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} .desktop-only { display: none !important; mso-hide: all !important; } .container { width: 100% !important; min-width: 280px; } .content { padding: 0 5px; } .walkthrough-image { width: 100% !important; } .performer-title, .performer-content{ font-size: 6px !important; } .header-msg { font-size: 9px !important; } .pre-header { padding: 10px 20px !important; text-align: left !important; } .side-bar { display: none !important; width: 0 !important; max-width: 0 !important; height: 0 !important; max-height: 0 !important; opacity: 0 !important; } .line-breaker { display: block !important; } .responsive-img { width: 100% !important; } } </style> </head> <body style=3D"margin: 0 !important; padding: 0 !important;"> =20 <table lang=3D"x-pre-header" class=3D"pre-header" cellspacing=3D"0" cellp= adding=3D"0" border=3D"0" align=3D"center"> <tbody> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, sans-seri= f; font-size: 14px; color: #78766f; -webkit-text-size-adjust: none;"><span = style=3D"color: #78766f; font-size: 1px; display: none !important;"> Wall S= treet's secondaries spree; real asset returns weather stress best; agtech f= unding favors animals, robots </span></td> </tr> </tbody> </table>=20 <style> @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 800; src: local('Roboto ExtraBold'), url('https://fonts.pitchbook.com/ne= wsletter/Roboto-ExtraBold.ttf') format('truetype'); } @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 400; src: local('Roboto Regular'), url('https://fonts.pitchbook.com/news= letter/Roboto-Regular.ttf') format('truetype'); } @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 300; src: local('Roboto Light'), url('https://fonts.pitchbook.com/newsle= tter/Roboto-Light.ttf') format('truetype'); } @font-face { font-family: 'Roboto Serif'; font-style: normal; font-weight: 500; src: local('Roboto Serif Medium'), url('https://fonts.pitchbook.com= /newsletter/RobotoSerif-Medium.ttf') format('truetype'); } td ul { padding-left: 1.8em; } td li { position: relative; margin-bottom: 0.5em; } </style> <table lang=3D"x-main-wrap" width=3D"100%" cellpadding=3D"0" cellspacing= =3D"0" border=3D"0" style=3D"min-width: 100%; background-color: #F0EBDE; fo= nt-family: Roboto, Arial, sans-serif;"> <tbody> <tr> <td align=3D"center"><!--[if (gte mso 9)|(IE)]> <table lang=3D"x-main-container" width=3D620" cellpadding=3D"0"= cellspacing=3D"0" border=3D"0" align=3D"center"> <tr> <td> <![endif]-->=20 <table lang=3D"x-main-container" class=3D"container" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"max-width: 620px;"= > =20 <tbody> <tr> <td class=3D"content" width=3D"100%" style=3D"min-width: 100%; pad= ding-left:5px; padding-right:5px;"> <table lang=3D"x-header" class=3D"container" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> =20 <tbody> <tr> <td> <table lang=3D"x-header-subscription" style=3D"min-width: 100= %; text-align: left;" cellspacing=3D"0" cellpadding=3D"0" align=3D"center" = width=3D"100%"> <tbody> <tr> <td class=3D"header-msg" style=3D"padding-top: 20px; paddi= ng-bottom: 28px; font-family: Roboto, Arial, sans-serif; fon= t-size: 11px; -webkit-text-size-adjust: 70%; text-size-ad= just:70%; -ms-text-size-adjust: 70%; text-align: center;">November 25, 2025= | <a href=3D"https://url6380.news.pitchbook.c= om/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVwTkoWtN= Vu89AukeeZupCNdSuGq2uCza9eqZSWOk4oTg-3D-3DW8tB_Pr966knuaHmaw6c7pKvB-2BCEiDn= j5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIs= itB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4R= uR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQ= ZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlK5hLhCAM= SkILgQOc0-2Bfl78AkRjouf46eLeNTDbMnA7Q13Jpyr36qFpxAWU1COLH174TJk9qzEY8503zBo= zXVm1fKt4gNxtnyofE0tgJrCuGnGEun8-2BATdi-2BHU1vp53ZH7PC5WW7owo-2Fr8u9Eap8GkT= MisxLXTn-2BNTQEh-2FSEowXPzLiB9aMZ5ZfOYjWJVdHftJDFYtlGlcxcM9AdRreSA9EkNwm0p5= MVQpLc4-2B4mop5r5jQsomExfTpLV4obWT-2Fb6ELE95FlaZ44hiQsfdQ2c9E" target=3D"_b= lank" style=3D"text-decoration: underline; color: #1D5080">Read online</a> = | <a href=3D"https://url6380.news.pitchbook.co= m/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrYCQ-2F7Wx1VdE7sYl12opJBSgX8wjgWQ= kjpY2yE70mtuFtQh5JMynEp-2F-2B0ZsygXiW0c8xb0JNNkFtjTfdSBLrG5odLYHQXzZYap3xyj= o613CQL5EKIRNY6DZpApxW-2FtnBQ7rUuqNohbArjpNQasEdfyU-3Dd4zL_Pr966knuaHmaw6c7= pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0= cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3= fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZe= izS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtA= UfYlIlbobN8KZJ9iUO-2BuyvObMBZM5oOGU7urXbkB94-2BU-2FzYSMNYiX-2BSxA0YZsuqRtfC= w25dTDrhEmoNlN-2FubGVyHn-2FwlObdGIibri00O0DnFWSfjGfRMeT-2BpyRig6pTKheCyJjQy= -2FDfSF8JzQ2k8lwgtism0Jo7YTQadv89fwVHi7V9YOhCiMDJwf6Siu1WghVX4sX7YSU9wdEWMp= -2BPp-2B9a7beOS9WA-2FB5pjpTQnIodgGsFlMo6gvQMJ76XzqglnsX39A6rT4O9t0JTKsaroxt= eCsg" target=3D"_blank" style=3D"text-decoration: underline; color: #1D5080= ">Manage your subscription</a></td> </tr> </tbody> </table></td> </tr> =20 <tr> <td style=3D"padding-bottom: 14px; text-align: center;"><a hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzVwTkoWtNVu89AukeeZupCNrn3sHviJESbO-2FlDpRyfjOw= -3D-3DliCK_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA6= 8NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jb= Jwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5a= ozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-= 2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlIpjjT-2BLui0hJmx3vpeRI28jDp0afaq5uk4yWys-2B9= tlHMYzvgwhRtbJ6WtDL2XryvpaInIf0P-2BI0Nv2Mw3GaV4I8RjzDUOwIqAJpGNlPGLCFxVv07E= iXhBMdAKDHHW2OeHafdHOfCpm2l-2BSyhLhDnZwTeNsfk7SrlzcNn-2B5RCwOlcCDC-2Fkk8vgr= dAbvu7Bp26NmdxqnpzTEegdLQGdExAbkcwFvR-2FXq5118J46eltljvtyEFfW-2FOZQDAcnLws0= zTuIqTgMgGYgZBbBFjxxZ0WA6" target=3D"_blank"> <img width=3D'1' height=3D'1'= opacity: 0; style=3D'display:none !important; mso-hide: all;' src=3D'https= ://my.pitchbook.com/ms/pixel?userId=3D3DUK23EBU6P5WAW&eventSource=3D3DZQDXJ= Q6VUBAECQE7XY5D5PSLQI&emailId=3D3DHXFBLZI33YYDU&emailName=3D3D6H3WX3QH7CXEM= MMBQSMFL245ZG625LDUYNYOD6M6QHVPV46EGQLU2DKV43QYFSZS&pixelPosition=3D3DUAZEV= U3EPI6EYRHRSC2KEHCFHGQ6ZMZBKVWWKQA.gif'/><img src=3D"https://url6380.news.p= itchbook.com/wf/open?upn=3Du001.3gwe9GsF-2BTAFq5zC5EhFQ2a8abB1qTlMwYRLNzMol= GjSmCPqRZuyzb5tQBOnSwcKCMrpSH4gAug-2B7EMEpwEEEbsybhZ1UE6AL02Kc3o5V-2FYqhMkW= 5APuyIQnvrb9csQvjTFTWSp31r91uA4m4rb2Rx2EX2RcaDb2Zue78Hhg-2BZ-2Bj7ngtmlwMQ9V= qfn5RP2ZxCMkNVUUYQwqlmUA2mvd-2BpVr30S2XQhgv2aBP4WIO-2F-2FwPdn7rs8IpLwViTPPo= KLJjDgY7u0o85bxVn5-2FuYNGjPX3h1vkk3YseAVRril-2BOK6J-2FPXNHciGfPW3AlXpOKNvr3= HJUZAjAYe5ikEeLuWW-2FI-2F3Jmzxmc8ZKTHrY7cUs1iX-2FHJey3pq4OUZhtZHV8EI9r6o8vv= Myq9M0bbqzZss8KxYFF03HUCBaHS1yCLD7qE7MJ5BlHH86eVnIUmHLzJj17R14Y9TUnb8Q6A-2B= GXXJAuKAWG79-2F-2Be6MfUzLOTaiQW4d4VFBWEcfOhipvxEa503mVLjrP-2B1syro6zTx4qLOk= aKG0jhJPjGsXX32VjLEmlV8BFVr2tvgfO6o0sW0rLK1e" alt=3D"" width=3D"1" height= =3D"1" border=3D"0" style=3D"height:1px !important;width:1px !important;bor= der-width:0 !important;margin-top:0 !important;margin-bottom:0 !important;m= argin-right:0 !important;margin-left:0 !important;padding-top:0 !important;= padding-bottom:0 !important;padding-right:0 !important;padding-left:0 !impo= rtant;"/><img width=3D"141" height=3D"39" src=3D"https://fonts.pitchbook.co= m/newsletter/pitchbook_morningstar_logo.png" alt=3D"PitchBook"> </a></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto Serif, Ge= orgia, serif; font-size: 44px; font-weight: 500"><span>The Daily Pitch</spa= n></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 24px; font-weight: 300; padding-top: 9px;"><span>PE, = VC and M&A</span></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 14px; padding-top: 11px;"><span>Your edge on global p= rivate capital markets</span></td> </tr> <tr> <td height=3D"38" style=3D"padding: 0; line-height: 38px;">&nb= sp;</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-content" cellpadding=3D"0" cellspacing=3D"0" bor= der=3D"0" width=3D"100%" style=3D"min-width: 100%!important; width: 100%!im= portant;"> <tbody> <tr> =20 <td class=3D"content" width=3D"460" valign=3D"top" style=3D"ma= x-width: 460px; padding-left:5px; padding-right:5px;"> <table lang=3D"x-main-content" width=3D"100%" cellpadding=3D"= 0" cellspacing=3D"0" border=3D"0" align=3D"left" style=3D"min-width: 100%;"= > <tbody> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; 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min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i><b>= <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4= Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiagFPcx0C9aXtIugQs6X= nxlQ-3D-3DKqzw_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8= UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiH= l6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2= Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8= u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlIZmBhBISbiPg3r8f6NG15AA5tBTOUogAlkjli6Eg= ehNNceVfpdHmTiDm0VbWs4zCKGHpDLBggztEdhdUpHclcMKVHzPuWnaQXMPncBOz985Ww0Z2OhR= 2z-2BatpgFncmxvlKOi21jVQWHfeVUh88ZFX1GoraShLaTJI44uUxzVB54OEhN8c8r8aIoq4-2F= X9v2nuTrZOZhc4p4kKl4K5ahsqUyi2jLJZK9HNhsK3ji7P1m3WXvkXkDDCEBLe9VKUFI7EF4mcb= 2A2AEfDtoUVTbNtFj" style=3D"color: #1D5080;" test=3D"">Sign up for The Cred= it Pitch</a></b> for weekly news and analysis of the US leveraged loan and = private credit markets.