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Date: Wed, 05 Nov 2025 12:19:45 +0000 (UTC)
From: PitchBook News <news-noreply@news.pitchbook.com>
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Subject: Benchmarking evergreen funds
To: most@ponjosonek.com

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orgia, serif; font-size: 44px; font-weight: 500"><span>The Daily Pitch</spa=
n></td>
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             <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&amp;A</span></td>
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ans-serif; font-size: 14px; padding-top: 11px; padding-bottom: 38px"><span>=
Your edge on global private capital markets</span></td>
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0px; font-family: Roboto, Arial, sans-serif;
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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=
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D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Sequoia's new =
leadership</b></a>.</td>
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20px; padding: 0;" colspan=3D"2">&nbsp;</td>
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dth: 100%;">
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" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
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                         <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%;=
">
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                             <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>
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                         <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>
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                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>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%;">
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ing=3D"0" cellspacing=3D"0" lang=3D"x-image">
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                              <td align=3D"center" style=3D"text-align: cen=
ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.=
d4n73BrX4Cuylw7SpSWIrf6GFa-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"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
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                              </tbody>
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                           </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%;">
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cing=3D"0" lang=3D"x-content-btn">
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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>
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ight: 6px; padding: 0; " colspan=3D"2"></td>
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th: 100%; min-width: 100%;    =20
">
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                              <table class=3D"" cellpadding=3D"0" cellspaci=
ng=3D"0" style=3D"width: 100%; min-width: 100%;
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                                                         border-bottom: 1px=
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                          <table border=3D"0" cellpadding=3D"0" cellspacing=
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                              <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%">
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                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>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>
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ight: 6px; padding: 0; " colspan=3D"2"></td>
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                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
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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>
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tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s=
erif;
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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"=
>&nbsp;</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=
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                               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">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Catch Up Quick</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
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                 <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%;">
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                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
