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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 Funds-of-funds aren't dead, but they're different; Revolut's outsized round steals the spotlight; biopharma VC sees recalibration February 26, 2026 | Read online | Manage your subscription The Daily [...] Content analysis details: (2.6 points, 5.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- 0.0 RCVD_IN_DNSWL_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to DNSWL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#DnsBlocklists-dnsbl-block for more information. [159.183.175.69 listed in list.dnswl.org] -2.5 RCVD_IN_HOSTKARMA_W RBL: Sender listed in HOSTKARMA-WHITE [159.183.175.69 listed in hostkarma.junkemailfilter.com] 0.0 URIBL_BLOCKED ADMINISTRATOR NOTICE: The query to URIBL was blocked. 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[159.183.175.69 listed in sa-accredit.habeas.com] -0.0 SPF_PASS SPF: sender matches SPF record 2.5 RCVD_IN_MSPIKE_L3 RBL: Low reputation (-3) [159.183.175.69 listed in bl.mailspike.net] -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature 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 0.0 RCVD_IN_MSPIKE_BL Mailspike blocklisted 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; 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} .desktop-only { display: none !important; mso-hide: all !important; } .container { width: 100% !important; min-width: 280px; } .content { padding: 0 5px; } .walkthrough-image { width: 100% !important; } .performer-title, .performer-content{ font-size: 6px !important; } .header-msg { font-size: 9px !important; } .pre-header { padding: 10px 20px !important; text-align: left !important; } .side-bar { display: none !important; width: 0 !important; max-width: 0 !important; height: 0 !important; max-height: 0 !important; opacity: 0 !important; } .line-breaker { display: block !important; } .responsive-img { width: 100% !important; } } </style> </head> <body style=3D"margin: 0 !important; padding: 0 !important;"> =20 <table lang=3D"x-pre-header" class=3D"pre-header" cellspacing=3D"0" cellp= adding=3D"0" border=3D"0" align=3D"center"> <tbody> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, sans-seri= f; font-size: 14px; color: #78766f; -webkit-text-size-adjust: none;"><span = style=3D"color: #78766f; font-size: 1px; display: none !important;"> Funds-= of-funds aren't dead, but they're different; Revolut's outsized round steal= s the spotlight; biopharma VC sees recalibration </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 26, 2026= | <a href=3D"https://url6380.news.pitchbook.c= om/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUkjahGPM= 2I9NA3rKcgn9h7GBJ6ZCubMvZUkxq3xtD-2FLg-3D-3Dt65y_I3w5d9c01gkD8gLzFEofZR-2Bh= 6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRa= roy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6L= CFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2M= HAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvhJqO= m2Z6g4xnFuFzOgzLiAm28e4i9zk6x0f0L2gLPSFTRxPGOZXhMgvuSz2Wl8LWN0ovCEu1FJOplQn= p9l3eHUQprzER82J3-2F91bq89Vpn213BS8SfAj7PCQgSWqD1-2BbKqth04yKjFC6QGh4dq0GyC= R9kEJcPxMg9MaiJkZxrlVMlx4o-2Bgun85oWF4tBIFYtg5UiBfkgAlVXzBncdvbC4lPhPY-2B2d= nuhqU1SFMl7WiBPgPRG-2FNaQ7xvoy-2BgtuwwikPx3oOdqiKwNZ9FcVEZ5pe" target=3D"_b= lank" style=3D"text-decoration: underline; 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font-family: Roboto Serif, Ge= orgia, serif; font-size: 44px; font-weight: 500"><span>The Daily Pitch</spa= n></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 24px; font-weight: 300; padding-top: 9px;"><span>PE, = VC and M&A</span></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 14px; padding-top: 11px;"><span>Your edge on global p= rivate capital markets</span></td> </tr> <tr> <td height=3D"38" style=3D"padding: 0; line-height: 38px;">&nb= sp;</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-content" cellpadding=3D"0" cellspacing=3D"0" bor= der=3D"0" width=3D"100%" style=3D"min-width: 100%!important; width: 100%!im= portant;"> <tbody> <tr> =20 <td class=3D"content" width=3D"460" valign=3D"top" style=3D"ma= x-width: 460px; padding-left:5px; padding-right:5px;"> <table lang=3D"x-main-content" width=3D"100%" cellpadding=3D"= 0" cellspacing=3D"0" border=3D"0" align=3D"left" style=3D"min-width: 100%;"= > <tbody> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; 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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" 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">=F0=9F= =8F=B9<b>Revolut just keeps rising</b>, announcing Wednesday its plans for = another share sale at a $100 billion valuation. Outsized rounds like these = put the spotlight on B2C fintech, but in reality, enterprise startups saw a= <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d= 4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUkjahGPM2I9NA3rKcgn9h7QflmLYxVEA= o-2BmpbJNYH9SA-3D-3DDBwO_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFO= y6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6Ya= GkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2F= FImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvhaQmrV9IVhig0W7U6vk13OstmkvK= E2yZpPciAiWyxQbRjaD5hTg3V5cV1-2BDO4o1tqmuvfQTCfSSSD2iNnL105uWEFpNuRMq1Bh9Wh= 9dF5yFhur9isn19REMPtsOJv1Pc7FEdy3033tfLvikjgOd-2BbOTcP8mGhnZlSGIUuLCOoj2Zbh= gkE-2B7cRfk4n92UEzkvu1cTGEeEEWZRhi0Luq-2BUZAXmNMbYNr7FX41jrX22F3uropk1zLghn= QnP8LzzKqwsQ6ROfJeTULfGR3fSmCLUKn" style=3D"color: #1D5080;" test=3D"" univ= ersal=3D"true">higher number of VC deals in 2025</a></b>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" 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_578015" id=3D"n_578015" 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;"> AI jump-starts healthtech VC i= nvestment </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 = Brian Wright, Lead Healthcare Research Analyst</i><br><br> Oura, the Finnish maker of the popular healt= h-tracking ring, made a splash in October with a $907.7 million Series E th= at more than doubled its valuation to $11 billion.<br><br> The deal capped a broader revival in healtht= ech venture funding, according to our <a href=3D"https://url6380.news.pitch= book.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswo= uzUkjahGPM2I9NA3rKcgn9h7Rynh2iV0Htmmt4dI3ZIV-2BA-3D-3D89np_I3w5d9c01gkD8gLz= FEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lk= kk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2B= U4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdw= ctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL= 0EfXDvgRHy4v0SjZnMe8furkmOplqtBO1QMumN4JoQ3KKPyaUNHqEV7iR94qfGVvL-2Fr8551p6= SkiNwKg-2Fsyl1x2HZib4epNAXk0qXN9Burgmf9lbxOR3c6nzTrYCJXS-2BiDea4XxYr1375SSX= -2B4n7UoV0JT8tQN6ScgwFoUB5vGkRanSZ4GuHT4FjS59McdZbt-2F6tO50CzwDERFA5EaAZXoL= 0ZEJ9k617LqAcpwe1lo3KhAkjzHD81XuPnPJU9X25zUUqsH1vC14QXsKwisCZ38kk-2FLX5" st= yle=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Q4 2025 Healthtech = VC Trends</b></a> report. Startups across telehealth, digital care, analyti= cs and revenue cycle management raised $15.3 billion in 2025, up 26.1% from= 2024. Q4 funding reached $3.8 billion, a 31.7% year-over-year increase, re= flecting sustained investor appetite=E2=80=94particularly for AI-enabled pl= atforms.</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-2BaqM7ONnvsnswouzUkjahGPM2I9NA3rKcgn9h77Ylpk7w-2= FBQH3XjOksQya-2Fg-3D-3DWBnz_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t= 1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjX= OFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb= 6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo= -2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvicQ4KV0azBVqqCHa3mAi-2BEI= SED9Fj0tsen-2Fda-2FCUZlX2DcIY5vD3Na7QdUAluqYB6ib54cpxlhn1YuVvU1gYTN2VT3mpbA= l0PBDgnceHr4iUIGDxvyw8Vp3qKutTEbZ1xUiG-2FoItb-2BIJJWGh6RYkQRjGMx1ggnl2Nv-2F= 0FgmReEDi0PRB2PcOVITbwsiUmz-2BGN-2BLqQ64iZ420xrL4sF1U6pqVvS77vYDsSU1qi9izFY= pmxFulPfY37K6vU7-2FhS9EMOi6aTr9MJIeqS-2BvfOcrSmE" universal=3D"true"> <img = align=3D"center" alt=3D"" src=3D"https://img.pitchbook.com/news/72959.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">Analyt= ics deal value jumped 171.2% year over year, while electronic health record= s and clinical information rose 96.3%, as investors backed tools that impro= ve clinical decision-making and data management. By contrast, digital care = and revenue cycle management declined 12.1% and 11.3%, respectively, though= we expect both segments to reaccelerate in 2026 as AI use cases mature.<br= ><br> Mega-rounds defined Q4. In addition to Oura,= OpenEvidence=E2=80=94an AI copilot for doctors=E2=80=94raised $200 million= at a $6 billion valuation. Hippocratic AI, a marketplace for healthcare AI= agents, and Function Health, which monitors health through lab tests, also= secured sizable financings at multibillion-dollar valuations.<br><br> Pricing power strengthened across stages. Me= dian pre-money valuations climbed to $31 million in 2025 from $26.5 million= in 2024. Early-stage rounds saw the sharpest gains, with valuations nearly= 83% above the prior three-year average, reflecting what investors describe= as a persistent "AI premium."<br><br> AI investment concentrated in clinical docum= entation ($1.2 billion) and provider education ($776.6 million), led by amb= ient scribe platforms and OpenEvidence.