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Slippery Chips
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align-items: center; } .bh__byline_social_wrapper > * + * { margin-left: 1rem; } @media (min-width: 768px) { .bh__byline_wrapper { display: flex; } .bh__byline_social_wrapper { margin-top: 0rem; } } </style><div id="web-header" style="padding-left: 20px; padding-right: 20px; color: var(--wt-text-on-background-color) !important; padding-bottom: 2rem;"><h1 style="font-size: 36px; font-family:'Helvetica',Arial,sans-serif; line-height: 2.5rem; padding-bottom: 8px; font-weight: 700;">Slippery Chips</h1><h2 style="font-size: 20px; font-family:'Helvetica',Arial,sans-serif; line-height: 1.75rem; padding-bottom: 20px; color: #8A8A8A; font-weight: 400;">Dimon thinks the Fed should wait on rate cuts, Trump u-turned on TikTok, Wall St reported its best IB results in two years, and chip stocks got absolutely whooped.</h2><div class="bh__byline_wrapper"><div><div style="display:flex;"><div style="display:flex; flex-direction:row; justify-content:flex-start;"><div style="display:flex;"><img alt="Author" height="40" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/user/profile_picture/2e8f4f5d-5856-4463-ad71-a48cbba10c7a/thumb_litcap.jpg" style="height:40px;width:40px;border:4px solid rgba(0,0,0,0);left:-4px;z-index:10;box-sizing:content-box;position:relative;border-radius:9999px;" width="40"></div><div style="display:flex; align-items:center;"><p style="left:8px;position:relative;font-family:'Helvetica',Arial,sans-serif;font-weight:normal;font-size:14px;color: var(--wt-text-on-background-color);margin:0px;line-height:20px;"><span><a href="https://www.execsum.co/authors/2e8f4f5d-5856-4463-ad71-a48cbba10c7a" target="_blank" style="color:var(--wt-text-on-background-color) !important;text-decoration:underline !important;">Litquidity Capital</a></span><br><span class="text-wt-text-on-background" style="opacity:0.75;"> July 18, 2024 </span></p></div></div></div></div><div class="bh__byline_social_wrapper"><a 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style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><a href="https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity&utm_medium=newsletter&utm_campaign=venture_fund_ongoing&utm_content=invest_today" rel="nofollow noopener noreferrer" style="text-decoration: none;" target="_blank"><img alt="" style="margin:0 auto 0 auto;width:22%;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/52e3ff15-6612-4809-a2a7-e6ec0db81676/image.png?t=1721259146"></a></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Good Morning,</b></p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> Dimon thinks the Fed should wait on rate cuts, Trump u-turned on TikTok, Wall St reported its best IB results in two years, and chip stocks got absolutely whooped. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> ARK Venture Fund recently opened to all US investors, offering exposure to startups like SpaceX and OpenAI. Check out the <a class="link" href="https://www.ark-funds.com/portfolio/?utm_source=litquidity&utm_medium=newsletter&utm_campaign=venture_fund_ongoing&utm_content=portfolio" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">full portfolio here</a> and see <a class="link" href="https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity&utm_medium=newsletter&utm_campaign=venture_fund_ongoing&utm_content=invest_today" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">how you can invest today</a>. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> Let's dive in. </p></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="before-the-bell" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Before The Bell</b></h1></div><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><img alt="" style="margin:0 auto 0 auto;width:100%;border-radius:10px;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/6a2031a0-9843-472e-9cdb-3d329e535fdc/image.png?t=1721254683"><div style="margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;"><small style="color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;"><p>As of 07/17/2024 market close.</p></small></div></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Markets</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> A tech selloff pulled major indexes lower on reports of <a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/us-considers-tougher-trade-rules-against-companies-in-chip-crackdown-on-china?srnd=technology-vp" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">US-China trade war escalation</a></p><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Dow nonetheless notched a third-straight ATH </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Russell 2000 snapped a five-day win streak </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Nasdaq had its worst day since December 2022 </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Chip stocks slid 7% in their worst day since 2020 </p></li></ul></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Earnings</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);"><b>ASML</b></span><span style="color:rgb(34, 34, 34);"> shares plunged 13% despite comfortably beating Q2 analyst estimates due reports of US export restrictions to China (</span><a class="link" href="https://www.cnbc.com/2024/07/17/asml-earnings-report-q2-2024.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">CNBC</a><span style="color:rgb(34, 34, 34);">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);"><b>United Airlines </b></span><span style="color:rgb(34, 34, 34);">beat Q2 EPS estimates on strong international demand but missed on Q3 forecasts as flight oversupplies weigh on fares (</span><a class="link" href="https://www.cnbc.com/2024/07/17/united-ual-earnings-q2-2024.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">CNBC</a><span style="color:rgb(34, 34, 34);">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);"><b>Johnson & Johnson </b></span><span style="color:rgb(34, 34, 34);">beat Q2 EPS estimates on strong drug sales but slashed its FY profit forecast to account for recent M&A costs (</span><a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/johnson-johnson-cuts-full-year-profit-forecast-on-m-a-costs?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a><span style="color:rgb(34, 34, 34);">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);">What we're watching this week: </span></p><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);">Today: </span><span style="color:rgb(34, 34, 34);"><b>TSMC</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>Netflix</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>Domino's</b></span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);">Friday: </span><span style="color:rgb(34, 34, 34);"><b>American Express</b></span></p></li></ul></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);">Full calendar </span><a class="link" href="https://finance.yahoo.com/calendar/earnings/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">here</a></p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="headline-roundup" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Headline Roundup</b></h1></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Jamie Dimon said Fed should be patient on rate cuts (<a class="link" href="https://www.reuters.com/business/finance/fed-should-be-patient-next-move-jp-morgans-dimon-says-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Fed officials say they are 'closer' to cutting rates (<a class="link" href="https://www.reuters.com/markets/rates-bonds/feds-williams-suggests-rate-cut-could-be-warranted-coming-months-wsj-reports-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Wall Street reported its best quarter for IB in two years (<a class="link" href="https://www.ft.com/content/970d86e0-e728-49e4-b300-670685a479a8" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> US firms point to slowing activity and softer labor market (<a class="link" href="https://www.reuters.com/markets/us/more-us-fed-districts-see-pullback-economic-activity-recent-weeks-fed-survey-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Hedge funds are dumping stocks at the fastest pace in five years (<a class="link" href="https://www.reuters.com/markets/us/hedge-flow-hedge-funds-shed-risk-tech-megacap-sell-off-goldman-says-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Asian bonds saw foreign inflows for a second-straight month (<a class="link" href="https://www.reuters.com/markets/rates-bonds/asian-bonds-see-foreign-inflows-second-month-hopes-fed-rate-cut-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> HSBC named Georges Elhedery as CEO (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/hsbc-names-elhedery-as-ceo-turning-to-insider-to-replace-quinn" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Trump came out in support of TikTok, citing Meta competition (<a class="link" href="https://www.reuters.com/technology/trump-says-im-tiktok-potential-us-ban-looms-2024-07-16/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> TSMC slid 8% after Trump said Taiwan should pay for defense (<a class="link" href="https://www.reuters.com/technology/tsmc-shares-fall-more-than-2-after-trump-says-taiwan-should-pay-defence-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Google and Microsoft are offering Nvidia chips to Chinese firms (<a class="link" href="https://www.theinformation.com/articles/google-microsoft-help-chinese-firms-skirt-ban-on-nvidia-chips" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TI</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Mutual fund managers are losing billions in fees to ETF boom (<a class="link" href="https://www.ft.com/content/4d6e0964-1f99-4d5e-9a69-222d75c15874" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Petco named Joel Anderson as CEO after exit from Five Below (<a class="link" href="https://www.wsj.com/business/retail/petco-names-joel-anderson-as-ceo-following-exit-from-five-below-3382fc73?mod=business_lead_pos2" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">WSJ</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Deere slashed DEI initiatives after backlash (<a class="link" href="https://www.wsj.com/business/deere-slashes-diversity-initiatives-after-backlash-from-conservative-activist-24424500?mod=hp_lead_pos6" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">WSJ</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> An ex-Goldman/Blackstone associate was sentenced to prison for insider trading (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/ex-goldman-associate-gets-28-months-in-insider-trading-case" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="a-message-from-ark-invest" style="padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;"><h2 style="color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;"><b>A Message From ARK Invest</b></h2></div><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><a href="https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity&utm_medium=newsletter&utm_campaign=venture_fund_ongoing&utm_content=invest_today" rel="nofollow noopener noreferrer" style="text-decoration: none;" target="_blank"><img alt="" style="margin:0 auto 0 auto;width:100%;border-radius:10px;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/94e2e101-1a56-4e04-b7c9-b9254f5e8f25/image.png?t=1721259168"></a></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> The ARK Venture Fund is taking an asset class once reserved for the accredited, ultra-rich and making it available to all US investors. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> ARK offers investment exposure to companies like <b>SpaceX</b>, <b>OpenAI</b>, <b>Anthropic</b>, <b>Discord</b>, and more! <a class="link" href="https://www.ark-funds.com/portfolio/?utm_source=litquidity&utm_medium=newsletter&utm_campaign=venture_fund_ongoing&utm_content=portfolio" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">See the portfolio here</a>. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> You can invest in the ARK Venture Fund (ARKVX) with as little as a $500 minimum initial investment. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> All US self-directed investors can download the SoFi or Titan app and invest in the ARK Venture Fund (ARKVX) now. </p></div><div style="padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;"><a target="_blank" rel="noopener nofollow noreferrer" href="https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity&utm_medium=newsletter&utm_campaign=venture_fund_ongoing&utm_content=invest_today"><button style="background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;" type="button"> Learn more </button></a></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="deal-flow" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Deal Flow</b></h1></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>M&A / Investments</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> PE firms <span style=""><b>Advent</b></span>, <span style=""><b>CD&R </b></span>and <span style=""><b>PAI Partners </b></span>submitted offers for <span style=""><b>Sanofi</b></span>'sconsumer health division that values the business at ~$16.4B (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/sanofi-s-consumer-arm-said-to-draw-bids-from-advent-pai-cd-r?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> $8.8B-listed DevOps platform<span style=""><b>GitLab</b></span> is exploring a sale after attracting takeover interest (<a class="link" href="https://www.reuters.com/markets/deals/google-backed-software-developer-gitlab-explores-sale-sources-say-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> PE firms <span style=""><b>Apax Partners</b></span>, <span style=""><b>Bain Capital</b></span> and <span style=""><b>CVC </b></span>are exploring potential bids for <span style=""><b>SoftwareOne</b></span>, which rejected a $3.3B takeover bid from Bain in April (<a class="link" href="https://www.reuters.com/markets/deals/apax-bain-cvc-exploring-potential-bids-softwareone-sources-say-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>McKesson</b></span>, <span style=""><b>Cencora</b></span>, and <span style=""><b>Cardinal</b></span><span style=""><b>Health</b></span> are vying to buy<span style=""><b> Florida Cancer Specialists</b></span> which could fetch ~$3B (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/mckesson-cencora-and-cardinal-circle-florida-cancer-specialists?srnd=markets-vp&embedded-checkout=true" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Accounting firm <span style=""><b>Grant Thornton</b></span>'s UK arm is considering a potential stake sale at a $2.6B valuation (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/grant-thornton-uk-said-to-weigh-selling-stake-to-private-equity?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> $2.1B-listed Bitcoin miner <span style=""><b>Cipher</b></span>is exploring a sale after attracting takeover interest (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/bitcoin-miner-cipher-mulls-sale-amid-takeover-interest?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> German insurer <span style=""><b>Allianz</b></span> plans to buy a majority stake in Singapore's<span style=""><b>Income Insurance</b></span>for ~$1.6B (<a class="link" href="https://www.reuters.com/markets/deals/allianz-plans-buy-majority-stake-singapores-income-insurance-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Eyewear giant <span style=""><b>EssilorLuxottica</b></span> agreed to buy US streetwear brand <span style=""><b>Supreme</b></span> for $1.5B from apparel company <span style=""><b>VFC</b></span> (<a class="link" href="https://www.ft.com/content/54d2622a-b778-457e-87ca-9ef61bc83456" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Chappal Energies </b></span>agreed to buy <span style=""><b>TotalEnergies</b></span>'10% stake in its Nigerian O&G assets for $860M (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/chappal-agrees-to-buy-totalenergies-stake-in-nigeria-oil-assets?