Google
Edit File: 1771503823.M602227P3423044.server-619288.prediksijaya.com,S=182538,W=185814:2,a
Return-Path: <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com> Delivered-To: angker@server-619288.prediksijaya.com Received: from server-619288.prediksijaya.com by server-619288.prediksijaya.com with LMTP id wv73IM8Al2lEOzQAf7/9AQ (envelope-from <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com>) for <angker@server-619288.prediksijaya.com>; Thu, 19 Feb 2026 19:23:43 +0700 Return-path: <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com> Envelope-to: most@ponjosonek.com Delivery-date: Thu, 19 Feb 2026 19:23:43 +0700 Received: from o2.ptr812.pitchbook.com ([159.183.175.69]:28468) by server-619288.prediksijaya.com with esmtps (TLS1.3) tls TLS_AES_128_GCM_SHA256 (Exim 4.99.1) (envelope-from <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com>) id 1vt34H-0000000EMRI-1f6b for most@ponjosonek.com; Thu, 19 Feb 2026 19:23:43 +0700 DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=news.pitchbook.com; h=content-transfer-encoding:content-type:date:from:mime-version:subject: list-unsubscribe:to:cc:content-type:date:from:subject:to; s=s1; bh=u2sS5t0ov/WuUTTiodX+YXPwnXbPUzdZkLwIKEdj60Q=; b=b2JcVoaMcEVPzSfu+MKUuO4Exil/Wekr5O80Zg6XqqIUr1QCr+Tefwzd6Bw6l5rdh/Gt OE8+LbhsNKFQln2RMJzuetwIHCWy2/RZKP+y4kVmepTozEQT/PJHqi18+iy3eyFaZLCVnO j0F/jWB0wFTQUY/QeheLpqRnF7WWR9DritKo30Vcw/r6ijZHSH5v1LwB/MeQjrrmoqSVBl KSZTPvO7cdkAFz4b+0AhN79raytLlZVxNkAWNWdcAWSJwZ9H/3H2azomg1JHskZ6lE1V8q 704I+0AJ4w2BdM3cEcCHNVn+0XIgX5fpwmC18Rz2eGUtgsdK+s5ME8puNJF87wzg== Received: by recvd-5c9d749f97-5wclt with SMTP id recvd-5c9d749f97-5wclt-1-69970083-76 2026-02-19 12:22:27.852242159 +0000 UTC m=+5494420.860970436 Received: from Mjg0NTYxMDY (unknown) by geopod-ismtpd-6 (SG) with HTTP id oSd6geQsQ4-khzzeownoyA Thu, 19 Feb 2026 12:22:27.808 +0000 (UTC) Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset=utf-8 Date: Thu, 19 Feb 2026 12:22:29 +0000 (UTC) From: PitchBook News <news-noreply@news.pitchbook.com> Mime-Version: 1.0 Message-ID: <oSd6geQsQ4-khzzeownoyA@geopod-ismtpd-6> Subject: Take private, rinse, repeat List-Unsubscribe: =?us-ascii?Q?=3Chttps=3A=2F=2Fcontent=2Epitchbook=2Ecom=2Fnewsletter=2Funsubscribe=3Feid=3DABLZ?= =?us-ascii?Q?54MOPJL5Q&em=3DTPK2HUIWWCWW6MTTUSIG7EYYZN?= =?us-ascii?Q?B5PPXINB6DV2Q&ent=3DEJKJ2TTFOWZ2C=3E?= X-SG-EID: =?us-ascii?Q?u001=2EwjHNPkoEd0tti6dH8mhCZa5d7rLdiAsxLgSYARk73rxHPd3Aqlcm2Tnrv?= =?us-ascii?Q?pNBcRMFNFcwVOs7OA=2FjzaFr76g=2FipGump8wgBTM?= =?us-ascii?Q?cfZIFp64e6ejYvEFMHvhCVo9yZnn0H7WOfh=2Fe8q?= =?us-ascii?Q?rma3GCFJ7sXl+LYdCgi+G1RwvmxzxFUcsSwU72e?= =?us-ascii?Q?oyaisngc0SL5K7QVgUAd7uu+QrURwMFc4LCDcih?= =?us-ascii?Q?s59qGHBKA6dGu02xET4+tSd6GRk3AMtry8t8aB9?= =?us-ascii?Q?zlOx?= X-SG-ID: =?us-ascii?Q?u001=2ESdBcvi+Evd=2FbQef8eZF3Br+BiVHMa6y=2FD0OxHyDTyeHBn4HmQMpF4Qb03?= =?us-ascii?Q?VKy+NsOif6qx82VoLgh59RtJ66WHiqUyA4Xrq5Y?= =?us-ascii?Q?WXO6JSqtbp12WrdaAkLnh28Jt8Jxmnok1sLKF0u?= =?us-ascii?Q?zLWj37o7s=2FF7gKGBLDujv4P++JPDzcXO5gzsJEk?= =?us-ascii?Q?y0WGmm2hYiFpORfW=2Ft3U7k4iM6SJoMGhTDIAPyj?= =?us-ascii?Q?rX0ZQVXPaAiX40iJUBCFCrWjouH9lGGeawAyOu8?= =?us-ascii?Q?bIaiOdKswWOU2svXCaiWwVZpvoO90H95jlzWIp5?= =?us-ascii?Q?4FeMWvToAfqr6eslVF7=2FiPwnyBJnxwt+gNPbe+r?= =?us-ascii?Q?n5773ficVQNAzufgEeXkmqgmck7A13K=2Fk=3D?= To: most@ponjosonek.com X-Entity-ID: u001.YFoIgyol8PWrw0qKNaJxbQ== X-Spam-Status: No, score=-2.0 X-Spam-Score: -19 X-Spam-Bar: -- X-Ham-Report: Spam detection software, running on the system "server-619288.prediksijaya.com", has NOT identified this incoming email as spam. The original message has been attached to this so you can view it or label similar future email. If you have any questions, see root\@localhost for details. Content preview: PitchBook Newsletters Aerospace, defense dealmaking flies back; PE's exposure to the software reckoning; AI disruption raises refinancing concerns in SaaS February 19, 2026 | Read online | Manage your subscription The Dai [...] Content analysis details: (-2.0 points, 5.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- -2.5 RCVD_IN_HOSTKARMA_W RBL: Sender listed in HOSTKARMA-WHITE [159.183.175.69 listed in hostkarma.junkemailfilter.com] 0.0 RCVD_IN_VALIDITY_SAFE_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to Validity was blocked. See https://knowledge.validity.com/hc/en-us/articles/20961730681243 for more information. [159.183.175.69 listed in sa-accredit.habeas.com] 0.0 RCVD_IN_VALIDITY_RPBL_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to Validity was blocked. See https://knowledge.validity.com/hc/en-us/articles/20961730681243 for more information. [159.183.175.69 listed in bl.score.senderscore.com] 0.0 URIBL_BLOCKED ADMINISTRATOR NOTICE: The query to URIBL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#dnsbl-block for more information. [URI: pitchbook.com] 0.0 RCVD_IN_VALIDITY_CERTIFIED_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to Validity was blocked. See https://knowledge.validity.com/hc/en-us/articles/20961730681243 for more information. [159.183.175.69 listed in sa-trusted.bondedsender.org] -0.0 SPF_PASS SPF: sender matches SPF record 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from author's domain -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature 0.0 RCVD_IN_MSPIKE_H2 RBL: Average reputation (+2) [159.183.175.69 listed in wl.mailspike.net] 0.0 HTML_MESSAGE BODY: HTML included in message 0.1 MIME_HTML_ONLY BODY: Message only has text/html MIME parts 0.5 KAM_REALLYHUGEIMGSRC RAW: Spam with image tags with ridiculously huge http urls 0.0 LOTS_OF_MONEY Huge... sums of money X-Spam-Flag: NO <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional //EN" "http://www= .w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns=3D"http://www.w3.org/1999/xhtml" xmlns:v=3D"urn:schemas-microso= ft-com:vml" xmlns:o=3D"urn:schemas-microsoft-com:office:office"> <head> <meta http-equiv=3D"Content-Type" content=3D"text/html; charset=3Dutf-8"> <meta http-equiv=3D"X-UA-Compatible" content=3D"IE=3Dedge"> <meta name=3D"viewport" content=3D"width=3Ddevice-width, initial-scale=3D= 1.0"> <meta name=3D"x-apple-disable-message-reformatting"><!--[if gte mso 9]><x= ml> <o:OfficeDocumentSettings> <o:AllowPNG/> <o:PixelsPerInch>96</o:PixelsPerInch> </o:OfficeDocumentSettings> </xml><![endif]--> <title>PitchBook Newsletters</title><!--[if (gte mso 9)|(IE)]> <style type=3D"text/css"> table { border-collapse: collapse; } body,table tr,table td, div, a, span { font-family: Roboto, Arial, sans-serif !important; } </style> <![endif]--> <style> /* Windows Phone Viewport Fix */ @-ms-viewport { width: device-width; } .mobile-only { display: none !important; mso-hide: all !important; } .desktop-only { display: table !important; mso-hide: none !important; } .newsGroup-border-mobile { border-bottom: 0 !important; } @media only screen and (max-width: 800px) { .mobile-only { display: table !important; mso-hide: none !important; } .newsGroup-border-mobile { border-bottom: 1px solid #C3C3C3 !important; } .desktop-only { display: none !important; mso-hide: all !important; } .container { width: 100% !important; min-width: 280px; } .content { padding: 0 5px; } .walkthrough-image { width: 100% !important; } .performer-title, .performer-content{ font-size: 6px !important; } .header-msg { font-size: 9px !important; } .pre-header { padding: 10px 20px !important; text-align: left !important; } .side-bar { display: none !important; width: 0 !important; max-width: 0 !important; height: 0 !important; max-height: 0 !important; opacity: 0 !important; } .line-breaker { display: block !important; } .responsive-img { width: 100% !important; } } </style> </head> <body style=3D"margin: 0 !important; padding: 0 !important;"> =20 <table lang=3D"x-pre-header" class=3D"pre-header" cellspacing=3D"0" cellp= adding=3D"0" border=3D"0" align=3D"center"> <tbody> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, sans-seri= f; font-size: 14px; color: #78766f; -webkit-text-size-adjust: none;"><span = style=3D"color: #78766f; font-size: 1px; display: none !important;"> Aerosp= ace, defense dealmaking flies back; PE's exposure to the software reckoning= ; AI disruption raises refinancing concerns in SaaS </span></td> </tr> </tbody> </table>=20 <style> @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 800; src: local('Roboto ExtraBold'), url('https://fonts.pitchbook.com/ne= wsletter/Roboto-ExtraBold.ttf') format('truetype'); } @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 400; src: local('Roboto Regular'), url('https://fonts.pitchbook.com/news= letter/Roboto-Regular.ttf') format('truetype'); } @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 300; src: local('Roboto Light'), url('https://fonts.pitchbook.com/newsle= tter/Roboto-Light.ttf') format('truetype'); } @font-face { font-family: 'Roboto Serif'; font-style: normal; font-weight: 500; src: local('Roboto Serif Medium'), url('https://fonts.pitchbook.com= /newsletter/RobotoSerif-Medium.ttf') format('truetype'); } td ul { padding-left: 1.8em; } td li { position: relative; margin-bottom: 0.5em; } </style> <table lang=3D"x-main-wrap" width=3D"100%" cellpadding=3D"0" cellspacing= =3D"0" border=3D"0" style=3D"min-width: 100%; background-color: #F0EBDE; fo= nt-family: Roboto, Arial, sans-serif;"> <tbody> <tr> <td align=3D"center"><!--[if (gte mso 9)|(IE)]> <table lang=3D"x-main-container" width=3D620" cellpadding=3D"0"= cellspacing=3D"0" border=3D"0" align=3D"center"> <tr> <td> <![endif]-->=20 <table lang=3D"x-main-container" class=3D"container" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"max-width: 620px;"= > =20 <tbody> <tr> <td class=3D"content" width=3D"100%" style=3D"min-width: 100%; pad= ding-left:5px; padding-right:5px;"> <table lang=3D"x-header" class=3D"container" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> =20 <tbody> <tr> <td> <table lang=3D"x-header-subscription" style=3D"min-width: 100= %; text-align: left;" cellspacing=3D"0" cellpadding=3D"0" align=3D"center" = width=3D"100%"> <tbody> <tr> <td class=3D"header-msg" style=3D"padding-top: 20px; paddi= ng-bottom: 28px; font-family: Roboto, Arial, sans-serif; fon= t-size: 11px; -webkit-text-size-adjust: 70%; text-size-ad= just:70%; -ms-text-size-adjust: 70%; text-align: center;">February 19, 2026= | <a href=3D"https://url6380.news.pitchbook.c= om/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXbO-2F-2= BxpR1y4B5Qhq4rYVU6YyJ9xvbuDgkjF26SIer7Gg-3D-3DcP5s_I3w5d9c01gkD8gLzFEofZR-2= Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIh= ycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyB= ouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2= Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSgtaXtgfLygLr-2FEi1JZh7dnNNI= x4JpYvraF8WQYHeY-2B9tz6AN4tAapPgnGfzdPdKpkKCvJEVOrBKmH1G-2FaGKpui-2Fi2TQLOD= 85jw3QjlkwyXbuGozgJQ4M6w1k-2BO3pKHKpig9XnR20GQ6Lzmm60KCfZ959Fr0ZrSpLjb-2Btj= ELt-2BmSoYPn5CHkr0xiovtIqhH2AKhy-2Ff4VJuQs057Cgv9shUiOyUpOFVEYX1pymvSw1aB9b= HclVNvsU35-2BOomqLTfcpYPRC70KEsMKGWVGbE3DXz0-3D" target=3D"_blank" style=3D= "text-decoration: underline; color: #1D5080">Read online</a> |&= nbsp; <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrYCQ-2F7Wx1VdE7sYl12opJBSgX8wjgWQkjpY2yE70mtuFt= Qh5JMynEp-2F-2B0ZsygXiW0dASWMAkXrIC3kg-2BeC0SuDoyGjKHmOSdfo63E0RLyaXhmtZcu9= qypgyxWwak1NhA0coLyWLpIGucErQpvbIjaXQ-3DQpBO_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwa= rHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF= 8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79s= We47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zU= ICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSjfVZjFHFo-2FWxmnKiX6SYdhf9lFupi-2= BqI67x370eBvo9W4K8x451AJfbPT5zC8RQekdzqhI1k8k8nNhiJa0sWFF06PW3pLpWdo8V-2BrG= CRB69Sl-2F4o7m1wCeD1w9LquuUkjtEKwBaKwb4MqODJqd-2Fz0zbDVXScM6KGnhAOACr-2F3lV= IRD3wMrZobBwV4DVMi6-2Ff73xc8sSmXG7dEcb-2BVlLwhnpfHKP-2BpZnDcR8bOUACmVu8v3Kb= NTWcIFeCxD6i-2BxRWxqqKqIiLSxBEmZK-2FyIXuCA-3D" target=3D"_blank" style=3D"t= ext-decoration: underline; color: #1D5080">Manage your subscription</a></td= > </tr> </tbody> </table></td> </tr> =20 <tr> <td style=3D"padding-bottom: 14px; text-align: center;"><a hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzXbO-2F-2BxpR1y4B5Qhq4rYVU6hnUcRQMzYf3nlWhtUuNy= kQ-3D-3D0SSl_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0= m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TU= T5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1p= Jp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0= w-2BIvE2ZSoOx27vpzWwKYjxDlgSbCUOKi3aovz858VIC2sBzl7oSHT4jCnx-2B-2F3xIpsSyVU= vgshGUNAFmiw1wiUjyiXpTPvW-2FnNg2Ic2B8nC3TzL6DbeMzVgB2qQKxqw0qtaFnzJSC1PesV4= eJPOKqE5XVDXJiDJKFULF-2BW-2BUOeMgj4InLDjNd0HLQXe020J6qmIyJUGY2g4D0I8J-2B4G-= 2FPZf8msEMYBNig2NnxVbqDBM29evisdscVnsjwrwwAcNKr0Yn69oXk1Zd4C95riJt4HN-2BaYS= CK-2Fo-3D" target=3D"_blank"> <img width=3D'1' height=3D'1' opacity: 0; sty= le=3D'display:none !important; mso-hide: all;' src=3D'https://my.pitchbook.