<br><br> Exit activity was more nuanced. Although tot= al exits hit a record 141 in 2025, aggregate value remained flat at $5.8 bi= llion, suggesting smaller deal sizes and earlier liquidity events. IPO acti= vity improved modestly, with five listings=E2=80=94none in Q4=E2=80=94setti= ng up 2026 as a test of public markets' appetite for healthtech's AI-driven= growth story.</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-2BaqM7ONnvsnswouzUkjahGPM2I9NA3rKcgn9h77Ylpk7w-2FBQH3XjOksQya-2Fg-3D= -3DFKC0_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs= FWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDop= aqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDX= YpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2Fl= ieULZCL3fcXyySEEFCQrnTFL0EfXDvj1dyScg0bUQQ-2FcZx-2BzHZ-2B-2FvMYz814zw-2BWSd= 4Gb7tAB83f9vLViC6twBsf8u0W-2FD6VHoOldEKyCxpaaJzIXB8xLXBI0NfogZiJE8J1bHngVU-= 2BJ9D73fT-2FzZv3QXk83UVz0bAdJp9je3hZLZjcOVvUXwfUqIz5zKF-2FS31gTmKHDz-2FfBn3= JdInj-2FDtqHD9A3cBmhQpj7Wh1lBmsYoPXZ7yebXMB-2B6llo-2BkGmrXsJbvMkejbc-2FbsbV= PtH-2FEQU6hnzsRaDBAlX2rKGGSAivEjOnh9HU" style=3D"font-family: Roboto, Arial= , sans-serif; font-size: 18px; text-decoration: none; color: black; padding= -left: 3px" target=3D"_blank" universal=3D"true">Get the report<img height= =3D"24" src=3D"https://fonts.pitchbook.com/newsletter/arrow-right.png" styl= e=3D"vertical-align: middle; margin-left: 8px;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated article:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/c= lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUkjahGPM2I9NA3r= Kcgn9h7wt82G19czMKzEfUy2IBHyw-3D-3DIW2b_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB= RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4x= le9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-= 2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6a= mdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvh2LmBYxfSTFz9= CLq-2BzFq7-2BBSfc8qzCgwZjbB8vzEZvJWXGY2muVBLNdxxf7W3DQ480iezsba6V6sRu-2BV-2= BQU9bUglfyXy7JIY473U2PJ197gHv8BdHTHYSHsXtn2MuSuBjtjGhK911a-2BJoeuEhvIde9nn6= hpskleihtxLvtAUuQVI18xY6nG8TElF3Qhmwe8nXlHAwcAceyiRxG4uu5jyJzL-2FautOH9bxHm= rvJYIff1BfyPFseI-2FL9bO1NPuKN9e7aUabY8Mv3Aa5Xs4LfA1zdY" style=3D"color: #1D= 5080;" test=3D"" universal=3D"true">These 10 VCs are betting the most on he= althcare AI agent startups</a></b></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </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 Philadelphia Alliance of Capital & Te= chnologies (PACT)</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_577939" id=3D"n_577939" 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;"> Philadelphia VC market isn't e= merging; it's executing and building value </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"right"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" style=3D"float: none; padding-left: 15px; "> <tbody> <tr> <td align=3D"right" style=3D"text-align: righ= t"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUkjahGPM2I9NA3rKcgn9h7MunyYGTUtrV-2F2= tRBWJfn9g-3D-3DQu_l_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdW= eUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr= 3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIU= dVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-= 2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDviUHjIfvJhjsnNR-2FL-2Frik6vsI1e5uc= jDChZ7ZHV9SzWe7oQjR68bFsveofceBpMt6QVuw1-2FDOx7FaNx25EQLmV1xkcmjPhe0oL1J1rj= FSnYVMEQVImOfabZ7coDhId-2BHq5BF-2FxhElFO9DVSZNgx4hHM8l93TS6ba09m0QdgWt6U89r= EgtPeOunfM2SEBg3n5Ja3PDU7f4jhMYzsLsok2J78EvXQTszqwZH0dpHzI36nXnObhwuGR7mwLw= xMBzG9tW6xaFHjdPEk7AA5SW-2FGovMa"> <img align=3D"center" alt=3D"" src=3D"ht= tps://img.pitchbook.com/news/72934.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>Philadelphia has climbed to #10 among= the world=E2=80=99s top startup ecosystems. With a resilient early-stage f= oundation and accelerating growth-stage momentum, the region is proving it = can compete at scale.<br><br><a href=3D"https://url6380.news.pitchbook.com/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUkjahGPM2I9= NA3rKcgn9h7MunyYGTUtrV-2F2tRBWJfn9g-3D-3DTZGf_I3w5d9c01gkD8gLzFEofZR-2Bh6Vw= arHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy= 6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFn= r0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAx= V4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvg70sayp= bd8rAHhsIgqUErhbIJ95qnI-2B3pp5clC0Upoq2xICgONsC-2B39oENx0CahxR9l1toSY4gffQ-= 2BierLTyqHrpvvjq8K-2Bf46FBaRoHF7uTAyEKDRwswDCYHVXx-2BIYaf2frzh0LMKod7O4ZXMi= EKxQGdlcl6PGXuG7n7URYZsFDP2uTOx0UiBi-2FfU8SaeY3bn5dBPtoO4rvjLVxzBJckCrfhmPg= g5x2FDWJRt-2F-2B3KcbXk9AfHMan1ba9As44ptaSG7OUccvQGTSt7oFIg7kNX" style=3D"co= lor: #1D5080;" test=3D"">If you invest, build, or lead, this report is for = you.</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>Biopharma's VC reset</b>: Deal share has ebbed as median round sizes= have surged amid a recalibration in the early-stage biopharma landscape. <= a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVshVFYg5ZR1WYAL25qEzJhZ-2BDsd7m29dM5U= -2FT1Ygr7kw-3D-3DXqYE_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb= dWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6Y= Sr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkM= IUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFIm= y-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvgz88MroLE9LRqaYSxp7oELNOQG-2BYr= FJq-2BJZ5mPTZj2bUHNTstUX7GC58SxWqoONSLc750UeQDi3Ec3wgGmXUzLXeC7LcDadSZIs447= xBGYrGHeXtv2ujuy6zHwM57lBa6Fe3NQvgJdDKYD7yjp7PotTJdrqLw0gxtoueY3a9MRjO05X8C= OfGwsNiCNfpf2eIWOEjAjKy2tlfn0JCduhOq9gLLKAtgDU7q-2B-2B2Nlf6ojd-2FsxZQ6p-2FW= YftBgm1hhA2K04yYQmHQu-2FCwWN3Xej7-2BpO" style=3D"color: #1D5080;" test=3D""= universal=3D"true"><b>Read the report</b></a><br><br> =E2=80=A2 <b>Is Anthropic=E2=80=99s new tool= the death knell for AI legaltech?</b> The LLM giant=E2=80=99s plug-in for = legal teams has tipped the industry on its head, even as AI legaltech conti= nues to rack up capital. <a href=3D"https://url6380.news.pitchbook.com/uni/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVshVFYg5ZR1= WYAL25qEzJhz-2Btuzl-2FZplImPxg92Vdwnw-3D-3DMXr5_I3w5d9c01gkD8gLzFEofZR-2Bh6= VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRar= oy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LC= Fnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MH= AxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvi37FL= s3APuEccdafQZdaTXI33FiuYLuicoGONJsoGIlOXK-2FcD-2Bq7rkG3NINHduERTEBZX5KxFxfH= So4Chclzh2ycASKx5WP9EpAAgRqp-2FcE5vYuMmf4I1hWKlZVNzcJKFp846cIPeVtMA-2B-2BJn= EnTYd-2B0yy-2F8Gvun8OMLlqOpmodXvG3xtJK47GnVnevhdKELNz2dkeIcXkoZDJrJtn5jfqxK= i9ankMvZ9PeiXxOw20cnkE6BNbiS1ldpwVRQpPWwGLiud6PqnX607iysfypUnG" style=3D"co= lor: #1D5080;" test=3D"" universal=3D"true"><b>Read more</b></a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </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_578004" id=3D"n_578004" 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;"> Funds-of-funds aren't dead=E2= =80=94but they're different </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 = Jessica Hamlin, Senior Funds Columnist</i><br><br> Funds-of-funds were once the most popular ac= cess point into the private markets. Today, it=E2=80=99s hard to find a man= ager who uses the term in its marketing, opting for the phrase "primary inv= estments" everywhere except regulatory filings.<br><br> Commitments to funds-of-funds across asset c= lasses have declined steadily since 2020. In fact, 2024 was the strategy=E2= =80=99s weakest fundraising year in over a decade, according to PitchBook= =E2=80=99s Q3 2025 Global Private Market Fundraising Report.</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-2BaqM7ONnvsnswouzVshVFYg5ZR1WYAL25qEzJhcjcZpsXqW= lmGagbb0hpbnQ-3D-3D5CCR_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb= cbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy= 6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaG= kMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FF= Imy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvjTDc2-2FjldASJT85hsEdAV6ImjBq= y-2FQwtE3V84QB2JNpSZu6xJZufCI1Wz6cUMOX-2FEYwv7exkuEkfyCMj1T9A08zmRekN7zQgoU= a4iz2c2emt365D3Jt-2BHE4n2B5aPFH-2FIf9rtRwiGFtkXhp93rTfNQrJVEmOdaJIwcUMFFon9= YlhGFnbbYb91-2FghRxi7rd2zZjZGB-2FGfU7vi7AstcezIneU9NhWkMfZw1OrLX3KgelouTB33= KCNcTCtMWg8u9rl64vkewtzpqlzlobQY5il222" universal=3D"true"> <img align=3D"c= enter" alt=3D"" src=3D"https://img.pitchbook.com/news/72963.png" style=3D"b= order: 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> <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-2BaqM7ONnvsnswouzVshVFYg5ZR1WYAL25qEzJhcjcZpsXqW= lmGagbb0hpbnQ-3D-3DVYu0_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb= cbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy= 6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaG= kMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FF= Imy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvj9U82qCzrcwM6-2BvJlOZpezHozHY= 89getMc-2BA-2BcC0iJYB4awfeDhBXwfmrBMOH5JT6LgEO1ZjdLVq3uPM0g0A6TernMF3RMU6aN= pNqLQ5SHyXMBibeEX8-2Bb1IQtr8GSh1Db1WfhxeUOCUfDBWrdGjiMXPWUtgxHxZ0zPDaaVOP9a= RI-2BRLdPtTOi-2FRwIpC89ifG7UuDmr30-2BSPL9xXvLmNz4H84q-2FAPeU2gyxmfOOl0H9Stf= zOFOGZ1MDTHlssMRF-2BaFC9KYnmxf-2FvfALHhEE0q3" universal=3D"true"> <img alig= n=3D"center" alt=3D"" src=3D"https://img.pitchbook.com/news/72964.png" styl= e=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">This i= s partly down to their weak cash returns, even compared with other private = funds. From 2008 through H1 2025, the historical average distribution yield= for private equity was about 24%, 25% for private debt, 22.5% for secondar= ies funds and only 17% for FoFs, PitchBook's latest Global Fund Performance= Report shows.