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Swiss financial software firm <span style=""><b>Temenos </b></span>is considering a sale of its fund management unit <span style=""><b>Multifonds </b></span>at a ~$650M valuation (<a class="link" href="https://www.reuters.com/markets/deals/temenos-weighs-sale-fund-management-unit-multifonds-sources-say-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Darden Restaurants</b></span> will buy Tex-Mex restaurant chain <span style=""><b>Chuy's </b></span>in a $605M cash deal (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/olive-garden-owner-will-buy-chuy-s-restaurants-for-605-million?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Disney CEO <span style=""><b>Bob Iger</b></span> and<span style=""><b> Willow Bay</b></span> will buy a majority stake in the NWSL club <span style=""><b>Angel City FC</b></span> at a $250M valuation (<a class="link" href="https://www.ft.com/content/38c33df9-834f-4687-9672-4ff8382d011b" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Hotel brand <span style=""><b>Ace Hotel</b></span> is exploring strategic options including a sale (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/ace-hotel-said-to-explore-sale-after-failed-deal-with-sortis" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Hyatt </b></span>is nearing a deal to buy boutique hotel operator <span style=""><b>Standard International </b></span>(<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/hyatt-said-to-be-in-advanced-talks-to-buy-standard-hotels-brand?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Australia's PE-owned <span style=""><b>Accolade Wines </b></span>agreed to acquire a majority of <span style=""><b>Pernod Ricard</b></span>'s wine portfolio (<a class="link" href="https://www.reuters.com/markets/commodities/pernod-ricard-sell-chunk-wine-portfolio-accolade-wine-owners-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Spanish PE firm <span style=""><b>Asterion</b></span> agreed to buy a 49% stake in an Italian airports portfolio from French PE firm <span style=""><b>Ardian</b></span> and <span style=""><b>Credit Agricole Assurance </b></span>(<a class="link" href="https://www.reuters.com/markets/deals/spains-asterion-invests-italian-airports-deal-with-ardian-credit-agricole-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>VC</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Coatue, General Catalyst, Sequoia, a16z </b>and others acquired secondary shares in design software maker <b>Figma</b> at a $12.5B valuation (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/coatue-general-catalyst-back-figma-at-12-5-billion-valuation?utm_source=twitter&utm_medium=social&utm_campaign=socialflow-organic&cmpid%3D=socialflow-twitter-tech&utm_content=tech" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Aven</b></span><span style="color:black;font-family:Arial, sans-serif;">, a startup offering credit cards backed by home equity, raised a $142M Series D led by </span><span style=""><b>Khosla Ventures</b></span><span style=""> and </span><span style=""><b>General Catalyst</b></span><span style=""> (</span><span style=""><a class="link" href="http://www.businesswire.com/news/home/20240717039124/en/Aven-Reaches-Unicorn-Status-with-142-Million-Series-D-Investment-to-Bring-the-World%E2%80%99s-First-Home-Equity-backed-Credit-Card-to-Homeowners-in-All-50-States/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BW</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">Apple device management platform </span><span style=""><b>Kandji</b></span><span style=""> raised a $100M round at an $850M valuation from </span><span style=""><b>General Catalyst</b></span><span style=""> (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/17/kandji-raises-another-100m-for-apple-device-management-as-valuation-rises-to-850m/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">B2B payments platform </span><span style=""><b>Slope</b></span><span style=""> raised $65M from </span><span style=""><b>JPMorgan</b></span><span style=""> and others (</span><span style=""><a class="link" href="http://www.businesswire.com/news/home/20240717100691/en/Slope-AI-Led-B2B-Payments-Platform-Secures-65-Million-Strategic-Equity-and-Debt-Funding-Provided-by-J.P.-Morgan-and-Others/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BW</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Amity Solutions</b></span><span style="color:black;font-family:Arial, sans-serif;">, a Thai software and AI business, raised a $60M Series C led by </span><span style=""><b>Insight Capital</b></span><span style=""> and </span><span style=""><b>SMDV</b></span><span style=""> (</span><span style=""><a class="link" href="https://www.prnewswire.com/news-releases/amity-solutions-and-parent-amity-corp-raise-us60-million-to-transform-legacy-software-products-with-generative-ai-302198858.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">PRN</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Peak Energy</b></span><span style="color:black;font-family:Arial, sans-serif;">, a low-cost, giga-scale energy storage tech, raised a $55M Series A led by </span><span style=""><b>Xora Innovation</b></span><span style=""> (</span><span style=""><a class="link" href="https://www.prnewswire.com/news-releases/peak-energy-on-track-to-rapidly-scale-sodium-ion-battery-manufacturing-in-the-us-to-secure-future-of-renewable-energy-302198843.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">PRN</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">Healthcare privacy platform </span><span style=""><b>Freshpaint</b></span><span style=""> raised a $30M Series B led by </span><span style=""><b>Threshold</b></span><span style=""> (</span><span style=""><a class="link" href="https://www.finsmes.com/2024/07/freshpaint-raises-30m-in-series-b-funding.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FN</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;"><b>Escala</b></span><span style="color:black;font-family:Arial, sans-serif;">, a CRM for Hispanic SMBs, raised a $12M round led by </span><span style=""><b>IGNIA</b></span><span style=""> and </span><span style=""><b>Alaya Capital</b></span><span style=""> (</span><span style=""><a class="link" href="https://www.prnewswire.com/news-releases/escala-completes-12m-round-to-consolidate-its-position-as-the-leading-crm-for-hispanic-smbs-302199440.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">PRN</a></span><span style="">)</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:black;font-family:Arial, sans-serif;">AI-based supply chain management platform </span><span style=""><b>Didero</b></span><span style=""> raised a $7M seed round led by </span><span style=""><b>First Round Capital</b></span><span style=""> (</span><span style=""><a class="link" href="https://techcrunch.com/2024/07/17/didero-is-using-ai-to-solve-supply-chain-management-at-mid-market-companies/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a></span><span style="">)</span></p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>IPO / Direct Listings / Issuances / Placements</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Firms including<span style=""><b>Tokyo Marine </b></span>and<span style=""><b> Mitsubishi UFJ</b></span> sold $3.16B worth of <span style=""><b>Honda</b></span> shares in block trades at a 3% discount (<a class="link" href="https://www.reuters.com/markets/deals/honda-sets-secondary-share-sale-price-3-discount-316-bln-deal-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Debt</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Carlyle </b></span>and <span style=""><b>KKR</b></span>will acquire a student loans portfolio from <span style=""><b>Discover</b></span>for ~$10.8B (<a class="link" href="https://www.reuters.com/business/finance/discover-sells-student-loan-portfolio-up-108-bln-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Morgan Stanley </b></span>raised $8B in a bond sale (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/morgan-stanley-brings-deal-as-investors-pile-into-bank-bonds" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Blackstone</b></span> upsized its $2B CMBS offering to ~$3B to help fund its $10B acquisition of apartment landlord <span style=""><b>AIR Communities</b></span>(<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/blackstone-increases-bond-sale-to-help-pay-for-reit-acquisition" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>BlackRock</b></span>-led investors in <span style=""><b>Aramco</b></span>'s gas pipeline network will sell $3B in bonds to refinance debt backing their stake purchase in 2021 (<a class="link" href="https://www.reuters.com/business/energy/blackrock-led-investors-aramco-pipelines-raise-3-billion-bonds-2024-07-17/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>BlackRock</b></span>sold $2.5B in bonds to help fund its $3.2B acquisition of private-markets data business <span style=""><b>Preqin</b></span>(<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/blackrock-taps-blue-chip-bond-market-to-fund-preqin-purchase?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Bankruptcy / Restructuring / Distressed</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> A consortium led by British tycoon <b>Mike Jatania </b>agreed to buy UK cosmetics retailer <b>The Body Shop </b>out of insolvency (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/uk-s-body-shop-rescued-by-consortium-after-retailer-s-collapse?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>TPG</b></span>-backed skincare company <span style=""><b>Rodan & Fields </b></span>is in talks to hand control of the company to creditors (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/rodan-fields-plans-restructuring-deal-handing-lenders-control" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Beyond Meat</b> entered restructuring talks with a group of bondholders (<a class="link" href="https://www.wsj.com/articles/beyond-meat-engages-bondholders-for-restructuring-talks-7de6b8ae" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">WSJ</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> A court rejected a financing and sale proposal for bankrupt bus firm <span style=""><b>Coach</b></span> (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-16/bus-carrier-coach-usa-must-change-rules-for-auction-judge-says" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>777 Partners</b>-owned basketball club<span style=""><b>London Lions</b></span> is facing a winding-up petition by creditors (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/777-partners-london-basketball-team-faces-closure-by-creditors" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Fundraising</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> MM PEfirm <span style=""><b>CCMP Growth Advisors</b></span>raised $500M for a fourth fund (<a class="link" href="https://www.wsj.com/articles/ccmp-growth-advisors-raises-over-500-million-for-buyout-fund-6429ece3" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">WSJ</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Menlo Ventures</b></span>and <span style=""><b>Anthropic</b></span>launched a $100M AI VC fund (<a class="link" href="https://techcrunch.com/2024/07/17/menlo-ventures-and-anthropic-team-up-on-a-100m-ai-fund/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a>) </p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="crypto-corner" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Crypto Corner</b></h1></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Asset manager <span style=""><b>State Street </b></span>is exploring creating its own stablecoin (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-17/state-street-said-to-explore-creating-stablecoin-deposit-token" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Struggling Bitcoin miners are seeking deals with AI firms (<a class="link" href="https://www.ft.com/content/a3e02262-11ea-4125-a38d-b13dbb86767e" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="execs-picks" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Exec鈥檚 Picks</b></h1></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Even Wall St bankers' kids need lessons in financial literacy, <a class="link" href="https://www.ft.com/content/d401ccb0-3760-42fc-8a71-e5225be052d8" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">according to FT</a>. </p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="new-opportunity-growth-equity" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b> New Opportunity - Growth Equity</b></h1></div><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><a href="https://www.litneypartners.com/" rel="nofollow noopener noreferrer" style="text-decoration: none;" target="_blank"><img alt="" style="margin:0 auto 0 auto;width:100%;border-radius:15px;border-style:solid;border-width:2px;box-sizing:border-box;border-color:#001585;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cf2f9ea-4e4c-4b4a-a9e4-c11a1476c89a/litney_partners.png?t=1718914436"></a></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Smash Capital</b> - Growth Equity Investor, Immediate Start, NYC or LA </p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Venture capital firm with over $1.5B in AUM, is hiring growth equity investors for immediate start in NYC and LA </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> The firm invests in technology companies across enterprise software, consumer internet, gaming, financial services, healthcare, and commerce </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Seeking experienced growth equity investors, with at least two years of experience from a top management consulting firm or investment bank and at least two years of software-focused buy side experience in growth equity, VC, or private equity </p></li></ul></div><div style="padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;"><a target="_blank" rel="noopener nofollow noreferrer" 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style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:center;\"\u003e\u003cb\u003eTogether with\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026utm_medium=newsletter\u0026utm_campaign=venture_fund_ongoing\u0026utm_content=invest_today\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:22%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/52e3ff15-6612-4809-a2a7-e6ec0db81676/image.png?t=1721259146\"/\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eGood Morning,\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Dimon thinks the Fed should wait on rate cuts, Trump u-turned on TikTok, Wall St reported its best IB results in two years, and chip stocks got absolutely whooped. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK Venture Fund recently opened to all US investors, offering exposure to startups like SpaceX and OpenAI. Check out the \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026utm_medium=newsletter\u0026utm_campaign=venture_fund_ongoing\u0026utm_content=portfolio\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003efull portfolio here\u003c/a\u003e and see \u003ca class=\"link\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026utm_medium=newsletter\u0026utm_campaign=venture_fund_ongoing\u0026utm_content=invest_today\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehow you can invest today\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Let\u0026#39;s dive in. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"before-the-bell\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eBefore The Bell\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/6a2031a0-9843-472e-9cdb-3d329e535fdc/image.png?t=1721254683\"/\u003e\u003cdiv style=\"margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;\"\u003e\u003csmall style=\"color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;\"\u003e\u003cp\u003eAs of 07/17/2024 market close.\u003c/p\u003e\u003c/small\u003e\u003c/div\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eMarkets\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A tech selloff pulled major indexes lower on reports of \u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/us-considers-tougher-trade-rules-against-companies-in-chip-crackdown-on-china?srnd=technology-vp\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eUS-China trade war escalation\u003c/a\u003e\u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Dow nonetheless notched a third-straight ATH \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Russell 2000 snapped a five-day win streak \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Nasdaq had its worst day since December 2022 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Chip stocks slid 7% in their worst day since 2020 \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eEarnings\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eASML\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e shares plunged 13% despite comfortably beating Q2 analyst estimates due reports of US export restrictions to China (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/17/asml-earnings-report-q2-2024.