Google
Edit File: 1774351336.M979115P504316.server-619288.prediksijaya.com,S=207243,W=210908
Return-Path: <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com> Delivered-To: angker@server-619288.prediksijaya.com Received: from server-619288.prediksijaya.com by server-619288.prediksijaya.com with LMTP id NQQ4Ouhzwmn8sQcAf7/9AQ (envelope-from <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com>) for <angker@server-619288.prediksijaya.com>; Tue, 24 Mar 2026 18:22:16 +0700 Return-path: <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com> Envelope-to: most@ponjosonek.com Delivery-date: Tue, 24 Mar 2026 18:22:16 +0700 Received: from o2.ptr812.pitchbook.com ([159.183.175.69]:2752) by server-619288.prediksijaya.com with esmtps (TLS1.3) tls TLS_AES_128_GCM_SHA256 (Exim 4.99.1) (envelope-from <bounces+28456106-0cb8-most=ponjosonek.com@em9314.news.pitchbook.com>) id 1w4zpv-0000000277m-0M6T for most@ponjosonek.com; Tue, 24 Mar 2026 18:22:16 +0700 DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=news.pitchbook.com; h=content-transfer-encoding:content-type:date:from:mime-version:subject: list-unsubscribe:to:cc:content-type:date:from:subject:to; s=s1; t=1774351294; bh=qpmq3b3EYceqZLOqZxXn01+egG9rrO2If5JJl7/SUro=; b=tZTKiN1fcJCMfaJf37nCkXGYnn3du7owOVnS9EunTtZ9K7QI6mc0uz4jDNg8yLo99NSv xFj0DHBg7OkFGK2es8gFCGBHGwX8ilQR77uGJ7cmFuYKdbF+cwvrdBhLhh2LI09pRLCto7 +2OAVGe+yyzXzDtP/G1FnnM5GrKRdklO9dyCpPzlv8OHC3BFIr/DJCIe60VWvFNy7GNBei HtYKYm/FooMLeuYl9ErpEdhguPzGZabHecSqTDFgLMhZ9S/7nIHTbu1OKsbisUn7yaM7me az9dQFsdU1CHDzUTzMRJe678uOucRLH0rQIhFUmj0mZ5URE+/oVwe00gEHmVIRHw== Received: by recvd-b6ccf6f56-hml4z with SMTP id recvd-b6ccf6f56-hml4z-1-69C273BD-5B 2026-03-24 11:21:33.616141226 +0000 UTC m=+1267533.240745122 Received: from Mjg0NTYxMDY (unknown) by geopod-ismtpd-13 (SG) with HTTP id eLg50jKEQhC13NRm6ZmCbg Tue, 24 Mar 2026 11:21:33.583 +0000 (UTC) Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset=utf-8 Date: Tue, 24 Mar 2026 11:21:34 +0000 (UTC) From: PitchBook News <news-noreply@news.pitchbook.com> Mime-Version: 1.0 Message-ID: <eLg50jKEQhC13NRm6ZmCbg@geopod-ismtpd-13> Subject: RIP debt's golden era List-Unsubscribe: =?us-ascii?Q?=3Chttps=3A=2F=2Fcontent=2Epitchbook=2Ecom=2Fnewsletter=2Funsubscribe=3Feid=3DABLZ?= =?us-ascii?Q?54MOPJL5Q&em=3DTPK2HUIWWCWW6MTTUSIG7EYYZN?= =?us-ascii?Q?B5PPXINB6DV2Q&ent=3DEJKJ2TTFOWZ2C=3E?= X-SG-EID: =?us-ascii?Q?u001=2EwjHNPkoEd0tti6dH8mhCZa5d7rLdiAsxLgSYARk73rxHPd3Aqlcm2Tnrv?= =?us-ascii?Q?pNBcRMFNFcwVOs7OA=2FjzaFr76g=2Finfn8n5wwGJv?= =?us-ascii?Q?YZKYgJNOou3++2fUy6Mvn1B=2FzXUVMHHKk05eMXL?= =?us-ascii?Q?qjqSqtDWevlTSiWptBacFyIlUH7qaxk8Nvl15dR?= =?us-ascii?Q?WLzPvqL4ypOontH=2Fc05V3mUIwDAxO9t2tqcKWWM?= =?us-ascii?Q?w1Mof1MVKZTM=2FEzAoCwJUo=3D?= X-SG-ID: =?us-ascii?Q?u001=2ESdBcvi+Evd=2FbQef8eZF3Br+BiVHMa6y=2FD0OxHyDTyeHBn4HmQMpF4Qb03?= =?us-ascii?Q?VKy+NsOif6qx82VoLgh59RtJ66WHiqUyA4Xrq5Y?= =?us-ascii?Q?WXO6JSqtbp12WrdaAkLnh28Jt8Jxmnok1sLKF0u?= =?us-ascii?Q?zLWj37o7s=2FF7gKGBLDujv4P++JPDzcXO5gzvb=2Fa?= =?us-ascii?Q?6Sr5KXNQ031Zhztwy3rA3s8sLaZXuANLi=2F2GkuG?= =?us-ascii?Q?VcY=2FDl4fdu48IViI54754d+kD+mt+XD45CmYh+N?= =?us-ascii?Q?23vZo1RlntPMquJFhO3R+jncXJ7rf1yXQAScdSB?= =?us-ascii?Q?o6xBjnKr84ykeWXMcI7glIpOD6e8pJ6l+Z+PcUe?= =?us-ascii?Q?F2vNAJeY+KIo2m0VbEhkNm+bdw0teDCOM=3D?= To: most@ponjosonek.com X-Entity-ID: u001.YFoIgyol8PWrw0qKNaJxbQ== X-Spam-Status: No, score=0.5 X-Spam-Score: 5 X-Spam-Bar: / X-Ham-Report: Spam detection software, running on the system "server-619288.prediksijaya.com", has NOT identified this incoming email as spam. The original message has been attached to this so you can view it or label similar future email. If you have any questions, see root\@localhost for details. Content preview: PitchBook Newsletters BlackRock CEO calls for Social Security revamp; ranking AI's giants; PE at a crossroads in Mideast, North Africa March 24, 2026 | Read online | Manage your subscription The Daily Pitch PE, VC and M&A [...] Content analysis details: (0.5 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] 2.5 RCVD_IN_MSPIKE_L3 RBL: Low reputation (-3) [159.183.175.69 listed in bl.mailspike.net] 0.0 URIBL_BLOCKED ADMINISTRATOR NOTICE: The query to URIBL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#dnsbl-block for more information. [URI: pitchbook.com] 0.0 RCVD_IN_VALIDITY_RPBL_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to Validity was blocked. See https://knowledge.validity.com/hc/en-us/articles/20961730681243 for more information. [159.183.175.69 listed in bl.score.senderscore.com] 0.0 RCVD_IN_VALIDITY_CERTIFIED_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to Validity was blocked. See https://knowledge.validity.com/hc/en-us/articles/20961730681243 for more information. [159.183.175.69 listed in sa-trusted.bondedsender.org] 0.0 RCVD_IN_VALIDITY_SAFE_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to Validity was blocked. See https://knowledge.validity.com/hc/en-us/articles/20961730681243 for more information. [159.183.175.69 listed in sa-accredit.habeas.com] -0.0 SPF_PASS SPF: sender matches SPF record -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from author's domain 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature 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 0.0 T_MONEY_PERCENT X% of a lot of money for you X-Spam-Flag: NO <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional //EN" "http://www= .w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns=3D"http://www.w3.org/1999/xhtml" xmlns:v=3D"urn:schemas-microso= ft-com:vml" xmlns:o=3D"urn:schemas-microsoft-com:office:office"> <head> <meta http-equiv=3D"Content-Type" content=3D"text/html; charset=3Dutf-8"> <meta http-equiv=3D"X-UA-Compatible" content=3D"IE=3Dedge"> <meta name=3D"viewport" content=3D"width=3Ddevice-width, initial-scale=3D= 1.0"> <meta name=3D"x-apple-disable-message-reformatting"><!--[if gte mso 9]><x= ml> <o:OfficeDocumentSettings> <o:AllowPNG/> <o:PixelsPerInch>96</o:PixelsPerInch> </o:OfficeDocumentSettings> </xml><![endif]--> <title>PitchBook Newsletters</title><!--[if (gte mso 9)|(IE)]> <style type=3D"text/css"> table { border-collapse: collapse; } body,table tr,table td, div, a, span { font-family: Roboto, Arial, sans-serif !important; } </style> <![endif]--> <style> /* Windows Phone Viewport Fix */ @-ms-viewport { width: device-width; } .mobile-only { display: none !important; mso-hide: all !important; } .desktop-only { display: table !important; mso-hide: none !important; } .newsGroup-border-mobile { border-bottom: 0 !important; } @media only screen and (max-width: 800px) { .mobile-only { display: table !important; mso-hide: none !important; } .newsGroup-border-mobile { border-bottom: 1px solid #C3C3C3 !important; } .desktop-only { display: none !important; mso-hide: all !important; } .container { width: 100% !important; min-width: 280px; } .content { padding: 0 5px; } .walkthrough-image { width: 100% !important; } .performer-title, .performer-content{ font-size: 6px !important; } .header-msg { font-size: 9px !important; } .pre-header { padding: 10px 20px !important; text-align: left !important; } .side-bar { display: none !important; width: 0 !important; max-width: 0 !important; height: 0 !important; max-height: 0 !important; opacity: 0 !important; } .line-breaker { display: block !important; } .responsive-img { width: 100% !important; } } </style> </head> <body style=3D"margin: 0 !important; padding: 0 !important;"> =20 <table lang=3D"x-pre-header" class=3D"pre-header" cellspacing=3D"0" cellp= adding=3D"0" border=3D"0" align=3D"center"> <tbody> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, sans-seri= f; font-size: 14px; color: #78766f; -webkit-text-size-adjust: none;"><span = style=3D"color: #78766f; font-size: 1px; display: none !important;"> BlackR= ock CEO calls for Social Security revamp; ranking AI's giants; PE at a cros= sroads in Mideast, North Africa </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;">March 24, 2026 &n= bsp; | <a href=3D"https://url6380.news.pitchbook.com/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzViDWkFY-2Fa= sK-2F5dSJB9nRThQQ3qpKz-2BsXSIGcYOuxd0Zg-3D-3DK73A_I3w5d9c01gkD8gLzFEofZR-2B= h6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jC= U7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o= 8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkI= ujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhOtRcmWhRFrX3v6XXqou3biScz0v-2BnE-2BbX3= dnWkEPRWHJaDwF8pMVTQoFMjOfv2y1E8aR76I6MXU8EhK4Hr9DQPDIvMceGJVN6vwSofdePKNeo= zRoI5xVeT3U0eZmsD33V9en-2BXN5br4RuEZPU3ZO-2F32MPfwr0ifjnoeHtnU6kffc0UFPelpN= 8La4CWMS1y7HqmO-2B-2FBm8Pe7S0-2FydnSYW2D3IwEYr34htbqrFhlNz2-2BCwyPzj-2Bzflr= Ixz7BJXzdadt3g3wQplK73NdGHcLsWcQw-3D" target=3D"_blank" style=3D"text-decor= ation: underline; color: #1D5080">Read online</a> | = <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrYCQ-2F7Wx1VdE7sYl12opJBSgX8wjgWQkjpY2yE70mtuFtQh5JMynEp-2= F-2B0ZsygXiW0dASWMAkXrIC3kg-2BeC0SuDoyGjKHmOSdfo63E0RLyaXhmtZcu9qypgyxWwak1= NhA0coLyWLpIGucErQpvbIjaXQ-3DVood_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmz= y-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h= 0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIva= UqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYi= s3RrRq5zUTNPRo7niUxYhCqe4JkX-2FExFWWrc0yb9RkbqLy5CwL53fAe-2F4RU3ogv9NwkXpLK= cXQ6QMeKhjGFqu-2BylBB4r-2FSwswg0Eh6pIoNIO5zTLLxBjrm6XMUZD6mY-2FMZU71AFgoGwA= pHUAmVws94aL8uiH0w7ZqBg766uJ-2B98p4NCZxF7HxbWEinKR7km7APAhSGWrrAwsToXfP356r= 6iNaT-2BVLWxNgngjMYJa96Z1ba1MYIp-2FyFxkkv-2FXoV2c8SEN-2FEIVcC7x7fSBzZzUR5Io= J0jbCAMyGuh2Vqg9fK4-3D" target=3D"_blank" style=3D"text-decoration: underli= ne; color: #1D5080">Manage your subscription</a></td> </tr> </tbody> </table></td> </tr> =20 <tr> <td style=3D"padding-bottom: 14px; text-align: center;"><a hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzViDWkFY-2FasK-2F5dSJB9nRThXXtH-2BzrUsSCsL4B8UU= VijA-3D-3D6gp3_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFV= a0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9= FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tO= vwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUx= YhCp09VRQwOIinX8VcLrKPT6IQGzKv1Z7eZzzpi32bTLUYjqk8M9PqhHRb446AH6Niyc9qpF6X1= wv-2BiRYVTtxhD8ZvymU0-2FrAgJKBMWp9I-2FV-2FLNevr0CH-2BLKcPtrPuEQckBPgoeljuQp= Hb4ORiq8GJSPnSNYMDLPl0LeGZdOQc6DiR3mnuEVQ-2Br2QsYuHgIQ6nA5w51cf3voIZvRibdlh= a6bVVOps5tEEHAPGYyk1vYuIx4-2F7-2Bt3lLI7GqfFYHt6hbYV4TlffbBN2JzrlW9Pj8PY-3D"= target=3D"_blank"> <img width=3D'1' height=3D'1' opacity: 0; style=3D'disp= lay:none !important; mso-hide: all;' src=3D'https://my.pitchbook.com/ms/pix= el?userId=3D3DABLZ54MOPJL5Q&eventSource=3D3DZQDXJQ6VUBAECQE7XY5D5PSLQI&emai= lId=3D3DTQ6CKBMFK5AKM&emailName=3D3D6H3WX3QH7CXEMMMBQSMFL245ZG625LDUYNYOD6M= 6QHVPV46EGQLU2DKV43QYFSZS&pixelPosition=3D3DUAZEVU3EPI6EYRHRSC2KEHCFHGQ6ZMZ= BKVWWKQA.gif'/><img src=3D"https://url6380.news.pitchbook.com/wf/open?upn= =3Du001.4Qe7VL981gyAPMxYoCz8CBKmv7adpoGoGfpUfNDzw-2FIUFPDY6owZNjRg8mspgm8j4= 1Z-2FnAdIjK-2FTz9lnlrd3d4YSuVisQiHHRAc5Nex49LuoDg-2Bx0fwLJgJXs1caXcg8bErlWP= Hb29vTKhcLgOpA3cc4PZ1XFU7-2Fq4SpVNz81IRfFvuT3kw-2BOf8choCd-2FXCv9AC-2FJWZjV= EpO6WW1UV1ae8kNLlFrWI30-2FpeZyN9zY-2Blvl5XHCfnXIF8iDwfN6CllSM33j2yibw03XNgz= Te9EZiH0uEnDmMcfDXPmD0dHiCnbV0FAR65s-2BrwpR06Zjlocb5S7XRqKcH1LfZc8QcZs2-2BF= eRw-2F5porvksUR0VO7qdfRbFoMQbT09BEFaFkJMEuDPBJsJTyjd9QsJmTFhzTpjiuefNXIURte= Zx5V-2Ff4K-2BuSCH9s6t0PhvzlLkwNcIpWiqJRXt-2FP0O2alLNXG9fQF4YSAc-2Bw2b3-2BaY= Zgih5reDJejOXfYax3iukanlbjgWtuA0DXDboUtUyZL2sIka74NVg9eHFyLWruz46KhbtchBmw-= 3D" alt=3D"" width=3D"1" height=3D"1" border=3D"0" style=3D"height:1px !imp= ortant;width:1px !important;border-width:0 !important;margin-top:0 !importa= nt;margin-bottom:0 !important;margin-right:0 !important;margin-left:0 !impo= rtant;padding-top:0 !important;padding-bottom:0 !important;padding-right:0 = !important;padding-left:0 !important;"/><img width=3D"141" height=3D"39" sr= c=3D"https://fonts.pitchbook.com/newsletter/pitchbook_morningstar_logo.png"= alt=3D"PitchBook"> </a></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto Serif, Ge= orgia, serif; font-size: 44px; font-weight: 500"><span>The Daily Pitch</spa= n></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 24px; font-weight: 300; padding-top: 9px;"><span>PE, = VC and M&A</span></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 14px; padding-top: 11px;"><span>Your edge on global p= rivate capital markets</span></td> </tr> <tr> <td height=3D"38" style=3D"padding: 0; line-height: 38px;">&nb= sp;</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-content" cellpadding=3D"0" cellspacing=3D"0" bor= der=3D"0" width=3D"100%" style=3D"min-width: 100%!important; width: 100%!im= portant;"> <tbody> <tr> =20 <td class=3D"content" width=3D"460" valign=3D"top" style=3D"ma= x-width: 460px; padding-left:5px; padding-right:5px;"> <table lang=3D"x-main-content" width=3D"100%" cellpadding=3D"= 0" cellspacing=3D"0" border=3D"0" align=3D"left" style=3D"min-width: 100%;"= > <tbody> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; 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-2BaqM7ONnvsnswouzViDWkFY-2FasK-2F5dSJB9nRThIEK-2FqTWfld-2FKQJla-2F4KAp= Q-3D-3DHfmZ_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m= 8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCp= vHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA= 9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhM= lnLjK4SoNA3rhBHVyLF-2F7bjQhQsDp95LzuLbUMd1RwzWilMC0UtFcc95dIoTQTRKvrzaIT9lz= jQesbl4RhuLPqnrz56Juor4shuYrwPllgCCmr27P51SM8CvXLKNF6795Mz6ilAVvmeYID-2BccM= wid5OdAknWequQsGe8LAsposKlAmu8mUQhgMXCTIaRLA1AmCnkjFq2cJD5LdbVRm6QnmYiNTDBu= V4aJ5sYaytDnfRAnLgdMwoJiNroEU7Zd34oIxCho0tRFcpykacULX8BI-3D"><img width=3D"= 460" src=3D"https://img.pitchbook.com/ads/ad4515/Svbventuredebt.jpg" alt=3D= "Ads" style=3D"padding: 0px; margin: 0px; border: 0px; display: block; widt= h: 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= =9A=A8 <b>AI companies with the weaker business fundamentals are trading at= the highest multiples, our data shows.</b> Databricks scores much higher i= n quality than OpenAI, for example, but its valuation is less than a fifth = of the latter=E2=80=99s. Read why in our <b><a href=3D"https://url6380.news= .pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn= vsnswouzViDWkFY-2FasK-2F5dSJB9nRThKzEdfljb5pYRYQdEIQZafg-3D-3DzoYc_I3w5d9c0= 1gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJ= gumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJa= bwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a= 6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhEJ1aN6JuPB7w1dNiQIWbX= yDGKCxUqIM0uQ5W10-2Bkjkqx4iEveG2ix-2Bt0iGro4-2F3tewup-2FtGEeu7tO8EMR86xW-2B= B6Spsmu-2FIrFlSCqmbVlEX9IJ-2F0jzN-2F-2FS3KaEh7WK0vJxXhxicQGnW8NiFeMOr4LrLvc= ZGfDMK3dSNH-2BmLtCKF-2FDli6x0bPYj5jpp-2BJIzsDS-2F38TlCCi04pV1UFvftOQVy1-2F3= 5sO1CgKQ6Uo-2FEdlG5U1A6b4OksSNJzJ7dJTgzPD-2Fcr5vWlViey3mirQGD58I-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Ranking the AI Giants ana= lyst note</a></b>.