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<!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: 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.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;"> Bigger= bonuses not always better; AI to lead medtech's next growth wave; Apollo g= rabs 50% of world's largest wind farm </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= 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cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"max-width: 620px;"= > =20 <tbody> <tr> <td class=3D"content" width=3D"100%" style=3D"min-width: 100%; pad= ding-left:5px; padding-right:5px;"> <table lang=3D"x-header" class=3D"container" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> =20 <tbody> <tr> <td> <table lang=3D"x-header-subscription" style=3D"min-width: 100= %; text-align: left;" cellspacing=3D"0" cellpadding=3D"0" align=3D"center" = width=3D"100%"> <tbody> <tr> <td class=3D"header-msg" style=3D"padding-top: 20px; paddi= ng-bottom: 28px; font-family: Roboto, Arial, sans-serif; fon= t-size: 11px; -webkit-text-size-adjust: 70%; text-size-ad= just:70%; -ms-text-size-adjust: 70%; text-align: center;">November 5, 2025 = | <a href=3D"https://url6380.news.pitchbook.co= m/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUSmHtjKlK= 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n-left:0 !important;padding-top:0 !important;padding-bottom:0 !important;pa= dding-right:0 !important;padding-left:0 !important;"/><img width=3D"141" he= ight=3D"39" src=3D"https://fonts.pitchbook.com/newsletter/pitchbook_morning= star_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>VC, = PE 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; padding-bottom: 38px"><span>= Your edge on global private capital markets</span></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-2BaqM7ONnvsnswouzUSmHtjKlKbIqk96EFLD-2BtJKKHk2ioQYQM7aL8CBcl7Kg-3D-3Dp= LgY_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIp= JLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2= L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6E= 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<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>Goo= d morning.</b> In today's Daily Pitch, we look at the 10% bump in year-end = bonuses for secondaries jobs, medtech's next growth wave and <a href=3D"htt= ps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSW= Irf6GFa-2BaqM7ONnvsnswouzUSmHtjKlKbIqk96EFLD-2BtJANXPQaSSBhUfnl8lzO960g-3D-= 3DDWJt_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsF= cIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-= 2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssM= s6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxU= aHaRE-2FkIbycIb6nqSuDJ1AOOWqD1FldccdaZgKI-2FCX2bK5h-2FmtySIYmYu4Pc1NzGp9NRz= pM0Mmm1QMIa8ewI8PwXO-2B4QXAd4Nun7wU8aMNPicyQjcV7b-2BP4AS-2BZqrpFTOfdTFSeH2u= LML4APC-2FRYh1rNDW3NxEyZ4lmjcuxedBkvM8ksOtQ5IXtlIf7ncBGhpjX8uCiBlW-2BSsBSV3= Ro2VudIgMDn-2FApPMetLQ2lcaO3JsVF-2BlV4ksqp1P8QZhtNa2yUyI0iVBfDryNcLCKmzrg-3= D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Sequoia's new = leadership</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> <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>Was= this newsletter forwarded to you? <b><a href=3D"https://url6380.news.pitch= book.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUS= mHtjKlKbIqk96EFLD-2BtJer8LjK51K81LZXkGNki38w-3D-3Dwlpj_I3w5d9c01gkD8gLzFEof= 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<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_574420" id=3D"n_574420" 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;"> Morningstar and PitchBook part= ner on new evergreen fund indexes </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 = Zane Carmean, Director of Quantitative Research</i><br><br> Morningstar and PitchBook have teamed up on = a new suite of investment indexes focused on evergreen funds, slated to bec= ome available in Q1 2026.<br><br> The <a href=3D"https://url6380.news.pitchboo= k.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzU= SmHtjKlKbIqk96EFLD-2BtJYccTBoaFTNjwHVyiMxPeZw-3D-3DwTql_I3w5d9c01gkD8gLzFEo= fZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15= WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26= or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8K= RwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1AKT= HFLlRaRlgfLOZp7DNOrzUXDQD1s23fSXjVekjHzOdh1CCmDve5brB4Tg0ay71zy60I8q-2F7qzl= KBEa2BEx6umxLWyKJ0B5IzIrADSknR53-2FVNhpyXcvpjRtg9DqqN1oMC156LDFtLV8VDO9dbOS= wdc3-2BxltiuUAUBuaeVllUT-2BCg2gstHT9sVUdS5KYfAlUQ5XPGR-2FM-2BpdGYgCzqzTIUtH= ryfZ7hnq0ewc3PNoD3aoZF6FzxqPPFS0WAu1lQ6pE-3D" style=3D"color: #1D5080;" tes= t=3D"" universal=3D"true"><b>Morningstar PitchBook US Evergreen Fund Indexe= s</b></a> will offer investors comprehensive, standardized peer group bench= marks designed to measure the performance of fast-growing evergreen funds.<= br><br> With US assets nearing $450 billion and proj= ected to surpass $1 trillion by the end of the decade, these evergreen=E2= =80=94or "semiliquid"=E2=80=94funds provide investors with access to privat= e market strategies with intermittent liquidity all in one place.<br><br> Yet as access broadens, allocators need bett= er tools to understand the risk and return profiles of these vehicles relat= ive to other private and public opportunities. Public benchmarks are helpfu= l reference points, but evergreen fund asset mixes and liquidity structures= differ meaningfully from listed equities or bonds.<br><br> Standard private market indexes, meanwhile, = are typically built around drawdown funds or gross returns of individual ho= ldings, limiting their comparability.</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-2BaqM7ONnvsnswouzUSmHtjKlKbIqk96EFLD-2BtJ3O0FXDy= EzRvjWJkutCJznQ-3D-3DgzPg_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5= tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCc= BhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZ= uUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1AlhSIw9NoQbHNjKnJLRDM2IBwsbPD6heQ= Gy-2F5wblU-2F-2BH1vnD79VhsRj0ShdSPpmer4EC9Dux9tU-2FNoUIbLKyGem57QSLt3-2BB1d= ZOJkXDrj6z3mKuSbPqY6FLVugLr0PDgNeuOwJDdA8u7vxnHNu-2BZ8iZPunjpUpV2dBq5aH-2F1= 2o1zKV01WrcnqKDeN25UPB4fMdtXS1dq1PaSybgwD7mW-2BOWMmL-2F-2Fqbi4-2BYxAMZAiyTZ= OrhPTs8ts0JrSi5QgjEnM-3D" universal=3D"true"> <img align=3D"center" alt=3D"= " src=3D"https://img.pitchbook.com/news/71235.png" style=3D"border: none; m= ax-width: 420px;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">The Mo= rningstar PitchBook US Evergreen Fund Indexes aims to bridge that gap. The = family of 10 benchmarks (which will be offered in both asset-weighted and e= qual-weighted formats) track interval and tender-offer funds, nontraded BDC= s, and REITs across private equity, credit, real estate, infrastructure, an= d multi-asset strategies.<br><br> As trillions of dollars flow from private we= alth into private markets, these benchmarks should provide a much-needed fr= amework for peer comparison, transparency and performance evaluation.