</i></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_574978" id=3D"n_574978" 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;"> Just 4 deals made up nearly ha= lf of AI VC funding in Q3 </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>By = Jacob Robbins, Technology Reporter</i><br><br> Just four of the 1,086 VC deals recorded for= AI startups in Q3=E2=80=94funding rounds for xAI, Anthropic, Nscale and Mi= stral=E2=80=94accounted for nearly half of the quarter=E2=80=99s total deal= value, according to our latest <a href=3D"https://url6380.news.pitchbook.c= om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcB= TiPF3Cs8U6zhaMYAia5HSXJQs2qe-2Fy3k-2FjHmof7A-3D-3DfmaS_Pr966knuaHmaw6c7pKvB= -2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPk= MD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5K= hA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS0= 75Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYl= IiHJeIZLu4gMQDjCC1SMoMjvg6-2BFzg5sci8gxcmW9vvP5KByrivdJWNJWFY-2FNALuOFIq7tV= fbMbt-2BWchjn64leoAh0QHlKBaTd4cAzBEwIH4idLZSQbnG-2FIrdo3EBTke3Gs7cpn886ZuVS= x0QmXhIikRc2GCpbshcC-2BMseVxgtaSh-2FftEDZca79edvmbTLNINQCNLxud5g82VpTZRg1lK= a51ge-2FqQHmho3bJtHsdyMhtpjBCcCGzBZVV00naR5qZj8zZm4ImCHkt9v-2FMNeFJuU" styl= e=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Emerging Tech Researc= h</b></a>.<br><br> As fears over a potential AI bubble fester, = VCs are backing fewer companies=E2=80=94but investing heavily into that sel= ect group.</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-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiaDeaDpouyZ= Phl0Z-2BeDTmrOQ-3D-3Dh-AC_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ= VI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-= 2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-= 2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd= 0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlIsOu1uFFrqzYORWdQPDlC-2Bjx0EU= 2Ml3ydYvu6WU6iggpmDw5L-2F50Crq7AUKUDtGTc575PP3G6wc8idOGT0aKhI18WMahhnXKFOK5= hgDn2tyVqh8w9VFHvR31pPoj0jon9YiLElmKE4PawKonghBm8TEVPIAsH-2FiFQMOtoW0DA7o4o= SGp4JoHAfRwoOu4EQAx2KX-2FIEWVP0Wh57epyt7UMV-2Fae9RMLIaJdpUKPuUCoX7W9P-2B-2F= UwqirEfEm5leNiExDJzCm0-2BV7moEcgxuryUTsU" universal=3D"true"> <img align=3D= "center" alt=3D"" src=3D"https://img.pitchbook.com/news/71545.png" style=3D= "border: none; max-width: 420px;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Invest= ors are continuing to pour capital into startups developing large language = models because nearly every AI application will be built on top of them, ac= cording to Dimitri Zabelin, a senior AI analyst and author of the report.<b= r><br> This segment, unlike companies developing ap= plications that use AI, or vertical applications, has attracted the most ca= pital by far.<br><br> "You could say, we don't know who the winner= s are going to be yet at the vertical application layer," he said. "You're = fairly certain, though, it's going to be built on these foundational models= ."<br><br> Anthropic, xAI and Mistral all develop LLMs.= In July, Elon Musk's xAI raised $10 billion in debt and equity from Morgan= Stanley. September saw Anthropic raise $13 billion from Lightspeed, Iconiq= Capital and others, while Mistral raised =E2=82=AC1.7 billion ($1.96 billi= on) from investors including Index Ventures and Andreessen Horowitz.<br><br= > But then there's Nscale, which raised $1.1 b= illion in September from investors like Point72 and G Squared. The company = is a GPU cloud startup similar to CoreWeave, which rents out remote access = to Nvidia GPUs, allowing customers to train and fine-tune AI models.<br><br= > The "picks and shovels" play is gaining more= traction as AI continues to devour computing resources and prompt the buil= dout of data centers.<br><br> According to the Q3 research, more investors= are focusing on backing AI-specific semiconductor startups, with funding e= xceeding the recent historical average of $1.9 billion. In Q3, overall deal= value in the segment reached $3.8 billion.<br><br> The surge is driven by an understanding that= there are more opportunities in the AI space beyond just LLMs, Zabelin sai= d.<br><br> "Thinking like a VC, I wouldn't put all my m= oney into just one of those [LLM] companies," he said. "I'd want to diversi= fy."</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #40C2C9"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiaDeaDpouyZPhl0Z-2BeDTmrOQ-3D-3= DNMHI_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-= 2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof= 2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeyS= DwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeT= uSiTrmUi8W5IsU1d7xlwtAUfYlKa-2FwbTdbol8MioYLYrHl0MpSRkI2Ff92yFfj8JzW4f-2FxZ= B9VSoxzMdz6HEQSx5Y1taMZKoW9bfWpQl6oREA-2BDOCg3NLLWwIPaurw43d8G4pnAlwICFHu0f= I21SN1zVdpgw2tG3eC5drpAY1VIkFTNMUxVkDsZfHlPj-2F-2BQklFLGvSpOE1ZpYkzzYg7wYu8= pwZBJMcnjPfkqRdoTeRdjydcluWGn-2FOfeyFHbN6Qo6ytrfuAM1puAeL8ehqxbJ-2FjmHQHoiJ= 9-2F2WPXnOxDtdLXWca4" style=3D"font-family: Roboto, Arial, sans-serif; font= -size: 18px; text-decoration: none; color: black; padding-left: 3px" target= =3D"_blank" universal=3D"true">Read the report<img height=3D"24" src=3D"htt= ps://fonts.pitchbook.com/newsletter/arrow-right.png" style=3D"vertical-alig= n: middle; margin-left: 8px;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated story:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/cli= ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zha= MYAiaX63mNcwxukJSvp7wQaqLiw-3D-3DRbtS_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0= YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvf= foH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU= 2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkx= aBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlIv80QZ5QdcglHK2-2= FeeDF51Y07ohhXQtqphqlM7EoYm1bvQa3RiucfuHmn3Gy1CYrzRRsu31yuC1JWl5cYdgITi0rK8= Z2s-2Fj6fYmZzbK5Pjxlza9vK71rMT7MLp5kU4tmlnKlH6TEznbE-2BYiWAxwGJYgctqax7AUCb= h-2FGfw6kVnahKdIIz3ls7F5Q-2BQOLaBDFf2bfyjDFGuLzMadvpAbvohcCgnK5X5tu54Dhansm= YNmL1QurOCCBGfKUficagloAvBrktgErcD7oBAmCWGDXXU" style=3D"color: #1D5080;" t= est=3D"" universal=3D"true">5 charts to help decipher the 'AI bubble' debat= e</a></b></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>A message from Oracle NetSuite</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_574706" id=3D"n_574706" 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;"> CFO of tomorrow: Your AI guide= </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"right"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" style=3D"float: none; padding-left: 15px; "> <tbody> <tr> <td align=3D"right" style=3D"text-align: righ= t"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAianSX-2FTZTIB89cO= -2BzZ-2BLvXmQ-3D-3Djx3o_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI= 43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2F= VByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2B= OJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0A= rA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlKfzfMNEQInJeXHph-2Fu1gk1p-2FL1a= REPC-2FCk23DGZb0JQxz-2FlmzDzNx03n4Wofg2-2Bh2j50l-2FTydPzfafeM61diJsBKdSN25x= dIH3hrJr8jL1QvjdGE9-2F15dVp-2Bg-2BNZXFZ5RRpzkCOkufTo0UYr8byDBnsFOIKyFRDQ0lt= QNxB9rmHA-2FHD3mBnuxXGRA1APUJpF63QSNyACIq5sVNy9Ti-2BmF3dxPQFCUxRghF85wk3ZwC= LDRkhe-2FpoJJY22ylIv-2B6Nm9HW5ZTtadc10zfouwXP9Hd"> <img align=3D"center" al= t=3D"" src=3D"https://img.pitchbook.com/news/71237.png" style=3D"border: no= ne; max-width: 420px;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table>You don't need to become a tech guru = overnight, but in order to position yourself as the CFO of tomorrow, you ne= ed to understand AI=E2=80=99s potential in a finance practice.