<br><br> =E2=80=A2 <b><a href=3D"https://url6380.news= .pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsns= wouzWVut7-2F5GZgpJcfMzTJfUavXBdowvfwsduY6EJB2RXA-2Bg-3D-3D8ykq_I3w5d9c01gkD= 8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumq= ezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJG= e4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-= 2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhFq1sTBiJrrhSTQ8-2Fv-2FGKu= qpXvL31h-2FssgKd4AsVbr9glcBNf3VaChssfv4BwuRB0lZSALvEF-2BLSKO3IrhUGjsApEmscG= JnePxUS-2BxO6ooK-2FwDEpBlTYbHaJjUoZiDg4qMRyr-2BckhNfwu0z4SH1zZwFoG5-2FZ2uiC= 2d09ZDxO438gJJQqzlytHizo73EHB8deWBvhcFOKvTpCd4OA67eb-2BucAonKnz7CoIq8-2FUp-= 2FR-2FJDzND79E9tqfhbwAMEgPNh4VUKwgLFLGYMgYng6EfVGWH8-3D" style=3D"color: #1= D5080;" test=3D"">Sign up for Capital Pool</a></b> to get weekly commentary= on what's driving LP decision-making.</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_578928" id=3D"n_578928" 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 sun is setting on private = debt's 'golden era' </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 = Kyle Walters, PE Research Analyst</i><br><br> Private credit's "golden era," supported by = floating-rate debt and anchored by the highest rate-hike cycle globally in = more than four decades, is coming to an end.<br><br> A yearslong period of PE-like performance ha= s fallen to mid-single-digit returns. That's unlikely to improve in the nea= r term, our latest <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJ= cfMzTJfUavG1zu2aEzv6bogjLbReW2Xw-3D-3DwuGe_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarH= kxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRm= FDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4= Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBi= gU5f-2BYis3RrRq5zUTNPRo7niUxYhOCKWHiFYG7aJn-2F7igMODsrdkf-2FtLa97R8yjv764pv= HH0VS6HSdHn3aVtUaszwAlPQWPHQvRQdiPo81DY9CsJUQopRHkA5PK3auy-2FSws6R4qa181LK7= 9It6h5zZEyUeakCy8aqRxnJ3fUDpMEZwYy7EqMaPSIyMVkmkJnH0uYZGMhU2zYzBtpptrltUh7s= x3SsObvuoh-2FNzSLCUrqxD0LmceoKxbbF6-2Fw2jTjj6wp475PpHkDL8oeJFADW3YNL483nsTk= fPqp9L7EkoJndahiQA-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tru= e">Global Private Debt Report</a></b> explains.<br><br> Fundraising is also under pressure. Retail i= nvestors have driven the growth in the asset class and, until recently, wer= e expected to power it in the coming years. Recent spikes in redemption req= uests show that evergreen funds may struggle to give individual investors t= he kind of liquidity that they demand.</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-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfUav2u-2BjI= c69Hmd6IhqsabNHwg-3D-3D8dFj_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t= 1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjV= pPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJP= xfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq= 5zUTNPRo7niUxYhCHajvsZY4TDraoy-2F3ogTR-2FrZdkMcBhYy9n5nMTRGTV6xpRSAHUdf4wGR= sXrKUgRe2g7vsFC5-2BzSHWr058-2BvWSz5NLnQ2AEuftCUhQCZ4GLdDaa3Q1MKvo4kQUnxbvt4= CoO4sCNocShdjWkzuhuQGIBdL6iqSGO-2B98C9G3jeOurLq-2Baat0IhhNLg9lK9YQZCTX0p9Vx= dXzEdVsX3iWx4t7rzlts5nq65gyPcHLw3UaW0-2FxvRYrhiz9os98luGds0bdyLw6vLWeFAVOai= 6FQuvFI-3D" universal=3D"true"> <img align=3D"center" alt=3D"" src=3D"https= ://img.pitchbook.com/news/73415.png" style=3D"border: none; width: 100%; he= ight: 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">Beyond= probing liquidity, investors are increasingly focused on the underlying qu= ality of portfolio companies, both in retail vehicles like nontraded BDCs a= nd traditional drawdown private debt funds.<br><br> Managers now carry an uneasy burden. Private= debt funds still have plenty of cash, but underwriting scrutiny has increa= sed. In this environment, GPs must lend selectively to high-quality compani= es and monitor portfolio risks closely.<br><br> Experienced managers are already repositioni= ng toward infrastructure debt buoyed by data center financing. Regulated ve= rticals like healthcare and financial services are likely next, where AI di= sruption creates opportunity rather than risk for incumbents.<br><br> The golden era rewarded anyone with floating= -rate exposure. What comes next rewards something harder to replicate.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfUav2u-2BjIc69Hmd6IhqsabNHwg-3D= -3DWw4d_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pzs= FZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8= CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEu= ZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhIpGYW= QDK9lBbJqG3I02OKkNytbNzCP-2Fkd9DfH-2B04PxFx6HUCSAE6h3mE62918-2FZB8X6E70lN4t= Gz3tqnll5-2F-2FurfjveiCNYqlySpVfinyUXYBb-2FO319-2Bzi9ekDdI-2FkpWu-2F9fck9tu= SGBDvBxcxhtL8ECOJu4X2B-2FFYyvcAlYIC41WNC3-2FLYEiADQF2z6wGZ-2F6JTjVNtbECBIO5= GwYKujXPdy5-2BFIzV3rySFksxXic63Edd91KzO22xntZpeRCEdc-2BVAH9M-2BLYa1fvSmJdNw= 2tY-3D" style=3D"font-family: Roboto, Arial, sans-serif; font-size: 18px; t= ext-decoration: none; color: black; padding-left: 3px" target=3D"_blank" un= iversal=3D"true">See what=E2=80=99s driving private debt's new era<img heig= ht=3D"24" src=3D"https://fonts.pitchbook.com/newsletter/arrow-right.png" st= yle=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 lang=3D"x-content-area" cellpadding=3D"0" = cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table lang=3D"x-content-area-main" cellpaddi= ng=3D"0" cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td valign=3D"top" align=3D"left" style=3D"pa= dding-bottom: 20px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;"><i>Related article:</= i> <b><a test style=3D"color: #1D5080;" href=3D"https://url6380.news.pitchb= ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou= zWVut7-2F5GZgpJcfMzTJfUavQJqYIt6upN7gqdec63mHEg-3D-3Dv7lL_I3w5d9c01gkD8gLzF= EofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJ= yDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2= BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5eb= e4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhBxcHf3iYAakHjYe6yQx3hbzwJWFqj4= 7z9ebHL-2ByaO2o-2FOFpasxum8osJN-2FLxAA-2FvU2mN7r6uLmVbtwot93FIIvjJhk-2FyHNA= fd-2B3XZ1W-2BdA6-2F0G6LUy1Z2dsjwr5q3p73L-2F2FwT1rUT1kVgHWRsoAeNDGxUctAWod1T= NBxdObP45RISD3hfdFDiu6VuJbYEXNzSZH1wud7VgmeCheOUVgrge3wap6CkBpJXjS70ZpBCFib= wZHQR3nRqM6-2FTXQEgJZ1pvCKsH1pUkcr-2BH-2BpOYUB4-3D" universal=3D"true">Febr= uary Wrap: Software slump drags leveraged loans to decade-worst start </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 Formidium</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_578796" id=3D"n_578796" 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;"> Shaping the future of K-1 deli= very: How AI is transforming fund tax filing </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table lang=3D"x-content-area" cellpadding=3D"0" = cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table lang=3D"x-content-area-main" cellpaddi= ng=3D"0" cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td valign=3D"top" align=3D"left" style=3D"pa= dding-bottom: 20px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;"> <table lang=3D"x-image" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" align=3D"right"> <tbody> <tr> <td align=3D"right"> <table cellpadding=3D"0" cellspacing=3D"0" bo= rder=3D"0" align=3D"right" style=3D"float: none; padding-left: 15px; "> <tbody> <tr> <td style=3D"text-align: right" align=3D"righ= t"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfUavoZ3kC53oiM-2F= 0YtbwTRlslg-3D-3DSl5h_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb= dWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGk= svZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2z= a1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNP= Ro7niUxYhKZWuxNTraM3Zl8k9YqLNA06hOHQMRK-2B8sjpql6vMYv8N5ltnhsoXQN-2BZd774TX= T85QKrrlWegFGswE0gL-2FlOSqABAn7qrcqoxez2hTwKhB7f3-2FNKfXYtQBX1aUgC1tJ0wUCY5= Hf-2FEg-2BzIu4mI7HMFQbgmS9ldhiuHEkoTQhPvG19GxYG7mqdBtKNC0oIFcK7rLXKbzrBocMT= hFa4OJzfHE6vNZfphhk3MYWi6KDz-2BVAexEKRafm4LoClQLHtkSO-2BjgSzP4rUM7UFQFnbLZa= RWw-3D"> <img src=3D"https://img.pitchbook.com/news/73330.png" align=3D"ce= nter" alt=3D"" style=3D"border: none; width: 100%; height: auto;"> </a></t= d> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= ></td> </tr> </tbody> </table></td> </tr> </tbody> </table> Preparing partnership tax returns fo= r investment funds is becoming more complex. Disconnected data sources, man= ual K1/K3/1065/1120 form preparations, and last-minute reconciliations acro= ss entities often create operational pressure for tax teams. <br><br> As fund structures scale and LP bases divers= ify, many managers are exploring how technology can support tax workflows w= ithout removing CPA oversight. AI-enabled platforms can help automate high-= volume tasks such as data extraction, classification, and reconciliation wh= ile preserving professional review for allocation logic and compliance deci= sions. <br><br> Formidium has applied this approach across n= early 1,000 partnership returns processed annually within a SOC 2-certified= environment. <br><br><a test style=3D"color: #1D5080;" href=3D"https://url= 6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq= M7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfUavoZ3kC53oiM-2F0YtbwTRlslg-3D-3D6WQl_I3w= 5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe= 7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViI= GZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGC= IQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhI2So8U1XSyaa2H2N= ehoAaBxH4LNyUe5Yq-2FPuRqa4dm37tz-2FZRl67Hj-2Fa-2BHglZH3G7z639mzvcSNq5CM2Y6i= 9bHZ9lkik6TGKuntEKJooQru885IdrXftq-2BtUgU6wz0puZZozma4JGfh9m2YtuVrJdm9iHkSy= a3JuP-2BZJ1icsxzuyvPtE4Rho-2FJ-2B06bxFUmHpwEgQKAVBFOF8KTtMdiXv-2B7mgahbZnAg= xdGOBHvK6FlZz681oTtkfV-2FDUh1PawwBF4ZmQXigIOD34ydX6cZgBJ8-3D">A deeper anal= ysis of this model is available in the white paper</a> <br><br><a test styl= e=3D"color: #1D5080;" href=3D"https://url6380.news.pitchbook.com/ls/click?u= pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJf= UavcL3tXNYNvEIcV0uF4rYYgA-3D-3DTflb_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCf= mzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl= 4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkI= vaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2B= Yis3RrRq5zUTNPRo7niUxYhGI-2Fs8-2Fauw8Aye4TSfUfW65mO8DbsUOjukGq-2FBclIQ61GuS= zJplk6BUPq2Pmvitu6VY0Ziw7XPcxHYMoQkAWUEQGpEgmjUr7g9cLbILrJo6l41-2FhSncxhvIY= 6dGOJHelbIPWnTEljr00vnSR9j8y-2BWC7KZckdHAwMhRFaUOe59Ba6CoTPMs3FHVO-2B7uG3F3= l7y84AgKrS-2BkkLaZPGmQVNtF2NiUfB8StBKtM7swyohHHjLLdsO3XY2ccHYvLE7-2BKKF67J5= MCaCNsaDTWixReDMg-3D">You can also watch a short overview</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>BlackRock's CEO called for a Social Security revamp</b> and warned t= hat AI could accelerate wealth disparities, in a letter to investors releas= ed Monday. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfUa= v1f-2BqYLr4IFB-2BVoI1RoEEZQ-3D-3D3mNc_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRF= Cfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoor= dl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4F= kIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-= 2BYis3RrRq5zUTNPRo7niUxYhFmXtwTRcQ1iZgertLylhuIIj6AEknmTOwvvLralwArpl-2B89d= 3xEcwu6lvYlRwWBdDlCcouJGHd2s9GsMPRnFmohnl4hYGRBIC25QCD5ByLXCLOU5M6JskZEk-2F= GMDwiald23oiCKQEa-2FL-2BfnsDi6AwBz-2FNTyjYcJsxhI0lz80HnkMJawUCi3rStDYy4vQJL= zbpaEsI3V1E1jB9ArSoh3Je5NMSpXBn5MzLsdqmAPEMLOn04-2BKu9wq0jLjQOtq3xtB7BaOtNM= ZBVXaCTyus9EolA-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">= <b>Read the details</b></a><br><br> =E2=80=A2 <b>See which PE investor closed th= e most deals last year</b>, with 342, and which VC firm was the busiest wit= h 433 in our interactive <a href=3D"https://url6380.news.pitchbook.com/uni/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZ= gpJcfMzTJfUav5tpakeBubebtpU2Pa7sUhA-3D-3DhLgA_I3w5d9c01gkD8gLzFEofZR-2Bh6Vw= arHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QM= fRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZ= Wf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFe= tBigU5f-2BYis3RrRq5zUTNPRo7niUxYhGrnx0vmnizy9QMCtD5QZNui3WdLHNF-2Bg-2FedDKD= hvZTU1Bb0RjeS5sLih-2BHJzGthPn7RIlIPcS71E7D090JxEKxVc20Ng1LDeicIirhCDGE20I0g= 3YAD5382SJ8iDxmuIeIkLdlv62KLTEkqpTUOvOiBkumwa38OcqAH9MKFNqQurJIIdQY1ZWh64Xr= AKDQZ4M1nf3Rnqee7X9MBFZTIVrfVdh0r90BJIaFICVDFOWX2RMUMEVKHaOj7pASiN-2FIBuvwn= tzMEvacf9kanXpjQDmU-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tr= ue"><b>Global League Tables</b></a> for 2025. We rank the top investors, ad= visers and more across the full range of private market activity.<br><br> =E2=80=A2 <b>Private credit secondaries will= likely become a buyer's market</b> in the coming months as funds turn to s= econdary sales to add liquidity in the face of surging redemption requests.= <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7= 3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfUavCnlT-2BPvvJ= q4MfgkEtAaLnQ-3D-3DQcyX_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb= cbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPw= GksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL= 2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUT= NPRo7niUxYhHxSJAtEEnH5-2FQWYeFg-2FvE8fNdZgUdQtycZG7V-2BFbwIEXj7Tmc0DtUMYUgN= JGflTSvOIyybc60cxliSxJxkdGRpVm2vLWxIt9ydJgcaw50sv-2F0BI5nI12ZgThq9CAB3GVehI= p843jC-2BfRQIUDhGAY-2BsyagsNGpLilvxNJ7WoS-2BDGFztf2n4Es1tshJdXfbilmWZXxsd7i= KEey4zAYgDvFdV6jwJUzx-2F-2By9CoGHCsFtguJGYDK72Rjudjn-2F4GBvBK-2Bkz3nCn-2B3Y= dh76eBL0MRzDc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b= >Read more</b></a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </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_578921" id=3D"n_578921" 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;"> MENA PE faces reckoning as Ira= n conflict endangers overseas appetite </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>By = Emily Lai, Private Equity Reporter</i><br><br> PE dealmaking in the Middle East and North A= frica hit a record last year. But the core growth driver, foreign investmen= t, could be tempered by uncertainty over the war in Iran.