</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-2BaqM7ONnvsnswouzUSmHtjKlKbIqk96EFLD-2BtJ3O0FXDyEzRvjWJkutCJznQ-3D-3= D-fhW_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFc= IpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2= F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs= 6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUa= HaRE-2FkIbycIb6nqSuDJ1B1WZYrQJmpBLFX8mqxaN6l67ZQLNpNJNAGIPx4-2BscCIcZz5ox-2= BYSvg0cbCDSlwxiulTCEWNFqKG3wbTfHFPMfY2DBSnT6BCluwmukPPexL4Fj8GqUzyum9PTiK41= BLBFnWe6jHIkrGn7loq-2Byz82oG7-2Bedx4lq3BT1kqyh2Q0K7omiT3IVieBPhSEdhxVfXrdh7= nj2-2FYZVDJ1lVofF-2BpD965NQoQAN77kNH11LGBaKScJBYG-2B3-2F8911e9-2BamrZOBQ-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">Here's our full breakdown on evergreen funds<img height=3D"24" s= rc=3D"https://fonts.pitchbook.com/newsletter/arrow-right.png" style=3D"vert= ical-align: middle; margin-left: 8px;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUSmHtjKlKbIqk9= 6EFLD-2BtJFlWoqHSziVTzAG4ZHRw0pg-3D-3DO3ld_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarH= kxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBM= ZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad= 6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVF= ilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1Cp8ujCEp3juF2S5i= wv36849DRoz2OwL-2Fvhg517TjHCTLineT4N3IKZjb2DceNxN-2Ferqv4ZEQWjPnsH0A8tc9bnp= DVpZNxkXmco-2FuiD5qX6C-2BjM8WwUMyIxyCVS1DlO9z8m0C5P27zTOha6pr8EVx5BMbBJ8iB6= XsBsgtAzlu-2BydEOWdu2NlWllTJkMmx8z5SN4FQM1J3-2Bx7kpSxuomVsNFIvY1R-2B73lalY0= W6aN7aek1JAgKdDWrKm-2BWFzV9SuaMc-3D" style=3D"color: #1D5080;" test=3D"" un= iversal=3D"true">Q1 2025 PitchBook Benchmarks (with preliminary Q2 2025 dat= a)</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 Allvue</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_574144" id=3D"n_574144" 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;"> Co-Sourcing: A Catalyst for Pr= ivate Capital Growth </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"right"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" style=3D"float: none; padding-left: 15px; "> <tbody> <tr> <td align=3D"right" style=3D"text-align: righ= t"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUSmHtjKlKbIqk96EFLD-2BtJKRXfGVT-2B7Y4= mUIBgnJRgtQ-3D-3DKR0l_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb= dWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOa= rmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM= -2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL= 8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1C6csjfr13lR6soV5liacurvRXDac2qXSekWuh= CfIoNuYzSma1SwMHu2FUSq4H1al1Xx66Agx8Lno25FoCIPCYjDOQhb6817NzLnup-2Be-2BpG6s= ihcWfG3c9folOvfZQWkjf19muVpgop0QiRchgX8g7x0OqiMPh1mwx7q7rY-2Fg6aSUb1SXWIxg4= KsiUFvwMKNGGbAueV3oG642gi0fE19ws-2FWW-2ByCXs9-2Fst9mLZX8nCN-2FBZJKWa2QcIi-2= BfBHWlgvaoo-3D"> <img align=3D"center" alt=3D"" src=3D"https://img.pitchboo= k.com/news/71147.png" style=3D"border: none; max-width: 420px;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table>Discover how co-sourcing empowers fun= d managers to stand out in a competitive market. As operational demands and= technology expectations rise, fund managers need smarter ways to scale.<br= ><br> Co-sourcing offers a new path forward by com= bining the expertise of fund administrators with the control of in-house op= erations. Allvue explores the strategic advantages of co-sourcing: ownershi= p of your data, software, and LP experience.<br><br> Download Allvue=E2=80=99s whitepaper today t= o learn how to leverage a co-sourcing approach to strengthen your operation= al edge, earn investor confidence, and position your firm for long term gro= wth.<br><br><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du0= 01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUSmHtjKlKbIqk96EFLD-2BtJKRXf= GVT-2B7Y4mUIBgnJRgtQ-3D-3Dxqkk_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2= F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5E= ZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQ= j0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQn= lDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1DEaOiUDecQ5UQ-2FUiODeHoLH9TE= pspOdgjbqcMysAVIfJ3YJOrOOP78cIV-2BNxYnmYt2fD-2B8MXeZVbiJtuFHxfKToOtgvL28ofN= kJOjlyX2Zl6Fam8ZjIL9ikbxtCWlXfRgxr-2FR-2BsX0NnyPpudL3-2FftG2K6vId3mZO5CsUva= apaSHg1kP8momXwl76WgEX8BQum-2F0do9hhpFZPk8ZMl4M1pxwuxruT14iKzCEBp5a4Z5jtURW= vCXn2XQYXbyiYiAtJE-3D" style=3D"color: #1D5080;" test=3D"">Download the whi= tepaper</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>AI is on the forefront of medtech's next growth wave</b>=E2=80=94fro= m smart implants to surgical navigation systems. <a href=3D"https://url6380= .news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq= M7ONnvsnswouzUSmHtjKlKbIqk96EFLD-2BtJeOlnvJW0NRS9aabFbBcxNw-3D-3DYqDg_I3w5d= 9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafS= L0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMH= EM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKX= Z-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIby= cIb6nqSuDJ1BiQsJzu3sKt979P-2FIJnGxQ1oMqbFzOKRmZau5dVIUkPJlkgsEX4X30gAQLv8KM= JkfNpeZzachLGS7NtDGFBu1-2FcaWg8Zq2YH3a-2FpQ-2BmTzrlypoVYF6BxnPf3qUppjswasUL= Zc9QCZgYAKEaC0nAog0Lkx8MCLvSkHjqyqF62wqHJsT-2FdWBmFupKByhb6QdqclEdO9-2BBXnA= -2BtlbwioMs7jhrZjzE4GvxSb88A-2BS-2B9TVuCPywJmkz52fY2fqoWvBM4E-3D" style=3D"= color: #1D5080;" test=3D"" universal=3D"true"><b>See what else our analysts= discovered</b></a><br><br> =E2=80=A2 <b>Apollo Global Management will i= nvest $6.5 billion</b> for a 50% stake in the world's largest wind farm. Th= e deal for Orsted's Hornsea 3 venture in the North Sea follows multibillion= -dollar investments in other European energy projects. <a href=3D"https://u= rl6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GF= a-2BaqM7ONnvsnswouzVxIoll8LkTYyOh8vRBaVGn-2Fb3oj4w4Sq-2F3YcBduWiEhw-3D-3Dbr= 2d_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJ= LIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L= 0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6Ew= EQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaR= E-2FkIbycIb6nqSuDJ1DnTmm4TX-2Fp6FPYl0d9Q7KyJKWEgtozPqH64iuuw-2BtkJu8CNnSNNn= 6ILvFGkuFgbsM1OiKmi5Y8LtfKstkHD6tuSDd7QifsoHcpdv7jt1jB4Kh2bCJeE5Rq6LEaJ51dl= -2FYyfoTY9yc0TendGY0uEzunS4bULRtfUToZI1s9E9e-2BMeIbVvYJJjkNOs8I30W9Gr-2BoQE= Lko9kTTdvqJiC2N3o7OjsXxMdgrjtPUzdNjU4Hz-2FsYtK-2BGezlwxdP0c1EVt6w-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Find out more</b></a><= br><br> =E2=80=A2 <b>More Apollo news</b>: In its Q3= earnings call, the firm's CEO said it will expand its private wealth busin= ess through partnerships with traditional asset managers, aiming to broaden= individual investor access to private assets. <a href=3D"https://url6380.n= ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7= ONnvsnswouzVxIoll8LkTYyOh8vRBaVGnjBV-2B-2B5UXNb3LIPPt1e-2F0Dw-3D-3DX-w0_I3w= 5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1Ka= fSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCx= MHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okj= KXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkI= bycIb6nqSuDJ1DAOgkXW69lLnD2AoTQZgO-2BRxNCLqZxH1AP7k4UwYjeOFGIeEjL9WThw0eyHc= 4rLPKCiSs3NM04IIjhuo-2FMz-2FdVK0uO10tqreyuRckpA4rg9nk8BEjHtm5sHBshJzonYB1uZ= hAQZ-2FDl9HqM46QCFH0uO9GtfN5QXUOtzqHfr7QB1UhU8fTX6CNiqEh4IsExi-2FTYWhnIFZX9= vNjBHwo-2B5xmyluqWJqsWx8PA3WvgUEX3k5nk1hu193gujzNk2zkHJUQ-3D" style=3D"colo= r: #1D5080;" test=3D"" universal=3D"true"><b>Read more</b></a><br><br> =E2=80=A2 <b>Our latest Global Markets Snaps= hot</b> breaks down a month of trends in the equity, debt and commodities m= arkets, and also features private market activity. <a href=3D"https://url63= 80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B= aqM7ONnvsnswouzVxIoll8LkTYyOh8vRBaVGnmyPYnL70kRnRKckdfTPGVg-3D-3DKyr6_I3w5d= 9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafS= L0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMH= EM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKX= Z-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIby= cIb6nqSuDJ1BF8yYEY8yB6S9J9sSwdldP1UqKATll6qQ9f2KMzY4GEK-2Bq7-2Bb3kVYGCKVGr6= 4gWWx8kAV-2FmKdJxZNLGWy6goXt0lG4WbaZb0ZFU1a9E7p9CAeNiE4I4S-2F4KrI-2B5r-2BcZ= bkVIRV7A5Pj5Q0Mvg9-2FFggomsilhocuJPps2Ng-2BK2Qoo5mVCWVv001AD-2Bq6jPHjHCHNcD= 1bpvIL8JwoOiY-2F6KyIBCEQL-2BCZWnvcenXTH3CvTonmmzlxZsN5WjVvEmzMFdo-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Here's our full breakd= own</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_574414" id=3D"n_574414" 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 be swayed by secondary m= arket's 10% bump to bonuses </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>By = Jessica Hamlin, Senior Funds Columnist</i><br><br> As private market professionals eagerly awai= t year-end bonuses, a top Wall Street compensation consultant warns against= chasing the biggest annual payout.