<br><br> AI expert Glenn Hopper breaks down the roadm= ap in his best-selling book: Deep Finance. Download it for FREE today to le= arn how to harness the power of AI for business benefit. <a href=3D"https:/= /url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-= 2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAianSX-2FTZTIB89cO-2BzZ-2BLvXmQ-3D-3DYE= z8_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By= 8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2an= YrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwT= rNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSi= TrmUi8W5IsU1d7xlwtAUfYlIA-2B4WbGezY0mB8HSeaME-2BO3eajPxa3S6GdWFHiFTSJEhOTZf= -2FO5QJ-2BXA-2FXPgc67lmIAdyKQIZqQdZQUby2cfd6CYbo4qGQjCIeRinXrpbOLA7WzvE09VA= NswT2Qqs0S1go08uCG4-2F4wZTALtuzUtbRiGOI4WYVg0HG5bvRNYGdUqh3KkTZ4yjSXBNj4RaU= pIrElVkpqZISJn85zQnSQmrJnL6TTqLKyOtVwx9nMZ-2F4J1Pr7wHJfPi0OkTHEAJWmpCJNkO2R= Upi54KiVRfyCzNy" style=3D"color: #1D5080;" test=3D"">Get my copy</a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Catch Up Quick</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=E2=80= =A2 <b>Revolut has reached a $75 billion valuation following its fifth shar= e sale.</b> The deal comes as the UK-based digital bank aggressively pursue= s international growth, recently pledging $13 billion to support expansion.= <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7= 3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiaPmzDRTXIQ0gCX= 6cFH5bslQ-3D-3DOClx_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kb= McVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByA= YnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63= boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5X= I7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlKzpm9fbBbg9mXcW4pB3fnnafxdG0DP9l-2F= raOMe5pS5F1yqem1h5rqzUJP0J00MtdqOFguo3jqrFufGV2oSUoqMN6sTtfOkrwiyTHwljw22DZ= jWYR2UHI0mBvZ-2F28JyYF-2FH-2Fv3vfnxguhEVt4KP-2BV6Fu96o9GTP6kZum0B1NmwBSqqex= kepwaBxaM739AXZtXla-2F-2FHsCZPxCrdy11yw45-2FfbZ9P-2FqS1x0-2FwCHW0MtpRYso-2B= 0bx9UR4bete9-2BvR2w4ewc-2FjpWPs-2F9m9qy4u3YkIM" style=3D"color: #1D5080;" t= est=3D"" universal=3D"true"><b>Read more</b></a><br><br> =E2=80=A2 <b>Our recent Global Fund Performa= nce Report</b> covers the selective momentum in Q1 across private markets. = Preliminary Q2 results show real estate landed its strongest quarter since = early 2022. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiaL= M1A6D258zNaAcApfrqUXQ-3D-3D675V_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2B= HR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XM= j72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2k= XQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01= SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlJHU5YcF8JpKwZOY36K5BaMu= 2cfgnxOT4Jgklql2u0NWyOLzLue5V5bn1-2BmnHU3TSjXzIwWqTvAWltiYiWAH4oE2o92UsnlEJ= NHXyaPbgaE3w7CiwHz-2FqYcrvq6p7AIx9xr03yw6wOYpIsj-2FRT0MgodRwsxWzx-2FUe5-2Fo= b1ByVRHJG60yPBep-2FjwwbWYQbRkGncQ3dyLH7W1c5C04sHQUgTEqri6qSZ1eBx7EOPHzGXEZ5= R1CiCr6AfvYUIfVhngVS0wfARlfLSekx27FGbJyRET" style=3D"color: #1D5080;" test= =3D"" universal=3D"true"><b>Read the report</b></a><br><br> =E2=80=A2 <b>Startups focusing on animals an= d robots</b> are bucking an overall slowdown in VC funding for the agtech s= ector, according to our recent Emerging Tech Research. <a href=3D"https://u= rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAia-2F0yZNcJdoeRWxGE37A-2F0Hw-3D-3D3D= 1b_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By= 8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2an= YrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwT= rNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSi= TrmUi8W5IsU1d7xlwtAUfYlKw3BN-2FgUjWfL-2FY1ZJDD8pfvIoBxz7k1DQQYnuq39OeXCSrpU= Lc0mmDige1zth-2Buoml4YTvRRAKKeBz-2Fr-2FsrqzKnfo7Wy6jQSmMs56ACPs8p-2BaWRcb0q= 85qHTci-2FZXKZ8OgR-2FXVnY6671NVBbgHDGkGmzfBeNDCjPkBJO7qalBLzizEZSLHoEY-2BTH= -2B7-2Fu2tBnn6UbqFXPSIUkNWgXW9jEdGrU3pvkfe9RZOyxj-2B7frVZf4LMG0y9Hizwj-2BJ8= wt5WbnAjBkSTAJdDCLA4csDaMIe" style=3D"color: #1D5080;" test=3D"" universal= =3D"true"><b>Read it now</b></a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_574975" id=3D"n_574975" 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 banks snap up vent= ure secondaries firms in liquidity push </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-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiaBV5Xr8OA0= xcb-2FIEBQlAkFw-3D-3D5bMt_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ= VI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-= 2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-= 2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd= 0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlJDzg76njfrSK-2BBgM-2B5-2F-2Be= BkLLuPFnzb4aeRzkmqxeC6T-2BQs6dspkhe12skYz0G-2B00Xe8i0Te2RPL2TlvC5e2Gg8lcEoV= X-2Fix1PmNB-2Fg2I1wExlFtXD72PwHddb0l8PtcXo-2B49pnhgEYliL5KQyOuqwIG5CmXru9L2= xjx3dWhMSZZ42613LlEx-2B70PszRKoQKpAF6ojvbpofbE7a1qZlonLqZVexTPan1boYbcHr5Hw= DnRSxYlbMKnohmocYSFDohLy6jAKDhFOyAk5nu4qvy0V" universal=3D"true"> <img alig= n=3D"center" alt=3D"" src=3D"https://img.pitchbook.com/news/71533.jpg" styl= e=3D"border: none; max-width: 420px;"> </a></td> </tr> <tr> <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">(Spencer Platt/G= etty Images)</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"><i>By = Michael Bodley, Senior Venture Capital Reporter</i><br><br> Venture secondary transactions have been hea= ting up=E2=80=94so much so that Wall Street is on an acquisition spree to d= ouble down on the assets.<br><br> In the last several weeks, financial service= s giants have struck deals to acquire at least three secondary shops.<br><b= r> Goldman Sachs agreed to acquire longtime VC = secondaries firm Industry Ventures. Morgan Stanley made a deal to buy secon= daries marketplace EquityZen, and Charles Schwab announced plans to scoop u= p the publicly traded secondaries exchange Forge Global.<br><br> The deal streak illustrates how Wall Street = is playing catch-up with its startup liquidity offerings for both instituti= onal and retail clients.<br><br> Banks, well aware of the growing number of v= enture deals and valuations, are pushing VC strategies through their privat= e wealth channels. But they often lack the in-house expertise and deal pipe= line to increase market share on their own.<br><br> "These acquisitions do make sense, both for = EquityZen and Forge," said Emily Zheng a PitchBook senior VC analyst. "They= are playing in this niche market, where they're democratizing access for v= enture capital."<br><br> The trio of deals is also the latest sign of= the consolidation in what has been a fragmented market, according to Aziz = Gilani, a general partner at Mercury.<br><br> "My expectation is that all [secondary broke= rs] pair up with a big bank," Gilani said. "That just seems like the logica= l way to go."<br><br> Secondaries are often the only way for many = investors to get their hands on the stock of highly sought-after VC-backed = companies like OpenAI and SpaceX.<br><br> LPs, meanwhile, are pressuring their GPs to = err on the side of caution in pricing secondaries, as valuations have seesa= wed since 2021 highs. And GPs have been mindful of portfolios heavily infla= ted by a small number of prized holdings.<br><br> "When we're evaluating diligence in fund por= tfolios, we tend to discount pretty heavily a lot of stuff that's on the bo= oks still at marks that we don't think are necessarily realistic," said Ama= n Verjee, a general partner at secondaries firm Practical Venture Capital. = "But it's mostly the value of that unicorn or a small number of companies t= hat are driving most of the actual exit value."