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Edit File: 1769173628.M558161P2405263.server-619288.prediksijaya.com,S=198017,W=201538:2,a

Envelope-to: vetyl@ponjosonek.com
Delivery-date: Fri, 23 Jan 2026 20:07:08 +0700
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Date: Fri, 23 Jan 2026 13:06:24 +0000 (UTC)
From: PitchBook News <news-noreply@news.pitchbook.com>
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Subject: Startups' buying spree
To: vetyl@ponjosonek.com

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style=3D"color: #78766f; font-size: 1px; display: none !important;"> US PE =
gusto for Europe wanes; Capital One lands fintech Brex; the first crypto IP=
O of the year; EQT snags secondaries firm </span></td>
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n></td>
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sp;</td>
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 weekend is in sight!</b> Today's Daily Pitch covers EQT's deal to buy Coll=
er Capital, the recent spree of startup-to-startup M&amp;A and a <a href=3D=
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luster end to the year for French markets</b></a>.</td>
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tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
erif;
                                                                font-weight=
: 500; font-size: 20px; line-height: 26px;"> Tariff fears hinder US PE firm=
s' forays into Europe </span></td>
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idth: 100%; height: auto;">  </a></td>
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8px; font-family: Roboto, Arial, sans-serif; font-size: 10px; line-height: =
27px; color: #78766F; text-align: right; font-weight: 300">(Chip Somodevill=
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cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
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                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>By =
Madeline Shi, Sr. Private Equity Reporter</i><br><br>
                               The unpredictability of Washington's tariff =
policies is disrupting a golden opportunity for US private equity firms=E2=
=80=94acquiring undervalued European companies.<br><br>
                               Fresh fears about a trade war arose earlier =
this week following comments by President Donald Trump, who, in his pursuit=
 of Greenland, threatened a 10% levy on Denmark and other European countrie=
s rallying behind it.<br><br>
                               He withdrew the threat Wednesday, indicating=
 that the "framework" of an agreement over the island had been reached.<br>=
<br>
                               But the flip-flopping is impacting US-based =
PE firms, which at the end of 2025 were actively hunting for attractively p=
riced assets in Europe, including German industrial companies, consumer dea=
ls in Italy, pharmaceutical businesses in the Nordics and technology provid=
ers across the continent, said Christopher Sheaffer, the global vice-chair =
of the private equity group with law firm Reed Smith.<br><br>
                               "We've seen people slow down the processes. =
They are trying to get a bit more color on where things are headed to [geop=
olitically]," he said, adding that these firms were pursuing cross-border t=
ransactions, as well as investments in companies that operate primarily in =
Europe or the UK.<br><br>
                               Despite the announcement that tariffs are no=
w off the table, "Liberation Day taught us that it could be short-lived," S=
heaffer said.<br><br>
                               Europe has proved a happy hunting ground for=
 US firms grappling with sky-high valuations in their home market.<br><br>
                               In July, KKR agreed to buy London-listed pre=
cision measurement group Spectris for =C2=A34.8 billion ($6.5 billion) foll=
owing a bidding war with Advent International. The same month, Advent acqui=
red the cleaning and household products business of London-listed Reckitt B=
enckiser Group in a deal worth =E2=82=AC4.1 billion ($4.8 billion).<br><br>
                               The valuation spread remained significant go=
ing into 2026. US equities had a mean price-to-earnings ratio of more than =
22x as of Dec. 31, compared with 16x for European stocks and less than 14x =
for shares in UK businesses, according to JP Morgan.</td>
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ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXwmFSfTTEnvcIBliO=
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rsal=3D"true">Global Private Market Funds' Dry Powder Dashboard</a></b></td=
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=A2 <b>Capital One has agreed to acquire Brex,</b> a corporate expense mana=
gement startup, for $5.15 billion. <a href=3D"https://url6380.news.pitchboo=
k.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX=
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2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln7=
0b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB=
7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJM=
iV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoahnsSwk51HcehbYOgp-2BMu=
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                               =E2=80=A2 <b>BitGo made its NYSE debut</b>, =
kicking off what is expected to be an active year for crypto IPOs. <a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXwmFSfTTEnvcIBliO7yeXzhJViBGR-2FSk3r6l6vLqj=
0pA-3D-3D1KvO_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U=
YA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2Wpi=
yTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCX=
L9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2F=
DH4uYDoabwcoasZax3kD7UtFizWzRUlJ4cYWLZP0D-2Flw0qpuE9FEvd4yNFDIBsz4y0esCWI-2=
FudFEoDeVV1fdMuZEpBdSzPiKenx7-2BwFv-2Fzm1-2B8gECImNDOoSW5p4zmgsyEsDT1UuySNq=
pj9sMp8ZDUk5y3hA1hLvQKAOkOiqa3JonELH9zB5o4PPVcL160gvIMypKF7ASXyacg8oPIDqB2W=
X4c2Fo8ObbmTgK0zGLuMCAiWZKkphFUMtF5cQYHvXTq4R9DIjUoh-2FCDl2gOv1-2Ftms3QRfRv=
rd8b4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Read mo=
re</b></a><br><br>
                               =E2=80=A2 <b>EQT has agreed to buy London-ba=
sed secondaries major Coller Capital</b> for $3.2 billion in a bid to catap=
ult the Swedish PE giant's expansion into the secondaries market. <a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXwmFSfTTEnvcIBliO7yeXzXtNQEkYxBRa0QK-2B5hd8=
nzA-3D-3DI08q_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U=
YA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2Wpi=
yTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCX=
L9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2F=
DH4uYDoabwcoakxXOE1FiWrUlf28-2Fr68i8XyLPf6lnrZv6faxf2spZnslafAEsPwAp82YmL8B=
B8ClQzpmYx7ihq5PDZm9S-2B-2FWRSEdLQZFYWWO3zY0rL0iMb088yrUG-2F6Dtq8eDysg2zGON=
cfblGlKi6tyNuGZfv2zUm8jbcUpZ1oU7uMbL4jxak26GpsOfZOOZp6ZMvaViLM9mG6XArP1VpSz=
02Rsz-2FqG3Jk3QGpmFarcHU1ldxnhhfbM4XtqlAMPBtj5l42usy4svoVOGkT-2FgC8SV-2FvVR=
zxUj8-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Read mo=
re</b></a><br><br>
                               =E2=80=A2 <b>Just out: Our Q4 valuations dat=
a for public companies</b> in the enterprise SaaS sector. <a href=3D"https:=
//url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzXwmFSfTTEnvcIBliO7yeXzp4KHnytf9gkomrB7lZ1EFA-3D-3DBam=
6_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA=
-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh=
8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5Vlwn=
pMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwco=
alq45AP1txJ7XplCeOERXHQZS02el3UY5Iw9-2BinLVALYlbRvK2Bbq2jPj1m8a3z0EYKitGf51=
dtNx60jjThi7-2FMxDprl-2B-2F8teUFtcmB7O-2FdAI-2BHqj2VEXyq5bgIknonrPp-2FfwWcO=
LiS9yHm48Gy3bkI1ymhtQlDwLTAi99xwuIGpTyQbfw1Qw4nh3jGolWJo02dq34CZL03YAUMkZH3=
dOkSlKH2WkJSgfh-2BHmCn7cZraZd1uPtuRmj0C6voGdcRIrmVi72TMRywtsfAWdQ-2Bmr90-3D=
" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>See the data</b=
></a></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_576780" id=3D"n_576780" 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 startup-on-startup M&amp;A=
 spree is not slowing down </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>
                               Startup-to-startup M&amp;A reached records i=
n 2025, accounting for over a third of all acquisitions of US VC-backed com=
panies, according to the latest PitchBook-NVCA Venture Monitor.<br><br>
                               It's the latest sign that venture-backed com=
panies are growing fast and using any approach to stay competitive in the a=
ge of AI.<br><br>
                               "You're seeing a whole new set of companies =
that financially look like public companies, and they have a lot of cash to=
 play with, and they look like good homes for other startups," said Madrona=
 partner Vivek Ramaswami. The firm's portfolio company Numbers Station was =
acquired in May by Alation.<br><br>
                               "These markets are getting so big and so lar=
ge where, in the past, a company would just die=E2=80=94now it can live."</=
td>
                              </tr>
                              </tbody>
                              </table>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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ing=3D"0" cellspacing=3D"0" lang=3D"x-image">
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                              <td align=3D"center">
                              <table align=3D"center" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0" style=3D"float: none;
 ">
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                              <td align=3D"center" style=3D"text-align: cen=
ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXwmFSfTTEnvcIBliO7yeXzCUoHzSxpM=
ZF5gUnwuocxZA-3D-3D5AuL_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oH=
Oftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2B=
Z200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7j=
k1plj8R-2FDH4uYDoabwcoaqjGFsTpZlCz-2BueS4ZoJm2XT5V-2FEvZa-2B5bbSxZth7pSXc-2=
FKZKrBIJiYLLZ2lprdBBLRTYzpv6dM3-2B8Z3K7fRUgGzylp30J2bK8vIGgIlSYUDHJ0RuC8yia=
0STk7yOH6FqTnnFagQo9a5XP-2BTBgFUoUL88MVikw37tcPpe9ic-2BstIw8nDCdcXfhXFPyn6-=
2FZUKHs76cmkn02EhuWxLgnsTWmoTA7npeli4FNDj7a6cgVg7gdenHZBXFYvZgQ2ikLCK6F-2FW=
yTymeBvtGGlxeJzeMEA-3D" universal=3D"true"> <img align=3D"center" alt=3D"" =
src=3D"https://img.pitchbook.com/news/72397.png" style=3D"border: none; wid=
th: 100%; height: auto;">  </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table>