= com/ms/pixel?userId=3D3DABLZ54MOPJL5Q&eventSource=3D3DZQDXJQ6VUBAECQE7XY5D5= PSLQI&emailId=3D3D6B4EY4Q5ZWCMS&emailName=3D3D6H3WX3QH7CXEMMMBQSMFL245ZG625= LDUYNYOD6M6QHVPV46EGQLU2DKV43QYFSZS&pixelPosition=3D3DUAZEVU3EPI6EYRHRSC2KE= HCFHGQ6ZMZBKVWWKQA.gif'/><img src=3D"https://url6380.news.pitchbook.com/wf/= open?upn=3Du001.4Qe7VL981gyAPMxYoCz8CBKmv7adpoGoGfpUfNDzw-2FIUFPDY6owZNjRg8= mspgm8j8-2BWXcIgBt2pYZhNkkxu1a9wBQDGiXZUyGfeixA4CTG0yFyHdgViCq6fvwtzDeXhv6D= 6Jq4uElAFdC4vVwgzRZZ-2BcQpPz-2BKTLwj4Gqmoy46rKAJujH7mDXLjhB-2BnxmOpLHeFiRa5= hqL-2Fk4PIcbGX3jGNk-2FuIfXE42CJImbefrLM5itGZyuSwVAePBpBc55grR6tujuUy86sDTPd= 5U4uF-2BOaRRBRw79n1AvyBW0ZQUiJc3liOxtaNpcQdA8Qe6kQeaEF-2Bkc-2FIbYbbpD7N9y5o= VgkEjPqsB-2FcJbchqzNaghKE-2F7aaFc16RIwngg4-2FCXrlEbgqHzj-2Fy1C-2Fg43bTprM9u= Ng0fvU6jqp2d26k8QuUrXUesEweoxcJZ-2BpKJtp5lOv5iXwbf8vyHQUPDgzXLthT7R9G9i396v= byVpGN0FhrZdyPOBPSLH8x3H7yeQC6iCKpJU5n6NZMxcltS-2FUNjq89dUMK8RzWFrJZWhsHJhl= qPZ-2BdtZ2jPBEiEe9E19rVN1Yaa" alt=3D"" width=3D"1" height=3D"1" border=3D"0= " style=3D"height:1px !important;width:1px !important;border-width:0 !impor= tant;margin-top:0 !important;margin-bottom:0 !important;margin-right:0 !imp= ortant;margin-left:0 !important;padding-top:0 !important;padding-bottom:0 != important;padding-right:0 !important;padding-left:0 !important;"/><img widt= h=3D"141" height=3D"39" src=3D"https://fonts.pitchbook.com/newsletter/pitch= book_morningstar_logo.png" alt=3D"PitchBook"> </a></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto Serif, Ge= orgia, serif; font-size: 44px; font-weight: 500"><span>The Daily Pitch</spa= n></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 24px; font-weight: 300; padding-top: 9px;"><span>PE, = VC and M&A</span></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 14px; padding-top: 11px;"><span>Your edge on global p= rivate capital markets</span></td> </tr> <tr> <td height=3D"38" style=3D"padding: 0; line-height: 38px;">&nb= sp;</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-content" cellpadding=3D"0" cellspacing=3D"0" bor= der=3D"0" width=3D"100%" style=3D"min-width: 100%!important; width: 100%!im= portant;"> <tbody> <tr> =20 <td class=3D"content" width=3D"460" valign=3D"top" style=3D"ma= x-width: 460px; padding-left:5px; padding-right:5px;"> <table lang=3D"x-main-content" width=3D"100%" cellpadding=3D"= 0" cellspacing=3D"0" border=3D"0" align=3D"left" style=3D"min-width: 100%;"= > <tbody> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; 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-2BaqM7ONnvsnswouzXbO-2F-2BxpR1y4B5Qhq4rYVU6oXoMA98FiFSRDyjUnso4yg-3D-3= DH9RU_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFT= DVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw= -2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8q= WzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE= 2ZSsBTUKnYqKzeFf1uOF6XFEH4dICHakE68rqSq8WFgX6KLDlG0ejaGwnHNSFweHP4N0SRUycWD= EtrdiMWC8HN4HYsDxaFXivmb84Di1w3Bs1FC4BPigbyuCpAkRsVUGFy-2FJuF0VyHYBU-2FrXUQ= 9EZb7ptqQc9WHdO2SqErFdCN8GyEyPpWy7LsrHk-2BEsxC5IjelsPR7MxwIc6SBvdKbCd4VKb8a= OxP5L2WeK07GItuj1r8V-2BBlTEvgSWbPPr8aKtLcxFZLdSG8-2BaXr2YSpdmBYR9I-3D"><img= width=3D"460" src=3D"https://img.pitchbook.com/ads/ad4480/SVBleaderboard.j= pg" alt=3D"Ads" style=3D"padding: 0px; margin: 0px; border: 0px; display: b= lock; width: 100%; height: auto;"></a></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table 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>Sof= tware has been PE's crown jewel</b> for more than a decade. With roughly 18= % of US PE deal value flowing to the sector in 2025, the asset class is now= exposed to a public valuation reset and intensifying AI disruption. <b><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXbO-2F-2BxpR1y4B5Qhq4rYVU6T65mWwRu6RJzw= ZbSUL6bOg-3D-3DbPTr_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdW= eUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkr= LBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNA= QuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzz= BjXhRK0w-2BIvE2ZStNwgaCxOpbG7l54iyrGp8HZCOTOqmKACaQzOmySfb1nbZVs6f6qJuKKw9W= BajkIYZhpYDe4btY-2FGu42nTvpB8-2BPbDT9sF-2FORmulcNEHsE7qsKQm4LIwIyGNWIXFvNO-= 2F5FwqvmsZILOJYljn3e6yRuHtLHoPkE4Nbepv48WQHoGoBZooMH-2FcV3I2PteJfbRlaXiM2yo= 0xGUKJF8jsmoW78Q3Tpupf4-2B9dUJ6cVoQNmZeYNnm417Tx4gCW6nuQQakFMihB46HSSfJBign= tJJJYIU-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Our new = analyst note</a></b> covers how AI is reshaping underwriting and assesses w= hether today's compression signals panic or opportunity.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_577756" id=3D"n_577756" 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;"> Mister Car Wash is once more i= n private hands </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 = Rod James, Senior Private Equity Editor</i><br><br> Mister Car Wash said yesterday it will be ta= ken private by Leonard Green & Partners, marking the return of the busi= ness to its former owner and ending a thoroughly disappointing spell in the= public markets.<br><br> At the time of its 2021 listing, Mister Car = Wash was seen by many as a PE success story. The business grew from 65 loca= tions in 2010 to 344 by the end of March 2021, hoovering up and rebranding = smaller peers across the US.<br><br> The company debuted in New York on June 2, 2= 021, its stock price jumping 49% on the first day.<br><br> Mister Car Wash's high-level financial perfo= rmance has been steady. But it has continued to be punished by public inves= tors. The company's share price has fallen by around 70% from its July 2021= peak of $23.53, and its market capitalization had fallen 22.6% year-over-y= ear as of Tuesday.<br><br> The company is in many ways a victim of its = own success. Leonard Green's initial acquisition in 2014 triggered a wave o= f transactions by other PE firms pursuing roll-up strategies.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXFr997vnHe64dqo-2BQf2dDX9E9e7eR= JOpSLfG3O8eCR6w-3D-3DpQ1d_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP= 1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSj= oTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcr= aWnXzzBjXhRK0w-2BIvE2ZSsVXtksCYcDtGxL4p86XBzB8pNz-2F0Fu5OBWolm5mRmnv2VYT6Xg= hUL4RxID3Edaj9KRntvnqKwdoazNad2aZL3UI-2FPs6y9zzD6Ck3zSW6-2FnXocAAu6MM1M8Vdf= 14Ie4uD8cfw8izEanPk1RHeQOw2S9cH17g7vAKcU404TW47sdf0sehCcYtDJ0FHGGONj9QzYzDl= WZbuEUPNLXWucCZkuCbbVxOM-2BLC-2F16PwmNPZ5OPL9vsLqwW8KzF5EOkCWdFThCHcB5KCN6y= FHyKAgNw8gw-3D" universal=3D"true"> <img align=3D"center" alt=3D"" src=3D"h= ttps://img.pitchbook.com/news/72822.png" style=3D"border: none; width: 100%= ; height: auto;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Invest= ment bank Raymond James counts at least 18 platform investments in car wash= companies by PE firms since 2014, with Golden Gate Capital, Wafra, Oaktree= , Warburg Pincus and New Mountain Capital among those to have gotten in on = the game. The company has also been hurt by a high debt load and weak free = cash flow, a product of its rapid expansion.<br><br> News of the take-private was well received b= y shareholders. Mister Car Wash's share price was up around 16% at market c= lose yesterday.<br><br> CEO John Lai said in the announcement that t= he take-private will allow Mister Car Wash to invest "more boldly" in its s= tores, people and technology and help fulfill its aim of tripling in size.<= /td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzXFr997vnHe64dqo-2BQf2dDX9E9e7eRJOpSLfG3O8eCR6w-3D-3= D2e67_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFT= DVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw= -2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8q= WzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE= 2ZSqysEkgdcw6-2B7OXJiwC-2BAkl5ypojbnaY7wueuttf5mKe0YBxM-2BL6q94UHfr-2B8ydKM= LLEKhKyazN4ylwP45lsDGuVygDxo8uglvZH4slwNHgHGT6U0E6rlT8lOAY-2FbWmle-2F0j028-= 2F-2FmS2p0CdJwLHuCtiE5IiB1OI1yH-2FTWbDVN6trKbQef3eqzBWiOrT962M-2Fr0pmbkOvZ2= auEWTO6PBZIFQnITU1tPR97hFcOqOQseXTf5Sk8wJ57GHLW0vQEKhLkw-2F-2B8EDvDL-2Fdft-= 2F7WyRtsU-3D" style=3D"font-family: Roboto, Arial, sans-serif; font-size: 1= 8px; text-decoration: none; color: black; padding-left: 3px" target=3D"_bla= nk" universal=3D"true">Read the full story<img height=3D"24" src=3D"https:/= /fonts.pitchbook.com/newsletter/arrow-right.png" style=3D"vertical-align: m= iddle; margin-left: 8px;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXFr997vnHe64dq= o-2BQf2dDXbuW6hg1GCRlYs-2BGjqwL9xw-3D-3D_iBZ_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwa= rHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF= 8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79s= We47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zU= ICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsvmUS60-2Bq-2BqfKnZgaVzw3ZUnVbz99= RNx5JKo9a-2FdzKHpUTc7Wn-2FlPVrFtXsmhvooSaCEjaHLtWUabK2EUpwTAkmKzlNCrhK-2FaB= t91eyphEHiZd4jdzSJWirMBKRiGIM2reYipkhh1H1c5-2FSLLTmfSc46LQ2ddCB6V3c11wo0r5D= i3QvuJbBtKZP-2FdkGS5vYFHSoBvnmZ3NB-2BsPR-2Bzq-2Fl-2F4IliGstIDQvxCutq81b8IZw= ZOyVXk49nWCSxgRizH-2B0cF2gbGboKSDMNZkR2iX-2Frs-3D" style=3D"color: #1D5080;= " test=3D"" universal=3D"true">2025 Annual Global M&A Report</a></b></t= d> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>A message from PitchBook</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_577583" id=3D"n_577583" 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;"> Put your brand in front of the= private market professionals who matter most </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">PitchB= ook helps companies reach investors, executives, and dealmakers through hig= h-impact advertising and bespoke research. Partner with our analysts to cre= ate data-driven content or connect with our audience through targeted place= ments across newsletters, reports, and PitchBook.com.<br><br> Clear insights. Trusted data. Meaningful rea= ch.<br><br><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXFr997vnHe64dqo-2BQf2dDXZQB6s= ZxPiZpNo8DE7AxrFg-3D-3DF3b5_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t= 1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQl= bP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsL= SjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zl= craWnXzzBjXhRK0w-2BIvE2ZStC4PKkK0y4NA0-2Fs5XBEBxgkGKrWI2lGbRW3c67I-2BTJgki6= -2B-2By99K1trRcZYr3fjX8HMEgPhKZoJ6i1sutY9kd9-2BHysxiY0Mn25vNRFgj6Y-2Fs3zFA9= z8icE8Ln3Iom3QGsib63RBqXeIOhpUVd5trcyx7ne0cCTlC9thvNAnQ37HorLODRh-2B2YP6xFH= uKpwCajTaaLDznLuol-2F9LZ4AksF4L6AUYRFO2UOVf2uqMZ97x0HrHGbJvwfTEovi9Wk4wV42h= fjb73WU0ShJPx94-2FC2E-3D" style=3D"color: #1D5080;" test=3D"">Explore adver= tising and custom research opportunities</a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Catch Up Quick</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=E2=80= =A2 <b>Fears about AI disruption to leveraged software companies</b> have s= et off alarm bells for investors to weigh the credit risk implications for = their loan portfolios and holdings in the sector. <a href=3D"https://url638= 0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzXFr997vnHe64dqo-2BQf2dDXejI-2Bj0x19BBG12Ze2BwJSQ-3D-3D5rh7_I3= w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sg= l0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ= 2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0= vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsqN6A= u6QONAL49fU0-2FKr3zFZDxrARs2l2PELlt0igd919MkZUFaciaIn9rg0CncbMgE5WUjcdTeOEt= uhZ-2F5RgwWUDPGVmNEM2NrYRJeWSYq0rEaEAT0DwbrWJQpmPX4rCwftvzWJyX13hZ5dJtdvVQt= 1lhICoGyQVdlBNgZb3KgBM2RgSAqjn6cNsdtfL9ppxf7rIHS431VjNe0FY1BUleipCielXU9Ge8= YoVqX7HPN206JN6y1mAfSLvfIke2g2tCX5aQHB61Qp-2BT1O9Px4yM-3D" style=3D"color: = #1D5080;" test=3D"" universal=3D"true"><b>Read more</b></a><br><br> =E2=80=A2 <b>VC capital is more concentrated= in Europe</b> as investors focus on a handful of winners=E2=80=94down roun= ds are declining again as a result. <a href=3D"https://url6380.news.pitchbo= ok.