<br><br> For the second consecutive year, secondaries= fund managers will receive bonuses that are 10% or higher than last year, = while PE and VC bonuses will be mostly flat, according to new data from fin= ancial compensation consultant Johnson Associates. But the stable career ch= oice remains in the two primary asset classes, according to the firm's foun= der and managing director, Alan Johnson.</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/ls/click?upn=3Du001.d4n7= 3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVxIoll8LkTYyOh8vRBaVGnbt40oME7ttNSv= BCSTUoYRg-3D-3DsL4W_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdW= eUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarm= DLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2= FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8n= ym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1B-2BCJnV0tRAcxsbrclvPoz6p-2FUfFkFsduWqF= AsK5XcEg-2BzyP5kPGkSjqBLV8-2FAj5X1xXSLV1M5WwC0xzLu6oS-2Fc8GKPSwFMf0kgXXSiTc= FIkpqmZjPjuz92f6kO0lyn9Zgyc81grcJJMCjZpPZrlfrYY8D6prwNCZmdba2ydNytfFoiXuZzG= 5Inr7HQWWRZoQuh-2FvTIKImGJVEdLaMGwh5rj1cMtSg0XADeP9aNziZaBLOGLPv9OehTRqRYoZ= 9fiXc-3D"> <img align=3D"center" alt=3D"" src=3D"https://img.pitchbook.com/= news/71232.png" style=3D"border: none; max-width: 420px;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">While = the promise of a lofty year-end check may entice talent to join the booming= secondary market, Johnson said he would still advise early-career talent t= o aim for a traditional PE or VC role. The larger and more mature markets, = compared to hot asset classes like secondaries and private credit, offer gr= eater stability for professionals looking for a long-term career choice.<br= ><br> On the less glamorous side, year-end compens= ation at middle-market PE shops will remain flat, and bonuses at large-cap = buyout firms will move anywhere from flat to a slight 5% increase year-over= -year, as the asset classes continue to struggle to return capital to LPs.<= br><br> In the private markets, Wall Street bonuses = depend on a combination of individual and firm-wide performance measures, f= rom a VP's ability to source lucrative deals to a flagship fund's IRR and a= firm's ability to fundraise.<br><br> Secondaries funds raised $70.9 billion in H1= 2025, a 20.4% trailing-four-quarter annual increase, as the asset class be= nefited from the PE and VC asset pileup in aging funds, according to PitchB= ook's latest Global Private Market Fundraising Report.<br><br> Meanwhile, PE and VC fundraising figures thr= ough the first six months of the year fell 34.4% and 35%, respectively. Of = the capital raised by PE and VC managers, the vast majority went to large-c= ap funds, placing stress on lower and middle-market firms.<br><br> Industry players expect this stress to lead = to a shakeout, or a period of firm failures and consolidation, which Johnso= n said will create more opportunities for new entrants and talent.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #40C2C9"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G= Fa-2BaqM7ONnvsnswouzVxIoll8LkTYyOh8vRBaVGnbt40oME7ttNSvBCSTUoYRg-3D-3DBUhH_= I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy= 1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wn= uCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3= okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2= FkIbycIb6nqSuDJ1ARUtvJU692U6ae44Z12DyhnlmOFkaFbbnMhfACtHk5TBnsFONi9g1uFBNXG= ITUBsxvgY-2FaI8n9W-2F5xT0sHoOrjnXAD8Lrku-2B-2FLJGhHQGUnvkp8v-2FjqnPBuah1nll= Sa-2BjvuNJSA9QDhsC-2FOvTWgMeQlkl0bohLRPIUABTM1jrTtUgCPmOJTgT9liDGWwpRLJgr8m= GEeX2jWDfKcsjdvsuu-2FwyzAQtVWMadEApc-2BWmYGt3fK1qKvM-2Fg7-2BFU2Icr-2FCcY-3D= " style=3D"font-family: Roboto, Arial, sans-serif; font-size: 18px; text-de= coration: none; color: black; padding-left: 3px" target=3D"_blank">Read mor= e<img height=3D"24" src=3D"https://fonts.pitchbook.com/newsletter/arrow-rig= ht.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 research:</i> <a href=3D"https://url6380.news.pitchbook.com/uni/ls/cli= ck?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVxIoll8LkTYyOh8vR= BaVGn27JsVkqPxQtfv-2BAAHAeHOQ-3D-3DkM6G_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxB= RFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu= -2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rz= y68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilE= WmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1BlyUrwWtwo3I2h0FNmv= YGX2eB-2BtobfHqr6JWQgXo5A9OQV7Hc7U6TO9CiBfY8-2BOBSbGTWDwr0M-2Fd5RUPpu5sOb0u= VSYQQGXcBZEdLqtkGNQfWG91uOmHDsgAbWQQFYYa7-2FNgDmpUFYjvLADFVuewh7v8JvoiU745l= px776iX6H5JuZm10-2FsJSUD0VgdmT77hRzwvRiNTnV4EzZQR6B4LThKOqafQ-2F2IGjH2wU-2B= L-2FjKjnHD0K-2F-2F56RLkz1M7nyv3nI-3D" style=3D"color: #1D5080;" test=3D"" u= niversal=3D"true"><b>Q2 2025 Global Private Market Fundraising Report</b></= a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Side Letters</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Sma= rt reads that caught our eye.</i><br><br> =E2=80=A2 <b>How cables underneath Europe's = longest beach could transform Portugal's economy.</b> The beach is becoming= a target for data center developers as they build AI infrastructure across= Europe. [<a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001= .d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVxIoll8LkTYyOh8vRBaVGnmo1qQGWs= g8I8fN95jJgbLw-3D-3D1MSk_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5t= POarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcB= hwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZu= UxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1A9rNcULivHD1eMXnVbZXEFsEyo9hlB-2Fd= Il1NcLJD8p2zsEESS7F65JWIMOcVS4jl3YcWjHYsU7XFeKRfK4xN90TtQbSlUS86lwjq-2B3LPk= PQM9uL0O9tD-2B4FN6ow-2FApUSnT5us-2FUvTk-2FXV2oUuAEuEcPLfBSi37qqFWETML30zfYe= GgRCWrJJCic-2FsMYnzHP1fVepV1XJyatj5sFL66HNtJEIcXWkInSnpdYwkMFM0b77usC-2B3g7= -2Fy7jphe2yYGXKg-3D" style=3D"color: #1D5080;" test=3D"">Bloomberg</a>]<br>= <br> =E2=80=A2 <b>Amazon is using robots to bring= brands like Pepsi and Kraft to Whole Foods.</b> Experiments across the cou= ntry are integrating mainstream brand names into the shopping experience of= the natural foods giant. [<a href=3D"https://url6380.news.pitchbook.com/ls= /click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVxIoll8LkTYyO= h8vRBaVGnI9-2FjVeOfKTvpqGF2TmTxCg-3D-3D6zmm_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwar= HkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SB= MZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2A= d6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJV= FilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1BIu6Wh1y29SS8-2= F39ZU-2BygaqpgjERSlAg5Br9dLLqp3g81e81ZBsu-2FulyGwRWI6OlPLFtKcSabU2ZxkDbMYBl= e9PSXb7tt7oBWMDss-2Fs-2FzeD-2B0-2F7qLWbU8aR0hknkkFBV8DWXJDXl8lX-2FUsMHYYISU= 5-2Bzv-2Bvc9TCp3oC-2B-2BmHYCprwbXDZIshOu8Qln6VRdD279-2BiXqew-2BKLP4OOZ6UK89= Q5ohQOB1rkLFLI5-2BiWEEIZqd-2F9udGIR3-2Fw5FH8L0sxQLU-3D" style=3D"color: #1D= 5080;" test=3D"">The Wall Street Journal</a>]<br><br> =E2=80=A2 <b>The crypto empire of President = Donald Trump's sons is held up by "the smaller guys."