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">AI is,=
 of course, at the wheel of this trend. Baseten, an AI inference infrastruc=
ture startup, made a December acquisition of Parsed, a reinforcement learni=
ng model developer. In October, Nuvocargo, which develops AI agents for the=
 logistics industry, bought supply chain automation startup Mentum. And in =
September, AI medical search engine OpenEvidence acquired AI advertising st=
artup Amaro.<br><br>
                               "For every one company, there's 25 competito=
rs. =E2=80=A6 I could definitely see a No. 5, 6, 7, 8 being acquired becaus=
e they have really good talent, but they can't execute," said Ramaswami. "T=
he most positive thing is the market shaking out between a high degree of c=
ompetition=E2=80=94there's just more paths to success, if done the right wa=
y."<br><br>
                               To Ramaswami and others, that would mean ful=
l acquisitions of a startup, where its entire team gets a soft landing=E2=
=80=94unlike the recent headline-making "acqui-hire" deals that typically o=
nly benefit investors and executives.<br><br>
                               Another driver is the recognition that while=
 the IPO environment is improving, the bar is now higher. Acquisitions can =
help companies become viable IPO candidates.<br><br>
                               "That [revenue] bar was about $150 million i=
n 2019 to 2021=E2=80=94it is now over $500 million," said Anders Ranum, par=
tner at Sapphire Ventures, an investor in Alation.<br><br>
                               "Emerging interesting categories have spawne=
d 12 to 15 startups in short order, and many will not graduate to the next =
level of financing, which means selling to a private rocket ship can still =
be very meaningful."</td>
                              </tr>
                              </tbody>
                              </table>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: =
100%;">
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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-2BaqM7ONnvsnswouzXwmFSfTTEnvcIB=
liO7yeXzsTonOk-2BHtwxba1uqlK-2BFBA-3D-3DF7z2_Pr966knuaHmaw6c7pKvB-2BCEiDnj5=
UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT=
5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNs=
ImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V=
3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoapLqS2G5-2BtVn8ab81SQP3-2FtIr83x=
bqQbumjuybcGyJPHavz92D5L-2B8RPX8PJa26aiHYlj2PGki1BUkxzB7zKrK27E04TNkYnHGwHJ=
U-2FoOx7jLMi6eskAKwc2Pt0njB-2Fht9LcEu2mBr1ACulVAcbf-2FnM3HTX-2FPYO-2B4sIpnN=
Fw5wcGk8-2FTEmBbZiZhFwww-2FiUXRBBMm1f4nJs21WNnClqiG8hYKUnlog5-2FpPBnoUR0EVj=
2ltaeceojOlQ5AXWLUdm1r1fvSm469g6OOVlFSgM-2FaGI-3D" style=3D"color: #1D5080;=
" test=3D"" universal=3D"true">Q4 2025 PitchBook-NVCA Venture Monitor</a></=
b></td>
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                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Sma=
rt reads that caught our eye.</i><br><br>
                               =E2=80=A2 <b>Is SpaceX committed to being th=
e first to put data centers in space</b>? If so, it could mean an IPO soone=
r rather than later. [<a href=3D"https://url6380.news.pitchbook.com/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUXYiGFxkZM-2Bkdjl5=
XIyFYOzIZ5GcBe0heMxLO3dD9a-2FQ-3D-3Dh2TL_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ=
YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-=
2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXy=
ZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3Cap=
OFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoat1rdjUbRWK-2F4ormJSukipJ0xsbCHidlfd=
1xLMNGdQcM-2Fi2CLKNQ9UTrqqtNllfk5drVNW1s3AsXH65c-2Bhp8x1R4jbruGVZKD1dRpunQe=
WttmNk1h13igczD-2BBKzsyCh60XJo9f9WptXscY91LqioureGWE9fEO56S5LQWHvq1GujkCOlh=
nkwpbjO3mm2eX6hpl3isDFY7afM8W9uu5N5QiYbfNjt926qBgXceyzJYbSRnnb6YNy7LAYhIM2U=
cZriVNsKGBLli8YJmJDL29aJLg-3D" style=3D"color: #1D5080;" test=3D"">The Wall=
 Street Journal</a>]<br><br>
                               =E2=80=A2 <b>Fracking, honed in the US, is b=
eing used more and more often globally</b> to reach hard-to-tap oil and gas=
 reserves. [<a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du0=
01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUXYiGFxkZM-2Bkdjl5XIyFYOLP0F=
PIQUMSDl5QPezpJ-2BFQ-3D-3DGaYp_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BH=
R4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4=
jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRz=
x87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZG=
L3SPO7jk1plj8R-2FDH4uYDoabwcoaoSmr0DBIf7C6ep-2Bah-2F85-2BaLs8iobUvGKOeVAFUL=
irPCqHTP9wZsolNn3BuFMNqm48OQPS9IQbbO-2BTykg2WiHHp2-2FE9j0e9elwKqnjWspwVThqc=
pdsHOBVvtFxauC-2B6dNk-2FhGPxJDfrCfu963o-2FmmG5TBcfmRUuWWDcVniQwWSJfcrhQ-2FB=
SEsJfY6f-2FVZy4hHzlkCMlqYHe6TgHV-2BtIFWFY2SUoEZTfW0Sl8TnuVKcGv2E5zYacOFIRpi=
2sOnnv2xmDiYJFphh9vWwscRsW8O5M-3D" style=3D"color: #1D5080;" test=3D"">Busi=
nessweek</a>]<br><br>
                               =E2=80=A2 <b>Welcome to the era of the Polym=
arket sharp. </b> They make millions betting on prediction markets. [<a hre=
f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7=
SpSWIrf6GFa-2BaqM7ONnvsnswouzUXYiGFxkZM-2Bkdjl5XIyFYOv8UhQ7rBJGrLZ25aoK5-2F=
5w-3D-3DFvYz_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UY=
A68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2Wpiy=
TNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL=
9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FD=
H4uYDoabwcoapin0V9OUsIc4GhgThqSdSX6MMVXuqGlDDAc-2Bp75XW-2Brn8ZGuz9wcAdxDrjp=
iValRTi1Hqi7DyVvhDFKTmmHfhzE9vJdWk4KxdENowfYnlPtqPCOfx1Xvy1HpgJKJQpuw-2F6fL=
iUiCZ9INzNd31pNNZ2Q-2F54fDR9bWBd-2Fp15qvZXcMW7QzoLrq1-2BbOyUKwuy-2FtyKK7xcg=
mQQ3-2BSlcJrjPzVKfaB11-2BG4SfZrwI0UKZavbjqvEu30eqEPVCYV-2FBFtJVfy64aNmvWBUa=
-2FIgtMcRNSk-3D" style=3D"color: #1D5080;" test=3D"">The New York Times</a>=
]</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table class=3D"                " cellpadding=3D"0" cells=
pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%;    =20
">
                   <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-2BaqM7ONnvsnswouzUXYiGFxkZM-2Bkdjl5XIyFYOxzIQRMv8vggFu-2FvZDTrFtw-3D-3=
DzRh1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR4=
6qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO=
2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5=
VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoa=
bwcoaq7Q8UjwHwRmNdjsmcGWYvykcItKyVlrdvNR00xlV9tEURocHLGPqcSP-2FqulUOza1uctA=
Jt4YvhBbyzS5Er5pN7OCXyp4-2FAwOcMaX9BgF3GP1kghlsWNyKkbTMf-2BwgvJz-2FhjZaqzmx=
rP6oT6vXAU-2BA3ZxPZJzSLYI-2BghK9iSbIFHnP5ZD-2BQSiOHbm43r5v1xl8r92ofugvDYTXS=
8CA5QFw3-2B6UyRk3w-2Bk-2B7DLVr3diyA7-2BNmE79HQE-2FXnjRmS5L5ezvZv4VwBx-2B4Mq=
8tIFv-2B7jE-3D"><img width=3D"460" src=3D"https://img.pitchbook.com/ads/ad4=
445/Monroecaphba.jpg" alt=3D"Ads" style=3D"padding: 0px; margin: 0px; borde=
r: 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"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-top: 26px; padding-bottom: 37.3px; white-space: nowr=
ap;">Since 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: 25%=
; min-width: 25%;
                                                    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;">
                              817
                              </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:=
 25%;
                                                    width: 25%; 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;">
                              2776
                              </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: 25%=
;
                                                    min-width: 25%; 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;">
                              1043
                              </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: 25%=
;
                                                    min-width: 25%; text-al=
ign: center; float: left;">
                              <div class=3D"outlook-caption-override" style=
=3D"float: none; font-family: Roboto, Arial, sans-serif;
                                                    color: white; font-weig=
ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;">
                              24
                              </div>
                              <div class=3D"count-type" style=3D"float: non=
e; font-family: Roboto, Arial, sans-serif;
                                                         color: white; font=
-size: 12px; line-height: 24px;
                                                         padding: 2px 8px 0=
 8px; -webkit-text-size-adjust: 100%;">
                              Funds
                              </div></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td>
                          <table lang=3D"x-counts-btn" cellpadding=3D"0" ce=
llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                           <tbody>
                            <tr>
                             <td style=3D"height: 25px; line-height: 25px;"=
></td>
                            </tr>
                            <tr>
                             <td align=3D"center" style=3D"padding-bottom: =
13.3px;">  <a href=3D"ht=
tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzUXYiGFxkZM-2Bkdjl5XIyFYO3h9N9mMA2H1SNDNe49-2F91Q-3D-3=
D-Ops_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR4=
6qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO=
2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5=
VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoa=
bwcoah2bGz12P-2F1Nifcvsm2dqUOFp-2F3bFnmtmQcyt6cDs7dd-2FcIQdCUirR26fn7CKdRB5=
KR5cnXRGQw8iXiTC9rKx2PREH-2FSwQXObYiKdlbNVuujErICh-2F2IMfBsGOgXJ-2B6wfQxLls=
U4ADiIRuVOw5w54QannyAB6SGdm1zmneNgXc1W03P2kWyID-2BZ2HLSU511vmBTDmmESKzDmo9r=
Q1omG8V9Wr7N59w4PC5llh7JXLAf-2BOyAI4a-2FtjGViGaXuFpFys-2FiDyQDVeQqSpZYj8ImR=
E-2Bs-3D" target=3D"_blank" style=3D"display: block;
                                                          font-family: Robo=
to, Arial, sans-serif;
                                                          font-size: 12px;
                                                          color: #000000;
                                                          text-decoration: =
none;
                                                          line-height: 24px=
;
                                                          text-align: cente=
r;
                                                          padding: 9.5px 21=
.5px;
                                                          border-radius: 99=
9px;