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouz= XFr997vnHe64dqo-2BQf2dDXOXf-2FZyxvDSjFV7qtaW0fPg-3D-3DVsam_I3w5d9c01gkD8gLz= FEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsH= qdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FV= bkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnf= Wk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSjfVZjFHFo-2FWxmnKiX= 6SYdh7cFXkorskNzqK8aqA50Wo6BjQ8nhu0JVCIipeQlkZtSDZN89QhgG6AmCEBkxxBuprUHWEI= e-2BjLemflILuU1yRw5edifHonxk-2Fg4jpfqD-2Bdmfkun5VSgXgFsUdjeBW8gTf0kdtNaKuny= VtfZGToZ5CtucIdhjHphu7fNSyyxpq5NFRO2X-2FDV7YE6jrNC1Dzjh3NC6XkK8z8QnOWHxxofs= TD6fZGse1S1ihUeqrEsAuC0NtXgNi9T8uHRJcnMee1wk-3D" style=3D"color: #1D5080;" = test=3D"" universal=3D"true"><b>Find out more</b></a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </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_577755" id=3D"n_577755" 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;"> Dealmaking roars back in aeros= pace, defense </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 = Jim Corridore, Senior Industrials Research Analyst</i><br><br> In a year defined by tariff noise and geopol= itical tension, aerospace and defense stood out as a sector where structura= l tailwinds overpowered macro hesitation.<br><br> PE dealmaking in the space snapped back in Q= 4, rising 64% year-over-year and 30% quarter-over-quarter=E2=80=94driven by= improved US government clarity on military priorities and continued deal a= ctivity in commercial aerospace parts, according to our <a href=3D"https://= url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G= Fa-2BaqM7ONnvsnswouzXFr997vnHe64dqo-2BQf2dDXlhvAUhivg1wW8IvnApzUfw-3D-3D0ia= B_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtD= m5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BP= QgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTk= fOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSj= fVZjFHFo-2FWxmnKiX6SYdiQwfLI41qbVLpmM7Gf9I-2BkjWh0kbH-2FbXn8X-2ByfPXuGblyBR= FVw7WJH-2FbPYMDe7FL1hmFEO2ILnhOSIJZH0rppK1vD4CMH2cXMrGcGykTsk3s6kmxAIQC0uXs= HFs-2BYPyA1IAZtm5dxZmwSs3cLWKsSEpO1oMznVjLHaYtmcseHLwnvcda7kdBaS-2FKF0BRhn6= F-2FwC95yppFupVZuuZORLrJrLtznyUvYsQVKIq5RANdjdAC-2Ff1EvYtsDl8RXrDHD1dw-3D" = style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>latest report on = the industry</b></a>.<br><br> For the full year, PitchBook estimates 357 P= E deals closed in 2025, up over 24% from 2024. Total estimated funding rose= 19% to $55.6 billion.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXFr997vnHe64dqo-2BQf2dDXDrOEc5e= Zz97vX2vQnDd0gA-3D-3Dv0IM_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP= 1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSj= oTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcr= aWnXzzBjXhRK0w-2BIvE2ZSjfVZjFHFo-2FWxmnKiX6SYdiVFTv-2Bts3dsnVazSGL5XZmDicWm= ZQM8GDaoKcobscZrM4gxxvHh0tJVM0-2Bp6RFo4BhO1ODznCvaTBecXyuoC1LFOZKXZFpaBiaUw= 2-2Fq8QB61hHN7FaLA-2BIfLesSftUQE9ZmBpYhVk4-2FcjE9W6XQq55liEc6jVsvWlaQFw76Ue= t6K93tWn5GLjE6BNHYD-2FgrJi4nhO9QY4eQybbl9U4Ch2jl4NZPtPf1f3NspX4RgWhUuXvPR6A= aJN3RHrXpG0d4MA-3D" universal=3D"true"> <img align=3D"center" alt=3D"" src= =3D"https://img.pitchbook.com/news/72794.png" style=3D"border: none; width:= 100%; height: auto;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Commer= cial aerospace led the way. Estimated deal count rose 15% to 135, while tot= al deal value nearly doubled to $25.5 billion. Airlines continue to fly old= er aircraft, stretching fleet lives and fueling steady demand for parts and= aftermarket services.<br><br> At the same time, improving production stabi= lity at major OEMs has reinforced confidence across the supply chain. Boein= g, for example, is starting to improve operationally after a period of turm= oil and FAA-imposed restrictions on its production rates. The result has be= en sustained investor appetite for long-cycle, high-visibility aerospace as= sets.<br><br> Airlines and airline services tell a more nu= anced story. Estimated deal count declined, but aggregate funding increased= , pointing to fewer transactions but larger, scaled platforms changing hand= s. Investors appeared more selective, concentrating capital in companies wi= th durable, recurring revenue tied to flight activity.<br><br> Several large deals illustrated that trend. = Space-tech specialist Arka Group was taken private in a $2.6 billion LBO in= December. The parent company of Italian airport operator Save Group was ta= ken private for $2.2 billion in November, and KKR sold aerospace parts spec= ialist Novaria Group for $2.2 billion the same month.<br><br> The defense industry benefited from multi-ye= ar contracts, rising defense budgets and more clearly outlined government p= riorities in a world where security concerns are rising. With Q4 momentum c= arrying into the new year, the sector enters 2026 with the wind at its back= .</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #40C2C9"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzXFr997vnHe64dqo-2BQf2dDXDrOEc5eZz97vX2vQnDd0gA-3D-3= DxOfb_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFT= DVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw= -2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8q= WzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE= 2ZSjfVZjFHFo-2FWxmnKiX6SYdg75Jm3kF-2FH5FnoBWAyGn-2B4dLB6gl-2B9-2FJF7Asag90v= D2cGsv6MewosisX0UEQf9OgSWfQ-2BtlLzk8QSu36apLJQbUxTQWq-2BqPYQciLQo-2FJqtJq5L= 8uZ3-2Fkl0lQ7-2Bcltuwmon4YRrtoNBrMGLfgX-2BjTghAe3MwjtVQomqYaiVGZZbiPHoioqmL= wDDEsKSpXzDQcWDQ-2FUBMB91VUbSJVtgFY3OpL2zFs4GckzYwlLnq6yEjsIhNJpLbUIM-2BN5N= zTT5UHw-3D" style=3D"font-family: Roboto, Arial, sans-serif; font-size: 18p= x; text-decoration: none; color: black; padding-left: 3px" target=3D"_blank= " universal=3D"true">Download the report<img height=3D"24" src=3D"https://f= onts.pitchbook.com/newsletter/arrow-right.png" style=3D"vertical-align: mid= dle; margin-left: 8px;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXFr997vnHe64dq= o-2BQf2dDXo1ID8VfeAmcuAMWAa-2F4rBw-3D-3DzIOj_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwa= rHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF= 8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79s= We47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zU= ICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSjfVZjFHFo-2FWxmnKiX6SYdijXRU2olrU= iztA8X6oo2Z6zmiUpxG9IUr-2B0OlT-2FceoPPBwXuKQ1hQpDx0jItzMgQbM0zeHUNZzpyffJRJ= KjHNaDcOmU996OR39D-2FO2FuFFDc2KuoIpfUhp3NXNh5qB7yo-2FW3TaZb-2B0xH-2BzIZwBUF= Wg2ohODbBCEf1ufnWMSrDdaMKCFmeERmMJx3NCGHxa7Y2LMsU3SjUR8h1pJ1-2BvtKIg-2FETs3= SI3MScdn-2FWd9-2BKevdBmGOvhxhszRH7EOxVMDsI-3D" style=3D"color: #1D5080;" te= st=3D"" universal=3D"true">Q4 2025 Defense Tech VC Trends report</a></b></t= d> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Side Letters</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Sma= rt reads that caught our eye.</i><br><br> =E2=80=A2 <b>As AI-driven data center spendi= ng surges</b>, Wall Street is trying to turn AI chips and computing power i= nto tradable financial assets. [<a href=3D"https://url6380.news.pitchbook.c= om/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXFr997vn= He64dqo-2BQf2dDX3vaSvTxor7mhBO1stI9u-2Bw-3D-3DXBp6_I3w5d9c01gkD8gLzFEofZR-2= Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIh= ycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyB= ouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2= Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSjfVZjFHFo-2FWxmnKiX6SYdiOV3= 0KpUYnHHE02HMP-2FBNNQIh1V0mXaXZ59iJ6OMroO-2Fu9H3fPfYIW7pD78vhs8ZUvxiU5MKg0y= nY1x4f-2Bns-2FbZwzjzS-2BV951gYrXfIEeXrjUzmEXUMAkjDAI3F-2FNMTnKBVDe4dHSBDcV8= cfnttWZkBLFSu4T7x3omyyg4L9uKD2yaWiYU56Eqt4bPN9JrerofqNmxyaZ21cj6MF1gLZj2uxJ= mgxnTqzaqWV74FGwWlF2Ky-2BXBdf90fx1fzlY6-2B4k-3D" style=3D"color: #1D5080;" = test=3D"">The Economist</a>]<br><br> =E2=80=A2 <b>In 2026, job hopping is no long= er a viable strategy to increase your salary.</b> ADP analysts say that the= job-hopping hack is losing its effectiveness in a low-hire, low-fire job m= arket. [<a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d= 4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXFr997vnHe64dqo-2BQf2dDX05CGhoRi= Opl9U58SLewLcw-3D-3D4gmk_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1= nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjo= TWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcra= WnXzzBjXhRK0w-2BIvE2ZSjfVZjFHFo-2FWxmnKiX6SYdhpAoksjTGcM1eAyN0qkJNAR4peZSSp= T3vevdgoYFxo6-2FNAymD1nUXMofH0GZ-2Bc4cfzJq-2BqwmjElIWiq3-2Fb-2B-2FdGtWExmvp= CYwVFJeBxeb-2B6Ycrug-2FbCh1g-2BAUbSylA1yVyAWxDfCTrBODStiytOx2xWcGnWJvZzM9-2= BxqpgyVIxgjOG1r2k09x9PJ7rdzJzqIbjjXd8ff8WfmNAuUBhiTQc1Z-2BgYfvhbeT6Mal9lL3Q= P61UYreShicus4R7q8gymcyU-3D" style=3D"color: #1D5080;" test=3D"">Fortune</a= >]<br><br> =E2=80=A2 <b>Norway is once again dominating= the winter Olympics.</b> They let kids be kids. And it works, writes Steve= Magness. [<a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVVtkdX2tIk6LQQKUs-2B40JMEL3fl= sl-2BsF0iJXvildSUlw-3D-3DPCTR_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F= 3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCe= QlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZ= sLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0= zlcraWnXzzBjXhRK0w-2BIvE2ZSjfVZjFHFo-2FWxmnKiX6SYdjJkSaeg725ceM0fLDSRwk1G2n= BTecVpkMBLxNIuoVEqI8v-2Bs-2BAQjbCXaC-2BsCcxw8gXCjVjuLBFzDIQtDoOnZImG08jLsYR= pxTexYi2ibI-2BytJ-2B2-2FmRqnqNsPecxcuB-2BPVGTmqZrmvg8zgcaZczIkvZ2lOXj6oHtNy= TraVBG6azjVMrPs0-2BCMdIqH3T0iuvn0QSJw1bIwQ6B34HifvxISIUhPqFpAe-2B8i0Ihh3OAA= XiVwy76xn6rr9EPiVHkShg-2F2Y-3D" style=3D"color: #1D5080;" test=3D"">Substac= k</a>]</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td lang=3D"x-advertisement" style=3D"padding-bottom: = 20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzVVtkdX2tIk6LQQKUs-2B40JMvQdni33pCJmOMkv3vMef2w-3D-3DH= ptq_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDV= tDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2= BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWz= TkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2Z= SjfVZjFHFo-2FWxmnKiX6SYdiMTiYpevn2WT2Wq8j3QH7dRw-2BeV-2FhKjyv7LtroXKMkR0q7l= dd9AcaYHSVfn53h6-2FN6YFG88TJ4NPdIh-2BTSv-2B1MltvLTkviZRPJUx9GRvL8dPHvDyuXCU= mL0UhkvHTu4atKMlRvC-2FdOgqkuJPIoBeVV0Enm-2Bgh0psfz61YnFk32my1XJzGxQZJKySvpK= ef-2BBLq11PmKgR2XpVU5zxhKp3YoyQVZiQOWZBbS-2FweN9V8PqllmMQgvBEVk6imUtuomxoE-= 3D"><img width=3D"460" src=3D"https://img.pitchbook.com/ads/ad4466/rsmfebh2= .jpg" alt=3D"Ads" style=3D"padding: 0px; margin: 0px; border: 0px; display:= block; width: 100%; height: auto;"></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;"> 655 </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;"> 2480 </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;"> 965 </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;"> 23 </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;"><!--[if mso]> <v:roundrect xmlns:v=3D"urn= :schemas-microsoft-com:vml" xmlns:w=3D"urn= :schemas-microsoft-com:office:word" href=3D"https://pitchbook.com/free-tria= l" style=3D"heigh= t:43px;v-text-anchor:middle;width:148px;" arcsize=3D"50%= " strokecolor=3D= "#F79B3E" fillcolor=3D"#= F79B3E"> <w:anchorlock/> <center style=3D"color:= #000000; font-fami= ly:Roboto, Arial, sans-serif; font-size= :12px;"> Request a free tria= l </center> </v:roundrect> <![endif]--> <a href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzVVtkdX2tIk6LQQKUs-2B40JMuu0ie6JtjJZXWfgyygMR5w-3D-3Dj= _wp_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDV= tDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2= BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWz= TkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2Z= SjfVZjFHFo-2FWxmnKiX6SYdjOKvmDVN5eoFN9EyOlh9PQ9-2FoWHmhDEUMFdnXyq-2FauaZ1Uk= L4s-2BihKz8wXqvB12Pa-2F4WPhvo-2BHSlxFmZZeeEiiJwtfoJwTCGU7c8Ffk1V5rTOWSLlWXr= jMh5pldggt-2FYP7Ci-2FbkzJjTNsAhsL358S-2FARC9etee-2FoEZoKXATjWYHzGlYBWC-2BcT= WrkkOb7p4y-2BYwmm20gpFXXS2G18tZLys6SCYRy5KzwGiCa918ADz8pnppeMAoVX1c8nopkGFo= umY-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;"> </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_577747" id=3D"n_577747" style=3D"font-size: 0; text-decoration: non= e;"></a>=20 <table lang=3D"x-news-group-title" cellpadding=3D= "0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;= "> <tbody> <tr> <td><span class=3D"outlook-caption-override" s= tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s= erif; font-weight= : 500; font-size: 20px; line-height: 26px;"> The Daily Benchmark: 2021 Vint= age Global 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: 77.08788806296457%; mi= n-width: 77.08788806296457%; max-width: 77.08788806296457%; 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">17.63%</td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"font-size: 16px; font-weight: 700= ; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1= 0px;">Top Quartile IRR</td> </tr> <tr> <td style=3D"padding: 0 0 12px 0;"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 100%; min-width: 100%;= max-width: 100%; background-color: #40C2C9;"> <tbody> <tr> <td align=3D"right" style=3D"padding: 0 4px 0= 