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sentenced to 18 years, DOJ proposed a forced sale of Google Chrome, and Nvidia's profit doubled in another strong earnings report. </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;"> Invest in institutional-caliber private markets with <a class="link" href="https://app.10east.co/?utm_source=ExecSum&utm_medium=CPC&utm_campaign=Feb24-&utm_content=Newsletter1" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">10 East</a>, a membership-based investment platform offering targeted exposure to PE, VC, and more. </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-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><a href="https://forms.gle/avC7V9tJseG6P39Q9" rel="nofollow noopener noreferrer" style="text-decoration: none;" target="_blank"><img alt="" style="margin:0 auto 0 auto;width:75%;border-radius:0px 0px 0px 0px;border-style:solid;border-width:0px 0px 0px 0px;box-sizing:border-box;border-color:#E5E7EB;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/74cf1ad5-57ba-44c3-9546-cd89e7129556/Partner_with_us_logo_FINAL_V3.png?t=1722407247"></a></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/95edcde7-7dde-415a-8d33-e0721634aec2/image.png?t=1732150909"><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 11/20/2024 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;"> US stocks closed mixed as investors digested earnings and geo-political developments </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>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>Nvidia</b></span><span style="color:rgb(34, 34, 34);"> beat Q3 estimates and Q4 sales forecasts on strong demand for AI chips; revenue growth has slowed from 265%, 262% and 122% YoY in previous quarters to 94% in Q3 and a projected 70% in Q4 (</span><a class="link" href="https://www.cnbc.com/2024/11/20/nvidia-nvda-earnings-report-q3-2025.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>Target</b></span><span style="color:rgb(34, 34, 34);"> plunged 22% after posting its largest earnings miss in two years and cutting FY guidance due to minimal increase in customer traffic despite price cuts and discounts (</span><a class="link" href="https://www.cnbc.com/2024/11/20/target-tgt-q3-2024-earnings.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=""><b>Palo Alto Networks</b></span> beat Q1 EPS and revenue estimates on healthy demand for cybersecurity service but failed to impress with Q2 and FY guidance (<a class="link" href="https://www.reuters.com/technology/cybersecurity/palo-alto-tops-revenue-profit-estimates-steady-cybersecurity-demand-2024-11-20/" 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>Snowflake</b></span><span style=""> </span>jumped 20% after beating Q3 estimates and Q1 sales forecast thanks to strong reception for new products (<a class="link" href="https://www.bloomberg.com/news/articles/2024-11-20/snowflake-gives-strong-sales-outlook-on-pickup-of-new-products?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>TJX</b></span><span style=""> </span>issued a Q3 beat-and-raise but their Q4 guidance failed to match expectations for a strong holiday quarter (<a class="link" href="https://www.cnbc.com/2024/11/20/tjx-companies-tjx-earnings-q3-2025.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">CNBC</a>)  </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>John</b></span><span style="color:rgb(34, 34, 34);"> </span><span style="color:rgb(34, 34, 34);"><b>Deere</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>Baidu</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>Gap</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://www.nasdaq.com/market-activity/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;"> Apollo's Marc Rowan emerged as top candidate for Treasury Secretary (<a class="link" href="https://www.ft.com/content/cbe0e1a1-c6fa-49f0-9a8a-47499b9ad0fb" 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;"> Goldman expects credit valuations to hold strong in 2025 (<a class="link" href="https://www.bloomberg.com/news/articles/2024-11-20/goldman-says-rich-credit-valuations-unlikely-to-cheapen-in-2025?srnd=phx-fixed-income" 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;"> Eurozone risks another debt crisis if unable to boost growth (<a class="link" href="https://www.ft.com/content/8f2dac5d-b64a-43dc-8f4b-5e76e1a60a43" 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;"> Citadel Securities is targeting European sovereign bond markets (<a class="link" href="https://www.ft.com/content/f75c0fc5-8377-4f6d-9609-876eb6a2ebf3?shareType=nongift" 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;"> AIMCo named ex-Canadian PM Stephen Harper as chair two weeks after firing entire board (<a class="link" href="https://www.bloomberg.com/news/articles/2024-11-20/alberta-taps-former-canadian-pm-harper-to-oversee-pension-manager?srnd=phx-markets" 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;"> ECB warned of a 'bubble' in AI stocks (<a class="link" href="https://www.reuters.com/world/europe/ecb-warns-bubble-ai-stocks-funds-deplete-cash-buffers-2024-11-20/" 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;"> Speculative fever in Chinese stocks is running red hot (<a