</b> Two boutique bank= s are capitalizing on a digital asset boom and having the right connections= . [<a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVxIoll8LkTYyOh8vRBaVGnXQnBfAFGbylFSK-= 2FEpjb7SA-3D-3DLE3y_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdW= eUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarm= DLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2= FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8n= ym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1ABD0XPJJ6AG7Gy-2BkLJJzn6lftU1W0vw6pbTZP= Skl7UbA5XItW3Lhpacy08ZD49BCOk8X3Z0fIoO5-2BeiOgHY3Ih-2BrBlnJ2vQh3ell1TdxMp-2= FaUPCSRexrS0LSAdeTRBDAA6y6DR1FoFlPDGILwmKg4nzFQhpTO8FKm9mgHKxXdgYgoW5DC1L-2= FDc-2FoizG6gpW8BbDBGrx7elbRef-2Fqn7e50N7TWwo9k-2FTBd3v3K1OM41d5trf3H2GrbKjs= Mg8JrgDbI-3D" style=3D"color: #1D5080;" test=3D"">Financial Times</a>]</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " 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100%;"> Companies </div></td> <td style=3D"display: inline-block; width: 23%= ; min-width: 23%; text-al= ign: center; float: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 31 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> Funds </div></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-counts-btn" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"height: 25px; line-height: 25px;"= ></td> </tr> <tr> <td align=3D"center" style=3D"padding: 0 133px= 13.3px 133px;"><!--[if mso]> <v:roundrect xmlns:v=3D"urn= :schemas-microsoft-com:vml" xmlns:w=3D"urn= :schemas-microsoft-com:office:word" href=3D"https://pitchbook.com/products/= platform" 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-2BaqM7ONnvsnswouzVxIoll8LkTYyOh8vRBaVGn43gcxR8RvOg4Vv1wStAO9g-3D-3DRoF= u_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJL= Iy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0= wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwE= Q3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE= -2FkIbycIb6nqSuDJ1CIpbscSVSqX6QxzzG4EeU97xjUIwCNaglDpTu1KpOuiukyJVBaZqc9ut8= u-2FGgplCwXLjLgjW91FnRxA25esnDfj4GIbAdA7l0uzcRFez0x446L9MB2Bm1JZw9364rW-2Bl= JJ2k9C1nwPbGT3wqr7UlmFoBVl01vFv0yL6NC2YA36b6rPA8k7s2jiO3R894BspOs83NgDFM0Rw= Jk3B-2By5W0UTJ5Vq7cyDuS7qZBpiJswShD8Nr-2Fh7HzoBUGvNeBcmJ2c-3D" target=3D"_b= lank" style=3D"display: block; font-family: Robo= to, Arial, sans-serif; font-size: 12px; color: #000000; text-decoration: = none; line-height: 24px= ; text-align: cente= r; padding: 9.5px 21= .5px; border-radius: 99= 9px; background-color:= #F79B3E;"> Request a free trial </a> </td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;"= ></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> <td style=3D"width: 20px; min-width: 20px;"></td> </tr> </tbody> </table></td> </tr> <tr> <td height=3D"20" style=3D"line-height: 20px;"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_574421" id=3D"n_574421" 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: 2018 Vint= age Global Real Assets 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: 60.122699386503065%; m= in-width: 60.122699386503065%; max-width: 60.122699386503065%; background-c= olor: #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">10.78%</td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"font-size: 16px; font-weight: 700= ; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1= 0px;">Top Quartile IRR</td> </tr> <tr> <td style=3D"padding: 0 0 12px 0;"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 100%; min-width: 100%;= max-width: 100%; background-color: #40C2C9;"> <tbody> <tr> <td align=3D"right" style=3D"padding: 0 4px 0= 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,= sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">17.93%</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;"> 0.36x </div> <div style=3D"font-family: Roboto, Arial, san= s-serif; color: #000000; font-size: 16px; font-weight: 24px; padding: 0 0 3= 0px 0; float: none;"> Median DPI </div></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-performers" style=3D"min-width: 100%;" width=3D"100%"> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" class=3D"performer-title" lang=3D"x-performer-title" style=3D"co= lor: #000000; min-width: 100%;" width=3D"100%"> <tbody> <tr> <td height=3D"22" style=3D"padding: 0 10px 0 = 5px; line-height: 24px; font-size: 14px; font-weight: 700; font-family: Roboto, Arial, sans-serif;" width=3D"80%">Select top performe= rs</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" class=3D"performer-content" lang=3D"x-performer-content" style= =3D"min-width: 100%; font-size: 14px; line-height: 24px; color: #1D5080;" w= idth=3D"100%"> <tbody> <tr> <td height=3D"22" style=3D"padding: 15px 10px= 0 5px;" valign=3D"middle" width=3D"80%"><a href=3D"https://url6380.news.pi= tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn= swouzXLZ6Ei7g9KK38sbR-2F2VtkhEJ-2Fb9VzSxJv6njt9ehKhmg-3D-3Dq6n2_I3w5d9c01gk= D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BR= tTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sks= JToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2Bca= zpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nq= SuDJ1DZ8EZ9GQvL5lMFok9iBBWa3kwzoRR3JGnVi8X6RHpVdD7OebYbGF-2BxGfkH4fFIIZyBRg= yOlaYPj9yD79oGmucz9Jv57JOQNGR1nV7BwpMNkHBnjBRnXh7gqda-2B8tOpzvDf5wwcFRca44c= -2Bzum5L6c36QZDPEnaz-2B2-2BykqAvDdUAMeeWth0Khgt90gFtsx6JvSiDjy54T7XUWbyudD4= kyH6hnkebOj4taApnc8tsTsv53QHtpTX0G7fSR5RNMwuNP4-3D" style=3D"font-size: 14p= x; line-height: 24px; color: #1D5080;" universal=3D"true">MAP RE 2018 </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= swouzXLZ6Ei7g9KK38sbR-2F2VtkhEXYXxFTUSVsCi4JnmRmNRw-3D-3DAolo_I3w5d9c01gkD8= gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtT= vHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJT= oues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2Bcazp= WdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSu= DJ1C8qP-2F2K1dFmzKMkVfDt0zyP2iYySZHfTK9-2FTtdef2SPXCsBebd55aSDbsYFZP5RqqE-2= BPyHrI6B-2BLn-2FtoOWh-2FH7qkT2nUDTetwl8iv1q8KtdFdgIAPrMMkQSqBhWYgiO8uSI788B= J1-2F2IxgNiFy0-2FNwcQYeDKPCPopTMs2ZpocMM7JnQ-2BR1IRRryWXh6Ez-2BWotyNuPJ8Cf9= mAxdeqfZwzdAMoWhh8nrXq1BUdoO6rldOd7RuYipb15PPFht50rOF8o-3D" style=3D"font-s= ize: 14px; line-height: 24px; color: #1D5080;" universal=3D"true">Kayne Pri= vate Energy Income Fund II </a></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" class=3D"performer-content" lang=3D"x-performer-content" style= =3D"min-width: 100%; font-size: 14px; line-height: 24px; color: #1D5080;" w= idth=3D"100%"> <tbody> <tr> <td height=3D"22" style=3D"padding: 15px 10px= 0 5px;" valign=3D"middle" width=3D"80%"><a href=3D"https://url6380.news.pi= tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn= swouzXLZ6Ei7g9KK38sbR-2F2Vtkh96FEOI-2FTzSKWssiWsPr8lg-3D-3DcL9W_I3w5d9c01gk= D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BR= tTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sks= JToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2Bca= zpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nq= SuDJ1By2jKGKtZxMrhPAyhughwKMx79yziCmD54H9JW4XHIgtIGHPazm3-2FzcJyypeUX8EUjOU= MS15Dc3ETjiK2D24wSiwZ7vSHr7UceZcWueRP1sWUTush8W3OZZTVijlGBehBiQ37WMRN5WfS2U= iU4cF-2Bv81WJZt3DUN4CfRMQdOwIOkoPowlege4jiPgYlrwToRP0iRV920ywwUzllXPKO-2B29= 8USgsG8ZMPpLPXYWFab7u9DeA-2BdC9MB-2BM9O9J66kDVA-3D" style=3D"font-size: 14p= x; line-height: 24px; color: #1D5080;" universal=3D"true">Grey Rock Energy = Fund III </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-2BaqM7ONnvsnswouzXLZ6Ei7g9KK38sbR-2F2VtkhUQxL= PZ7kBHYb-2F7xsxAgrqA-3D-3Dk5eE_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2= F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5E= ZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQ= j0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQn= lDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1ByTOkP-2BYAh0172y7BZOofIzppY= 3aB4tIkNl700bW-2FlKSlDePLeJl0wL2vZ3NSTrIZEhgfimIHr0lSFLwNWBnab5QVXgZWoprbYC= PLCjBWMBAdLY6Fn0Axc2WBKY1dqXWf20BDqTXdpuiweLObyR1sfWmV2iAGos4hFJeJRX2YO6s2k= lzJ0DmHr0aeSznWeK78Tfw32xGsDVHFBa3nUPoOyp64Ud6Ie7ejBT72BGDSlPUfA9wIo1JAhcG-= 2FRVHwVCPQ-3D" style=3D"font-family: Roboto, Arial, sans-serif; color: #1D5= 080; font-size: 14px; font-weight: 700; line-height: 24px;" universal=3D"tr= ue">46 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-2BaqM7ONnvsnswouzXLZ6Ei7= g9KK38sbR-2F2VtkhU64XS-2FuJOIO-2FsUBF23-2BI-2FA-3D-3DREU__I3w5d9c01gkD8gLzF= EofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc= 