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" 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>
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                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
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                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=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">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_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"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table>
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">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%;">
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cing=3D"0" lang=3D"x-content-btn">
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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=
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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>
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">&nbsp;</td>
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group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid=
th: 100%; min-width: 100%;    =20
">
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                             <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;
                                                                           =
                                                 ">
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                              <td style=3D"padding: 1px 0 0 0; line-height:=
 0;"></td>
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                         <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%;
 ">
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                              <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>
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                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>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">&nbsp;</td>
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                <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;">&nbsp;</td=
>
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                 <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; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table class=3D"                " cellpadding=3D"0" cells=
pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%;    =20
">
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                    <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=
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Z_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJL=
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                 <td>
                  <table lang=3D"x-counts" cellpadding=3D"0" cellspacing=3D=
"0" border=3D"0" width=3D"100%" style=3D"background-color: #051C38;  min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"width: 20px; min-width: 20px;"></td>
                     <td style=3D"padding: 10px 0 5px; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-counts-title" cellpadding=3D"0" cell=
spacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td align=3D"center" style=3D"font-family: Roboto,=
 Arial, sans-serif; font-weight: 700;
                                        font-size: 14px; line-height: 27px;=
 color: white; padding: 26px 57.2px 37.3px 57.2px; white-space: nowrap;">Si=
nce yesterday, the PitchBook Platform added:</td>
                        </tr>
                        <tr>
                         <td>
                          <table lang=3D"x-counts-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%; t=
able-layout: fixed;">
                           <tbody>
                            <tr>
                             <td style=3D"display: inline-block; width: 24%=
; min-width: 24%;
                                                    text-align: center; flo=
at: left;">
                              <div class=3D"outlook-caption-override" style=
=3D"float: none; font-family: Roboto, Arial, sans-serif;
                                                    color: white; font-weig=
ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;">
                              784
                              </div>
                              <div class=3D"count-type" style=3D"float: non=
e; font-family: Roboto, Arial, sans-serif;
                                                         color: white; font=
-size: 12px; line-height: 24px;
                                                         padding: 2px 8px 0=
 8px; -webkit-text-size-adjust: 100%;">
                              Deals
                              </div></td>
                             <td style=3D"display: inline-block; min-width:=
 24%;