class="link" href="https://www.reuters.com/markets/asia/chinas-cashed-up-crowd-is-back-stock-market-2024-11-20/" 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;"> China funds slash ETF fees amid intense price competition (<a class="link" href="https://www.reuters.com/markets/asia/china-funds-cut-etf-fees-escalating-price-war-booming-market-2024-11-20/" 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;"> DOJ asked a judge to force Google to divest Chrome and Android (<a class="link" href="https://www.bloomberg.com/news/articles/2024-11-21/justice-department-seeks-google-chrome-sale-to-curb-monopoly?srnd=homepage-americas" 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;"> Apple urged a judge to end DOJ smartphone monopoly case (<a class="link" href="https://www.reuters.com/technology/apple-urge-judge-end-us-smartphone-monopoly-case-2024-11-20/" 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;"> Bill Hwang was sentenced to 18 years in prison (<a class="link" href="https://www.wsj.com/finance/archegos-founder-bill-hwang-sentenced-to-18-years-in-prison-1bbef6bc" 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;"> US charged Gautam Adani in a massive bribery and fraud scheme (<a class="link" href="https://www.cnbc.com/2024/11/20/billionaire-gautam-adani-charged-in-new-york-with-massive-fraud.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">CNBC</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> News Corp defeated activist Starboard to cement Murdoch control (<a class="link" href="https://www.cnbc.com/2024/11/20/news-corp-says-investors-reject-proposal-to-end-dual-class-voting-structure.html" 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;"> Activist Effissimo stirs speculation with stake in struggling Nissan (<a class="link" href="https://www.bloomberg.com/news/articles/2024-11-20/hedge-fund-effissimo-stirs-speculation-with-its-stake-in-nissan?srnd=phx-markets" 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;"> Nvidia is helping Google design quantum computing processors (<a class="link" href="https://www.bloomberg.com/news/articles/2024-11-18/nvidia-is-helping-google-design-quantum-computing-processors?srnd=homepage-americas" 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;"> Ford will cut 4k Europe jobs as EV sales slow (<a class="link" href="https://www.nytimes.com/2024/11/20/business/ford-layoffs-europe.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">NYT</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-10-east" 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 10 East</b></h2></div><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><a href="https://app.10east.co/?utm_source=ExecSum&utm_medium=CPC&utm_campaign=Feb24-&utm_content=Newsletter1" 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/d9bc0e8a-c15e-4910-8f8f-250f52d9c24c/image.png?t=1732135197"></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>Where Sophisticated Investors Access Private Markets</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;"><b>10 East</b> is a co-investment platform where sophisticated investors access private market investments alongside a veteran team with a 12+ year track record of strong performance across over 350 transactions. The firm is led by Michael Leffell, former Deputy Executive Managing Member of Davidson Kempner. </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;"> Members have the flexibility to participate on a deal-by-deal basis across private equity, credit, real estate, and venture capital. </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;"> Benefits of <a class="link" href="https://app.10east.co/?utm_source=ExecSum&utm_medium=CPC&utm_campaign=Feb24-&utm_content=Newsletter1" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">10 East membership</a> include:   </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>Flexibility</b> – members have full discretion over whether to invest on an offering-by-offering basis.  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Alignment</b> – principals commit material personal capital to every offering.   </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Institutional resources</b> – a dedicated investment team that sources and diligences each offering. </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;"> There are no upfront costs or commitments associated with joining 10 East. </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;"><b>Exec Sum readers can join 10 East with complimentary access </b><a class="link" href="https://app.10east.co/?utm_source=ExecSum&utm_medium=CPC&utm_campaign=Feb24-&utm_content=Newsletter1" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;"><b>here</b></a><b>.