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,= sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">22.87%</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-cash-multiples" style=3D"min-width: 100%; table-layout= : fixed;" width=3D"100%"> <tbody> <tr> <td align=3D"center" valign=3D"middle"> <div style=3D"font-family: Roboto, Arial, san= s-serif; font-weight: 700; color: #1D5080; font-size: 18px; line-height: 27= px; padding-top: 5px; padding-bottom: 5px; float: none;"> 0.10x </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= swouzVVtkdX2tIk6LQQKUs-2B40JM3DMhcabN1lFXtyq5ZnEDSg-3D-3D9O_u_I3w5d9c01gkD8= gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2F= tsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-= 2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1Xhv= HnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSoOx27vpzWwKYjxDl= gSbCUPGv1aSzGT4YDyd8EszDbB9LJIhSwC4obdLZ9xrC-2FPLgdcHyY0DgdBoRRJ1PW25KpFDCW= zPt6K3R0Y00vgi3kdyffvj1CGMQExh-2Ba1AIdrthIITotqlC2eZYbz7uSa-2B-2Bi7vCMi0Ssa= mfKk8j-2Bl9ZvCBs5m7i0T6ovNg-2FTYf8PKMdMBzMFD1reoCcygyGnRbWVRqJKtgg7PwuanLpH= -2BOlr8kGFA2jhQznV-2BOUcdFVo7ZtenzV1PtqBEhGrY1yJdK1LU-3D" style=3D"font-siz= e: 14px; line-height: 24px; color: #1D5080;" universal=3D"true">Patria Seco= ndaries Opportunities Fund IV </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= swouzVVtkdX2tIk6LQQKUs-2B40JMgq5kRvqWq-2FoKypnIM0F1NA-3D-3D83d__I3w5d9c01gk= D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-= 2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wy= R-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1X= hvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSoOx27vpzWwKYjx= DlgSbCUMD-2FsmVfMkiqSxvgA4kPsScpqvK-2B0a9Uk2AKnU269KwXJ7Ctj9kscDGcn-2F7Gkhv= OJa15k6WlT4A5HBc5itam-2FegFBXg6Lp9CF7S7Y-2ByLGRIjVt20dwZC3BvzEoaImvINIqjBcn= 6MRSXUHykT8FfvVytMS-2FPOyprdgp7TIz20nz2x2QRB4KMej8r5f3sUAdRoq0g7o754R53cZzk= tGOwCPaHc5QfS88ctMpUIgMPzYb0AEetyTAGMM6MBczDxMJZDWw-3D" style=3D"font-size:= 14px; line-height: 24px; color: #1D5080;" universal=3D"true">Banner Ridge = Secondary Fund IV </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= swouzVVtkdX2tIk6LQQKUs-2B40JMrDaasU8ou8-2FiDQ2E2rD7TA-3D-3DvBO5_I3w5d9c01gk= D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-= 2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wy= R-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1X= hvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSoOx27vpzWwKYjx= DlgSbCUO9Kvgs-2BofUMZ-2BfUtETnkrajIaIwoq4xaLZpd27ibCD0YNxrlVpVBYY9VAXuEN8L-= 2F7y8UUQntV2P8Lc84fqVOmGupSOeRjRsito9L7f97-2FT6jpXixFq70nG4paVG4RGpJICz1Gjj= nMtz-2BZBsoqXHP9XyEuxZJt8BeFG3ahTbk-2FRSwp4IK-2B1FqXCkUm-2BweCPk3becpDW1Lel= Y0E47pVoQ3R39O6t0pCx0nkOf7BelvxfeW0uucfNbj1rOxZOQ5PqeTU-3D" style=3D"font-s= ize: 14px; line-height: 24px; color: #1D5080;" universal=3D"true">Glendower= Capital Secondary Opportunities Fund 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-2BaqM7ONnvsnswouzVVtkdX2tIk6LQQKUs-2B40JMMwVt= Hh1BJCqbTjJFo-2Bme6Q-3D-3DMSMI_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2= F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvC= eQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2F= ZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B= 0zlcraWnXzzBjXhRK0w-2BIvE2ZSoOx27vpzWwKYjxDlgSbCUPi-2FPS1G32p-2BK87awjpqH5-= 2FuYuzapgxSCuabiMWafXZuJI0Pw9aJZj8Ln8PSm9-2BABBdxXqfAEZaH1gH07txzWbawJokwhE= QTshB89gJI7tpnYnDd-2FsaGTUyV1ODeyKN9MXKD6ZGJpNwyCLjsmohVoMYnGSjJtkGuJUc2VEE= 6jdMHc2opuxlzp78Eum7OUfGADRE7yGcgLylTgKGDb4n8YdzaNzBmHv1-2BRbYv0dYamshb4mPb= vRdPl0r-2F6hLhCQvZoA-3D" style=3D"font-family: Roboto, Arial, sans-serif; c= olor: #1D5080; font-size: 14px; font-weight: 700; line-height: 24px;" unive= rsal=3D"true">30 Funds in Benchmark =C2=BB </a></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Check = out the latest version of <b><a href=3D"https://url6380.news.pitchbook.com/= uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVVtkdX2= tIk6LQQKUs-2B40JMGHOIsdflTjeJLOujd8Balw-3D-3Dl8sz_I3w5d9c01gkD8gLzFEofZR-2B= h6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhy= cyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBo= uT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2F= kf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSoOx27vpzWwKYjxDlgSbCUNI2CtI2= 2dv-2Br7fGJdYiieqwaWoooIV8Nwi0F8D3M3gTLH7qQMV-2F9FmPlc9vL5u7udbk7JRp8tHIO6h= M-2B2jW-2FpXSTAzKgqAe4EZ8UxAIo9D9lLpuKBim-2FyfXxLK-2FazexAs9nuS3Ewh42hzz5q5= w3U6sFlf9rl79OI1E0TQNTFjLe1jxu-2FQknKDjLwsrppoIt-2B4yBKSO6fOv5f4RiZgnsQ-2Fb= qO5-2BiTc5uHqLMCAoLl3Mb-2BKpzXCWo1OilFXDfG5q0GU-3D" style=3D"color: #1D5080= ;" test=3D"" universal=3D"true">PitchBook Benchmarks</a></b><br> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td lang=3D"x-advertisement" style=3D"padding-bottom: = 20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzVVtkdX2tIk6LQQKUs-2B40JMcz-2FUD-2FvwkqSF1Trmz1vt5Q-3D= -3DkAel_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs= FTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNc= Gw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL= 8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BI= vE2ZSoOx27vpzWwKYjxDlgSbCUOpNk3orvZ4p-2FXYV1S-2BnTcCnBgDBYO-2BfSUvBRuoQP4U0= 3q2SyZnWzBS5MXYqATXEOa5hTkmAp8u-2BzAn4U55ztwmUtHatmh5oeke7AJQP7EtnBQY5ldnLC= eBAkWbmaMnpUEQ62gW9tkgAy1TUU0Ftol-2FMSCSlSrXEGdDWyTfQ7Jv2lBw3dykC-2F91POqIm= YoHpq0yPRlNhoZwtjzC0YGRGT0Fey8BozNA04-2FBaCHDsmtqiI7YxGDYWwIZIVaHt9D1Nlw-3D= "><img width=3D"460" src=3D"https://img.pitchbook.com/ads/ad4468/Churchillf= ebbanner.png" alt=3D"Ads" style=3D"padding: 0px; margin: 0px; border: 0px; = display: block; width: 100%; height: auto;"></a></td> </tr> </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;"> </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-2BaqM7ONnvsnswouzVVtkdX2tIk6LQQKUs-2B40JMcCkbzA2mT5p78fvq1Z= 1gzA-3D-3DoC-3_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6= TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE= 1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhR= K0w-2BIvE2ZSoOx27vpzWwKYjxDlgSbCUMZ2blD5MbtmqZ5jtO-2B9f5E0EVrcciZKtUBG3RKBP= qCYNf9FLUcxQefPEisjkrl9QFTj5xRInmjLf8yU-2BR9ds1GE2NlTDMYmTGJgIj5kg6GM6UcS-2= BNzwpISVTua-2BjZRESCB3WT1dtpORvOmgnAol7gwIaf01OYIB8htU7TBns4dDDMZqGZyyIsJmt= BUIgHjT8o8D0wmezRUixfb9NsdeoMai2jBQUcjxWqShl57l499dVIXTHmsMA9cCdIM-2BOQx5SA= -3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">CVC Capital Par= tners</a> appointed former KKR India chief <b><a href=3D"https://url6380.ne= ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O= NnvsnswouzVrDNOKSp7crOf4v6ND2iCjtzLuAtO1abuF0UNUbNzLaA-3D-3D5c7i_I3w5d9c01g= kD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP= -2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5w= yR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1= XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSoOx27vpzWwKYj= xDlgSbCUNblt1v5Qs0DfsGIHNCTU2jfHkKNGsL9FC8L5MJIcoDSgqgxEHIeqEuvNosQbouwICe6= Fpeyl2Aau6klIVWdZMweeysbGyxQjdYBa4rQECpi-2BBFF41IqL-2FTe1Ecz1hBMsRm-2FHbR3g= EueaFz-2BNmiBvvL29vP1vRzSqDO1BQPEZ1u78-2BPDubkIax3y5HkKWakfEKyNYP0MhCoNQwMZ= soSUaBciC1Hn3qENhsTMiYy-2BwS91mzkx-2BUL7bXC06ztFXRb9g4-3D" style=3D"color: = #1D5080;" test=3D"" universal=3D"true">Sanjay Nayar</a></b> as chairman of = its Indian advisory board to help expand its presence in the region, Bloomb= erg 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"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>VC Deals</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Spatia= l intelligence startup <b><a href=3D"https://url6380.news.pitchbook.com/uni= /ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVrDNOKSp7c= rOf4v6ND2iCjh0QXDE-2BT-2Fw-2Fpdmz8OkLXAA-3D-3DNYbK_I3w5d9c01gkD8gLzFEofZR-2= Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIh= ycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyB= ouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2= Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSoOx27vpzWwKYjxDlgSbCUN4WhAF= SHfiKB9sXj1ifJpSBrjBW3WFNLWsxePoIrltfS6ge-2FUWCQI1R542kU6PKD40RirB3BVoqmplq= PN2BQcWA2XwFqYfBc3WW1KH4bS6UZ4zxmbD7DuNhnQv27AjnMwTNToZ0nqfN-2F9DSXrmiy-2BP= iWWT-2FsYqCEPi1S3ENIp35fZyncdsDg9uaP4Q-2BO-2F8EiSWsEnAKZyc-2BtCnycro5FingXu= 4P3kdVzbdadNY1938B-2Bx8n0504huFK1W30Gl-2BNVY-3D" style=3D"color: #1D5080;" = test=3D"" universal=3D"true">World Labs</a></b> secured $1 billion from inv= estors including <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click= ?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVrDNOKSp7crOf4v6ND2= iCjYKXM0Cfa08C5-2Bhd-2Ftk9xvQ-3D-3DYSdw_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB= RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4= IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47L= QxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxX= vVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSoOx27vpzWwKYjxDlgSbCUOGI9PKOvtbhaY2Xnc= SdYcXNhLVdAMG6UUSk7VPB1FenYsZ6a7tMyU6SmVG7sQ-2FO58k02JLTQZEJRIe0nwkkAfjYcDM= biHDFzUA6wPwlv9tDjPkmcv1soWbSAJt7L-2FcOj9emNwcV6q8Q3Go46I6DEAp4JTriHDHCzljI= P4eDPNSfTx5W7m2HZjoq7grtf98S3tC9rIsvDpxl4bAFTgFxHnKmMIyQ0GQ4Rh37HaxqOd0ZDiN= LTpdFQnCp5W4V9PhMBY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tr= ue">AMD</a>, <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVrDNOKSp7crOf4v6ND2iCj7= hWC8fbS9Ek9fxj133BTYQ-3D-3Ds7HH_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-= 2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5Zv= CeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2= FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2= B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsBTUKnYqKzeFf1uOF6XFEFYW5xJ6yEL-2Fc40guDgciWO1= heNhDXxY-2FtxY33F7KhCmR3YKn8vmTKe1ZBnAnwFvhcZ0aqV9qIfv5wyjVQUCFpVSV-2F4OkwJ= meQ5Aup-2FuqcpOsF3dtW5UAXOfLmb63U1UcjN8m6MBca33Xv9SBIxWVTeaYXhwfcHSmDrlu5OG= snxld-2FTsA0pRg7k8XHiSEBZp9aoZalE3rgdd8qedOR84u7VxvbjaWuTsKFWvntjiLoa7Hf9RK= yD43N4GmmbGtBA-2BuY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tr= ue">Autodesk</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/c= lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVrDNOKSp7crOf4v= 6ND2iCj0RhTs-2B2jgS5Uk7GBqyB7Vw-3D-3DtAWR_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHk= xBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jR= p4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe4= 7LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICc= xXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsBTUKnYqKzeFf1uOF6XFEFo-2F-2BG-2FAZu= rTOz1aDP3CiOtthCAolQp84kwmUJPN4fLRDWIvm4BhjGjbDh-2BN9vPvCkfsUaBka882xTOOI4d= XiGdeI2mMQco2i5a0HXIhs6PQlbjN982Fkq0lxO6fro6PU1sWPdYLlb0yDOuj-2FY5AXVknW-2B= pDrjikLajG460UgPQo2tZHOdlBHhtvO217UBtaGz0dOga9ehXC4dsDxZJUvTtC1hvDIAP9yJjjk= CzuR6xOxGNyScUAJPOwTJFB45-2F9mM-3D" style=3D"color: #1D5080;" test=3D"" uni= versal=3D"true">Emerson Collective</a>.<br><br> UK-based AI lab <b>Ineffable Intelligence</b= > is in talks to raise $1 billion at a $4 billion valuation in a round led = by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4= n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVrDNOKSp7crOf4v6ND2iCjkfwAkLqZ1Sb= DZymPWd9pQA-3D-3DmPwS_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb= dWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEv= krLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWf= NAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnX= zzBjXhRK0w-2BIvE2ZSsBTUKnYqKzeFf1uOF6XFEHiFHDpv8-2B16nRFaENrK0pA1hlaUWPLIbb= w2T5lSkDSxImPlSig418Q6jsG5uoveN8KB1a7D8CWdbiml4OwNfR-2Fd1upeJlDMBOBwfPm3WV4= eIbhM-2F3IgUgWwHWO4QSEFBg0czlTeOLZvt1Um9UfKCGGlQBeO8veLaUwc08R6Q5w0ngRybras= KGjCxLWMbSRozSPHUw7cyQHoZWbV74ZmJ25XbDdJqxVfCcxSC2zSYahGIplyq8de3yBs-2BmLPu= 8H8lE-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Sequoia</a= >, the Financial Times reported.<br><br><b><a href=3D"https://url6380.news.= pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv= snswouzVrDNOKSp7crOf4v6ND2iCjEjYZNgw4Zw4Xo-2FXU-2BJk-2B2g-3D-3DIley_I3w5d9c= 01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVt= DbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8= K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7= qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsBTUKnYqKz= eFf1uOF6XFEFsQUO24RUSvtnwHGh32wVGdAwRTFBX0JXiTSa3-2FvAKhwpXSlJ2pMQRWEYIKGpf= 4jaHDWBFWxomqiaUcgyEtd7sokFNOVDr84Jgxj2pLOjCp4P0nuv6-2BnoYU2PgS0Z96xvj70IHL= uETo1ocg0CEohx3jI8dQ-2BZ-2FKxPMff-2FpgubuSJzqkf90tHtufYL-2FfYa7TSHFROgIjj3m= RSyLblAHCnzQ6GRO-2By0EKeMvMtzS3Lp1BpyuqnDFW9Q-2F1suDOkUOkws-3D" style=3D"co= lor: #1D5080;" test=3D"" universal=3D"true">Vestwell</a></b>, the developer= of a workplace and retirement savings platform, secured a $385 million Ser= ies E led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVrDNOKSp7crOf4v6ND2iCjo= 73C-2F9k5HC1EUIWC-2BLNzFw-3D-3DzrUo_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCf= mzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3e= e5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOP= J5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-= 2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsBTUKnYqKzeFf1uOF6XFEG7o4RfXvYN7QBAERhFWz4= nhYoH9DTt6HDrujN3zKBQUKaga7W-2BMlbSfpYvwPFi-2FkyNVF84sDzpEwLteaejRlBFTig-2B= hEAfOGHZlKc3mIww-2FUqR-2FXfWH1dcM4fy2KcKn3-2BbKVvcHCY43fKh-2BdlvuR9rbTk2Mhc= HFNW-2BxoPrdbIV6FAmrqPYBawuldG-2FOGxW6KQVXyVpOX6m-2FxtHZplK-2FHunM9NSptcr-2= Bk6KtX270YuWhIsQ6sKKVResGmDdyVw0MXo-3D" style=3D"color: #1D5080;" test=3D""= universal=3D"true">Blue Owl Capital</a> and <a href=3D"https://url6380.new= s.