<br><br> It could also be said that these structures = fulfill a need that is no longer acute in a mature market: giving LPs that = initial private markets foothold.<br><br> A closer look suggests the decline might not= indicate the death of these vehicles, but rather their changing shape.<br>= <br> Some managers have added secondaries and co-= investments to their asset mix in order to accelerate liquidity to investor= s. Meanwhile, as fundraising for commingled funds-of-funds has fallen, the = number of limited partners seeking to open separately managed accounts has = soared.<br><br> "Everybody's just building their own fund-of= -funds for themselves," said Miguel Gonzalo, partner and head of investment= strategy and risk management at Adam Street Partners, adding that the firm= 's proportion of assets held in SMAs has more than tripled over the past de= cade.</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-2BaqM7ONnvsnswouzVshVFYg5ZR1WYAL25qEzJhcjcZpsXqWlmGagbb0hpbnQ-3D-3DZ= y62_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLh= NGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcA= ZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCn= wyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieUL= ZCL3fcXyySEEFCQrnTFL0EfXDvj3tyhBxc3sMEl5k3rBhB3Zj9s5hO98BcDPht5UXotQho2p0X9= cYc82mgM5VFIvRy-2FS-2BmKjLWIuJFY3AvdeT0TF4SNHfFsLtjiBqPYRv1otKNaqGTePb2R6Vd= L7oEHHF6QHGiL1Oksfz70bwczwe76F6sbJbdIRkv9xWicUP8NO2kA3kpX8xIzN7TYNE8dUH2-2B= FPAgdh6vVrWaAez3thspOzH9T5Y78zNdIBA8raWeKd2rcMVJ85-2BbrvZTvMl1tyTiRgTCxCeN-= 2Fym-2BBIb-2BgpddX" style=3D"font-family: Roboto, Arial, sans-serif; font-s= ize: 18px; text-decoration: none; color: black; padding-left: 3px" target= =3D"_blank" universal=3D"true">Read more<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><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVshVFYg5ZR1WYA= L25qEzJhjLfUPug7xGwups08TnTDJg-3D-3DKH7K_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkx= BRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4= xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH= -2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6= amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvip6O0rc6z5dx= 8YJzic646ikB2CM1QEa64XvY-2FeiwVO8dNGbWf8lwdD9FnJ954TIa1OOLFlqLSgEjVe1bTA1jS= ZIkkMpoJqq3qP4kYt-2FAkIGddc0stgY1-2FAaFk67gztKcX94-2BLevbz7uNWntuIyB0wgYrBr= lviI3kvqA-2B1ehZZoubkrgCocEH4ljUBnHPP9glIMMVgv6fxnvB4XujB-2FHkfJPK59masjw1O= Vp6X-2FzzNGxhqdQEajncfy3PzqlMyjiwLGEw-2BfZeY7-2BB4A1NWURVpk" style=3D"color= : #1D5080;" test=3D"" universal=3D"true"><b>Q3 2025 Global Private Market F= undraising Report</b></a><br><a href=3D"https://url6380.news.pitchbook.com/= uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVshVFYg= 5ZR1WYAL25qEzJhq7krrqNps67Ipwtuj6q4GQ-3D-3DfruV_I3w5d9c01gkD8gLzFEofZR-2Bh6= VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRar= oy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LC= Fnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MH= AxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvgY7-2= FiRrMlTA3548DK6OJBcGI5PrIXj4BTS2F8MYSXQTaL29AQHlIJplesvWjyiLrHbsP8JKSAwntnu= LUJis551AKTIpiMgNDQ2-2FfvlHOKuiKM8sSUoPTIG64iokMWO1Off-2FmyCIxV9iGIGvhgS1W9= b7WOZJIlcbuIsvDjgPwFxs-2F6rfyyJ9tVUN240ENTGX-2FmYLDDw0G0Z-2B7-2B-2FDdZ-2BAf= nTen4Bfewbyv9FNpqbjJHBRqyZ9nRXxw-2FztgJPDLlyXsTLwA4VZdIZVbzuHZc5O440" style= =3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Q2 2025 Global Fund Pe= rformance Report (with preliminary Q3 2025 data)</b></a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </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>DeepSeek isn't showing American= chipmakers its latest model.</b> The Chinese AI lab may be the first to di= splay a strategy by Chinese companies aimed to place models and hardware fr= om the US at a disadvantage. [<a href=3D"https://url6380.news.pitchbook.com= /ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVshVFYg5ZR= 1WYAL25qEzJhPGsA6NR1VWOaLFAjDPF-2BvQ-3D-3Dop-c_I3w5d9c01gkD8gLzFEofZR-2Bh6V= warHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaro= y6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCF= nr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHA= xV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvj7-2BR= wGlqcdGHlTUzHo98oT6G1A5TsF0b2Em-2BhVHnSq2sk-2FtT05Us7Md5uFF2h-2Ba1UPcTuSpNI= CbbkCFlQBNNHibUuwGaBM-2FQK8hOgzLOkOb712NmQFXfDxXstLdImMuhS7JZK1VA2eIPfHFye1= FqdkOYOUlau-2Fw1XoVuM7ezUspsO5ji0MVKGJkJ8o-2FBuSnK5n0pqYn6XUplBgAOaqoArqAWC= ZkZ63L2ORa38noO6zdLEP318CsDfTSKeya-2B5qaRzMajw15PGBEpA8OtrCJDTi" style=3D"c= olor: #1D5080;" test=3D"">Reuters</a>]<br><br> =E2=80=A2 <b>PE is finding success in sports= , but one Ares bet left the firm short $400 million.</b> In an ongoing feud= with investor John Textor, Ares is trying to claw back the investment it m= ade in Eagle Football Holdings. [<a href=3D"https://url6380.news.pitchbook.= com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVshVFYg= 5ZR1WYAL25qEzJhV7dZG2MTNd2vcQjPUDWpgQ-3D-3DQgP8_I3w5d9c01gkD8gLzFEofZR-2Bh6= VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRar= oy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LC= Fnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MH= AxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvgfmCf= wlIYQ3zkhZQWQ-2FEfYrtF-2BChBb0Us-2BsNDhM4hxLY6L66uusU8V-2Fb0fK4aP31AYnMcEE6= GRC-2BjWBNIlDNjkgOgO0wuxj1OTHnuMuWh9uieVGkVtvfs-2BLqc1kklP-2BmV-2FI5ropNodD= AahgIwriko2WZZ8-2BeRweCPoDQ8CMZJx4aQlxRnJkrg0Lt5iz51XgO9xyG7fFNBXxxRRAxz4uc= Ol9VZSZ5m5DKPeAp31Hpe2SWJ7mEaz9MnxdxJflG9SfwXg1CeRZnjxyZcWwH1Rvs0-2F" style= =3D"color: #1D5080;" test=3D"">Bloomberg</a>]<br><br> =E2=80=A2 <b>PE=E2=80=99s takeover of life i= nsurers has turbocharged the growth of opaque private credit markets</b>, r= aising fears that mounting, hard-to-value risks could threaten financial st= ability. [<a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001= .d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVshVFYg5ZR1WYAL25qEzJh-2B2LUN-= 2BJak4AVnjADoR2mHA-3D-3DqAMX_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3= t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwj= XOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TS= b6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLg= o-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvhXdOgP8o4aBJfapX-2F3PfED= qAYCWvbeMXwzV4BctGrzAsd-2Bz-2Fd5bos-2Fw3q4Pg9XwYpXwPA-2BdiTbvAj-2FQ7TUlECBF= 7VROD8FhhUZXRWYpGwGSbnAIBf-2BHHRSfRMPX2Onx1MIc0TlmYb9RZJr8lxjA8PvLKsdVRuOsI= twreiraqwUlYXmN-2F6u4G01MBvCi-2FqT5rkKd9K5DwWl7hhYA8ZdhlP483pJLxMvYjFUDeHi1= CGagP-2BvwL7NdD9nCi0S7tuUO6C-2FWI176cER25-2F8-2Fl-2BESG1G" style=3D"color: = #1D5080;" test=3D"">Financial Times</a>]</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </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-2BaqM7ONnvsnswouzVshVFYg5ZR1WYAL25qEzJhifCBviI-2F3p9kX8Uf6WD2Uw-3D-3Dz= djp_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLh= NGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcA= ZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCn= wyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieUL= 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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;"> 669 </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;"> 2645 </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;"> 962 </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;"> 19 </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-2BaqM7ONnvsnswouzVshVFYg5ZR1WYAL25qEzJh3NNRS7xgL3U-2B59rarB2ILw-3D-3Dc= Mok_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLh= NGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcA= ZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCn= wyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieUL= ZCL3fcXyySEEFCQrnTFL0EfXDvieLZ-2FF9eupN5E1htEMTxmr3fIWS7zc84zutg0EeCJso6po4= yz-2BjK4d4Z9mYE-2BKlS78WJSgsFkzcQcbdDTUw4Sru9RHEQCD0iI-2BcjYhAZMI7jbW0xm1mf= te3Ln8V5v7TWSxddIV3dtIzbcD8BJDC-2FOSnQRNMb5wFUlpRbEY9RkROWIAlX6-2BX54QV6b5L= 136nS4n967ZAG5k33EtXdvR8Y4YeISuoDQe1dhHoo9XKkVBB6FD4pGsxT0mfff3NML4D-2FTJ1y= JEMvevyVmnHvtZx9Jy" 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_577958" id=3D"n_577958" 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: 2019 Vint= age European Real Estate 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: 80.21390374331551%; mi= n-width: 80.21390374331551%; max-width: 80.21390374331551%; 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">6.00%</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">7.48%</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-cash-multiples" style=3D"min-width: 100%; table-layout= : fixed;" width=3D"100%"> <tbody> <tr> <td align=3D"center" valign=3D"middle"> <div style=3D"font-family: Roboto, Arial, san= s-serif; font-weight: 700; color: #1D5080; font-size: 18px; line-height: 27= px; padding-top: 5px; padding-bottom: 5px; float: none;"> 0.18x </div> <div style=3D"font-family: Roboto, Arial, san= s-serif; color: #000000; font-size: 16px; 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= swouzUgYuI4hquKz-2FREanJtI3gmYURiBAd-2BNosMT-2FmzTetMGg-3D-3Dnpt2_I3w5d9c01= gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7a= 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width=3D"80%"><a href=3D"https://url6380.news.pi= tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn= swouzUgYuI4hquKz-2FREanJtI3gmiJEPZTGdV4eW5mtVquiN8A-3D-3DsKL5_I3w5d9c01gkD8= gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT= 2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj= -2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25= zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrn= TFL0EfXDviLtSn3YJBnDAMkN3HTC7oltj4VUoo6Aid50vtIzuUkOiRuKTkkWwW79LdhSIv-2FkA= Lh9cQkm7wxnnn7KOZh04GD-2FjgMWh-2BxDHYpyfqJr-2F7Y1HpbT15ThKFY5LyPNeL9d2s6xTg= C9shxDZP7-2Bl3IkEzJdBEgLgORQ3jz81kA0KCgICSAKCjEPiAy1VyPcX7IzxJUk1mjeNtNA7oS= C1NHG-2B80am7Dq9qPuM7rXhJApvRYEinxIfJ9PmL5zYhhDphEVASSjdbk9FOfo-2FmBBS-2FD2= I-2FU" style=3D"font-size: 14px; line-height: 24px; color: #1D5080;" univer= sal=3D"true">Adriano Care Socimi Fund </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= swouzUgYuI4hquKz-2FREanJtI3gmglQi4J0QZMhqvvvsyur23A-3D-3D_d6v_I3w5d9c01gkD8= gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT= 2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj= -2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25= zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrn= TFL0EfXDvhEOl3TE2rkaR8EspZKJY-2Fi6ceP5CfYsfLDpSo0qxUh2-2Bm-2FpKRefeSv0LJ1hi= NrLDhrEECmWT-2F-2F8uTJTeZVyKrwPR5-2FkeZrOkTIbslKniXVZRx7MkM6NDD1nz2CbkG14dY= 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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-2BaqM7ONnvsnswouzUgYuI4h= quKz-2FREanJtI3gm5VqaiX7JhJWNOYaqqLeiMg-3D-3DQCDH_I3w5d9c01gkD8gLzFEofZR-2B= h6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiR= aroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6= LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2= MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvhjg= lI1yIdMT4eHiTz11aOMJWBNxGdjRGE9I21nm42HZgZbwgHmLjV0n-2BiCfLcMbr2b62ZOHUvEho= -2BO3mrfyXUWppD9TTpc72kp2Ht1JRtf-2FoCCT79vRNHImF-2FdLU8KP0X-2F67EQ9LVbJ-2FR= RVzHKM7HNx8XYxtj8m-2FNdFFU8pMmoULSBWXkiVMH2xNxJMLRVdplBd2tEjxIk-2BCVRz1HYne= l1fzvg0SK4r-2BYtN99KeFVmvCuMVWE9VtQ3yhpV5YqZ22OothYHYaP6h9ccSMsDNQmf" 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-2BaqM7ONnvsnswouzUgYuI4hquKz-2FREanJtI3gm9qqbIST-2Ffbcx2WkaOrBx5w-3D-3= DVUbB_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFW= LhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaq= 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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">Large = language model chip developer <b><a href=3D"https://url6380.news.pitchbook.= com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgY= uI4hquKz-2FREanJtI3gmg8z4B33YFNG4XVmfueWCNg-3D-3DISxG_I3w5d9c01gkD8gLzFEofZ= R-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2B= pGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI= 3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFr= Q4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXD= vjonYY4xUt8Sf9DAU-2BVe0Pnc4bmF5HtxW00kYPfdA3j-2FHnofjrtDlLKg9oQV6-2FFwKRRI-= 2BlUbVkz6CoFfdsea06S8eOZ8JxfgXdVZkym1FBjKrPzlYkWazlIVeSMx64kqBwYXjRcn4vlKsR= elvOJyNQdXb2Ib4i-2F-2FgwkS99FMXLNeuZDpartvRrdVfdUh8ctM655iw-2B0Dx7lQ8MYOzKO= EDG07O6M5HHfzhujcpaihJrGdYbySlaHGBkqpMln7Kfm4GnJS92YwU8-2FChM0hRLdUSgB" sty= le=3D"color: #1D5080;" test=3D"" universal=3D"true">MatX</a></b> raised a $= 500 million Series B led by <a href=3D"https://url6380.news.pitchbook.com/u= ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgYuI4hq= uKz-2FREanJtI3gmMk58eQ-2Boz2gsiTrXbxzMNQ-3D-3DjB_V_I3w5d9c01gkD8gLzFEofZR-2= Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGi= Raroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz= 6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e= 2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvhy= uQ7FLtdrq1-2BvXRTvQBHusbhAet7uxGggD5EQCVshGXpVXo16iRHqW0ho5MwCPzEeR0jmUZo-2= BJdzpHDxKbMbBB2cOfXWyzYR-2BzJU9oxFyo6hgNK7cuD-2BIobO2GCnerX2rqYzos4SFuzN-2F= O-2BV1X0F4-2FXtknXuyE-2Flfnuew8-2F7HlMrpTiK5-2FopETMutBqG-2BSwCxsJU-2BQoDcK= ZtbWJghxQ6P1ok8mvY4bxeM-2B19vsoOrFnJ4yFqa7gC-2Fnuwdi9a5qp8fJJ8hf947C0bXkPXR= X0Co" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Jane Street</a= >.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgYuI4hquKz-2FREanJtI3g= md8hEMUx7FPHF6Q-2Flxb6Wiw-3D-3DeJha_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCf= mzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9f= lDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuH= lpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoL= a0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvjDgEHXfNoX1-2F-2F= IGrWAvbUXWxJlNxZfnCXYd5gyzEeQMDHXgP854zcDN1S4qzHLBgxioC6lE1TC-2F7Ic5jIH462w= cuwNCk1QWC-2FPO-2BgqXrU-2FwXqYtwCbNOhqTCqaRoSTuckDAbA5ean7qzXZ9jZ86oHFaYzbw= 3lOpurb4fQMYqNYdMLAYPznvEkRCP3pJ2B-2BGM9M-2FwPieTWsS1JDRpYwwO6jITz-2Br-2Fdt= nIbNTaJVMQlXlx1TjySy0jBovMeSpCsmWKYekf-2B0-2FkO106wyRzGC19FI" style=3D"colo= r: #1D5080;" test=3D"" universal=3D"true">Allica Bank</a></b>, a London-bas= ed digital bank, secured a $155 million Series D from investors including <= a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgYuI4hquKz-2FREanJtI3gmQspn0BXYPrTPl= jF-2Fu4CkzA-3D-3Dkunn_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb= dWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6Y= Sr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkM= IUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFIm= y-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvgnuHtYpT5MWMaIFUrpvWAwaPdwiw67S= NEncU0vOxzeFuDD4DOmnNuyf8kHlq60JakFS2VvR7H35TQotDH0bX2KJv6DvI-2Fl7821ycxnzy= Jshp1uK4dP8XcQS01-2FL1TodjCUdLIxlUOOzHlkwGcw5SbuZYRh4RZE49sCrex2Yz3K1AXfdOg= iOV2n3JjOjRPqWDE2RPjLhhIH-2B6yWPFiqGgASJIntXDNF17zr59eEuUQfejRiUFJHB6IEeaUH= hsca8yLrENeqlpzfYFjCILwTJqJT" style=3D"color: #1D5080;" test=3D"" universal= =3D"true">Ventura Capital</a>, <a href=3D"https://url6380.news.pitchbook.co= m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAAvV= D3445bRyUXgnJL9T3rSc4wxWXqfi9LOl6F41-2BDQ-3D-3DIU7a_I3w5d9c01gkD8gLzFEofZR-= 2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpG= iRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Y= z6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4= e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvh= zBJqlIlbpBwMyGN-2Bt-2FvTUxvHV17OP-2FuteWfezy4suv4mEH42RxyJXSwegKHF5BbXketAi= 9S4K4PYPMig45GU2l1H3IHnV70PxUy-2F71SL9aSGIvMwk-2BfFA2E5ThZ-2B-2ByjECDLhXEyp= anj8zHmtsYBecBsAy4V8sNx-2F8qLClRp19RAZd6Yu2eBMEp5f1nU87SDp7Lh4uu9XpqPPnG2of= kgeGIDIVV0MZ0fC5r6srfVX7OqfZI-2B-2F55CiKuNm6GzxW917Zg6G-2Ff-2FzRQ5XkTrSx-2F= 3Vo" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Sona Asset Mana= gement</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u= pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAAvVD3445bRyUXgnJL9T= 3bWDALPNTISFgyXbjxfhH-2BQ-3D-3DQVKE_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCf= mzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9f= lDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuH= lpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoL= a0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvh8GSp8Z-2BXzoNPmc= 53jr16bAIOlEqlDiNjKjT-2Bmt9c-2BA2Ch3NorVCULbYc7fUWjTcIPSQkCROa1BEGY92SOzfhV= jxUz9BOFkjYDCxNdV76lGyEi-2F2WxFwOoDDB23Vhu-2FKhsjTAamgmwV7mEMj8cyzqn99VexL3= CEbUskuyYgj3X0a9a39sgc-2FJ-2BW7KSR8rrCfgSsDHIAa2UoriI-2Bd7poN7Y9nlnZebpnLrm= 0j1bgrgBT4F3j65Qh4vEdtww2jNfRsEHBCzQMwwyr8Km9qBW5wTb" style=3D"color: #1D50= 80;" test=3D"" universal=3D"true">TCV</a>.<br><br><b><a href=3D"https://url= 6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-= 2BaqM7ONnvsnswouzXAAvVD3445bRyUXgnJL9T3svS9Wv6-2BN3bORuWL7CzL9A-3D-3D4ymM_I= 3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC= 7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88= -2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77= B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3f= cXyySEEFCQrnTFL0EfXDvg8NubKiXAuIQtvC6TXx2xKtfbDrRk4-2BRtgMS5yvBR8VERlwdOP-2= FCHw07bjJPA9JQ4PC0zLx2j5omr7bHFo57-2F8r-2BajmB0gyD4o7uK9IgkNqgJqoo3bUuQIzs-= 2B7TNY1Y8RYJTl1FbsscSGkJHHDKG0Jf5UbjIs2-2B6YsaiHY5Kfncl-2B7SVgXZWxlk70hxRJD= Wx9ezo73-2FGIv5wub6JB-2F6p4YSlikjcBRMnrI4rORcjU99J4MgmmUYODbzkZNR0LQz7plZov= U584-2Bz7nYoIoYupwx" style=3D"color: #1D5080;" test=3D"" universal=3D"true"= >BreezeBio</a></b>, a biotech startup focused on treatments for autoimmune = diseases, secured a $60 million Series B led by <a href=3D"https://url6380.