</b></p></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;"><span style=""><b>Blackstone </b></span>emerged as the frontrunner to buy a mixed-use office complex in Tokyo from<span style=""><b> Seibu Holdings</b></span> in a potential $2.6B deal </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> A consortium including <span style=""><b>PSG Equity </b></span>and <span style=""><b>Golub Capital</b></span> agreed to acquire a minority stake in data center monitoring firm <span style=""><b>LogicMonitor </b></span>from <span style=""><b>Vista Equity Partners </b></span>at a $2.4B valuation, including debt </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> PE firm <b>Cinven</b> acquired a stake in accounting firm <b>Grant Thornton UK</b> at a reported $1.9B valuation, beating out rivals including <b>New Mountain Capital</b>-owned <b>Grant Thornton US </b>who hoped for a three-way merger with the UK and Ireland affiliates </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Canada's<span style=""><b> OTPP </b></span>agreed to acquire a 50% stake in Swedish financial adviser <span style=""><b>Max Matthiessen</b></span> from PE firm <span style=""><b>Nordic Capital </b></span>at a $1.1B valuation, including debt </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Thompson Street Capital Partners</b></span> is exploring a sale of <span style=""><b>Freddy's Frozen Custard & Steakburgers</b></span> chain for over $1B, including debt </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Starbucks</b> is considering selling a stake in its Chinese business </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;"> Musk's OpenAI-rival <b>xAI</b> raised a $5B round at a $50B valuation from<b> </b>Qatar's<b> QIA</b>,<b> Valor Equity Partners</b>, <b>Sequoia</b> and <b>a16z</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Open-source ERP startup <b>Odoo</b> raised $527M in a secondary share sale at a $5.26B valuation led by <b>CapitalG</b> and <b>Sequoia</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Data security startup <b>Cyera</b> raised a $300M Series D at a $3B valuation led by <b>Accel</b> and <b>Sapphire Ventures</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Fusion energy company <b>Tokamak Energy</b> raised $125M led by <b>East X Ventures</b> and <b>Lingotto </b></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Aquaria</b>, a startup building communities and cities supplied with rain water, raised $112M from <b>Mistletoe</b>, <b>Ciri Ventures</b>, <b>Soma Capital</b>, and more </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Portuguese drone startup <b>Tekever</b> raised $74M led by <b>Baillie Gifford</b> and <b>NATO</b> <b>Innovation Fund</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Inversion</b>, a startup delivering goods from space, raised a $44M Series A co-led by <b>Spark Capital</b> and <b>Adjacent</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Magma Math</b>, a K-12 instructional math platform, raised a $40M Series A led by <b>Five Elms Capital</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Zarminali Health</b>, an outpatient pediatric destination, raised a $40M seed round led by <b>General Catalyst</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> European snacking brand <b>KoRo</b> raised a $38.8M Series C led by <b>Coefficient Capital</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Online gaming platform <b>Monkey Tilt</b> raised a $30M Series A led by <b>Pantera Capital</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> AI-powered logistics startup <b>Class8</b> raised a $22M Series A led by <b>Xplorer Capital</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> AI radiology startup <b>New Lantern</b> raised a $19M Series A led by <b>Benchmark</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Prompt Security</b>, a startup specializing in GenAI security, raised an $18M Series A led by <b>Jump Capital</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Cardo AI</b>, a next-gen ABF and private credit tech platform, raised a $15M Series A led by <b>Blackstone</b>, <b>FINTOP Capital</b>, and <b>JAM FINTOP</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Twine</b>, a cybersecurity startup building digital employees, raised a $12M seed round led by <b>Ten Eleven Ventures</b> and <b>Dell</b></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Cloud-native identity infrastructure startup <b>Zitadel</b> raised a $9M Series A led by <b>Nexus Venture Partners</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Four Growers</b>, a startup building robots to serve as greenhouse labor, raised a $9M Series A led by <b>Basset Capital</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> API software provider <b>Apideck</b> raised a $7.5M Series A led by <b>Airbridge Equity Partners</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Distru</b>, a cannabis supply chain platform, raised a $6M Series A led by <b>Global Founders Capital</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Shinami</b>, a developer platform for Move-based blockchains, raised a $5.6M seed round led by <b>Race Capital</b>  </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Converge Bio</b>, a startup building an 'everything store' for biotech LLMs, raised a $5.5M seed round led by <b>TLV Partners</b>  </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 / Block Trades</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>EQT</b></span>, <span style=""><b>ADIA</b></span>, and <span style=""><b>Auba Investment </b></span>are offering to sell a 6.7% stake in Swiss skincare group <span style=""><b>Galderma </b></span>to raise ~$1.5B </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>SoftBank</b></span>-backed Indian B2B e-commerce firm <span style=""><b>OfBusiness</b></span> is preparing a $1B India IPO </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Chinese autonomous driving startup <span style=""><b>Pony AI</b></span> is seeking to raise $260M at a $4.6B valuation in an upsized US IPO   </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Chinese solar-energy materials supplier <span style=""><b>Qinghai Lihao </b></span>is preparing a $138M Hong Kong IPO for H2 2025 </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;"><span style=""><b>Debt </b></span></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>EU</b></span> raised $7.4B via a syndicated sale of conventional and green bonds </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>AppLovin</b></span>, a marketing platform for app developers, is planning a debut $3.5B high-grade bond sale </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>MicroStrategy </b></span>upsized its 0% convertible note offering by 50% to raise $2.6B as part of plans to buy Bitcoin </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Taiwan’s Nvidia partner <span style=""><b>Foxconn</b></span> raised a $1.1B syndicated bank loan </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> India's <span style=""><b>Adani Green Energy</b></span> raised $600M in a dollar bond offering </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Canadian budget airline <span style=""><b>Flair</b></span> is seeking to raise $150M in senior debt </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Clearlake</b></span>-backed healthcare software firm <span style=""><b>FinThrive</b></span> raised $155M in a refinancing  </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;"><span style=""><b>Frazier Healthcare Partners</b></span> raised $2.3B for its eleventh growth-buyout fund </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Real estate investment firm <span style=""><b>Belveron Partners</b></span><span style=""> </span>raised $354M for its seventh flagship fund </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Seed VC <span style=""><b>Bling Capital</b></span><span style=""> </span>raised $270M for its fourth flagship fund </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> German VC <span style=""><b>Extantia Capital</b></span> raised $215M to invest in early-stage climate startups </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;"><b>FTX</b> co-founder Gary Wang will avoid jail time for cooperating (<a class="link" href="https://www.bloomberg.com/news/articles/2024-11-20/ex-bankman-fried-ally-gary-wang-avoids-prison-over-ftx-fraud?srnd=phx-crypto" 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 is weighing creating a White House crypto role (<a class="link" href="https://www.bloomberg.com/news/articles/2024-11-20/trump-team-mulls-creating-first-ever-white-house-crypto-role" 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="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’s Picks</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;"> Greg Obenshain wrote a great piece explaining <a class="link" href="https://mailchi.mp/verdadcap/shorting-credit" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">why shorting junk debt isn't the same as shorting equity</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;"> Mark Rzepczynski briefly summarized new research on <a class="link" href="https://mrzepczynski.blogspot.com/2024/11/vix-and-corporate-bonds.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">what the VIX tells us about corporate bond spreads</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;"> In another piece on debt, Larry Swedroe explained <a class="link" href="https://www.morningstar.com/alternative-investments/why-private-direct-lending-is-an-attractive-alternative-public-securities" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">why publicly traded vehicles for private credit don't work as well</a>. </p></div><div id="learn-ai-in-5-minutes-a-day" style="padding-bottom:4px;padding-left:20px;padding-right:20px;padding-top:14px;"><h3 style="color:#696969;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;font-weight:normal;line-height:24px;margin:0;text-align:left;">Learn AI in 5 minutes a day.</h3></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;"> What’s the secret to staying ahead of the curve in the world of AI? Information. Luckily, you can join 700,000 early adopters reading <a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign=BGHTEMCQX7&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_bhiiv=opp_c4ac672c-9b85-4313-8711-488765db57fd_e4221c46" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">The Rundown</a>– the free newsletter that makes you smarter on AI with just a 5-minute read per day. </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;"><a class="link" href="https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}&utm_campaign=BGHTEMCQX7&redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen&redirect_delay=1&_bhiiv=opp_c4ac672c-9b85-4313-8711-488765db57fd_e4221c46" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">Sign up.