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ON= nvsnswouzVrDNOKSp7crOf4v6ND2iCjr9N6NJDz2xAkq4m-2B-2BpxPwA-3D-3DCrB6_I3w5d9c= 01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVt= DbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8= K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7= qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsBTUKnYqKz= eFf1uOF6XFEF1VI5M1gdXKX-2Fbsl4fDL-2F7DZ56OawOBZzFJ-2F9qH3y1hPji4UPGSZWZhVjI= AlT4db-2F2LDZRMF0r2TeqIW0dgOl-2FJ5zuA6i7GAzSIl4rkMFkpjA-2FpRIR2d7SwY8HUYw2v= pQOWBE0dWtx5bzExirw5KsoGghnDaHhfPxJR8cQBGglobZZOwYF5PT6WW4rsfL00gSASbjvxQAC= SxqMS44NSUKaKER6e4PvGVILd3ihkVNz-2B3tqeNnMb-2B5tQ8YElh-2FG0Xc-3D" style=3D"= color: #1D5080;" test=3D"" universal=3D"true">Sixth Street Growth</a>.<br><= br><b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001= .d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVrDNOKSp7crOf4v6ND2iCjse0wDtvl= lb2XXND3hfdVQA-3D-3DJv7-_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1= nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjo= TWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcra= WnXzzBjXhRK0w-2BIvE2ZSsBTUKnYqKzeFf1uOF6XFEFnWsT92psYiMJ0KCTg6DhV8lFlTx6ld5= dBkwNYGti26BB012GlYUJ1xCTQv33Lntco8GCTDcCNgkVQx1XQYuF7XGg1yjXjVfzOaqorgFW96= 9u7zVaNjShcl1xYZYAJ45z2UXHVvQL72vesmVB-2BBKXr1dENontIuBHsmC3EVjdlfyGHDxPJdT= 1e-2BAeLInkulD104DtpEfYpVnfB2cEAwlwuKyS7eKdjYQ3UsFQ46a9qKdNsvkLrhoCiJHVg6He= 3lKo-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Kavak</a></= b>, a Mexico-based startup operating an online used car marketplace, raised= a $300 million Series F led by <a href=3D"https://url6380.news.pitchbook.c= om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXwBf= -2FzcLyQGILn2oRbTXFCronYbHgRPefsFCiuuB8C5A-3D-3D-iQ7_I3w5d9c01gkD8gLzFEofZR= -2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVko= IhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKU= yBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M= -2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsBTUKnYqKzeFf1uOF6XFEHcD6= a7nJePUG-2Fb-2FaCeVjCZMdbRXoBFqFqGHWq6noZHexDtCYIUMxZ5yWzsP5NXsK1uXSc96ktGn= MKmuPJ7A0XZLvzIDjR2Z8-2B7SktJd-2BRIOzzy5jnFAq-2BWvRSToXroHSggFkXhVt0JSVow3R= GchsLdiK5NRVVweKWRR4Fj9QZ742mHZWQYuS9RVTuYRzCpEPUniNvrdKo4Lg77jE9e9IoVlmc4y= TgZtIIoJSSltWirYagK4CwLzCMtkp9j4hRAdiQ-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Andreessen Horowitz</a>.<br><br> Energy infrastructure startup <b><a href=3D"= https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7S= pSWIrf6GFa-2BaqM7ONnvsnswouzXwBf-2FzcLyQGILn2oRbTXFCGQEyLy4-2FlZr6AZjgxl7Xv= g-3D-3DPsf2_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m= 8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT= 5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJ= p4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w= -2BIvE2ZSsBTUKnYqKzeFf1uOF6XFEGdCmQ8yAmLrsyDH3GR65-2Fu79npADG5t5GFNpjn-2BxO= 3hq9GjwDUK35mPPdLNDjU0QXqTCxA-2Fp76OQkVKvfg6rR6f-2FENTRjivojTYPpCTsBZa-2B82= DhHOBqQC8weBO0XzjF5YusTqXy-2FVtkyoKO0HpB9TXTtgIahJd8P3OHjzZDXn-2B5cefkkpSc1= 6pew1TvpbhhSZfb-2Bwbk9T9ZhPRA6wbRQ2T1jsHsrRHfWzMhMQ6iw7k1Wf5yD-2BaS2T6qolKN= 1lGdA-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Heron Powe= r</a></b> received a $140 million Series B led by <a href=3D"https://url638= 0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzXwBf-2FzcLyQGILn2oRbTXFCronYbHgRPefsFCiuuB8C5A-3D-3Df-DH_I3w5= d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0= LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2T= Rs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJ= Sl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsBTUKnY= qKzeFf1uOF6XFEF1k7mLTeiOXprtfPLZdATLVUpg9-2B-2Bz21OwkM-2BPX3XZsdgvZEdDjr6D-= 2BMbSHCVe9nLOW6y1arVaNGSHyCKZhm-2FWzEEG1ENG88A1KjdC0dmoDr1O6Q3U2Ljn2EHXl-2F= D3RS6XBuGT93P5PAkJqETxPwZ-2ByPmTdBaMjNLCi3-2FkPYNuEJti1r7RNDJFT1NH-2Fs5wgdn= HadY4g-2BQFGzn43XUXvvi9HHLArmxXuvpYSdomz-2FaCTKBzXQvbHFoHj3EneJs9QkI-3D" st= yle=3D"color: #1D5080;" test=3D"" universal=3D"true">Andreessen Horowitz</a= > and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001= .d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXwBf-2FzcLyQGILn2oRbTXFCU00R5o= rIyAUC4TVBP9rkVA-3D-3DvoWm_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1= yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlb= P1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLS= joTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlc= raWnXzzBjXhRK0w-2BIvE2ZStNwgaCxOpbG7l54iyrGp8HE1URB05tQEUDE2JKxjYpIxOPayiY2= ySCHEgqx-2ByGJbNKBTVIEnY3pmYa6uSMakq5bHCvF-2BCYeBzMUwXI66PDUhV2rgEr6jbi51Gh= tuBBqFn6tnlAmQSDzKlRveJOrb1zzF6UQ4aJPYybeG9y-2F9BtEbRiYTcyqHseqaiRoHKo0nzTn= zxtwoQ1kZn9X38okd7LYDmQn00iawUojPi7aqOQNZXoH1IoqKYjpnwyoJy9xdqg1wHaL-2FjaJO= QMqfRXAOP8-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Break= through Energy Ventures</a>.<br><br><b><a href=3D"https://url6380.news.pitc= hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw= ouzXwBf-2FzcLyQGILn2oRbTXFCPOK5Agb0ux8V9Kzy8gleYQ-3D-3DLld4_I3w5d9c01gkD8gL= zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2Fts= HqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2F= VbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHn= fWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZStNwgaCxOpbG7l54iyr= Gp8FB0u9POqciBwCcFlt61MICSMYcr3ZxjVhLY9Ih17SRHOH-2Bj7oUUEAwiMiFj1DOpHyeCTDy= taSRaXGdGJUV-2FNr5k8Gc54EmGLY34nQ9G5gp0O1jTzHm4CRYq4vC6TC-2FlzK-2FggbvdNKyJ= l8ipl5TkRch3GKQHyl9nfUhxgtkhsheCIitJMsKajqrT9JI5JzVtAhxSqSnn6WPGu9NK0Kp8DA9= kcKd9zXpvqs2rYW-2FMt7n9tR4c1PNicvUTlBHA2sobk0-3D" style=3D"color: #1D5080;"= test=3D"" universal=3D"true">Render</a></b>, which develops cloud infrastr= ucture for app developers, raised a $100 million Series C extension led by = <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73= BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXwBf-2FzcLyQGILn2oRbTXFCz6rWBTH46IuI= KWR-2ByVSuHw-3D-3DwLYF_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbc= bdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nE= vkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTW= fNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWn= XzzBjXhRK0w-2BIvE2ZStNwgaCxOpbG7l54iyrGp8ER-2BOYAjep4RdPlxAwJIxYaNLzJkQDr4L= -2FpbSngPseqnzhK-2F1Ghx9LAJvTV7rWM0KEX0nqrN-2BHmAUe-2FIzyw5kQY42z-2FUi4pkYU= XtQc2yUcdZsoVKl1zP20VCI-2FumO6yWcRaBv7-2FKNxvB7F8hqeAc-2FuHzRW-2FPvEwlped4u= C4DEBtKQftHETJxdMzHndtv5SOjkfuzYGaTRCFPmvemKj0OcUQ3K0fnuthinFuCg-2BU1mu5OB-= 2BI5nLMBxpyFjrhTXzYwB0-3D" style=3D"color: #1D5080;" test=3D"" universal=3D= "true">Georgian</a>.<br><br> Sports betting platform developer <b><a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXwBf-2FzcLyQGILn2oRbTXFCTtysxGLzolarMrtshSW= 2Rw-3D-3DlmVI_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa= 0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6T= UT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1= pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK= 0w-2BIvE2ZStNwgaCxOpbG7l54iyrGp8H1EGGilTd-2FZuxpYlP-2BRIuCXoxtu1eXPoeqxKWRA= V78T-2FrNAQkK5Uk1t9HtEMdD44zOHLi1K9a1m7lJBf8nFzOpCtsS7OPBfcRswATqE-2B3QBSbs= zSYroKftx4Rey3PTCFzKTqgSb3NYdzy0V7-2BST2GedkejNIAQoPVRc-2FIyMxqFmRJc-2FwpUC= DaQl1kS82EoCLMDMrLJayiJFkgZyc5AFL6MZc-2FpgS91TER3Z2lc5z4Ek3mZ3dTcOMmNbbHEBQ= fYNKw-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Novig</a><= /b> secured a $75 million Series B led by <a href=3D"https://url6380.news.p= itchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvs= nswouzXwBf-2FzcLyQGILn2oRbTXFC5NRXGJVUHatwwsa-2BShTKlQ-3D-3DQbQz_I3w5d9c01g= kD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP= -2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5w= yR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1= XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZStNwgaCxOpbG7l= 54iyrGp8GZx-2F3-2BOdm2vCf88qlZ7pvEytnjSgMqn2OMF3hqtKajbj5LmeZJ6vrPll4BfYCBs= y1yJDTCZBiZDbD06RSEE-2FqcihIdsaSejPzxDQVz4Vzv1NYlMj5pk7C6DiakIB9-2BhbWZuq2J= wewHV82CwK0pvg-2FoVR-2BD04O10rAIk3YXWhgGESvsGFNM09E2BsbcHH8F2tmvGxS1-2F5sCZ= Y3ZOn4uIFYGFSUazhf2V6RtPgsRVeiYp9ZGZVsntpvtNUdLnEi2xGQ-3D" style=3D"color: = #1D5080;" test=3D"" universal=3D"true">Pantera Capital</a>.<br><br> AI cybersecurity startup <b><a href=3D"https= ://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr= f6GFa-2BaqM7ONnvsnswouzXwBf-2FzcLyQGILn2oRbTXFCLoP-2FD6-2FsdUmBtaF2NbLR4A-3= D-3DgqaX_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pz= sFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dN= cGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4Z= L8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2B= IvE2ZStNwgaCxOpbG7l54iyrGp8HJcfn7LWpBxn-2Fkxfpjz4N4uWuJGZtn3RiB6qpAU0I8lDSU= JCSbJv80GTYoSFAt4ngyffh2uq7Pa1CN39AqcB-2Bt7Kvw7DwYb50XQTUQT7Q7NSarntUOqtHGs= BSwX1wYJENVHvbCU-2BxX4tNO4FS7QcRQxnDsukauo6DMKyTvrEyYK0KZadUY4AMBfNHrk8B8TI= ez9vDPxWGVRTC5ZbzlAyba-2BdutcsFf9gAu4U-2FP8lU9dbjkA-2FuJkQqARJ2T-2FZCb1uQ-3= D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Cogent Security</= a></b> raised a $42 million Series A led by <a href=3D"https://url6380.news= .pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn= vsnswouzXwBf-2FzcLyQGILn2oRbTXFC82UUSChczjprAtjYIfXOcg-3D-3Dxg_r_I3w5d9c01g= kD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP= -2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5w= yR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1= XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZStNwgaCxOpbG7l= 54iyrGp8EeOzgBEYc96t-2BVlOdRZHKg-2FTujrFht5sNtEmHWuzNIZnD5dCHkXdIROlkKTRCPv= -2FXBRkP-2B54SuJXKoKkoZk2mjxUzkp2jrGRPhWmWD8KUNZYtxjGuI6RARibkpfW8n9JeMPJqo= Gs83LkhzT3gRw5gvKOoY9HsKsjUu34Jb9O7mkc73N2pJOYRQHh7Mgi5BVIqhie-2BdKxdYs3urv= qFJKFgqkiNSjd-2FRPr2EQEU-2BiUXCfR-2BR141sM2djm-2B5kDPNhguM-3D" style=3D"col= or: #1D5080;" test=3D"" universal=3D"true">Bain Capital Ventures</a>, Fortu= ne reported.<br><br> London-based AI-powered worksite safety star= tup <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXwBf-2FzcLyQGILn2oRbTXFCMsLfP= okkt83kxBFmLEWSMA-3D-3DZC_o_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t= 1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQl= bP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsL= SjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zl= craWnXzzBjXhRK0w-2BIvE2ZStNwgaCxOpbG7l54iyrGp8FYKSNYUlTOiKpoIQpOf6j5Pwxd5KB= -2FTEXTgA-2BCeKdkUU-2BEYv-2Bq-2FgONWbns1O1MkFM4mTzHHtNhMVr-2FU2ZuomJkfPOJB4= Z6xVhY-2FvqBFlexCqImRBTT0VCgSJFuMGKEikgUs-2FipBPj1NqsvyfDcz2MNnzTG-2FSYgwwH= 4xbMVNWldn9HSSY8VZaTOcu0l01RyP5Py7LEMXYuSpacC1vt-2FsNGjxWgAYrOWa7zOAbH1cLh2= Z0tt3BRpYRZ-2Baii2H7t9td0-3D" style=3D"color: #1D5080;" test=3D"" universal= =3D"true">FYLD</a></b> received a =C2=A332 million Series B led by <a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVk1JMOZiSLy89rQKhH43omYCXnO7ZXRDdiMsk5EPl-2= F2Q-3D-3D6O_S_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa= 0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6T= UT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1= pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK= 0w-2BIvE2ZStNwgaCxOpbG7l54iyrGp8Ecc8p6NCo8qWVdXHmz12oLPCFTeK4wnYha3PnmxybEi= XFTjAjZb-2FP9I8rxHsaaBBxehoTroyZbcKMwuCmlxlxF9XMMWksH6dkr8wg8TdAp-2F3DR7hAl= knLOV073xDxDE-2Fa0m59-2B3MDdQsdPK0pMvKFD70uA12itGjYLbyhw-2FGGVO9nXXBW5Sp43F= xyKyIHq1Ve5FJZnloVB0EmWRr8-2FMKrxYe2ZYV2qv9OHs0WlmgrQnolsz1qEUjC3OnqlDwJksQ= g-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Energy Impact = Partners</a>.