                                                          background-color:=
 #F79B3E;
                                                          width: 150px;"> R=
equest a free trial </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 height=3D"20" style=3D"line-height: 20px;">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_576830" id=3D"n_576830" 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: 2014 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: 72.51095804633688%; mi=
n-width: 72.51095804633688%; max-width: 72.51095804633688%; background-colo=
r: #1D5080;">
                              <tbody>
                              <tr>
                              <td align=3D"right" style=3D"padding: 0 4px 0=
 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,=
 sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">11.58%</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">15.97%</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;">
                              1.30x
                              </div>
                              <div style=3D"font-family: Roboto, Arial, san=
s-serif; color: #000000; font-size: 16px; padding: 0 0 30px 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=
swouzUXYiGFxkZM-2Bkdjl5XIyFYOau6bBmPwaSlcfl2pOPNyGg-3D-3DDkWF_Pr966knuaHmaw=
6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVx=
L0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK93=
9sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2Bdj=
I6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoaj9YR5wNxsNyqEP=
t-2BMDgVhQFp64BIrIn5NJ4OQU3FIyVwjj0u3y7-2B2Wrg3ZiATYxjU0YmrmwLFHLZB365UsEwI=
C-2FJNLERjS79bvQ9ZmXkzKxEgEvXgwFUB2la-2F3AZtEf7nbBV-2BTWiF5WPc6Nh2U-2BQfS9P=
DwfF4mzZrNe4YTRvRkP0QgioCi4WlWLU7mBCkLKmdFZ9kzc9OFI6kOukxNXj7xyJuCQ2x6CZG5j=
1yoRGZ7xwnZ3XnYbZTkwhZdsGP-2BG9P0MCYNZNE9BbyUX80954EA-3D" style=3D"font-siz=
e: 14px; line-height: 24px; color: #1D5080;" universal=3D"true">Greenspring=
 Secondaries Fund I </a></td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              <tr>
                              <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" class=3D"performer-content" lang=3D"x-performer-content" style=
=3D"min-width: 100%; font-size: 14px; line-height: 24px; color: #1D5080;" w=
idth=3D"100%">
                              <tbody>
                              <tr>
                              <td height=3D"22" style=3D"padding: 15px 10px=
 0 5px;" valign=3D"middle" width=3D"80%"><a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzUXYiGFxkZM-2Bkdjl5XIyFYOzF68WpvraYlYiwuftCS6bA-3D-3Dzs5n_Pr966knuaHmaw=
6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVx=
L0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK93=
9sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2Bdj=
I6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoajXPj7-2FsSA-2B=
ZFc9hsu9-2BeQyfm2vpT8IpeCrcRBqxIqpUjsst5TCpC1RLogOPdL3ijpcCroQfns0OGX6BED1T=
NeCVB2uqqOHgUSZcn-2F8qySJL51J6Vr-2F-2BNnSMqPE7P-2B-2Bcf0dZxTgqaECVHfTyP29UE=
s-2BHYkxZJp0pqLAsS6zFOICKfFSVCPYCCItHyiSt8mEz0iHJMXTR-2Br1Vcasvha3dt23wqvX6=
L6z-2FoHsPrkjzFmgPZNDktfuQaLVv32Ua90cWvtzQjNboOwVly2FapUTE0EU-3D" style=3D"=
font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D"true">G S=
quared 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=
swouzUXYiGFxkZM-2Bkdjl5XIyFYOQpPjbR2Z8YC8BvrYLO-2BEyQ-3D-3D5p9E_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4td=
VxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK=
939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2B=
djI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoasWdGLLJ2-2F6=
WTgvH3t-2FBc56h89f8h-2BTJM3Kuj-2B-2F6bET1hvFOr-2Bp7uA-2BuJp3T7cW8on6Qbevq1J=
pfbZSQPmas0EHjQSPUPqZ3AJfIjDdRTRSKGZEgnD5B3v1MlOqeH4o9hCcx0-2B4kLilb1LPZxwi=
KxMwfrylU6WXV-2FPrJzR37KtWqlV4ecPHc6AEvFGjrq-2F6VIlU7bgAksAXiA1PY0kKGA8zeXv=
kKq6KWVJnDNObVjPzyx7DOlyAYODKRmuBNS-2Fgw1Bg1mHzN3KdthFMNgECSbvQ-3D" style=
=3D"font-size: 14px; line-height: 24px; color: #1D5080;" universal=3D"true"=
>Glouston Private Equity Opportunities V </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-2BaqM7ONnvsnswouzUXYiGFxkZM-2Bkdjl5XIyFYO7kNN=
XNceTo25Lmg02f4YkA-3D-3DchSw_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4=
BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb=
8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx8=
7u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3=
SPO7jk1plj8R-2FDH4uYDoabwcoar92LnQky48BJjSfH3CPZ18pouyLUJ819va707FeoyWLE-2F=
JJ1ZcXLgaV3LRFsDWxG-2BWokmbnqTKOSR4y-2Fgpo5PyhCjDJXzOLnlzCNrIWtWO6QRvGviroz=
5IECbK5b7N4NQG49kcKR-2B6C-2F-2Bqus4cgtZQKMqGXHxSfbNMTBT00xOArXLAufJAv1SSWX8=
NIC4-2Fmnyb330wnrHT6rW-2BhthsbnEy31Sy-2FuBMAVmVWsskYYniL-2BeYx1kjRcKo-2F3wx=
lzRqWCv495caaXNerDWtz7nSkLQw-3D" style=3D"font-family: Roboto, Arial, sans-=
serif; color: #1D5080; font-size: 14px; font-weight: 700; line-height: 24px=
;" universal=3D"true">22 Funds in Benchmark&nbsp;=C2=BB </a></td>
                            </tr>
                           </tbody>
                          </table>
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Check =
out the latest version of <b><a href=3D"https://url6380.news.pitchbook.com/=
uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUXYiGFx=
kZM-2Bkdjl5XIyFYOtUycB-2F0rpfUO9IBFrofODg-3D-3D3K--_Pr966knuaHmaw6c7pKvB-2B=
CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b=
22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7y=
G-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV=
-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoagRDosI5WYvw-2FAhXsYFKc-2=
FxecbPO8D1cVBg1pUzVF5HQ5Dw75x8iDkbHVqg5al7qfAuTTCZ84exqapBa-2BTKcpt9GVDr2Is=
TWCC-2BD9jnk3PtPLHxZx6n1wcl04O3JVGX2HeoWXSk5-2BmQ5rXq57YUwE-2BCKJG-2BvCTxtx=
9AEcIcOqCWkXJ87sdoJgSSaeG6fRscHTqikDwmEvj5nWyWprHEbe2GB4y7S7uD5vZpo334vwyZY=
ildrypL0wdn8-2BR8if6RptDfjYNbSOVH0ScwMA-2BX8h-2F4-3D" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">PitchBook Benchmarks</a></b><br>
                               &nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table class=3D"                " cellpadding=3D"0" cells=
pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%;    =20
">
                   <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-2BaqM7ONnvsnswouzUzPOxkDNmklgazuPfaEolwBAcpaC1ZfofxeVo6Ak3uSA-3D-3D_Bx=
v_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA=
-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh=
8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5Vlwn=
pMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwco=
aqv2g1yUftpg949moTDJ4ybGjZ46DabrsyKWEmxvXoT8288wQ-2FwHNfPeFf-2FIh6M68j5rLup=
7sQNH7RbykizJFDsesndmtCYT0VLbXjZgGYHpiuBOe26sLm4V-2F6rnx-2F-2FoHutL32IoMwAX=
NDi7ewJdnOJP0jbsROIxk5kMSqiCip7O3rFqpqHfsV668-2FCaRpxIMAAg3vxhHiHbdpdZcnQrt=
7FRLc1aOtH59BezqESYagkaacJNmO5YlhHXY41SdsvmQUJl5a5a6ywgz2zv9l1fXzs-3D"><img=
 width=3D"460" src=3D"https://img.pitchbook.com/ads/ad4463/ChurchillHBA.png=
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ck;"></a></td>
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                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>People</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
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                   </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-2BaqM7ONnvsnswouzUzPOxkDNmklgazuPfaEolwFPQgsP7LwNewh5EqJgf8=
zw-3D-3DpTnQ_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UY=
A68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2Wpiy=
TNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL=
9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FD=
H4uYDoabwcoas7GYYaZLMctdEOiBoBR3-2Brf-2FZR8SDdETDL3EL69mkoRJfXWeoTtatRXA9QZ=
9gwjpImfzpPNhhRc5-2F5GsjDamMCT2u7KgBHkLVBfrYDqVXpxwvGDzEk0OvSK-2FQG0KSamWI4=
nioW0cyZEB8DKZV8PnH-2Bg1YJljRmnWrn4DnyLP8hkT83U4f2iaVYraBjER3RDRZ0hdHmzLSjh=
9pcTbF8BlneGrtMdZ-2Fz1P-2BqaXfWjJSZadFNuThWF6i4NIGrEyBSJQD08A6Lseq4ypvxSYGo=
9HiA-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">British Col=
umbia Investment Management</a> named <a href=3D"https://url6380.news.pitch=
book.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswo=
uzUzPOxkDNmklgazuPfaEolwUHB-2FnK9cWrLJhx6MKWWLWw-3D-3Day2m_Pr966knuaHmaw6c7=
pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-=
2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJ=
fLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i=
6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoameRqfTDI9xvPLyN8P=
dksvJlQsiC4zuxh4jlIIZdco8KRxHOMyTFC4yu6QUuG5ph0ymfbudQaps0IzP4d7ox90lHDTgQ4=
2T7GgmffDXZLIhV1KmT9PcyTuCQek6OkEXRRtRhzi4H1JwU63APVf4O3oFjqPk-2BnBSpqeuA2Z=
jQIu0heVx5OCVa8KWxmMU1orY5eBRr2GLS-2FblGRbGrdADICQugcHIv8-2FjJ2ybOFzQY5gBoE=
eY7eSOxITPq1BV6C3ZOrYpMC-2BF-2Fpe0X-2BukD8aMoeDI-3D" style=3D"color: #1D508=
0;" test=3D"" universal=3D"true"><b>Jon Salon</b></a> as its new global PE =
head, replacing <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?=
upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUzPOxkDNmklgazuPfaEo=
lweresgwbXh0vAN2zjNsiBcQ-3D-3DJdd6_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP=
-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQ=
Yss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT=
6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG=
2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoaj1QhA87W-2Bv9kl-2F6kEIRVboAXklkfd55XW2RZB=
V52sQrziKnxzF4mIRNeTao-2BtQ06khJAQ-2FFmlGk6jw0hIiTFTKxTy5eKnvfuIIWchP-2FUP5=
I4KWwGcvZ42Gg1JddXxla50FkJd9yLxDuYY2DGvXy4L7jr8PPfwcFs1I8Ycm6tlu4Ynzvq5jJ9e=
C7dVBxg7RP-2Bvu-2BZ5YyX990h-2FRPP-2FFE-2BUuUh0h-2Fd-2BjK45fT2BCRoArxwgXunif=
GpjDczjCLZnwYndmKgYci1F-2BiMwPrFx1-2F9fA-3D" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Jim Pittman</a>, who will depart at the end of the=
 month. Previously, Salon led Cigna Group's Evernorth Health Services.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>VC Deals</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">San Fr=
ancisco-based <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click=
?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUzPOxkDNmklgazuPfaE=
olwKPjtKEeR4izLSdVABobz5Q-3D-3D7Asy_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQ=
P-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OH=
QYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIM=
T6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmV=
G2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoaiXJigLJzvHuGTUEq-2FtG04VIrSVPI1bHfRbtGzu=
JPcq10ZDFjoRmiG-2BnTEJZiAKoo1xIXlwLYhRF9YDHNLWfE9fEtI2O2o2YJGgtlkjhaMfo0Xan=
Fs6xf1KJBHjD1JLJS11zmbEzREAJO4g7HUmzISGL5Xz3yWXjC7Fej-2Fjzy3U8FX6-2BQcydaJY=
9J9sXM4QC4B7nhxg-2FAqjYHr9ou-2BjYyIxw5Ra1i1Gl3DYMZ2wu7K696-2Bwo4J2iOz52IEk3=
MGQzOSJwpZPQbEoqFaRnv5cpwCw-3D" style=3D"color: #1D5080;" test=3D"" univers=