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eUnited Airlines \u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003ebeat Q2 EPS estimates on strong international demand but missed on Q3 forecasts as flight oversupplies weigh on fares (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/17/united-ual-earnings-q2-2024.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eJohnson \u0026 Johnson \u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003ebeat Q2 EPS estimates on strong drug sales but slashed its FY profit forecast to account for recent M\u0026A costs (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/johnson-johnson-cuts-full-year-profit-forecast-on-m-a-costs?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eWhat we\u0026#39;re watching this week:聽聽\u003c/span\u003e\u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eToday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eTSMC\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eNetflix\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eDomino\u0026#39;s\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFriday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eAmerican Express\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFull calendar \u003c/span\u003e\u003ca class=\"link\" href=\"https://finance.yahoo.com/calendar/earnings/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehere\u003c/a\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"headline-roundup\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eHeadline Roundup\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Jamie Dimon said Fed should be patient on rate cuts (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/fed-should-be-patient-next-move-jp-morgans-dimon-says-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Fed officials say they are \u0026#39;closer\u0026#39; to cutting rates (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/rates-bonds/feds-williams-suggests-rate-cut-could-be-warranted-coming-months-wsj-reports-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Wall Street reported its best quarter for IB in two years (\u003ca class=\"link\" href=\"https://www.ft.com/content/970d86e0-e728-49e4-b300-670685a479a8\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US firms point to slowing activity and softer labor market (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/more-us-fed-districts-see-pullback-economic-activity-recent-weeks-fed-survey-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hedge funds are dumping stocks at the fastest pace in five years (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/hedge-flow-hedge-funds-shed-risk-tech-megacap-sell-off-goldman-says-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Asian bonds saw foreign inflows for a second-straight month (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/rates-bonds/asian-bonds-see-foreign-inflows-second-month-hopes-fed-rate-cut-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e HSBC named Georges Elhedery as CEO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/hsbc-names-elhedery-as-ceo-turning-to-insider-to-replace-quinn\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Trump came out in support of TikTok, citing Meta competition (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/trump-says-im-tiktok-potential-us-ban-looms-2024-07-16/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e TSMC slid 8% after Trump said Taiwan should pay for defense (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/tsmc-shares-fall-more-than-2-after-trump-says-taiwan-should-pay-defence-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Google and Microsoft are offering Nvidia chips to Chinese firms (\u003ca class=\"link\" href=\"https://www.theinformation.com/articles/google-microsoft-help-chinese-firms-skirt-ban-on-nvidia-chips\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTI\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Mutual fund managers are losing billions in fees to ETF boom (\u003ca class=\"link\" href=\"https://www.ft.com/content/4d6e0964-1f99-4d5e-9a69-222d75c15874\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Petco named Joel Anderson as CEO after exit from Five Below (\u003ca class=\"link\" href=\"https://www.wsj.com/business/retail/petco-names-joel-anderson-as-ceo-following-exit-from-five-below-3382fc73?mod=business_lead_pos2\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Deere slashed DEI initiatives after backlash (\u003ca class=\"link\" href=\"https://www.wsj.com/business/deere-slashes-diversity-initiatives-after-backlash-from-conservative-activist-24424500?mod=hp_lead_pos6\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e An ex-Goldman/Blackstone associate was sentenced to prison for insider trading (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/ex-goldman-associate-gets-28-months-in-insider-trading-case\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"a-message-from-ark-invest\" style=\"padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch2 style=\"color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;\"\u003e\u003cb\u003eA Message From ARK Invest\u003c/b\u003e\u003c/h2\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026utm_medium=newsletter\u0026utm_campaign=venture_fund_ongoing\u0026utm_content=invest_today\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/94e2e101-1a56-4e04-b7c9-b9254f5e8f25/image.png?t=1721259168\"/\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e The ARK Venture Fund is taking an asset class once reserved for the accredited, ultra-rich and making it available to all US investors. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK offers investment exposure to companies like \u003cb\u003eSpaceX\u003c/b\u003e, \u003cb\u003eOpenAI\u003c/b\u003e, \u003cb\u003eAnthropic\u003c/b\u003e, \u003cb\u003eDiscord\u003c/b\u003e, and more! \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026utm_medium=newsletter\u0026utm_campaign=venture_fund_ongoing\u0026utm_content=portfolio\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSee the portfolio here\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e You can invest in the ARK Venture Fund (ARKVX) with as little as a $500 minimum initial investment. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e All US self-directed investors can download the SoFi or Titan app and invest in the ARK Venture Fund (ARKVX) now. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026utm_medium=newsletter\u0026utm_campaign=venture_fund_ongoing\u0026utm_content=invest_today\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e Learn more \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"deal-flow\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eDeal Flow\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eM\u0026A / Investments\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firms \u003cspan style=\"\"\u003e\u003cb\u003eAdvent\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eCD\u0026R \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003ePAI Partners \u003c/b\u003e\u003c/span\u003esubmitted offers for \u003cspan style=\"\"\u003e\u003cb\u003eSanofi\u003c/b\u003e\u003c/span\u003e\u0026#39;sconsumer health division that values the business at ~$16.4B (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/sanofi-s-consumer-arm-said-to-draw-bids-from-advent-pai-cd-r?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e $8.8B-listed DevOps platform\u003cspan style=\"\"\u003e\u003cb\u003eGitLab\u003c/b\u003e\u003c/span\u003e is exploring a sale after attracting takeover interest (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/google-backed-software-developer-gitlab-explores-sale-sources-say-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firms \u003cspan style=\"\"\u003e\u003cb\u003eApax Partners\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eBain Capital\u003c/b\u003e\u003c/span\u003e and \u003cspan style=\"\"\u003e\u003cb\u003eCVC \u003c/b\u003e\u003c/span\u003eare exploring potential bids for \u003cspan style=\"\"\u003e\u003cb\u003eSoftwareOne\u003c/b\u003e\u003c/span\u003e, which rejected a $3.3B takeover bid from Bain in April (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/apax-bain-cvc-exploring-potential-bids-softwareone-sources-say-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMcKesson\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eCencora\u003c/b\u003e\u003c/span\u003e, and \u003cspan style=\"\"\u003e\u003cb\u003eCardinal\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHealth\u003c/b\u003e\u003c/span\u003e are vying to buy\u003cspan style=\"\"\u003e\u003cb\u003e Florida Cancer Specialists\u003c/b\u003e\u003c/span\u003e which could fetch ~$3B (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/mckesson-cencora-and-cardinal-circle-florida-cancer-specialists?srnd=markets-vp\u0026embedded-checkout=true\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Accounting firm \u003cspan style=\"\"\u003e\u003cb\u003eGrant Thornton\u003c/b\u003e\u003c/span\u003e\u0026#39;s UK arm is considering a potential stake sale at a $2.6B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/grant-thornton-uk-said-to-weigh-selling-stake-to-private-equity?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e $2.1B-listed Bitcoin miner \u003cspan style=\"\"\u003e\u003cb\u003eCipher\u003c/b\u003e\u003c/span\u003eis exploring a sale after attracting takeover interest (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/bitcoin-miner-cipher-mulls-sale-amid-takeover-interest?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e German insurer \u003cspan style=\"\"\u003e\u003cb\u003eAllianz\u003c/b\u003e\u003c/span\u003e plans to buy a majority stake in Singapore\u0026#39;s\u003cspan style=\"\"\u003e\u003cb\u003eIncome Insurance\u003c/b\u003e\u003c/span\u003efor ~$1.6B (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/allianz-plans-buy-majority-stake-singapores-income-insurance-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)聽聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Eyewear giant \u003cspan style=\"\"\u003e\u003cb\u003eEssilorLuxottica\u003c/b\u003e\u003c/span\u003e agreed to buy US streetwear brand \u003cspan style=\"\"\u003e\u003cb\u003eSupreme\u003c/b\u003e\u003c/span\u003e for $1.5B from apparel company \u003cspan style=\"\"\u003e\u003cb\u003eVFC\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.ft.com/content/54d2622a-b778-457e-87ca-9ef61bc83456\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eChappal Energies \u003c/b\u003e\u003c/span\u003eagreed to buy \u003cspan style=\"\"\u003e\u003cb\u003eTotalEnergies\u003c/b\u003e\u003c/span\u003e\u0026#39;10% stake in its Nigerian O\u0026G assets for $860M (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/chappal-agrees-to-buy-totalenergies-stake-in-nigeria-oil-assets?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Swiss financial software firm \u003cspan style=\"\"\u003e\u003cb\u003eTemenos \u003c/b\u003e\u003c/span\u003eis considering a sale of its fund management unit \u003cspan style=\"\"\u003e\u003cb\u003eMultifonds \u003c/b\u003e\u003c/span\u003eat a ~$650M valuation (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/temenos-weighs-sale-fund-management-unit-multifonds-sources-say-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eDarden Restaurants\u003c/b\u003e\u003c/span\u003e will buy Tex-Mex restaurant chain \u003cspan style=\"\"\u003e\u003cb\u003eChuy\u0026#39;s \u003c/b\u003e\u003c/span\u003ein a $605M cash deal (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/olive-garden-owner-will-buy-chuy-s-restaurants-for-605-million?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Disney CEO \u003cspan style=\"\"\u003e\u003cb\u003eBob Iger\u003c/b\u003e\u003c/span\u003e and\u003cspan style=\"\"\u003e\u003cb\u003e Willow Bay\u003c/b\u003e\u003c/span\u003e will buy a majority stake in the NWSL club \u003cspan style=\"\"\u003e\u003cb\u003eAngel City FC\u003c/b\u003e\u003c/span\u003e at a $250M valuation (\u003ca class=\"link\" href=\"https://www.ft.com/content/38c33df9-834f-4687-9672-4ff8382d011b\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hotel brand \u003cspan style=\"\"\u003e\u003cb\u003eAce Hotel\u003c/b\u003e\u003c/span\u003e is exploring strategic options including a sale (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/ace-hotel-said-to-explore-sale-after-failed-deal-with-sortis\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHyatt \u003c/b\u003e\u003c/span\u003eis nearing a deal to buy boutique hotel operator \u003cspan style=\"\"\u003e\u003cb\u003eStandard International \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/hyatt-said-to-be-in-advanced-talks-to-buy-standard-hotels-brand?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Australia\u0026#39;s PE-owned \u003cspan style=\"\"\u003e\u003cb\u003eAccolade Wines \u003c/b\u003e\u003c/span\u003eagreed to acquire a majority of \u003cspan style=\"\"\u003e\u003cb\u003ePernod Ricard\u003c/b\u003e\u003c/span\u003e\u0026#39;s wine portfolio (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/commodities/pernod-ricard-sell-chunk-wine-portfolio-accolade-wine-owners-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Spanish PE firm \u003cspan style=\"\"\u003e\u003cb\u003eAsterion\u003c/b\u003e\u003c/span\u003e agreed to buy a 49% stake in an Italian airports portfolio from French PE firm \u003cspan style=\"\"\u003e\u003cb\u003eArdian\u003c/b\u003e\u003c/span\u003e and \u003cspan style=\"\"\u003e\u003cb\u003eCredit Agricole Assurance \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/spains-asterion-invests-italian-airports-deal-with-ardian-credit-agricole-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eVC\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eCoatue, General Catalyst, Sequoia, a16z \u003c/b\u003eand others acquired secondary shares in design software maker \u003cb\u003eFigma\u003c/b\u003e at a $12.5B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/coatue-general-catalyst-back-figma-at-12-5-billion-valuation?utm_source=twitter\u0026utm_medium=social\u0026utm_campaign=socialflow-organic\u0026cmpid%3D=socialflow-twitter-tech\u0026utm_content=tech\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eAven\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a startup offering credit cards backed by home equity, raised a $142M Series D led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKhosla Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eGeneral Catalyst\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"http://www.businesswire.com/news/home/20240717039124/en/Aven-Reaches-Unicorn-Status-with-142-Million-Series-D-Investment-to-Bring-the-World%E2%80%99s-First-Home-Equity-backed-Credit-Card-to-Homeowners-in-All-50-States/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBW\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eApple device management platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKandji\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $100M round at an $850M valuation from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eGeneral Catalyst\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/kandji-raises-another-100m-for-apple-device-management-as-valuation-rises-to-850m/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eB2B payments platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSlope\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised $65M from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eJPMorgan\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and others (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"http://www.businesswire.com/news/home/20240717100691/en/Slope-AI-Led-B2B-Payments-Platform-Secures-65-Million-Strategic-Equity-and-Debt-Funding-Provided-by-J.P.