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/l= s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVk1JMOZiSLy8= 9rQKhH43omffe6hZLD-2BucuC6K607KOGw-3D-3Dq-an_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwa= rHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF= 8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79s= We47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zU= ICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZStNwgaCxOpbG7l54iyrGp8EYiAPru9zZYz= 4UImm-2B-2BMke9Wzzdgff8EP9zVnQl4ZZbxBn2WsFHTKlJLqkA0YYDGKKqUiUWjesWfqfmjjrW= m8C04JH7Wk0-2B4kfYsDEIZ1e4uCha1jzGhnRG3JEm0bypKrhpZfpH7R6s-2F-2BC4ff-2B6oDc= UGzIbMuTtkuFfk9Q5WUisnAIcv06-2F-2FFIS53rkBLQvVbzGpE8EVU-2FRbC0e1JSD60At-2BY= qh-2BehJNLe3gFC-2FSv86KEUcNaeEz58qNw765R9cq4-3D" style=3D"color: #1D5080;" = test=3D"" universal=3D"true">SurrealDB</a></b>, a London-based multi-model = database for AI agents, raised an additional $23 million for its Series A f= rom investors including <a href=3D"https://url6380.news.pitchbook.com/uni/l= s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVk1JMOZiSLy8= 9rQKhH43omq-2FIG6iCLi5RVcHBuiyUbpw-3D-3Dt9qO_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwa= rHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF= 8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79s= We47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zU= ICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsVXtksCYcDtGxL4p86XBzALipMwlUf5dV= 8DNh50Iq8dvevksZPDF1YlpGfhwGMz3-2F-2BqW204ymTSLfVDpP2gKDnjjvQB4YyRIlWIhP-2F= 50K-2BbuJiiS9UkugGEORLdbl9D5WB1XELb-2Bzu-2Brzrpy7vdY5vbZBoRvkWJoJU3mViyvitj= l-2FB1A3E9J7yLtpS4q1fK6N1-2B4L-2F6ZuzZZ5Hmhej3bQveQVFnyw-2F4TL-2BLK4E7L6-2B= 4kstfvUyPTGfUsPuzdlVH8RsnnPueYLOsD0FLjPUPgy8-3D" style=3D"color: #1D5080;" = test=3D"" universal=3D"true">Chalfen Ventures</a>, <a href=3D"https://url63= 80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B= aqM7ONnvsnswouzVk1JMOZiSLy89rQKhH43omLLzcKlu96VL-2FaT8Sx32Edw-3D-3DNNPF_I3w= 5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl= 0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2= TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0v= JSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsVXtks= CYcDtGxL4p86XBzCAQlhGhQbLmzI55Imozw1GsDe9nnd6N8bGC9K5N2Q8IX5RWm2gIDtg2lSAU2= oZp9yuQ6eIsYzTC2OgS2MIDyZdNmCAMc3UxOKPTNJc4cE63hU5sKEUaUGecWD3-2Fbs9MpMsY-2= BI7ITYYShsLM5Tifu2qfX84OhYMrNNSLc5RnmD5GyVnr9w3yyXnNnYoAoCGYfDoyMJQHSeGKjeA= chta6IdHoWCMyzxzgEmD9itrOw8QuIEDQCV40Gu0dnp-2F33wIeMk-3D" style=3D"color: #= 1D5080;" test=3D"" universal=3D"true">Begin Capital</a> and <a href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzVk1JMOZiSLy89rQKhH43omjrPJICkQ55uyRrFb8YeM8w-3D-3Ds= SV8_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDV= tDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2= BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWz= TkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2Z= SsVXtksCYcDtGxL4p86XBzAt8u8N5fiISh0oxNuu-2BsOrVVmO7VP-2B-2BoSs5rz0ah7AwHoza= 7RO35KUJURwriA3MvUKrNAnD9dgoM1Va9SPEm4PQ4mA4D22ijm4ycaqSFm2frlfITlHqZ4OHNpQ= 3p8WTX1-2B9BDlQ5PXtewipEVNgCFlAc5vcMl-2BidttF8VlXYy9csxOIIVuwer6bgiZ74n81ga= gljCgPsNUBy3dG7TachcJHi-2FSo21jj307nWMjyDrhM6C6jcHwK-2BIB8S1mtnvOo54-3D" st= yle=3D"color: #1D5080;" test=3D"" universal=3D"true">FirstMark</a>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>PE Deals</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVk1JMOZiSLy89rQKhH43omVuVYcG1Fp-2FDcWDRgYn= YwMw-3D-3D0Bd4_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6= TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE= 1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhR= K0w-2BIvE2ZSsVXtksCYcDtGxL4p86XBzCiUvqicFaN30dcRfoXNFKNmIvbZ0phLN7hKy9-2Bws= OMj9Ief4JZMhi6rGOJjF1NFKoGCs3vKeBTGfJQmv4wk9vnSjd-2BN-2FAgli0rCn5nRlF5tldhH= oI8n-2B5tE8o82YDBAG9UUtocj38By8cuZItoN6cp2LPNCF9s3rylmGNX6rKi1OMX4Wzx-2FnXV= XedtGTvKvpWJSmg7eL9WnXfykFsOcl7csFqxqgq-2BGrUJoz4q5G2n31CGmkIn5Jip-2BadaL-2= FKwzmc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Blackston= e</a>, <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVk1JMOZiSLy89rQKhH43omhjlj6WL= VNQFWjyTzF8rsSA-3D-3DCAvb_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP= 1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSj= oTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcr= aWnXzzBjXhRK0w-2BIvE2ZSsVXtksCYcDtGxL4p86XBzAd7slBAw8QDMW2mpq0p1oIy2bwJewa4= l7rg1Wt6cmLCiWp06jAq9UhLvUMf9CdMhshCbaWv66XryEk0UlH7CyEhftYYJmt5W3wTdIsyLgy= xKxyPGGBjngFQQZb6RpgWUg3srSPjXyM-2BwNVpECcajAdgLL7Rf8VHVwkIDFYbaNaq4yNBkVuW= IdZwvvQw6W6rS-2FBuyalGwl0gcMz4bqCQOqhswTSomW7zql72nCXmPoDvK5wGqg4ZvSrNgTZaD= fatiw-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">EQT</a>, <= a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVVtkdX2tIk6LQQKUs-2B40JMcCkbzA2mT5p78= fvq1Z1gzA-3D-3DBpFF_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdW= eUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkr= LBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNA= QuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzz= BjXhRK0w-2BIvE2ZSsVXtksCYcDtGxL4p86XBzAeDMrmpULh-2BV61BvcOEk0rrAN6NRh-2Bhch= xU-2F4nfUcACJQxEeUjS1MdUGjLSxWgevWnOVbFYwQrKEZIXeutBcGYOigaWhLaGW1h4ZUK0JTO= vfNu9Zx2vAR0dAnqkzZGg1759mkrR-2BYddqgm9b-2BJrCNag2DsLUFqqZgztoStEC2aVDPnTJH= -2Be1AVDJZ9tGioOXYeXdO94ReyRL8VWwpnan9CyWeAAUKiQrVnzlMWNMjqkB2x61S1hv64H7JN= 6iCvja8-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">CVC Capi= tal Partners</a> and others are bidding for <a href=3D"https://url6380.news= .pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn= vsnswouzVk1JMOZiSLy89rQKhH43omeyuNwA4a89aUK9Iw6HmRVA-3D-3DXARe_I3w5d9c01gkD= 8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2= FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR= -2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1Xh= vHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsVXtksCYcDtGxL4= p86XBzDYs15s9Gu6LYGGLszx-2BTIsNjmtCbdNf-2B0DQnTpun-2BeKY2P-2FofyikaaEWIEtsO= -2BGL0QtoFjL-2FwwCatrGHQKwXdhqR5Y-2BHbEIlk8TbyQ7bad10Dh9YDBAa5W9R-2FEi98TzC= tGniVAVI4PxUYgUq-2FI-2F-2FngxDgEP6LQu9Szzi96JTLn0P6j54QfuLnuFAgizkX-2B3ykHh= 0DBrHnC5egy3xo4y-2B2-2FDVN5TzrlMs0Q3ZZmHs7PJuE8IyiTQih216oGrHHtBYk-3D" styl= e=3D"color: #1D5080;" test=3D"" universal=3D"true">Volkswagen</a>'s shippin= g engines and heat pump division, <b><a href=3D"https://url6380.news.pitchb= ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou= zVk1JMOZiSLy89rQKhH43omxNTbYAM6lJBzKrpBxyKjzQ-3D-3D-sjR_I3w5d9c01gkD8gLzFEo= fZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJ= VkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQ= NKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk1= 48M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsVXtksCYcDtGxL4p86XBzC= 9Ki1snq-2FjMOLb4wJRK6egkuZ9-2FToxAsmmC0XUkn47d39GCBYvPQa2d40mZjSZJoRwG-2Bu4= PDcdHPD56ILKpcbW1J6LzFdjKeVjXJoNXlIHwklCsIYSWYWHnDxQJ0IYWdP0yipDxWBMJpt7mAp= XtlhsqEzyZTfNMncdfhFJ-2FiEjvl-2BNppgRqykjW-2B5LRDpxyEhJCSXTvKpq6OLwi3fc-2B7= YDUbQw-2By-2FACL2-2FKpZeEjsRNtDCLuZRB2H7HZXmdgp9cmg-3D" style=3D"color: #1D= 5080;" test=3D"" universal=3D"true">Everllence</a></b>, at a valuation of u= p to =E2=82=AC6 billion, the Financial Times reported.<br><br><a href=3D"ht= tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS= WIrf6GFa-2BaqM7ONnvsnswouzVk1JMOZiSLy89rQKhH43ombS0L1wTRnRVxQDZaPTcR5A-3D-3= DBaE6_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFT= DVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw= -2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8q= WzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE= 2ZSsVXtksCYcDtGxL4p86XBzCg4dAgZkCClo7barR3lm82IatvfLdqgwQWrVBjaz2ku4Qo6nTkd= vBpVMOi2rDHIkIjP5xfbrQ7sAeGYJYpx8ImBJ29f9e2O1gobahrm5qpfGlsksXNpWT3YjVxnK-2= Fr3XviSu8dB2B9tJN1JP5Pho-2B3dMduwbA5i1U9mfH5J3-2B2Htbrj2x7aPsfDg0OF2VkseZI8= ZYhk7xR42uvUfpviAHIZj5cDS0-2BAhp7XLrXNxBDObLabg4CF-2BKUum-2B7w1A1Ze0-3D" st= yle=3D"color: #1D5080;" test=3D"" universal=3D"true">Extens</a>-backed <a h= ref=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4= Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXuiG9YLzoRFOvp2FPsY9CgilYDjBtbXea2TRRtwK= fBWw-3D-3DyEF7_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6= TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE= 1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhR= K0w-2BIvE2ZSsVXtksCYcDtGxL4p86XBzBbzAqro0asGHJ7NoXIBZ2mXK2ncnghBLP7B24L4bn7= tXCSGRfT0wrCqKpP0AtslXb-2Fz6pcMNIb73mSNmhR9oYnQLxxcqtG7PaZC-2FhVNIrnqjpO804= -2Fm9lEJlPBWN-2Fa8E-2Fkr8Z1WuBI9l9YQILMG90w50YCiKE5BC-2F6evdh7JNCNx-2BnJDA6= tHHg3m9tfN3fzq1l3T-2FXNntni2WctjMg3K-2F54shYDgmxo-2F-2ByNJSSPc0-2FTR-2FsaR7= DE7NWyE5FeD1-2BW8o-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tru= e">Orthalis</a> purchased <b><a href=3D"https://url6380.news.pitchbook.com/= uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXuiG9YL= zoRFOvp2FPsY9CgknZrOh7SpAwHxfm8lSkUag-3D-3DXIEV_I3w5d9c01gkD8gLzFEofZR-2Bh6= VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycy= VMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT= 79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf= 9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSqysEkgdcw6-2B7OXJiwC-2BAkn46r4= t8naRgsFnBiHhn5uStg91LfYYi906A2Ddt1xAYvKfMMFJfaGpDnysoTpuKrz0Ev7RdMtsZ0RyZu= -2BQrMZslwPPRf-2B8kd6NRiIzLhcN91obNmvSoNWJeMotErmJmys7GlnmQWII0-2B9CcaOiAk6= -2Fy1cXLMxwx4v0th9Ekb8sq9QLv39x8LxwGMZWwDHs0ORefCQTEIh1dQHJKEB-2BIsnHJoe9LK= tqJvwDum7QaG7nfYCwUoUCvbmZ6MBcqMvDwZE-3D" style=3D"color: #1D5080;" test=3D= "" universal=3D"true">Dentalsoft Group</a></b>, a French dental software an= d hardware provider.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Exits</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVk1JMOZiSLy89rQKhH43omhjlj6WLVNQFWjyTzF8rs= SA-3D-3DQBQR_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0= m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TU= T5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1p= Jp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0= w-2BIvE2ZSqysEkgdcw6-2B7OXJiwC-2BAklEnKN2ro5Ckrl8G901SxSywTBraJnQ9eifLRPKIq= 67uLEG6gpNdz-2F-2B4Q2Y-2FhktKWYLAx3JCJPjDUZAYbVtEHKXDJt5a9LPXYICPaeBcBHlFMx= 08-2BsSAlbQEbg6XL4Xb2Dvr9692Gs8g6-2F0Ag-2BY8KBXlwl3wPTbKY6hIVbO3IydprGHKe6r= eYnW8WQKSpAc3smZ7QgSoIhf6XKgV9htC-2F2afkPCapsfFhx62tm9Oeu71KWz6o7HBtd9xzGL3= nzZawE-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">EQT</a> a= nd <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4= n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXuiG9YLzoRFOvp2FPsY9Cgbg2Fgt5kkdZ= OMAcV8MBKLQ-3D-3DhO4d_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb= dWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEv= krLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWf= NAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnX= zzBjXhRK0w-2BIvE2ZSqysEkgdcw6-2B7OXJiwC-2BAkkX3nBlRVD9g4c1Nk97E8UjdAkBzIwoT= HeylOan8NfG2SDVFR4Tu9AJQVbCmhiJFMQLnjzIuIz806cn6wz0UJSNJxc6NlrHC2Q0eEl6Iaoc= zf9vKPVzSjXVJVxkrBfV2QY72TS86zoRWDHUdWKCggW6POO-2FevLh7VgEsRgHNWcY68cLU-2Fw= 4VsMW2o0NHb6UtIZFKmFxUCXhI9vByHTNQbzowbE-2FW-2F-2BuADxujYw2iPDCksBYNcCWAyOV= yasRi92zstY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Vitr= uvian Partners</a> are working to sell their stake in London-based cyber in= surer <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du= 001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXuiG9YLzoRFOvp2FPsY9CgjtPkh= wITlFoY8Z3JzuxWmQ-3D-3D9678_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t= 1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQl= bP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsL= SjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zl= craWnXzzBjXhRK0w-2BIvE2ZSqysEkgdcw6-2B7OXJiwC-2BAkltvQgvy-2FRTgInQZhlZjBPtI= B0sizVSAEIvMQ5KsYFYoYCs2IK3FSmjqRLeEnzix2HrPrC-2F5EL4vos2G7wcqwU-2FCUkvQyZg= yqIprlkWrrxslORwMa78GHYqpLC25Zbpd-2BP50OJp4u-2FxDVRE81Xy-2F8Xc8GZ-2BwulyNZP= ajedYA3I-2Bq-2FdoA5rK4wMA1MVc6TWYOM2BCVEY-2Fa-2FZIE-2FsGPke0HFrWtDHWVCib4G-= 2BbAW7DEvzBCu6QMPFuHOWW-2FF5R5pbRQQ-3D" style=3D"color: #1D5080;" test=3D""= universal=3D"true">CFC</a></b> at a =C2=A35 billion valuation, Bloomberg r= eported.<br><br> London-based investment firm <b><a href=3D"h= ttps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7Sp= SWIrf6GFa-2BaqM7ONnvsnswouzXuiG9YLzoRFOvp2FPsY9CgYrqozu6bDxuv2ojdiEg2ZA-3D-= 3Drt6M_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF= TDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcG= w-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8= qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIv= E2ZSqysEkgdcw6-2B7OXJiwC-2BAkmOcGXhnC901U2T2nWvG-2FtGBpOvLizeAPo-2BTIAZYRVz= uMClunv5Vs1E9Y4JiMSdeVVkdiEakMuZE9Dkg2xlhLOZ-2B-2BJd1SKvTy9yC0E8ls-2BgSNqgM= koekTBJOmgV2KbJgzft5OhJqO6-2BAQbx3jb-2FPCR7Mx4TyBPZY8yd6Lrg-2FHeKah-2FZTf9I= YQw9mBHakm9-2FZv1NUnNuK6IkgjPr9Dh9akqxq-2FH5aGPFaxpCat1FI12AYmAdFLEbLCoY40b= FB6NgwxU-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Hollypo= rt Capital</a></b> is exploring a sale of itself and could be valued at aro= und $1 billion in a deal, Bloomberg reported.