15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues= 26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY= 8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1B= stxA92vuAOmDWkcMzramsUhEWKA-2Fnnxaz-2FZJUvR6EYNNlE7bgOgHhI9v7qeEqizn3TOsOFy= mt6a4EzyULyHD-2FCLYq3NI0D8ccVJcXRgnIrzLExk2dh6E-2BHIvLwg-2FEHnWvRgF7IlC-2Bb= DEC1h1REaZC2RHM1AvVT8xe4NEasFRqKX7f9hs6jrQqVtFOeY-2F8nF-2BY1AcsG-2FivvFJAN-= 2FtFBryuNXpRLCBRLcWEksxh-2BBm5nJUkhasUgjVtOJkmKjT90fY-3D" style=3D"color: #= 1D5080;" test=3D"" universal=3D"true">PitchBook Benchmarks</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>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">Toront= o-based <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXLZ6Ei7g9KK38sbR-2F2Vtk= hdGSgKpKFgt7oDiyLZA7jyA-3D-3DFcfC_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmz= y-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlM= S5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3= NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7= JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1AKox-2BW-2F-2B0jRdjQn4ZmT= 0u7K7g2Y7IwoS97gJ0dg3o3vDEDzakxr-2FpFoV-2BLy0jgdC99eCDS-2BairwlGLc1TgUHognR= TSVn-2FzxRTkit-2BfnXiEL3nHCdocCK03F5MB-2BQL9fygKxdN-2BhjbzlEfynq10lXxs6sXa-= 2FFv-2FCEf-2BF8q2u5vhWngSiSf5Po-2FP7d0javqEtWrLtL4D2K9Mty-2BcuDKYLZSCXB0JCM= uNEyetJHu-2FC-2B1b-2Fggk3-2FJwCUHrKpcbhYtyGGM-3D" style=3D"color: #1D5080;"= test=3D"" universal=3D"true">Beacon Software</a></b> raised a $250 million= Series B co-led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/cl= ick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXLZ6Ei7g9KK38sbR= -2F2Vtkhv4r8pTIm-2F1Bfg27J9DiQLw-3D-3DiMKh_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarH= kxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBM= ZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad= 6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVF= ilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1AWJvpPMkzdcQwC6R= GNkssgSnJAqOdnz4pUzm5QuxxKNE7bWzFSNEhsFuRaEzcPjWJCd9I7UzniNxCkhJWqcxQzYyj95= 4EhbaKyQJeEJJrPA0sx933PIUrfN8yx9iviuztd1RfsiD-2B0idWS2PzUq21kEgCzy1Cu-2FqIE= kqlE2NFCSrlB9WP2xoV4wUUpOmtf7WeCJzrKQjL08q0Y6kZy9qCB99KG9i0Tk-2FjvZj2IuzXBI= 1w6InOJ4UzYJRlpbfqSYKU-3D" style=3D"color: #1D5080;" test=3D"" universal=3D= "true">General Catalyst</a>, <a href=3D"https://url6380.news.pitchbook.com/= uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXLZ6Ei7= g9KK38sbR-2F2VtkheIpM-2FVn1Nr-2FGTUJrilywfA-3D-3DdSb9_I3w5d9c01gkD8gLzFEofZ= R-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15Wb= dE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or= -2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRw= gB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1DktC2= HS-2F0oLMreLNWwxv0mTlhtgelGNuHoZrXCJ7rAiEPUvyVkRK0gDbU-2F1MOZ5-2FHHLAIBeB1x= 2G6Tt8mJDj5SSTgvS9gmPGvq9pbaDEkBBtBto-2FxZFhpSnke2VNM6h9mQ8f6YEVQsgjG6FQlpR= 39rL7Lh7HK8SHKd-2FxdN30VU9H7DlQyA3RBPEUB9YNy1rPelz-2FYPe6sHdL2fBD7-2FXl04Su= ANMRE1y9xYtJbCnOB3CukgjQmzH5H6t1Yeb9pg8PM-3D" style=3D"color: #1D5080;" tes= t=3D"" universal=3D"true">Lightspeed</a> and <a href=3D"https://url6380.new= s.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ON= nvsnswouzXLZ6Ei7g9KK38sbR-2F2VtkhMHHesAY-2FaRHKUMtxG-2B-2Fz-2BQ-3D-3DYhUm_I= 3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1= KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnu= CxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3o= kjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2F= kIbycIb6nqSuDJ1Anwt8xyO8JI6grZboKaQShP-2FL7VzU9z1aViw4cEs5FZ3fhqCzExz0-2FZw= veWIvnm3CpxJinbb1PAes-2F4cbyr0-2FDHyfK9S3yY7-2FD7ElCc5c7zXYWU35ONltpXvrrzrH= BFXMexVcoJifzhBX77XC4YmPxbYCNNnBKFnme2nLezLxGU6LGQiHVlPkQ1Ze-2B-2F-2FiGuatX= U6-2BeFkKQKSArWTO46MbquLVVei8y599oZ3YYKs2ahZQJpShb-2Bn1AoD6WKzX4MjI-3D" sty= le=3D"color: #1D5080;" test=3D"" universal=3D"true">D1 Capital</a>.<br><br>= <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4= n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXLZ6Ei7g9KK38sbR-2F2VtkhDtPv94Y3u= L9ouEkSPRKDhw-3D-3DaHsd_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb= cbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tP= OarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBh= wM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuU= xL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1CZrSiO5Ocz0h797hsW1cEKPN817OdSjP7fx= MDMkFA8iQ-2FExBFKq565lfnC5dPDoQWlCngiqdcUD3B-2B6nT31nG61XkriNDMWQatVisyz5yC= 7xHx2ZmS9Jx4Hp4023P4ibNK5iihxmGZGebtvurecoLXA-2BWcm1xCtElg-2Bj-2FHXm2yh2ZJa= 3z9jo3es1mdCDeXwtMf9NOLcl4VpcxLKDFQuQwASPM0p-2BK0bLgcOVR4-2Fd0enju7ZJZ-2Fci= f6CuCnuL9GOUQ-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Hi= ppocratic AI</a></b>, a startup developing AI healthcare agents, raised a $= 126 million Series C led by <a href=3D"https://url6380.news.pitchbook.com/u= ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVlK4W5XX= 35uetGGwn1nyCle2Uo10R1jbBV9r-2BctyzjgA-3D-3DHlXG_I3w5d9c01gkD8gLzFEofZR-2Bh= 6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23r= W28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYE= xnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91S= R8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1CICeowpmCE= bSAmSncRDsGBuztbMvFfmYtZpLj-2BYg19ef1C14-2FnpeNow-2BARYOcnDbGsJvlPTR3jweNkm= Bv35dLVihKrrqua18wgjtjyuSQMWBE1SXhbQ9mScOCHn7X-2BHmtaKs9Sh2lylaJAiGmsCNbFHR= -2FkJuab3wVBBOW7ZXrBDWisEsitvuImnKO5a4A0-2BFjTGNvSv-2FZB2Fu6LOgzEpLYWLvvJ3G= 4bfl6PkIaDLd1ahxZv6gTiLxNlVOmHZGUC0A-3D" style=3D"color: #1D5080;" test=3D"= " universal=3D"true">Avenir Growth</a> at a $3.5 billion valuation.<br><br> Healthtech company <b><a href=3D"https://url= 6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-= 2BaqM7ONnvsnswouzVlK4W5XX35uetGGwn1nyClMYKNgZcDS73ZV5NmEwWvrg-3D-3DzQMH_I3w= 5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1Ka= fSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCx= MHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okj= KXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkI= bycIb6nqSuDJ1AOgiOyjxNskf1sr-2F-2BtaWn9gx44p0U0OEqHkEIoWfFS7jSTgZo7ClSSd2Yf= QGxeAke1e85RDcxictGH-2FJlBky-2FOA1s9jH1k8dlEi6kwKa82sMVvLABVBS9z3gk1279szuK= mJ3d9htqXxICRoB48huHkmVlh9DUnOh2Ugh3IPeLeScC2kz0HaUnNChcTJTq9cxaEhAsPiL5AL-= 2B8ad8CJDaPslgs5yZky5wFQdZBXzY-2BM0ULRSS2fzzYGe31P4ARDqus-3D" style=3D"colo= r: #1D5080;" test=3D"" universal=3D"true">Tala Health</a></b> secured a $10= 0 million seed round led by <a href=3D"https://url6380.news.pitchbook.com/u= ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVlK4W5XX= 35uetGGwn1nyClwtFxaU-2B92s8BCx7H-2F5kCkg-3D-3DVjj1_I3w5d9c01gkD8gLzFEofZR-2= Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE2= 3rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2B= YExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB9= 1SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1D6qv7cqJ= BLAmG3JV0OBjrfv830y51m4aJIGWjq2B8fCTha1yjOiQdE3jFfYW2DqwaB7aVzXc9XYdrOt4b3F= fb4aXL-2BCgcVANh-2FYoF6DQYpIJKmO3oW1ZSo5-2BcI7dV9YJxhyqNHQBnbvuXNojcx3xJVYj= RePDhObprGUUjihUZaD5DyaTEQzVDsXoJQCA7UIGiXc7zZS5e5ZKGZB6i8KuS035VwmZjKCSRVm= Amv-2Ffmu-2BuBktk7Pg6Hu-2BhLrupELpSY-3D" style=3D"color: #1D5080;" test=3D"= " universal=3D"true">Sofreh Capital</a>.