</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzWxcBTiPF3Cs8U6zhaMYAiaBV5Xr8OA0xcb-2FIEBQlAkFw-3D-3= DFUaf_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-= 2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof= 2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeyS= DwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeT= uSiTrmUi8W5IsU1d7xlwtAUfYlKQHWKt6Dyo-2FTAtu6RurJ8OdrJPE2No-2BONLrERRIWvyxaK= kpyY8WEQ-2FQV6dKth8-2BenSdtSNGR8BiG0FDJVVlnTwhwNQI-2BOtN6RFP0UOuO9XdtRIdfEn= 8MetFfBUKOwsIePoc5WXMZAiy6nOblle0mKD5aK3XbT7tyTx2ZzltK4BCdcucuNCRIYu8JFxfKz= ZO-2BlrmSw5VwFtghxUiNYx2nu-2BHYIXvKK7CLHYVGGxVp92Ag3UYPGyrih46HemwBJ2Jg92D3= QtxVekr9Ujs-2FEzlrQa" style=3D"font-family: Roboto, Arial, sans-serif; font= -size: 18px; text-decoration: none; color: black; padding-left: 3px" target= =3D"_blank" universal=3D"true">Read the full article<img height=3D"24" src= =3D"https://fonts.pitchbook.com/newsletter/arrow-right.png" style=3D"vertic= al-align: middle; margin-left: 8px;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnhfSrKura0KCl= L0ygNwjYwzySk7YWYVGXADnYzFCgsw-3D-3DSDRq_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ= YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2F= BvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2Bb= KoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyf= jkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlJTeMtyAcge1JJX= x67vpJO10blSoBuUHiFgY0hZt6c-2FhwWbUJD2-2BRLtS25fuDgLTGd2aQ5BbtR0Bvt8l4XsYiI= V47-2FxDaTw6XQp1kctey4bSZzb1rJOjJTegIkvDK8C8HCLcO04bffzWqPeud4eKSMx8hWyUauT= 3ZdKKzaJotnVVOmRj-2BAvP9UGfYfvnU3TUOBOP96zgjL35O1oHomKcO9Gg13ydZaBOe36VtIVn= Y3eVkvd5bYbz57p2Tdh92ojgtRrqaca6tbQZUIO99jwePLA" style=3D"color: #1D5080;" = test=3D"" universal=3D"true">Q3 2025 US VC Secondary Market Watch</a></b></= td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Side Letters</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Sma= rt reads that caught our eye.</i><br><br> =E2=80=A2 <b>Fei-Fei Li has been publishing = research on AI for 25 years</b>, but didn't expect it to be this massive. I= n a Bloomberg interview, Li emphasizes using AI tools for the right reasons= and the power people have to impact its development. [<a href=3D"https://u= rl6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B= aqM7ONnvsnswouzXnhfSrKura0KClL0ygNwjYWINd-2FYE9X1e9A6OdeWLtbw-3D-3DxC9q_Pr9= 66knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-= 2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0= YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7= YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8= W5IsU1d7xlwtAUfYlL7EccLFNdhKscr5pH9WCdkeaVRXTNj-2FHK0mAG6iB8JIuolUQprAhpVr0= i-2B1V8MoMLZJ-2FhBxvvUShi6gTsqv2j7lDVWFNsut2pCYZz5EPExoRHNFuN28yYSOQKai3Hva= J2P7eSr6YiyIJg-2Bs8bqrV5YglOOfuO7yPPKMNzF-2B7bLhMfetW3kXqt-2BrPkuH9atvkILc2= kPDmv6GMAmXd-2BM4I6kpFg-2BouXVdLxU0MPoaD1Ul3hzG8Lb43Eh5UL1RfBztgx2nlk-2Fgv5= dN0upyIyjj0gb" style=3D"color: #1D5080;" test=3D"">Bloomberg</a>]<br><br> =E2=80=A2 <b>A new biotech innovation is usi= ng AI to diagnose rare diseases</b>, and it's better than Google's DeepMind= . How scientists in Barcelona built popEVE to flag human genetic mutations = that cause rare diseases. [<a href=3D"https://url6380.news.pitchbook.com/ls= /click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnhfSrKura0KC= lL0ygNwjYEHDhjeLi3xuRIkI63pTeJg-3D-3DlVLs_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uwl= JYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2= FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2B= bKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfy= fjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlIKcjwBg0ICfOL= oMEL45Sm0K-2FYRmtKaZQWZCP0Bbwf97ZuIJI1otOssKYa48r-2FfuMXS0jL3WCI1C7244Yi9sb= aIkOjyhr0YH3KB0KIIy8l2WciVht9oKeT2NU52FCPhYdiYP5sJW97bhOUIJyEVTQwR-2FCwowHV= FYFWWNTkHIj-2B6YekSiuLLV-2BiAF38roXnCXcCNT641srwqJMxwHoGrYurVCGlQ1foUSOVCM1= WrXES7FcUkTzYQldqJhhb8HopGTOA7KAXlzdfJ8w-2BnyUaM9fjD" style=3D"color: #1D50= 80;" test=3D"">Financial Times</a>]<br><br> =E2=80=A2 <b>Musk wants X to be "purely AI,"= </b> and is trying to replace all of the social media company's engineering= staff with Grok. Two brothers from Ukraine are helping him do just that. [= <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4= Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXnhfSrKura0KClL0ygNwjYyM6y40UdiVjmDaZHNJ= BKRQ-3D-3DiZr1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8= UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiH= l6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2= Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8= u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlJL54NGbJb1wRrEgoOSPYMZ1QzQ0UTLbuOfWRNeig= H4LrrMn-2B2R7YvNpFMI2cJu93bt3yE-2FyTuSEvvGwE-2BVWjRPNrjD1iMguzVLq-2FeC0VPgu= Cdab-2FxH3hlnj6Kmn0FidpCKtj-2ByaY4JpXSD8aUdvF9Si-2FbcveHThF1VXN1PXhKH93cEnz= gVxMREURlR9gnJA0249Alw129meQh37blb99IophnvtDzXqwgtxJn6qdqJEhtAdl1m0EmUKeXiX= eTYqhXCOmNzbqiFa1-2FtP7tdPCm4" style=3D"color: #1D5080;" test=3D"">The Info= rmation</a>]</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td lang=3D"x-advertisement" style=3D"padding-bottom: = 20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzXnhfSrKura0KClL0ygNwjY8CmvkVr8TZ-2BYd8cElUDaxA-3D-3Ds= ZU4_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2B= y8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2a= nYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDw= TrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuS= iTrmUi8W5IsU1d7xlwtAUfYlLJ95eR62-2BmOd8fow0skCZ2ymOV4vwAWYdh5lfVVaNvNESG9v6= YUtAea0ihuSeLjS4pYq2MZSJY4-2BrWg4PFnZhYAVYMSrG5QnVg2q8kVvUq912GKftAm917kIq2= zUumox7xuudQcIECqCArcvj5Zks3Tvi8z3hc3v8FfhRESn-2FkRGE0spiCr8s2iakSHdp-2FPdc= YqzqoLN6e-2FpTSLMwPStpbPTiyxTqUdX-2FcPNQPeo9RjWqN1RKeSis1Kq1mRX2azXVbC-2BUj= carvHgwZ5Fa73uBx"><img width=3D"460" src=3D"https://img.pitchbook.com/ads/a= d4363/460x120_pitchbook-banner-ad_nov25.jpg" alt=3D"Ads" style=3D"padding: = 0px; margin: 0px; border: 0px; display: block;"></a></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-counts" cellpadding=3D"0" cellspacing=3D= "0" border=3D"0" width=3D"100%" style=3D"background-color: #051C38; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"width: 20px; min-width: 20px;"></td> <td style=3D"padding: 10px 0 5px; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-counts-title" cellpadding=3D"0" cell= spacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td align=3D"center" style=3D"font-family: Roboto,= Arial, sans-serif; font-weight: 700; font-size: 14px; line-height: 27px;= color: white; padding: 26px 57.2px 37.3px 57.2px; white-space: nowrap;">Si= nce yesterday, the PitchBook Platform added:</td> </tr> <tr> <td> <table lang=3D"x-counts-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%; t= able-layout: fixed;"> <tbody> <tr> <td style=3D"display: inline-block; width: 24%= ; min-width: 24%; text-align: center; flo= at: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 664 </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;"> 2181 </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;"> 931 </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;"> 33 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> Funds </div></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-counts-btn" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"height: 25px; line-height: 25px;"= ></td> </tr> <tr> <td align=3D"center" style=3D"padding: 0 133px= 13.3px 133px;"><!--[if mso]> <v:roundrect xmlns:v=3D"urn= :schemas-microsoft-com:vml" xmlns:w=3D"urn= :schemas-microsoft-com:office:word" href=3D"https://pitchbook.com/free-tria= l" style=3D"heigh= t:43px;v-text-anchor:middle;width:148px;" arcsize=3D"50%= " strokecolor=3D= "#F79B3E" fillcolor=3D"#= F79B3E"> <w:anchorlock/> <center style=3D"color:= #000000; font-fami= ly:Roboto, Arial, sans-serif; font-size= :12px;"> Request a free tria= l </center> </v:roundrect> <![endif]--> <a href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzXnhfSrKura0KClL0ygNwjYtLtlznFZS-2BwsvOD6AgcDfA-3D-3DH= w7Y_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2B= y8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2a= nYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDw= TrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuS= iTrmUi8W5IsU1d7xlwtAUfYlLH43S33Z-2FqEcxYXRSYlgf97-2FC5W5YUDIQYw5kzdzev5K0Ji= Xu3DH8QwJ3lWeVVp38dPUm-2BZVE59LnHcTM2xDToDY7-2BCsxl0UEF3QnACZlKQM-2B9pkEIj9= TGm-2F37whihn2HnDCR-2FQI7hTTqFBEkWYbyZAgNyG-2FyDkhC-2Frqy-2BJ6Q7g-2FREbwxC6= EYlZx2SOlJoWUoUnzDcC1d3ug1WJYkDVCkxCNX0fqUj9HYiviUjZji361m0U9S3ra1G6LG7bLF2= ODP-2FMm9ZCkwsx1MVYUGxk8Nm" target=3D"_blank" style=3D"display: block; font-family: Robo= to, Arial, sans-serif; font-size: 12px; color: #000000; text-decoration: = none; line-height: 24px= ; text-align: cente= r; padding: 9.5px 21= .5px; border-radius: 99= 9px; background-color:= #F79B3E;"> Request a free trial </a> </td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;"= ></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> <td style=3D"width: 20px; min-width: 20px;"></td> </tr> </tbody> </table></td> </tr> <tr> <td height=3D"20" style=3D"line-height: 