= news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM= 7ONnvsnswouzXAAvVD3445bRyUXgnJL9T3iMep1FpDqlp7hGJQAwD03A-3D-3DOG-Z_I3w5d9c0= 1gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7= arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7z= sqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B= 8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEE= FCQrnTFL0EfXDviJQl-2Bc4uyqd6Mey-2FbJLiiZ19lmYQgT30DTyIklq-2Bn9LiYg28AEpr2zp= 6eTpVLpD6iBl8MRWxjXstBASOWbtPCpbNgAq3A-2Bms3vIkYFcurInOPgetC002pqWFkHXp-2Fp= H9qmxmcLRY18O4o4MET497W51knrW4-2BsX3XS3IAio0lry7AewOVy-2FO00BMtjagdX4ELwqzA= txg-2BWLDR7RMoR-2BXKyaR9761U-2B8Z7h5IPT1-2FPPV87GVpTti74WM207VT0T1uW3M72MTX= HwWn88-2BRn7B9re" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Yu= anta Investment</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/l= s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAAvVD3445bR= yUXgnJL9T3fdOVo-2FUYDaiJ3Yd-2F3aly0A-3D-3Dw38f_I3w5d9c01gkD8gLzFEofZR-2Bh6V= warHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaro= y6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCF= nr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHA= xV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvgHw3bu= zVABaK8U-2F0jxM5rZX6fr2mI-2FnFNj7CjasofvWoraBwhSj4AT89KMcWTX2zD14n6DCFhuSoV= XVJHHp9sJpziJzSsAeuDvl2zNBJsGGlDmzLqUu9kEFVu8DRPxygKLvhpH7TbEPdedvFyCXL8wDF= YhrFwpdtScPVWwc8cyPdLODh4lHf0pBiceaMTvj-2BFZF7zqGcIS5BD44x94CdPl0ad5epk-2B2= Kf2ep7tWdTCBf7dJGrD7wiwzVkccxgPPsiaAZnpeLrDeaTGvNDOJott" style=3D"color: #1= D5080;" test=3D"" universal=3D"true">DSC Investment</a>.<br><br><b><a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAAvVD3445bRyUXgnJL9T3LZKCUN9GnxmR2l4XlzdT6= w-3D-3DMN6a_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m= 8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORA= GDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetA= CSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX= -2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvgCeYsp4zGgQnvM306ldxTJH2ZSH1Xpp2TIvgaM9Ys= -2FJmXbIBn2hr41phBdC-2BsGAadfxyyKz1-2FM4DrhOTiYXP34L9jhixmiO813Oc-2BtjHwo6u= 7QHC2KdKX-2B2w4NHa8q-2FlePC0HTQKPFSW9UHYT-2BW78RFqL1HBN7iTPUldE49vUWYRhech3= tCIheQXk4RAiSZ1gY9qf1aOsd8xSIL-2F5uZCVNEcmSrfOhtL-2B0PmvOxU1WY4eodFAv-2BQkn= Kt9nzJmZ9fXQTseZqAutURISnJfDsQIO" style=3D"color: #1D5080;" test=3D"" unive= rsal=3D"true">Harper</a></b>, the developer of AI tools for insurance broke= rage, raised $47 million in a combined seed and Series A led by <a href=3D"= https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7S= pSWIrf6GFa-2BaqM7ONnvsnswouzXAAvVD3445bRyUXgnJL9T3jK0v02dzMkxkGwTh655tlA-3D= -3DEx_o_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs= FWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDop= aqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDX= YpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2Fl= ieULZCL3fcXyySEEFCQrnTFL0EfXDvhEOgeurp1JmWlGFuIz9RIxNwiYDBHPCHPUn3T0Pfinxew= RAROOB948oAa2aNmt2FoX-2FINQogE7oLaM0qZxp6UWgoLXrffFiwUgEWh3qBudBlHDj6SKwgU5= Ah6e5qE6zPOjp8nai4u7qxyG0sQCVgSsj-2BVnJbnq4X6MWRgSrVo416LeckR0Noa4GHgsIYAxA= uQUlBG5ZvoDKfiNQ-2FvM-2B21v13zoVAKg3sOBvX8f3Ddugj-2BJYCGmgSbB7hF7aInHROylSG= 6Nr2XReD47FlavJss0" style=3D"color: #1D5080;" test=3D"" universal=3D"true">= Emergence Capital</a>.<br><br> Defense tech startup <b><a href=3D"https://u= rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzXAAvVD3445bRyUXgnJL9T3dROuyFlChVmfWPo8kdrzRw-3D-3DPY3U_I= 3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC= 7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88= -2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77= B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3f= cXyySEEFCQrnTFL0EfXDviJdkgeKbi-2Fwh8zO0z9T67wNuMADNaRyJF-2FQgsnoRChiXyv1IFO= Y5nHU5SqFMYdpZxy-2B6QCxI3xo-2FW4Bhgubs73qByu1AHxjPDgWs5idf3nTKvPAz-2Fkf0oac= 0nuuolm-2BnJyQFxAXRrcmmHKyWpDmd8q7Lp9H82kw44P8Zs31rsQUwmLFGe0C1Sb3gSYaSUzmH= VEeUsh87d2UbPOlGXs7YnGmYBeWEpmhL45iipXWigi77ZgEROhzmC0fF-2FVNnZe0UI4HbiYg-2= Bfg0TUwbjRYF8M3" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Cha= riot Defense</a></b>, which specializes in battlefield power systems, recei= ved a $34 million Series A led by <a href=3D"https://url6380.news.pitchbook= .com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXA= AvVD3445bRyUXgnJL9T3p6AEkZYAVkYRlUlHtiCjbw-3D-3D7PVW_I3w5d9c01gkD8gLzFEofZR= -2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2Bp= GiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3= Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ= 4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDv= hgx3VduuARHrV3qnjcK3kyNV1QL-2FxWuPCuK2N809XOE-2BFxxoTHlBhYevx1PhIe7cUCEORrw= c1iFdfRVGqMGh5H1cQB9AH8NYhHEyufYTEtMwZwucPzoGrCahYqp17qYkKwYLP4OfKseqWNCjA-= 2Fg6CRDkaHReIAbDoJR9sCUyPaV9vpdhO5z3onfAV6xNbsyNyqzJkmUu6-2B6HTq7DwiWluFSv3= muDKW0uNwpKcF3QXaQb0gmRCZz1o52TwmEDy2XwuRQSMG1ZxTVkrDzJxE9-2FZv" style=3D"c= olor: #1D5080;" test=3D"" universal=3D"true">Andreessen Horowitz</a>.<br><b= r> Ecommerce platform developer <b><a href=3D"h= ttps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7Sp= SWIrf6GFa-2BaqM7ONnvsnswouzXAAvVD3445bRyUXgnJL9T3dzCnjlwreZbLNJpZ85NKTg-3D-= 3DFazj_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF= WLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopa= qcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXY= pCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2Fli= eULZCL3fcXyySEEFCQrnTFL0EfXDviMOehBM361TB-2Fv-2BMcS04up4IMFkwoXrukYDc7c3ONZ= Z7Etnz6IuZpyIwwspjnkkgpmaFBnmruk3qpAE9bif0HvC5toxcuaF4FPLc6e1LdGeeplz32WtV3= fm8ob1StpscIqV9CiW2WI83yJMeAbdKpxp80J105cjguxUiKTfwpuEyFr37rLfPPl7w1VUD0v7q= b8LfjO7cMKt6whPtYOa17llHfKNzcQFcd1KCGuGj-2Fb2iPzR0wgKv3YH06iT974NYywEDddrJd= 3XIlnnWNsxkkb" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Crois= sant</a></b> raised $28 million: $14 million in equity led by <a href=3D"ht= tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS= WIrf6GFa-2BaqM7ONnvsnswouzXgbW8m1f8-2BS5JIBYVRQ52ZhmEM9LiGUyV26N5uz8tqDg-3D= -3DzTcx_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs= FWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDop= aqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDX= YpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2Fl= ieULZCL3fcXyySEEFCQrnTFL0EfXDvhpqr150cYpBNsxEiodTU0tzVznQJO-2FO4vUmUtL5yq3G= ReeHI7Y6g6Gtm0Q8S4nKHue8xAuAQXSrZhlq-2BjHL-2BtVUk2eVaLycB5jtDrpehRgPSkY-2B5= se37uWdfWXKqj79z3cq0bRjL-2FnGqOoMLK697Vv0k-2BaXRZjOWe3ppgzih9ix41ewmP8qRNY3= 0-2BzUGPljarTbeeOuxOzSezf9-2B0sf6mq3UgZyBMCWc0t4C0h-2FA0l6MmLL0We4w8Ov-2Fur= 0201xSuhgQH54EUPMhva-2F4xXb9mX" style=3D"color: #1D5080;" test=3D"" univers= al=3D"true">Portage</a>, <a href=3D"https://url6380.news.pitchbook.com/uni/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXgbW8m1f8-2= BS5JIBYVRQ52ZpDgFTVgamBxxUlKBHI3XLw-3D-3D5eJt_I3w5d9c01gkD8gLzFEofZR-2Bh6Vw= arHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy= 6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFn= r0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAx= V4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvid5MjvH= 4jy-2FcZg1bkTES3iReZM0VUBkTaz0kJvA37-2FuqNjG77rDMNsFGDhZXtyxpKQlhEJSR6y-2Bf= VWvtvq-2BEPj7pzp2d1lyuIrwqu2QE47TNf7azgJ33tDnrl50xyOAS6XCOuL1z4cikFKLfZrbrK= -2F4RHbrIOg85D1bcnU-2BdmqDkRNXlAUkcy00nUROcbMFYel8L4t4UTlAOFUYrveUfTSKd82N3= zNn-2FMaqSK4JCDmGOLdvPn8zbbdJ3NRbtT7mR42XhgMBXxvvNxmOMGtnQ-2Fg" style=3D"co= lor: #1D5080;" test=3D"" universal=3D"true">Third Prime</a> and <a href=3D"= https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7S= pSWIrf6GFa-2BaqM7ONnvsnswouzXgbW8m1f8-2BS5JIBYVRQ52Z3Ze9dCBKU6leOceWHYDVJQ-= 3D-3D8Gsm_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8P= zsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGD= opaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACS= DXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2= FlieULZCL3fcXyySEEFCQrnTFL0EfXDvhyGWPC01YYmwQKCj36QUjDpTdmggw7yf1w57j0bwUys= CdQR008gGyhqT3bjzl3Rl8yvwl2iURjvPaw5efztvjJ9n82C4YdAG6zQZwCl7WwTRVy4yUB9qGv= veMn-2F-2BgSIXBftIaavRv8ELJ2wcspa2Wt24w-2BA1qBQCkBJLOhYWfGa70Dc0wl-2BPvagdi= UmC1a3JFGKt2cRL7lau-2FIqZ-2Fe5cxHMw8pfphXMZYRqH5S-2BM4d2nzgewKvV3bfLT-2FIro= gamkXsCxQCp3gZ6fnzS0nnomKa" style=3D"color: #1D5080;" test=3D"" universal= =3D"true">George Roberts</a>, and $14 million in debt.<br><br> Amsterdam-based AI avatar startup <b><a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXgbW8m1f8-2BS5JIBYVRQ52ZaEbX-2FvtFwfoXVLRC4= h9PjA-3D-3DIo2e_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF= Va0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryq= OORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYc= SetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq= 4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvhz9WnFFwOPKg8ceau-2BUkGQAwV7tnVDI7Rsv= 5rkfvlL0ax49KcvaFwDOcpp-2FViLbTY02U1nuxiyFqOphunhoKgKkJ-2F8XLfdIMtXAWy7QztS= 2hJZid3itzVU2XGg1ZsQe7vv2ChW-2B-2BJ0qktBsBLLB3piBi1sVSvOQiYkT1JbblYXKtxWhfn= CugvL3ayeZcxZkLgtDewG2SVcoLfMUzPdfeOiWqR07vZ9-2BfC9WnqARMmmzDEmIqWsUGCn-2Bs= KAJS3W-2BuKo-2BcMZnRQPTVQjTqwMy3XY" style=3D"color: #1D5080;" test=3D"" uni= versal=3D"true">ValkaAI</a></b> received a =E2=82=AC12 million pre-seed inv= estment led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u= pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXgbW8m1f8-2BS5JIBYVRQ= 52Zdz51GoP28m2FqheVR-2F3UNA-3D-3D58TX_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRF= Cfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle= 9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2B= uHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amd= oLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvhqKAr1-2B9lTKTj= LmFbG2dny-2FU4wJ-2Bn5E3wo1WGyPQkhJ1diBKq4jTp8UR98oYn5VtgeqZ937r27UC5ifDVG0N= XgY4YlQiX7LDJBiIpBqS88RVCjz5RIgQymOitqBBThrF1ZnFQAmtbqHqs3CTvON0w1m5CnWBgjs= gfWvIbFes9Y8OPTiIEJcxLbftLUYy2lQlP-2FV2z4pa4SKse-2Bo7O1T1tWQZPZp7vtbv2KdMqU= PlYcM-2Fmmsc1qrDWwe6Bs8a1M7EG3CPng9gvhnOnY5nWTGc0n" style=3D"color: #1D5080= ;" test=3D"" universal=3D"true">Rockaway Ventures</a>.