<br><br> Overall, the region saw more than $22 billio= n invested in 2025, increasing 28.3% from the previous year, according to P= itchBook's <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up= n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWVut7-2F5GZgpJcfMzTJfU= av0CnEvvaVwct03ywgxGJMHQ-3D-3Dk7Jr_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfm= zy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4= h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIv= aUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BY= is3RrRq5zUTNPRo7niUxYhBM8u4nhvCcABjJrLMnnDIdOQmHFIVPwlVB7AwuHi-2Bp2oX2JvJfh= bwcNvmWaaQQjML9aa-2BVcXJCiEfODZ-2F1qccSJqtk6sfHhpJjZf-2FEmp1K6XAKdbwM1ZDj5a= fBjCW0TDRwiZNkMroL2Ahhb5YQzTPy4oTi-2FfAiH5yV3GvoLjwI9kCd4LPsV6QzDtCSHujpESD= DuNlJReWyWnzwEsGg5rnvmrpUWQhg3xNI05KJSXQIFgaN3uOPpwYi3WKYg4RbltBeobaSfXN3uY= Fsg813HdLI-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">H2 20= 25 MENA Private Capital Breakdown</a></b>. This is the fourth consecutive y= ear of growth for value in the region. Deal count also rose 8.7% last year = to a record 199 transactions.<br><br> While governments regularly prioritize domes= tic investments, overseas capital remains a key pillar for the development = of private markets.</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-2BaqM7ONnvsnswouzWipCM6HitV8kqw50ei5wmUmbKJgh3UU= IU9Z0Xa8-2BU53w-3D-3DQetg_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpP= PwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxf= TL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5z= UTNPRo7niUxYhLuK0xqpqnQUsVkLPW9gQBye2aKjrBV91u3IJSGOeHB-2BdIwc-2BXm5mn8eHBz= sa1Ws4eD0O9xP1I35bgAGVzhkab-2Fa9qVkdq4dB4hU-2FtfpJTj7gdb5lD6ewgcUaAOhd5uwBN= R3JcEEH1agDgtK7mdXjoAtwF0nBRSDL2e4UEMMxFLqAPYwep95y4N0lu52XUTVCLOSma0W3vJyl= EnLuFOmJLEkESbqnX04LTpI1JV2QZhqKK9E2-2BjOwNk-2F4V8m6kiw9WGDoeiEc366omEp4MJ2= DtY-3D" universal=3D"true"> <img align=3D"center" alt=3D"" src=3D"https://i= mg.pitchbook.com/news/73406.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">Cross-= border deals accounted for almost 70% of all PE deal value in the region in= 2025, a level not seen since 2016. Foreign investors participated in =E2= =82=AC15.5 billion of investments across 112 deals last year.<br><br> While there has been clear evidence of growi= ng interest in the asset class, the conflict in Iran has cast doubt on the = longevity of foreign investors' appetite.<br><br> President Donald Trump's announcement of a f= ive-day ceasefire for military strikes on Iranian power plants and energy i= nfrastructure signals that the conflict may be de-escalating, but continued= uncertainty in the region may cause deals to be pushed out or cancelled as= investors adopt a "wait and see" approach.<br><br> Governments in the region well understand th= e importance of foreign investment, and several MENA nations have been taki= ng steps to attract more international capital into their local markets.<br= ><br> Saudi Arabia removed its Qualified Foreign I= nvestor regime in February, allowing all foreign investors to directly buy = Saudi-listed equities through licensed local intermediaries without QFI sta= tus.<br><br> The benefits were expected to spill over int= o the private markets, as deeper liquidity makes larger IPOs easier to exec= ute and public exits more viable.<br><br> The United Arab Emirates also launched its N= ational Investment Fund in November to encourage incoming FDI through incen= tive-based financial packages to support the implementation of the UAE Nati= onal Investment Strategy 2031.<br><br> It remains to be seen if the political uncer= tainty will jeopardize these government efforts.<br><br> Some notable deals last year include KKR=E2= =80=98s $5 billion investment in Dubai-based data center operator Gulf Data= Hub in January. Permira and Blackstone also invested $525 million in Dubai= -based property portal Property Finder in September.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzWipCM6HitV8kqw50ei5wmUmbKJgh3UUIU9Z0Xa8-2BU53w-3D-3= DPR7z_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZ= U8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8Cq= DdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZc= ugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhOUhsfMF= dLySCovS4peAmG8m933vBoYoNdwbi0rV0jl3xI1dO1kFGU60-2BFONuCXhzzLjLSIZl8D6WtCT-= 2FGzX5plBR6ztp-2FIuq1TfuvZmSQSSwsm-2FtKeqq2wwBAeiujPwYppST6UNs-2B06lnC-2Bx-= 2BaoYhNj0-2F8ya8Rf4AfKznF4-2FcMiNbDU1mF3GhYunYSECIViLx-2FVW-2FGlggVLYWM7KZ4= 06HVBOw7XKY5jIkBdTicyl5G-2ByNzkF-2FT1zbojw54yk273FxjADhQDJZeppQlVAqlWu3M-3D= " style=3D"font-family: Roboto, Arial, sans-serif; font-size: 18px; text-de= coration: none; color: black; padding-left: 3px" target=3D"_blank" universa= l=3D"true">Share this article<img height=3D"24" src=3D"https://fonts.pitchb= ook.com/newsletter/arrow-right.png" style=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-2BaqM7ONnvsnswouzWipCM6HitV8kqw5= 0ei5wmUEZpaIaNUu7a-2BjLJR64q5Lg-3D-3Df4eh_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHk= xBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmF= Doordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4I= nn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBig= U5f-2BYis3RrRq5zUTNPRo7niUxYhDTdVE3761Y7ceFwef69Io4cfiK42Z5lXRjKOaYWS8pi9JZ= pBTodbiwQPmrmmrM18t-2BuVmNH8DGpPwh2UPM187sLWVT76DXuIFRIdGEs6r8zsUpZ-2BCZeS5= PSiHfIXg9r2AH52-2FI-2BCmRxox58J70-2B-2BnLEryQzYUVVUtB2B68OGoEsh4nhpNmbyFqQT= 3DMcXjISN6feWYpYNHTzvWgkhSxhBM1-2BVUoDyMHz1yPbKIAbzYGcyVq8etvwL6p7o142XuXTH= saaJDNoyBBOWy-2B8ic-2Fu2g-3D" style=3D"color: #1D5080;" test=3D"" universal= =3D"true">War puts Middle East and North Africa=E2=80=99s fragile VC recove= ry in danger</a></b></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Side Letters</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Sma= rt reads that caught our eye.</i><br><br> =E2=80=A2 <b>There's a quality gap between A= merican and Chinese open source models.</b> Theory Ventures' Tomasz Tunguz = comments on the open model ecosystem empowering startups. [<a href=3D"https= ://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzWipCM6HitV8kqw50ei5wmUG65pYUJvEahz9XeIZI-2BK0g-3D-3DTKo-= _I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKl= zNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsy= vViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6= MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhLE4vCaWIQrOy= tBGEwASnFdMhQk-2BzaGIKjdP2fCByGpSdfXSbmIUrGFL6rJi0hl6vljMsVd5u4jIGdrDjvzN56= 83SR-2BPCNvnmdIqMy2baDpbMxlkqdALChhyJhGGzbweRWfV6DzYPzFecaxrU1xca72RtJIyrCH= pUoRupFl-2FQXHTDYMlkcsg35r4BsNjexgOjU1isBIP-2FEHhl65F4DftCNY8y-2BIqq8FpHbxe= QZpmV2uMtKbRjmaQ6BQfBuKzGr5fAenJaq54Coykwzz5barCZVQ-3D" style=3D"color: #1D= 5080;" test=3D"">Tomasz Tunguz</a>]<br><br> =E2=80=A2 <b>America's air-travel system can= 't get a break.</b> A budget standoff in Congress, rising jet fuel prices, = ICE agent presence at security and now a runway collision at LaGuardia are = putting strain on air travel. [<a href=3D"https://url6380.news.pitchbook.co= m/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWipCM6Hit= V8kqw50ei5wmUPPPN5h5Bj97eFIwAwiykKA-3D-3DqlRj_I3w5d9c01gkD8gLzFEofZR-2Bh6Vw= arHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QM= fRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZ= Wf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFe= tBigU5f-2BYis3RrRq5zUTNPRo7niUxYhNnM0-2FfwflcN-2FLAvLZ0kl5qRM-2F1ud-2BOSDZ4= H9Gzdko-2FeKZwC1bqNyf5kMaQGYmZ-2Fc9frPrxz-2FerL4ZuEO6BL8A2IOJ7rj-2B1rTcC4SA= W68pkE02d6n15RLc-2F40gl-2FUiK-2FNzmllRiIM079bJbizyFeiM2iaYHl-2Bmas4rEEShzyW= poOUhCyHN8iQ4LJJ6syyaYBPqob1D4I4Yw9F7wAX1b85fr7ViZkTMd7lYpVbvmuBdkFCap9QnZO= Yz-2BqU8uX1Fl70X-2BTs1CP0yCNi775Zh1tkjs-3D" style=3D"color: #1D5080;" test= =3D"">Reuters</a>]<br><br> =E2=80=A2 <b>Mistral's CEO is calling for Eu= rope to impose a revenue-based levy on AI companies</b>, compensating creat= ors and ending the legal gray zone around training data. [<a href=3D"https:= //url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa= -2BaqM7ONnvsnswouzWipCM6HitV8kqw50ei5wmUFHZ2bW146ahN02xVsH-2FTrA-3D-3Dm0YL_= I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlz= NTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyv= ViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6M= BGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhCS2ADOF18QnHN= VsYJJFvNRXsh0z3U-2Bvu0FNjsXCdc5DsZoguHjCEHLF-2BW46WT159TjpkSj-2FYp98qEl-2FH= E7z3B8h-2B0L3QK8mvYBC3AYOpKCnvIrytgNWG2oiaAJ0Da4VMoBvMydf4u3ju5kjOOhVliJZdJ= FSMH9yIXGGzxGx6iX3Up5rN4jLgsVwQeCghag-2BsRzroZ7gzYbPxCxBkA81if0QLAHIqtcO29x= QwvH6cUIdge-2F2ajuYjr1o-2Fy8uzwFPa45u0rI6fTNc5QG9l-2Bae1EI-3D" style=3D"col= or: #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-2BaqM7ONnvsnswouzWipCM6HitV8kqw50ei5wmUd2U1iL-2BkGDp9IPBbcDGuXQ-3D-3Da= qbF_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8= nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDd= jsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcug= ZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhGODoA5ZRf= 9c6pmJYt5NjRA4ZCM981oxEd3QD4APZprg1ZY317xw9Xd67rDFU3I-2FfqF6lRLqgibOuYosK2L= pXswXi0Kz5vzemssVCv5AGypB9LDKTey-2Bqza47YMblI-2BDUkwmMEnBxfxF7gLpLNU80YackO= RctfsH7bbq3chYKFCsXSi5y01oxtpRnnv-2F4M8LFxX14jlKxJiA2ky-2FMN7hPcYlimfLBZ-2F= eL8KIRx-2FaPOYKZJ3dJEiUNLOhX9RN3VqAS93Y2dHIy-2BSsEeR-2BFhH-2FaqM-3D"><img w= idth=3D"460" src=3D"https://img.pitchbook.com/ads/ad4501/Monroecapjan.jpg" = alt=3D"Ads" style=3D"padding: 0px; margin: 0px; border: 0px; display: block= ; width: 100%; height: auto;"></a></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-counts" cellpadding=3D"0" cellspacing=3D= "0" border=3D"0" width=3D"100%" style=3D"background-color: #051C38; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 5px; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-counts-title" cellpadding=3D"0" cell= spacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td align=3D"center" style=3D"font-family: Roboto,= Arial, sans-serif; font-weight: 700; font-size: 14px; line-height: 27px;= color: white; padding-top: 26px; padding-bottom: 37.3px; white-space: nowr= ap;">Since yesterday, the PitchBook Platform added:</td> </tr> <tr> <td> <table lang=3D"x-counts-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%; t= able-layout: fixed;"> <tbody> <tr> <td style=3D"display: inline-block; width: 25%= ; min-width: 25%; text-align: center; flo= at: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 559 </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;"> 2241 </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;"> 1181 </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-2BaqM7ONnvsnswouzWipCM6HitV8kqw50ei5wmUqsnyOfCjLf8DjvfKYsPXnQ-3D-3DtGx= a_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nK= lzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjs= yvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV= 6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhNmV3Mx1ergR= 0P7ruyOQAaTDOs5vq3ELzYKSM4w5ALnLMKsk4ZuNUWKVxRlBSfRlito3mdI6fI3GuZ5XEppAX6J= HOLh9cYkjQWmfJUI-2BoYluW3N7S4GV3fkUpTvd2XzzJN7XpTyWhjO2xvV8-2BCAstVKbcCLgrJ= 9n-2BkZi6sG1P7p4O3FhfrDQm-2FuDkBdv1naauHWMW8SIeqPDdn6jFBRJWDsT2af5Z-2B-2B9M= ILpFdtPngHtE-2Bg97OcsSbs81Ydc-2B-2BAEVEmHx9SInQ79Gsdv6lS3SvU-3D" target=3D"= _blank" style=3D"display: block; font-family: Robo= to, Arial, sans-serif; font-size: 12px; color: #000000; text-decoration: = none; line-height: 24px= ; text-align: cente= r; padding: 9.5px 21= .5px; border-radius: 99= 9px; background-color:= #F79B3E; width: 150px; mso-hide: all;"> = Request a free trial </a> </td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;"= ></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </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_578975" id=3D"n_578975" 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: 2015 Vint= age European VC Funds </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table cellpadding=3D"0" cellspacing=3D"0" lang= =3D"x-benchmark" style=3D"font-size: 16px; color: #78766F; padding-bottom: = 10px; min-width: 100%;" width=3D"100%"> <tbody> <tr> <td style=3D"font-size: 16px; font-weight: 700= ; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1= 0px;">Median IRR</td> </tr> <tr> <td style=3D"padding: 0 0 20px 0;"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 64.53048509123276%; mi= n-width: 64.53048509123276%; max-width: 64.53048509123276%; 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">14.50%</td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"font-size: 16px; font-weight: 700= ; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1= 0px;">Top Quartile IRR</td> </tr> <tr> <td style=3D"padding: 0 0 12px 0;"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 100%; min-width: 100%;= max-width: 100%; background-color: #40C2C9;"> <tbody> <tr> <td align=3D"right" style=3D"padding: 0 4px 0= 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,= sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">22.47%</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;"> 0.86x </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= swouzWipCM6HitV8kqw50ei5wmUw-2FCpa-2BihjgIZBPNTqtPkkg-3D-3DOdFB_I3w5d9c01gk= D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgum= qezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJ= Ge4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY= -2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhASp6CxKMGgMBg9Tb1oo8iaPy= HLIloIAN5yORpIxzYwBvhShMdPwyjjyWTyfaNyEyfj48O3epqYgPYKvXXIIs2b1injzsP-2BNFX= MlBbfo-2F6-2BafWQSSqt9cRFIfNGFzfCi-2Fa3TneUsw7tmjQuonIgl7J-2Ffaqn0zoMtz0moC= X-2BhVMe7JfnhUnOSntS2oEyQe03pePyV5PlSVCxdgaTNYnvP2xauPfU9WtGmxMuVXxG0bgQKB7= F-2BMtGCbeaL4yC3DrLM87TrYbbHRi7bELS5SwGQhZ4-3D" style=3D"font-size: 14px; l= ine-height: 24px; color: #1D5080;" universal=3D"true">Index Ventures Growth= III </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= swouzWipCM6HitV8kqw50ei5wmUaOu9O4VhbnUlgUnB9EzWJQ-3D-3D-DNt_I3w5d9c01gkD8gL= zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezP= zJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F= -2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5= ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhCix8-2BBtof6BlLPJhqmqkYNQ416= DSBMdPotHQIdBIr1wy0C0F-2F1engBML4tXXeYR9zSruFFNKzUMt-2BNPNjcDjY5VOMn-2BJlZj= CFbdvGEVIEUz-2BxO3ZnAWtyc1Tmh04pOVACD-2F9G-2FKEvGg-2Bi-2F4kez6STgtJpL-2BdyD= Fb-2ByNSlfhP2cJA1zsXZKG1-2B4mpxtE9gTcKZNltVPnyLcVSa8SpSsE8ADAwyd0raaLNEyDF5= IKabXwOactPkuUcuizZ9vxvVKM-2BJedMDk0JeIN29N4Vwi4uLA-3D" style=3D"font-size:= 14px; line-height: 24px; color: #1D5080;" universal=3D"true">360 Square </= 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= swouzWipCM6HitV8kqw50ei5wmUUX7W5DrhCI6H-2FfAADBbfdg-3D-3DQ_mQ_I3w5d9c01gkD8= gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqe= zPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe= 