20px;"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_574973" id=3D"n_574973" 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: 2020 Vint= age Global Secondaries 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: 76.3143018654607%; min= -width: 76.3143018654607%; max-width: 76.3143018654607%; background-color: = #1D5080;"> <tbody> <tr> <td align=3D"right" style=3D"padding: 0 4px 0= 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,= sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">13.50%</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">17.69%</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;"> 0.18x </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= swouzXnhfSrKura0KClL0ygNwjYVst8ZIQd7CXuJZo3Z9cqdA-3D-3DI9l9_Pr966knuaHmaw6c= 7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp= 0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg= 3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZ= eizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwt= AUfYlIm7pbSjsZMJOMtivAjg-2BeZKgfp2wEUJmc0U7RyK-2B13g3h8FhI9qzgWpf1HioKtaSF0= DmKcU1-2BAueRWHLolbPysjqQRmD9pv-2BTIXHiYB0Yo5Q3RoJZCVVOG11KmRu0f0NUidVVHM-2= FeOWzCzFJ6XO9laJpThmHpJ9lWuQL0bPLXQ9-2BAfXA0tj64vAf65fYo64VaHfYa1tNziH5X0QW= ztd05R5sXN7TcK9UqPXrWXD75d-2B3Bhix3j5BJ68mbTldBVF3whTykj6KK-2F6biFKTzMnXLz"= style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D= "true">PA Secondary Fund VI </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= swouzXnhfSrKura0KClL0ygNwjYMPd7eY37XQLd4du4Vtn1fw-3D-3DPIoC_Pr966knuaHmaw6c= 7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp= 0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg= 3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZ= eizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwt= AUfYlIBK5q7wKqSszSp4tqG9ObHQzQvJxkn5HI22gK-2BPNL2sSsLLgj6KZrD8ieU7Ybc6VvfU2= pkCLnt9RZ3mKmpCDketPK5o-2F04OZqs9TE7RKF9KOkbamFP9vtaEandJTU1fi2YK1q0rChnyjk= CodNZfYW3PWnV4JKZ-2BzPE2lqSJYThLcuLwxhnZL5-2Fz3V-2Fd3-2FwZNSKu6tBVKf4GoDn6D= G9-2BRRTV57AMSVVdZ7wxGN-2BUENBu-2BkTsdgXqFcIqW5b483dKS8hOdKYMhm30bYJWvsQ4aw= R" style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal= =3D"true">Pantheon Private Debt PCO II </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= swouzXnhfSrKura0KClL0ygNwjYanPcpxC2R2ISQ6VA1Y0KCg-3D-3DScNq_Pr966knuaHmaw6c= 7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp= 0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg= 3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZ= eizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwt= AUfYlJXJb46f0FHqAhb5BXr4CucD4mrBTIJcPOT2i3pJHuAVGvn7a8jMyXgiUMzMuRgI21fM0UI= gXy2K662fhtTNu4h4I1cgf3WKCOJm0RFkpONVNJv9xfpGZwDQCxhhlQ9HfvqqVXBHzelD4gdu2r= qA64fEXMx8yW7Q7xIeHRQjt4zT4uC1WRgn-2F-2Fy1c-2BcXDcJvy4x1jC9iE3nlqxIgTcFgUSg= nMMg9uXX7ybOXvgV9Q474SpXm29MPJ-2BLKxe465P7f-2F6uhQVX2N2g25ZDDDEYlySQ" style= =3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D"true"= >W-Prime IV </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-2BaqM7ONnvsnswouzXnhfSrKura0KClL0ygNwjYDf5p5j= BYmBxBIIt-2FovcCVg-3D-3D3fs-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4= BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72= Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQh= AW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFK= Udd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlItW-2FM7qYxPgrmdDIjbDR7aeo= tEVMScEocAuri-2FGEODiWioaM-2BZP5pj16Dlbm6ooZqKxm-2F0azfGKViHjaykbGAMdbWDHkh= zguWYvLb3IGqjvYLwzcy99yPmolg-2Fb0vdasoaRL0t-2BBSa-2FmUHJ793yapFneHpPpUYssjw= PFWxvGFHrCvq4h0Mizttp41K4kgSzw99eKSRd9D7we3-2B4BCe9bxDDSTsHLtVo-2F2e0wyVN1p= sIse0NC9LVG2YDgZQyKP5KUtAswYzoRdmtqZEizD7wQOP" style=3D"font-family: Roboto= , Arial, sans-serif; color: #1D5080; font-size: 14px; font-weight: 700; lin= e-height: 24px;" universal=3D"true">28 Funds in Benchmark =C2=BB </a><= /td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Check = out the latest version of <b><a href=3D"https://url6380.news.pitchbook.com/= uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb= 2Cv34m3E-2Bx9AflsBV4Rpu-2Fz-2B2llua9CU-2FtDKg-3D-3DDbak_Pr966knuaHmaw6c7pKv= B-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRP= kMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5= KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS= 075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfY= lLtwTq0-2F8Md-2BQOgSIdM4cLnlyIGwMoenyzPGevJ7Xn2TFkI1V6RDZdTMpKza40zvjNatMOj= JhtfYdk0vyM9ft8sQ2od-2BkOv5otZ-2FA9bz66eI259PsAQOg6SFoIC24v1Ikh5C7nk1mDAqMq= 2hmMhhF5Qv-2Ba7H9WUQsYnthxwXCP3N3yC5xs-2BzLJ7sP2oRvNN8mtNcHSARd-2BuF3yKTJd2= EZBecMAAR9VDvEInIeBzYqg95zblegNCdo-2Br-2BDh3r1fyatYJ5nyq6phuDgjHeT6aI-2B9q"= style=3D"color: #1D5080;" test=3D"" universal=3D"true">PitchBook Benchmark= s</a></b><br> =20 <h3>CORRECTION</h3> The title of yesterday's = Daily Benchmark was incorrect. However, the data and fund rankings within t= he benchmark were correct for 2015 vintage North American real estate funds= .</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>VC Deals</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">China-= based <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du= 001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9Aflsyu9= uMGO-2FvWFEpqFCqqEGNw-3D-3DjkDv_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2B= HR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XM= j72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2k= XQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01= SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlIw42iMTokK2Nt5RiItJvzJR= QEcEBbQZXfwp3Q6eOFolDJj7JlZNxMFv3oAL7Y-2F45-2FHv3p6j-2F2rN973SXECjaUBRB7RVr= ik72ToLQ8oqdHPOY4S0O8JU8pB-2Fm4GdWYb2-2Fdpj4-2F6y5T9z1flebgyHx-2BFWAUaRua6p= juO6SAtB2KErCj4iL-2BzPctF3IZzvZUq-2FQJJ3t4fRPsu9D6Z3MSVc8Sh4BAZofbvwE9WWxR7= 7DD71xQMBSrF1uhPKb-2BRVmJR5Ag9NbUMtfG1mQwWymrt9uw9" style=3D"color: #1D5080= ;" test=3D"" universal=3D"true">Moonshot AI</a></b>, a generative AI model = developer, is in talks to raise new funding at a valuation of around $4 bil= lion, The Wall Street Journal reported.<br><br><b><a href=3D"https://url638= 0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9Aflsp9GzJVf7FUSdTM7bvSwPVQ-3D-3DlO_e_Pr96= 6knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2= BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0Y= VAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7Y= WV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W= 5IsU1d7xlwtAUfYlIqjYdu3YlMyUcWep78ylFxh8fKF3GpFZrzO887X2DBuNyit3BXSi7Z4MEmZ= WYsv1uRvcNdmUNcFK6hYtwgQUToQ4OiC5bcw79MxzYchLm-2F-2Bs8GfI5-2FzyLrRaTQ5DfGag= 6josWuAvZ9nyFSxIx0M-2FWLpsv3LsEW3KiMf7kF-2FjQnRj7RBABn5t-2FQkBk8x4g-2F9lAVA= dCLM64SuDQkxSKgjf-2FzAyuVvtaNkGaK7QaWXtzX4fchsqTVVaLW8ty6dnzjKLvbJkpynr5xvf= 8CXqJgSyxz" style=3D"color: #1D5080;" test=3D"" universal=3D"true">X-Energy= </a></b>, a startup developing small modular nuclear reactors, raised a $70= 0 million Series D led by <a href=3D"https://url6380.news.pitchbook.com/uni= /ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb2Cv= 34m3E-2Bx9Afls5M700XaqDx-2BxF4ZKm682Yg-3D-3DXe8L_Pr966knuaHmaw6c7pKvB-2BCEi= Dnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4Ucq= IsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF= 4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2u= CQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlJW7zZ4= BHkfxZWq6Lc3q12OrqPavID7tOtRX2GLds5dqPKLBUjseZC-2BxvcLeY5kZNiBvONxSwl11wmR5= Zh-2B3B8AjpEoswD5-2FZXaKo2sfygKiXi6idN4aypXc3M-2F4macDsM2BhTriNgE34IDA4PLy2= CNLKfn5-2F95PSKafX5Bbl02tbVOiZMaCsLkK3k8Qz-2BoUStFmUQbwHTV7a2UAfSEnOmjpTOLE= WNyroVMt9-2FIYVjklUdQ9X-2F8HFS32QhO1bPuRhTPbzFblPTVjI6Jsh5WzTJ8" style=3D"c= olor: #1D5080;" test=3D"" universal=3D"true">Jane Street</a>.<br><br><b><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9AflsG76qB-2FfRtU6C6= rFSQK-2FPlA-3D-3D7wy1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43= kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVB= yAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ= 63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA= 5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlL-2F8AqabeV6gogsZd7VL9hflcjpWgOfP= llTxH0oOhStGRqBt7FjJBIKvJ42fj6wxdQ2z08jSMu5ihY90mKS1JwtWsPSmThuHswYbAnLUDUp= N-2FUBnTUxndNsRO68fbaBAR0EYrHKOC23YSRgmNeVmU2u4dHRbb-2F2-2Bgas2PE-2B3V5bItm= U9KHY7F6Wfod0BYailSMFH1rEYzEMdSUQ2jJr2nFT-2F-2FrPFBQtlQC6DIClzFlDR8pzgW0v03= ByslVwPMV3dzro7Sb0duyESmITFKVGu10a" style=3D"color: #1D5080;" test=3D"" uni= versal=3D"true">Model ML</a></b>, which offers a workflow automation platfo= rm for financial institutions, secured a $75 million Series A led by <a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9Afls3M7GfEnZUVepeJPZXO= 2WNA-3D-3DnbP8_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8= UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiH= l6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2= Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8= u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlLg05mQBQ6NCCrhqYAJBUT-2B4GhxFGFdIsFN2xiG= JhdUzxvfb-2FDrjk9MhxYKauDIB1O15O-2B7PCHBDnPcKSK2kCJo-2FeBtWpNWUkBg0GbaMXC2k= qjR-2BbzgqurVcY-2BLT9jqNmVgBMiyfWpvF1TZBF3bxTW97LjVmrUdXbWUynHKiTp4KQQvb8Oh= 0NQm-2FFPxwvVfDbeYqpKY0i9cYzuc1WKNy56VElXdsUYGf8bBB1mnT3xD8img6GUJ-2BcAfWVm= eM0XPEB83fqt8vrLqXvnBG-2BewRZCX" style=3D"color: #1D5080;" test=3D"" univer= sal=3D"true">FT Partners</a>.