<br><br><b><a href=3D= "https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzXgbW8m1f8-2BS5JIBYVRQ52Z3szcIaWj1GeKdmar-2BH-2= FLBg-3D-3DtGaH_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqO= ORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcS= etACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4= mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvhp8biOifYtHBwbFvUn9uePL0fI-2FCdXYmeRiW= xLEAJ-2B5Mcc6oFa3cbu-2BKqjcWqAEnlGGE6R3x56nxC3HocKR-2BpMlb2KXF2EEJF3dvljYFv= oywpibAWZsqb7G3V-2BddlSrmjTDJgSrHz-2FlndmkVoPNqUEzsxwFo-2FNnXtrIh74wgMahZNW= ZjrVKz8WzlWNh3VO1AaDV-2FYXlPZCdQZh1eg-2BUwjc9cx7gwQuga9F5Avbi-2BThfMFcTXofX= zuZaKKeSP0s-2FC5nFEkYGyi9crr-2FyLRShg-2BX" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Secfix</a></b>, a Munich-based security compliance= automation startup, closed a $12 million Series A led by <a href=3D"https:= //url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzXgbW8m1f8-2BS5JIBYVRQ52Zc4QHxcjtjar0qZhGGEHvng-3D-3DA= ql2_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLh= NGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcA= ZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCn= wyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieUL= ZCL3fcXyySEEFCQrnTFL0EfXDvhvifea4pEeTYIRa99-2BDLBii7ptQav7SYnTH9cq58wsz8XmG= XrRDzbaDg0Vc9WkSeVNhHGNzB01dhCr8w-2BBsT8sw77fUrdOmAh62b1YuMm4brHyQ8CMTL2ELM= QbGu6j1HsTc1D4Ild9La9bgn03taMrHGKHZprEibgXudja7kABIc9Phs-2FRbsKtDbfXgNFWGu8= 27GDYgQpCrSYteTNLGrtynjNBB7FXdx8ZNVybM45IaN2IuYtiw2NXmSlWwg4hD3qPZf9QkfKTeQ= 3kr-2FGtKsXY" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Alstin= Capital</a>.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/l= s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXgbW8m1f8-2B= S5JIBYVRQ52ZSFyRzL2DHDt3Foy9iHTPkQ-3D-3Dt2Y0_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwa= rHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6= VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr= 0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV= 4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvjnRaY-2B= g0VJzVXMLRDLoMzbJcK432T9lt6bU5PSdJXpmv6OYO0W2LnTA9hHFDiIFFQ0ddJr608LdQybSwx= gLyTUq4OaV60HleeiQ8WsRbmU3oO84Q0UssysJcBHCMQWRnym997KHBl27S5HIfUg3Rm-2BE57d= iInQS9gEw7-2FRYS1sL08Ds4vdtKBp1mfS8HjFsxtGsu8LzIo7no0GM2sVeykNNZmkJI-2BnWhc= 70ka8SR2aIs-2F4eOxUQWbl-2FfyS7GZZufZfFK2adDblQYN96ilqHCXE" style=3D"color: = #1D5080;" test=3D"" universal=3D"true">Flexoo</a></b>, a German developer o= f physical AI sensor technology, raised =E2=82=AC11 million in a round led = by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4= n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXgbW8m1f8-2BS5JIBYVRQ52Zq-2BSFhhc= E3wTpaEfa1C-2FKMw-3D-3Dq7H3_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t= 1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjX= OFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb= 6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo= -2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvjZ-2F1azdNVxurSEY2SJpMNdy= Lb-2BpVGQOi2-2BwNbipK-2Bayu1-2FVUSy4vNJeVMlGS3rsdqfL3xkwhW3EjIr5oEQqdymXWun= 47rKQ710bEPTIHvwgLvH3bL-2B3mENY-2BPTTjPAjDq-2FJ3PVrw4w8eMhlwL4EE-2FquKR4x1p= NPPKqyyh-2FXfk9pvtSACzSAD1-2FmUzm835K-2BqrWZbLp9og-2BdstKw9fou9KxMfA0YWLhsp= 5nM-2BPnRWw9h6OFRoZdbyvdcGwfxEdb6z28PzJUEUACHbw0Yna-2B2vbj" style=3D"color:= #1D5080;" test=3D"" universal=3D"true">eCapital</a> and <a href=3D"https:/= /url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6= GFa-2BaqM7ONnvsnswouzXgbW8m1f8-2BS5JIBYVRQ52ZQHMMQNd6wISOxq5i7D9Zqg-3D-3Dkq= 28_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhN= GTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZ= WF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnw= yg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZ= CL3fcXyySEEFCQrnTFL0EfXDvgQd0Iork3w82JQEsFpdM32PBk2-2BHjGc5zlyu4P-2FY1PaqX9= iXwCX7xGZuGLnEqfkAMTfJd4sckGKXu5EaWWcy-2Fvu3gOQPXVgyqUlS-2ByBi3uwnUP-2FAbW3= cahXE-2BrNvtG-2FvfPA70M7rKsMe7irPPHGf-2BgWgEWZSl1879EeUapeNZLYYdDePbLwxtlBX= fs9e7nGjxSeUPpBfGOU5bD5wD8RcdVuVBVXWLM7aSgqr2Sd4GOYAdeV-2FmpjVsKDd9k08gbJzc= gqgWGkxbuMcWDzsCXVaPy" style=3D"color: #1D5080;" test=3D"" universal=3D"tru= e">Aumovio</a>.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni= /ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX40YxwpFuk= ncjkpXp2xv0FbANqz-2BO7-2BUMN8QBCw74BLA-3D-3DqfL8_I3w5d9c01gkD8gLzFEofZR-2Bh= 6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRa= roy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6L= CFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2M= 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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-2BaqM7ONnvsnswouzX40YxwpFukncjkpXp2xv0FvGO-2FXH594xMYhosEGS= RNZg-3D-3DvnTF_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqO= ORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcS= etACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4= mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvh0b6ii1cZmH6gEl3PRVOLGVCQHqXLP9vPXzjrr= xzWFMrauohThC3LYBmLsGXFo2gCpRUrfmSj5GlT5sFo4YbMnRC56zlrDNqwsuFih8fnzVKkFS3d= 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J" style=3D"color: #1D5080;" test=3D"" universal=3D"true">VoltaGrid</a></b>= , which specializes in energy for AI infrastructure and could be valued at = over $10 billion, Bloomberg reported.<br><br> Japan-based <b><a href=3D"https://url6380.ne= ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O= NnvsnswouzX40YxwpFukncjkpXp2xv0FCmR56rxuzihdNed-2BvBFOWQ-3D-3Dbzfo_I3w5d9c0= 1gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7= arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7z= sqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B= 8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEE= FCQrnTFL0EfXDvjwt38zaf5l1ilc7oZIGg3AOQlyTf92Gz3KhtnfY7Ap-2FxpgufOR9AUl4aEeT= QnuRmXhH9rIV1WTEkmT927K4t1jb1tV2UjZ5CdvQJGFTemCCtCMxqR4XcP5sDLsdCHY0DvK3-2F= aM9OL-2BCIMQfys-2FoABpNXFWQzXhFjHa-2BzsI2HVDuieJl1aQK9hiNKikzCGECHH7Jyb4cU2= 4LUHXAjK0N8w4ku9zUmtkwnohqogUKaThYgZEkysu1WHI36eja4Fp6w7uBFyZdiu1vy7YdHl1J2= 2m" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Taiyo Holdings</= a></b>, a publicly listed chemicals manufacturer, is in talks to be taken p= rivate by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3D= u001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX40YxwpFukncjkpXp2xv0FmtNL= qMBg7tl6oshJaeX4mQ-3D-3D6yGf_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3= t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwj= XOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TS= b6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLg= o-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvhtEc5cnRkO4PkKAg0Y1ll0ov= aqYoSkBJvAWQ1wT7JkirtuAZwIPuzigcF3XQGXTOvVhx4AwiFjWxMrEYlFaEzUj-2FdjVe-2FYs= dBWhZZQE7UVpTpGbOQKD0XCVUq0YTDn-2FghCgj4GA0RF20cnVxiCmbevs9kvvcZSYLtIJibisD= E-2BvkecArTrXaS3aVmhlhUP31Aqpbw9uedWAG2XKbY9CLNuSumZH-2Fz2LwCmgsXTG-2BMIe4r= giecVQtLkrSTB-2FBYJBLpUFz6NiteO0s3inupm6VUx" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">KKR</a>, Bloomberg reported.<br><br><a href=3D"htt= ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW= Irf6GFa-2BaqM7ONnvsnswouzX40YxwpFukncjkpXp2xv0FvGO-2FXH594xMYhosEGSRNZg-3D-= 3D0Vc-_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF= WLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopa= qcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXY= pCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2Fli= eULZCL3fcXyySEEFCQrnTFL0EfXDvj2B7xdtYAp5xMtb2NTGbKsGEfoKb6JRXBnDol0DZKc7wZh= J9mln9ytBjWxZ7TlxQ4ki4SWLT4r1mDF1UrZ0fnhZQDrv3ffDGHSZDyM7DntwN31bwhEdDYDCQb= cm8V2Ba00MHufaqJKwOWno12ugy5D4iShgSvUbg1PxO3hd0mduRU-2BvNFXmG-2B8lk4lkmm73W= b-2FwwQSRZSnCmRr484wsjA2QUATRDUzJergAGt745NPn6oW6i2iwlUMKTaXKCBJPvwG-2Fjyd5= uYI1SgmeLxYm1lA" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Bla= ckstone</a>, <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX40YxwpFukncjkpXp2xv0Fg= 6EJpuV3mHFYLCd4j5a95w-3D-3DGnWK_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-= 2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJ= NwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm= 0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3= DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvhpVJYM5FPIUkP8vqkjAfv= 8c2nBiBES3ahOHJ7raqo7wW9G4nFTt-2FHNHPR0VfqbqwMvb3qRoC0FqePcqySBK8CxeDmEbzSN= 3aHYgz-2FOuN-2FKRyhaLKgFbjEwA1NBZZD162D1MDs5nTtMwIFnHjW-2B7hMgMsWDK6EcV7aTY= 2pBNzIqOcIhSD-2B5HyPBb-2Fofy9TY85LTezPqR-2BodhiQ-2B2fjF2qF3NGaXX-2BWCQIhsIP= 8XiEL7q1KRJodfHbvrbTAN91FjIvtzJvmpDxCkfS0Lch8U9KR6" style=3D"color: #1D5080= ;" test=3D"" universal=3D"true">Centerbridge Partners</a> and other PE firm= s are considering an acquisition of NYSE-listed yacht company <b><a href=3D= "https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzX40YxwpFukncjkpXp2xv0F-2BCIGpBR8hwNOBVFBXvr33g= -3D-3DrTug_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8= PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAG= DopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetAC= SDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-= 2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvjrJBsJNqVZ1BUbF-2BrbHo8DJyrFa3pPVfZsDZRzcu= A-2Ftz4x2T1MkGPRXH5bxSgC66oNG3tZ9UH3GrLFryb9wVaVzkF-2FXgaW86FW0ZnSEDqNoj82p= CjzuoxY5OK8PN3gtXrTqtHAh3HYZEV21OXvOcfckP7ondVwBSZjRiZIqoq59gmdm7Ckf7jC2ZyB= jbN4RHiWHu-2BECp0d5FEpVGVge2-2FKkMYOhHdddvpdHZCu0ulRK6BWylPUI1RjqbvSP2FM2Di= 97hGj29r56MPsAWJ3M71V" style=3D"color: #1D5080;" test=3D"" universal=3D"tru= e">MarineMax</a></b>, Reuters reported.