</a></p></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="hedge-fund-analyst-opportunity" 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>Hedge Fund Analyst Opportunity </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;"> We are working with <b>Pantera Capital </b>to hire an <b>Investment Analyst for their Liquid Token Fund</b>, an open-ended fund focused primarily on liquid tokens. </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> With $5B total firm AUM, Pantera was the first US institutional asset manager focused exclusively on blockchain technology. </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> If you are crypto native and have deep fundamental analysis skills with 1-4 years of investment banking, private equity, hedge funds, consulting, or equity research experience, this is the perfect opportunity for you! </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Bonus points if you manage your own portfolio of digital assets and can discuss your investment strategy. </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Learn more and apply below: </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" href="https://www.litneypartners.com/search/pantera-capital-new-york-hedge-fund-analyst-2024-may"><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"> Apply Here 🤝 </button></a></div><div style="padding: 18px 0;"><div style="margin: 0 auto; 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style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://app.10east.co/?utm_source=ExecSum\u0026utm_medium=CPC\u0026utm_campaign=Feb24-\u0026utm_content=Newsletter1\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:20%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/9fc22d45-d556-41c7-a3bc-65aabab78108/image.png?t=1732135171\"/\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 Marc Rowan emerged as a top contender for Treasury Secretary, Citadel Securities set its sights on Europe bond markets, Bill Hwang was sentenced to 18 years, DOJ proposed a forced sale of Google Chrome, and Nvidia\u0026#39;s profit doubled in another strong earnings report. \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 Invest in institutional-caliber private markets with \u003ca class=\"link\" href=\"https://app.10east.co/?utm_source=ExecSum\u0026utm_medium=CPC\u0026utm_campaign=Feb24-\u0026utm_content=Newsletter1\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e10 East\u003c/a\u003e, a membership-based investment platform offering targeted exposure to PE, VC, and more. \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-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://forms.gle/avC7V9tJseG6P39Q9\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:75%;border-radius:0px 0px 0px 0px;border-style:solid;border-width:0px 0px 0px 0px;box-sizing:border-box;border-color:#E5E7EB;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/74cf1ad5-57ba-44c3-9546-cd89e7129556/Partner_with_us_logo_FINAL_V3.png?t=1722407247\"/\u003e\u003c/a\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/95edcde7-7dde-415a-8d33-e0721634aec2/image.png?t=1732150909\"/\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 11/20/2024 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 US stocks closed mixed as investors digested earnings and geo-political developments \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\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\u003eNvidia\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e beat Q3 estimates and Q4 sales forecasts on strong demand for AI chips; revenue growth has slowed from 265%, 262% and 122% YoY in previous quarters to 94% in Q3 and a projected 70% in Q4 (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/nvidia-nvda-earnings-report-q3-2025.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\u003eTarget\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e plunged 22% after posting its largest earnings miss in two years and cutting FY guidance due to minimal increase in customer traffic despite price cuts and discounts (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/target-tgt-q3-2024-earnings.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=\"\"\u003e\u003cb\u003ePalo Alto Networks\u003c/b\u003e\u003c/span\u003e beat Q1 EPS and revenue estimates on healthy demand for cybersecurity service but failed to impress with Q2 and FY guidance (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/cybersecurity/palo-alto-tops-revenue-profit-estimates-steady-cybersecurity-demand-2024-11-20/\" 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\u003cspan style=\"\"\u003e\u003cb\u003eSnowflake\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e \u003c/span\u003ejumped 20% after beating Q3 estimates and Q1 sales forecast thanks to strong reception for new products (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/snowflake-gives-strong-sales-outlook-on-pickup-of-new-products?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) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eTJX\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e \u003c/span\u003eissued a Q3 beat-and-raise but their Q4 guidance failed to match expectations for a strong holiday quarter (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/tjx-companies-tjx-earnings-q3-2025.