<br><br> San Francisco-based <b><a href=3D"https://ur= l6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa= -2BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9AflsY0RIs4hHIH7E21aQYxjMBA-3D-3DJ3eF_= Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6= HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrF= gE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNC= Rc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrm= Ui8W5IsU1d7xlwtAUfYlJQQ-2FcM0Pf5u90TEZ-2BDXfYpI5f-2F39e8YHKg-2FD3l4N6dTu-2F= XE3oMgu2jy6RhgSBy9egug1NzGSP-2FFnxl0DN3bBSUm0jhnH-2BmqKvWxTTP1L9BCXjeShGk3q= 8oC-2Bei9QZMqOwd98GhKp6NTYwZykJ47Ea58RTAajrw-2BAYP00RETZpzG-2BjStnql3GR-2FI= vqHPIBE8dgZ4KEp50zFlLONstD210ZF9SdwKv0tiMYHMUBMnbI7GatfVgahTvsBpLykjRHCTXxJ= 0FX4VW2lqw4a7eM3g9IV" style=3D"color: #1D5080;" test=3D"" universal=3D"true= ">Numerai</a></b>, which operates a decentralized hedge fund, raised a $30 = million Series C at a $500 million valuation.<br><br><b><a href=3D"https://= url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G= Fa-2BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9Afls33NjbbMSAj1Sfz4O99wFjA-3D-3D-fi= y_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8= y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anY= rFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTr= NCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiT= rmUi8W5IsU1d7xlwtAUfYlI1PvrZpNdjKK1Oo2-2FODIkK45Xl6GOnzrkBiv0KbAFNRozJDOSQ3= T9rPz1gLWVwZE-2BQLLRhYFpBF9mOB0E3uWB2SKHD5b9W4onYXKAZ6db4O771kk9GX5Ot00B8Za= NzA3YVK0i-2B8RUKrpiep7PHr-2FaxRpRKFxk2NvEWfg-2FapXPwwicNaZQkaCW5Ji5ZOuA2-2F= -2BJMQ8yeqA7VmBHtYcxumLr2IpQE7A9tl8EW8zbn7xxWNOqnSAl-2FMFWthE63XfgeO2nEevzh= BIo7ZXZHI-2BV-2BEHja" style=3D"color: #1D5080;" test=3D"" universal=3D"true= ">Momentic</a></b>, which focuses on automating software testing, raised a = $15 million Series A led by <a href=3D"https://url6380.news.pitchbook.com/u= ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb2= Cv34m3E-2Bx9Afls9E0xno03IrRulI0Cn7ezXw-3D-3DFpJr_Pr966knuaHmaw6c7pKvB-2BCEi= Dnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4Ucq= IsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF= 4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2u= CQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlL65AO8= sz-2F8iuZd-2FEhm0OKmj7yLmIM4E98auAgWpJLKF5VQDBw-2FIQOGFOC8fbYmmhP1aSZHR-2Fq= bWfoQEfddhaFCVo7L7VMSn0dVqSYtv0f6Yo77GWGRf-2Fy8PS5YsOY2uN99uCzZr1HsWCH8-2Bc= GItYEOzpvYDUOddN0fLNPdqVVOcTvgR6iPzHe2W4d1IuQEUDHQvp0OvUTNeZXJInp-2B9Yoc99x= oICS-2F9oKp2pH-2BnTQW0eizxB1bGE5ooGxMa36-2B3TglK2rv3BZvEgJF3VY0ofPS" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Standard Capital</a>.</td= > </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>PE Deals</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUriivIb2Cv34m3E-2Bx9AflsThI6UTYoixvt6LStOq= Y6XQ-3D-3D41NW_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8= UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiH= l6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2= Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8= u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlIRGXxwGCagJ7V1kaE6QZoGPLnZqWQD-2FbRhORdE= 2cz9B-2B1hZqUHUdMqXRv3CJ2K9YLtJvBTfmR-2FpfaJ0Hx32XjkXNdekJXzyJfYUvZlG3Op6Df= Mvazo2I0rRaQSvzN74cMXuYSmy2RFIjTBnajU5dEVwrFUbWnimKoKeu-2BL3mm-2B-2B5ke-2BQ= WkXqLqKI4icF5WWYmwE4VclSVqVSlJRL7DBRyxTKAzExocG-2FkRzsSo1qQWGlM6dyDCSwOrMS9= kNs282BnNlpXMnHYSgu-2F1RPv836-2Fg" style=3D"color: #1D5080;" test=3D"" univ= ersal=3D"true">Macquarie Asset Management</a> offered to take Australia-bas= ed import and export logistics specialist <b><a href=3D"https://url6380.new= s.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ON= nvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FAhwv28w5wPgWT8HklMj6fg-3D-3DvOjF_Pr9= 66knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-= 2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0= YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7= YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8= W5IsU1d7xlwtAUfYlK5bswszbigWd-2FcGGpFsZVCR11ifomqLfm8cJcy5h-2FW9F-2BuL8bfrR= FfQ3YlpcqvBHZUkYgg6ICyN-2FKi23Y-2BV-2FZPmzuimbsbBjZsT0Ty1nAo85JUsUB2l9G9FV4= AH5ky9ETkoRW9mzE64K7fZbFtPePxdwtb4YlPOfKsBn4HIgKjWEx1xCaf1O5zWU503QFZME2lrS= bR37kZBO8i7eAoB8-2Ft3OoYWpTEonXGQ7xIWGW6herOgjJ3N4pnC7douaVt-2FnZ7a8WmxYk40= nX9wz-2BYEPOR" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Qube = Holdings</a></b> private in a deal valued at A$11.6 billion (around $7.5 bi= llion).<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u= pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E= -2F-2F-2Fh2z7XCyp4zvsXnQS0967eg-3D-3DmOx-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uwl= JYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2= FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2B= bKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfy= fjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlLbmKYT6-2BqHp= 2Ssl-2BzrxSnn4zLev-2BhNyMIm2BHgUgX-2BueUZheEEI8SMYUexrkqrd-2BXEv2lZ-2FuFnx8= XiZe7vpAhKd3YPipXQ228C4yQq8uTExM2Vf6w0ewkKgs-2F8oOJqhRmOEO-2BH3f-2F4lEfUrdY= 0rV5p6IDaXWuDCqPZiHQeeFXxdSB-2FXC2KlEtoCZZwx-2FTFw6pZJswAxL0aD2QU7GlT8OIjps= 4G5tGVKZ-2BxnRQqqFUmrJ7HkxNdMeOEOKWnYzWe0NzfCqp-2B2m-2BbTcS6VVaIF9Ue" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">TPG</a> and <a href=3D"ht= tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS= WIrf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FyWIL-2FgSTnyJ0O78qn= rvk8Q-3D-3DLaN7_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf= 8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJi= Hl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-= 2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy= 8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlKO22-2BACUvQ9E0HX7nClFJ42SXDBfSslJubchu= QQkXRmfjH-2B7dTt5rAKjcxYsNOrAsfxl0r7kRhJztPy-2BMoRwlZlbfCBPIGdQHIrk8-2FtyJi= 00dWndQmtjhfzB7HYPPLRuZoWqd-2BJ709REDmTSPMcgSxXHTHdviBXIMPfXI603N3xZ4-2B1r4= ZQKtN4ZdfXKFpW6KmA2LFsXE9kBM22ebsfQgaqNepsTA5c1ukFWU8OZvmfUJkHFB-2FfBROBBXi= 8leQR6SrnlvYh17YoC9d52uX4AQt" style=3D"color: #1D5080;" test=3D"" universal= =3D"true">Warburg Pincus</a> are considering acquiring a $500 million major= ity stake in contract management company <b><a href=3D"https://url6380.news= .pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn= vsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FNvOqH6c-2FoFSplBlV4DRLxA-3D-3DlY74_Pr= 966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR= -2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE= 0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc= 7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi= 8W5IsU1d7xlwtAUfYlKkirk08ihCtnY071DOIL1Wt48Yo5cIbBaj7nOJ5GxOEfG9lSbxO4PxoUp= q13Oy0Aj6PMzKZfm3qomDg7rgzAFPn8OyZkvV6QH0twSCnZv6KaKgM5XlcMqakm5xVAnSnT-2BP= CZoWc-2FJrey5nIAvEy2Xz3YpUP48VMaumad8VNhN-2Bmd-2BrURxW2oyHBNl35q-2F5-2B-2FC= oGi3kux6Sr7gvKG4zFwFL8pGRx-2BYbhbD0NzLMNkfeMH5OTAGtiXUBCFw7EBNE7VLbugwzh1K1= 85sbAmnLR0WU" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Sirion= Labs</a></b>, which is backed by <a href=3D"https://url6380.news.pitchbook= .com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXm= BplKII-2BgMb9UdPs0E-2F-2F-2FZKdzNPSh0mkAXoM9KOAiow-3D-3D4QIj_Pr966knuaHmaw6= c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGj= p0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXO= g3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKb= ZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlw= tAUfYlL8zunOwhWvVV-2BM2NsHDwikGsBmjjM9ZiodgcQplLnZA8cfqvcTh3Nf0YYbVBDFHmG-2= BR-2FG7uYRJgTxKqBGGM6KU-2FJ-2BYYhrgpiiKLgx-2BmxdNBEWQRTibkhzt-2BXSf6AoPSwWD= JvaSVN2x1ebVn31lSPFsjlZDzZ0CBRC7Bq5GiGpQ7lAtx9HnSTT-2F-2B0IsBz-2BvCUdha-2Fx= 0-2F6BeZ6fhwBkVbP4K0v6KgUT77CqA5Dda4CaPxMD9yuS5cary24m40FgPIZ8SYzgbs7pjE8J6= oRc1cpSV" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Partners G= roup</a>, Bloomberg reported.