<br><br><a href=3D"https://url6380.n= ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7= ONnvsnswouzX40YxwpFukncjkpXp2xv0FoJpBCJGaSb6pD5nu1MmXDQ-3D-3DJD3d_I3w5d9c01= gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7a= rVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zs= qnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8= vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEF= CQrnTFL0EfXDvhNA5etGBRZCBV1Mm9IOmAlYJsksPfHeD9Muzij8aJ0JVOFZeuKhXCEipn0KH2o= pzK61jyLvJ2Kbpx3EzovFnI4dpLujpyk45lomqfWf2V5wuJXUhJzSiPFtUEj3brm6fOPFyldSp1= REmKoypPXuKrIYU7QxXwxmDpdotnhPgASPJqxQc2XgvGXzS6DTgBbC5ENpnSg1CdlkRg-2FgM4h= EJhoQFaSrelHYKUyhS8LBWHg70JNBfD5kqmCm3HEdo7wKJVePl-2BYjWNbdHMadgL10Lxz" sty= le=3D"color: #1D5080;" test=3D"" universal=3D"true">CBPE Capital</a> invest= ed in <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du= 001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUptWmApdfdL9kgZpejNsFlZYxbB= 1W-2BhM4RIYyZlLFeDA-3D-3DBa9v_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F= 3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNw= jXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0T= Sb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DL= go-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDviCh1jczEHjF57Kty2xq561c= p7sZXYOqAC-2F-2BJw1C9EOr3w4t37AI024HA9hKsGOyqtZZLHMN-2BHfrz3L-2F7aLZ6pzs-2F= kHab37lMazKhHSerh6q2iUDLwgImtJ-2F9Nea95qGhWG6hssKlCywM3oU0FbUYjtSstT4yJpxsc= 8fRc8wRwmnC-2BP54WCJhW79AIu7edipbBX-2FNBLOYGu8roQ5KQM1gWSYUSEt1-2FgwgaTu1J8= c3kBj75Xfrfpjj2TbAEj-2BklZwbMUn7I4Zq4ad8lYXKn2e938" style=3D"color: #1D5080= ;" test=3D"" universal=3D"true">Access Infinity</a></b>, a London-based man= agement consulting firm.<br><br><a href=3D"https://url6380.news.pitchbook.c= om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUptW= mApdfdL9kgZpejNsFli2nrH7tOtuzDoGiYlN688g-3D-3DYZg4_I3w5d9c01gkD8gLzFEofZR-2= Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGi= Raroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz= 6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e= 2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvii= vtNzxKrf5L2Zl47DxXSpVsISfd1NSekLgSswbKJSSTyrD5kcaXB6S5vVZp-2F7sOeLBKJ3aXjN7= ezb3sFs0sXns-2FYFasFcEOBQZpikjOUB-2BKAKPz02YTjk1zIYIqugiuU4GpXYJNk8zVzO-2B4= 75p7TOoVakqkLgGglzEFGioWLqlh3zxWKa19Pk0Kil3uNPPcbdzQwXNY2lTR0YuTbRnugsy4he3= 8j1xticvytoSbdkIwDuM4Rm9go6waAbENR8YSnSwYdBmTUNar2NVR7QLnNL" style=3D"color= : #1D5080;" test=3D"" universal=3D"true">Sovereign Capital Partners</a> acq= uired <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du= 001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUptWmApdfdL9kgZpejNsFlEyq07= 0uk-2BkaFPuDg-2B7t7SQ-3D-3DI1Ua_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-= 2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJ= NwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm= 0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3= DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvjip5cUofnmpCfsZdZp-2B= 7ufUE2qIM8AZ-2BhPyUNK0wMxM6ojOw-2FXVzjY0RxNepyfVHrcAUBjf-2BAlHPB2eYuK-2Fhor= UOd0V6knGf2pzSaVC07Awrb4iPsGxB-2BOcpfPjdNV5RooY-2FB54mAwfnvs1zIl30y353Yucs9= ojyAM5bkd5ws5kaEGHqiEm9YVQSAO9VnNDp4iVUX6dB0tyyugyIcLdNb56q-2F7gObk8FTeEBzE= vWEhh-2FkyWP7EUIz0LMb6xOvrcVm9Ly1WbgCFpLbwU1kx-2BMqW" style=3D"color: #1D50= 80;" test=3D"" universal=3D"true">Apollo Home Healthcare</a></b>, a UK home= healthcare services provider.<br><br><a href=3D"https://url6380.news.pitch= book.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswo= uzUptWmApdfdL9kgZpejNsFlpWA94bWVOeTzew2A5t2f6Q-3D-3DA-Zt_I3w5d9c01gkD8gLzFE= ofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk= -2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4= KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwct= mFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0E= fXDvi6y0E1pMFspazQ3EqGxBGA3LeYab2GWkI-2FfXaE7M-2BFpMz4xRGPvlCDmf-2BlOEzgesb= -2FcMUtBx3aF5HrsLcv-2FahxQJAnPh9giOJQqZ8Wz-2FxUpnfJCPXj8RbBs9-2FGNBu4aPtf7X= eTKRZY0WSzQpfK-2BaSswCwyf1qbFQf60ONmC0suO8VkapAwrS9-2BAWPdmfr7P1RoOP22eP2Fw= ISP4tnU2hSIdyQXtX7J-2FY127kk06zosNIs2sia-2FeDjmn3XQvPJ7vABqxYAOTo4VSTTbjlZy= rUbP" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ambler Brook</= a> invested in disability insurance tech company <b><a href=3D"https://url6= 380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2= BaqM7ONnvsnswouzUptWmApdfdL9kgZpejNsFl-2FvrKlUmxdB9IOPN6Ych-2BNw-3D-3D8wUb_= I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTV= C7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF8= 8-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg7= 7B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3= fcXyySEEFCQrnTFL0EfXDvhy5X-2FtylGLYtI3nXFlTomOT-2FXa-2F0Ey839-2FhpMaJydbdC-= 2F6F87d-2FTOiucsX43tl8SNgaSfQxZJrqvZUd1Eix3tBXsVi9x7JEyzX3jjv1fXjgWuoteHg-2= BqvZB9cHUa49f5yRek9wCSWK0z6d6zEe7VZUilhxfFzuZe5WoQ6zEeCpwXoNoIEyFR12OXWH0QR= 5tn8VGAX9TenqiAdtqdsaQGg82mRNBgdNqNMMNq7LoBZmb-2BlwrOPsmYHh4h3dir87B3xMzz6s= 4majMgkR5kDLYCD3" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Cl= aimify</a></b>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Portfolio Companies</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-2BaqM7ONnvsnswouzUptWmApdfdL9kgZpejNsFl8AlKoEzv2OCMoMGNPoNT= sQ-3D-3DMFlE_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0= m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOOR= AGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSet= ACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mt= X-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvgZMPs0qoquMRqrJx-2BkMp33JHuTMioL-2FLurAb= OkBxuhcH5yrjbHp6bzugefgoQp-2B6L86QC-2B2yP6bqkz2wJYqRCWH84gqAmh-2BY-2FjkwMQ5= lzweMFPa8Qkb2fX9Ncex8rrX5fbjB-2FoyOVCDrqomrfCpHGAXZnILkIwueoNJBMy0dyA2Xbo8f= sJcaWEt4HkxTFeD6MMGUaOR3BJJiy5ocoRkKLSd5fitOEeCZGC4DUAhPFHBbytCY6zC9-2FMgCx= -2Ff0ZRYwmOqQUKxMVv4Vglu33FjhEN" style=3D"color: #1D5080;" test=3D"" univer= sal=3D"true">CVC Capital Partners</a>-backed <b><a href=3D"https://url6380.= news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM= 7ONnvsnswouzUptWmApdfdL9kgZpejNsFlkx0PktLIR7izICvp-2FVlZGA-3D-3DR2wD_I3w5d9= c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2= F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq= 7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-= 2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyyS= EEFCQrnTFL0EfXDvhiuCM-2Fa-2Fjbna-2FHNo2RRLSIe1KA4X7ftic5SeZgLnzGA5D4kEwGC0d= TfVsnibjWQLIikoNksnwKD7OiZn45CZ2F2x1rIFX9JRfA3WalyN3G4gISuDIvv5lSUplMXnvFUM= t9XsR0q8ColARf4b-2FBPCKQMvgptchjlLti2NNbgn5bIUrZJ1VYJXeq4SmUxeVedOv1STf3gM1= UDi9wFiBRiTMrAjd7C0Mq3lqMdqV9S83S84GLpxXB9aPjERDPqsUT9aVrV5F2qgRMBoXUJO4k1d= K4" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Syntegon</a></b>= , a German packaging machine maker, raised its debt pile by 40% in order to= pay shareholders a dividend of more than =E2=82=AC550 million, Bloomberg r= eported.</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-2BaqM7ONnvsnswouzX40YxwpFukncjkpXp2xv0FvGO-2FXH594xMYhosEGS= RNZg-3D-3DBrds_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqO= ORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcS= etACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4= mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvgiuA3vzUk-2FCsMvPjABHXKe0EfVEBQJoPHJaO= y3uN4Xf-2B8XzkWMS0REYIdbxCSFP5SAhHQz-2Bs2P-2BebCGzQvRra-2BLhurR5ow6TgRkNGn8= 1yaUz-2F2ul-2FJAg3qu8S95mNf1FAYcKHMKL4MJxUid0jZQ1ETxGHV8ewy7etRg2bl5FC9QJBU= 4ZP8VPQhueLL05n-2FG8rbNgGIjac77-2FLBcAO6jf1Rg6KyaQWFhYnWgxKPfEyv49owf-2BIcR= IU6UYO87EjSjGboXZLr-2BugvEbN91imDkwlS" style=3D"color: #1D5080;" test=3D"" = universal=3D"true">Blackstone</a>-backed <b><a href=3D"https://url6380.news= .pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn= 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nger</a> acquired <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/c= lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXDs5JHuEp38BSHt= O-2BGcZVB7oVMKicsiF4D52uwGLeRKA-3D-3DVez8_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHk= xBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr= 4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0Et= H-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex= 6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvgDOVbvy8dTZ= ov3I-2FIjqOnIVD1L7Bibm0zvgvv-2FFT8MZQMs0M3fhj-2FTO78vj3DaKndEBt1-2B1TShX5f1= Wpr-2FC4p7EQPYgWlFiXhWynupjcyWP-2F2SLsHrFXK0cJx5VBIkOkqNXv19Tp2MbyYY08-2BuL= Rph46S9HWVrtQIMbI66ykbGSXv9Kgn2sH9hdPKwYzPy9h1Ujq1RnqDM-2FV3bI0IGQyEPiF0dAf= O25xaZJDdEAQaBVhpjaSEBMP-2B7nv8oxI9M6cSRocqg5Hf0Kb894wOGDHm-2B" style=3D"co= lor: #1D5080;" test=3D"" universal=3D"true">Phantom AI</a></b>, a developer= of autonomous driving software backed by <a href=3D"https://url6380.news.p= 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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-2BaqM7ONnvsnswouzWGyqR-2B2rBfExQsFSdnMSVwwoUTlUBsKKsDz-2= F7QbwdBrA-3D-3Doqpy_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdW= eUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr= 3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIU= dVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-= 2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDviCB4N3k-2FYjpRJwfeN8ahUtk1j4L-2BP= h02f9DJyGMITXdY2ck326OqBL29S9yrQ6S53PRJvr2PvJoPK19wr6FSiViOQfIhXyFu2WULTLq-= 2F2keADVumuNxv27njCpgCAxrI1fhbasA299cNATBBE43JrwZVtUJXEShexcX6rpfi1rfPhSA8x= JQtYHTZMx7M7w-2BdM-2BdiYKGOD23kB6OZbu7Vr5xMzshJJROBpW2h6QNbPDHv77GEZQp-2Bah= 9d91AI0GBXdVJghb6eThSyyodLRBBbwx" style=3D"color: #1D5080;" test=3D"" unive= rsal=3D"true">Novacap</a></b> closed on $3.8 billion for its seventh techno= logies fund.