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) \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: \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\u003eJohn\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\u003eDeere\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\u003eBaidu\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\u003eGap\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://www.nasdaq.com/market-activity/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 Apollo\u0026#39;s Marc Rowan emerged as top candidate for Treasury Secretary (\u003ca class=\"link\" href=\"https://www.ft.com/content/cbe0e1a1-c6fa-49f0-9a8a-47499b9ad0fb\" 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 Goldman expects credit valuations to hold strong in 2025 (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/goldman-says-rich-credit-valuations-unlikely-to-cheapen-in-2025?srnd=phx-fixed-income\" 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 Eurozone risks another debt crisis if unable to boost growth (\u003ca class=\"link\" href=\"https://www.ft.com/content/8f2dac5d-b64a-43dc-8f4b-5e76e1a60a43\" 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 Citadel Securities is targeting European sovereign bond markets (\u003ca class=\"link\" href=\"https://www.ft.com/content/f75c0fc5-8377-4f6d-9609-876eb6a2ebf3?shareType=nongift\" 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 AIMCo named ex-Canadian PM Stephen Harper as chair two weeks after firing entire board (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/alberta-taps-former-canadian-pm-harper-to-oversee-pension-manager?srnd=phx-markets\" 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 ECB warned of a \u0026#39;bubble\u0026#39; in AI stocks (\u003ca class=\"link\" href=\"https://www.reuters.com/world/europe/ecb-warns-bubble-ai-stocks-funds-deplete-cash-buffers-2024-11-20/\" 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 Speculative fever in Chinese stocks is running red hot (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/asia/chinas-cashed-up-crowd-is-back-stock-market-2024-11-20/\" 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 China funds slash ETF fees amid intense price competition (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/asia/china-funds-cut-etf-fees-escalating-price-war-booming-market-2024-11-20/\" 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 DOJ asked a judge to force Google to divest Chrome and Android (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-21/justice-department-seeks-google-chrome-sale-to-curb-monopoly?srnd=homepage-americas\" 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 Apple urged a judge to end DOJ smartphone monopoly case (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/apple-urge-judge-end-us-smartphone-monopoly-case-2024-11-20/\" 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 Bill Hwang was sentenced to 18 years in prison (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/archegos-founder-bill-hwang-sentenced-to-18-years-in-prison-1bbef6bc\" 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 US charged Gautam Adani in a massive bribery and fraud scheme (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/billionaire-gautam-adani-charged-in-new-york-with-massive-fraud.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) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e News Corp defeated activist Starboard to cement Murdoch control (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/news-corp-says-investors-reject-proposal-to-end-dual-class-voting-structure.html\" 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 Activist Effissimo stirs speculation with stake in struggling Nissan (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/hedge-fund-effissimo-stirs-speculation-with-its-stake-in-nissan?srnd=phx-markets\" 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 Nvidia is helping Google design quantum computing processors (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-18/nvidia-is-helping-google-design-quantum-computing-processors?srnd=homepage-americas\" 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 Ford will cut 4k Europe jobs as EV sales slow (\u003ca class=\"link\" href=\"https://www.nytimes.com/2024/11/20/business/ford-layoffs-europe.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eNYT\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-10-east\" 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 10 East\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://app.10east.co/?utm_source=ExecSum\u0026utm_medium=CPC\u0026utm_campaign=Feb24-\u0026utm_content=Newsletter1\" 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/d9bc0e8a-c15e-4910-8f8f-250f52d9c24c/image.png?t=1732135197\"/\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\u003eWhere Sophisticated Investors Access Private Markets\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\u003cb\u003e10 East\u003c/b\u003e is a co-investment platform where sophisticated investors access private market investments alongside a veteran team with a 12+ year track record of strong performance across over 350 transactions. The firm is led by Michael Leffell, former Deputy Executive Managing Member of Davidson Kempner. \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 Members have the flexibility to participate on a deal-by-deal basis across private equity, credit, real estate, and venture capital. \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 Benefits of \u003ca class=\"link\" href=\"https://app.10east.co/?utm_source=ExecSum\u0026utm_medium=CPC\u0026utm_campaign=Feb24-\u0026utm_content=Newsletter1\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e10 East membership\u003c/a\u003e include:   \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\u003eFlexibility\u003c/b\u003e – members have full discretion over whether to invest on an offering-by-offering basis.  \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eAlignment\u003c/b\u003e – principals commit material personal capital to every offering.   \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eInstitutional resources\u003c/b\u003e – a dedicated investment team that sources and diligences each offering. \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 There are no upfront costs or commitments associated with joining 10 East. \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\u003cb\u003eExec Sum readers can join 10 East with complimentary access \u003c/b\u003e\u003ca class=\"link\" href=\"https://app.10east.co/?utm_source=ExecSum\u0026utm_medium=CPC\u0026utm_campaign=Feb24-\u0026utm_content=Newsletter1\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e\u003cb\u003ehere\u003c/b\u003e\u003c/a\u003e\u003cb\u003e.\u003c/b\u003e\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=\"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\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone \u003c/b\u003e\u003c/span\u003eemerged as the frontrunner to buy a mixed-use office complex in Tokyo from\u003cspan style=\"\"\u003e\u003cb\u003e Seibu Holdings\u003c/b\u003e\u003c/span\u003e in a potential $2.6B deal \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A consortium including \u003cspan style=\"\"\u003e\u003cb\u003ePSG Equity \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eGolub Capital\u003c/b\u003e\u003c/span\u003e agreed to acquire a minority stake in data center monitoring firm \u003cspan style=\"\"\u003e\u003cb\u003eLogicMonitor \u003c/b\u003e\u003c/span\u003efrom \u003cspan style=\"\"\u003e\u003cb\u003eVista Equity Partners \u003c/b\u003e\u003c/span\u003eat a $2.4B valuation, including debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firm \u003cb\u003eCinven\u003c/b\u003e acquired a stake in accounting firm \u003cb\u003eGrant Thornton UK\u003c/b\u003e at a reported $1.9B valuation, beating out rivals including \u003cb\u003eNew Mountain Capital\u003c/b\u003e-owned \u003cb\u003eGrant Thornton US \u003c/b\u003ewho hoped for a three-way merger with the UK and Ireland affiliates \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Canada\u0026#39;s\u003cspan style=\"\"\u003e\u003cb\u003e OTPP \u003c/b\u003e\u003c/span\u003eagreed to acquire a 50% stake in Swedish financial adviser \u003cspan style=\"\"\u003e\u003cb\u003eMax Matthiessen\u003c/b\u003e\u003c/span\u003e from PE firm \u003cspan style=\"\"\u003e\u003cb\u003eNordic Capital \u003c/b\u003e\u003c/span\u003eat a $1.1B valuation, including debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eThompson Street Capital Partners\u003c/b\u003e\u003c/span\u003e is exploring a sale of \u003cspan style=\"\"\u003e\u003cb\u003eFreddy\u0026#39;s Frozen Custard \u0026 Steakburgers\u003c/b\u003e\u003c/span\u003e chain for over $1B, including debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eStarbucks\u003c/b\u003e is considering selling a stake in its Chinese business \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 Musk\u0026#39;s OpenAI-rival \u003cb\u003exAI\u003c/b\u003e raised a $5B round at a $50B valuation from\u003cb\u003e \u003c/b\u003eQatar\u0026#39;s\u003cb\u003e QIA\u003c/b\u003e,\u003cb\u003e Valor Equity Partners\u003c/b\u003e, \u003cb\u003eSequoia\u003c/b\u003e and \u003cb\u003ea16z\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Open-source ERP startup \u003cb\u003eOdoo\u003c/b\u003e raised $527M in a secondary share sale at a $5.26B valuation led by \u003cb\u003eCapitalG\u003c/b\u003e and \u003cb\u003eSequoia\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Data security startup \u003cb\u003eCyera\u003c/b\u003e raised a $300M Series D at a $3B valuation led by \u003cb\u003eAccel\u003c/b\u003e and \u003cb\u003eSapphire Ventures\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Fusion energy company \u003cb\u003eTokamak Energy\u003c/b\u003e raised $125M led by \u003cb\u003eEast X Ventures\u003c/b\u003e and \u003cb\u003eLingotto \u003c/b\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eAquaria\u003c/b\u003e, a startup building communities and cities supplied with rain water, raised $112M from \u003cb\u003eMistletoe\u003c/b\u003e, \u003cb\u003eCiri Ventures\u003c/b\u003e, \u003cb\u003eSoma Capital\u003c/b\u003e, and more \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Portuguese drone startup \u003cb\u003eTekever\u003c/b\u003e raised $74M led by \u003cb\u003eBaillie Gifford\u003c/b\u003e and \u003cb\u003eNATO\u003c/b\u003e \u003cb\u003eInnovation Fund\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eInversion\u003c/b\u003e, a startup delivering goods from space, raised a $44M Series A co-led by \u003cb\u003eSpark Capital\u003c/b\u003e and \u003cb\u003eAdjacent\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eMagma