4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2= F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhKLaTfgHjWXqXtewzXO45wtlTOg= bEzv8QucMMiGr1CyOYGYvkk0dROq7liYaMX1dWbtSaHIBwk9v0NTv0NvrbAtpdZoM1IYzlUvdjv= cORl-2BZKbBCrT2t-2BGT06U01EmuzL6rIfqv81CWBMrYoHSIRKtxR4PC74KLUsBUx3GE9479nN= PQD4LRVhE-2B7wX0NIPkwcgJ1q4H6tR4ktipsH54WQ5t9wqn28uk7jHygGwy0VaYzxDj-2Fzr3O= RqLMW0B-2BLHOhyiq8nkAVYfR8ZKDQTTk1xX0-3D" style=3D"font-size: 14px; line-he= ight: 24px; color: #1D5080;" universal=3D"true">Pi Labs Fund I </a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"font-size: 14px; color: #78766F; = padding: 25px 0 5px 5px; font-family: Roboto, Arial, sans-serif;">*IRR: net of fees</td> </tr> <tr> <td style=3D"color: #1D5080; padding: 25px 0 2= 0px 0;"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0= 01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYex8Vla= h6KZtpbE7uPyExhhWg-3D-3D41zG_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3= t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWj= VpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJ= PxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrR= q5zUTNPRo7niUxYhHyTrczRW8hn8Znry8OHgN4BG-2F8B0Gsl6ynNfrv5mU2yngbZoHNpng625n= UF1XGzq3txio29-2Fv-2FvaDfEDESU8mSw2DW8s6Nly2xxleeFpItfoiRMjN9cn6iQ7UxkiOnti= ZTeBIBao8molFR4QLZ9yCi6yf83TiodxANMlqEQ1pUE2LTd-2B0-2BAAJi-2FH1sRebuhKknkX9= wmLFTRx2uakdaPtuiubSnGwylVTHJ8Us3ggRyjwRM6ZUOy4b3LJLpYhjyGMM0XByqUIseD13bbe= Ps6sqo-3D" style=3D"font-family: Roboto, Arial, sans-serif; color: #1D5080;= font-size: 14px; font-weight: 700; line-height: 24px;" universal=3D"true">= 20 Funds in Benchmark =C2=BB </a></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Check = out the latest version of <b><a href=3D"https://url6380.news.pitchbook.com/= uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt= 7gb-2FUu8KeRyLYexC5yS7-2BvAorA8AfZmkLUVdA-3D-3D3IXn_I3w5d9c01gkD8gLzFEofZR-= 2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1= jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp= 0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQ= kIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhHPo7fcBjvAV6UMvXn-2BFyA4WBui-2B4bJfS= VeIxa1ydx86BoS5lCBM5gRiyLtNJ9mkANaUmAHsycN2MYr2gIpAJpVjwdDr4h6IwOLltFb5EIad= 0zkHL3HtvKO1-2FSKN2AlWb3CxzG2oxvIE9m-2BYP7d4CLnqC3Baz6BMNqBHXxNySq1rHxPJtuz= DtRzq3DTcBTT6Fom6wPSxRi92AhuwVgIGAZ6zhL3G17UL-2FmUI6JTnwUd5n795yFJktVB4yXf0= w9838D5SHWunVnysPufm-2F8zGGf8-3D" style=3D"color: #1D5080;" test=3D"" unive= rsal=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-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYexy3cMnrWjbpJSzsj5aq2maw-3D-3Dk= hQZ_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8= nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDd= jsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcug= ZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhNwbeE82j5= SuGaYXZSGHBGKhr9sfsmayC04cfhbKTywU1T6EywfjIZ25qG-2BHT7fR6dq-2FDZ8V8z6xez3Sb= GjEucL3tXl0jLZ7ZWApiDxNbEIqTZySt1JYiyjDauhnZXyBmy649-2BioIeWkt9hDZ-2BuCrmN8= 3NQl9qXOoAgtgkOxyw6c1AjPku72MXEqEIavEmku-2B2OhmiJjmFrTUOJ5ymNxuP8CvP4QcoIwM= 7goHrjqz4FOOqSjCh52pWVvsW8Y9XfO-2FrBx3sLwhqewO7coxLCEDfQ-3D"><img width=3D"= 460" src=3D"https://img.pitchbook.com/ads/ad4498/Churchillhbamarch2.png" al= t=3D"Ads" style=3D"padding: 0px; margin: 0px; border: 0px; display: block; = width: 100%; height: auto;"></a></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>A message from PitchBook</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_578897" id=3D"n_578897" style=3D"font-size: 0; text-decoration: non= e;"></a>=20 <table lang=3D"x-news-group-title" cellpadding=3D= "0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;= "> <tbody> <tr> <td><span class=3D"outlook-caption-override" s= tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s= erif; font-weight= : 500; font-size: 20px; line-height: 26px;"> Put your brand in front of the= private market professionals who matter most </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">PitchB= ook helps companies reach investors, executives, and dealmakers through hig= h-impact advertising and bespoke research. Partner with our analysts to cre= ate data-driven content or connect with our audience through targeted place= ments across newsletters, reports, and PitchBook.com.<br><br> Clear insights. Trusted data. Meaningful rea= ch.<br><br><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYexsw15j= q8r2I9hUDQIJZparw-3D-3D-RLZ_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t= 1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjV= pPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJP= xfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq= 5zUTNPRo7niUxYhHTIUV7K07iiiazbxDMSfwaeywlouY3QA4-2Baivj1gFE2vXUqL7IHGOZMyxz= ajgCqrkax-2BI-2FsqnXWvmxYgNDvgBPmB2rcjbSkNZxhyltvKZkNymS94ieaM7UTg4DmCMCnCc= FakAygZvJbYD0BUfK-2B6xfHheE6Xcs5-2BewTZwm11ACuaCPY-2F9sXoaZ2Fvl43I1fmmEPc4z= zyfyJ7RAjNOie52USZO8kTmrITT3wnST42r7Ce8XFAxK7Pr-2BLJyWMeNpLYK-2BP1bMLExEhcz= vT8cdxlQI-3D" style=3D"color: #1D5080;" test=3D"">Explore advertising and c= ustom research opportunities</a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>People</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYextKU4Y2Vhf4LRCJ-2FS= yeE-2FVQ-3D-3Dqko8_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWe= UgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZ= u4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1n= k0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7= niUxYhHthqm2pbWMjeXeDZM54S6o9oakfGo4E6vwqDdyKAnJQdBGJxJOI8f8QbZG6tPvnlRy7Y4= BVYiQte7jcXAryxdFhTNmymcwftNIDu6r2ebP9y8rpAYkL90NNJ-2FZLRKbNn2uKfKy1U8vGM2A= rcnibhwSIDfPmB-2FsohdcTK2Zf1suAtkiLrjqC2nnqXWXG7VDxbGsq62b9spiCpzkST-2F4Eh-= 2FlzbecLE0huHsM5Vj4amC2-2FAnldjud-2FL4Yr8qh1Ta0bqr4kAnAb1vedTMCPI6hFL5U-3D"= style=3D"color: #1D5080;" test=3D"" universal=3D"true">ECI Partners</a> ap= pointed <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYe= xtkWvQfdC0xYbI-2F1-2FP-2FWVGA-3D-3DwAJC_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB= RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDo= ordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn= 4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5= f-2BYis3RrRq5zUTNPRo7niUxYhAP8hG1HBtjiPV4jBKWJ4zDi0hS4CDLluij3WTvqs7x9HtAfd= jj5B8s6kfVRPzXJAOMxNsp1HkTl0QejTH3tQe1PFtPI0cLLmaFUp-2BihjYxF1ylemuPoW-2BiU= lXp42ZRhzxYaKLxM6n-2FihLwg85vZvHy-2BM3Twj0ZRcbDE5L1yxtPlbgeoDOlBvhKCisTzj05= XIPVGsSm85TjCA45eTfryYIxD1h6AJtqmZ0lf5rA-2BSZ-2Bxbx0Byr3j-2Baz0-2B-2BK427-2= BINhoIzqwb3wjPOIjZ8B9Suys-3D" style=3D"color: #1D5080;" test=3D"" universal= =3D"true">David Danon</a></b> as a partner in the investment team.<br><br><= a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYexzMHcS0FUR3mCA= vx4552EkQ-3D-3DdGkk_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdW= eUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksv= Zu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1= nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo= 7niUxYhBw4QUsRcf0i7n6U58riMuZm54qhAbUD-2Bz2cwC5SsIL9GwlwlL43kpATIkme4cylO8M= VNoS3FsXCHFQI6ZlTTw6os3I8KKIujVvakGhIHQr9V8RcKXCAOrCcJdQIJRvKk5EW9R5osNRt9P= uKqaoVzhrxWhhLEFieEyEIxMcWSloVnLGJiBg-2FGf9EupoT2IIQcNbuGeGHYJy44rDVs0UqyRk= J1c-2FPR0oy0FbNXDNJLXfJpdMo014zmnn6qRPGkvV4hKgtoJWUH-2FOejA8ndTjgzBY-3D" st= yle=3D"color: #1D5080;" test=3D"" universal=3D"true">HSBC Asset Management<= /a> appointed <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click= ?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeR= yLYexmQy1LByK5hYIaEn7kQ-2FDsQ-3D-3DH_ON_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB= RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDo= ordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn= 4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5= f-2BYis3RrRq5zUTNPRo7niUxYhNBtug7rzZqJqxgl47JylxjMxcMkY4PACpyI-2Bn87lmp18nb= TSNxmcDHiJ-2BPasl3K6o1gVaX3xioBJqDEI2-2FXrFs-2FfWcTXTK1Jjz2aKIiFgJCr1-2FVYF= Ok8ytmiSRRrwvRkD7uVNO9d46n074mbSVV9Hskw9logpGzAklziqoVV72JmrFwS7PR0vudY-2By= XWvAO8kOjWiLALXGg7oVecKifz5yH069C8NA5TVU-2BfIqxi5GLO0O1rJxrXI6kg2-2Fsicf6hd= oFH3U3Gdn7De-2FdWdiZrYE-3D" style=3D"color: #1D5080;" test=3D"" universal= =3D"true">Thorsten Michalik</a></b> as CEO of its alternatives business, fr= om April 1, succeeding <a href=3D"https://url6380.news.pitchbook.com/uni/ls= /click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2F= Uu8KeRyLYexd7cQvXlRRcksNWLLgWAMpQ-3D-3DoGv9_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwar= HkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfR= mFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf= 4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetB= igU5f-2BYis3RrRq5zUTNPRo7niUxYhPLdoZQZS8MmLx3-2BfCR-2FlICTIlUNyAz8HdZFGEtcf= yOnz0sKn-2B4AwM8xkbDFC8QZGKP1Qwc-2F0DwX-2BVWPSgZUx2DAXunaO6OwPlrZ12ADEnGpyS= YCXmCdoN5E76qr3rKHz6cs4nTMA-2BLWtpVwOxEeoBx74BQAovOzMyHoFr-2Bt3ft0wy51OghmQ= jetBsixmnOE1xywm7CE18T-2Fro3wFUHGhOPclKLfek0DGf7qfVwahIHqu8c3O3WUyXKK72Gtlr= -2FZSlDZS7bt5-2FlGmpwaJXz9OVg-3D" style=3D"color: #1D5080;" test=3D"" unive= rsal=3D"true">Joanna Munro</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>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">Agtech= startup <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWL7XXgt7gb-2FUu8KeRyLYe= xFZAeaRL7EZZabxQN6I-2FgJA-3D-3Dfr9e_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCf= mzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl= 4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkI= vaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2B= Yis3RrRq5zUTNPRo7niUxYhLUANb4Dj-2BC-2B7ApSqNA1EraJ78qFs4oHzDmKa23R75eLV5sNA= f9JQTX5XOglOODPOVF0-2BsLV0e75gaxx93ANVcnPJHzq-2BGbjV3pdoBz1x9L1llWAreZ72XTu= boEVxqU48LzSBFQa8QRtiDMPAGmFBs4sIDn0w76GyfmqhAP8WB0T-2BWbpe86ahuFc4Y22KVIdy= -2FqA18dHhLvVCFJWNurXTt4JlGoVYRtVLAiyr4MnEHXg0CQ-2BnJcCVp6gxK9d-2BLHDjlSlj5= fvvefdlh7QDkhkf1o-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true= ">Halter</a></b>, a developer of AI collars for cows, is in talks to raise = a new round led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/cli= ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb7Fx= I1oY5gPllOZOSEXv9fetOdc-2BDog-3D-3DB6_a_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB= RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDo= ordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn= 4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5= f-2BYis3RrRq5zUTNPRo7niUxYhEQ7jprPE40t8WYxFyn70-2FFbT0Zrm7820gMaTBQPnX6pP1H= Vt7M3wt98uRBVbNm3rZObNrwN-2BiRY-2BcwOTGFGXQLVG5n9G2qlQlFzu34UT9SDexd1yQZJVV= EOODBwGQ7Xih-2FuU5wawmQCJr4lLazJmU8L45lDH-2BMEj-2BC-2BpZRYpYFzFmHsQNr3Ggwvp= -2BpFc8GN-2Bl8q-2BviAqnlkGs0PqvFoHilQHt0y6ISnfYxRFW-2B-2Bkpw3fvW3AtWH4rHJ8z= qYsH5PdS9-2FAfmDeX-2BbKIyfJLAOdxg-3D" style=3D"color: #1D5080;" test=3D"" u= niversal=3D"true">Founders Fund</a> at a valuation of over $2 billion, Bloo= mberg reported.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/uni= /ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE= 7tcb7FxI1oY5-2FA57kK-2FILnBugztzBVy3Xw-3D-3Dse2U_I3w5d9c01gkD8gLzFEofZR-2Bh= 6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU= 7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8= JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIu= jFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhKtb62XrBNsDUgeWq21KqGAE6pylPI4ZAwCLlYFw= -2B-2BlSCxnxLoCAi4CjVQ-2B5HQ9jpqXSUXIQilbJFvZBiZ92s-2FjVuKtstsJScORuHbboFY-= 2B-2FaZqz1bYhtjp7b-2F3vigkC1pZERqcCc3-2FIwoei42MTFNwOY4oJ4bT6OztHFkS175sVs6= EAdQ4g4HweRdfSf5RlMTMa3V3dBfe1ZK0TjSS54OnfizsPYuLd33OAppiqODqfvBBcsbINTwQki= zPkjp5SycUIACT7EJc0nKBiP4eroxg-3D" style=3D"color: #1D5080;" test=3D"" univ= ersal=3D"true">Dash0</a></b>, a developer of software observability tools, = secured a $110 million round at a $1 billion valuation led by <a href=3D"ht= tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS= WIrf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb7FxI1oY5ZJuUSgfAO2wipcxVFZQkBg-3D-3= DoQjU_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZ= U8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8Cq= DdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZc= ugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhCH-2F5T= 3jf-2BshNpmQpAT6wgHlo5lfo3XNBbBhpFWuQ9JsLBmebJo5iGs6-2FcrfjYZAvirQElC6FKerT= 77YtHHVF3Dbao2Yv9CKdb6qAftKxrsq2DqRPyOLdjc6faBpKn6N2SOYZm81BUGtBnER1AuW1Mcw= -2FxPcUPrTv8ssNNib921VoYLSp-2B2XZ4NTmghnzJmcCSGkVGK3K41ntXKf7yEniRtgnMxB4tC= SlNkEL0-2Fo-2BOFKPnw9h9Iv9MUTf-2BW0TEVvJyFio95VCc2iz7A3oB8s-2BlA-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Balderton Capital</a>.<br= ><br> Autonomous driving startup <b><a href=3D"htt= ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW= Irf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb7FxI1oY5WAW8-2F8F5ZmAOfmeVNyX0KQ-3D-= 3Dij5q_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF= ZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8C= qDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZ= cugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhNCVrxl= AAFE3zlQQSj3dCi0l909i1wB-2BtG3uF3DgfVWaW-2FXAdyjcreyuHbhem3bjWOKNr0cJpycMJP= 1Ik5LL9DICd8RBHAyPNunjvCn8-2BmmD1pytfUdTfzAXeL-2FNtfmb5f4A7CHEMTv-2FH1UpI0w= DApxOc4C2T9kh1-2BrxuG4vxljFEd0EIg4zW17GXQsSv90oU7O6-2Blslb-2F33lfQVAynGNwQZ= ITYYJw-2B4ktCvApkF1QOpNicGM3vtyu95AY7Hh5jgNP3OlAdyv5tnlD7YNxi65v8-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">QCraft</a></b> raised a $= 100 million Series D from investors including Ningbo Ninghai Xingtaihe Fund= , <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb7FxI1oY59kV-2F-2FhUf= eOZBlEkqo1BtNw-3D-3DThGd_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPP= wGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfT= L2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zU= TNPRo7niUxYhKiidSYKSUrmIFZBfW1GKPud7L8npuFXCZFZeoWAlj1-2F3O29z3ifrRhExJbwJG= XcELyB-2FvKMH-2B-2BJPG8zXvG0LC0umhtutUO5oimbF9lZKE2L7LEUtkoy6L6L236FLBxk-2B= 5BJXDGGstMjB7rY8qZ6OhQqiaUiTsL9go2KPPq2RFoVZfd5kK49Sx57v1Ob9ijabT6hPjUFUoFt= wxNjUp6CMWcIBb3LTda1QuA9jnK983DyyzKrt7PGhlmd2A-2FuZvSsxF6tPqmDfYewFyRBMIh-2= BxYE-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Wonderland = Capital</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?= upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb7FxI1o= Y5e1p-2BY4wGNumDt-2B4wqiKHQg-3D-3Dp0bn_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBR= FCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoo= rdl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4= FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f= -2BYis3RrRq5zUTNPRo7niUxYhLulGcOGeMIc2bfqYjF2qQGRhbe-2FsetiW7G1uxKYTTm3cZXw= RttRPzPizOfQVmTVjKokcZzakXiO6WwnVpVZOUO44L-2BdZQ0XAoBNZ0hPOp3FcggO7iXvEpiO2= pdV8KAaUwgDkCQNJUqJVkn5YthzRT8CuC-2BBEGqU-2FJiHBwJYb9yjf7Adm3cNGHeLhfuWbnLL= h8rZqgx-2FPZzv2Z4k4n1efSWp2I79V3xG9YFUnNMtBeci5KxZ0Esea-2BWP7XtS7bEVxFIA0F5= CND802Bavmjjyvlg-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"= >Liangxi Science and Innovation Industry Investment Fund Partnership</a>.