<br><br><a href=3D"https://url= 6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-= 2BaqM7ONnvsnswouzXuiG9YLzoRFOvp2FPsY9CgzXQ-2BnVWKrZKNLWcF7jonfg-3D-3Dewmg_I= 3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5s= gl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgX= J2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK= 0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSqysE= kgdcw6-2B7OXJiwC-2BAkmDP3B2hz9wBJI0Xu2y-2BzmFQW04BDrebZ8o8NfAJ8OvKwyIcs6tbk= dagu8qEQ455M9cNncexyp16yiq90-2BMgUYXeOsJgyL9iCjSlFQqzOMnhuPLfeTgslD5gkPdZNU= hu-2FW4lZklY7BU-2BT6GHsEx-2BkobUWrnhPtje4C5N6dvW8IsVy6Ks9rKMVA-2F-2Bi1UxpfA= vNYtGeWwXfaHAmIiDUxOzdkhPKaev4D7YHBbcDezUvoKp7-2BtQM357eSJDIs7y-2BYB5io-3D"= style=3D"color: #1D5080;" test=3D"" universal=3D"true">Nordic Capital</a> = is planning an IPO for Danish medicines manufacturer <b><a href=3D"https://= url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G= Fa-2BaqM7ONnvsnswouzXuiG9YLzoRFOvp2FPsY9CglzG-2FIi43fnzOlYH6UI2LIQ-3D-3Dm4o= U_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtD= m5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BP= QgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTk= fOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSq= ysEkgdcw6-2B7OXJiwC-2BAkmP7AniqNUvEHsEU3m5dVwwBWmu8qfsXLHeH-2FRYATIyeM-2F3h= gepPaBwNJ6DnyP75zzbyzrs5o2waWeILtGBqSlRF1Ezkd6FIzlwKZUXp0WzNXfQDnbnp-2FONMY= 1c42N09agDfufmzLmEM2rlV7au-2BeXIUYfkYW2vS-2FBdtczMqK-2Ff5jj0Z-2FcizbxRD2j4m= ICsqqYJ9Kpc9bX-2FxKm5fYSwGyPZMc28kl07F8hndeCnmYsPy1J-2B9wQC0pxcz4yTyxVW4EM-= 3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Leo Pharma</a></= b> as it looks to exit its investment.<br><br> Switzerland-based satellite system company <= b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXuiG9YLzoRFOvp2FPsY9CgsztQGikw5pzc= lgsGje9mcA-3D-3DiBA3_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbd= WeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvk= rLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfN= AQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXz= zBjXhRK0w-2BIvE2ZSqysEkgdcw6-2B7OXJiwC-2BAknDa7CJYqt0NM3rv4fOZwQyCKM9dDzYtA= UAiJPapcJKwbBQ5sEeWJhgsZfojkQie82AgSSgv-2BVZ-2BjZt1-2B2J6BGu7w3NAkLp1w7vgaD= Ah5FwJ2zS8LWp6L9fRpcEwAdmSaYy54vrFKJY0KIMXEmU9gPeMJ2Ydd35l2JW-2FKkPSw0Emkjy= -2BUBR3Ufc1o7xzfqNlKkBGyjhQrzgUp00-2FPCRfF8NtWCpqHRI5t6RINBI-2BS70bghHIthUR= PgrrHkhZOxl-2Fag-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"= >Swissto12</a></b>, which is backed by investors including <a href=3D"https= ://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr= f6GFa-2BaqM7ONnvsnswouzXuiG9YLzoRFOvp2FPsY9CglmGMqreOiusXm5jaO9dhyw-3D-3DMO= 27_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVt= Dm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2B= PQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzT= kfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZS= qysEkgdcw6-2B7OXJiwC-2BAknKYJM4dYV8pfWjClV5SWy6ZXdikUIIZJR3mCUUwkc7Qx4S7dS6= zexndNw1jVaj-2BNy-2Be42bhUP6Lg4K5fHNkdkQpeCy4hjMfQ6RJSi-2BVd7z5NZiSNYfh90aq= hxEiAzmrGrOUCmUSQgebZqqLGCct92j8E51f-2ByobjnUwsxyhzlndXLCYh4ZBLfty256VmBMNC= YaCE-2BcGmdnF3kGcVSDAf7Edol8-2BMRbmRA3Uch8z0VmsaS-2Fepv2c5-2FYgiv3-2BiJIo-2= FU-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">EGS Beteiligu= ngen</a>, is considering an IPO next year, Bloomberg reported.<br><br><a hr= ef=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4C= uylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXuiG9YLzoRFOvp2FPsY9CgZ9uZsGSlyug1XyWuNyb= 4Pw-3D-3Drj1d_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa= 0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6T= UT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1= pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK= 0w-2BIvE2ZSqysEkgdcw6-2B7OXJiwC-2BAknzvH-2F8Qn6bFDyKwgpj2M4pDD85ywpyNwn9R-2= Fpar0m3l-2B-2BDejt7R5e-2FRr4SkkCaKrJMqr6X8RkfOoy-2FceWPbg7meBAJMTdhDrC4uXQH= PAKEXQaaIPc5MAJ4Vahh8I2TAF-2FB-2Ba6zUiroFkRL90e7ihXqRYMvPRenlgw4DPEa-2FZU5X= gdXG0QKp-2FNAEHYut8TroO-2FBs5bCilNiIFDrfDuZwHcSvvcIMxOGLGbDMEWuriskt0tkJTED= PKi0hqvgqnq9qVQ-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">= Apollo Global Management</a>-backed <b><a href=3D"https://url6380.news.pitc= hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw= ouzXfvB9eXsBU0Bd-2F5ommEoB4cK-2BHg-2ByfHhOBkAkAhP9XWA-3D-3DR8q5_I3w5d9c01gk= D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-= 2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wy= R-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1X= hvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsvmUS60-2Bq-2B= qfKnZgaVzw3bfds64waZK6ipu66BnwH6i3Je7bax2nGS-2BTiRdQ2t6wgRzDtH4nR-2BrNOmElP= T5v-2FYtis-2BmeW1clCFKIXwYq0pTl-2B7hMipYGvugHaJJV-2Fwt1Vg1wNA2MhUy-2BazAqPe= oGSq0BEYAWcUUfR7UMHPCfjnXkcY2K3kQT2dLbgyyyVzXPbJ0-2Fj7XdbF28NvKP51RmTiS2FFS= X-2F393rJY8hyuQUoaUyNntoQ4AsuVP1mwJKrR8aS1BdU7aw506zAvmRxP0DA-3D" style=3D"= color: #1D5080;" test=3D"" universal=3D"true">The Restaurant Group</a></b> = is looking to sell its airport and rail-hub division, Sky News reported.</t= d> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Fundraising</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfvB9eXsBU0Bd-2F5ommEoB481vd18Duv-2B6-2= FPRY8yCDdQA-3D-3DNn7o_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb= dWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEv= krLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWf= NAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnX= zzBjXhRK0w-2BIvE2ZSsvmUS60-2Bq-2BqfKnZgaVzw3ZZUmpYm-2FZVjk6EzBvjwmoCQqk1Poh= 8tbYyZg7mRXF-2BuR3Ye1z76g-2F3JK4gdOj8-2FnIWFgfGIwLqiLjlAJIlw0pB4Mww00195qRg= wgLP8AySAdFXlV7otLLTXXf-2FxG-2BjPHcm5Ex2NBk2dea1WWIt4e9BZooIrgTmFRi6snr2M-2= BFppZuQHzER86DLFAVCJkQYYKVaRzncA29toNx3O7WjSLbT6xZdPnrURD3zrXAaz95y60YOnWJe= 3WnK0HduIil3M6I-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">= Battery Ventures</a></b> raised $3.25 billion for Battery Ventures XV, whic= h is targeting investments in tech and software companies.<br><br> New York-based <b><a href=3D"https://url6380= .news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq= M7ONnvsnswouzXfvB9eXsBU0Bd-2F5ommEoB4QTQnLb-2FsH9hABc0QFEtn4w-3D-3D_1RV_I3w= 5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl= 0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2= TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0v= JSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsvmUS6= 0-2Bq-2BqfKnZgaVzw3bg-2FAG6i8v4-2BUVSydrenbGvyjSwDUcOuSpJ5gGCBGfAIcOMua0QkW= B-2B1386yEbPGUxhLL1sXLo3-2BH0aSm9zXVw916XJC-2Ft69NBlD0AznbROfq4epor6kRQ63LN= afri37GPElxWPHHmBJwoKiMm68mm9Bhb1-2F3idBmxy-2FUSXi1ARvo3QUChrKgTlNDvIUMi34O= cl0EKtzI36jG8D7-2FUnkVd-2F1bxEeHFDzvgPl7lYbpvHEQkeQx-2BoGDfnasjYyoXN88k-3D"= style=3D"color: #1D5080;" test=3D"" universal=3D"true">JLL Partners</a></b= > closed its ninth fund on $1.4 billion.<br><br> Critical infrastructure-focused PE firm <b><= a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfvB9eXsBU0Bd-2F5ommEoB43TdI12dKCMsqj= FVSIm6tHw-3D-3DlUZs_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdW= eUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkr= LBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNA= QuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzz= BjXhRK0w-2BIvE2ZSsvmUS60-2Bq-2BqfKnZgaVzw3Y5HPkN2xBG82nsAayIEMtgY5IrsVLHQLp= BXfs8QdG-2BOGcyDnQxVwPcWY4eq5ZN-2BuvWF-2BL-2FJ0a2R41k2Sm93g9pSMtG38Stx0eHVj= 0SvP-2B23yXm1jAhOJ64x3irDynW5PNRUlciT1RGLMDgawZubKO6MqjZdKVOIH-2BMGrIR-2FkX= 4O5058NmfScK57EHKq6qvSv4hlyRmGF3FklG4iFgmBMVQikuhqe70kM2kPCBicT4jRZZ9wzJ5ml= tXv3ShTaqiJKI-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ki= nterra Capital</a></b> closed its latest fund on $950 million.<br><br><b><a= href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br= X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfvB9eXsBU0Bd-2F5ommEoB4Mp6aoLdPc2hGoB= nZfHfNFw-3D-3D3VC7_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWe= UgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrL= BwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQ= uOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzB= jXhRK0w-2BIvE2ZSsvmUS60-2Bq-2BqfKnZgaVzw3ZWNEE9mmQg-2FjVR-2BDYbzfx1InVI8uAX= KeGnI4JfrZGknyyfhal-2FOwqBU-2F-2FysF7a6id2K6MFTAQyT261hR2mQQK97waMY87Jj1U0d= 259jxTblEVFTxvsobeFhv2BX8GQ7u0KeH5OaIe0ptgOxGYTxquCiNw0Yk-2FSlz4VyfOHjA0f98= v35bbuTSdiIxjsIyxZUFhxcWS73StQL8yoG4-2F3BGad967G8FPTJMo6GVmx9QDuykRf6-2BYkP= v9OlWqsAZ-2BNMc8-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"= >Guardian Capital Partners</a></b> closed its fourth fund on $441 million.<= br><br> Nashville-based healthcare-focused VC firm <= b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfvB9eXsBU0Bd-2F5ommEoB46K7WVz3LFl= 2l-2FkwbnUYrUg-3D-3DmCdz_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1= nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjo= TWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcra= WnXzzBjXhRK0w-2BIvE2ZSsvmUS60-2Bq-2BqfKnZgaVzw3ZLalP4OFA7Hym0jHTrp-2F5LKiE-= 2FJhsTLdHwoWYT6JPC1W7RFEww13hkIIYW-2BVlJFSXtqxYlBBN-2BKHnP53gOfvM7lM0vdjOeK= yOc-2BtM8Cx5Xsi-2B2JOJQoie3Sp4QNJmqdfLk5lw-2FMKPIuS3Rzwjp1fyOejci2IEw51HW6r= 65Kpd44YqIDmLjGz2ZdWb0VYruj-2BtezbflawYvrsbPRxMMJaJLt8aut8vt29QQV-2BakrL-2B= -2FZ-2BkiUbYzQp-2BJ-2FAsvSa4g-2B-2FA-3D" style=3D"color: #1D5080;" test=3D"= " universal=3D"true">Frist Cressey Ventures</a></b> raised $425 million for= its fourth fund, Fortune reported.<br><br> Paris-based quantum-focused VC firm <b><a hr= ef=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4C= uylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfvB9eXsBU0Bd-2F5ommEoB4QJi3F3FRleHGTLcNO= skjnQ-3D-3DwMNs_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF= Va0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR= 6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOg= E1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXh= RK0w-2BIvE2ZSsvmUS60-2Bq-2BqfKnZgaVzw3ZVAtumaQ137birQZj9CLMSOqDgsKdtkKBE2ru= Kc-2BITy6Ee0-2F2MPbblIB4df9tyKLKgPwhlAuGFIJGJLqnvO-2Fm0EoSQ-2FHFYmI1Kzs4tPE= lKwYUF1h-2F1VJRHpY1-2Bub3Qj0RmQP5mng-2B2JQHTg5bZlH6KEXp2IMMZuHfHqPv4k1pZA7o= hKTQwCNBEjt0BgSaICwRpCyfn-2FraAj4OEc18tRgYN7WYvH5ZNzaqZGLdfeQXZrP-2FAldQyT9= kQuM95abA-2Fsac-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">= Quantonation</a></b> closed its second flagship fund on =E2=82=AC220 millio= n.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfvB9eXsBU0Bd-2F5ommEoB= 4j-2FNPIVl96D5brtAbX15BnA-3D-3D91MT_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCf= mzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3e= e5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOP= J5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-= 2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsvmUS60-2Bq-2BqfKnZgaVzw3YN15e7BXrMtxPjm6r= bAMKEvsSfzuENWMhha7MQzRd6lHYeHVsJ4AI6Kc3MzYXaxYrMsATkHjGZKnE7syukPrPylkDSXM= F4BnL68poKYD-2BIz62kiuFNa06XWUXbCMq0IK1Ub2nIIIxv1Uhbys2bA-2FfEV-2FxsyFd26WX= BKNZNA8Gc4skY0DDqowcke6w6TKyQFu4oO8UWcFPWw5fvZRFLxOUjfpXUQ4AMiGbm98PsTTBj3O= PGosB8w6Jtq2fOHmiTjIQ-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"= true">Moonfare</a></b> closed its second co-investment fund on $83 million,= a 43% increase from its predecessor.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Corporate M&A</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXfvB9eXsBU0Bd-2F5ommEoB4zUJRP14yMXs6LgNa1S= OfEA-3D-3Dz0l7_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6= TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE= 1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhR= K0w-2BIvE2ZSsvmUS60-2Bq-2BqfKnZgaVzw3bh541gJm9Fo1H2Ht9r2bnxL6mP65mfUrb9jCUF= 5HFxmlS-2BB0U52vmNkqIuZPfFnmyl0eqlBPwJ-2BJVSqiox6KjZDNQj7yf-2BJZuNyYgX3b-2B= m-2F4JabABhRKNSexgxn6ZY8jz5VFpfXT-2Bky-2FY8MbjtTKI-2BxZ42yLyqqkO9Y6JxnS5H-2= BzFqw5cQayd-2FU-2BbaqTxLvyGhMK6MnMOSGK33sVfCXKhgbSx8KgdI2ZqsSbwmXqfLMD1e4I-= 2F7gYsXIxmIDPp-2BgL4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"t= rue">EBay</a> agreed to acquire <b><a href=3D"https://url6380.news.pitchboo= k.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX= fvB9eXsBU0Bd-2F5ommEoB4SSJs4L3nM3ypf5DXEgBzHA-3D-3D8EKe_I3w5d9c01gkD8gLzFEo= fZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJ= VkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQ= NKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk1= 48M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSsvmUS60-2Bq-2BqfKnZgaV= zw3Zj9veaHj9VeMbOP1L18OXm38L3FsOPlvkZrBU73SOAR-2BRUwp-2BEufeaywm45dWBxfJZlg= g4jyFZTI-2FEWblzmm-2FaLFZVMbcgUO-2FOlBjfaVW6iHBkYDnJWYlAfeB839p75x2-2F4xs-2= Bc0ffZUAb-2BerRA3D1oGKy50lgAjgEIbpTFfcoGoaTwICR4O7D-2F0iKVHd8QAGSPq2gMxcYA6= 3EFDk74WrOfjXeKBknrIFHlRzPKrrXwsKc8Ogi-2BlrL86nPGI4YjZU-3D" style=3D"color:= #1D5080;" test=3D"" universal=3D"true">Depop</a></b>, the operator of an o= nline clothing marketplace, from <a href=3D"https://url6380.news.pitchbook.