-Morgan-and-Others/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBW\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eAmity Solutions\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a Thai software and AI business, raised a $60M Series C led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eInsight Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSMDV\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/amity-solutions-and-parent-amity-corp-raise-us60-million-to-transform-legacy-software-products-with-generative-ai-302198858.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003ePeak Energy\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a low-cost, giga-scale energy storage tech, raised a $55M Series A led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eXora Innovation\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/peak-energy-on-track-to-rapidly-scale-sodium-ion-battery-manufacturing-in-the-us-to-secure-future-of-renewable-energy-302198843.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eHealthcare privacy platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFreshpaint\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $30M Series B led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eThreshold\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/freshpaint-raises-30m-in-series-b-funding.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eEscala\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a CRM for Hispanic SMBs, raised a $12M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIGNIA\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAlaya Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/escala-completes-12m-round-to-consolidate-its-position-as-the-leading-crm-for-hispanic-smbs-302199440.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI-based supply chain management platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eDidero\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $7M seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFirst Round Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/didero-is-using-ai-to-solve-supply-chain-management-at-mid-market-companies/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eIPO / Direct Listings / Issuances / Placements\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Firms including\u003cspan style=\"\"\u003e\u003cb\u003eTokyo Marine \u003c/b\u003e\u003c/span\u003eand\u003cspan style=\"\"\u003e\u003cb\u003e Mitsubishi UFJ\u003c/b\u003e\u003c/span\u003e sold $3.16B worth of \u003cspan style=\"\"\u003e\u003cb\u003eHonda\u003c/b\u003e\u003c/span\u003e shares in block trades at a 3% discount (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/honda-sets-secondary-share-sale-price-3-discount-316-bln-deal-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eDebt\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCarlyle \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003ewill acquire a student loans portfolio from \u003cspan style=\"\"\u003e\u003cb\u003eDiscover\u003c/b\u003e\u003c/span\u003efor ~$10.8B (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/discover-sells-student-loan-portfolio-up-108-bln-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMorgan Stanley \u003c/b\u003e\u003c/span\u003eraised $8B in a bond sale (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/morgan-stanley-brings-deal-as-investors-pile-into-bank-bonds\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone\u003c/b\u003e\u003c/span\u003e upsized its $2B CMBS offering to ~$3B to help fund its $10B acquisition of apartment landlord \u003cspan style=\"\"\u003e\u003cb\u003eAIR Communities\u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/blackstone-increases-bond-sale-to-help-pay-for-reit-acquisition\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackRock\u003c/b\u003e\u003c/span\u003e-led investors in \u003cspan style=\"\"\u003e\u003cb\u003eAramco\u003c/b\u003e\u003c/span\u003e\u0026#39;s gas pipeline network will sell $3B in bonds to refinance debt backing their stake purchase in 2021 (\u003ca class=\"link\" href=\"https://www.reuters.com/business/energy/blackrock-led-investors-aramco-pipelines-raise-3-billion-bonds-2024-07-17/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackRock\u003c/b\u003e\u003c/span\u003esold $2.5B in bonds to help fund its $3.2B acquisition of private-markets data business \u003cspan style=\"\"\u003e\u003cb\u003ePreqin\u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/blackrock-taps-blue-chip-bond-market-to-fund-preqin-purchase?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eBankruptcy / Restructuring / Distressed\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A consortium led by British tycoon \u003cb\u003eMike Jatania \u003c/b\u003eagreed to buy UK cosmetics retailer \u003cb\u003eThe Body Shop \u003c/b\u003eout of insolvency (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/uk-s-body-shop-rescued-by-consortium-after-retailer-s-collapse?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eTPG\u003c/b\u003e\u003c/span\u003e-backed skincare company \u003cspan style=\"\"\u003e\u003cb\u003eRodan \u0026 Fields \u003c/b\u003e\u003c/span\u003eis in talks to hand control of the company to creditors (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/rodan-fields-plans-restructuring-deal-handing-lenders-control\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eBeyond Meat\u003c/b\u003e entered restructuring talks with a group of bondholders (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/beyond-meat-engages-bondholders-for-restructuring-talks-7de6b8ae\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A court rejected a financing and sale proposal for bankrupt bus firm \u003cspan style=\"\"\u003e\u003cb\u003eCoach\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-16/bus-carrier-coach-usa-must-change-rules-for-auction-judge-says\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003e777 Partners\u003c/b\u003e-owned basketball club\u003cspan style=\"\"\u003e\u003cb\u003eLondon Lions\u003c/b\u003e\u003c/span\u003e is facing a winding-up petition by creditors (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/777-partners-london-basketball-team-faces-closure-by-creditors\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eFundraising\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e MM PEfirm \u003cspan style=\"\"\u003e\u003cb\u003eCCMP Growth Advisors\u003c/b\u003e\u003c/span\u003eraised $500M for a fourth fund (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/ccmp-growth-advisors-raises-over-500-million-for-buyout-fund-6429ece3\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMenlo Ventures\u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eAnthropic\u003c/b\u003e\u003c/span\u003elaunched a $100M AI VC fund (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/menlo-ventures-and-anthropic-team-up-on-a-100m-ai-fund/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"crypto-corner\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eCrypto Corner\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Asset manager \u003cspan style=\"\"\u003e\u003cb\u003eState Street \u003c/b\u003e\u003c/span\u003eis exploring creating its own stablecoin (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/state-street-said-to-explore-creating-stablecoin-deposit-token\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Struggling Bitcoin miners are seeking deals with AI firms (\u003ca class=\"link\" href=\"https://www.ft.com/content/a3e02262-11ea-4125-a38d-b13dbb86767e\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"execs-picks\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eExec鈥檚 Picks\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Even Wall St bankers\u0026#39; kids need lessons in financial literacy, \u003ca class=\"link\" href=\"https://www.ft.com/content/d401ccb0-3760-42fc-8a71-e5225be052d8\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eaccording to FT\u003c/a\u003e. \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"new-opportunity-growth-equity\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003e New Opportunity - Growth Equity\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.litneypartners.com/\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:15px;border-style:solid;border-width:2px;box-sizing:border-box;border-color:#001585;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cf2f9ea-4e4c-4b4a-a9e4-c11a1476c89a/litney_partners.png?t=1718914436\"/\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eSmash Capital\u003c/b\u003e - Growth Equity Investor, Immediate Start, NYC or LA \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Venture capital firm with over $1.5B in AUM, is hiring growth equity investors for immediate start in NYC and LA \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e The firm invests in technology companies across enterprise software, consumer internet, gaming, financial services, healthcare, and commerce \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Seeking experienced growth equity investors, with at least two years of experience from a top management consulting firm or investment bank and at least two years of software-focused buy side experience in growth equity, VC, or private equity 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width: 100% !important;\n }\n}\n\n\u003c/style\u003e\u003cscript async=\"\" id=\"tiktok-script\" src=\"https://www.tiktok.com/embed.js\" type=\"text/javascript\"\u003e\u003c/script\u003e\u003cscript async=\"\" defer=\"\" id=\"twitter-wjs\" src=\"https://platform.twitter.com/widgets.js\" type=\"text/javascript\"\u003e\u003c/script\u003e\u003cstyle\u003e\n .table-base, .table-c, .table-h { border: 1px solid #C0C0C0; }\n .table-c { padding:5px; background-color:#FFFFFF; }\n .table-c p { color: #2D2D2D; font-family:'Helvetica',Arial,sans-serif !important; overflow-wrap: break-word; }\n .table-h { padding:5px; background-color:#F1F1F1; }\n .table-h p { color: #2A2A2A; font-family:'Trebuchet MS','Lucida Grande',Tahoma,sans-serif !important; overflow-wrap: break-word; }\n\u003c/style\u003e\u003c/div\u003e\u003cdiv class=\"bg-wt-background\" style=\"color: var(--wt-text-on-background-color) !important;\"\u003e\u003cdiv class=\"rendered-post\" style=\"max-width: 672px; margin: 0 auto;\"\u003e\u003cdiv class=\"bg-wt-background text-wt-text-on-background\"\u003e\u003cdiv style=\"padding-top:1.5rem; padding-bottom:1.5rem;\"\u003e\u003cstyle\u003e\n .bh__byline_wrapper {\n font-size: .875rem;\n line-height: 1.25rem;\n vertical-align: middle;\n justify-content: space-between;\n display: block;\n }\n \n .bh__byline_social_wrapper {\n display: flex;\n margin-top: 0.5rem;\n align-items: center;\n }\n \n .bh__byline_social_wrapper \u003e * + * {\n margin-left: 1rem;\n }\n \n @media (min-width: 768px) {\n .bh__byline_wrapper {\n display: flex;\n }\n \n .bh__byline_social_wrapper {\n margin-top: 0rem;\n }\n }\n\u003c/style\u003e\u003cdiv id=\"web-header\" style=\"padding-left: 20px; padding-right: 20px; color: var(--wt-text-on-background-color) !important; padding-bottom: 2rem;\"\u003e\u003ch1 style=\"font-size: 36px; font-family:'Helvetica',Arial,sans-serif; line-height: 2.5rem; padding-bottom: 8px; font-weight: 700;\"\u003eSlippery Chips\u003c/h1\u003e\u003ch2 style=\"font-size: 20px; font-family:'Helvetica',Arial,sans-serif; line-height: 1.75rem; padding-bottom: 20px; color: #8A8A8A; font-weight: 400;\"\u003eDimon thinks the Fed should wait on rate cuts, Trump u-turned on TikTok, Wall St reported its best IB results in two years, and chip stocks got absolutely whooped.\u003c/h2\u003e\u003cdiv class=\"bh__byline_wrapper\"\u003e\u003cdiv\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cdiv style=\"display:flex; flex-direction:row; justify-content:flex-start;\"\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cimg alt=\"Author\" height=\"40\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/user/profile_picture/2e8f4f5d-5856-4463-ad71-a48cbba10c7a/thumb_litcap.jpg\" style=\"height:40px;width:40px;border:4px solid rgba(0,0,0,0);left:-4px;z-index:10;box-sizing:content-box;position:relative;border-radius:9999px;\" width=\"40\"\u003e\u003c/div\u003e\u003cdiv style=\"display:flex; align-items:center;\"\u003e\u003cp style=\"left:8px;position:relative;font-family:'Helvetica',Arial,sans-serif;font-weight:normal;font-size:14px;color: var(--wt-text-on-background-color);margin:0px;line-height:20px;\"\u003e\u003cspan\u003e\u003ca href=\"https://www.execsum.co/authors/2e8f4f5d-5856-4463-ad71-a48cbba10c7a\" target=\"_blank\" style=\"color:var(--wt-text-on-background-color) !important;text-decoration:underline !important;\"\u003eLitquidity Capital\u003c/a\u003e\u003c/span\u003e\u003cbr\u003e\u003cspan class=\"text-wt-text-on-background\" style=\"opacity:0.75;\"\u003e July 18, 2024 \u003c/span\u003e\u003c/p\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv class=\"bh__byline_social_wrapper\"\u003e\u003ca href=\"https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.execsum.co%2Fp%2Fslippery-chips\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 212 212\" width=\"100%\" xmlns=\"http://www.w3.org/2000/svg\"\u003e\u003ccircle cx=\"106.214\" cy=\"105.5\" fill-opacity=\"0.15\" fill=\"#9CA3AF\" r=\"105.5\"\u003e\u003c/circle\u003e\u003cpath d=\"M96.9223 92.1778H87.0327V105.498H96.9223V145.461H113.405V105.498H125.273L126.591 92.1778H113.405V86.5165C113.405 83.5193 114.064 82.1873 117.031 82.1873H126.591V65.5364H114.064C102.197 65.5364 96.9223 70.8647 96.9223 80.8552V92.1778Z\" fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003ca href=\"https://twitter.com/intent/tweet?text=Dimon+thinks+the+Fed+should+wait+on+rate+cuts%2C+Trump+u-turned+on+TikTok%2C+Wall+St+reported+its+best+IB+results+in+two+years%2C+and+chip+stocks+got+absolutely+whooped.\u0026amp;url=https%3A%2F%2Fwww.execsum.co%2Fp%2Fslippery-chips\u0026amp;via=litcapital\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 52 52\" width=\"100%\" 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href=\"https://www.linkedin.com/sharing/share-offsite?url=https%3A%2F%2Fwww.execsum.co%2Fp%2Fslippery-chips\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 211 211\" width=\"100%\" xmlns=\"http://www.w3.org/2000/svg\"\u003e\u003ccircle cx=\"105.5\" cy=\"105.5\" fill-opacity=\"0.15\" fill=\"#9CA3AF\" r=\"105.5\"\u003e\u003c/circle\u003e\u003cpath d=\"M82.1892 75.4698C82.1892 80.1362 78.526 83.8026 73.8638 83.8026C69.2015 83.8026 65.5383 80.1362 65.5383 75.4698C65.5383 70.8034 69.2015 67.137 73.8638 67.137C78.526 67.137 82.1892 70.8034 82.1892 75.4698ZM82.1892 90.4689H65.5383V143.799H82.1892V90.4689ZM108.831 90.4689H92.1797V143.799H108.831V115.801C108.831 100.135 128.812 98.8017 128.812 115.801V143.799H145.463V110.134C145.463 83.8026 115.824 84.8026 108.831 97.8018V90.4689Z\" fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"content-blocks\"\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:center;\"\u003e\u003cb\u003eTogether with\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:22%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/52e3ff15-6612-4809-a2a7-e6ec0db81676/image.png?t=1721259146\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eGood Morning,\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Dimon thinks the Fed should wait on rate cuts, Trump u-turned on TikTok, Wall St reported its best IB results in two years, and chip stocks got absolutely whooped. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK Venture Fund recently opened to all US investors, offering exposure to startups like SpaceX and OpenAI. Check out the \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=portfolio\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003efull portfolio here\u003c/a\u003e and see \u003ca class=\"link\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehow you can invest today\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Let's dive in. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"before-the-bell\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eBefore The Bell\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/6a2031a0-9843-472e-9cdb-3d329e535fdc/image.png?t=1721254683\"\u003e\u003cdiv style=\"margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;\"\u003e\u003csmall style=\"color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;\"\u003e\u003cp\u003eAs of 07/17/2024 market close.