<br><br> Biotech startup <b><a href=3D"https://url638= 0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzVlK4W5XX35uetGGwn1nyClfEw1I-2BgTsZ0TTr9Q8nvXmg-3D-3DdvjW_I3w5= d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1Kaf= SL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxM= HEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjK= XZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIb= ycIb6nqSuDJ1DhqydIUgLLjTz7rjckuAFXPCY5JIzoqqSyUzkOTLB0iU-2BniNXeAKP4v88xzUG= lOutLIcEO-2BwHAY4ijSvlJbARBoQVYuNHFFSYa1SGZQVrC2mqXAk1PQFjs3Bx0YElhaw2T-2Bg= 2OKnUdUFNMrHWr4nzXBUBwKQwIoE4ShOEmxXB10BTi-2BeDG2Qp-2Fl1ipER0g0AYeeSy2Z6zs8= LNuS-2Bn4xSGY2-2BOg6Wxx1Q933mI7TjS6H7xPhTQz-2FRmHAqIUaO5tG6I-3D" style=3D"c= olor: #1D5080;" test=3D"" universal=3D"true">Azalea Therapeutics</a></b> la= unched and raised $82 million across its seed and Series A rounds. The $65 = million Series A was led by <a href=3D"https://url6380.news.pitchbook.com/u= ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVlK4W5XX= 35uetGGwn1nyClyMci3WiO92lfGLa9-2F8jY6A-3D-3Dqgmd_I3w5d9c01gkD8gLzFEofZR-2Bh= 6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23r= W28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYE= xnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91S= R8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1DNhLrB9OvI= YCGqIZu0vXizjWl9GNoGkDYZgvPpw-2FU2FhhwhYhveLioXqNwYhX7aIF0kZZhE0DSuM5-2FwSs= HM8UbzlfdQbj5tXhKiwggF2Ss9JF-2FURuxU3C9PZslSQ57NwXpDVh0VsWT09iHF4WMPlp8Cuze= 2ZX-2B-2BW9-2BDFAmGeu1lHdJDVxqiTiuv04NOj2KTEuETbq9F3rMejLdZxCz9Udu53d9FE3vY= Dqg85Y8n-2FzFDT6-2FZOTJd7RokQIGbKiAJ58-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Third Rock Ventures</a>.<br><br> German five-a-side soccer league organizer <= b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVlK4W5XX35uetGGwn1nyClKXdpEJIPt4z2= WIK9saAxHg-3D-3DIRjH_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbd= WeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOar= mDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-= 2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8= nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1BVNIzncG5tAQEJqgU-2BYDxhXtK4-2FfpcWPwZ= atH9PzCZKzOUbxwPWjiwqFQj671Bw17vIWbA1WDjIS0mFhbCE72YoRsAe-2FAO9puWxSrQxWSEc= wSV6EWwNB0d-2FuS7Xy6smnliYjcGofXImNUyDfyG62a2zEBSfG2QmWHMyoXxbm1FqxH0Q08IWa= PfQi-2FvnKCTjkUy4gRnVrz8NCD7RjOwkp4hhkRVjatrpQ0MuNUHk8wN6suapaNlXJRTo5FCX5n= cp8U-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">The Icon Le= ague</a></b> raised a =E2=82=AC15 million Series A led by <a href=3D"https:= //url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 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<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-2BaqM7ONnvsnswouzVlK4W5XX35uetGGwn1nyClXEAbTqyYmoTMzC3pdBqO= lg-3D-3Dgvut_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0= m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tl= oSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHk= 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2rM2JpESeJ8V0itLGyA9yHg8us20agNOORTlZrdUCYCy7PL2N8DWoQl6fRW8LQiV5eu1W-2BRky= 3YsD579Y85EPPzJ4Jx-2F7Tw-2Fk7sH59Atfp-2FFGXN1If5CGzyWHbLgzwE-2Bc-2BDB6-2FnG= BO-2FFa7ZKnOjmi1WeO6wp8gHeeq5otKFzj3jzr0Qf-2FPkLxvfhDE6r2ti23gttAJFgfltW2Ho= Xa0wEfuWXNTv-2F4T3X61VTpRXQ16krN1dc-3D" style=3D"color: #1D5080;" test=3D""= universal=3D"true">Starbucks</a>' <b><a href=3D"https://url6380.news.pitch= book.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswo= uzVlK4W5XX35uetGGwn1nyCleDMew1O1tJQNGhjTb2LoRg-3D-3DvUKQ_I3w5d9c01gkD8gLzFE= ofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc1= 5WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues2= 6or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8= KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1Co= rqavMBWYCVbHGEgvuoCTOBGBHE5KHSkDqg16EP-2B1bV8LuPDDGN5U7QBaFhQyNysrffk-2FfHo= 9hu-2B7ltb9gPdIYIy4KaX-2FtsRIrIKgGzeFY1T8qXtXTMKA7JSY9ymWcinhuubQSvReZQWWb3= 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BaLFlXZO1TUoR21dLhFs-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"t= rue">Blackstone Life Sciences</a> is investing $700 million into NYSE-liste= d drug developer <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/cl= ick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWjY8gDdVvL0Lv5mW= eZCRfXt-2FcEk-2F0Cl9Qr6bIkGocqXA-3D-3DTEFO_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarH= kxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBM= ZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad= 6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVF= ilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1B8wH0TmlwfwKMHTW= uhQpWU3dJm-2Br7WlITqOgc8jNj2-2BT-2BhpzqrncWqCkDnxxIqmRy8jNdKKM97jfcCWVfWXp6= QOkM97CkX9EF1rlawZOFvcOgN6LphsxO-2FGWSchM1lZ4Zki3LwB0TjC7oVg0SemcD9x-2BmLqE= j9g53ygvL8eiJRRHS6xOuYt9aKYKeCCWrQcRfgok96bkLziFZyPqxnPWxxBhQK7mnr9v0jSwdxp= bOmLbPZlNpYV93-2Bvg45Mi0StG0-3D" style=3D"color: #1D5080;" test=3D"" univer= sal=3D"true">Merck</a></b> in order to develop a new cancer therapy.<br><br= > An affiliate of <a href=3D"https://url6380.n= ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7= ONnvsnswouzWjY8gDdVvL0Lv5mWeZCRfXjFDHIj8FgJ8aP-2Fy5aCCuIQ-3D-3DMGwN_I3w5d9c= 01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0= -2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM= 6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-= 2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycI= b6nqSuDJ1AW8t2fY-2BtQlEchOV4Xp7Yu-2FmZvDQl-2B8Xh62anH8Y-2BBS-2FDpzmyr7j37yC= beyXWT9dx31-2FDD3phKkZXzgx7iGykn047IOilrTJUkXHcuFt54MFUWKFXlieiOROt-2B1crQV= OA29IqUHRiY4aGXxrIhJrEGYTkGKdcwUwQF-2BVRtozHfUiDXNJk5qK2YUgV8o8WbEGz-2FYKJg= ZIBzLUgJRjNqeLLbRvDYDsuQGmTg4Jn8YADdMGYZX0twSXgr-2BaIXsqh707w-3D" style=3D"= color: #1D5080;" test=3D"" universal=3D"true">GRP Energy Capital</a> and <a= href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br= X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWjY8gDdVvL0Lv5mWeZCRfXhvSMHzyZdXyEwg5c= BlblUQ-3D-3DbEMS_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUg= FVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLS= q6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOB= MjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6= Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1AaRsC5aXBGZ7SYrpr-2F1kq-2FxLNheUqndx-2BbO3= CIWQEO16Zeqm7riSoz4PwrrbmXiZKY9v-2BBK2sBPkEVrfqidp3WlXp9veQ-2B4CNsVnMSOuDtn= s2YISN2OwsQcRqxhUkyegBcy73n-2FpSOcsOuhbMolI-2BvmryGAiWecBf4kt8IFRtg-2BjWIhT= qD46yDP-2BPtjlnJ1dkkuPbL45eW4fPq0F8CNCVO9bVsMYs80z1W6QCMAfCmAVfxuoJ4Uwh3g6v= OCWP6TRo-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Warwick= Capital Partners</a> is acquiring the <a href=3D"https://url6380.news.pitc= hbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnsw= 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FVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLS= q6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOB= MjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6= Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1AaE1-2B7c-2F7Fq5mAhFweW7Xfz-2F5uKWlYC9-2Fu= wsTafancze4OyklkXQEPHEOC-2FV68BINb2rUllWzXG2sFD15pZdtAuuq40V9EhfLL2byJ7ylKb= 9lUKyZ434dGV-2BubB7mQlScHciaZPYCyMES81vKMy2CxAUXk7XhxYL2SgPqceCTqcJU2d4mJ0S= 1VT-2FtZ-2BpofKIGj2F9-2BqzDF5Y983MwLzM5Yb8iSxr5wXYHrHojKXnJg2abxOTy-2BK0rVk= pSqb-2BicVik-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Vip= er Energy</a>, a subsidiary of <a href=3D"https://url6380.news.pitchbook.co= m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWjY8g= DdVvL0Lv5mWeZCRfXthvXkv2mU5ikCO3uDejTRA-3D-3D7iQu_I3w5d9c01gkD8gLzFEofZR-2B= h6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23= rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BY= 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QMZ-2FQEgMv1o3ejpRRfHI-2FwH9eq6-2FtyhQVFx7IwYsrmevbAU5ALkwEKnSZswNovIDmpZp3= 7bEWM0ODPNzrluZETGQeOsQhUHEVLDN9-2B3LWOXP2lJ1wBC57EOlVxff6xpKl1htja5ccxtCnF= e13JjYaMa0Oor5jy93l4QkCzgrG2NWwTbeJsDifEGmLjhYAaj4gu8u-2FFExslbbmvFxQaLBXp-= 2BuHaOJub-2BD5KMiPkB6hifz7YI-3D" style=3D"color: #1D5080;" test=3D"" univer= sal=3D"true">Treville Capital</a> agreed to acquire restaurant chain <b><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWjY8gDdVvL0Lv5mWeZCRfXxrdWkzyd-2BVin6mn= Y0AWdDA-3D-3DNLEI_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeU= gFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDL= Sq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FO= BMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym= 6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1BHhXcV6SzF7zQgImqHqfXPNUcwCUKgMxddjx1aaDN= EU2X03GtANG1SijWyNh1nKN0k4Bmg8x5IdbWu-2FC-2FAYWgLhk6xYUrtpOXqyzH6xNDXMXx4AJ= XGUcChkVFOZ7v8XpW-2BhmiyONc6WtsiesIgcA9ibWl9lbXMiY-2FuMTovw3OXL2qpOG9PCMj7P= kKx-2FlrbWelL2ajZlghH9qx34dogMIQ-2FWCy9ahmKg-2BgbJ2vu2hiUATp-2FkuFwtqG7HEBQ= lFhXKuA-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Denny's<= /a></b> in a $620 million take-private deal.