= com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWFj= gkcpO-2BXO1gCwuAbxiTMwkXI7UgBScDvpXmnCvt-2F9g-3D-3Dzm-N_I3w5d9c01gkD8gLzFEo= fZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJ= VkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQ= NKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk1= 48M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZStC4PKkK0y4NA0-2Fs5XBEB= xgk6-2F4Aeios8YTTNchnA2EzN3lxMrxLdjvvmagBoL7HjlKC9qQcxaJUTnDkvC57CzCbyl2B1s= T8XRhv1WkbWHiqxdc3x7GsTd-2FaaqdbCkTxCXeXfK3J69HOt7TTaVGcK3OCzy5yCleWCGzAZ3U= QGZyezmRQPNTGmNcuuDDRD4QbE8ABtxnOhLqOu1Q75iE5OylWMRvx1uyQTrDfRoJH15kbHv-2Fw= 4t01S19n6gfrTqLEef3FSySjYOGQd0t-2FUTB5SAE-3D" style=3D"color: #1D5080;" tes= t=3D"" universal=3D"true">Etsy</a> in a $1.2 billion deal.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Chart of the Day</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWFjgkcpO-2BXO1gCwuAbxiTMY7QsWNN= tzzHf9yNHeoZ76Q-3D-3D9zEn_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP= 1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSj= oTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcr= aWnXzzBjXhRK0w-2BIvE2ZStC4PKkK0y4NA0-2Fs5XBEBxh86ly2Fy6CUXu6kKAZMWO6HLMYr25= 8K08hjJF4wv3CZbaZ5kABCZPqPPB9XY6osazNqD1EaoQsNJcNjje-2FR6p1920Q82H9PKcS4TQ4= 1h9Q0TViVgGSTOqvk8Owc6cw70Qc9N7KL0K4gfqI1hDKVnsN9A-2FrpWMOv5mnDwC51eT-2BTrl= ii4N2faILHPenZvgFqqDC221S6gQiVit8PkBDqTJtwUmXEaqTX7b1siAfPNxiJST0EnTRcKVaBf= ABYM1jP3k-3D" universal=3D"true"> <img align=3D"center" alt=3D"" src=3D"htt= ps://img.pitchbook.com/news/72745.png" style=3D"border: none; width: 100%; = height: auto;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> </tbody> </table></td>=20 <td class=3D"side-bar" width=3D"140" valign=3D"top" align=3D"r= ight" style=3D"padding-left: 20px;"> <table lang=3D"x-sidebar" align=3D"left" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td> <table lang=3D"x-sidebar-block" width=3D"140" cellpadding= =3D"0" cellspacing=3D"0" border=3D"0"> <tbody> <tr> <td align=3D"right"> <table class=3D"desktop-only" cellspacing=3D"0" cellp= adding=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding: 0;"></td> </tr> <tr> <td style=3D"padding: 0; height: 20px; line-height= : 20px;"> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> =20 <tr> <td> <table lang=3D"x-footer" width=3D"100%" cellspacing=3D"0" cellpad= ding=3D"0" border=3D"0" style=3D"min-width: 100%;"> <tbody> <tr> <td width=3D"460" class=3D"container"> <table width=3D"100%" cellspacing=3D"0" cellpadding=3D"0" bor= der=3D"0" style=3D"min-width: 100%; padding: 0px 10px 20px 10px;"> <tbody> <tr> <td style=3D"font-family: Roboto, Arial, sans-serif; font-= size: 10px; -webkit-text-size-adjust: none; text-align: center;" align=3D"c= enter"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4= n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWFjgkcpO-2BXO1gCwuAbxiTM6YKk-2BlB= 7o0qtQtiUJKrhkA-3D-3D2kqO_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP= 1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSj= oTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcr= aWnXzzBjXhRK0w-2BIvE2ZStC4PKkK0y4NA0-2Fs5XBEBxj6-2FDhjKA3jZpzw4BX8ubITZHW7Q= RzBbFlDcwOISxtNPvfd3khkC9vqWZvpD5U69rZAUZQIsjX87j-2BUUWc94lSBCQz3lk7DyuFcFo= EWIDlJZKsNgFtgEZdzhrmOWDzE6H2sw8AzW0YFzuh071evdenwBTh-2FkHPXmwRjl1RvhwHvt0q= 7-2B8-2BmU5emqZ5JqUBXxMxJtYHQZycIDYjeiH92yUX0Kycl-2F48kl6v-2FDo3ruIUIpc5Qpi= VnCdgXBtd0iKcvMJ8-3D" target=3D"_blank" style=3D"text-decoration: underline= ; color: #1D5080">About PitchBook</a> | <a href=3D"https://url6380.news.pit= chbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsns= wouzWFjgkcpO-2BXO1gCwuAbxiTMu-2BgK-2FHi2gvQ4gDlTvmqsNg-3D-3DxH6l_I3w5d9c01g= kD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP= -2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5w= yR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1= XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZStC4PKkK0y4NA0= -2Fs5XBEBxhxDFiUP1pCjF0-2BB-2Blo-2F548zk1c26nl2NeL16az5ThRyoasMu1u5LaXak4oj= TGHLvleebUMrYlj6BxAfbr-2FHEqi64eB-2FBkO9qlWoGxnigCwyRYj2FbRKib0KDY6jvwQJNzG= SQwdUC4qPiJic6ClmB2kvXS2GfnFvFDsK2EwyV2fPT4Mw9cgyTRTvHGQLV6pHt8EhbxQ-2FXUG5= -2FF-2BvGjfGh5TUPTDbUPXHqP-2FopStToFWsiLRpAaI95At6ktKeQ5IfRY-3D" target=3D"= _blank" style=3D"text-decoration: underline; color: #1D5080" universal=3D"t= rue">Terms of use</a> | <a href=3D"https://url6380.news.pitchbook.com/ls/cl= ick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWFjgkcpO-2BXO1gC= wuAbxiTMfLAxOSkWe0GnpDZLb2S9VA-3D-3DqQbP_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkx= BRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp= 4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47= LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcx= XvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZStC4PKkK0y4NA0-2Fs5XBEBxg9vlCG3iLea5qW= 3C9kwIBmbKJxn5-2FuSY8-2BySIqYiERcv6VBX5gjkvTQZOabFNAvJCtbUY0W9P-2BPyzJ-2BdK= tWC9aaJViuTzmHo8tVD6nUCNonLplk4yk3oNNB4k0ss6zdELjuL-2Bi7-2FlS-2BkzI6tjzzfjH= rEUpQ92J3UPEOSKMdKAIMAzCm7DEHPgPoLdzAEqiga-2F5SS5LtfbS8F4PdYcgFpPNkNFSIjpxJ= -2BsxweUhwRwrV-2B1zqy4dVqHkMEV37D5MbQ8-3D" target=3D"_blank" style=3D"text-= decoration: underline; color: #1D5080">Advertise with us</a> | <a href=3D"h= ttps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7Sp= SWIrf6GFa-2BaqM7ONnvsnswouzWFjgkcpO-2BXO1gCwuAbxiTMDcdHjUhfbqlGLuyAzQYRHg-3= D-3DgD3v_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pz= sFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dN= cGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4Z= L8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2B= IvE2ZStC4PKkK0y4NA0-2Fs5XBEBxiEBOMZeDydqRW0RGa7X9GcMZUyxpGG5wlWdgn2GaqGYzJ2= XeWd-2BarYhmSksCM2oqLWO7NQd37bUzYDNM-2BVYYeHjA8DXCctYLvJeGQiJdfaogP9CBXG7LB= QlcdJW8Juz3ZaHYUWk7Bjs6jj39hAZatpaMb1Iv4LH0yIh1XX1NhGsbt4h8UBf9PegFj6JJgq62= 6OZXEdj-2BI6slQ91A7UCQt2C7zgQqmkMGMSOnffX4-2FwvBf8oTwz1gd9wm60kegHXWk-3D" t= arget=3D"_blank" style=3D"text-decoration: underline; color: #1D5080" unive= rsal=3D"true">Contact</a> <table width=3D"100%" cellspacing=3D"0" cellpadding=3D"0"= border=3D"0" align=3D"center"> <tbody> <tr> <td style=3D"padding: 15px 0 0;" align=3D"center"> <table cellspacing=3D"0" cellpadding=3D"0" border=3D"= 0"> <tbody> <tr> <td style=3D"padding-right: 10px; font-size: 10px;= ">Follow us:</td> <td style=3D"padding-right: 10px"><a href=3D"https= ://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzWFjgkcpO-2BXO1gCwuAbxiTMmdhB1lCubYjPJ5XpljaYvg-3D-3DtdGH= _I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm= 5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQ= gXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkf= OK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZStC= 4PKkK0y4NA0-2Fs5XBEBxgR5oSIO89LRiDemPUzwL6WItc43xucNROdp6mgNO6MVP2XbkazEVoN= BGkElz7PM723c7WquuCOdPknsXGZ7oqoLiIkaGMUki8RmHwEJxkXM7czcv1IXYETadAEPs6O5OE= 5moHHiLIn7st6-2FeRegyctjAu3s9yjBd2ExFpH1Jpg3bmR4ngr62W-2BwJbzTg6-2Bg1tiNi9s= K1IySh4-2FnB-2FgezlNU0kspfrw4bmalCCyowSnBAy-2BVD-2B4soKv5ASvHFCl8sI-3D" tar= get=3D"_blank" style=3D"text-decoration: none"> <img src=3D"https://fonts.p= itchbook.com/newsletter/linkedin.png" width=3D"25" height=3D"25" alt=3D"in"= style=3D"border: none; padding: 0 0 1px; vertical-align: middle;"> </a></t= d> <td style=3D"padding-right: 10px"><a href=3D"https= ://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzWFjgkcpO-2BXO1gCwuAbxiTMN9gHuKwYOWlPtOhgpjy5zg-3D-3D4XS9= _I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm= 5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQ= gXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkf= OK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZStC= 4PKkK0y4NA0-2Fs5XBEBxhlH2hJC6KGrWVJKhihc5dWiRPn35Z0oDiDSsE87eXr-2FOLWAiVC2c= ijile4Pqim3NZm6lL8ec-2FTsexncyteOyyCguL5yyJtOMuj9FZf9pjpSq-2BJdgATEnQ0UwrAt= SuW94NTwRI9oM77cZKCqBLtpHjEiEV8WMRg6xLJKHiCHnt7SsOQ-2BMbljl8hzL4r3TTtHdh6GI= boQdeZcQSrQiafMNsDORDKVVMOu0kf2r3MWBOcxHQqqkWUMWJj0gQWBcj0-2Bt0-3D" target= =3D"_blank" style=3D"text-decoration: none"> <img src=3D"https://fonts.pitc= hbook.com/newsletter/twitter.png" width=3D"25" height=3D"25" alt=3D"twtr" s= tyle=3D"border: none; padding: 0 0 1px; vertical-align: middle;"> </a></td> <td><a href=3D"https://url6380.news.pitchbook.com/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWFjgkcpO-2B= XO1gCwuAbxiTMXkdBPfD2uM7Cpl3BBTjuTw-3D-3DAezg_I3w5d9c01gkD8gLzFEofZR-2Bh6Vw= arHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVM= F8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79= sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9z= UICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZStC4PKkK0y4NA0-2Fs5XBEBxgrJiQovHb= mL2GhH1Zkz-2BVK9AnHyd5WJOCKmJu0llOqllddU8SP1g-2FVA184RH-2FD-2BEPzINJiWSuLhM= hhrLThlbsIh7ADro2r2Uk6EDTcfGCeNIX-2FzTPLRGW1oI74OiakkcX16J2QfYQpKLolQY7eqX4= 0vIlH5Hv-2Bz9Oe5Hq-2BbgqhrWSRPR4hKmlZ-2FHqb0eJ1Hc2CRVbV1p6yEFNuwM9KCu-2F5BS= v9-2BVab4D-2BpuqAIQhESThVJ8fNR8AbrU16lrOtr0-2Fo-3D" target=3D"_blank" style= =3D"text-decoration: none"> <img src=3D"https://fonts.pitchbook.com/newslet= ter/facebook.png" width=3D"25" height=3D"25" alt=3D"fb" style=3D"border: no= ne; padding: 0 0 1px; vertical-align: middle;"> </a></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <p>This email was sent to <a rel=3D"nofollow" style=3D"te= xt-decoration: underline; color: #1D5080">most@ponjosonek.com</a> via the P= itchBook Platform.</p> <p style=3D"margin-top: 14px">Click <a href=3D"https://ur= l6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrYCQ-2F7Wx= 1VdE7sYl12opJBSgX8wjgWQkjpY2yE70mtuFtQh5JMynEp-2F-2B0ZsygXiW0dASWMAkXrIC3kg= -2BeC0SuDoyGjKHmOSdfo63E0RLyaXhmtZcu9qypgyxWwak1NhA0coLyWLpIGucErQpvbIjaXQ-= 3D4kt4_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF= TDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcG= w-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8= qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIv= E2ZStC4PKkK0y4NA0-2Fs5XBEBxjO1tHQh012ynR2SBtMHaPq-2FZT43H22pfQzzx3lf1doNRA3= uS1Yr2kqEiayG9orG9WOFIuc0jJ6qIC62NVfiE2Xba7xOJsMB5chqVlweYSYvzW2SpEpXfXA0u-= 2FI3xPAhRXA126ksBaTB2ryLCtzAwJQtuLcMrMDQTMhGUk4tI7OhBKJ3RP3fOdW8Uih9K9bDP6d= swToxMnKjIfw48fcmiTwf1Z-2By-2BjWsHiLTCkWzu1CTcoZb-2F1qniJf552CzTSfJGU-3D" t= arget=3D"_blank" style=3D"font-family: Roboto, Arial, sans-serif; font-size= : 10px; text-decoration: underline; color: #1D5080; -webkit-text-size-adjus= t: none;">here</a> to manage your subscriptions, or if you no longer wish t= o receive these emails, you can <a href=3D"https://url6380.news.pitchbook.c= om/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrVRvnzbxJbWwDftsHe-2FnJ3PNCbp5fV= dgUVvM0uKhBfShb0-2FXm4f84Oam-2FsIf-2BQHY-2F9cBWz93zxOvFSzafZw8LoNeS7HBprvPh= xsRX659VZdcmKyMzD4eMk3ZOd-2B-2B-2F0Y7oCpRRexO3AXTn7AxiLzOJmi1BNthQ7l1V7xQNE= yyozi90ZqB_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8= PzsFTDVtDm5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5= dNcGw-2BPQgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp= 4ZL8qWzTkfOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-= 2BIvE2ZSsqN6Au6QONAL49fU0-2FKr3y8DOmSJihsS7wd24oL-2BqSo1ama32F-2FZiPaGQR-2F= -2B4SsS8KNYK1bHyGV1SXmiHFtfnqK7Sp1LpUMF-2Fi-2B3EG-2BIXhT-2FZ1hWkoT02bgg8ZZC= U9KfiIatINKhjLs77PJs9v96RbUeir-2Fljrn1S2RUI1BE0f8b990s2ZSoV5HQ-2Bb7cogVPiob= kn7QAgEZchN0l7YtaUsp3tWFqX7IuBTV9tKbnROFPzl-2Bl0hrnnbM1tDCWW9nmtAATKCatHkhH= pbLEVdWR2E-3D" target=3D"_blank" style=3D"font-family: Roboto, Arial, sans-= serif; font-size: 10px; text-decoration: underline; color: #1D5080; -webkit= -text-size-adjust: none;">unsubscribe.</a></p> <p style=3D"margin-top: 14px">PitchBook Data Inc., 901 Fi= fth Avenue, Suite 1200, Seattle WA 98164, United States</p> <p style=3D"margin-top: 14px">=C2=A9 2026 PitchBook. Win = what's next. All rights reserved.<img width=3D'1' height=3D'1' opacity: 0; = style=3D'display:none !important; mso-hide: all;' src=3D'https://my.pitchbo= ok.com/ms/pixel?userId=3D3DABLZ54MOPJL5Q&eventSource=3D3DZQDXJQ6VUBAECQE7XY= 5D5PSLQI&emailId=3D3D6B4EY4Q5ZWCMS&emailName=3D3D6H3WX3QH7CXEMMMBQSMFL245ZG= 625LDUYNYOD6M6QHVPV46EGQLU2DKV43QYFSZS&pixelPosition=3D3DPED7RLFD4GN3BVMRTF= QEHYZOOJCKA34MS5JA35Y.gif'/><br></p></td> </tr> </tbody> </table></td> <td lang=3D"x-sidebar-place" class=3D"side-bar" width=3D"160">= </td> </tr> </tbody> </table></td> </tr>=20 </tbody> </table><!--[if (gte mso 9)|(IE)]> </td> </tr> </table> <![endif]--></td> </tr> </tbody> </table> <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrYCQ-2F7Wx1VdE7sYl12opJBSrnS8sfA-2FdXQL6-2Bsw8UD0p2zq= w_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFTDVtD= m5sgl0LVtDbP-2FtsHqdJVkoIhycyVMF8jRp4IV3ee5ZvCeQlbP1nEvkrLBwR6TUT5dNcGw-2BP= QgXJ2TRs8K5wyR-2FVbkQNKUyBouT79sWe47LQxOPJ5-2FZsLSjoTWfNAQuOgE1pJp4ZL8qWzTk= fOK0vJSl7qy1XhvHnfWk148M-2Fkf9zUICcxXvVn-2B-2B0zlcraWnXzzBjXhRK0w-2BIvE2ZSs= qN6Au6QONAL49fU0-2FKr3xwzM7DwhjTfY-2F4FqhbKJ-2Fq4ea7sgxE8OKMSZug3KRL7w6fT65= UWaS4v2h3l6pu1mViYUDqusmaooDMfhdrdzehh7vAssFJ37CN-2FJT2eYRYBWu6aIke3BrlrSmI= zWgR9OlOJBrNyEBTlDrZYRfvGght8fp1CR5htaav2cnZ7ZkP0Gtp1DEiE-2B8UVVjyqMsa9f3Wd= HLsc64OdvUPfoFwJ-2B0Sy2OJuzncO7VFKYzgH4A9uB5RFIAPwfEgq6Ikv6oB3Ng-3D" style= =3D"display: none"></a>=20 </body> </html>