh=
f-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6=
mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA=
9-2FRMMYH6w77okjxQVxs6Ra6Lpp4Q8n9qFBUydtTllixwLaznpSohGp0WOk9PAQMueYur9KoZW=
e-2FwaQAyx1lIU-2FLWInHP5i6h4cjzOvuhZbaFlRie7O87xshk3nz6JVaL6xwTdI7kssfevp-2=
BZAyVjmEOQjIMqXwAmPQ5AFXQUS-2BbzdvImNg3ntJx1lZqXqPT3QCUjwcpLvhB1U4had-2BV4P=
Yizg6Fp3Yhb0n0-2Bfz0DXUP5hFR08Fi0klE2Fij3LUcTvJ6wFl-2FLfVIebj1uKxL7avKnX18D=
dvqVEUty" 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-2BaqM7ONnvsnswouzXUeVIoWbJIk9bqDEROKSy4n8XD4CZeO1T9tDKO-=
2FUBvXg-3D-3Dv3ZH_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeU=
gFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2Fy=
yA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvv=
x-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81yd=
CBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjxGR91R8tRhnvgtW14XWr-2BC8DBkHr70qU9=
kLr3DZR1c-2FOis-2FbvQOxI5jnmngyx8GuEuNHTHh7nNlJTzS3QjdFW292v8pWfauFaNYHHFva=
jmS2C9MXg6b-2B9ZsIzki52usJvYjoKsdYpn8RuiBp04-2BoAWGzRGoIaVTm7p9FIL5LDLZpdCi=
pIs0CQt8GznBqjtusOH0NFTN-2B-2FtarJnUq-2FT02ThREaFi9TeNAbYxTukZVIMk-2BcLapjj=
B6zJzCYE0XGRDtcc1vaivnkhL0h9is0PclCG" style=3D"color: #1D5080;" test=3D"" u=
niversal=3D"true">Diameter Capital Partners</a></b> closed its third disloc=
ation fund 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=
aqM7ONnvsnswouzWJNhPndVBpvvWka7niyh67FuqazxlRcYa0vZssollTIA-3D-3DPTO1_I3w5d=
9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j=
896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMK=
hf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe=
6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3k=
A9-2FRMMYH6w77okjzTTVhrcbD7Lbo7nr8WuDQahtJcadEz5MhGKwa02xRsD9oZ1xJb2A-2BXyn=
zoplfw5ECY7QlegqzhpEua3MIHJhJYBLBcEDeg2Lb3QLF5dX9QapTaHXvMqzemuoea5wJQr7LsC=
mrpc7t79pJX1iyQCJV3EuEmWbNCx24UVQoOpanH2OfYnYFf4K2nB0B7qyCcz7uEgGec5tfRfyfJ=
nzmxOho2PuagfNQwby-2FzbjiljzjR0sxoXCbGAQdIQLmYBETV4W8y3ilM-2BilwZ6g7kHeJeYp=
B" 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 Informati=
on reported.<br><br>
                               London-based VC firm <b><a href=3D"https://u=
rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF=
a-2BaqM7ONnvsnswouzWJNhPndVBpvvWka7niyh673OGxH-2FhS61tQL-2FllVJfcIw-3D-3Djy=
gs_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2=
RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV=
30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsy=
e-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3=
bbdsGh3kA9-2FRMMYH6w77okjxVT2U2qS0sbzNDirt3epwwimRunw4sCcHVBD7swlCxC-2BHEkb=
Cv7qe7MSdmCjTnTBxmrnT1ZVBdeU5-2B6dgMGN8La3qCrKHIsh60lepW2fFRBbjGosHG5A1QMJ-=
2B0rXVM097eIMiHz6Jp0B-2ByrR2PZzHrmhUgNzQH0pZV2CnT0fs5IWA17ILPv2QseVeYaYk0iu=
NKMQ6TpCwAvuf47L6677-2B20jnAMdFkd-2BeghXTKnvX-2BpK3M56GA02B-2Bfcr0ULgveADRU=
N7UMlTTLiGuM6UyRRJJ" 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=
uzWJNhPndVBpvvWka7niyh67AWduKVscPEKfbVrwHagXiw-3D-3DHHHV_I3w5d9c01gkD8gLzFE=
ofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1a=
FKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG=
4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbi=
hDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w7=
7okjxfBmn5kLMf6fVOOpByX3sxv0k1VSGFRfY0fX9jBCnJEqbNh068IvKpdIQzpltQEBGlSR3Gx=
oOMJOiLtqShlHUV-2FrST2TZvBFCHDsdNFewYF8Qy7pv459lHqc9rZXaAK-2FsXRao8lPfFVZK-=
2Bg2QOCIeyzlGWL88Zfnr0wazyIVZ-2F0mE3uxtJCR-2BoN5WjiaJeb-2FXw83Tko9vBUQR3EHa=
xzffnqP-2BjaR-2FNcGL-2F2Hb2ynMbvcQ19w4pmvoamUnOO-2B9HQpaWIkdeCsSMoxglaNRBbQ=
JG" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Eurazeo</a> CEO =
<a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73=
BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWJNhPndVBpvvWka7niyh675kyfPmUGgLYlXA=
BhzPFp1w-3D-3Dn2XN_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWe=
UgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2F=
yyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabv=
vx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81y=
dCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjxZIs-2BT-2BhuAWVSny4zeuKzAOP-2B0W-=
2FqLSCnldDymtCXE-2FLch8tMpdxh2SpvI4YLcD6c1IR8b4rtG-2FJze8ihsAwZgPD-2Fhu-2F2=
wBQk-2FZkOYWhxNSmnq3LB-2BZaACJz-2Bw6kBIMOyH4qy2-2FuzSUdARGnwc3r745MLfPLwdj-=
2BarzJHwREJIi3rarwlamKTPpPPTB7FZDg81Od5MKALn2NDJ9r4Jw4YxsvSQVnfxDdlQWUC6E0M=
pfstM9cB01XbO-2BxL3OME0-2BQ-2F3m6AsDHae6y4JV6y2OP6p" style=3D"color: #1D508=
0;" test=3D"" universal=3D"true">Virginie Morgon</a>'s PE firm <b><a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWJNhPndVBpvvWka7niyh67j7Njui6GntrpCo2ra4CUV=
g-3D-3Drsym_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m=
8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2BP=
bPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2Fjx=
TypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3x=
dguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjy1ersQ-2BVeJ5Q1Tki-2BAerarqyGo-2BPwfg6Bo0=
qhHW028xmg3uJEnHWpkcHWxBqbOIeWkbhW6PgNoS6Tqt549jx8apmzgFTtqFISY7KGvGUT6N0-2=
FUlHrCcfbqcUr22-2FkxJ7PzNe0s6bbjOJDow5NNY-2FUTPEBybJxYUL2DWVt6L3ZGuJ2SimCgE=
6j991oC1AXicmdEQuPsVlQ-2B5KF5d5QMASoHMlV3MsTx-2B0YBW1tC8WFDT6uUt7jNsaSQF6QK=
ziZRaSpw-2FmQnSzFnP-2BKx9H0At3wn" style=3D"color: #1D5080;" test=3D"" unive=
rsal=3D"true">Ardabelle Capital</a></b> has raised =E2=82=AC250 million for=
 its inaugural fund, Bloomberg reported.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>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-2BaqM7ONnvsnswouzWJNhPndVBpvvWka7niyh67NXrqGFQvKdu5-=
2FDvqsomMoQ-3D-3D6sC9_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb=
dWeUgFVa0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB=
-2FyyA-2BPbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQ=
abvvx-2FjxTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF=
81ydCBRG3xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjwRz0HqKSEubiLc-2BaOHHSa03Kh5WaB=
EHdsa6tNgVVsVcAvp97xYrY8iCn454qvweYBVetN4xvIqx0XH-2FbYFqp4TE3P0xBBNJw1lIeIm=
jmOhIv3g36qQcgRsttsZU1WFe8NAPQP0LxhAbc49SkDQC-2Bhwom6oxnvzbf3wHlO8C6rE2eQXQ=
8ynslfTbhjfALbnk7-2Big7WzCjqiOuK-2FWpVIJ-2B9B1C6eBjwlpoj3K1ljEwAtRtCO7IE2XF=
5yWzdtY12d86YwYoxZrnaGpRExo1MYtF-2BG" style=3D"color: #1D5080;" test=3D"" u=
niversal=3D"true">Ontario Teachers' Pension Plan</a></b> will disband its A=
sia 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-2BaqM7ONnvsnswouzWJNhPndVBpvvWka7niyh67SuEsd7Xd879LSl6FPx4R=
tg-3D-3DvBeT_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0=
m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2B=
PbPhmK2zaV30gmvbMKhf-2FlZVEBCOG4E1r5mBmTxbvfzydy1K5kwgg551-2Bn2czQabvvx-2Fj=
xTypsZTHsye-2BlJxe6mmWeOhBXSSbihDtN5lQRKoiO09qcFg-2Bo9pY0SJHCBaphF81ydCBRG3=
xdguHowXZ3bbdsGh3kA9-2FRMMYH6w77okjy2lOccEwF-2FGoRv5qFV6yhvjmpjH758353tJeYc=
c-2F9MpBCkGd4Nai8ysdLAuUMuGKxDfo0km2DqVEkbD-2F7h6K9BYHlodJSif7597NjTw5CQIs0=
AQnrOnEOQ3N6CvVzVolZK0NCnXs9lW85UdKBk2kZsYt7VaxgK9UB61De3opa6u8cpmLIiBZlZ5c=
WD9Qor93zh2agn1s-2F8dkeexodGRw2iBsv1SMob9RO9kzm5fuZ-2Bb4-2Fp-2BGTOlL-2BbDrf=
vRRhAA55L0gj9crJbDCuK1IvoQVsE" 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-2BaqM7ONnvsnswouzWJNhPndVBpvvWka7niyh67KLeWKplo-2BTwbCD0eubE=
qLw-3D-3D9uWm_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa=
0m8PzsFTMl2RIaUVO4j896Y2YqX-2F1aFKwuA2QxiA3jEqn-2BskXDwt3wv852ljzQB-2FyyA-2=
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S56vLAdQzvO8Ez-2F4XkJDb-2BmfFS" style=3D"color: #1D5080;" test=3D"" univers=
al=3D"true">Cidara Therapeutics</a></b>, which manufactures flu medicines a=
nd other immunotherapeutics, for about $9.2 billion.</td>
                              </tr>
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