\u003c/p\u003e\u003c/small\u003e\u003c/div\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eMarkets\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A tech selloff pulled major indexes lower on reports of \u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/us-considers-tougher-trade-rules-against-companies-in-chip-crackdown-on-china?srnd=technology-vp\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eUS-China trade war escalation\u003c/a\u003e\u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Dow nonetheless notched a third-straight ATH \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Russell 2000 snapped a five-day win streak \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Nasdaq had its worst day since December 2022 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Chip stocks slid 7% in their worst day since 2020 \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eEarnings\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eASML\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e shares plunged 13% despite comfortably beating Q2 analyst estimates due reports of US export restrictions to China (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/17/asml-earnings-report-q2-2024.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eUnited Airlines \u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003ebeat Q2 EPS estimates on strong international demand but missed on Q3 forecasts as flight oversupplies weigh on fares (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/17/united-ual-earnings-q2-2024.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eJohnson \u0026amp; Johnson \u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003ebeat Q2 EPS estimates on strong drug sales but slashed its FY profit forecast to account for recent M\u0026amp;A costs (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/johnson-johnson-cuts-full-year-profit-forecast-on-m-a-costs?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eWhat we're watching this week:\u0026nbsp;\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eToday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eTSMC\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eNetflix\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eDomino's\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFriday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eAmerican Express\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFull calendar \u003c/span\u003e\u003ca class=\"link\" href=\"https://finance.yahoo.com/calendar/earnings/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehere\u003c/a\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"headline-roundup\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eHeadline Roundup\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Jamie Dimon said Fed should be patient on rate cuts (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/fed-should-be-patient-next-move-jp-morgans-dimon-says-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Fed officials say they are 'closer' to cutting rates (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/rates-bonds/feds-williams-suggests-rate-cut-could-be-warranted-coming-months-wsj-reports-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Wall Street reported its best quarter for IB in two years (\u003ca class=\"link\" href=\"https://www.ft.com/content/970d86e0-e728-49e4-b300-670685a479a8\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US firms point to slowing activity and softer labor market (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/more-us-fed-districts-see-pullback-economic-activity-recent-weeks-fed-survey-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hedge funds are dumping stocks at the fastest pace in five years (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/hedge-flow-hedge-funds-shed-risk-tech-megacap-sell-off-goldman-says-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Asian bonds saw foreign inflows for a second-straight month (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/rates-bonds/asian-bonds-see-foreign-inflows-second-month-hopes-fed-rate-cut-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e HSBC named Georges Elhedery as CEO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/hsbc-names-elhedery-as-ceo-turning-to-insider-to-replace-quinn\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Trump came out in support of TikTok, citing Meta competition (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/trump-says-im-tiktok-potential-us-ban-looms-2024-07-16/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e TSMC slid 8% after Trump said Taiwan should pay for defense (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/tsmc-shares-fall-more-than-2-after-trump-says-taiwan-should-pay-defence-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Google and Microsoft are offering Nvidia chips to Chinese firms (\u003ca class=\"link\" href=\"https://www.theinformation.com/articles/google-microsoft-help-chinese-firms-skirt-ban-on-nvidia-chips\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTI\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Mutual fund managers are losing billions in fees to ETF boom (\u003ca class=\"link\" href=\"https://www.ft.com/content/4d6e0964-1f99-4d5e-9a69-222d75c15874\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Petco named Joel Anderson as CEO after exit from Five Below (\u003ca class=\"link\" href=\"https://www.wsj.com/business/retail/petco-names-joel-anderson-as-ceo-following-exit-from-five-below-3382fc73?mod=business_lead_pos2\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Deere slashed DEI initiatives after backlash (\u003ca class=\"link\" href=\"https://www.wsj.com/business/deere-slashes-diversity-initiatives-after-backlash-from-conservative-activist-24424500?mod=hp_lead_pos6\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e An ex-Goldman/Blackstone associate was sentenced to prison for insider trading (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/ex-goldman-associate-gets-28-months-in-insider-trading-case\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"a-message-from-ark-invest\" style=\"padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch2 style=\"color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;\"\u003e\u003cb\u003eA Message From ARK Invest\u003c/b\u003e\u003c/h2\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/94e2e101-1a56-4e04-b7c9-b9254f5e8f25/image.png?t=1721259168\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e The ARK Venture Fund is taking an asset class once reserved for the accredited, ultra-rich and making it available to all US investors. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK offers investment exposure to companies like \u003cb\u003eSpaceX\u003c/b\u003e, \u003cb\u003eOpenAI\u003c/b\u003e, \u003cb\u003eAnthropic\u003c/b\u003e, \u003cb\u003eDiscord\u003c/b\u003e, and more! \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=portfolio\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSee the portfolio here\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e You can invest in the ARK Venture Fund (ARKVX) with as little as a $500 minimum initial investment. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e All US self-directed investors can download the SoFi or Titan app and invest in the ARK Venture Fund (ARKVX) now. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e Learn more \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"deal-flow\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eDeal Flow\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eM\u0026amp;A / Investments\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firms \u003cspan style=\"\"\u003e\u003cb\u003eAdvent\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eCD\u0026amp;R \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003ePAI Partners \u003c/b\u003e\u003c/span\u003esubmitted offers for \u003cspan style=\"\"\u003e\u003cb\u003eSanofi\u003c/b\u003e\u003c/span\u003e'sconsumer health division that values the business at ~$16.4B (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/sanofi-s-consumer-arm-said-to-draw-bids-from-advent-pai-cd-r?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e $8.8B-listed DevOps platform\u003cspan style=\"\"\u003e\u003cb\u003eGitLab\u003c/b\u003e\u003c/span\u003e is exploring a sale after attracting takeover interest (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/google-backed-software-developer-gitlab-explores-sale-sources-say-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firms \u003cspan style=\"\"\u003e\u003cb\u003eApax Partners\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eBain Capital\u003c/b\u003e\u003c/span\u003e and \u003cspan style=\"\"\u003e\u003cb\u003eCVC \u003c/b\u003e\u003c/span\u003eare exploring potential bids for \u003cspan style=\"\"\u003e\u003cb\u003eSoftwareOne\u003c/b\u003e\u003c/span\u003e, which rejected a $3.3B takeover bid from Bain in April (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/apax-bain-cvc-exploring-potential-bids-softwareone-sources-say-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMcKesson\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eCencora\u003c/b\u003e\u003c/span\u003e, and \u003cspan style=\"\"\u003e\u003cb\u003eCardinal\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHealth\u003c/b\u003e\u003c/span\u003e are vying to buy\u003cspan style=\"\"\u003e\u003cb\u003e Florida Cancer Specialists\u003c/b\u003e\u003c/span\u003e which could fetch ~$3B (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/mckesson-cencora-and-cardinal-circle-florida-cancer-specialists?srnd=markets-vp\u0026amp;embedded-checkout=true\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Accounting firm \u003cspan style=\"\"\u003e\u003cb\u003eGrant Thornton\u003c/b\u003e\u003c/span\u003e's UK arm is considering a potential stake sale at a $2.6B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/grant-thornton-uk-said-to-weigh-selling-stake-to-private-equity?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e $2.1B-listed Bitcoin miner \u003cspan style=\"\"\u003e\u003cb\u003eCipher\u003c/b\u003e\u003c/span\u003eis exploring a sale after attracting takeover interest (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/bitcoin-miner-cipher-mulls-sale-amid-takeover-interest?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e German insurer \u003cspan style=\"\"\u003e\u003cb\u003eAllianz\u003c/b\u003e\u003c/span\u003e plans to buy a majority stake in Singapore's\u003cspan style=\"\"\u003e\u003cb\u003eIncome Insurance\u003c/b\u003e\u003c/span\u003efor ~$1.6B (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/allianz-plans-buy-majority-stake-singapores-income-insurance-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp;\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Eyewear giant \u003cspan style=\"\"\u003e\u003cb\u003eEssilorLuxottica\u003c/b\u003e\u003c/span\u003e agreed to buy US streetwear brand \u003cspan style=\"\"\u003e\u003cb\u003eSupreme\u003c/b\u003e\u003c/span\u003e for $1.5B from apparel company \u003cspan style=\"\"\u003e\u003cb\u003eVFC\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.ft.com/content/54d2622a-b778-457e-87ca-9ef61bc83456\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eChappal Energies \u003c/b\u003e\u003c/span\u003eagreed to buy \u003cspan style=\"\"\u003e\u003cb\u003eTotalEnergies\u003c/b\u003e\u003c/span\u003e'10% stake in its Nigerian O\u0026amp;G assets for $860M (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/chappal-agrees-to-buy-totalenergies-stake-in-nigeria-oil-assets?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Swiss financial software firm \u003cspan style=\"\"\u003e\u003cb\u003eTemenos \u003c/b\u003e\u003c/span\u003eis considering a sale of its fund management unit \u003cspan style=\"\"\u003e\u003cb\u003eMultifonds \u003c/b\u003e\u003c/span\u003eat a ~$650M valuation (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/temenos-weighs-sale-fund-management-unit-multifonds-sources-say-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eDarden Restaurants\u003c/b\u003e\u003c/span\u003e will buy Tex-Mex restaurant chain \u003cspan style=\"\"\u003e\u003cb\u003eChuy's \u003c/b\u003e\u003c/span\u003ein a $605M cash deal (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/olive-garden-owner-will-buy-chuy-s-restaurants-for-605-million?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Disney CEO \u003cspan style=\"\"\u003e\u003cb\u003eBob Iger\u003c/b\u003e\u003c/span\u003e and\u003cspan style=\"\"\u003e\u003cb\u003e Willow Bay\u003c/b\u003e\u003c/span\u003e will buy a majority stake in the NWSL club \u003cspan style=\"\"\u003e\u003cb\u003eAngel City FC\u003c/b\u003e\u003c/span\u003e at a $250M valuation (\u003ca class=\"link\" href=\"https://www.ft.com/content/38c33df9-834f-4687-9672-4ff8382d011b\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hotel brand \u003cspan style=\"\"\u003e\u003cb\u003eAce Hotel\u003c/b\u003e\u003c/span\u003e is exploring strategic options including a sale (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/ace-hotel-said-to-explore-sale-after-failed-deal-with-sortis\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHyatt \u003c/b\u003e\u003c/span\u003eis nearing a deal to buy boutique hotel operator \u003cspan style=\"\"\u003e\u003cb\u003eStandard International \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/hyatt-said-to-be-in-advanced-talks-to-buy-standard-hotels-brand?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Australia's PE-owned \u003cspan style=\"\"\u003e\u003cb\u003eAccolade Wines \u003c/b\u003e\u003c/span\u003eagreed to acquire a majority of \u003cspan style=\"\"\u003e\u003cb\u003ePernod Ricard\u003c/b\u003e\u003c/span\u003e's wine portfolio (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/commodities/pernod-ricard-sell-chunk-wine-portfolio-accolade-wine-owners-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Spanish PE firm \u003cspan style=\"\"\u003e\u003cb\u003eAsterion\u003c/b\u003e\u003c/span\u003e agreed to buy a 49% stake in an Italian airports portfolio from French PE firm \u003cspan style=\"\"\u003e\u003cb\u003eArdian\u003c/b\u003e\u003c/span\u003e and \u003cspan style=\"\"\u003e\u003cb\u003eCredit Agricole Assurance \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/spains-asterion-invests-italian-airports-deal-with-ardian-credit-agricole-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eVC\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eCoatue, General Catalyst, Sequoia, a16z \u003c/b\u003eand others acquired secondary shares in design software maker \u003cb\u003eFigma\u003c/b\u003e at a $12.5B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/coatue-general-catalyst-back-figma-at-12-5-billion-valuation?utm_source=twitter\u0026amp;utm_medium=social\u0026amp;utm_campaign=socialflow-organic\u0026amp;cmpid%3D=socialflow-twitter-tech\u0026amp;utm_content=tech\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eAven\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a startup offering credit cards backed by home equity, raised a $142M Series D led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKhosla Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eGeneral Catalyst\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"http://www.businesswire.com/news/home/20240717039124/en/Aven-Reaches-Unicorn-Status-with-142-Million-Series-D-Investment-to-Bring-the-World%E2%80%99s-First-Home-Equity-backed-Credit-Card-to-Homeowners-in-All-50-States/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBW\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eApple device management platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKandji\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $100M round at an $850M valuation from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eGeneral Catalyst\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/kandji-raises-another-100m-for-apple-device-management-as-valuation-rises-to-850m/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eB2B payments platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSlope\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised $65M from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eJPMorgan\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and others (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"http://www.businesswire.com/news/home/20240717100691/en/Slope-AI-Led-B2B-Payments-Platform-Secures-65-Million-Strategic-Equity-and-Debt-Funding-Provided-by-J.P.