al=3D"true">Zipline</a></b>, a startup building autonomous delivery drones,=
 raised $600 million in new funding from <a href=3D"https://url6380.news.pi=
tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn=
swouzUzPOxkDNmklgazuPfaEolwUVawI6rTbez3UTdxPWznsw-3D-3DB4xl_Pr966knuaHmaw6c=
7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0=
-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939s=
JfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6=
i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoai8uVWi7ImJzw14yX=
timccTEp2vDSbpkRmT-2FALxuLoBV4fV-2Fex-2FOqDFP6rhwly4R-2B3H7FWNYeOXrqXLkHiaW=
t2pGgXZLYx8ksJTmXy2SRVHY5jn4rndYBhnj5e2niqU70PgxZubCcB-2BcWLWUcTVyatvesyNzj=
yAFTyLSpY-2BoRU-2FSQyTV7QTaJQwoNjOprAzHd-2BXnYufLxCtRnM34prtmjHuw4u2ijnM1VD=
hM1zV-2BfRpZ5m3CVprialUe5GwQZ5QK1Bbt4BVLSfli6OuBylauz1c-3D" style=3D"color:=
 #1D5080;" test=3D"" universal=3D"true">Tiger Global</a>, <a href=3D"https:=
//url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf=
6GFa-2BaqM7ONnvsnswouzUzPOxkDNmklgazuPfaEolwW1swEhinWC98r7xKk4PqZw-3D-3DaOw=
S_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA=
-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh=
8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5Vlwn=
pMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwco=
aosjkRV0GtSQlH1FR9FxlflXWtI0JwLfTiT9G78rXjZBRyQHeE-2BAIJsK-2BMTI1480px-2FMT=
x0fDTmGJNYgu0Q3gKeOVOaRiKWGaXIf8VmF5otdrInXdqqQgOGYLjXU4PicbWwUJRUbbYeLcn9X=
VVPRKLeiaFtiRP9JZqTcRhmZoRCL0x15xq18TKjG6Qy3InrCaQLnXGiUZwON0z5HVA1xHaU6-2F=
D5-2FmFF52qLASzU8Z8a3f3SiyWK7vUtIWNo4TdACxcM-2BYxd-2BoT-2FQqCzxp7zo-2FF8-3D=
" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Fidelity Managemen=
t &amp; Research</a> and others at a $7.6 billion valuation.<br><br>
                               New York-based <b><a href=3D"https://url6380=
.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq=
M7ONnvsnswouzUzPOxkDNmklgazuPfaEolwE6GgWZwl2m-2B-2B8iiIx8puWA-3D-3DF5WM_Pr9=
66knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0=
weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzC=
BtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYA=
oHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoauA5-=
2Flf2VHarcGqCfgrtlBW-2B2ZI9om2i92wE-2BY9lSUEJ-2Bl0rK6KwPBYjTGW-2BsKTKsYQEzr=
tKjsR7glxts55IzeTCXcfRZOnz46BzogRkWS-2FxYxc7jCEweAIc2VyX-2ByZxUr8YXbZ25IbFT=
G8U5-2FtzRfLRvCVqxesTgf2KRljdIxUj2ocng7e-2B9ytUcNsfzrwZTO2dSv0h8LAAXIUwiX6t=
9LkZmsQxZmy-2FH6Xk-2Boa-2FZ0GgdFaOds0a-2B-2BnmHx-2B3-2B5zDyiiyWJOPbrHCXs6Io=
0IBiJY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Mews</a><=
/b>, which makes software for hotel management, raised a $300 million Serie=
s D led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=
=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUzPOxkDNmklgazuPfaEolwH=
6ZdujOK8F6w7WHfXrmeAw-3D-3Dd8te_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2B=
HR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss=
4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GR=
zx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZ=
GL3SPO7jk1plj8R-2FDH4uYDoabwcoalAnl5v6IY5bOwq-2FNQO9IjpLXSFpKxA3tTzYKOyD9Ka=
ytxBlbdh5piLtv3091LBA3CrtPCdjjnz-2F1iug0B-2B7oHF80oaRh3qui2xNHtOCOY0osYHSS5=
JWAPgjWUyqwsFtODASMPdaqF2l1O9RZofp45xBlafJWESSKV1wiZhQKT-2BDaQTUyKgsEv8MuHn=
iL1gGJ-2F54LWSKGNAabl3mzvY-2B-2FBc7H4XlBz-2Bk9s6uUIFXvtbmSURxYiNalrN6sH8JB6=
1uGVoplWR6HRam3zbFlOybzeI-3D" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">EQT</a> that values the company at $2.5 billion.<br><br>
                               Berlin-based weight loss startup <b><a href=
=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy=
lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUzPOxkDNmklgazuPfaEolw7Wflo5rmvDY1puSpAfFWt=
A-3D-3DL_yS_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA=
68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyT=
NqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9=
wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH=
4uYDoabwcoal-2BEyiw1njviZbi3N-2Fv2mY4xn1Zk3m-2F8jIxXTPyE5p4BzlBjCO7uyHjOtFc=
jr14QSoziWNj6fKQdZEFSatrt9PF6JP4KVipEYU1M0yClNl8DkN1o2b7GZuXu9UZDYyx28BIgQT=
15yKPSBDNfYjyDuE-2BE7Lm2LJ8JytB3FuwV544-2BLr6PSLYUuS6oPsCUfmSDW6KGn57106ePz=
NiV37eOKfUAKPQy-2FNTgjWGiIgVShKN0tZ8La1QdQ9P4iuBxDJp60DaURg0g5kVXhZijRS7-2B=
9JY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Oviva</a></b=
> secured a =E2=82=AC200 million Series D led by <a href=3D"https://url6380=
.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq=
M7ONnvsnswouzVnD9-2B73j6m-2BPLIuja5kln3DEqDJ8apBkJo6c0ecq9rzA-3D-3DZYd-_Pr9=
66knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0=
weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzC=
BtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYA=
oHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoapGkO=
OpgCDJunzhNYPN0p4J-2B8pPFUCCfJkyFfmar8qaIGJegUqkw1XGdegv4TdXRywvncQ2Zkh9QPI=
-2BxGfdXA74l5JZABeaC1XoMBr0fyjPDfMOjPawa69OMiaAA7mVcdtHyhpgIO3JD6V7woYnH9Xp=
8QWprWTlJI4kl6Gkq99JJP46xU15cwJcOrc2k2LcS05Nuho9PwLO2XZVzDlDeJJZ6OK6WTdjfo7=
VVTiaZAbvAOdGqilfymeJI3k2YA7m1A4vFg3X-2FTa0wgA4f1EBKLeY-3D" style=3D"color:=
 #1D5080;" test=3D"" universal=3D"true">Kinnevik</a>.<br><br>
                               Austin-based <b><a href=3D"https://url6380.n=
ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7=
ONnvsnswouzVnD9-2B73j6m-2BPLIuja5kln3hlQWU4ZC9ymNqlP0SM5QuQ-3D-3DP0qi_Pr966=
knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0we=
iwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBt=
CoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoH=
r4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoaqzn1qE=
kn-2FnRCgzp3nuE0-2B81m7jOfUGwXF5ge2PYV7-2Be-2FPE1qYE-2Bvr102gnrKdcnc9G2lAUi=
rHg1qSp8CFL3KBJhmljt3aRJampmwTwDu2aVNBZf0iYGXelu0ktlsrGIoLO-2B0Dh-2FI-2Fn-2=
BqJEUtdHnwbKj0wJ6kgWthU-2BgCkR5HZK70edjL6XP2duvhLV1hFsQoFeuCYaBFTRD11NGBL8A=
QqwdvqKZu8MWH4h0LqnQ4YAks4cdrpJsr3HO52Gu4brQpBITosgjm-2FcW8qrD-2BktzfLw-3D"=
 style=3D"color: #1D5080;" test=3D"" universal=3D"true">Neurophos</a></b>, =
a startup developing photonic chips for AI computing, raised a $110 million=
 Series A led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click=
?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVnD9-2B73j6m-2BPLIu=
ja5kln3RTcrnFHl-2BfNwaB-2FOlfgPwQ-3D-3D5G9Q_Pr966knuaHmaw6c7pKvB-2BCEiDnj5U=
wlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5=
F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsI=
mXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3=
CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoar34pPhiOLL1oCcK6EN4JOBfaIMUGXl2P=
R98w-2BLY15fWyCsSDnwJk7H0k-2BYbReV4-2Bg5TPJYHjiJp-2BKBc3pvnk-2BK9-2B3W0Kg6A=
6yleiy6U-2B6l1zCT9lAo1qlLZGTda3xhx3zcxT0kknSawpRDDeididJ48qXCHelawrulOVi5qU=
ZlOp2eDJov94568Kf59FfemG0o14i1rjpCbUOSIzXDmj5yyrOPANL-2Fgw-2BOZht1kJhb6Gx1e=
7ZL-2F8GrPwfgW4C1HddS6zoeqt108ps31zeLocVo-3D" style=3D"color: #1D5080;" tes=
t=3D"" universal=3D"true">Gates Frontier</a>.<br><br>
                               San Francisco-based <b><a href=3D"https://ur=
l6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa=
-2BaqM7ONnvsnswouzVnD9-2B73j6m-2BPLIuja5kln3f2CVH2ADSi-2BDEzj7TkMG3g-3D-3DK=
dGA_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46q=
mA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2C=
lh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5Vl=
wnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabw=
coarxvXLx27foFAltH4s9di4KIthsC4I20YzEQSKJrM4vmx39sFwE-2FlhE1z-2FdQMDQ0yfrOb=
7d3qjTzqhTSkJOOPj3n4JKm6oSOk6h-2FNFk2l7oCUWwU4YUk1m5fh3VCeKQPKmXT7BBXVvcZrK=
ofpvN49nXDad6yOuhpG50NIMUKH8OHZ9a4iWIUGaTsCMAiqLQhBh1-2Bi5fmM1d-2FULIh4Iek5=
L5FbaytPBPpIKL9MU76Q2X2AezlFr5QQi5gX6vGZ-2Fp6OvaI99sac-2FRXYjpYKKUM2so-3D" =
style=3D"color: #1D5080;" test=3D"" universal=3D"true">Railway</a></b>, a s=
tartup making a cloud platform for developers, raised a $100 million Series=
 B led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3D=
u001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVnD9-2B73j6m-2BPLIuja5kln3=
RSlot5S6efH-2Ffs6DbIlI8w-3D-3DG3dm_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP=
-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQ=
Yss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT=
6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG=
2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoatEQqiar8-2F7D-2FnEfVjUynkXDTdurBKD0IncP0B=
Hc7OQLr8rVcsF5ViRNMuV4ooCoH8Vp6Y61Cx72h-2BtEaeirUH3gLK7RdFm-2BKCwCN6fiWZZ2P=
IaYP3zLHAHVNbJgN5qDMh86YrsSdfFjHalnciUQBLE55GbtlCgSd1ij3L-2BpiD8YQJmSoamJmv=
2jrYQx-2BIyDhvN0DUPChQR49wLrcxM5sOHggdxstEH9ACuOeaWCOvIqOCFjvkclHPH-2BzsJJa=
VE2CE7YaMWGn57mybmYiVnmrj8-3D" style=3D"color: #1D5080;" test=3D"" universa=
l=3D"true">TQ Ventures</a>.<br><br>
                               New York-based <b><a href=3D"https://url6380=
.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq=
M7ONnvsnswouzVnD9-2B73j6m-2BPLIuja5kln3Ecg5027ia3ys3ICcm3vpaw-3D-3DLSNa_Pr9=
66knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0=
weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzC=
BtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYA=
oHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoatjnR=
eHJEJaNSzJeUpYce1z-2FI14MLGX1SHKMZSB9xmhSF055MeE4xbGSArpp7iOeTpt1e7oc3IBrPE=
b-2FQTy2-2F9OIA-2BKv6oWGDrK4yHjISmm47T6PW6KhM9jgzxsqg5fSKxOCE2vePzcqIczGI9o=
vt0KqsAhzq1iJGCxNTVuAe-2BDLquUGiS-2BqZLUyoKCjLZQaXW-2FU2LZLFbsWtyID2gbqmeT6=
ke2fL5q-2BjnLaIah-2BS1UiGITCInCDXVtbsW2XT3A8wcFd-2FQWWfSRTxg2Gl1MU0v0-3D" s=
tyle=3D"color: #1D5080;" test=3D"" universal=3D"true">Applecart</a></b>, a =
startup developing marketing technology, received $100 million in new fundi=
ng from <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0=
01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVnD9-2B73j6m-2BPLIuja5kln3-2=
FzNVTugGF4T4fVrTG6v8uQ-3D-3DYKdm_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2=
BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYs=
s4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6G=
Rzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2n=
ZGL3SPO7jk1plj8R-2FDH4uYDoabwcoatY8yAGUZyR2BeUnn5dPCvsr36zOPBdAby6jRAPCOxbx=
Z5LI7lD-2BHmN50J588SvWhU7VDtPAAn1ZSU4YtEhjJNbW1dJZ9YY54r-2BP9UpKZgZJEnxmVtO=
lNnf2FvdNBruwEP9GWwIxiW-2BKZVlTqeMjHgBOS-2FIKruvwi9H1OwTRg-2FcoGjq5FbK7IoEb=
XEURPN6ivsGS5AO6nCJDH-2B7GAPffaYOQqj6tMvlDhHIvqxMYxdmUr29svK6hb2noA0tZHaOfG=
MdEph0gttCxK-2Bd11i4fqas-3D" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">Blackstone</a> at a $700 million valuation.<br><br>
                               San Francisco-based <b>Mendra</b>, a biotech=
 startup using AI to develop treatments for rare diseases, raised a $82 mil=
lion Series A led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/c=
lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVnD9-2B73j6m-2B=
PLIuja5kln3tdQJcP-2FwJANCI-2BbwBH1bbw-3D-3DriPD_Pr966knuaHmaw6c7pKvB-2BCEiD=
nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jg=
IRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2F=
WNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9=
x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoaiFMvZWWrV58D21y8yvNVX5vG2xss=
drKS7SumaWss3VWG77-2Bjn4az9xtE6PUyd1vcacu-2FVAFXR-2FA0Wk1NuShjVjkYvw-2BMUxo=
uGTidDDH1f579d4mJ8TT5-2FNzJU1xRZsT7ICgHaBLR1AB6ZJJFywh-2FkLnjAwVH3naJfADSgI=
o0DfbkGSVaZEDq6ZSAwjSozu9rJOkboM-2FtVkWHMqTNtBGnRQ9TOT-2BvUKHH3q-2B2KGgHN2x=
7zZLGwTVVd3I5X4mIGk6U0-2BqZmE28Y3PS7YXTLeXdt4-3D" style=3D"color: #1D5080;"=
 test=3D"" universal=3D"true">OrbiMed</a>, <a href=3D"https://url6380.news.=
pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv=
snswouzVnD9-2B73j6m-2BPLIuja5kln3vk0-2Fsgi8ziFHZfIoBzeupA-3D-3DCWG0_Pr966kn=
uaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiw=
x4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCo=
szTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4=
p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoam6mwlPiW=
jYjFxnbxQKy4zy-2BfcdwdbL9p4iJh7UopX7B-2FmBBsEA3-2FiLqQcKpvxO10-2BOZT2JrsvRC=
UoUlgFzEi95XRk5F78GDH-2F3YLCg0EgZcl4odEUB4cLqKV9Tb4eolqJd0ByC-2B3yxTyD0fIdS=
nhiOZm0VBbXdf4zmX123-2ByuEKBAc8YYHFuJKUoU5vd36ovYUKCoUscyZ2MI0-2B-2BdiUGlZ4=
P-2B5Xv1v91sxObxjA9bBdJlYn-2BPEFKFYQi1vXxoGxoYCF8PzTmee7lhNbwnPsr9E-3D" sty=
le=3D"color: #1D5080;" test=3D"" universal=3D"true">8VC</a> and <a href=3D"=
https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7S=
pSWIrf6GFa-2BaqM7ONnvsnswouzVnD9-2B73j6m-2BPLIuja5kln3plTSo-2FlAQiAMvs6uDpW=
8Sg-3D-3DJ0wl_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U=
YA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2Wpi=
yTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCX=
L9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2F=
DH4uYDoabwcoaupUxoyZNOT-2FdKxjO5f6dkjZJ-2B6nXr9DaqC4O9Ue11qP5Sxh6NOOVcMgrD5=
iBwAueeBVp7RRzexdJlm2N7V3O2qbGjlINlbbBKdLm6ZGkSs-2F8sPRKkV7-2B8ZrETdFf3J7xM=
vOi4yovNc6FTLo9AKBc7nQ3KSWnLdI24pckqfclMlmGZDav4bFA9IGaGO7lPUKEoAXPyFKfnTDh=
ok1yrtdKjbhMX2NnJ0g2DbySpjVn8b6W3iZLyfgDydPREEq-2B9fYvjveCndiqQd8mjJ-2BHGz3=
QxA-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">5AM Ventures=
</a>.<br><br>
                               UK-based photonic computing startup <b><a hr=
ef=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4C=
uylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWrjT-2BurFNwC32GcTvkX4uq8Soa5cgbgQqzVHFjY=
KMdxg-3D-3DI2hK_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf=
8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2W=
piyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibv=
CXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-=
2FDH4uYDoabwcoaqf6Z4wRs3AKU4Kc-2FVjA-2FDl8ACLepmk7YPqzev7gNNn32R0LsOh7DmWYf=
Dbe0NcVYCU4xwXRx-2FvprYxvrGn4rIv31fPyVSVR-2B2mSKkYyc77AWca6zlYXTjf3cmr-2FVT=
xv-2FVuKT7IdUUd-2Fn8Gk7Vl61Z3AA107VbVmiyaQgdLCORKWOlfpCuURVzWyY0gsGsDTa-2Fy=
QkM6ck7KSVtUkbHEqr-2BfxM5XEVk5NCi49oCfnFUXPn07edGh-2FaanwKUcMHHMu-2FK-2FdVw=
Am3sIUC9hB4Yp-2FIZo-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tr=
ue">Optalysys</a></b> raised =C2=A323 million in a Series A extension round=
 led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0=
01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWrjT-2BurFNwC32GcTvkX4uqpzxf=
-2F90-2BR7FfgiT5gOO6Rw-3D-3D_UG6_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2=
BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYs=
s4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6G=
Rzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2n=
ZGL3SPO7jk1plj8R-2FDH4uYDoabwcoav-2BTQrhIs3m-2FdPfBzwVg2QHs1F0Z0y2DamS1UJ6m=
E37c3OEMEIgQlGJ0fPH1IS-2FVBhH8ll8gzsnmK1NLRx3O4LYIvJjePnlFSSH48a4pcf5GSapVf=
vuWK3Q3nA5w4tROMg1IWLX505UDjBuG9y3NXltWdn5C1cnxs0Z1JarTepA1ZzuLtSjLM8KxiGUw=
th00IpPd5zT1nKlLrnvzOGXyCBygDRFhBEqLMS-2Fre6cBqPqtcQ0VuN4EKt1Il4iN1wI6jBFX7=
suIjK0aZztlUR48VF0-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tru=
e">Northern Gritstone</a>.<br><br><b><a href=3D"https://url6380.news.pitchb=
ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou=
zWrjT-2BurFNwC32GcTvkX4uqSUgD4cUMxKFIQofEWJuheg-3D-3DA4XX_Pr966knuaHmaw6c7p=
KvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2=
Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJf=
LrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6=
GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoav9xn8xhjHwRDZ6vG-2=
BMDcSG4Uq7wOlCZ4JcdYOFs3QjZ1NZznoY6H0Zr52yD1L6plyMSMzqht3VLZxNy9dQnKUKxi8s7=
sOGPkK0xfFe6-2Bl6nXRxaDOqFYgFQ6zylnIk2Kz7-2FN7mUFrIdrKrC2otYt0KUf0YEuqf8HN2=
O28uD-2BLkiKztEYDQbfha0WDbNRH15THqOSUX5HMg0WeX7I6r9u75IRpJxECik3oUeLuCmBXe7=
jyzn2xcQ0MOuWvZfrzqH9ldMkKx0bNx0HcJl7DCmkwY-3D" style=3D"color: #1D5080;" t=
est=3D"" universal=3D"true">ABZ Innovation</a></b>, a Hungarian maker of ag=
ricultural and industrial drones, secured =E2=82=AC7 million in a round led=
 by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d=
4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWrjT-2BurFNwC32GcTvkX4uqz4nW9UVE=
BkaqiA2fyIFJNg-3D-3DCKNX_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQV=
I43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0o=
HOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2=
BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7=
jk1plj8R-2FDH4uYDoabwcoanr38FGVZTq09keSjfY18j5jS6zMIdbashSR5v4KC8x52v473Tdh=
ExPpdsJOh3I9x8tLJHfZYOHzOoKcUj97GsrCZoXHetQvJkEQ97BWc7FcJClcV269WrB9jOIhoCa=
8vyUTlNcMweUmXzAWrUsadb7PZLwC9gq0poMLJHMacbA471YLOyJFOk6YFKZhzKIVYmdk5eRp7G=
YMNqU7C8WWQMJzG28J6LwdTYB7F18zsByGqn-2F-2Fjl7lraVPxFKha0KMHzkCfBwlwz79f0oDf=
gcoIR8-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Vsquared =
Ventures</a>.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>PE Deals</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWrjT-2BurFNwC32GcTvkX4uqff-2BgG96I8VIbTpji=
PfUIuQ-3D-3D7XeQ_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcV=
f8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2=
WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qib=
vCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R=
-2FDH4uYDoabwcoaj3mniLkiar-2BtifAPdtLVwYxSsgzrC-2F0JE9FhrT0FJRlFw-2F9h8ZFx-=
2BQItRvxwd6XvhSUOIj1JFwxJOn609O6Gl9abT4tDqB5JHpqun1UjkRFBexojSjODQyJHt0X7qm=
mR8S6enCQiPBOEj500TfjQQKJQIKupjNBPi9-2FYvACZKc07p3RVLDnVpk58cCthv-2FJr1Njcq=
BSYLnjmYx-2B8fNZ-2FjlvKOtvGyFMNt5kGug-2BlVLjC-2F25JLkW9n8R9gZkJK3vKXMX3HXgm=
a0ukBvYfKptmlw-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">T=
DR Capital</a> acquired <a href=3D"https://url6380.news.pitchbook.com/uni/l=
s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWrjT-2BurFNw=
C32GcTvkX4uqIFHT4zwXH-2FWoMqQIdKF4fA-3D-3DdeTd_Pr966knuaHmaw6c7pKvB-2BCEiDn=
j5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgI=
RT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FW=
NsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x=
7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoamDHUpQ9cLr129-2FT8Kcke1pMCsIx=
H2iF1pT37xrDqhGFZ8xj-2Bc4HN9dH7jfPtaELP48G-2FYYfla5j7nA6nSAuhZeHFqtbSOJI8DV=
u35HdJO8-2BsQlXwmLxP4a7-2FDiJcQQP-2BLLURbM4dD1vmfDWKjEPoST2kJ83zkKQgEv2Rl2i=
S676b3aZm1ARcVVQPYAf1bjKFLcQaS-2F2FkucRIN-2BxpQH2i-2FJmIrqkYplew55XCk3rAlCk=
-2FISfASz1zseUvFXeJJX-2BXmXXGFDMGp2488GBZ7GCiw-3D" style=3D"color: #1D5080;=
" test=3D"" universal=3D"true">NCC Group</a>'s software escrow solutions un=
it, <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du00=
1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWrjT-2BurFNwC32GcTvkX4uqUtAj5=
QEqilwDTfZqjFfuqA-3D-3D_DuQ_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4B=
iQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8=
M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87=
u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3S=
PO7jk1plj8R-2FDH4uYDoabwcoaudMn-2FZzPsDvRYvkgtnxvhzwrhFxNpV9OyUDCq1YY3kDZXn=
190p28g4r6GU4oCQaFJKYDOsnxVA8rln7-2BYFCD-2FjMyuaG6o-2FBaX5KArJ64fw0tCUh6gXc=
WGvwoJ3nyAC7c61Pd10r4jc-2BrqdBNEJgQFtYRrVJjJXS6PWAb4kuqNY4NvFPh3CLeZ-2FtDLW=
XuPmtRqhZszYpegqIOxRtT-2BY6x-2B2xXnxeo209ptFoDU9l-2FdT8IvQ1XdsZWWDLumtiePuy=
MWX8v9SqibH-2FKyoJ9ArmGVY-3D" style=3D"color: #1D5080;" test=3D"" universal=
=3D"true">Escode</a></b>, for =C2=A3275 million.<br><br><a href=3D"https://=
url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G=
Fa-2BaqM7ONnvsnswouzWrjT-2BurFNwC32GcTvkX4uqji8pMjnrbIBu6el-2Fej4Zpw-3D-3DS=
xyM_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46q=
mA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2C=
lh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5Vl=
wnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabw=
coavOQHsaA2mMg-2FbezxB9cZN6EAEJxz8XTrI2X2O-2BxmmGnw33MKIF7DPbCCLPt2ci1erGuZ=
Ic-2Bi5UovbGXt-2BHxAQcWdv45144PBfsvXNZCCzRjRcRB5-2BhMY-2F7lrSJCzEkcS8G1r9bJ=
WZ5hgLWJIvK5y5aGXnipSiNKO-2BVKMPuiroJcjqrTWIdoZDbKQ0YLd3jAkvkBnN8BtMmq8h8Ch=
cojxTzVS-2B6SW1Us-2Fl7-2Ft0EDWUE4w62HrK75Mp9cVbmja6g6akjrGhgDpvWSP5fx-2F-2B=
fIIkM-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Castlelake=
</a> is in talks to buy <a href=3D"https://url6380.news.pitchbook.com/uni/l=
s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWrjT-2BurFNw=
C32GcTvkX4uqvQUrQONoKgfKpYylxq-2B0zA-3D-3DzL9-_Pr966knuaHmaw6c7pKvB-2BCEiDn=
j5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgI=
RT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FW=
NsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x=
7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoamGy1KbUzcZq7NqHh4uYXfH2gaFP1j=
Umo9OqnXygqd9i7L8x-2BoDkQX2rNMobrTlIIPtv-2B2n4fFWYvDh5g-2F2WVX6bXa7c8sCagVm=
btzz3ZQlo7csKVMJamNilmpk-2FcybqEVc5nw12gys9bLhOj2JEV-2Bc-2B-2BERMpVMP9CZkAM=
ykSaBLFH3OTHVr6xgCqMYvTCqo-2BH36DX2tya40g7LYi9In159igkI5PKao09k-2BnsEd1GWJ7=
6RWWEYvw3G2yP-2BE9McP3hzXayNzy5SxbukxUJ7cYzc-3D" style=3D"color: #1D5080;" =
test=3D"" universal=3D"true"><b>Spirit Airlines</b></a> out of bankruptcy, =
after a November offer from rival low-cost carrier <a href=3D"https://url63=
80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B=
aqM7ONnvsnswouzWrjT-2BurFNwC32GcTvkX4uqTsT-2Fq1tIKupx4ffyYUrUhg-3D-3DHL7h_P=
r966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2F=
N0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8Sz=
zCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMB=
YAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoanZ=
KV7ELgGRMDGTWjZnyyHF5mgCDiY7cZvQslmPr4g4r9EOkraE1aZXIP4f313OayIC3YJ4pYV7Mix=
TTy-2Fp960a5jrrTyM8vYq8vG4tbcOucIr1Ct5qGGKJNXFFqI7rWShdcu3V6Bln7NIjddHkRSMA=
GAx4fIaIuRo-2F0iQ3-2B-2FPGLTIWIq4hsAocU3F8XysvIcmA3GUg-2FKT5dQT03dR9o-2Bxg1=
z5dUi-2Fe17q7isAFs87qRwfdrVYY2pPtB47rjuUPNRVPlJnED-2Fosrwnuxibjk-2Fqo-3D" s=