                                                    width: 24%; text-align:=
 center; float: left;">
                              <div class=3D"outlook-caption-override" style=
=3D"float: none; font-family: Roboto, Arial, sans-serif;
                                                    color: white; font-weig=
ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;">
                              2520
                              </div>
                              <div class=3D"count-type" style=3D"float: non=
e; font-family: Roboto, Arial, sans-serif;
                                                         color: white; font=
-size: 12px; line-height: 24px;
                                                         padding: 2px 8px 0=
 8px; -webkit-text-size-adjust: 100%;">
                              People
                              </div></td>
                             <td style=3D"display: inline-block; width: 24%=
;
                                                    min-width: 24%; 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;">
                              929
                              </div>
                              <div class=3D"count-type" style=3D"float: non=
e; font-family: Roboto, Arial, sans-serif;
                                                         color: white; font=
-size: 12px; line-height: 24px;
                                                         padding: 2px 8px 0=
 8px; -webkit-text-size-adjust: 100%;">
                              Companies
                              </div></td>
                             <td style=3D"display: inline-block; width: 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;">  <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;">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 10px 20px 14px 20px;"> <a na=
me=3D"n_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&nbsp;=C2=BB </a></td>
                            </tr>
                           </tbody>
                          </table>
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Check =
out the latest version of <b><a href=3D"https://url6380.news.pitchbook.com/=
uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-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">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>VC Deals</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">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=
6GFa-2BaqM7ONnvsnswouzVlK4W5XX35uetGGwn1nyClnPwozRkdLkXRd5IgidQCtw-3D-3DeuQ=
0_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJL=
Iy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0=
wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwE=
Q3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE=
-2FkIbycIb6nqSuDJ1DrzD7hSiGU1WNA5GTQ3NXqyOF2CZRnlH9d9IT-2F3gMZm9bnOGPBJmYAu=
uHjM9iwyAGQxhN7RRObqeVoOeOuq6OKwpob58P4UDdGdeB1h-2FxAgqu7LRPs78V-2FfisdgWJ3=
9i-2BaUke9cSY3Uzgk1oAA5-2FC4jMujIYbRl7-2F2mRRJOruceIURJcWso1OshETjoNIJby83A=
AHe0-2FEJo384U-2F45feMueHuLyAHg9lLGyzMtn7tVEH0M2XmYugBrnOEoyEyaLAo-3D" styl=
e=3D"color: #1D5080;" test=3D"" universal=3D"true">HV Capital</a>.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>PE Deals</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVlK4W5XX35uetGGwn1nyClXEAbTqyYmoTMzC3pdBqO=
lg-3D-3Dgvut_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0=
m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tl=
oSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHk=
grUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9=
h1GRxUaHaRE-2FkIbycIb6nqSuDJ1BrHdqlMwuli4niEeMdVCudJTIw-2FeBNVRzL7Wg2ISj8v1=
88BUNTRJGMdT2IYtQd3hh2GqlGBcfqPV9xIgNEUYI2w6hfRjfs1lwpg7VpfU8z8w0W0152CgoqR=
NWl2MoqD5oCxnYP-2BtFaR18yWXFq7ys4VjQQixLO9dENfy5HqoSGO4MstT3I5zKw3IulobZe5Y=
UlWinkcy5dD6JzCaaQywr35s2BqBc9IwwDcGKypvEy5NjDZO39Lf-2B0e0o1rKt19vk-3D" sty=
le=3D"color: #1D5080;" test=3D"" universal=3D"true">Boyu Capital</a> acquir=
ed a majority stake in <a href=3D"https://url6380.news.pitchbook.com/uni/ls=
/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVlK4W5XX35uet=
GGwn1nyClEzWiu43L2xJvhRw1ct0tYg-3D-3D29HH_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHk=
xBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZ=
Eu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6=
rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFi=
lEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1C6biIO4Lil9dgVrBG=
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=
VKWe8-2FdVZabBUXJXB4ZRNrFu0dzr830YQ6pB2UUdysiUAUsLorE5tcKPTMd3I3y-2BoHs1yYZ=
VptOn-2BZC7jJ6dKUS83EPBVlXSRTZM6M5-2BbhNzWYI4g-3D" style=3D"color: #1D5080;=
" test=3D"" universal=3D"true">China business</a></b> at a $4 billion enter=
prise value.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/cl=
ick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWjY8gDdVvL0Lv5mW=
eZCRfXUMkl1wnXCX87zkwGSAfWPA-3D-3DTphn_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBR=
FCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-=
2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy=
68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEW=
mjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1DEnknkPN-2FKCLH2MjGb=
nssCekUvM265h0osfSu2tR9HoYvKz7GSgKelKR4dvHGZvd59DKugYr1GKuc8agHCXDe62cJqTwn=
vVD-2FUOxgeFZmbrbo3v4IIJiHBsRpyxfI0ZbYXNPY7Fpslu6PPfDSFflIi74pOcq2PoTBX3FM3=
uf-2FCjyaPPCgm6N2W0tTWVmiCHYFXsaspKJFec8AxaOSxK8f6JLyriVIhjXvclDwg2cUl9xB-2=
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=
ouzWjY8gDdVvL0Lv5mWeZCRfXsFqeh-2FXJ5BP4J-2F9-2Bd2dsZw-3D-3DL0v-_I3w5d9c01gk=
D8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BR=
tTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sks=
JToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2Bca=
zpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nq=
SuDJ1Ds1TnWbYiPPFh3ZnfHAc7N69riZZE0Bq0Hh9UwpHBnSXg3yi5wW28bymNj3KTBjsRM55XT=
fx-2F4lrRHcsQ-2F7w1J2H4dUkdpQizKpgEI1So4ExVVc2ms3ccf8eXsIpXUXiWTMWOjdXvs1Cv=
U6erRt9kX50ZE-2FlniqrhM-2Fxqk7LzmcBVy5OusxoQb3NfNg5dlMJ05eeBgglPMtp0WzUF9g0=
iKsCwS45AwVSMkLrfr5lPCYzqv1cClfg2G44WTa-2FHVADg-3D" style=3D"color: #1D5080=
;" test=3D"" universal=3D"true"><b>non-Permian Basin assets</b></a> of <a h=
ref=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4=
Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWjY8gDdVvL0Lv5mWeZCRfXAZhVlEB3jZR6ysFgnI=
Ne-2BQ-3D-3Dn4uh_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUg=
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=
Exnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91=
SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1CC1VqlENi=
PXhoSU7MPAZ4Pl5esLG4dKUgFYLTfaHmvdbBGVqklk94EXVb-2FFMwRL1gwd8jdeOZ77E2IkF0z=
jUSHC0X7U-2FVoizUKBiJtpVcS4Ui-2Ff0nc2lHFe-2F8EwgB1eLqFcNvOj4ITJ8TvAN7wWLT4-=
2BeRLFPFezKVKXdBZHR8i0X5ewaaMKWc0qYLL7KlR6p4hgcZPoEaJZ0Cy8K-2FzYRxAioXMPE6l=
WHeFP6HZAUNwXipbSdxqYANO-2FM6-2Fqi8GXjE-3D" style=3D"color: #1D5080;" test=
=3D"" universal=3D"true">Diamondback Energy</a>, in a $670 million deal.<br=
><br>
                               A group of investors including <a href=3D"ht=
tps://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpS=
WIrf6GFa-2BaqM7ONnvsnswouzWjY8gDdVvL0Lv5mWeZCRfX2oLkymAM0ukHA3vlp9yKOw-3D-3=
DIz6a_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFc=
IpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2=
F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs=
6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUa=
HaRE-2FkIbycIb6nqSuDJ1DITm-2FSLKohx6Ty854-2Bjz5eRLKHcE8R5haQcYS5GGqPAFNfpSr=
LJ8Vp5Paxl6gIhAer2-2BcbiwlVA3gNgofBHefSUSBDodi-2FFFmDYoThiDbhG5SvwDsM8Eqpxm=
nu0KA-2BZFz1PwWSrCDPQGSiSX8i1ybzO-2B6Uyb-2FDWnyKssKNKpoqxNqcY51zn2iS0P-2Bw0=
vIQNqOvqOe4ldFLr8CVQPrR6-2BMgZxfkxuGjWKiaBIG6aDdWRx7Rbh1Ih-2BmnVHEUSq2UxS4-=
3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">TriArtisan Capit=
al Advisors</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/cl=
ick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWjY8gDdVvL0Lv5mW=
eZCRfXVjvvyD7FowgVw7MnymrKUw-3D-3D4J9g_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBR=
FCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-=
2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy=
68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEW=
mjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1A9Aj3-2BEy0UxOKndnc5=
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">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Exits</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><b><a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX2yn9bAN4LEyJUPSL8MLXi4qMjS0ozxaE9rAtcd=
DRd4Q-3D-3D3r7P_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF=
Va0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq=
6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBM=
jHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6M=
ee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1CPu1m9KkGFkNkG7Rkkgb4wBtvNoE0XYT1iK6xKqB7r0=
Os9mwju-2BXQI-2FP43RzyHa-2FbLGyX93PRWv5wAPR7Fl9uB8Q1VZJHAGfSe9Dqfj3O6Gb4gEu=
-2BzO-2BQ2P1UOvS6SwkvF1Fe9RT1ckuoOFzuJOcKdf5JB1GK5-2BjeDuSO3MzgaloxpYkvF75t=
bkHIuYm5npEH9W8Nn54S95F1QI2ff85fLnOOYxKB7PEKAcVOTJV4kpoPV0RxRaR4lKdfNG0Gedd=
4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Beta Technolog=
ies</a></b>, which manufactures electric airplanes and is backed by the <a =
href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX=
4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX2yn9bAN4LEyJUPSL8MLXi0aHqhY3zW75XXC4Vn=
89MZA-3D-3Djj_7_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF=
Va0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq=
6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBM=
jHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6M=
ee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1BY46jInVy10H4J427-2BesSKLQyTSadNR9K3oImuG6U=