<br><br><a href=3D"https://url6380.news.pitchb= ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou= zXmBplKII-2BgMb9UdPs0E-2F-2F-2FgU8mAltw9kCP0vDOseZCRw-3D-3DYoiV_Pr966knuaHm= aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9gre= FGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQ= zXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0= CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7= xlwtAUfYlJCkmMJ48jRpe3YvyHWrYQXZiBPc88zcOWGl8YzoccK6mhcA6Us6nC7WHtgF672LTgn= cP4X9lOa6AO7WFeRYwrqW5ZMkcJe0onQ7T0zS62gDcwI7zax3J1byhViTMtzXXddQbgJtGn4-2F= rdawxVigfroWmgHJMiX8msAfXDoaEHcY3H2FEBcPahFz-2F-2FOxOx9Xc4mk3nmCSVZcqEU7UiM= cPr1TfYE0EA5FRmMoiSQCyNNfu5bUp3QC0AR70K-2BPZ8Ml39tJgdrRG-2FwCyNbRpEoSQAB" s= tyle=3D"color: #1D5080;" test=3D"" universal=3D"true">Truelink Capital</a> = agreed to acquire construction and industrial tools supplier <b><a href=3D"= https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7S= pSWIrf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FTQIoXIds1pTxLeD9J= e9Ikg-3D-3D9Ymz_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf= 8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJi= Hl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-= 2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy= 8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlLwWisodJ0juSdBhqKREeDUbLN0QZSseHTD8U7i2= jGozdVfgNAsO9Meh8sep8cGaNWmIBg-2FNkZx0UKm1Z2skVz-2Fr4SefiHdwHzNt03c285b2ZeW= SjPuFO9W7O7DqGnZ9vm29MsVFtsSszDHDSVuofZf5CDanMIH95TWnv1uSTGKztqCm6aHmBgd5ZC= jSVVQYrWlocu6BwAfcAONTNsyw6tsRJHxMGiVnw7BTq12m72GOJv-2FfwifEvwlRgYIqKvJx7a0= qdp57QGpyfc4T-2FNf9kGW" style=3D"color: #1D5080;" test=3D"" universal=3D"tr= ue">SouthernCarlson</a></b> from <a href=3D"https://url6380.news.pitchbook.= com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmB= plKII-2BgMb9UdPs0E-2F-2F-2FhPVGiFbKdGePOZlwUl-2BTrw-3D-3D-YXx_Pr966knuaHmaw= 6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFG= jp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzX= Og3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CK= bZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xl= wtAUfYlIjUHpQmrpMhSWJZT-2F6C7CLV1HLFHlNY2bmlC8PUpjAQvXDU0PqHGd-2Bhl8DREUN-2= BoNn3cCmyx9E5Hou2Dg90u28hHhhBkLy-2B7I7OO-2BLjMvEZ1f5uUUTQtYDhChD-2Bbzdiub9t= nvcC9KinRAou9DBRZ96-2F9sNtqBRYOOUu2n3ThOXrOcgYB6PHBssfWjnHCQgPXVhkPPwRmcFOd= trQipRhzzYxuVOSvFo0KhX91sPxDhtQ9kt6u7VU4A8yqf5poQH-2FnvkyPGpDzB2TGFoEHL3zUc= d" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Kyocera Corporati= on</a>.<br><br> Australian reproductive healthcare company <= b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2Fc3Mq= lJtRGfbdYELCQ5Et3A-3D-3DFfql_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4= BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72= Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQh= AW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFK= Udd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlJmoQIVpw02auPuAg7pDF0GTLzx= doH-2BLdQbkobfjSwGnuBxheJPjVy3pQtw5CF2BY3nnEc5PDdvd4kOLywY-2FyunIjhCqKx57KW= YEHClH2A1XOCFyV8oKDHCOZCZDSQVXPAsFJMW66bZoxp3d5IoKZqssu7eSZh-2FWD1imXYDjiR8= SyUO9O0IhpW7HVhsre9AQ86HMC1OSewwamwpvnQ11DCYxMAehTgy-2F7O4kFz7FoskhFs1UlwZO= SyuQvYEZxAZdjx4EMbrv-2FjSrAQyqKjYdis-2B" style=3D"color: #1D5080;" test=3D"= " universal=3D"true">Monash IVF</a></b> rejected a take-private offer from = <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73= BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FPlzIeW= VWfIOmy9Bbcjy2IQ-3D-3DWFKV_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4Bi= QVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha= -2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW= -2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUd= d0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlIt2lHkAYfpmeHbd7O9EDnMu9E8HQ= DPZrSQ5vc9MifXadNxWimun2fycDZxtcdIXtwNIOwrV45hHl86ShuJpMfYGfqbMqeXN5z-2FkAb= w9OZy-2B-2B5ZrtIsdXMve7o3dKK8hkkUTJVvcSz02HGtOy24hwnqeytK9cWR8gPCcJ0JZMO0g6= n0gMLfI-2FbTBzDD7I34De7YDiJAId9MRxM1e61pgniYmfbqpXHUvYOdOMyi0jwUjfm-2BAnoVU= 2IzssnjYhBwz4HsJcg-2BRTp13xl4GiTRWQob" style=3D"color: #1D5080;" test=3D"" = universal=3D"true">Genesis Capital</a> and <a href=3D"https://url6380.news.= pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv= snswouzXGIL-2Bn1YOu5myMdfiqTW3LmAMcJj-2B703HElLCR2sTVWQ-3D-3Ds9wk_Pr966knua= Hmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9g= reFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdru= zQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9Ui= Q0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1= d7xlwtAUfYlJYeMfjt0KiDNbB771gkT7j6-2ByAUx9ajln-2F2CZmvU-2Bu-2Bn-2FOsJh6EtBo= 0QLCd-2Bc1gdVkuNodJiJmiWiWILKsysT60rlTOzvifrxHdmdRzn4K51U1SHcS0UetoERlA-2Bw= Mpiz3Fswt51tU8VKD4s6nl8v3sN3xDpkumD-2Bs1eyQr0ok-2BASPBcC4zuGePpWqv9bzBiIAQ-= 2Bjj1uLKtQn5hVxwk2m4J6iDArdmbQ-2BSOYbiI7Kn-2BUMJTtEOOAn4HK6PBQu-2B-2BujuT9w= yIcqgP5NrwY4dxAeU" style=3D"color: #1D5080;" test=3D"" universal=3D"true">W= ashington H Soul Pattinson and Co</a>.<br><br><b><a href=3D"https://url6380= .news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq= M7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3LiwHS13EdtbbFFaRbyhr2zA-3D-3DZhMm_Pr966= 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By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2= anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySD= wTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTu= SiTrmUi8W5IsU1d7xlwtAUfYlJ80fCnD8x1xgORGzvTdd4kavqrJm0OUKcjLQThkj5J-2Fzusqs= 4fP5BO-2FN8woU0L8-2BaHEK2Ty2opDET-2F-2FujbVSNFr-2FF31-2FKbqiVeMry4Tm1LVlpss= Lg7OoGthX-2BG87DKG1fdiu5yBZEtAKpMaJ2GdROtVVUI-2FRYE0ZrQYbSyJq-2FaYMDeST9WZs= kNdGrfEqHUzaJd1hTkBLFEfxEG-2FyG1UionJnOkvyhcFNjhLDxAK8TSGOPAReJL354B6uXtnVS= Sg1WHtzAbUw55fScHmt4V2-2B-2FS" style=3D"color: #1D5080;" test=3D"" universa= l=3D"true">Sam Bankman-Fried</a> and Ghislaine Maxwell, is in talks to sell= a stake=E2=80=94potentially via a $40 million convertible note=E2=80=94to = a PE group, the Financial Times reported.<br><br><a href=3D"https://url6380= .news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq= M7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3LMqHJEdhUrJxbYYvTRkInRw-3D-3DrOG3_Pr966= knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2B= uK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YV= AdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YW= V9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5= IsU1d7xlwtAUfYlKXTjbsO-2FJJH-2BOAaMH1AWAt-2FZ4fzvJD4x5JyqgJq8dFc4WbnguCdBrh= lZefs8bqDVOOyHgi7NQLQlZy2DNXDqW8z9H2x4Atabfn7J6CAviFlaIw0Jcaqpm-2FGSAfhF0Xm= hYbS7J2mGfGjMQsZeZNOgSKp2etd9NCjrV15JSu6q3Q86fydxya1GGlOLJwIx-2Fx3P02lK6lgC= ATug-2FYqbafi4X1SAJvSHCe5kWdO5cqtG2FrjyRDpxq9lGSnfDtKVANniXxZfrTk2Zj92bg-2F= -2BWmCTNm" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Weinberg = Capital Partners</a> closed a continuation fund for <b><a href=3D"https://u= rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3L9thP8KrrwsJSpZzTUggRoA-3D-3DAcsZ= _Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y= 6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYr= FgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrN= CRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTr= mUi8W5IsU1d7xlwtAUfYlKxH9Snzxs2R2cnGHNQs22jSMbk6ly-2Bgv0SL3JDOe3kQcXp5GKhqz= 4FwBXETB9BCe8RCdlQHWRqfsxRdecz6eb7M-2Fc7zOWU3hZbKBPYpIOiS-2FfVpwFUyGXSBosDI= w1UsG70hkyYxzHAX9-2FMzekqcTGWvXt14WeVmxNPv1SR6b12WH6XPWFW-2FiOdvRwhiozgHcDi= Dmy0ADSxOpqvEfKmw48RsRRpSub7WlWRS-2BTfvLHf39IYLAdbIf6I5WTkiISNFhZeMDNv08hLw= 2RUD2xcUtq6" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Sapian<= /a></b>, a French hygiene and environmental protection services company.