<br><br><a href=3D"https://url6= 380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2= BaqM7ONnvsnswouzX2yn9bAN4LEyJUPSL8MLXi6sEl6ekh4kUGw-2BuJM5D95A-3D-3DvnBk_I3= w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1K= afSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuC= xMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3ok= jKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2Fk= IbycIb6nqSuDJ1DnqCiSg5wY6j4ATWmSvDu7hQECH4TMW3h-2FdQjsTMEObujENExo67zylE3A-= 2FG-2Bu7K1zIi3hNZ8ICrDczEywMWXAWtNtGfsFqOpPkQeJu2GKkG-2B-2B3-2F-2FUgdwGUSz6= d4HOoN6noZ0fJvfN0VBCpnANwx9kjq5bGYo-2BIi9TdDyTJVFnIHpbRW802qvSAtsp-2B4Wwden= lwUoukCjjgDUQGc7OF78g0RwHvFSUPQumxBx1qKeAyJjEpxeSA8GkvsbTJbGZqdY-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">BID Equity</a> acquired <= b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX2yn9bAN4LEyJUPSL8MLXiW2JGciYHeKSO= T4c9i5Z-2BFw-3D-3D11or_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbc= bdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPO= armDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhw= M-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUx= L8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1Dz0-2F9Y3XhF4pks9b5I1qvaq1jcxns8HfDR= QQANMeq3xXER889RdpExomqhTZ2JgQ6zgcjasAlzICAeUY-2FnKjovnQxzvhIFWY-2FSNG4uatC= hpAXJrXzKnlewJj-2B41Ay1OPzaqGdgUBSOvA45rCayQ4-2BwTXfOC3j4s-2BHjDVXL2Ye-2BXh= taYUHrFwq5hVoMLP6p4H8UZrqH-2FwO8IKA0Nwcc6zL08EsL-2BPNBCff3zZ7Hk6YSXiu0PIhLZ= ALFWbE3zND4zRc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">C= useum</a></b>, the developer of engagement software for museums.<br><br><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX2yn9bAN4LEyJUPSL8MLXi1goMDwqv-2FNeplss= d-2FbQUnQ-3D-3DEeJg_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdW= eUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarm= DLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2= FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8n= ym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1CHzKzFFL-2FzysaRQwz5qOITmFyf6D7wEeGu9gQ= hJ8gtcvsvYjYXV7nx5nyO-2FVij9mbSTwbEHqmOBUs0drvAUt8kNO80dNXPAPbE7bVcWXHgR42A= yslQfIMdttPFW8cDb88VUN2G-2Fdvj2flNnf17nXl5eaTNsl9Id4grqTNkFzUmhpNRzvEJvxnwE= ySbmti1bKfFSWHgytfdWKotxUW7lcwY1uy-2BZ-2Ft069BUiE6eNYfpQBKDShVMLglfMOP-2Bed= 5Eo3A-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">L Squared = Capital Partners</a> invested in New York City-based <b><a href=3D"https://= url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G= Fa-2BaqM7ONnvsnswouzX2yn9bAN4LEyJUPSL8MLXiDfYCk4cELXwnarQAVBk7NQ-3D-3D5zZw_= I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy= 1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wn= uCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3= okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2= FkIbycIb6nqSuDJ1DdT5tj5PO7NP76owU5huPKm-2FXne4GeC5sIMcXv40UBhVSLAtYV8BbDl-2= FDX17Uak9szx64N-2Bqe94E4-2FQ-2BrF-2FA-2F1uESPJ2Xo6pdl3QtT1az8bSf3ynQc-2BUAS= K6D5mOHrlWQ0VfMGrXZTD4vbg85XaNrjduSF3X5VolXi2ozyEhu51DUp1HRAf2JNlwclkxQnucu= rHouZL8qmM4vSqHNWQUpct6qINj3tTlmggguwtJONEHM0fg3YB9VuETSnqdWnAvc-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Ergo</a></b>, which provi= des geopolitical intelligence data to businesses and government institution= s.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3D= u001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX2yn9bAN4LEyJUPSL8MLXiPRrc= qxTy36fgzCuwXJMQJA-3D-3DNCB5_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3= t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ= 4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0= UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlD= BlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1CLOmPb-2F58IlIhgjqSuikDei9fMAT= WO8uguBMOntLmtGaZDFaikyWHcOKRJfnfjXF7JByTtyMvMxAAJIzz32UyiSedBgynigv-2FY0vT= eOyAH-2Fu3Nf1sd0Wyjg5fVBVxObhCl5HddKjRcJV1n0c71o8b6sCCguG1I7KkNaY-2BwnFIUQu= HI52KYD-2FY82kkApv9N37u1heJiD2BwgayhwR0KDgZJRB-2FeZzL-2B3B-2FzKEzgRPzYIbzE5= KPAh6lLhtMm16ztcKk-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tru= e">AfricInvest</a> acquired a minority stake in <b><a href=3D"https://url63= 80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B= aqM7ONnvsnswouzX2yn9bAN4LEyJUPSL8MLXi-2FgeAv7syAtpFcgwIIZUePg-3D-3DG3nh_I3w= 5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1Ka= fSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCx= MHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okj= KXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkI= bycIb6nqSuDJ1CqO388S6ntjuvh8a4bwhWx60djyObMWj9-2B8HdgBjCTlKbk7FrTeLu41COKWx= zTlkB-2F-2FCglylvTTtQTBDHVOgZbraJvEgjLIpbUVVnmlmLICrWWJUgUnZYGI4iMsB-2BBk-2= FYq8FQabOD9rVcTw-2FWGQ9Qvly4w5U6u4Lh6Xx6BK-2BhN1n4DCnkYhytoLBQr1ugIyQ9-2F-2= F0IvTenR-2Fbw4E34Fei5gYXSVecOGl5x9PMoKDscXCmI2Knc5-2B5TWVhvpT0zM0mY-3D" sty= le=3D"color: #1D5080;" test=3D"" universal=3D"true">Arrow Holding</a></b>, = a Dubai-based HR tech company.</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"><b><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX2yn9bAN4LEyJUPSL8MLXi4qMjS0ozxaE9rAtcd= DRd4Q-3D-3D3r7P_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF= Va0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq= 6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBM= jHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6M= 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taqOue9X6JeZZDwJ9hba2xSfTsnZM6waLFeB6Gd4eBf0pquEBz7-2Bi1eWlg29qclLFeO5Y2fk5= YslUA7ZPNl1wJTdsY4VaVrRiLvN-2BmO7fqqsywaX-2F2XU-2Bfoyz3XqRToXxFJl8mVbd2-2Fi= jVTo98D599Pd9P7A691J9HFnXDEyABhjpEZCKKavmFhjegk84TWs0Y2rR5h074IRYvtnkW0s8yF= I-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Qatar Investme= nt Authority</a>, raised $1.02 billion in its IPO.<br><br><a href=3D"https:= //url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzX2yn9bAN4LEyJUPSL8MLXiSoGbHJ3iNYaroFCXOIbsXg-3D-3DQiA= F_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJL= Iy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0= wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwE= Q3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE= -2FkIbycIb6nqSuDJ1Cq6L6o4kz6izd7x-2BeIviVKi1iF7X5s-2F8-2BlpsSjSEumlNMk9Vouc= 1jE4YB5qVJf3e84u18ypnHcHI6IfrZFqIERQ7pkNulcUuhd-2BexB9rQJrlBxwqKynBZ6rIfvJg= 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Z19t0iB2As4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">SAEL= Industries</a></b>, an Indian renewable energy specialist, filed for a $52= 1 million IPO.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWu4KCjlnDM7uzw= wn-2BOdOm0I6cH9WKe3WXV0PJHgSqCHQ-3D-3D2iPn_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarH= kxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBM= ZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad= 6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVF= ilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1CyanxkMP9YgLOTbT= aPYH5U-2FhNZcoV00t5P22yLAZhB9-2BemjtfcbKmcRTeWabzV89wwm3vngWn1zvJcZeHkADFSm= cUymCb6PWHK-2FPll3SnEsuDE2Qt1TkTVaubebU0hq9DGX7XV4dz1BF-2FHjX0ajdccFzCyVYwK= AQK8pMnpAWzKfgrNrXYmWC-2Fe9sKP3lMsvQ4EE5pTstdceT8cXGdDaNiU0VUhBUawjiM85d3TB= 0aRlNgeqHBikF3TG4BJpJMKY4w-3D" style=3D"color: #1D5080;" test=3D"" universa= l=3D"true">65 Equity Partners</a>-backed <b><a href=3D"https://url6380.news= .pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn= vsnswouzWu4KCjlnDM7uzwwn-2BOdOm0X4vw5VjT0aVZB0IKLaw4gQ-3D-3DPJHq_I3w5d9c01g= kD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2B= RtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sk= sJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2Bc= azpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6n= qSuDJ1BsJHhVIFERuV2NLOgcmDjpnc9dedj-2BfbcHPHaff5wf4ZnBF0DcOVlKxQXVQKjwyhXOe= zDVT-2FdVvZfgLpuzRU1ltM1maJt7ZL-2Fic2qr0JlZwhkNEmy0oOahGM1U67TYyj4As-2FeKWG= dj3tQeSLk2NYRhR4n4aGHXS6-2BqCwwih8gtw8px-2BUkR4ghGmWKP3DrOQr3Uq0w0cNtumkAPd= 6UH8raTFfr9PKjffY-2BmjUAk0-2FdpKziqlYR6rxGQksw1yMQfFhQ-3D" style=3D"color: = #1D5080;" test=3D"" universal=3D"true">Ultragreen.ai</a></b> is gauging int= erest for a Singapore IPO, Bloomberg reported.