<b= r><br><b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du= 001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUsvsW1tXYE7tcb7FxI1oY5RTBTp= hWZTPkmsfoq76vnnQ-3D-3DTRa__I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t= 1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjV= pPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJP= xfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq= 5zUTNPRo7niUxYhAcPOo-2Fs-2FB2JfsfjIhfZZ52oHygAS5JaIamNhyp6udrwv8mo3svKE55pV= iGizSoTUHD-2Fa0gt6uqGSi0ns1JV-2FO5EWZEKL8mMJUS3cfiLM9M8yhIl9LrkcK6relRxVx45= TQqdm0MtVkDnE6wX449rEI-2BJuO2k-2FcqWxvndq6zPI0mc-2Bg5M9b784HS2sBx81CRdlW0q1= covw6stytP61PSXfFppQQkLkrrDpwHJNI5-2BRySLYPJuv4VDQBI-2Fa-2BdIkGPg2Bh7lueKDd= pLa9SZnFixV1c-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Do= ctronic</a></b>, a telemedicine startup developing AI for prescribing medic= ations, secured a $40 million Series B led by <a href=3D"https://url6380.ne= ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O= NnvsnswouzUsvsW1tXYE7tcb7FxI1oY5Wv5weqvau4RJGSAdUh31xQ-3D-3DqmbP_I3w5d9c01g= kD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgu= mqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabw= JGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6V= Y-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhE8qF9KXJ8R0dRw12ikecUy1= l7mi4C-2B1W2s52oyyLG-2BjD0SFwQNv6TvOC0CeLcpAyVAPHphbb-2BohGho066xq1LSdw6Ht9= WJaWr3xppV460QZkducYcjYpPoqy9mOeT6djulMTh4QR6CKIe-2Blg3Fm9JL9LO1a6rmpl0kPqc= jqcqYWFj4QuyUotHvFjc54nepmQAsScGBEfXwhkLb7aoVHiNr1k75b5bUUOOXobq8Nd2Xek5Opk= jQwNJRuzXTBiMSHbt9560dm5BjXR-2BbHHSP-2FDq4-3D" style=3D"color: #1D5080;" te= st=3D"" universal=3D"true">Abstract</a> and <a href=3D"https://url6380.news= .pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn= vsnswouzUsvsW1tXYE7tcb7FxI1oY5e9sFN98QQoianNunZRwOJw-3D-3Dle45_I3w5d9c01gkD= 8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumq= ezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJG= e4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-= 2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhADekUcZgPFgdhsyyMfvBtnzxD= aLhPVV4I-2BnceOsx-2FPze6uWIqQP16GltpcwkhXx3-2FM9Xk3sYsd4EJZf11DmpUE86uGPzYD= yA9FAaJdriYu5jizu78VHdAWxeflGPJyAQmEiQHWpD0mzSiJpaZO8J9E-2Fxy07xzZX4m4nnNoY= sYmZY8F7Y2rHvPoCO3lS9dKLm403sogXSdCj4zf8HKuFjaPxXnPWMD4HL1Iyh3YRnq4SksslJkJ= rSMHRyyv7W5TONdSEKvBiY8EDR2g-2FnDxSRKs-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Lightspeed</a>.<br><br> Biotech company <b><a href=3D"https://url638= 0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzUsvsW1tXYE7tcb7FxI1oY55czisRbAgAzEttTW5VGH0A-3D-3DxUcZ_I3w5d9= c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7Rh= vJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZM= JabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY= 2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhKxFMdtsYJkZwiLcvUAG= 1fQhiGBAkQtLdiObDw5OeNm-2F79dWYRpGfqtfJ-2FOYsXVWnwEksuqfntkI7Jzeh8T-2BkoclM= vOQEXarmrTLUZDy-2By1o-2BOFn1-2BpreCIzcWIckEtVB2zOvuNzoOcYPlZC0rdqm-2BQh8bf7= EIq7TTVRftTiTTUWeab0S6F8VhtVsO4Dz-2FmDvwXKeOvuQbwV9QTPrAfZD2rYw7iwEqR5MUfn3= u6XPIF8ZpDfk61aHYBf9pjpQyhJBuwzGkI6-2FrFU1zQ7405iLHA-3D" style=3D"color: #1= D5080;" test=3D"" universal=3D"true">Amani Therapeutics</a></b>, which deve= lops treatment for neuropsychiatric disorders, received $25 million in a Se= ries A from <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uoF= xsGoYXKdz0biNb9IGXvKw-3D-3DQh8n_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-= 2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0X= AWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUq= LhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3= RrRq5zUTNPRo7niUxYhPIsNCjkDQXDfy7eRsPW91B9MKXyyLfgZw6Xaei2UuxWjfcF67dMYNQ-2= F-2BSTgDOx4iRTf84gDlJgRHg0d0z5qBQ2kgkJ5NwFQVbR8rS70Ok9wBcVP36vghx-2B3L5JB-2= FZi2VfP9KoBwbU1wrjZNLnXm1WS2OXOqndrh7WYu72wsFxCLBIrIoEJ1lvEKCq09dduWT-2BP5I= AG6hiAanCsUNeRWvj597ilKUVHM5sVdUhf2uMI-2BML0Z0oeCgcGTVBsoHJJAo-2B-2FapvsWhe= Z9nk3fElm5cAI-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">RT= W Investments</a>.<br><br> Canada-based semiconductor company <b><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uo2WGyYcPa1e8uRUm1UDGM= dw-3D-3D8g62_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0= m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FC= pvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvw= A9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYh= IxgvBaok2aZrdJHN6KSiq5mraIMNHiwEvdkDSSJD6eUORrr0O0hfboRwXzQedXpwnqpYeQwBpOM= 8KqSY-2B-2FA-2FKkC3RvqWkW9K2q6LYSWdUk1okHnRF8XlGcY1baeKtLB8zUed1mM6yaVGeH1j= ejiYgqEyoOXhIvSujmdcTQ04szCkqPdTjer9HnO50RhMH4IR6MQIVE-2Bc2UHci6b6iJz49V20r= HD7qzrrZNQUCCcqicvOqt5Qfo6aT7UwXkTVbGFoC2UHH5r0HpJ5dlrMffqC-2B0-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Spark Microsystems</a></b= > raised a C$17 million ($12.3 million) Series B follow-on round led by <a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uoveuw5OeVIj8YWOdPs= 5XOUA-3D-3Dckl3_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF= Va0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z= 9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0t= OvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niU= xYhISUSt0ZRToCsjyfcpwvKLnbBkD097fWLHfLltVHqtfidaWBPSZE-2F8lp0vWgZlafYVWHQBG= x-2BPPUHjGBpTXThV-2FrWyO9uM5sWVfpmAFuQSnrF7cK9cWfMPBP2ZdRunpzgYjRNK1KzQeZec= 5sKYP7J48TA5jz7cW0I369tHpOAtziGKzA98j2gmhhEphjL0wdnSPDUI4jjm6Kuj6vEElfhDOjz= 3qtr9Eh-2FD6w-2B2yImi-2FcXQyVT6vUfoBWQeMIrMw-2FZ53ElffyEJQQB9qpox12iyk-3D" = style=3D"color: #1D5080;" test=3D"" universal=3D"true">Idealist Capital</a>= and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uoin0h4ZWbm= a-2F06MROyyfnhA-3D-3DpQkr_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpP= PwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxf= TL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5z= UTNPRo7niUxYhOsifyMKMf8-2BgPBXe9uoiPAefRlusV2o5XEOEpNuL0DNOMVLmqsTWGCfdeCGx= YqWbhjO-2FKB-2FmcduEVQAvTPt8S-2F74EOJYvm4EkCRbCM3QZwEtKb8dgdhN1AC6NGVNlRiET= Q3CWNoNN0ANuFM6CtiHmpj254VhPtJNE5WL60QIzkSVsghPc7Eg1UUhuT33wIzcvADqvcLplIvD= ANwHgwFsl1BYUja0J9Kgzs7e9uJ9yzc1hd1vu3eEBuMxOM3ieAKSZi-2B0iyRm9hLBF9D1Z1QHS= E-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Real Ventures<= /a>.<br><br> Munich-based business process automation sta= rtup <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0= 01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uoVu1u5E= fgBeB9GmGJJ9QqeQ-3D-3DgBqq_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1= yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVp= PPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPx= fTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5= zUTNPRo7niUxYhMjAMFreG9RJar5QltG5OLBakW75ign8D2e4EOU3BJ4ED9s11l-2FD6V-2FUUS= hrMMJIiljuuX5Fiu5p67p0kIvurBmCiEtn8ej6wScdVoPt5z4cZyC6vAIS1cN81eKRIHMZ8Zo8h= mX1ySV7LZcZFWgr8pIuznOKA9ig5yQgKEz2bKAEhVzHCk0zNju-2BH3gXFnxadqWM6EtRN-2BXO= Qw06EARZZjMq-2B2jArX3P3zaTVsr0ETMSISHARnlZ1F-2BVQ-2B1ruBLHSjupHaKNLb35YzSLX= N6LnOY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Interloom= </a></b> secured a $16.5 million seed investment led by <a href=3D"https://= url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G= Fa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uoMKZ-2FjvNGrSIkwBhmvw0uVQ-3D-3DYVl= I_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nK= lzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjs= yvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV= 6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhER76LZ1YB9i= bCzK8V-2BTevdXS1zyVTb07lNtrgPx990EY6-2BT-2BrzXE3O3bc2-2B1egfeUQQ17vTfWfgu-2= BvCEQbeNmEJ-2F6g0z9u1EVGr42vMe7qHMqgYh4eOtdtr2EpbzLFzut7N9N8v9Nu5VgngWgMFYE= qt6hOYczQGMEtac0GmsI5x7t6-2F9G-2B9CftJK2u0dQH9oC0Z0W4-2FcN1m64ynEjUcMvY4P3J= UaitVbY3oX-2FYmR6DxAvevDkXDhruVe4Imr-2B3q3U9kXHPnn1rYjZbAIRkwITE-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">DN Capital</a>.<br><br> San Francisco-based <b><a href=3D"https://ur= l6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa= -2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uoycxyVJEfA-2FNd0xecFphzrA-3D-3DDCWo_= I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlz= NTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyv= ViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6M= BGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhIbysDLX3gtiWR= O84aakwM64olaICxQZ4ZYI2AqqpHI3H9V0ElUTIA3w-2BRaFbn3DWcac6mpDFkGZpdNAcIvGEiM= YxccvxwkkkO8eWlUShUEpfm4TEpsVNR-2FRNRBwHHnBaBmbY35QNdvzMn6EiX5sAe3PVng3eZf-= 2FFJBz5QuzRGOPkXhtJ4WXe-2BZg5ce8zwqoChuw8aZq3o5LHpkYYbUbE2Rx3MfNwBzBOvB3sif= VYOODA0ZFW0ylww9cfdPoLSKduEjAtt12STn2oqOZcflx-2BcM-3D" style=3D"color: #1D5= 080;" test=3D"" universal=3D"true">BlueFlag Security</a></b>, the developer= of a security and governance platform, raised a $16.5 million Series A led= by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d= 4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uoupEL3AtS8j= h3mr-2BPCMWRjQ-3D-3D2zBM_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPP= wGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfT= L2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zU= TNPRo7niUxYhN8GzmK5d09QlCArjArbK4BE4kr3201nUMkjCi0OjzbAizkN-2BSobh9KpzAwWCb= -2BzuR3T-2Fngt8stmgi-2FboKaWaVtkaTGuL1gGZUL1k5sb0-2BNQFciwbDVlbFdfwfJJe4rVw= RJKX43vQWnPtBd6Lh1jCFpQXt5zMyc3DV4e8Tfa1XTfrNGRZqvM9zv7xG7D0FP3w0G6QtRkoD26= jQr7cYvtoVWhU1pyQii17gw31cm6pUhmGBcu04ToQ-2BLv4NOHLD5-2Br4cF6xPlhK5BllCTD8F= hD-2Fg-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Maverick = Ventures</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click= ?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU= 5uodDyPGbcWVI57PxzuyFR5tA-3D-3DZV8e_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCf= mzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl= 4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkI= vaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2B= Yis3RrRq5zUTNPRo7niUxYhGOe3LPMVfRSxIi0daNTu95eFRTu1jVWm4vJF0DkeXnSsq-2Bz8kC= t0NBr-2BKN9EQ20YdM3QgS5R-2F10sGD96t-2BdKryqEeV9STBLMYfKnd3nuftttOpNuc7TlYVh= q2w0vf5c1R79kgNNRjjKaAYgnZPwp0hwScDHQOE3dzlkqqjm1mQVmhg3ZRiicsI59BPGItVQE2u= dqWe5XPwpR9bn9ttsep46vnE4-2FANfMY3LW8vxbZYmgbT6zpKRkY5m-2FpASr0QLkDSiliB0OW= 2Tite-2FovavClw-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">= Ten Eleven Ventures</a>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </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-2BaqM7ONnvsnswouzXAJyio8VBYs73r0pnoU5uoSUUtgzVd3CWT1BKDaXHkGg-3D-3DMS1= u_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nK= lzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjs= yvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV= 6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhMCjIVcraEj1= dq-2FySbuhHIsSYOZO2B4SCXvdVMdWBCrTrVFw93UqZKdPvwxhM8gFk-2BNBVSokp94swLey1ph= GMs9Ts3sdHw4emdNIhBP9nsT-2BLaE-2BIjyeqs4ugBTca-2Bb1u4FMzLS4brJEpZqaaprlYYeo= LAc2H-2B19iMPT-2Fs0b9s0T9QSjFRWPCeX4McUAhY3d1HZG8d9Oy4uXs7xheHsePgJUhBxKM-2= FSrBbR-2Ffqxe1XZY129fAkc0ZTUBVsUkv-2F3hyXpWtzHSuqury14XUQKfbiQ-3D"><img wid= th=3D"460" src=3D"https://img.pitchbook.com/ads/ad4524/deloitteh4.png" alt= =3D"Ads" style=3D"padding: 0px; margin: 0px; border: 0px; display: block; w= idth: 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: 10px 20px 14px 20px;"> <a na= me=3D"n_578801" id=3D"n_578801" 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;"> Don't miss our upcoming webina= r </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n7= 3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqTrU2k-2BiKlDA-2= BHbBiWQnWzF3YCgUQ-3D-3DKhQe_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t= 1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjV= pPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJP= xfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq= 5zUTNPRo7niUxYhFT9WyIUPWBLIIZChGKH-2FaOItCTczC1fsU8uljJfWEPRhgGXW43p19XRFM9= F2w6hV9sw3r0bhQw58ums0LATF3QJIH-2FKTi4CIkF-2F3Z1B1J0jNNQ0ozAKl4yQ1162TxW-2B= -2F456tm1las0u8uDOD7Ys26w0Uv0By26DxxALdBqaHeObmigjFM6csvXFNFaiBPwEhWtJkhCHg= Xe6DDCf5JGw35TcPPQsuUCeeD86qb6Ktn1-2BZNwVw5Ig-2FyAlgZ6Z-2FkIPfz3olN9GG0lZqy= yAdSqnpOI-3D"> <img align=3D"center" alt=3D"" src=3D"https://img.pitchbook.= com/news/73331.png" style=3D"border: none; width: 100%; height: auto;"> </= a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <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">Evergr= een funds are transforming private capital markets by easing lockups, lower= ing minimums, and democratizing access to investment strategies. As a resul= t, allocators are encountering new pacing dynamics, liquidity options, and = due diligence challenges.<br><br> In this webinar, PitchBook analysts will be = joined by Neal Prunier, Managing Director of Industry Affairs at ILPA. They= =E2=80=99ll unpack how evergreen structures are changing the allocator play= book, including manager selection processes, fund valuation and liquidity m= easurements, and key questions LPs should ask GPs who manage evergreen fund= s.<br><br><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001= .d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqTrU2k-2BiK= lDA-2BHbBiWQnWzF3YCgUQ-3D-3D__fv_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy= -2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0= XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaU= qLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis= 3RrRq5zUTNPRo7niUxYhBdJtjtIXq-2B2L3UBNl1iGAL8G2CPh7EJXiwp7K91F-2BQBnJj-2B9B= wuXNx02JXG7kZN-2Bi3lhMo37hWJkfRq-2BuuB7QK-2F2tVXPgZ9kg2Y822hfqEPXwIdTVMnin6= 75NOYM4XPbLF0ynPmt11wYM0BjRyzS5aqUMn7BCeTI9TlA7J09mhvPi5zIUfZ66RfWDppgEhGAp= iQckIn4J4YK6NnMVcVgWFyY9oREDFf-2B5K-2BONYiCJUupehgnVTSWmXZwPyCESGm0FQNASOsb= CKrVhm2-2FnsBF7w-3D" style=3D"color: #1D5080;" test=3D""><b>Register now to= secure your spot.