</t= d> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Exits</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXmBplKII-2BgMb9UdPs0E-2F-2F-2FgU8mAltw9kCP= 0vDOseZCRw-3D-3Dd1qz_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43k= bMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVBy= AYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ6= 3boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5= XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlI-2F-2B4Vl-2FcrB1jp8CRkdeV0CPd8JQE= Tm-2FJBk3RWExmdCyEgWzxUi0HtfaX4-2Fu59Q4sG7x114jCdG8w-2FITdbDH0zXCK4bv8ea-2B= hCED-2BXyrc-2FuOtHjNowTq4X7Kf3Ri3OnwHvYAVTIM7KMk6-2BuxeX7u9vXdGs5qXOPV42IKO= -2BSImi3k0j1noV5aNB7ZXL4FfWsnnf2GsgZp0eIxnJY59R6CfZvUWpA1-2BcncoOgxYXi6wIPN= coyRR43fsYaZgcSht-2BKzukb5eqjIDdO01hn81Zyt82y" style=3D"color: #1D5080;" te= st=3D"" universal=3D"true">Truelink Capital</a> agreed to sell air filtrati= on provider <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u= pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqT= W3LXbTDgi28LCqr0uVMmmrhhA-3D-3DkjZR_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQ= P-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffo= H4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y= 7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaB= gi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlLcBCS1PCwTWJhXd1s-2= FSEougQM1ldCMUsWN5ztqPY-2FqAQiKRdqTiZ4B4wUm-2BwJ6e8mzWLmxPTXcV4PzzNpDZKwhfc= GBuzpRFhPiWqb1eBeaZl-2BTKNLGIpU9mNU13ZKij3K9xiaCBSnj1SNMo7Ga-2B16nqaF1p6WzE= JGrcspjkKkcDWrSeoCPR1SlgSUa9cWb20FRM-2F2PYcPXBzo0FvbYq03fphFWqMAI0wj17-2F0v= 42y-2BZ3MJfyVRk7anArNHDpueKdEFUO7aUVj7sm6ieG2v7twY" style=3D"color: #1D5080= ;" test=3D"" universal=3D"true">Koch Filter</a></b> to <a href=3D"https://u= rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3Lew-2FXap-2BLK7I-2F2KFipplEdQ-3D-= 3D5a4o_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR= -2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqo= f2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozey= SDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDe= TuSiTrmUi8W5IsU1d7xlwtAUfYlLVo8ICxZHgyvUrvo5wdwX65jdXtLzxKeZvOHs5OLwVuaiaEz= SGu9mBbXow9-2F0gLkQBXXZkRIJebUTK4hoaq9O9XmC43L6OwAPq7jHivFouGJUlYwyaKesy-2F= kCwNCA9DzALC-2Fkw8sBTcOsyQAkqaOzSyId-2FONMO-2BFj-2Fe0C7QYIaeOcCby5HrL6p29eO= VlnIojjzTQRt97eCmdV81tZ5AkyJPxR4hSqg1pIzQX1soZuD53qAxsul2YBmGGSnBI2avUCdEA-= 2BTKmxB2c3iCLF7C-2F5g" style=3D"color: #1D5080;" test=3D"" universal=3D"tru= e">Atmus Filtration Technologies</a> for $450 million.<br><br> Cyber threat management platform developer <= b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3LKAIDK88P8j= PcF9j-2FvUE-2FmA-3D-3DVJMA_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4Bi= QVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha= -2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW= -2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUd= d0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlKSuFfJKl2qgYB33m8kcD-2BXdgY1= qhWVfJf3cspSAIv6ReCB6RWYvqwM5vKVq-2F-2BDJLt1AaAg6SzyFytZ9MpML6Nzwu1vYJ-2FhE= gp-2FIP2CkRSFUc91mAweP927Ftgjrz6tEqeuFx96O7LMrSKHPniiufh-2BxfawGZ1POZyeVzHz= fqmK4lywkj-2BGWYh8PFlOQJB52lYo58y-2FCRbyg-2Bv4bGx1x-2F-2B1-2Bi5RiOSZeOUDv-2= FfznNiezVoABTHP-2BWW6tj2cimbUHBbO18wnmVUd303vNwzxFBVb" style=3D"color: #1D5= 080;" test=3D"" universal=3D"true">Balbix</a></b> agreed to be acquired by = fellow Bay Area-based cybersecurity startup <a href=3D"https://url6380.news= .pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn= vsnswouzXGIL-2Bn1YOu5myMdfiqTW3L64Wvohh-2FpFfkbCcrrH0jMA-3D-3DJQ4D_Pr966knu= aHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9= greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdr= uzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9U= iQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU= 1d7xlwtAUfYlI5GcetNpjZf8MkNohNg5yo7apdsUmPV0kGqO-2BHonJP25fftQSAetEm-2FcNoi= gJJ-2F5sFINQmmiDvU2qkSi-2F5Yn2dj2NdQs1c1o-2FHqI3HPAMjm8hdejinwQ9qnQ1KhnVfVK= 3BVYs1dlNKJdmpzyTcXksyCCaowQlW1gLgBOInWaac2Sp-2Fe4fpijldc5GyOAOvrI8oWQM5n8c= iZk1Wqio-2FuzhxskSBwn6aP2qX7cAeef0gdKh6lIbY7g3PzqyBQFFOmN8GbPUM7YjeFaBvjaAp= fzLW" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Safe Security<= /a>.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXGIL-2Bn1YOu5myMdfiqTW3= L62A9fedSjAyhdLBVAdKnlQ-3D-3DYJl4_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-= 2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4= XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C= 2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi= 01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlLhe-2BcYVvQ9RIoGz-2BW= N-2FIo3MZlm6LpVCrCB9sT7U5X4ysUuT9kU0AcCdQ5Exjn28G1ISGoJX8DhUpAyf0gp3oWhyLxS= Fk9iou81S-2ByxKF-2BoPSOsJbaNGFPO328u5B39kFk-2BJ6il-2BtkLRAbIR-2BFRLw2E7VhQd= QIMl-2BzYmuNiueKhmsAYgGa3-2FMaOrfHfhuSRifQ4eeby6IQ5GDJARws5xQob3IYeDeNaq2Gs= 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: #1D5080;" test=3D"" universal=3D"true">Shawton Energy</a></b>.<br><br><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX3-2B0vtVWdMwnuH-2FOGqsGS9q0ycRsBNOzo6G= GjOzxP7SQ-3D-3DEx___Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kb= McVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByA= YnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63= boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5X= I7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlIriSyc-2F-2BzlQOeftKgUh6VYo17bpUXg1= -2BfwFifHY7KMgpbapYwrPhMnFVul3TD9m8E-2FAr6Gu-2Fsdt6517BNPb5vFuScTKdsEtGHzzw= a4kWH3lJ3DX9-2BTIH7gwh-2Fjh7gOylcwJZR02xivUtNlF5HT1VQr9lNbJvg5kXL7BjkSqetPg= lKfiybdg7jHg94gAK8qT5JI3KxeVi79mMzH84zlHFgYz1TLP6WcJ5IqmvdQJpHiz6m-2F3iM2Gy= 42xLDbn-2Fr-2FpJe-2FbdbKdSSug-2BMupU3Pj2rw" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Sullivan Street Partners</a> exited <b><a href=3D"= https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7S= pSWIrf6GFa-2BaqM7ONnvsnswouzX3-2B0vtVWdMwnuH-2FOGqsGS96VWwOFwzhQiYkZrd8arXZ= Q-3D-3DJ9cM_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA= 68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6j= bJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5= aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c= -2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlJeL4a-2FKysyfZmaYaPgMgDCi3-2BJEGuKIkZYuVKZj= KSK98Ynl2m1GYjGXk3Qv-2BCLU5qDvEEB1Bsz-2FYrr4xYYRO6iFAVDnRljjdgurYMX5pYWfjJ6= SCuTJ-2B3PvqpD4-2F6vEVSRc-2BgyLMCzvuoH2kL16OKHQ23wXupQ4mxUWVqvMxTBMKDFy0cEs= bxUCH-2BRZDjTvQ-2FjfAwwFH7yOAsAL3trobu8mhrVKDg72OaorbFG-2F3dWmUU8loPKZxGTSf= HWOoaWqNas3-2FprdRoD25KYhl4Vsel3" style=3D"color: #1D5080;" test=3D"" unive= rsal=3D"true">Octavius Infrastructure</a></b>, a British civil engineering = company specializing in rail and highway projects.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Fundraising</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Abu Dh= abi-based firm <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/clic= k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX3-2B0vtVWdMwnuH-2= FOGqsGS9lOXWtsBUH93NTb-2B2LNKGNg-3D-3DS5-C_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uw= lJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp0cRPkMD4UcqIsitB-= 2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg3fy5KhA-2FF4RuR-2= BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZeizS075Nd2uCQZxBf= yfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwtAUfYlL0wF1HR7Skgq= FDq20eQIjf58wAC4uvEBZR1WYTFAsiQP5PjvS4x6TenwcZOkHWXfQfP2yWDbJMJ6DX9YcPvnE1F= qMlqheYI0vUHJ8N9ENXHKbOK-2F5iWPMr4gNbYf0Qq7SsqpZf71cpx4N4Mc0CeRd-2FlK0-2Fe9= r5Ikc3UDy-2B5v1IJzaDmXj12te8X6ibzGEucymS33tKXUnJHXrH0ABnA0PXqVXvH9q99T6Iq4t= nLWSokZ80x-2BpI5-2B8azKjjkTnUq2gape1jBKLinCpjJlujvaLx" style=3D"color: #1D5= 080;" test=3D"" universal=3D"true">Lunate</a></b> is in talks to commit $1 = billion to UAE-backed AI investor <b><a href=3D"https://url6380.news.pitchb= ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou= zX3-2B0vtVWdMwnuH-2FOGqsGS9XNYL7ZSu4xAHj9ePRkAB8Q-3D-3DuOCL_Pr966knuaHmaw6c= 7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR-2By8y6HR-2BuK9greFGjp= 0cRPkMD4UcqIsitB-2FBvffoH4XMj72Ha-2FVByAYnJiHl6jbJwqof2anYrFgE0YVAdruzQzXOg= 3fy5KhA-2FF4RuR-2BbKoU2Y7C2kXQhAW-2BOJ63boj-2Bj5aozeySDwTrNCRc7YWV9UiQ0CKbZ= eizS075Nd2uCQZxBfyfjkxaBgi01SFKUdd0ArA5XI7Uy8u2c-2FDeTuSiTrmUi8W5IsU1d7xlwt= AUfYlKxpMTL4kmnysXtJ8DH-2FFlSX45gGo6GifAlP8sgR-2FMosp41eHbhPdkUgWFR8DlTZZuA= 9x2QrTL7n51f-2Bobznk2Y9kAqeRah-2FS92MCPw62l0vvkP0OJxw2UouakGzW8-2BgE1ovRPIs= najap-2Bdas5-2FdpLQqXHjCl3SJ7ZWfPUD5vQ-2F8PmYhAU8sZ7lTEQ7d-2B0Q6RMGdPxarrqJ= Hbb-2By3eQ3n-2B0idE9GUMBvPyZ9CCG1TazwxFu7bSgMnwJIqGKY8s-2Fnzr0uPeracLL0qzFI= xPoh8rG" style=3D"color: #1D5080;" test=3D"" universal=3D"true">MGX</a></b>= 's new funding strategy targeting as much as $25 billion in commitments, Bl= oomberg reported.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/u= ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX3-2B0vt= VWdMwnuH-2FOGqsGS9rF2BzTquxueJHBJyoNtZug-3D-3DH3Sg_Pr966knuaHmaw6c7pKvB-2BC= 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</table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Chart of the Day</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX3-2B0vtVWdMwnuH-2FOGqsGS9QB-2F= B57r21LQEXgsUU1FCIA-3D-3DFMbp_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR= 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