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=
Dtrn8wiUiLd933-2Bco7ue7miGhyoU7uvNeSKJ3fKitfQFub6XltX4E59WSHT0TEZfwLsNBJxRo=
mZDaCukprLeYiWQbN2-2B3-2BQMwMkBS0OzwyL6QH4dG-2FthqBGxxdbjQY6GDQU08-3D" styl=
e=3D"color: #1D5080;" test=3D"" universal=3D"true">Tata Capital</a>-backed =
<b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4=
n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzX2yn9bAN4LEyJUPSL8MLXiYhsEbqNePXe=
BntiqEh8p4w-3D-3DTHSI_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcb=
dWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOa=
rmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM=
-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL=
8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1BHz9TE0j2Y1AfdAtMHXivLve3wOTAVQQzVfWW=
oZbcM9dkDOp2e3UpN3mq4Xm0VDCwzuFNNNC9l4q6xvlojjqDUL-2Fgx-2BON1pzVlItpuLfM1Lo=
6u-2Bfh-2FTVZ-2BsDtIiiJPbnp37t9TGS35WHZ9TO7Bd3oVWe8GS63UcPsEM7ihY3Sgff7af-2=
Fv8SQD8WJM3zcW2kxYLwidfqkQQC2ycHoSCcKS-2BYUT20yZXqMIeUElTlPOb-2FMW20pbZVu2Z=
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=
lZZWJ3tgDsT0I2Ch5WzWSrW8mS-2FktQ0aZBTt4F3dsQlUQSLW4uDcYQgnkbzQltdHBsLrJgcgH=
6A2JuqNoPrtGZha-2FFVIQRjm4tjh1RMM9iVaXu8EpJGCUjArHtHTnuCFYJTgPaIL2NmkHWkJh3=
6P-2BHC8RwOZYUnBOr8UtSwzHjR0zuhACotO5Jd5Wv1hsQxv02H9-2BmcImMq-2BpyWtaAiWRRr=
gHy8l20I5c-2B4xvGn-2BqnrmnCLs-3D" style=3D"color: #1D5080;" test=3D"" unive=
rsal=3D"true">Calculus Capital</a> sold its stake in <b><a href=3D"https://=
url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G=
Fa-2BaqM7ONnvsnswouzWu4KCjlnDM7uzwwn-2BOdOm0ki-2FEPbBvAW7aHVUdTUCTGw-3D-3DU=
tOQ_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIp=
JLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2=
L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6E=
wEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHa=
RE-2FkIbycIb6nqSuDJ1CUOD7NjMMEOYz2LegQhgfQHNTtQ3aQZWl-2Bs3uTyJqJqPUKaopBOKA=
UxqtyNQjhZS2E8AvEqPute3zFoaG4mhuibODZEGlF2dM8DeJfh-2F2iaHjRwCUAnuJ-2FOS7Ioj=
eVg80vd7eWNkwBp-2BEs6y1lo9v-2BhB2c0WN2vlRx4vr5SBtAv1Ce6o-2F5j2e1IRneXcw5z2z=
XRZ8iC9GmOTACyaF1FstY-2B-2F5rrN8hsYFuyyhPxbk8pHpmgBXnQXTvM3dDn7UJMwI-3D" st=
yle=3D"color: #1D5080;" test=3D"" universal=3D"true">Mo</a></b>, a UK emplo=
yee engagement platform.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Fundraising</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table 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">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Corporate M&amp;A</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
                       <tbody>
                        <tr>
                         <td style=3D"padding: 0 20px 0 20px; ">
                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
 ">
                           <tbody>
                            <tr>
                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre=
f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu=
ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUuuzBe7eZmDeR6ek-2FFW8xVaneMfkrss-2BQBwO5A=
39-2BOAg-3D-3DgHsD_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWe=
UgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15WbdE23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmD=
LSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2F=
OBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwgB91SR8vJVFilEWmjAS7JQnlDBlZuUxL8ny=
m6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1AV0exAqrQ4zRNwkJLZVyK-2BIHBFC9D1pchykicU=
tcfkoVa5UHOziNEH6FlcnjQ9bRgzYn-2F00h91mpHcDbVGM2fMSg5NsQCnLBTTUeZZ02ifut57Q=
f0C8Vmta779-2FANeAgzZKFW-2FrXzG1VDsKtat6NmV95q7kXhjttn8GkRQuvn-2FTgCzj4iGKa=
mH-2FlMt0gmN8FjHnV0-2BkyOndc5eehXjAtJDCUkRoiWFNXPxIWLrx60rWwhUTHaUyRKf3PrXi=
khWFLc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Kimberly-=
Clark</a> acquired drugmaker <b><a href=3D"https://url6380.news.pitchbook.c=
om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUuuz=
Be7eZmDeR6ek-2FFW8xVn53QjwzyJY5NZvjSZCJfpA-3D-3DdKV5_I3w5d9c01gkD8gLzFEofZR=
-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFcIpJLIy1KafSL0-2BRtTvHMc15Wbd=
E23rW28SBMZEu-2FYlMS5EZJ4F5tPOarmDLSq6tloSyxz-2F2L0wnuCxMHEM6sksJToues26or-=
2BYExnm2Ad6rzy68DZ3NeQj0UCcBhwM-2FOBMjHkgrUssMs6EwEQ3okjKXZ-2BcazpWdXY8KRwg=
B91SR8vJVFilEWmjAS7JQnlDBlZuUxL8nym6Mee9h1GRxUaHaRE-2FkIbycIb6nqSuDJ1C2eYP0=
P61SlmPKFzbne9Tx3dBc4-2FvkOK8QJNPX0X3a52Gy5qouqJaYC7efatdISfc9l019hmu-2FsF2=
wXGO74eFVq4A5iz3HZwWJ6drpY8Is7MYMgU11ALkkHguP1yDnrcC1oek5J1Q7Wlu2IiQTgCONWc=
eFqpCAYtD-2Be4HIiKjPkNAayTXBzLuSH-2BvlZPwfelps4ySVCVY8XoapKbPDEpV5v2Eoptm4e=
XEouKuoN1aSAuRS3hJN5ITgrskUnyMBfaM-3D" style=3D"color: #1D5080;" test=3D"" =
universal=3D"true">Kenvue</a></b> in a $48.7 billion deal.</td>
                              </tr>
                              </tbody>
                              </table></td>
                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