</b></a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>PE Deals</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqTrU2k-2BygcgzhOJz2VzZk= rEAIsusg-3D-3Dg4ao_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWe= UgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZ= u4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1n= k0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7= niUxYhIdOjFXHVbce5luiN7pQgdbySOonwhfuUmU8nkmDaMNtIpnunWYUoaLIprsdCRTAxYHUIy= p5XxiSkWQjOd4s69D8GNfcZZjnUh1-2B7q-2BY6LRbCafIVbkY84wBfOShEE8IWt4oKtzb2aJBa= 9BRiIsLTRZoXDcZwzubeg2vH-2Bgvfnbie4qu2WY-2FO-2B-2Bjiupv51aU6Cw7bp9711bRGRLP= c1Ix4cEcngyIQTbbqDrFvj-2FIlgS841T2ak0f4BPq0w24OE5oovQFZc-2BhSFGDYFZL5c4AVTs= -3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Apollo Global M= anagement</a>, <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u= pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqT= rU2k-2BMv7ldU33L0BXM-2FEW8-2BiIFw-3D-3DQ6iB_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwar= HkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfR= mFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf= 4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetB= igU5f-2BYis3RrRq5zUTNPRo7niUxYhOcTrBFvlkpzRcJ3GMG7Oya3mzc9HR9Ldo2DYvX9QE-2F= arS1TcZCxRcSKG3qf87H4fCpq9Rx-2BwQ4ujbW1-2F7i-2Ba05TnbmULgNLHi9GCZznBvTpkJzv= 7dXvbvTQx0Obh8iEkui0DGe7-2FUK7wOar2-2BgoWymeZNOXZG6eLM3yWAkGvRx7Dtc3S4d7wM2= jIiWW-2BJ8t1IbUgRlMbsmenuvrobWAUcyN8zO-2Fzph07eJT7ytpZGKAPEzHYKcJdUSM7N-2Fr= Zwf4rYj8KQbhLWx468JoSWiWxtw-3D" style=3D"color: #1D5080;" test=3D"" univers= al=3D"true">Bain Capital</a>, <a href=3D"https://url6380.news.pitchbook.com= /uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-= 2Fk7kINN-2F7gqTrU2k-2BaCdoNkEiWwearN-2BOi4EGSg-3D-3DQ0ar_I3w5d9c01gkD8gLzFE= ofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJy= DcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2B= RxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe= 4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhH3dXrlQdue7B0ab7CR1mSUJ7L5kN2kN= fBVtDx1jKAWo3HxC4Awl6JmjxOmsXJZ7yQbPxmBQyDf1ZG6He1wL8I8T318H2Cb1M41V3znWyCL= td5PSpyT3KnlIh28lzU-2B9YktfKNJTieIFTMJmw761ToTe8Uc72Nmz6ox4tE4PzV57i-2FE1zt= 5okQPARRhqO77V3m4-2FBOyArYakL0Rh0rzKuiNYYHHOsOVfyJr-2B7J-2BbsaeN0V8WEKz4I7R= G-2F4ACNG4m-2BlEcGPDrA-2FGVA4YbXS7bOQ4-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Platinum Equity</a> and other PE firms are bidding= for the industrial unit of <b><a href=3D"https://url6380.news.pitchbook.co= m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk= -2Fk7kINN-2F7gqTrU2k-2BrF-2FTrtBxE8cDRGwY8JlIOg-3D-3DmmVk_I3w5d9c01gkD8gLzF= EofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJ= yDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2= BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5eb= e4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhKwZgbcYxctFru1Byx75FglD5GA8XX5= AM5ZhiZK4DOqtHuFRQi6IC8Fg-2FfUE5Mz5GJxj5yFlGaPOOm-2FvdTs9HV0HqRiR-2F8cgtChz= WHMaplTCPGY7ktcrhmP0P8TgzYZHz2czFlIVZI3SUDCGBbM7NctZlglvzF-2FXL071DwZv0wZ-2= BZrxCvruma16ylaWFnp0AKz18J1oSx25GARk7263qC6MvpXSI9Hje0KBX8yXGyyGsipXuL0JN81= P5BwpCYNkNbuYUJ1HUgZEl9TxL7aOahlU-3D" style=3D"color: #1D5080;" test=3D"" u= niversal=3D"true">Continental</a></b>, which could be valued at around =E2= =82=AC3.5 billion to =E2=82=AC4 billion in a deal, Bloomberg reported.<br><= br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4= n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqTrU2k-2B4cNqJ= vBRCk-2F8RhIRi1xr0Q-3D-3Dr4gh_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F= 3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAW= jVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLh= JPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3Rr= Rq5zUTNPRo7niUxYhNRrzvySR0bFRwkpjjichbdC-2BgLId0PyvcgP66oQMfeJqaAm09BHw5n7E= -2FfVitZ1QN1y1N31EKFwEojqgSD40Et-2BjgOUtXbjGK4EI0kEW-2BGvRUEjzILa0vcR-2Fldw= clkT0I-2F2iHBt2dl5QKNnkbCpynvvvuIPXIeCz-2B4Oj5AmKIMyiPtvxLsRkxWw9SxvOIrUCCw= tGS4pihBHgF7z5XEoA-2Fm7WTebpz77cgeJMMEPNB0KuhTP8P9tysQg8rd5pmJYxDUfk4HwEAbz= 6Ntkr3sD4ZQ-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Brid= gepoint Group</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN= -2F7gqTrU2k-2BQzMHCQoH8P93mvhPOPYpQw-3D-3DcAxl_I3w5d9c01gkD8gLzFEofZR-2Bh6V= warHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7Q= MfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8Jz= ZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujF= etBigU5f-2BYis3RrRq5zUTNPRo7niUxYhOQCt1aJEtRLpbWVYYz3DrwlJjDZwZrNq7SugfoNas= lO6Y7ZEWua11szGC2EZOBwcqxKx9De-2BVrKqsMLIv9-2F-2Faysan-2BbetB-2BChO7tzMRfLd= I82gA6-2FoFmBZXdYVnnmDp1eVar62FsllayGMIyl440-2BhftGtq6Z0UJ54yrQ4s-2F6Cl6MRG= gxIJtHQsaU3mU8Unq-2BSGYSYlfr5-2FH-2BX2EVFH6OAyUheLt1Op6jHZ-2Fciv7aWMytHob-2= BoK0G1p5OBMBlnNjLfE0PeUscGGhpD-2Bd04XG5I-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Triton</a> terminated acquisition talks with <b><a= href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br= X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqTrU2k-2BR0U8gSKXJ5= dNO49cw3eq5A-3D-3DAZuV_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbc= bdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwG= ksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2= za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTN= PRo7niUxYhDqv747-2B0kfUkWuLvIt6sD52bAvEKObmMUdQdvo8xo5dNaQO8ytHJdoOflGBod-2= F4wwKuYHhb554IddJ3UdVQK1phlR7EjROExOl-2FrvxGs-2BCRxv8qvFCqMfEnm0Qnp0mT48OJR= dYYMbUyKylV51In7oui5VFOwp8HLd4bi2OMn9-2BMIexlV5mn0juN-2FVnr41d23ZERCZl9jiwU= IVr7eQkcLaTHq8fJuEk83639ZQul84em4b7LlINNbXccNc0iKW29W-2FHuIF4YcCCxE6GksTxNi= fg-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Spire Healthc= are</a></b>, a London-based hospital group.<br><br><a href=3D"https://url63= 80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B= aqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqTrU2k-2B-2FojUWzrYg61NNfxBjZnQNA-3D-3DLt= Cg_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8n= KlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdj= syvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZ= V6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhM7qUnZfXhN= lgLqhWmIZ65P5Bi57ONOvsEX4jPZdkhxNahFB4x5V3ai54k6TNfVLKQd4IwuKMCnirzWSfkTBM-= 2B59lDOVPGbnfdtvFXixeSJsPWYNwWILXboO1iP2bf7RuvI9L3riKvSZPeHwk7mjve8liZw-2By= q-2FmWr1lsBQeWjtyaJBgUE6uOn9ZJaTbvMbIKEn2SErYacRXq7LUlP98YufXsPac9uz27ZL8oe= ou-2BTyflImzf1GMK0ungTEqT7fVoTvTvPuIwfiUMJ88It1Txsk-3D" style=3D"color: #1D= 5080;" test=3D"" universal=3D"true">Berkshire Hathaway</a>'s <a href=3D"htt= ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW= Irf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gqTrU2k-2BMSFED8sEKUxxydaOCnoBdA= -3D-3D-Rxp_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8= PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpv= Hx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9= KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhMm= OH1f-2FWWz3JmcXoxM3CPw3NUXT7dX7gVajuGSSn5uVOsjpjcoric-2BL8eoH-2FRS3j2CHAVUr= dns3G5VHklDItv-2FRwjf73h6kq9DYOQQEQJrpnHDVNRi-2FEt817ww3lcYRrrubtLeAqxeTO26= mBzkwECKi87vz-2Bn5f1iF4ZJwfDS63EDcYwH9eycqzqsBoRpqCNaHEXPZuFTb2hgr-2F-2BxNX= boT6FotsUPd1FKPhNrbL0eweJ6a7vVQSxDSwAsQUboPAQTMDgZktCHVAqOTJnRUH64c-3D" sty= le=3D"color: #1D5080;" test=3D"" universal=3D"true">National Indemnity Comp= any</a> is investing 287.4 billion yen (about $1.8 billion) in Japan-based = property insurance company <b><a href=3D"https://url6380.news.pitchbook.com= /uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgKt2c= -2Bh5icbDAOMtiCWDfMgBFl2sBzj6B1XehMVpKsQ-3D-3DsWLH_I3w5d9c01gkD8gLzFEofZR-2= Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1j= CU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0= o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQk= IujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhE1xVFYk0H61vejTqxPcNsWMkFccXtKVrtk3in= 0leV1SRrQCy490owf0aHEGDBq-2FkYdJnVfuiDuLAPKEaTcn6-2FZy20jjPnB3uKvwW-2BXRr61= R773Wfs12rEdXvznb-2FoIyeg4CnTuo1JlD-2F4ofPRp-2FMHRk9CvWBoTb-2B6LSyXKfOAqk-2= BZt-2F6gDBQ7dlW-2B4ztKEIqtSazBNzrSbWc1yqqfHjvfJ-2BYTRVTYTkSU2VM60pwqcHev4w6= KWlHEZl62MBGDcXIcXNtAv2FWA-2BcfUhKYzhoWg-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Tokio Marine</a></b>.<br><br><a href=3D"https://ur= l6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa= -2BaqM7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDfEMralXCcJO8rzITMH4emMg-3D-3DANUD_= I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlz= NTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyv= ViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6M= BGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhEZ-2FiDpDFimJ= BDSym7a4X0ACwkK9ynWGNtJbbcuDed159Jv28YtWTfuvS3fD8araz7H3ABTyxvmtLzMOHTui5R7= zou02A6QTN6c5Wdr9rjuGM3qWUVo2MQdy3q1GoTaDMIYOtysaLas8bdYJepI8obpiaLAA0L1d8n= o-2BIXJCoYsjzNW2fFENoZPXlvWqrBh2koW3eg1EwOId80ysdzyIagOcNlofrLOeHIkZBZ5e96p= lCDbH9xu615Sqb5tBSdrTbAH-2FquKHhMhIR9SbcLT-2FxBE-3D" style=3D"color: #1D508= 0;" test=3D"" universal=3D"true">Blackstone</a> is weighing a $200 million = to $300 million investment in an Indian Premier League cricket team: either= <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d= 4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDfU1b3W-2F= iTfopPMac9KOUdnw-3D-3DSFoh_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1= yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVp= PPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPx= fTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5= zUTNPRo7niUxYhLf9dRkuOEgXOVdq-2BxF9EVtf13seyjN4afIzyuGmGjTIvOnUBkJ7HDy6HrK7= 1n75i5DW3NXmZpAawO8-2BikWQRBYYC4J4wfB0bKuMjc-2FWIGra4tbGlV4H390BTH9rn2roP07= -2FE3TTUh-2F3mqdDVEsj5NKeNAuOMKz0zKYxe0T3Vn-2F6gEkOnO-2FJr6rSfDEZoWY31wjKY3= pRFP-2BgDl-2BgMLGVq-2BolI22o46e5tsMLRwL9yc-2BYl5xYSazx8Mz2yra6vBBg6hsF1cKn7= f60U2eiw2ogvDk-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">R= ajasthan Royals</a></b> or <b><a href=3D"https://url6380.news.pitchbook.com= /uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgKt2c= -2Bh5icbDAOMtiCWDf0Owe6bCC2hc5jejfCYH7wg-3D-3Dieo3_I3w5d9c01gkD8gLzFEofZR-2= Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1j= CU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0= o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQk= IujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhCb-2BlCocZcH20zh15pCO-2Bm0AoS8Qq7rr2y= z7Z-2Fwjp-2BSwJYVkTyugzPXL5cIvmCefxPH3Wm7Kt16sV9EXObwKBkDq1JA2q9WW-2Bc5JVm-= 2BM1ajmBKpEnm-2FCywJXTg3Dh7Txjol1NdFNp671Nv1ecAZ40ObUksohV8J3y-2FpjFl9G4ekb= qMWEKwYoCSIkCG8vcf3CNY6KA8INiKSp4F4ol9c-2Ba4XKDckLf-2BDJCHOYDfa8LQevNHGWt-2= BrH3e-2FFlpUVSzmK3Yv33Eeyv-2FbINkzxlEyHoKU-3D" style=3D"color: #1D5080;" te= st=3D"" universal=3D"true">Royal Challengers Bengaluru</a></b>, Bloomberg r= eported.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?= upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXc8hk-2Fk7kINN-2F7gq= TrU2k-2BygcgzhOJz2VzZkrEAIsusg-3D-3DSa_1_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkx= BRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFD= oordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4In= n4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU= 5f-2BYis3RrRq5zUTNPRo7niUxYhOvPtz32sFDh31-2BLj-2BFFeb-2BHKbALkkEGhjR9Cgocp9= Yb6otVpdGiEHK-2Bjq7D3OdrzRSP7SCVZTd-2Bn-2FDbYDiZQkwakdTDMk7xrt38CIX3hwTl-2F= YO1u08Z6lRPVb8hfnFWzGw9GL0YlfWnUoeleB8HZYwPo48Hcw1myK-2BzLMxNxWPT4SxXOTTRTQ= RY5h0X8I9aJ5Quf9Tem7ZYPXWtV5tz5Z7xPmUBat0Tbs9min5208La-2Bj-2Fs6pG2BBPIr-2B-= 2BGJhqL1Jb6u6WOgnmu5KXSucGkxCM-3D" style=3D"color: #1D5080;" test=3D"" univ= ersal=3D"true">Apollo Global Management</a> bought a 37% minority stake in = <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4= n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDfuWkVB73Uc= kgLYZB8SZmJNw-3D-3DTF6K_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb= cbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPw= GksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL= 2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUT= NPRo7niUxYhEovws3AnIIlHXk587WKvPcCFa7MhG8jd9yPop23llLwj59aPyz3vORowz5o9Sas5= MXsD1fGL5PZHrmGoN6aj4XdJsurLuUGBsdffH-2F34Mtw7mfpgC8bARxk1tyW0ac-2FKPfsyfjM= NjAToLS7NOEaJaADHE1muoXoJXx2kvugU1GmIjjZzip8oJApkhfRHwGAefhggUx4EtuHHzu918l= RJOWeAjZzoeLQbiwoXKhwi2V-2Ba-2BknmAsf94u8iVRQcgZEUUrALwA-2FRQiBSkimsZTiTTE-= 3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Syntegon</a></b>= , a German packaging technology company, from <a href=3D"https://url6380.ne= ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O= NnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDfzQO0XsaQwkDVDoaGYdRBcg-3D-3DBmac_I3w5d9c0= 1gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJ= gumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJa= bwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a= 6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhEcFuB75thvyIJdBoyHYcz= eny-2BFQIl8ILq7GuTKaUJ2AdvSt1GFeR0hWDl2Y4H2V8T7mdK4nTGZONmrV3PlccfY6hyo3YVw= 5XFoiP-2FFFsQI-2FRh4VuL7d-2Bu5tS1QCsnOX1jj-2BMpATABfvKGpcxzRfeBYiPmuzEJVEhW= b4jgZl84MJgDf1aXRUF6YiIlynpeTwCU6IdRgLcxtSly-2F0omNbsAvEYCMn9EJHxtu1KmTyr-2= BUbaaCMHoo1PrzpaJUlOf4MIbsU7Hx09Kp1WTYrHdiFSJk-3D" style=3D"color: #1D5080;= " test=3D"" universal=3D"true">CVC Capital Partners</a>.<br><br><a href=3D"= https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7S= pSWIrf6GFa-2BaqM7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDf82xkxY4AxX4k-2BTP2wx9wA= A-3D-3DQwYe_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m= 8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCp= vHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA= 9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhD= 3FYCwSa-2BjASicpi6RUzE-2FCjRUhcFHHpOz454JHKlhAs5EVOJPd0S4ZOImPuGlr1MHROtsM3= 5lQuGMmCQu9eFTCUpDNzTemrIGn7KR7ZNMLvwo7-2FyYhmnpHUWZfvhjjD7g-2FxTZUgVf7xsHp= v-2BQdQEVIwh99LY71G-2FV6fvv7oaRPMiAWqQMTWDSGxh2PXt177q40ZlqFdsoak-2FdvL147d= p5et-2BuqnT4HmOzs-2Bbs2xVNWmaGr0TmNbdjGvW-2BNfKkAfGT48SOpVBC-2FNj-2BTz8I4zN= Q-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Diversis Capit= al</a> acquired <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/cli= ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUgKt2c-2Bh5icbDAO= MtiCWDfsbn-2B-2B8bBm9fBMYH72JDZuQ-3D-3D5igd_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwar= HkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfR= mFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf= 4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetB= igU5f-2BYis3RrRq5zUTNPRo7niUxYhBd6rqb0RcWknwrCHcJZSoOgKadj38VvTb1uPb-2FU8Kr= 8tUAqA49wGbwqV7SFj1cv-2FCbGMGKGJTMoY-2FAio9da47lxPL7fDWcHFAscCnIDNg-2FcBDjz= ZfmcuRPqGC-2FidpdYSQm9DUaKAGWMKfy9G2LXpCG4wxtxdqWHIdAB8LDY2872V-2FWGXmSSB7b= sh-2B3jhwLTI8-2B495ySqk-2B-2B-2Fj-2BTuddxTfQXdwwSIxXYct-2BN3IAvtPl0TYoow6jn= eQ7EbTvbTMo0LTpMi3A1qum5YCI5X073iQc-3D" style=3D"color: #1D5080;" test=3D""= universal=3D"true">LTi Technology Solutions</a></b>, the developer of equi= pment finance software.