-Morgan-and-Others/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBW\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eAmity Solutions\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a Thai software and AI business, raised a $60M Series C led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eInsight Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSMDV\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/amity-solutions-and-parent-amity-corp-raise-us60-million-to-transform-legacy-software-products-with-generative-ai-302198858.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003ePeak Energy\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a low-cost, giga-scale energy storage tech, raised a $55M Series A led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eXora Innovation\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/peak-energy-on-track-to-rapidly-scale-sodium-ion-battery-manufacturing-in-the-us-to-secure-future-of-renewable-energy-302198843.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eHealthcare privacy platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFreshpaint\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $30M Series B led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eThreshold\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/freshpaint-raises-30m-in-series-b-funding.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eEscala\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a CRM for Hispanic SMBs, raised a $12M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIGNIA\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAlaya Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/escala-completes-12m-round-to-consolidate-its-position-as-the-leading-crm-for-hispanic-smbs-302199440.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI-based supply chain management platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eDidero\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $7M seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFirst Round Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/didero-is-using-ai-to-solve-supply-chain-management-at-mid-market-companies/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eIPO / Direct Listings / Issuances / Placements\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Firms including\u003cspan style=\"\"\u003e\u003cb\u003eTokyo Marine \u003c/b\u003e\u003c/span\u003eand\u003cspan style=\"\"\u003e\u003cb\u003e Mitsubishi UFJ\u003c/b\u003e\u003c/span\u003e sold $3.16B worth of \u003cspan style=\"\"\u003e\u003cb\u003eHonda\u003c/b\u003e\u003c/span\u003e shares in block trades at a 3% discount (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/honda-sets-secondary-share-sale-price-3-discount-316-bln-deal-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eDebt\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCarlyle \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003ewill acquire a student loans portfolio from \u003cspan style=\"\"\u003e\u003cb\u003eDiscover\u003c/b\u003e\u003c/span\u003efor ~$10.8B (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/discover-sells-student-loan-portfolio-up-108-bln-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMorgan Stanley \u003c/b\u003e\u003c/span\u003eraised $8B in a bond sale (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/morgan-stanley-brings-deal-as-investors-pile-into-bank-bonds\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone\u003c/b\u003e\u003c/span\u003e upsized its $2B CMBS offering to ~$3B to help fund its $10B acquisition of apartment landlord \u003cspan style=\"\"\u003e\u003cb\u003eAIR Communities\u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/blackstone-increases-bond-sale-to-help-pay-for-reit-acquisition\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackRock\u003c/b\u003e\u003c/span\u003e-led investors in \u003cspan style=\"\"\u003e\u003cb\u003eAramco\u003c/b\u003e\u003c/span\u003e's gas pipeline network will sell $3B in bonds to refinance debt backing their stake purchase in 2021 (\u003ca class=\"link\" href=\"https://www.reuters.com/business/energy/blackrock-led-investors-aramco-pipelines-raise-3-billion-bonds-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackRock\u003c/b\u003e\u003c/span\u003esold $2.5B in bonds to help fund its $3.2B acquisition of private-markets data business \u003cspan style=\"\"\u003e\u003cb\u003ePreqin\u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/blackrock-taps-blue-chip-bond-market-to-fund-preqin-purchase?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eBankruptcy / Restructuring / Distressed\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A consortium led by British tycoon \u003cb\u003eMike Jatania \u003c/b\u003eagreed to buy UK cosmetics retailer \u003cb\u003eThe Body Shop \u003c/b\u003eout of insolvency (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/uk-s-body-shop-rescued-by-consortium-after-retailer-s-collapse?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eTPG\u003c/b\u003e\u003c/span\u003e-backed skincare company \u003cspan style=\"\"\u003e\u003cb\u003eRodan \u0026amp; Fields \u003c/b\u003e\u003c/span\u003eis in talks to hand control of the company to creditors (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/rodan-fields-plans-restructuring-deal-handing-lenders-control\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eBeyond Meat\u003c/b\u003e entered restructuring talks with a group of bondholders (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/beyond-meat-engages-bondholders-for-restructuring-talks-7de6b8ae\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A court rejected a financing and sale proposal for bankrupt bus firm \u003cspan style=\"\"\u003e\u003cb\u003eCoach\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-16/bus-carrier-coach-usa-must-change-rules-for-auction-judge-says\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003e777 Partners\u003c/b\u003e-owned basketball club\u003cspan style=\"\"\u003e\u003cb\u003eLondon Lions\u003c/b\u003e\u003c/span\u003e is facing a winding-up petition by creditors (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/777-partners-london-basketball-team-faces-closure-by-creditors\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eFundraising\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e MM PEfirm \u003cspan style=\"\"\u003e\u003cb\u003eCCMP Growth Advisors\u003c/b\u003e\u003c/span\u003eraised $500M for a fourth fund (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/ccmp-growth-advisors-raises-over-500-million-for-buyout-fund-6429ece3\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMenlo Ventures\u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eAnthropic\u003c/b\u003e\u003c/span\u003elaunched a $100M AI VC fund (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/menlo-ventures-and-anthropic-team-up-on-a-100m-ai-fund/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"crypto-corner\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eCrypto Corner\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Asset manager \u003cspan style=\"\"\u003e\u003cb\u003eState Street \u003c/b\u003e\u003c/span\u003eis exploring creating its own stablecoin (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/state-street-said-to-explore-creating-stablecoin-deposit-token\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Struggling Bitcoin miners are seeking deals with AI firms (\u003ca class=\"link\" href=\"https://www.ft.com/content/a3e02262-11ea-4125-a38d-b13dbb86767e\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"execs-picks\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eExec鈥檚 Picks\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Even Wall St bankers' kids need lessons in financial literacy, \u003ca class=\"link\" href=\"https://www.ft.com/content/d401ccb0-3760-42fc-8a71-e5225be052d8\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eaccording to FT\u003c/a\u003e. \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"new-opportunity-growth-equity\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003e New Opportunity - Growth Equity\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.litneypartners.com/\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:15px;border-style:solid;border-width:2px;box-sizing:border-box;border-color:#001585;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cf2f9ea-4e4c-4b4a-a9e4-c11a1476c89a/litney_partners.png?t=1718914436\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eSmash Capital\u003c/b\u003e - Growth Equity Investor, Immediate Start, NYC or LA \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Venture capital firm with over $1.5B in AUM, is hiring growth equity investors for immediate start in NYC and LA \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e The firm invests in technology companies across enterprise software, consumer internet, gaming, financial services, healthcare, and commerce \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Seeking experienced growth equity investors, with at least two years of experience from a top management consulting firm or investment bank and at least two years of software-focused buy side experience in growth equity, VC, or private equity \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.litneypartners.com/search/smash-capital-ny-la-growth-equity-investor-2024-jul\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e Apply now \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"meme-cleanser\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eMeme Cleanser\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/dougboneparth/status/1813306423259848784\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:80%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/5253ea75-cbfb-4c61-a1d1-f214c40fd9c6/image.png?t=1721259717\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/BoringBiz_/status/1813636661571690768\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:80%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/74ed1231-8175-4aeb-876f-af4bf663b0e3/image.png?t=1721259947\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/HighyieldHarry/status/1811401052287017454\" rel=\"nofollow noopener 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href=\"https://forms.gle/avC7V9tJseG6P39Q9\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eAdvertise with us\u003c/a\u003e\u003c/b\u003e\u003c/span\u003e\u003cb\u003e // \u003c/b\u003e\u003cspan style=\"text-decoration:underline;\"\u003e\u003cb\u003e\u003ca class=\"link\" href=\"https://litquidity.co/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eVisit our merch store\u003c/a\u003e\u003c/b\u003e\u003c/span\u003e\u003cb\u003e // \u003c/b\u003e\u003cspan style=\"text-decoration:underline;\"\u003e\u003cb\u003e\u003ca class=\"link\" href=\"https://forms.gle/Ukgywm3t79cqTSKA8\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eInvest alongside Lit Ventures\u003c/a\u003e\u003c/b\u003e\u003c/span\u003e\u003cb\u003e // \u003c/b\u003e\u003cspan style=\"text-decoration:underline;\"\u003e\u003cb\u003e\u003ca class=\"link\" href=\"https://calendly.com/litquidity\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBook a call with Lit\u003c/a\u003e\u003c/b\u003e\u003c/span\u003e\u003cb\u003e // \u003c/b\u003e\u003cspan style=\"text-decoration:underline;\"\u003e\u003cb\u003e\u003ca class=\"link\" href=\"https://www.beehiiv.com/?via=litquidity\u0026amp;_ga=2.68091284.425865747.1655068082-1751285988.1638793928\u0026amp;_gl=1*8md5w7*_gcl_au*NDIwODY2NjAyLjE2ODA3MDIwOTIuMTI3MDk0OTA2Ny4xNjg0NzI1NzYzLjE2ODQ3MjU3NjM.*_ga*NjA3NTUwNDEuMTY4MDcwMjA5Mg..*_ga_E6Y4WLQ2EC*MTY4NDg5NTkzOS4yOTguMS4xNjg0ODk3OTY3LjYwLjAuMA..\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline 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var(--wt-text-on-subscribe-background-color); }\n.text-wt-text-on-subscribe-background { color: var(--wt-text-on-subscribe-background-color); }\n.border-wt-text-on-subscribe-background { border-color: var(--wt-text-on-subscribe-background-color); }\n\n.rounded-wt { border-radius: var(--wt-border-radius); }\n\n.wt-header-font { font-family: var(--wt-header-font); }\n.wt-body-font { font-family: var(--wt-body-font); }\n.wt-button-font { font-family: var(--wt-button-font); }\n\ninput:focus { --tw-ring-color: transparent !important; }\n\nli a { word-break: break-word; }\n\n@media only screen and (max-width:667px) {\n .mob-stack {\n display: block !important;\n width: 100% !important;\n }\n\n .mob-w-full {\n width: 100% !important;\n }\n}\n\n\u003c/style\u003e\u003cscript async=\"\" id=\"tiktok-script\" src=\"https://www.tiktok.com/embed.js\" type=\"text/javascript\"\u003e\u003c/script\u003e\u003cscript async=\"\" defer=\"\" id=\"twitter-wjs\" src=\"https://platform.twitter.com/widgets.js\" type=\"text/javascript\"\u003e\u003c/script\u003e\u003cstyle\u003e\n .table-base, .table-c, .table-h { border: 1px solid #C0C0C0; }\n .table-c { padding:5px; background-color:#FFFFFF; }\n .table-c p { color: #2D2D2D; font-family:'Helvetica',Arial,sans-serif !important; overflow-wrap: break-word; }\n .table-h { padding:5px; background-color:#F1F1F1; }\n .table-h p { color: #2A2A2A; font-family:'Trebuchet MS','Lucida Grande',Tahoma,sans-serif !important; overflow-wrap: break-word; }\n\u003c/style\u003e\u003c/div\u003e\u003cdiv class=\"bg-wt-background\" style=\"color: var(--wt-text-on-background-color) !important;\"\u003e\u003cdiv class=\"rendered-post\" style=\"max-width: 672px; margin: 0 auto;\"\u003e\u003cdiv class=\"bg-wt-background text-wt-text-on-background\"\u003e\u003cdiv style=\"padding-top:1.5rem; padding-bottom:1.5rem;\"\u003e\u003cstyle\u003e\n .bh__byline_wrapper {\n font-size: .875rem;\n line-height: 1.25rem;\n vertical-align: middle;\n justify-content: space-between;\n display: block;\n }\n \n .bh__byline_social_wrapper {\n display: flex;\n margin-top: 0.5rem;\n align-items: center;\n }\n \n .bh__byline_social_wrapper \u003e * + * {\n margin-left: 1rem;\n }\n \n @media (min-width: 768px) {\n .bh__byline_wrapper {\n display: flex;\n }\n \n .bh__byline_social_wrapper {\n margin-top: 0rem;\n }\n }\n\u003c/style\u003e\u003cdiv id=\"web-header\" style=\"padding-left: 20px; padding-right: 20px; color: var(--wt-text-on-background-color) !important; padding-bottom: 2rem;\"\u003e\u003ch1 style=\"font-size: 36px; font-family:'Helvetica',Arial,sans-serif; line-height: 2.5rem; padding-bottom: 8px; font-weight: 700;\"\u003eSlippery Chips\u003c/h1\u003e\u003ch2 style=\"font-size: 20px; font-family:'Helvetica',Arial,sans-serif; line-height: 1.75rem; padding-bottom: 20px; color: #8A8A8A; font-weight: 400;\"\u003eDimon thinks the Fed should wait on rate cuts, Trump u-turned on TikTok, Wall St reported its best IB results in two years, and chip stocks got absolutely whooped.\u003c/h2\u003e\u003cdiv class=\"bh__byline_wrapper\"\u003e\u003cdiv\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cdiv style=\"display:flex; flex-direction:row; justify-content:flex-start;\"\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cimg alt=\"Author\" height=\"40\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/user/profile_picture/2e8f4f5d-5856-4463-ad71-a48cbba10c7a/thumb_litcap.jpg\" style=\"height:40px;width:40px;border:4px solid rgba(0,0,0,0);left:-4px;z-index:10;box-sizing:content-box;position:relative;border-radius:9999px;\" width=\"40\"\u003e\u003c/div\u003e\u003cdiv style=\"display:flex; align-items:center;\"\u003e\u003cp style=\"left:8px;position:relative;font-family:'Helvetica',Arial,sans-serif;font-weight:normal;font-size:14px;color: var(--wt-text-on-background-color);margin:0px;line-height:20px;\"\u003e\u003cspan\u003e\u003ca href=\"https://www.execsum.co/authors/2e8f4f5d-5856-4463-ad71-a48cbba10c7a\" target=\"_blank\" style=\"color:var(--wt-text-on-background-color) !important;text-decoration:underline !important;\"\u003eLitquidity Capital\u003c/a\u003e\u003c/span\u003e\u003cbr\u003e\u003cspan class=\"text-wt-text-on-background\" style=\"opacity:0.75;\"\u003e July 18, 2024 \u003c/span\u003e\u003c/p\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv class=\"bh__byline_social_wrapper\"\u003e\u003ca href=\"https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.execsum.co%2Fp%2Fslippery-chips\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 212 212\" width=\"100%\" xmlns=\"http://www.w3.org/2000/svg\"\u003e\u003ccircle cx=\"106.214\" cy=\"105.5\" fill-opacity=\"0.15\" fill=\"#9CA3AF\" r=\"105.5\"\u003e\u003c/circle\u003e\u003cpath d=\"M96.9223 92.1778H87.0327V105.498H96.9223V145.461H113.405V105.498H125.273L126.591 92.1778H113.405V86.5165C113.405 83.5193 114.064 82.1873 117.031 82.1873H126.591V65.5364H114.064C102.197 65.5364 96.9223 70.8647 96.9223 80.8552V92.1778Z\" fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003ca href=\"https://twitter.com/intent/tweet?text=Dimon+thinks+the+Fed+should+wait+on+rate+cuts%2C+Trump+u-turned+on+TikTok%2C+Wall+St+reported+its+best+IB+results+in+two+years%2C+and+chip+stocks+got+absolutely+whooped.