tyle=3D"color: #1D5080;" test=3D"" universal=3D"true">Frontier Group Holdin=
gs</a> was deemed unviable, Reuters reported.<br><br><a href=3D"https://url=
6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-=
2BaqM7ONnvsnswouzXEQ15KVcoa51kKB0QtXZ-2B9yjZhqfplFC53T5hzmCzlhA-3D-3Dj5PB_P=
r966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2F=
N0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8Sz=
zCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMB=
YAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoapQ=
5bnbliDIBxlkysUewkt1BzkNPfF0CFucf95TMxv11yVACnST4k-2BhArPY7Adp5o2VD3XSH6OYN=
T1jBgJ52jiOP4W0tXNOzIfGLKAbQK-2BZGkj0pnpfr8mU7XPqtaahJq6DtPTypXA-2FkBsoX0yv=
v2HhVUlq2iilK0J2wdr8ZS2jbmiQS8dHZHt88R8hbpRT6WFlnf4PYpI9xMoJ0Ih6U6uoQpVC0at=
mdYdf8b0ezfKjjwhNo6xHaGWHPXr1YmvfZxWRxTZILiTu2qimXNgVO-2FEM-3D" style=3D"co=
lor: #1D5080;" test=3D"" universal=3D"true">The Carlyle Group</a> is planni=
ng to exit its investment in Portugal's <b><a href=3D"https://url6380.news.=
pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv=
snswouzXEQ15KVcoa51kKB0QtXZ-2B9uDSxn3qA0Ldj1AAJsLnZLA-3D-3DJ1qi_Pr966knuaHm=
aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4td=
VxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK=
939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2B=
djI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoatCgJJjtJXACF=
VkLxc1F4gTQTk-2B9ffdQ7H73FIrOlHc1YbdPZS0b7TA7U5iXgw-2F5VF1QqHnHnyfUaLKf-2Fc=
86B5wFwTWm9PJwT63yNzPz36IAxBY-2FuPDTXmF-2BazEFxtGVnY85KuAGLKPI-2FaDtLVbCDGW=
IAFYhGthCFjK0l1EQ-2F1laQRDNYSZUpY1vdp-2FBVnJ-2BPwtuB4Qc-2FrwIeF0ny8EQkLF54E=
b3KTtZwxJuGte4NupIUE0xbCEAjpbrsJoyFf7YYt6U7QtE1M5znWqpOUAiyyM-3D" style=3D"=
color: #1D5080;" test=3D"" universal=3D"true">Penha Longa Resort &amp; Hote=
l</a></b> through a sale to <a href=3D"https://url6380.news.pitchbook.com/u=
ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEQ15KVc=
oa51kKB0QtXZ-2B9K0pty-2FusoqiFI9ENvrsdwg-3D-3DVaXC_Pr966knuaHmaw6c7pKvB-2BC=
EiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b2=
2jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG=
-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-=
2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoaq6OFMeKw-2FwV8Uz-2FfrAdq9=
H8vzUXppqbhLivQP-2FhjrLHpfx5-2Bhc7OVLYeTFIo6NTGZW6JEHQzm-2F5VxIojqfL0PwLLZO=
eGZUAT7D0oGU09JaU8zk0XmIu0U7NPyiA-2Bdopv1tuB7AttHumMgbjO8apWRM1UmYZI2B81IVr=
dbB1RIpV-2Fg5Fxlm5aXrhegwhkUlpHI27zF-2FW0v6rn1fT58Z68QTPOlAb7s-2FIKtAvkbQkU=
IJrL7o2pOVbaR-2F52IIEjSzOqB2QGKNX7FmQCrdjPgJQ9oo-3D" style=3D"color: #1D508=
0;" test=3D"" universal=3D"true">L Catterton</a>, Bloomberg reported.<br><b=
r><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n=
73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEQ15KVcoa51kKB0QtXZ-2B9ONw2hopjpT=
kl64vAODvImA-3D-3D-QuK_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI4=
3kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHO=
ftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ=
200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk=
1plj8R-2FDH4uYDoabwcoarVZpqNlVoKcIhzhoCkm42U6LwR9kQ-2BpZIQFfH-2Fxs4-2B19oj3=
5Wgx2MgBADYlWcZ11kMzcU01Zd7m14sKLclyPXdAXhZcgfVHT-2FDlmZaLf7I951RhROuq-2Bxj=
dRo64-2F6EbASoQ26XJfZlOIZdprJL3q86nnlk9hWx-2B4lJqvV9QSB-2Bv1tkDYJ3L5z6daFcj=
-2BCg7MZSrxqjcX3l6bKGXn0rDZ9GAmpTRJBc-2BjiFFRz-2FOfwobTHdaes-2F7JwIDXUzG-2F=
NkC3HmoAfJ9EgIxXri2E2-2BUhYI-3D" style=3D"color: #1D5080;" test=3D"" univer=
sal=3D"true">Aurora Capital Partners</a> acquired <a href=3D"https://url638=
0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba=
qM7ONnvsnswouzXEQ15KVcoa51kKB0QtXZ-2B9iDA1Reh7Z-2F-2FTPx3K11VgYA-3D-3D-B4E_=
Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2=
FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8S=
zzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpM=
BYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoam=
tR-2BS-2Fg7SLv26SmbiIIeB0w5A-2FNNJQIwxUYuNhHJvnoNu6JxWY3EUuCJawE0GPCt6R6Qie=
-2ByGPzrBD8ftQZPHp-2FAwpncpbJL-2Fvd3HSOqfZ97QPQcuy-2FMXldVDP-2B-2Bq3YxZXkK1=
TxmNvklTqvNKUFqQmPPm2t-2BCT60fFxfDVOxdiq8W-2BSSA6WY3O549nu-2BVg-2Fo568euKZ3=
tEnC1CmGPKk9H-2BOt1bbRaBHY9V6AOahispoqnX-2BRl27oAbtevWQKC8C8UyTvUJSIVXNAWA7=
VW6oRZ4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Anova=
</b></a>, a company that monitors the location, status and condition of ind=
ustrial equipment.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni=
/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEQ15KVcoa=
51kKB0QtXZ-2B9-2BR7sJ5VUlmQaGsjek4wUfA-3D-3DJXYH_Pr966knuaHmaw6c7pKvB-2BCEi=
Dnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22j=
gIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2=
FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B=
9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoahEYyNK7l4wBGMFNL9wE4qMoO3JO=
xUk-2B-2BDOV4RM-2BIKNlma8NG-2BD-2Fkelobbgw1cW10ynvnxF1Tf-2FEt95mtalF-2FdheQ=
bfmZTnSvl0-2F3jbPCelGEeolwiEgB2Nf3Qfa429LZu7EXd7bg0UP7n-2FFfpc2-2F3wSKUDyVM=
mZoOEusCU28KU4gdixd-2F49ff1F2n-2Fb4Q69R6X2cFLgg9XJr5bbJkyV1U1g9oCtRpQw2BDE1=
erbt0ZCoWwBZ7aBhktb2FitHLDM7SJ08LccJOBjllAME6RWuJc-3D" style=3D"color: #1D5=
080;" test=3D"" universal=3D"true">Thompson Street Capital Partners</a> bou=
ght <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d=
4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEQ15KVcoa51kKB0QtXZ-2B9yI-2FryV=
14NxjS8hbFrPZ3Iw-3D-3DEXm1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4Bi=
QVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M=
0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u=
-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SP=
O7jk1plj8R-2FDH4uYDoabwcoaslWJwnHlwROeYvRNyx89PeBahv8BC7Oiqn31hd6BJU1s1OSbX=
kORhEfMpW-2FLuyHJXKZM-2F1rzLIv3orTRsWCNsXQwGkkUY6wBnxsflROCrJGTewuqvAAg87yA=
LmWUmxF6XYnYliJIgJzRzAHerzzTmzX71paL976iulZjghpVSkOpQjyZQ1E7kcbqK8smsv8QwgG=
zZxsOEmlHdKiUN4-2Bki-2F6XiZjqnHRiXHIUjGJGNWfQ2GPMpdm8LsAobX45uO2G2xiMmmJFeb=
oF1n05USgdEw-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>=
Long Pest Control</b></a> and folded the Washington state-based group into =
its portfolio company <a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXEQ15KVcoa51kK=
B0QtXZ-2B9pQrmtmKZWseeho7vRyrPRg-3D-3DNODN_Pr966knuaHmaw6c7pKvB-2BCEiDnj5Uw=
lJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F=
5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsIm=
XyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3C=
apOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoanamHK4Cq3KRTyJ96VNX6vx92WP-2FAK-2=
FVWkstaaWdUKVTWywBeEFDEgaUCz8Iz9f6Vd44W1s3Ff6goenUDBvE9A75D7imRgaY28wNLJl8h=
G1ze-2BuYru37o3XFScFDYil5nlimrOuUMpGcj9Xtg0n7uPY-2FynNKQFLf1z7dUAnoxhAs-2B0=
QN3ejD8kn0nJESBulCujWXaZ4CPTEWYA5wr5xTxt7TPq4PoPe1a5evo6QEFZE0V6vrYf62sPk2q=
52o1WQhpYnJQYow9fID3ALH8Je7Sno-3D" style=3D"color: #1D5080;" test=3D"" univ=
ersal=3D"true">PestCo</a>.<br><br><b><a href=3D"https://url6380.news.pitchb=
ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou=
zXEQ15KVcoa51kKB0QtXZ-2B9PLIt-2BwyjsKsqV4jYeoUNxQ-3D-3D5Bvz_Pr966knuaHmaw6c=
7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0=
-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939s=
JfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6=
i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoaigQuk-2BfOc5aCXH=
NbnAuqWKse4uC-2BT7LYz63vNzCDxQVH9J3eNbrxEowFRgLzKCLJvTeSpfMVNgim0aoBe-2FNAA=
Jc8uuiQTs6S1oc0VBkjzaAXx-2B3gWLYOBowaus0NUdtHYKopz-2Fh5FnbzzGGzYPFUAnHpX-2F=
7UUk648Zx-2FGWQbSyCdU77xOQwsfyfp3OlB57CvOzeeQdsFVs0o08H74CRxMJsQpbgGdXKdSDh=
412CISYNGzeq-2FxLS9Vmi5XFyYB-2BtlHznQ0VrzvSEEAj3RAcli-2B4-3D" style=3D"colo=
r: #1D5080;" test=3D"" universal=3D"true">Keystone Brewing Group</a></b>, a=
 UK-based PE brewery investor, is set to be rescued by peer <a href=3D"http=
s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI=
rf6GFa-2BaqM7ONnvsnswouzXEQ15KVcoa51kKB0QtXZ-2B9rj5kOPTgyb1Dh-2BtTej7Wyw-3D=
-3Daq4L_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NV=
R46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIb=
gO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2=
B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYD=
oabwcoahcyCk3GOkZKofjKjBl9I9IFNMJ8hqFPJEvtb65k1nHFDf9-2BELSGh8rDLjmunZqcj78=
SiyXYx90biTG-2BkuwGw6vxr2-2FWU66RmFS1UbEGNrtr8LFG7qC4t9ohm5k2NfejyQ6j2wLgO1=
shDAPD25OCaxfviM1HxNDXLgtn-2F65LbQFv4iqL6CQk0EsI-2B7ae5TwiqVh2PbJZdO0gWqxK0=
pNPJ7dSf-2BrCp12A-2Ffu11wyP2UalPvuAsF-2BvcUYF8TOepI2T560SJSBtliVRX-2F2YLdFX=
XA8-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Saltaire Bre=
wery</a> after edging toward collapse, Sky News reported.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Portfolio Companies</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Chines=
e-owned video social app <a href=3D"https://url6380.news.pitchbook.com/uni/=
ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWeiZ5dyTEXe=
UK0-2BoS5-2FMYRtSx903GBoi8UbSDymr0Tog-3D-3Dvmox_Pr966knuaHmaw6c7pKvB-2BCEiD=
nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jg=
IRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2F=
WNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9=
x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoajTE1dmov3LJ9A7wXN3Fk7YuciuKX=
mGTqBRxhrIA5mFTE0pPvXJiwOn6F5SsefTrkpuj9aZ0E84opMKFAqweaWDzPLKRWBbPsZb0eRVv=
w0xm7QXDy-2FMsirHuW3dKhzRCJYfoY5Zwaon8c37sHvv5ta4qf-2FJ8Y1vj7zgL-2FNCkHWniK=
R-2FimyPg1Jj1EAJ-2FwLVN46Z7u6azB0bqZeEcW73W75-2FVRA3DYRRubwgYjnxY6XOoGNDq-2=
BVjRQVptF8Lyu64fAnMVir1bQBIy4f9BGyF96Qw-3D" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">TikTok</a> has reached a deal to split off its <b>=
<a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73=
BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWeiZ5dyTEXeUK0-2BoS5-2FMYRZoEsM2x3fS=
-2FWm70HCzbmAw-3D-3D5P-u_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQV=
I43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0o=
HOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2=
BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7=
jk1plj8R-2FDH4uYDoabwcoahLHG-2BGGD5l7MPDcTgWLL457DDuKcdGC434cj9Yd5CGkFR1fLW=
1jp0lzFTI3rf2zjibKVMGZWFXA01-2BXRw5Fwrywk7AlLMTXfIwtoZhevSyrQ8EUZRtd7jq8ng-=
2FfQDK7HKWXOrkdG9B25jEZTvuaOf9-2BbIY4tId1BBh-2BCE785mn5lbhqUDy2s6YpVgwzuOC4=
j0ajuPtbrBKrAe-2BeWF-2FgcMFg5DIPJZ7jR0g4xcN2tayn1Quhc-2FkV5JUzX4P-2FO9SDDvw=
DsNyuHn9fI1UgonAqaD0-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"t=
rue">US operations</a></b> in a joint venture. <a href=3D"https://url6380.n=
ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7=
ONnvsnswouzWeiZ5dyTEXeUK0-2BoS5-2FMYRnueKHabLSJUqXomQXHDk-2Bg-3D-3DmZKR_Pr9=
66knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0=
weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzC=
BtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYA=
oHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoavIQd=