</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-2BaqM7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDfmrQLblBXZpzDlW-2Fl= OqXNEQ-3D-3DzyfC_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUg= FVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4= z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0= tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7ni= UxYhPVqtfJ3VqqJ23te8B9FojOIhg2A5-2BL77W0Ie-2FJ69H7XVpLnD9uA-2BxNiz-2BEU-2Bk= Ys4AKyuiv-2BDajOnsYIbNEgqDzFxaJ1lVXGVNjcqYuqf-2F46vg-2FSY6lxIENOB4MhnIylZvD= f2ObFBbHGMXUqeBJBPBEzuClzTR6tbYHYBXO-2BDVFe4znrx-2FPy2vdssr4I-2Bdx28cNgvZ33= ZCGh-2Byae6FzFm8VC2Cfg1ERA3Lbq0b6Wo0J4NW6K3PPWPWFbHXVHSwZe9TwxNxAJsqrBOpm-2= FxiWMa20-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">GI Part= ners</a> is considering a sale of HVAC provider <b><a href=3D"https://url63= 80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B= aqM7ONnvsnswouzUgKt2c-2Bh5icbDAOMtiCWDfNwFJqFQ-2BwDU9Eq376kqdCw-3D-3D90W1_I= 3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzN= Te7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvV= iIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MB= GCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhC7r25piTAbQq1-= 2F0JeF6P-2Fh7CdRFbAeWoq58KtmuDHlG8huxdwfUUANWBY9OsXNndhy3h26wRGi7jXAFs7IJTr= Dg6VTyEU91pj67rWHoQMNYGP2ZbjjNjsmDMG3AvYO-2FCddzl1PjfYXUMWXrUyrocri2mp59vBm= fz-2FhRz7eCRNKrjZ9yQbfhMryNyO8lUZV2U-2BOrj6z4chLXS0WTTV5DtW3vvh7wdWNDZ-2BoT= D8a8td3107uVuhwycVMzKcyR9T9l1KABexalAdfIVm632tegAeU-3D" style=3D"color: #1D= 5080;" test=3D"" universal=3D"true">American Residential Services</a></b>, = which could be valued at over $3.5 billion in a deal, Reuters reported.<br>= <br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d= 4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxlL9qvodSoN= WLYAw-2B5uBNMA-3D-3D960u_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPP= wGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfT= L2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zU= TNPRo7niUxYhHS2eOqz583JfBBQfrSXvbmSLo2rRaqclbpmrZ1NZ-2BfuvrjikkNuIgFJgW5X-2= BBHXKhR2BGAo-2BGFn-2B4UjISlcD6HCXUzt3LzXEzwd2uifKjIkwFGuQuWnDXAYQRlfYKwbMGb= 492AtBUXAMmEKSyyaSJeUrlY4sbibtL-2FXkDOw2nqIVR1EN9UBdeJHsEwtjpMYd0f87fD-2BN-= 2FhKtrGk2wIVfDxJFxcsA-2FJBQf-2BeJlq4wxzeJbmriY9G1FxX7CtB2a6ceitY61OrqnsPMdJ= q67Vw6nY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Gilead = Sciences</a> is in talks to acquire autoimmune disease specialist <b><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxfFcmGa2qCMvCWzVuefhE= qQ-3D-3DAFXH_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0= m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FC= pvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvw= A9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYh= IXIAJeZWrHNl3YDSp8SrivxmwSIgGHpRGK4C0gjMXgbnbjKK2rWlZ2nwRNpILk-2Bqh46rCbUxw= Yuxdc4eEcjqriY-2BL0CN-2Fw-2BajehC8H-2F0EiI7Mizt7JQKWDGEiZm0B-2FP5xESe82XLde= LeqGiS8Ln9e2E-2Bz4KQI50q4uKq0L2dW8Xth24zUAvZ-2FwjLf9LCJqheIvLK2IY1KLpiu54UD= 42nQ6Nl8R8-2BpjBppkw-2BkhQV1BSrj5SJTx9X5IQJXaxq66epAtAU4DqIJL2QO8kYQX-2F7Ns= -3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ouro Medicines<= /a></b>. The target company, currently backed by <a href=3D"https://url6380= .news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq= M7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxIP-2FKkJk97OSa7yoJwew4Vw-3D-3DtbNj_I3w5d= 9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7R= hvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZ= MJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQ= Y2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhID-2F9Bm-2BWNR8rBe= ZKb30edYROj-2FEy0zl6tnJcs7t-2FM5gpRpgtdhYkzDDLxuquzB20kDIzKQ3d8WhEvydEmJppk= hKvfXnCIQql4j81uMx8v4cB-2BrMPn157jsXIl7aqTkRe7dflf8SP6XSJRkUKUhY4IsQwOcBXSB= YtjvLI7qyrnKVwZa5Q1Rkv2EM3f-2Br3qx2Tt9uDp9HFch4X2RvmBNGfy1-2BcFt9x5-2B5iM3X= iu2UJUduT8-2F4edodnEfe3V6pmmXBMJyAvOyBChhPUfskuRWpa8Y-3D" style=3D"color: #= 1D5080;" test=3D"" universal=3D"true">GSK</a> and <a href=3D"https://url638= 0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxcQXqTtSKatMlw-2BaF8lhy6Q-3D-3Dj2hY_I3w5= d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7= RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIG= ZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCI= QY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhKqW-2FMqJjd7HXHcu= 6-2ByHOWuLIpaSY76G9VKL2RGDTE6CGsVFWPmSX-2FlN2hXJh5Zc3g-2B-2B2NpiXBSHEaneji4= nstmEZHcGIxGdMddnxfAEFmXORMkmV2hUVFnIUCSKVnv2fUnUSd9QTHOfWx4BuDAV87o5KWsh5l= LuSN4pjtW5zJhV8WZScf9T1AHSb8093LRYsAX2fQgsMQiX87X-2FDvgHCRcK07EFOrOONVK-2B4= SUCGLoz4VZiInaNmeR-2BHQy5-2FoOz8jVDid4re2xcoM5dee-2FK5KI-3D" style=3D"color= : #1D5080;" test=3D"" universal=3D"true">TPG</a>, could be worth around $2 = billion in a deal, Bloomberg reported.<br><br><a href=3D"https://url6380.ne= ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O= NnvsnswouzVc6AhT3bxeARfL7tU4oFBxkIiR1-2B3fd14dqk7R9tBfPw-3D-3DfHyc_I3w5d9c0= 1gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJ= gumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJa= bwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a= 6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhL-2BoqoUNQf7s950k1LAM= 9GSw75O7-2F4N9seaFmue4Y9uEo6u7qlVQ5M-2FIXAMJYnsq989sdAvkvW7XPTKHANugcYFyt9-= 2FURqALpeKx6OOy466Lei8gGDsm7UK7KeX4cT6G-2FE-2F4ImsMbnM1Vx9-2F97dW2p2PZx1126= 90XKA43dOUHiW275Z2eoLiI5IX48xWCZIHHKYTZAJI7-2BXBggnPQN-2FUJKZbZK-2BqhEBnbsA= DUHicoAm8qoITYxILpeuocvHj-2BIGNSGSx7b8WA5GxLC7u3q14hJ0-3D" style=3D"color: = #1D5080;" test=3D"" universal=3D"true">Danone</a> agreed to buy VC-backed B= ritish meal-replacement provider <b><a href=3D"https://url6380.news.pitchbo= ok.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouz= Vc6AhT3bxeARfL7tU4oFBxips3SRWFf-2Fe4NLpUCyCiYA-3D-3DX39G_I3w5d9c01gkD8gLzFE= ofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJy= DcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2B= RxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe= 4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhPImZwovwxlveYTOndXZIrxTWMKw9hSu= e4feBcA0xgVa8r2FfauiThrCDqaE2ruLJEn5scBVFxsU5UA5XM4Onmkbz8jbXsIV0LVfmTbwfdL= oDmM8PIkAgNTUJq8yXLAJobeSKjKn0d6xnT3pveLNeqXVJmQ9w-2BQWIhcemsgkVp4iTDqUojKx= OHSqbj5As146i9f0PY7lMwF7PsIL36-2FOBaa2on4cQ5GYM-2FbJALIXStQX8sAB-2FyW9DcY-2= BU-2FytBQNwdad6KtcAQrfdZ7kBjAVoqE4-3D" style=3D"color: #1D5080;" test=3D"" = universal=3D"true">Huel</a></b>. The deal values the company at around =E2= =82=AC1 billion, according to reports.<br><br><b><a href=3D"https://url6380= .news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq= M7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxZTLWBVZc00kUM9KCIehEUA-3D-3DA8fr_I3w5d9c= 01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7Rhv= JgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJ= abwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2= a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhCPwpBw0px8iefz8UdWYn= dCoB7PdmyJhZ5mvipjI7R0Q4x1eO2fuK6S5Sup3hsvkdVZMNrFm1cwHba9ofDV5fi4Te-2BGI5e= 0HZcKHnwlNWvhmVVwRYNlwPPd-2F5yymxvRmB1t6bbZRAqD-2BQW9DEr8bpzdckU7LirwcPvV3A= oOtNWD2I8jI-2FY0p1c6VmFBkX4Xun4fhzm6hVBJVnSrqGXHj1CHs-2FCm28U22FSsxJVMmGYN1= YXNAjxF8Ob9IGxhLUE7HKW754Ffaue96y50rErNTn80-3D" style=3D"color: #1D5080;" t= est=3D"" universal=3D"true">X-energy</a></b>, a modular nuclear reactor spe= cialist backed by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/clic= k?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVc6AhT3bxeARfL7tU4= oFBxivNKhYD2UWA-2Bxdf1gH8rYA-3D-3D3RV8_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBR= FCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoo= rdl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4= FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f= -2BYis3RrRq5zUTNPRo7niUxYhP3b8XXivGx0f3E8QW8QRXkjZw-2Fsxn5cWRzBI7JyJKvXOLu1= LwONIaiZWO61-2BeD-2BkkOFcDLcE2Rxy2zL-2BxgqGwcfhVcNu-2B22tcj190vA3Zk88CwucOK= QeKV8u1uHLmdIwaRhBwK1IQyQf63LNDbMIE-2B8pzg76VkY-2B9S8Fn4UlgQgYzeFNf2M-2Fc4Y= 7Ph3Y14vjd8jSR4NTgqXSivvtJXq5XQNuM1rV-2FEqMYUXYLmbXz9-2B3rGae3GdG9xBxgZF-2B= 3vhyBS04gH8dL-2Fs6dOkvRQ4oGk-3D" style=3D"color: #1D5080;" test=3D"" univer= sal=3D"true">Jane Street</a> and <a href=3D"https://url6380.news.pitchbook.= com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVc6= AhT3bxeARfL7tU4oFBxSnzuECQTsCceh-2FohBzzl5g-3D-3Dpq17_I3w5d9c01gkD8gLzFEofZ= R-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcM= A1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxR= Ip0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nm= uQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhIbjjL1fO6s6T4X3ZpaqdCetlmPTkvhzOGi= xXgcOJ2wSZfLLmpSPNuZQyjOK-2FJVz9Dey-2BYCQMq0w0dWcm6Om7S-2Bkw67UN-2FQnIkyxaj= 9ue6klmpK2DybsXtRrIyMMZy63RY0U9y3VB-2B2YGlE-2FIeWA-2BDSTdLeQ8l3tQffoGIOptrl= H8PZLqa7lkSUfEhXd9-2FHycV35T3b2-2BnocsTSCszBIlNibh9FnWyoY1xoDgogN1J4zOHAShh= Prcgu3zlLOAKWTlb43nWl1wi-2BYdQOwM1kZnuI-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Ares Management</a> , filed for its US IPO.<br><br= ><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7= 3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVc6AhT3bxeARfL7tU4oFBxFbVzZ2mAsUjld= 3bQVNg-2FpA-3D-3DQX08_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb= dWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGk= svZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2z= a1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNP= Ro7niUxYhK08kfMri9boJQl8uflbpmEnYs-2FwcxIp69UWQyij-2B4kvwGMpIzJpEXkyQKdVM7M= XqDNXYrSX1Q519QMj7i-2FJZcbzQ-2BaIy456n2LLPq1KtJDki7opbpVlELwS4NwXL0O8ytD-2B= 2TAoiydstNQgSVya7OhgZ19l0fzJbSEfylEMgFIhznooIwbfJsunS1MUjtR0SHAiLP0qR7Ps55S= QsOq69Adjmj8x5YAF-2FVYFJL-2FTBEpTX8K-2F8pOwBJ-2FqXftmrRpa3NMOwSRBbH-2BQASdI= s-2BUp1UE-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">The Ri= verside Company</a> is considering a sale of digital weight loss company <b= ><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7= 3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgPg3d1hrK4o-2= FiPtyBjXAgs-2Fw-3D-3DU8mn_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpP= PwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxf= TL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5z= UTNPRo7niUxYhEDfQ6b8fthAw-2BaaayJvrKBsq5R1hTYLrW4e-2B2y-2BinOOIu0h87qITRdti= g1T4kT03z3FrVDH0F-2Fl5qGRLVTq7Jn1koUu66pes7Dn4x4Fsh3-2Bk-2FLMObRaJ4KTq4xHkh= ppQ-2BluXI-2BXl9AVhYN87k2OI3Gzi1YF4lkj7UIXlOi-2F4XFD3ZZO-2BsGiGMkUq5eRGvbGh= hpLr2unIGFdJKfNAiB-2BIfNUIY6toYtJT4Vx8yDNMBrGLEmayZptcId8tKghlMxFwFqds3RtFb= vt07HoiDuNgOo-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Wo= ndr Health</a></b>, Axios reported.<br><br><b><a href=3D"https://url6380.ne= ws.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7O= NnvsnswouzXjpo9g3PltQjg-2BvYNCfSgPMeavvgIKpjDW0lRIR-2BecPA-3D-3D02bN_I3w5d9= c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7Rh= vJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZM= JabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY= 2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhEE86F111BE-2FiYa1VL= n6Kd3CjqyD9SKJ0Qloc-2BLMDWgm67gVLBtokItxG2N6WA7KZsVx41ikskfkQsO9s-2BC87RHl9= 376CmPfgU8quR5iB92GZLiuiyFrXpVzidRHsV1VxisIMvJKtTwVAfy1CSkjWe75qpTmMgXF-2F0= 0ac4QY6-2FOQL6dUwqv5Ox-2BaxGrErLRHOdr7zvj8FVWzFiw05c1d643dBCjcoeB7nZ9ArtpTj= KMQlFcylzMTCENkwoWV41mTtgiDxCrNnKjDkJAXoKj2WBk-3D" style=3D"color: #1D5080;= " test=3D"" universal=3D"true">Ninja</a></b>, an online supermarket special= ist backed by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up= n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfS= gP1klH4E8W1Qt9Zsdc21adlw-3D-3DDWCE_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfm= zy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4= h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIv= aUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BY= is3RrRq5zUTNPRo7niUxYhBMeRF369USdRI-2F7NMLW28ftAGBzijP4UuxzPMS2ROKXxLTMO4WO= 1RZ4-2FDG7oY6OrvzEIMNrMp8YmQMSUpX-2Ba8KGZIJA3xylVZ2XLwpYwdnUPC9Cn3RPemDxXRL= QfloG-2Blt5cva6cFjythltdhKbisNVQwxa7UxjNpirM32b4H31HdChtfejvXvnePBThUjERvkg= InQ2gPu8UN3O3MmXTjt5rQiprv-2B27jvZH0-2BtgvGor6dPaFVa1a0mIAYt8ZWejy3L4Rx6QSK= -2FJgTTLwUEuPc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">R= iyad Capital</a>, is considering an IPO in Saudi Arabia, Bloomberg reported= .<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du= 001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgPBNP= 5QqzXY4-2BTNlKimCIRxQ-3D-3DqWr4_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-= 2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0X= AWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUq= LhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3= RrRq5zUTNPRo7niUxYhKldX1cQoSKBohkUGaP8snIXX2bNkt8x-2BkTR-2FwTidOtL2uGGFd2nW= n1r8HdbEuGW2dJc1adpUO2FFcyyBS2SXD79zzy9SOSDKfxt7ZRJEDVLjY2GNY8kfdFgVIecHuqP= P5pJQh3iw0MzrbE4Sk14hGbh1k2-2BbQyibNIvekTe1JBYV7f-2FjG1kejc4DUDwnoGaU5dc8Sf= 2UOcaBTqMac4Uq66qkYOnZvcoNIY-2BnmischAFqzAD8-2Fo1zpELruT8i4x-2FquPTr8xtpNYr= vtY6jVFSFpI-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Sove= reign Capital Partners</a> exited <b><a href=3D"https://url6380.news.pitchb= ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou= zXjpo9g3PltQjg-2BvYNCfSgPLc5T4wEhJ-2BVL30tascmTUw-3D-3DwpD5_I3w5d9c01gkD8gL= zFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezP= zJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F= -2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5= ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhGMoK9Kq838bzN46uUnDwaRS1eQ3U= 1FtK7e-2FvocvhMWh53igTx7BBS6Vzg5Q4mzhJxDEmqF-2BzrXuYc-2BxADnmxhIJEcwaH4C00J= IoHZGJebaj0Xyyf16T4cZ1FgHVoMtxWplikZ4eIMbI3oyhDilES5C8nYWxJDbS-2BuBcxouB0rG= nM-2FXRjufGd0qM68aWKEmUpN-2F6znA0qd8SY3pcHR5Ti60VHVoIhDU1fQJDsEr-2BRVBziJfb= wamyesdUEXqzgZ8Dxvdwy6eIbJnZK9jKU8Dnkpg-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Knovia Group</a></b>, a UK-based provider of appre= nticeships and commercial training, to <a href=3D"https://url6380.news.pitc= hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw= ouzXjpo9g3PltQjg-2BvYNCfSgPFZZbokgNTsIHmSXY-2BAT5Wg-3D-3D2teo_I3w5d9c01gkD8= gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqe= zPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe= 4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2= F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhCKdAZQui-2F5g-2BrPWzxMMoIQ= N8-2B-2B5iogUCVBC3516sJPEY-2BDfkZqTvr3rW6eF80lyYBokGlbdjL-2FkNuEUl7YZucwxmZ= jLItJt1-2FqRX5lO6NlVdqC3wZU-2B8y-2B6mmBqq88k1L9zpsuL-2BNReyKreLv1d-2BGcHQyh= XJy5cJ2inVXwH6qH4n1zjBI5NYBFi75BDQ1dxuTLQt8kTShyDhPED9E-2FE0U4foxrAOAGdPp-2= BYOaeMqsW-2BBs8nm5bkJWm2q38-2BKIeT44TRJOlIFSDgwYhJjEIxRiQ-3D" style=3D"colo= r: #1D5080;" test=3D"" universal=3D"true">Eureka Education</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>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-2BaqM7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgP9i5bsWqEQuEV0sI= s2Ms18A-3D-3DlVXz_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeU= gFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu= 4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk= 0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7n= iUxYhAuYu7Bhk5VktH8HOyO3dGJffl-2FHW5zNinPd38EPi2yffewzyRrawdZhqWYoOAHSRlJAY= RXac3NvYZ-2BKl2rr9OdRktphnHqXteyzoeLcd1qbBMjO9YMwNmzYIv4PQp5t6BUAnWY5U2NfzA= ZPznZwBKh2tIWJtoWTylJZlJPwuJDRE5V6nTLdTiI9ysY3Y0f-2Fx5lf0m91YFlDz6Mb5oLm2OD= zUyd20U6bw-2FWnXOb3v9lpH2gn1OuE-2FX94VTiI19eBSw1RChiy-2BFAtDljfAnMFvd4-3D" = style=3D"color: #1D5080;" test=3D"" universal=3D"true">Lead Edge Capital</a= ></b> raised $3.5 billion for its seventh fund, which is focused on the sof= tware sector.