\u0026amp;url=https%3A%2F%2Fwww.execsum.co%2Fp%2Fslippery-chips\u0026amp;via=litcapital\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 52 52\" width=\"100%\" xmlns=\"http://www.w3.org/2000/svg\"\u003e\u003ccircle cx=\"26\" cy=\"26\" fill-opacity=\"0.15\" fill=\"#9CA3AF\" r=\"26\"\u003e\u003c/circle\u003e\u003cpath d=\"M18.244 2.25h3.308l-7.227 8.26 8.502 11.24H16.17l-5.214-6.817L4.99 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91.1396L96.8028 95.2256C99.2801 91.4671 103.168 90.6658 106.031 90.6658C106.064 90.6658 106.097 90.6658 106.13 90.6661C109.696 90.6889 112.387 91.7257 114.129 93.7477C115.397 95.2198 116.244 97.254 116.664 99.8213C113.502 99.2839 110.083 99.1187 106.427 99.3283C96.13 99.9214 89.5101 105.927 89.9547 114.272C90.1803 118.505 92.2891 122.147 95.8924 124.526C98.9389 126.537 102.863 127.52 106.941 127.297C112.326 127.002 116.551 124.948 119.498 121.19C121.737 118.337 123.152 114.64 123.777 109.981C126.344 111.53 128.246 113.568 129.296 116.019C131.083 120.184 131.187 127.028 125.602 132.608C120.709 137.496 114.827 139.611 105.938 139.677C96.0779 139.603 88.6207 136.441 83.7723 130.278C79.2321 124.506 76.8857 116.17 76.7982 105.5C76.8857 94.8301 79.2321 86.4937 83.7723 80.7222C88.6207 74.5587 96.0778 71.3965 105.938 71.3232C115.87 71.3971 123.457 74.5745 128.491 80.7677C130.959 83.8048 132.82 87.6242 134.047 92.0775L141.028 90.2151C139.54 84.7337 137.2 80.0102 134.016 76.0929C127.563 68.1529 118.124 64.0844 105.962 64H105.914C93.777 64.0841 84.4441 68.1681 78.1742 76.1384C72.5949 83.2311 69.7169 93.1 69.6202 105.471L69.6199 105.5L69.6202 105.529C69.7169 117.9 72.5949 127.769 78.1742 134.862C84.4441 142.832 93.777 146.916 105.914 147H105.962C116.753 146.925 124.358 144.1 130.624 137.84C138.822 129.65 138.575 119.385 135.873 113.083C133.934 108.564 130.239 104.893 125.185 102.469ZM106.555 119.985C102.042 120.239 97.3533 118.213 97.1221 113.874C96.9507 110.657 99.4116 107.067 106.832 106.64C107.682 106.591 108.516 106.567 109.335 106.567C112.03 106.567 114.552 106.829 116.844 107.33C115.989 118.008 110.974 119.742 106.555 119.985Z\" fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003ca href=\"https://www.linkedin.com/sharing/share-offsite?url=https%3A%2F%2Fwww.execsum.co%2Fp%2Fslippery-chips\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 211 211\" width=\"100%\" xmlns=\"http://www.w3.org/2000/svg\"\u003e\u003ccircle cx=\"105.5\" cy=\"105.5\" fill-opacity=\"0.15\" fill=\"#9CA3AF\" r=\"105.5\"\u003e\u003c/circle\u003e\u003cpath d=\"M82.1892 75.4698C82.1892 80.1362 78.526 83.8026 73.8638 83.8026C69.2015 83.8026 65.5383 80.1362 65.5383 75.4698C65.5383 70.8034 69.2015 67.137 73.8638 67.137C78.526 67.137 82.1892 70.8034 82.1892 75.4698ZM82.1892 90.4689H65.5383V143.799H82.1892V90.4689ZM108.831 90.4689H92.1797V143.799H108.831V115.801C108.831 100.135 128.812 98.8017 128.812 115.801V143.799H145.463V110.134C145.463 83.8026 115.824 84.8026 108.831 97.8018V90.4689Z\" fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"content-blocks\"\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:center;\"\u003e\u003cb\u003eTogether with\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:22%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/52e3ff15-6612-4809-a2a7-e6ec0db81676/image.png?t=1721259146\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eGood Morning,\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Dimon thinks the Fed should wait on rate cuts, Trump u-turned on TikTok, Wall St reported its best IB results in two years, and chip stocks got absolutely whooped. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK Venture Fund recently opened to all US investors, offering exposure to startups like SpaceX and OpenAI. Check out the \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=portfolio\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003efull portfolio here\u003c/a\u003e and see \u003ca class=\"link\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehow you can invest today\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Let's dive in. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"before-the-bell\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eBefore The Bell\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/6a2031a0-9843-472e-9cdb-3d329e535fdc/image.png?t=1721254683\"\u003e\u003cdiv style=\"margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;\"\u003e\u003csmall style=\"color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;\"\u003e\u003cp\u003eAs of 07/17/2024 market close.\u003c/p\u003e\u003c/small\u003e\u003c/div\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eMarkets\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A tech selloff pulled major indexes lower on reports of \u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/us-considers-tougher-trade-rules-against-companies-in-chip-crackdown-on-china?srnd=technology-vp\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eUS-China trade war escalation\u003c/a\u003e\u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Dow nonetheless notched a third-straight ATH \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Russell 2000 snapped a five-day win streak \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Nasdaq had its worst day since December 2022 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Chip stocks slid 7% in their worst day since 2020 \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eEarnings\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eASML\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e shares plunged 13% despite comfortably beating Q2 analyst estimates due reports of US export restrictions to China (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/17/asml-earnings-report-q2-2024.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eUnited Airlines \u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003ebeat Q2 EPS estimates on strong international demand but missed on Q3 forecasts as flight oversupplies weigh on fares (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/17/united-ual-earnings-q2-2024.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eJohnson \u0026amp; Johnson \u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003ebeat Q2 EPS estimates on strong drug sales but slashed its FY profit forecast to account for recent M\u0026amp;A costs (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/johnson-johnson-cuts-full-year-profit-forecast-on-m-a-costs?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eWhat we're watching this week:\u0026nbsp;\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eToday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eTSMC\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eNetflix\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e, \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eDomino's\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFriday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eAmerican Express\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFull calendar \u003c/span\u003e\u003ca class=\"link\" href=\"https://finance.yahoo.com/calendar/earnings/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehere\u003c/a\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"headline-roundup\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eHeadline Roundup\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Jamie Dimon said Fed should be patient on rate cuts (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/fed-should-be-patient-next-move-jp-morgans-dimon-says-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Fed officials say they are 'closer' to cutting rates (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/rates-bonds/feds-williams-suggests-rate-cut-could-be-warranted-coming-months-wsj-reports-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Wall Street reported its best quarter for IB in two years (\u003ca class=\"link\" href=\"https://www.ft.com/content/970d86e0-e728-49e4-b300-670685a479a8\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e US firms point to slowing activity and softer labor market (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/more-us-fed-districts-see-pullback-economic-activity-recent-weeks-fed-survey-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hedge funds are dumping stocks at the fastest pace in five years (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/hedge-flow-hedge-funds-shed-risk-tech-megacap-sell-off-goldman-says-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Asian bonds saw foreign inflows for a second-straight month (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/rates-bonds/asian-bonds-see-foreign-inflows-second-month-hopes-fed-rate-cut-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e HSBC named Georges Elhedery as CEO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/hsbc-names-elhedery-as-ceo-turning-to-insider-to-replace-quinn\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Trump came out in support of TikTok, citing Meta competition (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/trump-says-im-tiktok-potential-us-ban-looms-2024-07-16/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e TSMC slid 8% after Trump said Taiwan should pay for defense (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/tsmc-shares-fall-more-than-2-after-trump-says-taiwan-should-pay-defence-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Google and Microsoft are offering Nvidia chips to Chinese firms (\u003ca class=\"link\" href=\"https://www.theinformation.com/articles/google-microsoft-help-chinese-firms-skirt-ban-on-nvidia-chips\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTI\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Mutual fund managers are losing billions in fees to ETF boom (\u003ca class=\"link\" href=\"https://www.ft.com/content/4d6e0964-1f99-4d5e-9a69-222d75c15874\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Petco named Joel Anderson as CEO after exit from Five Below (\u003ca class=\"link\" href=\"https://www.wsj.com/business/retail/petco-names-joel-anderson-as-ceo-following-exit-from-five-below-3382fc73?mod=business_lead_pos2\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Deere slashed DEI initiatives after backlash (\u003ca class=\"link\" href=\"https://www.wsj.com/business/deere-slashes-diversity-initiatives-after-backlash-from-conservative-activist-24424500?mod=hp_lead_pos6\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e An ex-Goldman/Blackstone associate was sentenced to prison for insider trading (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/ex-goldman-associate-gets-28-months-in-insider-trading-case\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"a-message-from-ark-invest\" style=\"padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch2 style=\"color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;\"\u003e\u003cb\u003eA Message From ARK Invest\u003c/b\u003e\u003c/h2\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/94e2e101-1a56-4e04-b7c9-b9254f5e8f25/image.png?t=1721259168\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e The ARK Venture Fund is taking an asset class once reserved for the accredited, ultra-rich and making it available to all US investors. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK offers investment exposure to companies like \u003cb\u003eSpaceX\u003c/b\u003e, \u003cb\u003eOpenAI\u003c/b\u003e, \u003cb\u003eAnthropic\u003c/b\u003e, \u003cb\u003eDiscord\u003c/b\u003e, and more! \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=portfolio\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSee the portfolio here\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e You can invest in the ARK Venture Fund (ARKVX) with as little as a $500 minimum initial investment. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e All US self-directed investors can download the SoFi or Titan app and invest in the ARK Venture Fund (ARKVX) now. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e Learn more \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"deal-flow\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eDeal Flow\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eM\u0026amp;A / Investments\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firms \u003cspan style=\"\"\u003e\u003cb\u003eAdvent\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eCD\u0026amp;R \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003ePAI Partners \u003c/b\u003e\u003c/span\u003esubmitted offers for \u003cspan style=\"\"\u003e\u003cb\u003eSanofi\u003c/b\u003e\u003c/span\u003e'sconsumer health division that values the business at ~$16.4B (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/sanofi-s-consumer-arm-said-to-draw-bids-from-advent-pai-cd-r?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e $8.8B-listed DevOps platform\u003cspan style=\"\"\u003e\u003cb\u003eGitLab\u003c/b\u003e\u003c/span\u003e is exploring a sale after attracting takeover interest (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/google-backed-software-developer-gitlab-explores-sale-sources-say-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firms \u003cspan style=\"\"\u003e\u003cb\u003eApax Partners\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eBain Capital\u003c/b\u003e\u003c/span\u003e and \u003cspan style=\"\"\u003e\u003cb\u003eCVC \u003c/b\u003e\u003c/span\u003eare exploring potential bids for \u003cspan style=\"\"\u003e\u003cb\u003eSoftwareOne\u003c/b\u003e\u003c/span\u003e, which rejected a $3.3B takeover bid from Bain in April (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/apax-bain-cvc-exploring-potential-bids-softwareone-sources-say-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMcKesson\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eCencora\u003c/b\u003e\u003c/span\u003e, and \u003cspan style=\"\"\u003e\u003cb\u003eCardinal\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHealth\u003c/b\u003e\u003c/span\u003e are vying to buy\u003cspan style=\"\"\u003e\u003cb\u003e Florida Cancer Specialists\u003c/b\u003e\u003c/span\u003e which could fetch ~$3B (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/mckesson-cencora-and-cardinal-circle-florida-cancer-specialists?srnd=markets-vp\u0026amp;embedded-checkout=true\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Accounting firm \u003cspan style=\"\"\u003e\u003cb\u003eGrant Thornton\u003c/b\u003e\u003c/span\u003e's UK arm is considering a potential stake sale at a $2.6B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/grant-thornton-uk-said-to-weigh-selling-stake-to-private-equity?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e $2.1B-listed Bitcoin miner \u003cspan style=\"\"\u003e\u003cb\u003eCipher\u003c/b\u003e\u003c/span\u003eis exploring a sale after attracting takeover interest (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/bitcoin-miner-cipher-mulls-sale-amid-takeover-interest?