joj5juTFEfml3Fx-2BkXyewnS3Icd1V79ChIXUvugK-2FNYMQNXLcZ5h8pnglau4-2FOhj2GZuL=
YctShDpqy4PoTrilSF37VskF5RPI2Pnv9nKaDm-2BgHPr8VGmGVqpfGaOz1cbUnSjdIYK8bkuOs=
QYkiyx5pzwE-2BW818VC53iEvq55eHGhsfIvlhsHx7lYoQW0d4p5zb1o7zfkjYWpnLfC2b1ykWU=
Fec-2F-2Be5DEndFeheAmMi35QOJHGgA3Y9pRzPU1fEagr7TBiluq-2Bw9MoZLBzA-3D" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">ByteDance</a> will retain=
 a 19.9% stake, while <a href=3D"https://url6380.news.pitchbook.com/uni/ls/=
click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWeiZ5dyTEXeUK0=
-2BoS5-2FMYRId-2Bw63-2FsIuNABy-2FISQjAfQ-3D-3Dz1PU_Pr966knuaHmaw6c7pKvB-2BC=
EiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b2=
2jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG=
-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-=
2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoaj6o9rbJFKIsdj36CHcFiDl6ha=
8amNC-2BV4t9jWWcsHwAbMZRnELcAA-2FRInIDE9sf-2FaDfbSZM0OH5l6cksWKNFv5rUUgRYZD=
75r3MSvFzMBql9tLUXrmnpxIL0pkX6LgWUQfA8j-2F2ctWJO-2B9V43yQBeAjLq-2FcH9jNm2uC=
TG4Ug1wgH9dlce3VPARsMKuKN08Qr0DRgghk-2BzUNibysORU6wFTxUlKPfOJYq2SDJy-2F8v8W=
MoL9MmOM-2F4mMwRvwwsdciwNnW3N3TMqHD3jvgOeSzI1M-3D" style=3D"color: #1D5080;=
" test=3D"" universal=3D"true">Oracle</a>, <a href=3D"https://url6380.news.=
pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv=
snswouzWeiZ5dyTEXeUK0-2BoS5-2FMYRQfxCldnwY2Vw0tLhonTOxg-3D-3DD9CN_Pr966knua=
Hmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4=
tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCosz=
TK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-=
2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoagoiLxjAT1I=
y-2FMCe5s3rg3r17GwqzaaOpkSaloy-2FIlNAgxah9cc2GbqRHKpDndIL-2BefJUWfijdbog40L=
-2Bl-2BVEfpRdkKBZEKcESibQOIXbx8-2F3iZNS2WuDyAsjJrjHMeDjVw2gPQfcEOINl8EF3OUH=
t-2BbVicSy5BzDDSHouEHmI8nt6EVyVGniXKyNDBS9X5n0-2Bej-2B5h4sVyqzwgsSRJTL1vgZm=
2nIXrzUtWkKDl2KDjl26F6vGjrUNUsdsmb2BJrlth6-2B6PCxYkbLgspyJ813Uc-3D" style=
=3D"color: #1D5080;" test=3D"" universal=3D"true">Silver Lake</a>, and Abu =
Dhabi-based investment vehicle <a href=3D"https://url6380.news.pitchbook.co=
m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWeiZ5=
dyTEXeUK0-2BoS5-2FMYRX-2BNvyIxuA4e4twKEgnRiHg-3D-3DD1mL_Pr966knuaHmaw6c7pKv=
B-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fl=
n70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLr=
CB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GF=
JMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoapWyK5uOwFe5tP3jOZ5Pt=
WeyJr8LXCEc9-2FOH9-2FML0zopV7TZen6JRrBRc31ZnbgnC7Zu3p-2FzwL60fqO6Plg6IRi3Qr=
MrXswubBWN-2BvngOKjEwi15OOu64xnpM03dIcK7Bsl2vhQ31Nc-2FBsdMA0zvTLxGzyXRHXybW=
TP5aiT8nVy3NVabowU4rgN0v1Jq-2BxkxD2xZzr8fx8xdvAe4xHvfsqhXRyioKmFnumW14u4mNi=
p-2F-2BiBIYtGL1EKES-2FO-2FXAxj6bC8hgEUuDxJ5pscxDIF-2F7k-3D" style=3D"color:=
 #1D5080;" test=3D"" universal=3D"true">MGX</a> will hold 15% each as manag=
ing investors. Other investors include the family office of <a href=3D"http=
s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI=
rf6GFa-2BaqM7ONnvsnswouzWeiZ5dyTEXeUK0-2BoS5-2FMYRYyIzAqRz7-2FpdSCleT3oylg-=
3D-3D01u5_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68=
NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNq=
IbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU=
-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4u=
YDoabwcoan0RENexljjiYef-2BUWLW0E3FlGytdTUeOZTfX0DW-2Bbj58O5WrqGpOW-2BGRqwjg=
ySCj2X9k0NVO-2FsLVFj-2BaWq4tTmHhtUmRh0OwE3AdeXO33XcngHojn-2FuDGdpVpuiOc84IX=
-2Fc4nGB1-2BH0ilm-2FCcUFyXK-2F5whpQNJDPMUIo4PFkYpJingkMT1Yfq4neaIvJS4NFwRIB=
RSgOWTEh515Q1s-2BE09-2BT0u8X0q5i43utlNqvxbNnrj1TRVOzV4BJDHKIuOEfSTPixh4hcaI=
wP3pCKmVdvo-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Mich=
ael Dell</a> and affiliates of <a href=3D"https://url6380.news.pitchbook.co=
m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWeiZ5=
dyTEXeUK0-2BoS5-2FMYRCFOXu0pQxPPTDZYHOar97w-3D-3D5ZEy_Pr966knuaHmaw6c7pKvB-=
2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln7=
0b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB=
7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJM=
iV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoakRm0kMRnSVROQzyyTMtOps=
XywYNbilA9qMyRZAQbJYzhsuCpiviRXZ6hM4xTcpL5kxoMZmq3cwjykuFMseg-2FaqsJR1fJy8q=
RC4uiDcYv1Qk3Bm45YOPFQNnA-2BMgxTbnY38mwr-2BFZ5-2FEgB6cxUX-2FQ9vgOJ9KePTqdLM=
nxwjK6XMhX6NFzKxlTnZqTGE5jlEYWE-2B3lVwb6eIk6JC-2B2LBvMhxOwZcmlSajaZDmibgmhk=
cEEiphtcYjt8UsD4NIlTxPvLeAXKvVn4EeiZY2w5AraVo-3D" style=3D"color: #1D5080;"=
 test=3D"" universal=3D"true">Susquehanna International Group</a> and <a hr=
ef=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4C=
uylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWeiZ5dyTEXeUK0-2BoS5-2FMYRkNp16R4-2BX-2B2=
PtRHDHBl-2FVg-3D-3DNi6x_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI=
43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oH=
Oftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2B=
Z200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7j=
k1plj8R-2FDH4uYDoabwcoatIJN3yuozGdo65U3qdYqJydX5MXurjPZisTkqwyg3G-2FfdpQBOq=
97RgZARjoC6PYV6wqaUH8MVvHdWFxbA8eqIClitOi6ffOoYx3FoHf88i9B92hcTXQRLJpSOQW8r=
RgKe2gKOOP3siiyfBj-2FS3Hkwhwl9IhwDtSFAPl9aubB-2FXq6MrNF0IyyekiuHYvP1LmH8SqX=
OAAgeEhjP5gTFptMo6zc17iE0d3-2BoJ2znDyztDEAUfo6easBSz-2Fyl4wUq2qJFPSkFIwO45q=
yRAduBsbiu4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Gene=
ral Atlantic</a>.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Exits</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWeiZ5dyTEXeUK0-2BoS5-2FMYR46eA33rexH-2B=
jElJoQw4mfA-3D-3Dn6d7_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43=
kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOf=
txfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ2=
00qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1=
plj8R-2FDH4uYDoabwcoajsQgbsQ1cO279rh3pQgv4bYs1NZeWzVx-2B2JOTNM-2FkB6x48Lhyt=
6KbquCWvxxSmq8GjGvvWMlsmtqPM9N1EfECccUfHRiMLaQmJ4v0ShutmsAFkuU1t94IoRqMHhy-=
2BoPZym-2FZALEEXPur-2B3pVSSnNZ8589nPH2v8NQgAx7NAZqJXxkRXlYEzHYp-2FZkpUs9XeQ=
s7OQ9NRmw1giAozGvN4nxkZIzpuCmNY6Khqx11EL9ESt6NqDnprT9X7QTWotOTqbdHn-2FDbKd9=
tx9mG6tp8bZew-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ha=
tch</a></b>, an AI management and communication platform startup, is being =
bought by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3D=
u001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnCQJ4k5dFzrtn8txWx4zehSHx=
h6BgfaUW9TGvBi6OuQ-3D-3DvqMR_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4=
BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb=
8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx8=
7u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3=
SPO7jk1plj8R-2FDH4uYDoabwcoauLF3jRtnNSYy0u5baYinjzHZajdl-2Fm6p-2BnggBk6rmGp=
WZeUdgCpCbZ7OSkm64jvAMDcaMR-2BdIxBlP-2BePF3JWXPdsC28xt-2Fv0chEjyboDUdvdNRO4=
MLmVqLCs4K4sbtGQYHfDc9GguA-2BzDpos16AK-2BSvDHPgXiSDzoffay0-2FuF7T7zVSyuJseW=
uCDe-2BEToEr4wOcLOLnfGRywFTNTtBtsW8qyO-2B7kkgswh1Mpt88dBfP9a8E-2F-2Ba7zmChN=
C5Nmm0FQv-2F0YbCwmoVihBQrLKH315k-3D" style=3D"color: #1D5080;" test=3D"" un=
iversal=3D"true">Yelp</a> for $300 million.<br><br><a href=3D"https://url63=
80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B=
aqM7ONnvsnswouzVnD9-2B73j6m-2BPLIuja5kln3-2FzNVTugGF4T4fVrTG6v8uQ-3D-3DmsK-=
_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-=
2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8=
SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5Vlwnp=
MBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoa=
qKY9GCt3ZGiUEzZrjMhY9-2Bcb4fdY-2BT0r4-2Bw7Mc-2Fae-2FzQxorgRhQ30itVdRtCUiReT=
yhsM7OoDyyTIOuSRA6IF4pfhJdHA47TyBNht622cCp3qOJoabY0hBfkMfg5fLsdXYyR48xlwLQj=
bKxO4xtB1kEMrM1Cs8jo2PqK3zQ0oi-2BD6-2BjwVdiSWaVR7ZCmnXJRggmbA2Fo0LNGUjC9pZk=
6cC5UmlzTxtKfrX3yShMYq-2BSbu0P4T6B5fdFkY5mnnaM-2F9nML6pAPrqjRCs0JGQ6Nho-3D"=
 style=3D"color: #1D5080;" test=3D"" universal=3D"true">Blackstone</a>-back=
ed French skincare retailer <b><a href=3D"https://url6380.news.pitchbook.co=
m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnCQJ=
4k5dFzrtn8txWx4ze4e4vzfdGQUPeyP8yaAuOKg-3D-3DyWp4_Pr966knuaHmaw6c7pKvB-2BCE=
iDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22=
jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-=
2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2=
B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoal0PA-2BWcmmd5Zm747OePBniv-=
2BN-2F9viClUNnF-2FWwWSlXmdFF0yN8ua-2BnxJvU3B34Nqa7Oal2QLd9QhdEb5MUH5k-2Ft-2=
BzuAcSlZ7WnrQNMSx1ImrNCL7VxXdp5xaiyVB46eD8IPQyZJ0MxDlJlrQt7nGof-2F1s0ZbPtLG=
BTZEcxCtmJkHcd20LqsQZuVCCjWaZ4b5o-2B6DY-2BRR9MCJ3GLHHtyyPQe55ETJjWX8LBymOwI=
AnpydQcNQ8-2Ff2-2B7OsE8GDgZ4bRAIg-2FbjUwXxxhuYzy4tupE-3D" style=3D"color: #=
1D5080;" test=3D"" universal=3D"true">L=E2=80=99Occitane Groupe</a></b> is =
set to go public in 2026, Bloomberg reported.<br><br><a href=3D"https://url=
6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-=
2BaqM7ONnvsnswouzUnCQJ4k5dFzrtn8txWx4ze3KrXssji3-2BKRK4IEe97Z1Q-3D-3DqTr4_P=
r966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2F=
N0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8Sz=
zCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMB=
YAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoaix=
AaBL5iDubDzIaluUqhXlsdNecedDuYYl9yKm16MxXiRdEBoPCcurlYRBUipdpi5CnoS6NDzMZ9W=
nqQ73sGawSfVsUGsVicKG7MI65yVpwPGzPPMPPwNvqDWpm5-2B0hn-2B0TM-2Fdn8Siv-2Fk2Hp=
xO7aiQ3x-2BR2mLmK8-2BSvl-2BF2cmqmHQTwwMZytiGXVDdB3iJYwAh-2FqY9ZHLBy4AUTqk4T=
6CZvIXHhliA6fg3TaNBXEIzZkwc9WkrhFT-2FavUPDGQE99oqvTwddjTq9w4d68Taxpto-3D" s=
tyle=3D"color: #1D5080;" test=3D"" universal=3D"true">PayPal</a>, the onlin=
e payments giant, is buying <b><a href=3D"https://url6380.news.pitchbook.co=
m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnCQJ=
4k5dFzrtn8txWx4zemz0aGqtbGBR-2BqC6QTeyyNg-3D-3DBjdc_Pr966knuaHmaw6c7pKvB-2B=
CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b=
22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7y=
G-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV=
-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoajZw0e-2FQRWsSC6rvcLALX7o=
tD34lbwauoGGsBuWYjPWh0t1boaz1Pz81OQAuZuc0yjDV3fFcT8CBpEZNyrLUHusdefV2WOkFuI=
VuB2-2F8kRtqpMUVG-2FTiUnPL2TlVeQL1czOXebY9BDkKXg7xS5dPxyguf3quuxrm9i1SEbeNG=
bwQvss1VFRQP2jd-2FSHst0-2FcDLFkxLgTKP2u8FPRjTbPD7bipyAsDpwyenLyKSn7OlpLGIhs=
ltNyF981ptagRVpKYETb-2BVJxjfLz3CC-2FOpzyobk-3D" style=3D"color: #1D5080;" t=
est=3D"" universal=3D"true">Cymbio</a></b>, an ecommerce startup focused on=
 selling products through AI chatbots. Deal terms were not disclosed.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Fundraising</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVnD9-2B73j6m-2BPLIuja5kln3-2FzNVTugGF4T4fV=
rTG6v8uQ-3D-3DbMLt_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbM=
cVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxf=