<br><br> Solo GP firm <b><a href=3D"https://url6380.n= ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7= ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgPVw4JzasA642f608vLJL3vQ-3D-3D5XZ9_I3w5d9c= 01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7Rhv= JgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJ= abwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2= a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhEzyCn5h8XAwteDT4SPaX= 0D7QgI3KzYrNFit4xxSBoJe8Ps6n4hucMkjElhtodmCbDAg-2BaHiBFEq-2FMTPFGp-2FTA2GeQ= dU-2BEQS6RX-2FTo7LZnNq-2F-2Bu-2FVYeG58-2FhlpwBBFXG2b-2BtGeKV-2BgOj4CX6SMfaM= d8xMZe5dMJ11ZRrAeYws2mcHahfq5DNG4ErFoD23ajmUxl8vHF1YrDY40xkqkaPj98n7wj84Pdq= RGhKzn3-2F6EbNWqr8kgwpSCPKldGYDa8vsP340rMMjmUKUEfzUKAqIrU-3D" style=3D"colo= r: #1D5080;" test=3D"" universal=3D"true">Air Street Capital</a></b> raised= $232 million for its third fund, backing AI-focused startups.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Chart of the Day</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgPNTg6s4i= xcX3D4GkTa9pLiA-3D-3DWSWk_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpP= PwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxf= TL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5z= UTNPRo7niUxYhBqVUc2n6XtLOBw9GMDyT6KYh-2FmpgfU4NQlUbig1NLKddKCEpYLmKO8oYpt1A= o1Mj7hNexRRZrxNOPRngT4WmcLvr-2BobGbLmUtvPQOHZQ7xostWC-2BxYXoASXDKS989eAA2nm= QiEC3qrB-2BnAn5SVACd2bBL5zOvYX5tf7CW4g0b0fgmGDLGqRgJAvPwMI0-2B7eubDUM85Iy4K= O9O2AB-2FChr4twp3zN-2F7qgtVBxhLF1ZH5-2BKbs5yvQ1wQgGh80i16tGUyaKyb1fpji5Mqsi= YNUvxvw-3D" universal=3D"true"> <img align=3D"center" alt=3D"" src=3D"https= ://img.pitchbook.com/news/73418.png" style=3D"border: none; width: 100%; he= ight: auto;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <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">VC inv= estment in advanced computing accounted for 86% of deal count in Q4, yet on= ly 16% of deal value, well below its historical share of 29%. Of the 293 de= als, 251 were VC deals, with PE making up the remaining 42 and accounting f= or $44.9 billion in deal value.<br><br> Source: <b><a href=3D"https://url6380.news.p= itchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvs= nswouzXjpo9g3PltQjg-2BvYNCfSgPNTg6s4ixcX3D4GkTa9pLiA-3D-3Dn5XG_I3w5d9c01gkD= 8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumq= ezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJG= e4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-= 2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhCP45-2Fh8E6vwFRSt-2B0Qup2= fScguPi-2Ffuy6mflMq47szxMuIeGhtDa-2Bwf3JpQHiaX4gTmVNJGHuL0xITxMZTsYObEX9Is3= bzxF966r92VFseDXxNbv2sY8BbOUsVj69tgTwbj5G7js2m6DWRQunW7PEOB9-2FYBpX-2BrlbwM= jEZGajuqo1KXUV-2BilYzFS-2F15sxhmDskkt-2BJyS20UoCP61ilyhhn992YP5E8abaBiu7hpu= bjQB5JfCQF-2FLpBhcQPh-2BXtketS2EytWsZ51GX9htQ64Eu4-3D" style=3D"color: #1D5= 080;" test=3D"" universal=3D"true">VC may dominate AI computing deals, but = PE supplies the capital</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> </tbody> </table></td>=20 <td class=3D"side-bar" width=3D"140" valign=3D"top" align=3D"r= ight" style=3D"padding-left: 20px;"> <table lang=3D"x-sidebar" align=3D"left" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td> <table lang=3D"x-sidebar-block" width=3D"140" cellpadding= =3D"0" cellspacing=3D"0" border=3D"0"> <tbody> <tr> <td align=3D"right"> <table class=3D"desktop-only" cellspacing=3D"0" cellp= adding=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding: 0;"></td> </tr> <tr> <td style=3D"padding: 0; height: 20px; line-height= : 20px;"> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> =20 <tr> <td> <table lang=3D"x-footer" width=3D"100%" cellspacing=3D"0" cellpad= ding=3D"0" border=3D"0" style=3D"min-width: 100%;"> <tbody> <tr> <td width=3D"460" class=3D"container"> <table width=3D"100%" cellspacing=3D"0" cellpadding=3D"0" bor= der=3D"0" style=3D"min-width: 100%; padding: 0px 10px 20px 10px;"> <tbody> <tr> <td style=3D"font-family: Roboto, Arial, sans-serif; font-= size: 10px; -webkit-text-size-adjust: none; text-align: center;" align=3D"c= enter"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4= n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXjpo9g3PltQjg-2BvYNCfSgPYSp7GfWGw= eN6PsYHzUmAAw-3D-3DHu7z_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb= cbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPw= GksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL= 2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUT= NPRo7niUxYhKY-2F6pgsEas-2BK64rnQ3gmLbgHpUklBeDSMk8VJYN8Nvhtgr1I07jQga8qOlUA= seyyoN6TPum36RYWpt1XTZ9ixTytc2BCE6OvQg8g7eBGQtFHH2WeZgMuHcsleijBEdicqkpmsQm= 7lgkbLwRcEp98lysXItlBZsmUWBI0uZCxC6e10pZgPXF0qmu-2BUZWlwAqDvBu4cVJxtx0IvfuQ= Ero6L4DVxA4MY4PHs-2BzNLKdeiJt9eReYSI7s7r18AX-2FuzWhHTW6kPNlgjsDFMrL7iyk7Io-= 3D" target=3D"_blank" style=3D"text-decoration: underline; color: #1D5080">= About PitchBook</a> | <a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVkJOnVoZXqv2o7= e6v8AroxK7kHCpFT8kAmVVKkPVpKOA-3D-3D9e05_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkx= BRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFD= oordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4In= n4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU= 5f-2BYis3RrRq5zUTNPRo7niUxYhLhwRMb-2Fu57kyC8zE6edFapdhBGSZmyXTtWUrRH7-2FtjJ= 8Y8CZEMbgInWZ8LXCECShy1MX58oOCRokseuDego5cKFgkh-2BXQW7IBVmmOZ6qEV7E-2BrhXyg= kYX9uT1KfXGSJLpPTHmbBahCiLWeEPpb40GMNCzJuOLAPn6mvx44ER9OikYKPKSiW9NwUxirY9C= -2FiBsjgPNNfqnz1kXvY-2FKEwodiibWQxU7DIbxPHDGh1yLeQeQCFHyr4ublOJSmlYV5P-2FO2= pjSL-2BNVaNU9pBJ5ORYTM-3D" target=3D"_blank" style=3D"text-decoration: unde= rline; color: #1D5080" universal=3D"true">Terms of use</a> | <a href=3D"htt= ps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6= GFa-2BaqM7ONnvsnswouzVkJOnVoZXqv2o7e6v8AroxsAfD6Q8VWWYfAWbEnZcIPQ-3D-3DEh-m= _I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKl= zNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsy= vViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6= MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhEjrLN5FdLKjN= kfS0megj2jwksq8h2i-2BEi-2F2SEphCgbU7Ea6Zub0E7MtYxzXKPLFOkJ0mbJFnVXcCf3oub1k= d-2BONmgP1bHDRQLr-2FNBl-2BWGzW-2BImAg9Wffh3jBr760b1dauyk6UwL8VLsMMZz4w08nvF= p4PCewkjY4a-2Btb1KZU3HOwdZZolKEGSlQhKYLYA4NkfRh6-2BI4co0Hpwzar5-2BtKqKoCljr= 4L1Z5YwMqJwnyWRSoDZTXGm09EGOUyOFcnW4olYD5Yq-2BzfVHLNpJPW-2BWMaA-3D" target= =3D"_blank" style=3D"text-decoration: underline; color: #1D5080">Advertise = with us</a> | <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up= n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVkJOnVoZXqv2o7e6v8Arox= lH3tW2coha0ZAkL1o7XshQ-3D-3D-ioM_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy= -2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0= XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaU= qLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis= 3RrRq5zUTNPRo7niUxYhGy6zd3OHM8FtwpEtuhjDc2xmLCxfibBhwPML4YGGjR1JbjerKoXclIH= dn-2BUdi5YEcEXT-2BQyM6D-2F51LraPeNl4bI2dWiuIi-2BTpY6lI-2B9dGArCAE-2FyX77zUD= 8zZxA4ZTVOKFdqvBOXZ3EgSMBaTelCKddzsq88CrvscU0T6-2BpYFjgOgzjfrXb8HRoSz-2Ftj5= yB-2Bd9UGqa8EszMwWpnW2bI8I3CtP-2F950GoQaUtLqAK0-2B7FdwuNYOTQY81MqSRThwGBu3C= ndEN1R0oswl9NZ6-2B2SPY-3D" target=3D"_blank" style=3D"text-decoration: unde= rline; color: #1D5080" universal=3D"true">Contact</a> <table width=3D"100%" cellspacing=3D"0" cellpadding=3D"0"= border=3D"0" align=3D"center"> <tbody> <tr> <td style=3D"padding: 15px 0 0;" align=3D"center"> <table cellspacing=3D"0" cellpadding=3D"0" border=3D"= 0"> <tbody> <tr> <td style=3D"padding-right: 10px; font-size: 10px;= ">Follow us:</td> <td style=3D"padding-right: 10px"><a href=3D"https= ://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzVkJOnVoZXqv2o7e6v8AroxaGqqIY38pCjOY2kHu4Hheg-3D-3DC7wH_I= 3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzN= Te7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvV= iIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MB= GCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhJ8OAr3u9LSS91O= 1QUJFk2UhW7Bd1k4toSbBy0ZMvYmEtlam5wjV7JAesiSGch9CCg4eRrmpzZAj6YRwi60r0s6C8t= v8PHNq5gbrBluasINfdmQVz2juOBL-2Bh7z3LCfVld9osSfkPEam3-2Fzwu6crpqPF9okTHVgYk= H3SgXkMY41I6CI7TdfKhD1pf9k2TSjMkftGcU-2FzrUr-2BcbShguUQoPtOB3dZtITw6Ry-2FxH= MK0BpRNQgboSH-2Bf2uciL6ToZ4-2BfElhSDgkeWemERw-2B6q9LbCM-3D" target=3D"_blan= k" style=3D"text-decoration: none"> <img src=3D"https://fonts.pitchbook.com= /newsletter/linkedin.png" width=3D"25" height=3D"25" alt=3D"in" style=3D"bo= rder: none; padding: 0 0 1px; vertical-align: middle;"> </a></td> <td style=3D"padding-right: 10px"><a href=3D"https= ://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzVkJOnVoZXqv2o7e6v8AroxlqWVnWaxbCt26CjRZzBEtg-3D-3DMVCz_I= 3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzN= Te7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvV= iIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MB= GCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhFMnmiAvAunYuKv= wiKCX4Z0Cimx8WRFmlGCWGt3f6dN-2F-2B2EI0HzHZa-2BBX7HYkLeTGdibsaUsnmA7row6JDfd= RMYmbkWOMY3m6DOrSDLo1b7nYtc0Au-2FvYoeOZgMYewI2mAyDkbOU6-2FaZa2Pf4q6Xiwr5Nnt= voKpzr22-2BByePYkVu8Ku4bmZgkrZjldBv6UjtTKZcYAafHClT2DWK6MyyE53Flm6ygoOSRDlp= DusNeN2fDmQUTC24-2Fjclx94TQc6IWlhczkN0e6wSJ80Hb-2BrS0EI-3D" target=3D"_blan= k" style=3D"text-decoration: none"> <img src=3D"https://fonts.pitchbook.com= /newsletter/twitter.png" width=3D"25" height=3D"25" alt=3D"twtr" style=3D"b= order: none; padding: 0 0 1px; vertical-align: middle;"> </a></td> <td><a href=3D"https://url6380.news.pitchbook.com/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVkJOnVoZXqv= 2o7e6v8AroxDMjZqwqVyIEc6ry1lwmTJg-3D-3DO2md_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwar= HkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfR= mFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf= 4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetB= igU5f-2BYis3RrRq5zUTNPRo7niUxYhNkZKbeWmn9R3svWu0XKHtIyvd0YsM1P09tIcqpJFOM09= Fk2XI-2BTSOPTVG59IGKJ8QRQPLh8qcM73h0knW-2BA5t2-2BgpoTt-2FyMu-2Bf8-2B4ARmNDL= H8S6-2F2x2Dy2bn6Ap007Vhp-2BejtnUV0lpaHQS4doDWsAX5r9KGiJSmy4EAvp6wEDLldoecmi= 85q-2BDkrQvKdLf0gzJahBFdSYHif1rhTleSK3Wb11qbN7noKiDslfdxGtYD73Oyk2LosIplxSX= -2BTKRct5948mKsG8eDq5iYyrFVMc-3D" target=3D"_blank" style=3D"text-decoratio= n: none"> <img src=3D"https://fonts.pitchbook.com/newsletter/facebook.png" = width=3D"25" height=3D"25" alt=3D"fb" style=3D"border: none; padding: 0 0 1= px; vertical-align: middle;"> </a></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <p>This email was sent to <a rel=3D"nofollow" style=3D"te= xt-decoration: underline; color: #1D5080">most@ponjosonek.com</a> via the P= itchBook Platform.</p> <p style=3D"margin-top: 14px">Click <a href=3D"https://ur= l6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrYCQ-2F7Wx= 1VdE7sYl12opJBSgX8wjgWQkjpY2yE70mtuFtQh5JMynEp-2F-2B0ZsygXiW0dASWMAkXrIC3kg= -2BeC0SuDoyGjKHmOSdfo63E0RLyaXhmtZcu9qypgyxWwak1NhA0coLyWLpIGucErQpvbIjaXQ-= 3DeZdo_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF= ZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8C= qDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZ= cugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhBmsrfL= GHPKPm58n576L2AaocHg6-2BXuJEVvPSfhkWdKkNYLQR-2BEbdc-2F6Pf1QpYYkvt1j1UCszkpc= pjbbpqHL9T1R4dAy0BNo-2FUB034W448tqUud0476aIKZcOZDL7fA71PnRwXdewn7KS-2BKfgYT= 9XWH6c0fZie7tCxRuOfuPzPsWXqtuL2W14-2BAYXUOvBLUyJxt1Bdc7QyKipkNk10Ejr8UfHOZ2= TR-2BV-2F3GF9vAgepyM3mlWs0r337elb8d-2FU9N5i0f-2FIBN0QsAu6zOPbgA9jzM-3D" tar= get=3D"_blank" style=3D"font-family: Roboto, Arial, sans-serif; font-size: = 10px; text-decoration: underline; color: #1D5080; -webkit-text-size-adjust:= none;">here</a> to manage your subscriptions, or if you no longer wish to = receive these emails, you can <a href=3D"https://url6380.news.pitchbook.com= /ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrVRvnzbxJbWwDftsHe-2FnJ3PNCbp5fVdg= UVvM0uKhBfShb0-2FXm4f84Oam-2FsIf-2BQHY-2F9cBWz93zxOvFSzafZw8LoNeS7HBprvPhxs= RX659VZdcmKyMzD4eMk3ZOd-2B-2B-2F0Y7oCpRRexO3AXTn7AxiLzOJmi1BNthQ7l1V7xQNEyy= ozi9x2g4_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8Pz= sFZU8nKlzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx= 8CqDdjsyvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KE= uZcugZV6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhM16L= MypZM908hB8n49jq8Y0Gm3SyoPLGAu-2Be-2BoBXe47xV2sffuV8hoq5z-2FxH51QIRc7sOkiSK= C0af954BenIDFEZl0XNqz3e7v9zFVoBpdtDCetdwzkuP2izk6Lyl0WhQRyIQO7DyduYgFUDnZza= 3rPCDBXnmhPd9SQ-2FmlV45NGs-2BLw-2FF1aHejaJDPA4lxsW4MZ3ZSuvlgbxf0fKp-2BnxRJd= 5jxx5vIvV2gIJLRbEFh7-2BTM06zzxoXzQQkoq7ECenGlHwdnNfq1AbqokF7AxzXw-3D" targe= t=3D"_blank" style=3D"font-family: Roboto, Arial, sans-serif; font-size: 10= px; text-decoration: underline; color: #1D5080; -webkit-text-size-adjust: n= one;">unsubscribe.</a></p> <p style=3D"margin-top: 14px">PitchBook Data Inc., 901 Fi= fth Avenue, Suite 1200, Seattle WA 98164, United States</p> <p style=3D"margin-top: 14px">=C2=A9 2026 PitchBook. Win = what's next. All rights reserved.<img width=3D'1' height=3D'1' opacity: 0; = style=3D'display:none !important; mso-hide: all;' src=3D'https://my.pitchbo= ok.com/ms/pixel?userId=3D3DABLZ54MOPJL5Q&eventSource=3D3DZQDXJQ6VUBAECQE7XY= 5D5PSLQI&emailId=3D3DTQ6CKBMFK5AKM&emailName=3D3D6H3WX3QH7CXEMMMBQSMFL245ZG= 625LDUYNYOD6M6QHVPV46EGQLU2DKV43QYFSZS&pixelPosition=3D3DPED7RLFD4GN3BVMRTF= QEHYZOOJCKA34MS5JA35Y.gif'/><br></p></td> </tr> </tbody> </table></td> <td lang=3D"x-sidebar-place" class=3D"side-bar" width=3D"160">= </td> </tr> </tbody> </table></td> </tr>=20 </tbody> </table><!--[if (gte mso 9)|(IE)]> </td> </tr> </table> <![endif]--></td> </tr> </tbody> </table> <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrYCQ-2F7Wx1VdE7sYl12opJBSrnS8sfA-2FdXQL6-2Bsw8UD0pK6q= R_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFZU8nK= lzNTe7RhvJgumqezPzJyDcMA1jCU7QMfRmFDoordl4h0XAWjVpPPwGksvZu4z9FCpvHx8CqDdjs= yvViIGZMJabwJGe4F-2BRxRIp0o8JzZWf4Inn4FkIvaUqLhJPxfTL2za1nk0tOvwA9KEuZcugZV= 6MBGCIQY2a6VY-2F5ebe4nmuQkIujFetBigU5f-2BYis3RrRq5zUTNPRo7niUxYhMg1KFmVpXHo= 4q1qiy6lr9WozypKaIqUmt0YaaFEQsg2-2BqVUVgmvNDo6hnqi9swDlFVejyEF-2Ftr3V3FSxue= CJC-2FHE1HDY39LM0jFBtHf8w1o4udZk1GcJkhM5mwCZSRgTbOAeKCVZZrhm8X5hwQnP-2BiK-2= BWJgTrytjclDkZpHkTz0mG-2BPnq9IuMInecP2EPMxqPQxOY6srVMaoMjomfMKlD4TQoRISD4Yv= m1pfNA4OTqHdjsTz5DMkyGCpJ6Wg2E250k9pvf3RZociPmS82hihic-3D" style=3D"display= : none"></a>=20 </body> </html>