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e German insurer \u003cspan style=\"\"\u003e\u003cb\u003eAllianz\u003c/b\u003e\u003c/span\u003e plans to buy a majority stake in Singapore's\u003cspan style=\"\"\u003e\u003cb\u003eIncome Insurance\u003c/b\u003e\u003c/span\u003efor ~$1.6B (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/allianz-plans-buy-majority-stake-singapores-income-insurance-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp;\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Eyewear giant \u003cspan style=\"\"\u003e\u003cb\u003eEssilorLuxottica\u003c/b\u003e\u003c/span\u003e agreed to buy US streetwear brand \u003cspan style=\"\"\u003e\u003cb\u003eSupreme\u003c/b\u003e\u003c/span\u003e for $1.5B from apparel company \u003cspan style=\"\"\u003e\u003cb\u003eVFC\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.ft.com/content/54d2622a-b778-457e-87ca-9ef61bc83456\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eChappal Energies \u003c/b\u003e\u003c/span\u003eagreed to buy \u003cspan style=\"\"\u003e\u003cb\u003eTotalEnergies\u003c/b\u003e\u003c/span\u003e'10% stake in its Nigerian O\u0026amp;G assets for $860M (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/chappal-agrees-to-buy-totalenergies-stake-in-nigeria-oil-assets?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Swiss financial software firm \u003cspan style=\"\"\u003e\u003cb\u003eTemenos \u003c/b\u003e\u003c/span\u003eis considering a sale of its fund management unit \u003cspan style=\"\"\u003e\u003cb\u003eMultifonds \u003c/b\u003e\u003c/span\u003eat a ~$650M valuation (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/temenos-weighs-sale-fund-management-unit-multifonds-sources-say-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eDarden Restaurants\u003c/b\u003e\u003c/span\u003e will buy Tex-Mex restaurant chain \u003cspan style=\"\"\u003e\u003cb\u003eChuy's \u003c/b\u003e\u003c/span\u003ein a $605M cash deal (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/olive-garden-owner-will-buy-chuy-s-restaurants-for-605-million?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Disney CEO \u003cspan style=\"\"\u003e\u003cb\u003eBob Iger\u003c/b\u003e\u003c/span\u003e and\u003cspan style=\"\"\u003e\u003cb\u003e Willow Bay\u003c/b\u003e\u003c/span\u003e will buy a majority stake in the NWSL club \u003cspan style=\"\"\u003e\u003cb\u003eAngel City FC\u003c/b\u003e\u003c/span\u003e at a $250M valuation (\u003ca class=\"link\" href=\"https://www.ft.com/content/38c33df9-834f-4687-9672-4ff8382d011b\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Hotel brand \u003cspan style=\"\"\u003e\u003cb\u003eAce Hotel\u003c/b\u003e\u003c/span\u003e is exploring strategic options including a sale (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/ace-hotel-said-to-explore-sale-after-failed-deal-with-sortis\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eHyatt \u003c/b\u003e\u003c/span\u003eis nearing a deal to buy boutique hotel operator \u003cspan style=\"\"\u003e\u003cb\u003eStandard International \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/hyatt-said-to-be-in-advanced-talks-to-buy-standard-hotels-brand?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Australia's PE-owned \u003cspan style=\"\"\u003e\u003cb\u003eAccolade Wines \u003c/b\u003e\u003c/span\u003eagreed to acquire a majority of \u003cspan style=\"\"\u003e\u003cb\u003ePernod Ricard\u003c/b\u003e\u003c/span\u003e's wine portfolio (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/commodities/pernod-ricard-sell-chunk-wine-portfolio-accolade-wine-owners-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Spanish PE firm \u003cspan style=\"\"\u003e\u003cb\u003eAsterion\u003c/b\u003e\u003c/span\u003e agreed to buy a 49% stake in an Italian airports portfolio from French PE firm \u003cspan style=\"\"\u003e\u003cb\u003eArdian\u003c/b\u003e\u003c/span\u003e and \u003cspan style=\"\"\u003e\u003cb\u003eCredit Agricole Assurance \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/spains-asterion-invests-italian-airports-deal-with-ardian-credit-agricole-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eVC\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eCoatue, General Catalyst, Sequoia, a16z \u003c/b\u003eand others acquired secondary shares in design software maker \u003cb\u003eFigma\u003c/b\u003e at a $12.5B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/coatue-general-catalyst-back-figma-at-12-5-billion-valuation?utm_source=twitter\u0026amp;utm_medium=social\u0026amp;utm_campaign=socialflow-organic\u0026amp;cmpid%3D=socialflow-twitter-tech\u0026amp;utm_content=tech\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eAven\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a startup offering credit cards backed by home equity, raised a $142M Series D led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKhosla Ventures\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eGeneral Catalyst\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"http://www.businesswire.com/news/home/20240717039124/en/Aven-Reaches-Unicorn-Status-with-142-Million-Series-D-Investment-to-Bring-the-World%E2%80%99s-First-Home-Equity-backed-Credit-Card-to-Homeowners-in-All-50-States/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBW\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eApple device management platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKandji\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $100M round at an $850M valuation from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eGeneral Catalyst\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/kandji-raises-another-100m-for-apple-device-management-as-valuation-rises-to-850m/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eB2B payments platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSlope\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised $65M from \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eJPMorgan\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and others (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"http://www.businesswire.com/news/home/20240717100691/en/Slope-AI-Led-B2B-Payments-Platform-Secures-65-Million-Strategic-Equity-and-Debt-Funding-Provided-by-J.P.-Morgan-and-Others/?feedref=JjAwJuNHiystnCoBq_hl-Ymqj4g6qAlg7edDzhXcztJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTUKvKXA1G4lfyVQLpVttJwGBSvR87oUDgbHejiywQBpbg==\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBW\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eAmity Solutions\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a Thai software and AI business, raised a $60M Series C led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eInsight Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSMDV\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/amity-solutions-and-parent-amity-corp-raise-us60-million-to-transform-legacy-software-products-with-generative-ai-302198858.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003ePeak Energy\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a low-cost, giga-scale energy storage tech, raised a $55M Series A led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eXora Innovation\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/peak-energy-on-track-to-rapidly-scale-sodium-ion-battery-manufacturing-in-the-us-to-secure-future-of-renewable-energy-302198843.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eHealthcare privacy platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFreshpaint\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $30M Series B led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eThreshold\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/freshpaint-raises-30m-in-series-b-funding.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e\u003cb\u003eEscala\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003e, a CRM for Hispanic SMBs, raised a $12M round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eIGNIA\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e and \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAlaya Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/escala-completes-12m-round-to-consolidate-its-position-as-the-leading-crm-for-hispanic-smbs-302199440.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:black;font-family:Arial, sans-serif;\"\u003eAI-based supply chain management platform \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eDidero\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e raised a $7M seed round led by \u003c/span\u003e\u003cspan style=\"\"\u003e\u003cb\u003eFirst Round Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e (\u003c/span\u003e\u003cspan style=\"\"\u003e\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/didero-is-using-ai-to-solve-supply-chain-management-at-mid-market-companies/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e)\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eIPO / Direct Listings / Issuances / Placements\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Firms including\u003cspan style=\"\"\u003e\u003cb\u003eTokyo Marine \u003c/b\u003e\u003c/span\u003eand\u003cspan style=\"\"\u003e\u003cb\u003e Mitsubishi UFJ\u003c/b\u003e\u003c/span\u003e sold $3.16B worth of \u003cspan style=\"\"\u003e\u003cb\u003eHonda\u003c/b\u003e\u003c/span\u003e shares in block trades at a 3% discount (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/honda-sets-secondary-share-sale-price-3-discount-316-bln-deal-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eDebt\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCarlyle \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003ewill acquire a student loans portfolio from \u003cspan style=\"\"\u003e\u003cb\u003eDiscover\u003c/b\u003e\u003c/span\u003efor ~$10.8B (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/discover-sells-student-loan-portfolio-up-108-bln-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMorgan Stanley \u003c/b\u003e\u003c/span\u003eraised $8B in a bond sale (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/morgan-stanley-brings-deal-as-investors-pile-into-bank-bonds\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone\u003c/b\u003e\u003c/span\u003e upsized its $2B CMBS offering to ~$3B to help fund its $10B acquisition of apartment landlord \u003cspan style=\"\"\u003e\u003cb\u003eAIR Communities\u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/blackstone-increases-bond-sale-to-help-pay-for-reit-acquisition\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackRock\u003c/b\u003e\u003c/span\u003e-led investors in \u003cspan style=\"\"\u003e\u003cb\u003eAramco\u003c/b\u003e\u003c/span\u003e's gas pipeline network will sell $3B in bonds to refinance debt backing their stake purchase in 2021 (\u003ca class=\"link\" href=\"https://www.reuters.com/business/energy/blackrock-led-investors-aramco-pipelines-raise-3-billion-bonds-2024-07-17/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackRock\u003c/b\u003e\u003c/span\u003esold $2.5B in bonds to help fund its $3.2B acquisition of private-markets data business \u003cspan style=\"\"\u003e\u003cb\u003ePreqin\u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/blackrock-taps-blue-chip-bond-market-to-fund-preqin-purchase?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eBankruptcy / Restructuring / Distressed\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A consortium led by British tycoon \u003cb\u003eMike Jatania \u003c/b\u003eagreed to buy UK cosmetics retailer \u003cb\u003eThe Body Shop \u003c/b\u003eout of insolvency (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/uk-s-body-shop-rescued-by-consortium-after-retailer-s-collapse?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eTPG\u003c/b\u003e\u003c/span\u003e-backed skincare company \u003cspan style=\"\"\u003e\u003cb\u003eRodan \u0026amp; Fields \u003c/b\u003e\u003c/span\u003eis in talks to hand control of the company to creditors (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/rodan-fields-plans-restructuring-deal-handing-lenders-control\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eBeyond Meat\u003c/b\u003e entered restructuring talks with a group of bondholders (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/beyond-meat-engages-bondholders-for-restructuring-talks-7de6b8ae\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A court rejected a financing and sale proposal for bankrupt bus firm \u003cspan style=\"\"\u003e\u003cb\u003eCoach\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-16/bus-carrier-coach-usa-must-change-rules-for-auction-judge-says\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003e777 Partners\u003c/b\u003e-owned basketball club\u003cspan style=\"\"\u003e\u003cb\u003eLondon Lions\u003c/b\u003e\u003c/span\u003e is facing a winding-up petition by creditors (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/777-partners-london-basketball-team-faces-closure-by-creditors\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eFundraising\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e MM PEfirm \u003cspan style=\"\"\u003e\u003cb\u003eCCMP Growth Advisors\u003c/b\u003e\u003c/span\u003eraised $500M for a fourth fund (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/ccmp-growth-advisors-raises-over-500-million-for-buyout-fund-6429ece3\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMenlo Ventures\u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eAnthropic\u003c/b\u003e\u003c/span\u003elaunched a $100M AI VC fund (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/menlo-ventures-and-anthropic-team-up-on-a-100m-ai-fund/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"crypto-corner\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eCrypto Corner\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Asset manager \u003cspan style=\"\"\u003e\u003cb\u003eState Street \u003c/b\u003e\u003c/span\u003eis exploring creating its own stablecoin (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-17/state-street-said-to-explore-creating-stablecoin-deposit-token\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Struggling Bitcoin miners are seeking deals with AI firms (\u003ca class=\"link\" href=\"https://www.ft.com/content/a3e02262-11ea-4125-a38d-b13dbb86767e\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"execs-picks\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eExec鈥檚 Picks\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Even Wall St bankers' kids need lessons in financial literacy, \u003ca class=\"link\" href=\"https://www.ft.com/content/d401ccb0-3760-42fc-8a71-e5225be052d8\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eaccording to FT\u003c/a\u003e. \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"new-opportunity-growth-equity\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003e New Opportunity - Growth Equity\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.litneypartners.com/\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:15px;border-style:solid;border-width:2px;box-sizing:border-box;border-color:#001585;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cf2f9ea-4e4c-4b4a-a9e4-c11a1476c89a/litney_partners.png?t=1718914436\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eSmash Capital\u003c/b\u003e - Growth Equity Investor, Immediate Start, NYC or LA \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Venture capital firm with over $1.5B in AUM, is hiring growth equity investors for immediate start in NYC and LA \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e The firm invests in technology companies across enterprise software, consumer internet, gaming, financial services, healthcare, and commerce \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Seeking experienced growth equity investors, with at least two years of experience from a top management consulting firm or investment bank and at least two years of software-focused buy side experience in growth equity, VC, or private equity \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.litneypartners.com/search/smash-capital-ny-la-growth-equity-investor-2024-jul\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e Apply now \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"meme-cleanser\" 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auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/BoringBiz_/status/1813636661571690768\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:80%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/74ed1231-8175-4aeb-876f-af4bf663b0e3/image.png?t=1721259947\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://x.com/HighyieldHarry/status/1811401052287017454\" rel=\"nofollow noopener 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