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/ls= /click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWGyqR-2B2rBfE= xQsFSdnMSVwbUPJ5ojPGs6E-2BfG4sK2o0Q-3D-3Dltde_I3w5d9c01gkD8gLzFEofZR-2Bh6Vw= arHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy= 6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFn= r0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAx= V4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvgkiwKsw= LEeTjJ1WP0dalTAigulL0655aZwSxqDBRf65OcL0qRFWFmVzNUSLxY-2BmIMY2euqk7lSWsC-2F= KRf1ufb-2FYAKKqFLm2SxOMC9IQCAzFu-2FLQELFw-2FZ8OSHbtbyTlbw4eQTjMr1y7HkWUwBEN= wL1Jm7TS8H3f6TAxLt1Q-2FbZiemqq5riOagxJotwi9-2FJsI28-2F5vH2HFvFezzMZXcFQ0JBd= NWWhXo0iDlGMZU9Q2syUNvlEoIQo-2B6CmYNGshuP2wNfY6Mt-2FarNl0G7ET-2FQIvZ" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Updata Partners</a></b> r= aised $875 million at the final close of its latest B2B software fund.<br><= br> Healthcare-focused investor <b><a href=3D"ht= tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS= WIrf6GFa-2BaqM7ONnvsnswouzWGyqR-2B2rBfExQsFSdnMSVwMmm5cLaqtBH9DuZIkJ5bGA-3D= -3DTYgS_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs= FWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDop= aqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDX= YpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2Fl= ieULZCL3fcXyySEEFCQrnTFL0EfXDvgZVcig4ww8f4tJwTr75v53GUXFvJ5XztGTqCyLDLOD6xk= yqjBD2s5mXQnLg6ZZrJLRgQ4et-2BmmfiBsAHfFNZgwIs3kOcWiPLweauU09Mn0a5qLqOaBzbwy= FpgH0Ze1C5D6tj5PAuLDGPumNvDwkHI-2FzkPpdYUdEfQqU9amfOoc-2B56im4nOYHjFCF1OVBM= yQSBUQDitDA9OonLrlMA-2FXekuc1wYlEXNo2xo-2Fde7dwV8PPMn2wYLsyK8zX3BHPceLl3NoI= GMXiAU-2BSZkUYORvEHN" style=3D"color: #1D5080;" test=3D"" universal=3D"true= ">Ascend Capital Partners</a></b> closed on $791 million for its second fun= d and parallel vehicles.<br><br><b><a href=3D"https://url6380.news.pitchboo= k.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzW= GyqR-2B2rBfExQsFSdnMSVwB-2BmQCTdCYogo1aLcaQAvFg-3D-3D3sGO_I3w5d9c01gkD8gLzF= EofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkk= k-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU= 4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwc= tmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0= EfXDvjZPjGXznWXHaOKJ84HumHpV-2FzrSSNoSpbjqERKIw6C9liAgDiY2cCe-2B-2BVgLbgM5w= 85X-2FanxCSAYS-2BRXcgcZkowrEjDcGgtoRpq969et5JQsTuLH1psFv82TGt9-2FGx7iKoeO6J= FpaS0k8MzIt8jkK6fuGblrsgXPyDuQ6yCzdr27IO1aL4nWV42hscbKTo2zY2W9alICKTgQHrPww= C1SqFVpJ9mXXDImbayA0mNDObOMx04j0BL4JgzL-2FkW7y0yYJfFDzdKO7LQPF-2F-2BUmXNgOU= 3" style=3D"color: #1D5080;" test=3D"" universal=3D"true">GCM Grosvenor</a>= </b> raised $625 million for its structured alternatives investment vehicle= .<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWGyqR-2B2rBfExQsFSdnMSV= wbIBZt-2BZVDWCl9rM2JHL5kQ-3D-3Dt-JW_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCf= mzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9f= lDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuH= lpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoL= a0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDvjO0rlYgbRcRXjYTWy= xYr95HHFcpAzHysCwh3b22FRTr9bPsFsHDPIoX-2BsjJ8DB6pOAqODDKQGOcwaUB1rN6yzbQWcZ= opg3ighU5bWZpP24ifwE-2FzyEBkBQwS7iKhIh4qc0MMhkl281brB49398K-2B58I-2BCNXaRvq= yDHOUTDbvdO6uJwSMdAmEX1-2F4RyZbX5MWGgwd1UbW3TEjYZpcr9m9vBaWlvZaOHMwDBPN45LO= sU6-2Bw-2FVYjrLXkjywXrA5cUhmCps1uTxq6slFeJABSRx4LQ" style=3D"color: #1D5080= ;" test=3D"" universal=3D"true">Gore Street Capital</a></b> held a first cl= ose of GS EU Fund and is on track for a =E2=82=AC500 million final close by= year's end.<br><br> Renewable energy investor <b><a href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzWGyqR-2B2rBfExQsFSdnMSVwTg1smqbeic8i79o7C7nlCw-3D-3= DX8L4_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFW= LhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaq= cAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYp= Cnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2Flie= ULZCL3fcXyySEEFCQrnTFL0EfXDvhEOKEdUx0I2cI2pRYXrDTz6tZizOAR57wP5U-2FpcKZiyGD= Gu9ehuB7GBxrfteHFvJYHo91IuRx0mZENX12jysoVnlZiy2ZBumybcxloJATkQ-2Fp3pIdBKxBy= Bih76fVXgD2R1-2FjPLUCzj4qNmDLrKRQezDjkbSrMX7npFSHh7ee6bZ8BlBNPkDSMfZEj90EE4= 948AleJ2egpjm9fO1HN4aAnAGss-2F3DWjg1DtYnpsew1P3RodzFpshCBnFPkqP01dbu-2Fm46Z= 9svp-2FFjY5e4kvOY6" style=3D"color: #1D5080;" test=3D"" universal=3D"true">= Energea</a></b> launched its LATAM Energy Portfolio with a $100 million sec= ured credit facility.</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>Investors</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-2BaqM7ONnvsnswouzXDs5JHuEp38BSHtO-2BGcZVBSiCpPmCRX4t07qqilo= 2zzA-3D-3D_Sy8_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqO= ORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcS= etACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4= mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDviO-2FTU1-2B-2BwJaWWdGBQU5rkMuAPbGUtqY1= MC0TqOplFaH3vAIK2bm-2B9IzRci69tqyz2Gv2nb2jgUEn0pq5fqyGIhygoqeByrx30v9YW4y3t= NQO98gMFA9I0hOWbEcAAipF7pHI8jTkf2uneMQkduTr5n8jDLXwawKTVw9PUKEEWYQ0Jm2gZCd7= K15uYk6QX4alm7x8zyMq21jzUoT34GtXFsivJKyTJlHzMdZ7NwRPzgnhtpVjBNvlyjtLQ1ozbPv= vuCirBjFMCNC9PjhXh8lejD" style=3D"color: #1D5080;" test=3D"" universal=3D"t= rue">Verdane</a> agreed to acquire London-based VC firm <b><a href=3D"https= ://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr= f6GFa-2BaqM7ONnvsnswouzWGyqR-2B2rBfExQsFSdnMSVw0gORQZy7J0Yz5AE3LTCN-2Bw-3D-= 3D2I9H_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF= WLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopa= qcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXY= pCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2Fli= eULZCL3fcXyySEEFCQrnTFL0EfXDvhPBZlB4bItRqaWa9AjepvcwnO5mzRYWarQ6OhKp6fTzx-2= B3dzWCKytHFMoxv6r2ri9SIRBXZPQg1qI9u4LrqL7RXXZ9rU9ElRFUwBSOsNvZgNDHTq6gaVIfr= CIY0VGO4KFdJkmEIaLhankoMgdctvLHQ7vRUzw9U5aw2XCJfdHsIkOPct4rPlE5ladtKFWNMxU3= qTSj-2FyXT5cCmiLreCqqAHDCVAkjAElJGnLjmyRXcCR5iwBvuxbbn8Cy3-2BWPbj5Th48qpnU9= c6U0d2iyBbcbA" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Augme= ntum Fintech</a></b> for =C2=A3185.7 million.<br><br><a href=3D"https://url= 6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-= 2BaqM7ONnvsnswouzWGyqR-2B2rBfExQsFSdnMSVw-2FoJJrKZaTJ-2Fk-2BwICNCD2MQ-3D-3D= DnwF_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWL= hNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqc= AZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpC= nwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieU= LZCL3fcXyySEEFCQrnTFL0EfXDviUNtKtvLMIP6gGNQW604uocJlXrXiRXDVieHZHtY4wQp11tz= Fl84YIBe2P4J1n-2ByrR-2FNEwI9XC1goanhXH8Y3-2F1wN3owkjkdggr1Y61WWLzFmeMaa-2BR= hc7afg9Xw2AS-2BIBZeypwBcD7WPC1cB9ZiwtwqKqxf5MSaeF6k3wzqqELRZyPypyKmhe6c4AQa= N4wQmBwsBOI68pO-2FXMoGWYPn287eo49tQ4SJ7KTKT9maI1KkTuzYEPbA0NZ55QmtuCbNDAUMo= n5LlD9eD3nDANIJx2" style=3D"color: #1D5080;" test=3D"" universal=3D"true">O= ne River Asset Management</a> agreed to acquire Switzerland-based <a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWGyqR-2B2rBfExQsFSdnMSVwChi5o-2BPNu4K9Sb2Uv= HSYpw-3D-3DNCC6_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF= Va0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2BpGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryq= OORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYc= SetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFrQ4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq= 4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXDviI4HVq5EdMIoYrX7rcUFX6PqN7BBeLtUu-2Fx= VPFuPzSiW0JZ6yFQVIpsZXD5njZA4BrbXpzldza5SVwJaaY7TzBrT9-2B442DOZNX0fUvNH4kle= kgKJWYo1McJKcj6sZH6jGN2dBItuqM2jUWDJssyTUjrgKl3GhNx6Yx79LAKg1o58AR0sIMVZsFS= lTQ4ZBc2kR3Fqy-2Fck1M72t7OVnStcX8sNhgfV1EIt1hIMJdeg9pc3KsEGSLv7nDXxTAfUEYB3= QqSQxLOL6ipZZHy47WlqgW" style=3D"color: #1D5080;" test=3D"" universal=3D"tr= ue">LGT Capital Partners</a>' <b><a href=3D"https://url6380.news.pitchbook.= com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWGy= qR-2B2rBfExQsFSdnMSVwRCj9vClsJw1WQNyl3o9I4Q-3D-3DKobW_I3w5d9c01gkD8gLzFEofZ= R-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFWLhNGTVC7hd-2F7arVhT2Lkkk-2B= pGiRaroy6VYr4xle9flDLJNwjXOFOy6YSr3ryqOORAGDopaqcAZWF88-2Fxq7zsqnwj-2BU4KlI= 3Yz6LCFnr0EtH-2BuHlpzm0TSb6YaGkMIUdVYcSetACSDXYpCnwyg77B-2B-2B8vZ25zdwctmFr= Q4e2MHAxV4Ex6amdoLa0T3DLgo-2FFImy-2Fsq4mtX-2FlieULZCL3fcXyySEEFCQrnTFL0EfXD= vjhFwI-2F76Lbe-2BP8vWDyYSccLirv48o19-2BpS3-2BzzydTi6Cv-2BZEa3eTzBLwgDhBjRUX= tQFAJQNS3KLmFARCinyMC1SM0vx-2BbfN4SmiqfrWlPN5LkpOPgCpic3wDOiqw3JlOYyXjeOCey= HEIu7PesffpFEZv-2FVFjSwpnyPMSGd4uR6PSnE7CiEEvACYhnlWYd8cPIjjHPHvJPgY3i1asCc= rZOddTiJnRZVJwLliEjmQjNSmyu7CmmVq0P0ROfblBKR-2Bp1GweAjZS50F68kD1Ws-2BPQg" s= tyle=3D"color: #1D5080;" test=3D"" universal=3D"true">quantitative investme= nt unit</a></b>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>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"><b><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVIk4OFfugQ46g7JUJWguVKYqE-2BqeUyIq5f36m= 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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; "> 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