                        </tr>
                       </tbody>
                      </table></td>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group-header" cellpadding=3D"0" cel=
lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;=
 min-width: 100%;">
                   <tbody>
                    <tr>
                     <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo=
nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa=
cing: 1.5px;
                    color: black; font-weight: 800; font-size: 16px; text-a=
lign: left;"><span>Chart of the Day</span></td>
                     <td style=3D"min-width: 20px; width: 20px;">&nbsp;</td=
>
                    </tr>
                   </tbody>
                  </table></td>
                </tr>
                <tr>
                 <td style=3D"padding: 0;">
                  <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin=
g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi=
dth: 100%;">
                   <tbody>
                    <tr>
                     <td style=3D"padding: 10px 0 0 0; font-family: Roboto,=
 Arial, sans-serif; color: #78766F;">
                      <table lang=3D"x-news-group-content" cellpadding=3D"0=
" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;">
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                         <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%;
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                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100=
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                              <td valign=3D"top">
                              <table align=3D"center" border=3D"0" cellpadd=
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                              <td align=3D"center">
                              <table align=3D"center" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0" style=3D"float: none;
 ">
                              <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-2BaqM7ONnvsnswouzUuuzBe7eZmDeR6ek-2FFW8xVTPws-2B=
bYY3bhKtxkayDHwCQ-3D-3DNRzc_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t=
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o7JAAbXwC3cEUnM-3D" universal=3D"true"> <img align=3D"center" alt=3D"" src=
=3D"https://img.pitchbook.com/news/71182.png" style=3D"border: none; max-wi=
dth: 420px;">  </a></td>
                              </tr>
                              <tr>
                              <td style=3D"height: 20px; line-height: 20px"=
>&nbsp;</td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
                              </table></td>
                              </tr>
                              </tbody>
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                              <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%">
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                          <table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%;
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                             <td>
                              <table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10=
0%">
                              <tbody>
                              <tr>
                              <td align=3D"left" style=3D"padding-bottom: 2=
0px; font-family: Roboto, Arial, sans-serif;
 color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre=
f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7=
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4I-3D" style=3D"color: transparent;" test=3D"">Link1</a> <a href=3D"https:/=
/url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-=
2BaqM7ONnvsnswouzUuuzBe7eZmDeR6ek-2FFW8xVmgpZaxxW94nslgLX9N8GgQ-3D-3DtqkF_I=
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color: transparent;" test=3D"">Link2</a> <a href=3D"https://url6380.news.pi=
tchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou=
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G3iaSW2j-2ByXiVTuY5rWJjB-2FUM4NTKUoiwkM-2Bf9A-2BmnbkCIY-3D" style=3D"color:=
 transparent;" test=3D"">Link3</a></td>
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                            </tr>
                           </tbody>
                          </table></td>
                        </tr>
                        <tr>
                         <td style=3D"height: 6px; min-height: 6px; line-he=
ight: 6px; padding: 0; " colspan=3D"2"></td>
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                 <td style=3D"height: 20px; min-height: 20px; line-height: =
20px; padding: 0;" colspan=3D"2">&nbsp;</td>
                </tr>
               </tbody>
              </table></td>=20
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ight" style=3D"padding-left: 20px;">
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