<br><br><a href=3D"https://ur= l6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa= -2BaqM7ONnvsnswouzWu4KCjlnDM7uzwwn-2BOdOm0Q8fVLQNDjQ1ytue6qLNNuQ-3D-3DlWC5_= I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy= 1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wn= uCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3= okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2= FkIbycIb6nqSuDJ1AD411oqQZO4Xi5u381PS9-2FtwM6kD1L-2B3hTA-2FwyGP-2BhtnXCOTpm-= 2F-2BMONTF74a7-2BQjCO6vOhbfFgXFVq4jUYoeMMU6RRNSIjRvDzpZtCuPCdTb6OPQ7sz0EsfC= Bp3OJSu1-2FntblpMd19-2BdD66rQVQmo67hretvLZOw8-2F97nzdK4LbKGIPycXJHcK1Fx303O= CTNyMIYgk4F-2FTURL9wCnAaNnKPCpWAR-2B9dnTuMeZI1HKS9WttlZsaLVj0tYGa4wRFOl4-3D= " style=3D"color: #1D5080;" test=3D"" universal=3D"true">AIX Ventures</a>-b= acked <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du= 001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWu4KCjlnDM7uzwwn-2BOdOm0FxY= SHjw5FFGE7YnHDg7gFQ-3D-3DH44j_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F= 3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZ= J4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj= 0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnl= DBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1DqRcQbobcQGsrfezjHaIPlriT-2BD= 3bDJpMQjRoAWSOl14nGzs5UngM2iEY7qPI0woAWvEQBEyAzx9LHMJqsFsi3L2kBBFBGq1exAu0K= 3RiGMWut4dFS0RtcAJt8KYlQnseOOdYC6G5yCr8G9wQPFZosEXq0sqKh5MwEopXGxRtKceNt2k-= 2FmmHvO8Cz6PQC5cYDKQ2JzCeIfa01F-2BVOaMPG3UYZmUPr1Bew4JkU3e-2Fv9t-2BlM6Wi27N= MA63a5V9WVj2Q-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ma= rimo</a></b>, the creator of an open-source development tool for Python, ha= s been acquired by Nasdaq-listed <a href=3D"https://url6380.news.pitchbook.= com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWu4= KCjlnDM7uzwwn-2BOdOm0T1MX0iw2yKSCrye5w9Zg9Q-3D-3Da-3M_I3w5d9c01gkD8gLzFEofZ= R-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15Wb= dE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or= -2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRw= gB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1BVAhh= jyuNYBumPD3-2F-2F8mLCij4qIq4R1CF7MKhDTd5TVstW3EgGW92viupSpUylzTOKupcS3bUpnW= sF6r939E3dNyevHZh5xrkjQWH0utNzAm9Jb-2FW-2FAM2CAy11hotMY-2B57-2BslqSE1NqM9NY= fAihQc67IyIxBPIbzAgIZ3KhCEIgUmj6bR4jDKcmfwf5iNEswgAUGV9jwfodSjRohPTq1Bhp8D0= 9yxi9-2BAUgVTae2scbV2EbMxD6fLu6b3FY13MiKE-3D" style=3D"color: #1D5080;" tes= t=3D"" universal=3D"true">CoreWeave</a>.<br><br><a href=3D"https://url6380.= news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM= 7ONnvsnswouzWu4KCjlnDM7uzwwn-2BOdOm07FdlSZILJrxnl106ZBQ1uA-3D-3DI8wf_I3w5d9= c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL= 0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHE= M6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ= -2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbyc= Ib6nqSuDJ1AIY1XhN3sh1s-2BGJ-2B5a6sDe1ihF-2BRLnUBkKwMPCz8En-2FYN5ryKbxOUPXuu= klxOkCaLTOnhAfCCS2wAxz8ZMybeyqr8dS4k8k-2BPb-2BRUVcNXx9h2CGMPd3Q2WflL60YnUr2= XwVdJp5MZBTJh3fPvDHFT8-2BPP15536uj1v7fZzYG732UBx9NKbElXkqjQmse8vV6HAI1niQgw= Ix0rnXaSTjXGDXav7dC52VPZqg6TAFF8PxxnkPfWYmhFzPobKSHHVxAA-3D" style=3D"color= : #1D5080;" test=3D"" universal=3D"true">Bowmark Capital</a> exited <b><a h= ref=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4= Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWu4KCjlnDM7uzwwn-2BOdOm0-2BrDcQm5GagrWab= oPQDIK1A-3D-3DGrA1_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWe= UgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmD= LSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2F= OBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8ny= m6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1A3nFtnc-2FjFP7NsKR1SWPsKmqK4-2FPmE5MEMkl= 52W7sh2-2Fa2EA-2FqNORmN0SKTC53f2F0QVL-2BnwDTPYxO3pQjKXI6sHola4ePPo8WPCq-2FI= DdQo-2BXP-2B76pMhOCmiE8GAjgagYm0k74z4fTg9qSSJ4Sqe-2BT5WvaIKlQ1Kq7fseOoA5PXV= pmkvb8nVEDtmZiqH3FDfWVJXizwJEU0ViP1vfgd7N-2FtPftbUfqi8fpIlo0GWXK4HkbfIccL7n= iTk9e1P3IarI-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Tot= almobile</a></b>, a UK field service and mobile workforce management softwa= re developer.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/c= lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWu4KCjlnDM7uzww= n-2BOdOm0bvOPrBguylfltAmRsxmQpg-3D-3Dj1J8_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHk= xBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZ= Eu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6= rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFi= lEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1APdMX3ldHCnEpnfAx= 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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 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;"><b><a test style=3D"c= olor: #1D5080;" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWu4KCjlnDM7uzwwn-2BOdOm= 0dPDaLjP2w6t70JyidxLQqg-3D-3DguwS_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmz= y-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlM= S5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3= NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7= JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1BrvhJmztR4TTQQENqaVQcmzVK= nBZPu7snMp0dPWPLxj9R3I4YCzwlXiO-2F6RmLPavjFwDBDmYEAK7CqLnSRvis6tKcNPnU2mKjl= vLUyiKZS78Wt2CesDelxoObIEp56Np2cpOs89rv1MsfNVJc6DIqjOrfDgPFadpwIYcO7-2BNGWi= ZpVY-2BrnhtR0oyoxIVYgfFUcDoitJHtY0-2FLCq35K8LKLubqlUTCdaRNMCnVCYAPKaQa4nB6C= uX-2Fx6eBUupNgEyA-3D" universal=3D"true">Melange Capital Partners</a></b> c= losed its first energy secondaries fund on $430 million. <br><br><b><a test= style=3D"color: #1D5080;" href=3D"https://url6380.news.pitchbook.com/uni/l= s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUuuzBe7eZmDe= R6ek-2FFW8xVCwBq-2BGlmjOVXITH1cqWGHg-3D-3D3SKM_I3w5d9c01gkD8gLzFEofZR-2Bh6V= warHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW2= 8SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExn= m2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8= vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1Dp6HtbEq3CAk= DOwb2VeXOhSKljPLxV8Q7OrSKlxfsZIg8Crc389SadXHIP0HpD34u3o-2BaNxByBmNDBDVQaSLM= XiX48RcOGhj73-2BXI0cEc-2BBIXuxHX22wjglog8KIhIlfRO071B6QENhuLQXuaXEJt8z4N-2B= hERWlEraiUTWJ0eRQkjEl3OHGt8QdHqxZav1yez1KoXxPM3h0-2Fg1G0J1VEfyZs5FzMNvp04z4= R0YmwnFOFGXvk9gvnx-2BD7WL4CCn9Hk-3D" universal=3D"true">Teleo Capital</a></= b> raised $350 million for its second fund focused on enterprise software c= ompanies. <br><br> European early-stage VC <b><a test style=3D"= color: #1D5080;" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up= n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUuuzBe7eZmDeR6ek-2FFW8= xV4tqK4jWgl0cPe2hhqD6N9A-3D-3DIm8Q_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfm= zy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYl= MS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ= 3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS= 7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1DDXH-2FW53ecMHLb01vLdMYN= La5oFm4bRhGfzfhE3xQfCveVj-2BJjiUGFHYT3ZkYfuDopv-2Bd-2F35IyBh5-2B3-2BpqGRzwD= TF8T6uggs2QYQKy1o6AxJ5tCMSH8owCXaXWq3mAkhRDiZ4-2F9TuLk19S4pGh-2ByofWAno0Rcl= y6FUkyUCTeaDu6DEURxyMVWafQqyefkUbsKhBiS3GkESLDBxEXKtB-2F0sk-2Fot5plTfWqP2vq= EKqK9-2F9q3xxUTCEjRZKcRKwbEVgY-3D" universal=3D"true">United Founders</a></= b> launched an =E2=82=AC80 million fund.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Corporate M&A</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; 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