g2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200q=
ibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj=
8R-2FDH4uYDoabwcoamp6TF78bYkCkPDFHvoGy9Vha6lKbtmC0HQR26WP8F7d2xGUbdXeIjEzmA=
cW-2BGCaa-2FMN9O-2Bxs3zls4-2FtWvcYMc0aUstL28k-2BDTg5inpsonApQ4r6oODTfjRgYc4=
fYW2Kgc0KqBhzW-2BIml2DgOeFDLN7jR-2BiMY-2FCg7fL0EdOSanaXKZQbM2WQmNJyee7BYLXn=
EuqiJNOTB1AEhX34tfFVYRXBoKV2VkCWrgZuP2pOOeyZVjmKgQ03NSIHM1dEGnuVF4wt1e5AdEd=
EDCbf0PDqUS0-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>=
Blackstone</b></a> has raised $5.9 billion so far for Blackstone Capital Op=
portunities Fund V out of its target of $10 billion, according to regulator=
y filings.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/clic=
k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnCQJ4k5dFzrtn8txW=
x4zeRJYOCcC1AEpIxD4d1AQXCw-3D-3DKwzw_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0Y=
QP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7O=
HQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWI=
MT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUm=
VG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoakd3OAM88tT4EWkDp-2BGe5TBN6rYepBn8cvGXBe=
05-2FeLmRv6y3BhJsKoNY93-2Fo1xlUMryDR3FNoqtf1np1-2Fs9dZ5Dhbc2lOC-2BJoP7KLRuT=
o6Y0sWSmj4hnbsu66a7MTbTHXpOUdC-2Be21IgTMx1iXkP0iVWt1ArG2U9y1BAFtAp4s4g-2FMa=
YyabxA0IA3IEo523sEsPtqPx2eoMNLK7KDAB98zohJFsxPhwGk-2BUbYaqEEcEMgpGnMpZ0AEnm=
STdPo4MY9ZJ5jVU8zbVuUiJIIOpM4E-3D" style=3D"color: #1D5080;" test=3D"" univ=
ersal=3D"true"><b>Goldman Sachs Asset Management</b></a> closed its fourth =
PE co-investment fund on $2.8 billion.<br><br><a href=3D"https://url6380.ne=
ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O=
NnvsnswouzUnCQJ4k5dFzrtn8txWx4zeGktLY0owobDldrJQhU4UDg-3D-3D-g0T_Pr966knuaH=
maw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4t=
dVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszT=
K939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2=
BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoaj0bGRO8vkSz=
STNbSMdVNFGPKyXrdog3Os-2B6YLBT-2FXJHguIzVXJ3ZOUVY1A-2F5ereG-2Bsi2L7aX7KIC5J=
xDVnAO-2BhnjUtapV7x6pdySmsKFpbTsyaTCXNxEKZwLfnKVFWMT4RMiG3KIYd4lX93k9RRTWWJ=
5PGwDpKqCxvI5cWnvJ2aJ5KNsbsf8rQtgh5R-2B3EYF9LBDCkis2yXYv-2FlPQkRIJSauWLKk0p=
I1juKT2k8sRz1V0TXFwoj783hTO-2BcAKwBitr1fRo58jZTka-2FFVkzUjBg-3D" style=3D"c=
olor: #1D5080;" test=3D"" universal=3D"true"><b>Eldridge Capital</b></a>, t=
he asset management and insurance holding unit of <a href=3D"https://url638=
0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba=
qM7ONnvsnswouzUnCQJ4k5dFzrtn8txWx4zeyOu-2B-2FpvT02PNXxuTNh52qg-3D-3DmWCX_Pr=
966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN=
0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8Szz=
CBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBY=
AoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoalSI=
E770HKWfcmTmCUxSP7gTrfCHDlOwbedfh-2FKxZdYYZroyixiAskS5Pf6RgjL52rZlI3jRJLyRj=
7-2BtUInNQfeJUjgnDtnHo1EwHXxafgwhBDeNk5DP9Bpxwxd2o2liTiXavq5ZQSf2V1fpygv-2B=
oNTQGhRzTsNVesRq0yG7T1jaWFQbj-2Bi7ElV52atZiFOtdbq3pYfeSS9K2RW6BFuc4GQHYrllW=
OQ1dayyO5nvMfIbWD06ndqYcul6JbL-2B6P61Js-2BVY0g9A2Q0fBkE9H4yZ0g-3D" style=3D=
"color: #1D5080;" test=3D"" universal=3D"true">Eldridge Industries</a>, clo=
sed a debut fund for its diversified credit platform, raising up to $1.5 bi=
llion in investable capital.<br><br><b><a href=3D"https://url6380.news.pitc=
hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw=
ouzUnCQJ4k5dFzrtn8txWx4zea5AYCxWBaK3q6z-2BFe3GuAw-3D-3D7xiz_Pr966knuaHmaw6c=
7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0=
-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939s=
JfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6=
i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoatP6T-2BYhWe5VO6a=
8NDShTBARTnplI4GHQMqS8QPtNLUZoBoRxE8FEMwxvxmfL-2BhAP81sx8m5bKFRQm2HSFESajcq=
GW5UitZk1CHfflBrkLsqYvQcPcdlp-2BCkhyJN73Y5Y3LOTmCRDeecm4vBvyIyRxsfmTOi3Y6wS=
-2BRUAV0P5yAvA5kW5ItS7FjDmVDXabeuIUrX5NR8-2FxswgvJPHTh0VNrHdNS0N14ex9uqLK5A=
A6tfdwMCkrpL45QchqHNsHmJm8XSyKAMNcB7J7-2F5m0JjJLI-3D" style=3D"color: #1D50=
80;" test=3D"" universal=3D"true">Gore Street Capital</a></b>, a UK-based e=
nergy storage manager, held a first close for its =E2=82=AC500 million-targ=
eting GS EU Fund.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/u=
ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnCQJ4k5=
dFzrtn8txWx4zefsR8u-2FnWq8NsgXzQNG8iCg-3D-3DZ7z9_Pr966knuaHmaw6c7pKvB-2BCEi=
Dnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22j=
gIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2=
FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B=
9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoakVKkEkEtMeoVh1qaFq9LbeWgt6d=
OO19vt6-2BZcCo61q1iXQhri5PKdVnz83TAFyi34DgAbJ4hZDMSY6-2BeabThPp0PHDthwlP8yj=
5Ns9hTBol36R8fYOp5YVI1hXd34-2FiMwDGxP1HDjLSNtMwEa1VpdKuaUwc93RKqH4TGOgK7fSf=
LPpHL4ErBpE-2FgU8Ft61Omyn9-2FpbvIz720uIKeFE-2Fn-2FFx11EdKRHOBgpfrd8E81n-2FM=
lsb0tmINfD8l8kCP09JPhgE6BLvMhm3Ge8W94PA3Ig-3D" style=3D"color: #1D5080;" te=
st=3D"" universal=3D"true">Healthier Capital</a></b>, a VC focused on healt=
htech investing, raised $220 million for its inaugural fund.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Investors</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUzPOxkDNmklgazuPfaEolwH6ZdujOK8F6w7WHfX=
rmeAw-3D-3DvxhX_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf=
8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2W=
piyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibv=
CXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-=
2FDH4uYDoabwcoajJkVX8eYHoGQZMsYg5QnFbEvxzbAL9mKxI0hUN3nQ6KnWuyQMtZx1i-2BbUn=
xXk2VRPRy-2FHtY5JTTXnsxDHVGsAg6wBAB6XBmyIdw9iwAKdIj6UgFmU-2B-2FE5A8Ug0nOjMs=
QqaYtt4C2OYhjWCiYgxCBUnXbCS4A7eDrakfKDXHFj-2Bxu0t-2BYh5O-2FUiR9pppHUD-2Bbu9=
O341DzboF9FBr44iAKlG8W6orRMUUK7ejSn2Z2D45cgfg4clQt09dkTtQvRWCqUyhF9y6gLckHa=
EXomF6bhM-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">EQT</a=
></b> had a record year of exits in 2025, with total gross fund exits of =
=E2=82=AC19 billion and realized =E2=82=AC14 billion for its co-investors.<=
/td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Corporate M&amp;A</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUnCQJ4k5dFzrtn8txWx4ze6d1CdYFxN9SyRlgot=
7w5Fg-3D-3DLTBX_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf=
8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2W=
piyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibv=
CXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-=
2FDH4uYDoabwcoandrd-2B5Pezqv1V5LptCD36SURswCneBBn2-2FNhcAxNeSofZFS4C0WfIJ5S=
3z57jwXnvhAZZjw2N0glGU4NB0IDjxdna2QQwbd6ruGLiUYfo-2FagAebfGKwLfHYZKwK-2Bl39=
NPpjJ4hzm-2FcoY6VMwQZr1SV3EUgpB-2BdeKtkkwjgiRsjD7RTqNz3gDjjaItWFO-2BFZ0eBlW=
Dfb22Ce3v0xuaE-2BdF5A2R7bAAgLZg6fMcMBsGc6-2FUJhQHu-2Bk-2FIUI1Dm8KE3sNL62I3T=
AbbwgtDcL5AYszk-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">=
Beazley</a></b>, a UK insurer, rejected <a href=3D"https://url6380.news.pit=
chbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsns=
wouzViFs5X3YQCwJOE8GzyC3DIEoaz6X2-2Bw9IX5yt6cVZNFg-3D-3DYVzZ_Pr966knuaHmaw6=
c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL=
0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939=
sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI=
6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoauEmYUtuHmjNwLQW=
RaTPWzXYfV5qLuu-2BJBm2jTrFRXziZJChhoCtl3X9zv4XNDtu6aXIGdeLhgOAGKC5a0bwo3ECb=
xI3EwT0-2Bgx32-2FidkHLqqCekiQbHNv9jwUtPUKEmwuxC4cHFU9GL5UbqYxnwl8wTr1PwDJdX=
JeMOMvVsLSkRoMUsSgxidEc-2BKg9rfTCbsIpN3gYUfMShcBr78jBzpemr-2FRNYhV7Fyf-2B5v=
LuuhwcoS8zUvzYhnUUMfRnk2L2WSi166Eb-2FAaxzcOsfV5ppnTQ-3D" style=3D"color: #1=
D5080;" test=3D"" universal=3D"true">Zurich Insurance Group</a>'s =C2=A37.7=
 billion takeover approach.<br><br><a href=3D"https://url6380.news.pitchboo=
k.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzV=
iFs5X3YQCwJOE8GzyC3DIflj59jen3ije8bEMMSjxpw-3D-3DGbrx_Pr966knuaHmaw6c7pKvB-=
2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln7=
0b22jgIRT5F5-2F7OHQYss4jb8M0oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB=
7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJM=
iV-2B9x7V3CapOFUmVG2nZGL3SPO7jk1plj8R-2FDH4uYDoabwcoagHDlgyc23KYlqTKvOl-2BW=
iM8aVugfjAz7i6ukUXgqZIXxHeyxElu1OEp5fBLYmjl32Il8AZ72x47spdYRathAKad5SbKoWf9=
fz-2BKjSN2L-2F2x0vic8GmOTgPKL-2BCfmQ1Cg5s39nDdnERq6M1JWWPlLS7x-2Bmq1-2FmkBX=
9UqlpuC8T21KbLCsvRYsTBjFRvuwHaqItygfyDcNMTB-2FkmKH8YZ2slyU7zvpj0CAPoQGIhfD5=
-2FX-2B8taJrqHGhp39fpPOGnA5c88I72ElkW-2FFcy4RydP760-3D" style=3D"color: #1D=
5080;" test=3D"" universal=3D"true">The Clorox Company</a> agreed to acquir=
e <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n=
73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzViFs5X3YQCwJOE8GzyC3DIixk-2FUTrMTH=
eKnXDTVstO5A-3D-3Ddf5J_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI4=
3kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0oHO=
ftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-2BZ=
200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO7jk=
1plj8R-2FDH4uYDoabwcoavJ0z5sbOiuRAyDRDKmIDuClAQ-2FB5aY8zgTktHO6LXF9JTULxYAa=
ZWzIME7lQ-2BkNeg-2FJIAonFDBCLrouvXmzRo3OBt8nbV-2FAzg2HiefQQDl3SfIFr0J-2FGNP=
QUbsSI8bU1ZfBa9BC2lNz6ufeKJ1ICoOMtOyiyZ8I9XYKCNUmZ0kl2cHpDEiqBmehsDk3AJ9-2F=
tZKrpwn6zDpofF50-2F69r-2BjXfuNNkbeo33Gca5hNX5jpc9puWIRWWuLH9D8100hpJPPQl8R-=
2Bh8kxpstBTZBg1EPE-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tru=
e"><b>Gojo Industries</b></a> in a deal valuing the hand sanitizer business=
 at $2.25 billion, including $330 million in expected tax benefits deriving=
 from the deal.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Chart of the Day</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-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-2BaqM7ONnvsnswouzViFs5X3YQCwJOE8GzyC3DIQF1-2BSVl=
W9ktM73yvgvo96w-3D-3D9yEP_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ=
VI43kbMcVf8UYA68NVR46qmA-2FN0weiwx4tdVxL0-2Fln70b22jgIRT5F5-2F7OHQYss4jb8M0=
oHOftxfg2WpiyTNqIbgO2Clh8SzzCBtCoszTK939sJfLrCB7yG-2FWNsImXyZwWIMT6GRzx87u-=
2BZ200qibvCXL9wU-2B5VlwnpMBYAoHr4p-2BdjI6i6GFJMiV-2B9x7V3CapOFUmVG2nZGL3SPO=
7jk1plj8R-2FDH4uYDoabwcoakKFG9pRwkCFI-2FcEBercPjQd4IIp0a3GsITgadm3uzVLg28Rn=
9TwfyhKD78gLn4vNyp8p2as8GqENLe2cO21bYiaFPnfwFxiwEYagAA-2BMrfbth8CQEduHohSga=
x0obSDf25uBcKvyzLCacK6Arog-2BQiMsEWnc0YgIg-2Fip-2BnKIGRx1Ca1V1b4RjnbncZ-2Fz=
kGc8F5joUfp6F6n7yyLhxccJMVN2K1mOCx1bRU4GmjgCz79uGIuLen8jdsMpO-2BrPQXrFWqixP=
qSvfEiRZCXD0EUJg8-3D" universal=3D"true"> <img align=3D"center" alt=3D"" sr=
c=3D"https://img.pitchbook.com/news/72291.png" style=3D"border: none; width=
: 100%; height: auto;">  </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
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