Math\u003c/b\u003e, a K-12 instructional math platform, raised a $40M Series A led by \u003cb\u003eFive Elms Capital\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eZarminali Health\u003c/b\u003e, an outpatient pediatric destination, raised a $40M seed round led by \u003cb\u003eGeneral Catalyst\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e European snacking brand \u003cb\u003eKoRo\u003c/b\u003e raised a $38.8M Series C led by \u003cb\u003eCoefficient Capital\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Online gaming platform \u003cb\u003eMonkey Tilt\u003c/b\u003e raised a $30M Series A led by \u003cb\u003ePantera Capital\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e AI-powered logistics startup \u003cb\u003eClass8\u003c/b\u003e raised a $22M Series A led by \u003cb\u003eXplorer Capital\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e AI radiology startup \u003cb\u003eNew Lantern\u003c/b\u003e raised a $19M Series A led by \u003cb\u003eBenchmark\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003ePrompt Security\u003c/b\u003e, a startup specializing in GenAI security, raised an $18M Series A led by \u003cb\u003eJump Capital\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eCardo AI\u003c/b\u003e, a next-gen ABF and private credit tech platform, raised a $15M Series A led by \u003cb\u003eBlackstone\u003c/b\u003e, \u003cb\u003eFINTOP Capital\u003c/b\u003e, and \u003cb\u003eJAM FINTOP\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eTwine\u003c/b\u003e, a cybersecurity startup building digital employees, raised a $12M seed round led by \u003cb\u003eTen Eleven Ventures\u003c/b\u003e and \u003cb\u003eDell\u003c/b\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Cloud-native identity infrastructure startup \u003cb\u003eZitadel\u003c/b\u003e raised a $9M Series A led by \u003cb\u003eNexus Venture Partners\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eFour Growers\u003c/b\u003e, a startup building robots to serve as greenhouse labor, raised a $9M Series A led by \u003cb\u003eBasset Capital\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e API software provider \u003cb\u003eApideck\u003c/b\u003e raised a $7.5M Series A led by \u003cb\u003eAirbridge Equity Partners\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eDistru\u003c/b\u003e, a cannabis supply chain platform, raised a $6M Series A led by \u003cb\u003eGlobal Founders Capital\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eShinami\u003c/b\u003e, a developer platform for Move-based blockchains, raised a $5.6M seed round led by \u003cb\u003eRace Capital\u003c/b\u003e \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eConverge Bio\u003c/b\u003e, a startup building an \u0026#39;everything store\u0026#39; for biotech LLMs, raised a $5.5M seed round led by \u003cb\u003eTLV Partners\u003c/b\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 / Block Trades\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\u003eEQT\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eADIA\u003c/b\u003e\u003c/span\u003e, and \u003cspan style=\"\"\u003e\u003cb\u003eAuba Investment \u003c/b\u003e\u003c/span\u003eare offering to sell a 6.7% stake in Swiss skincare group \u003cspan style=\"\"\u003e\u003cb\u003eGalderma \u003c/b\u003e\u003c/span\u003eto raise ~$1.5B \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSoftBank\u003c/b\u003e\u003c/span\u003e-backed Indian B2B e-commerce firm \u003cspan style=\"\"\u003e\u003cb\u003eOfBusiness\u003c/b\u003e\u003c/span\u003e is preparing a $1B India IPO \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Chinese autonomous driving startup \u003cspan style=\"\"\u003e\u003cb\u003ePony AI\u003c/b\u003e\u003c/span\u003e is seeking to raise $260M at a $4.6B valuation in an upsized US IPO \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Chinese solar-energy materials supplier \u003cspan style=\"\"\u003e\u003cb\u003eQinghai Lihao \u003c/b\u003e\u003c/span\u003eis preparing a $138M Hong Kong IPO for H2 2025 \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\u003cspan style=\"\"\u003e\u003cb\u003eDebt \u003c/b\u003e\u003c/span\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\u003eEU\u003c/b\u003e\u003c/span\u003e raised $7.4B via a syndicated sale of conventional and green bonds \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAppLovin\u003c/b\u003e\u003c/span\u003e, a marketing platform for app developers, is planning a debut $3.5B high-grade bond sale \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMicroStrategy \u003c/b\u003e\u003c/span\u003eupsized its 0% convertible note offering by 50% to raise $2.6B as part of plans to buy Bitcoin \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Taiwan’s Nvidia partner \u003cspan style=\"\"\u003e\u003cb\u003eFoxconn\u003c/b\u003e\u003c/span\u003e raised a $1.1B syndicated bank loan \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e India\u0026#39;s \u003cspan style=\"\"\u003e\u003cb\u003eAdani Green Energy\u003c/b\u003e\u003c/span\u003e raised $600M in a dollar bond offering \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Canadian budget airline \u003cspan style=\"\"\u003e\u003cb\u003eFlair\u003c/b\u003e\u003c/span\u003e is seeking to raise $150M in senior debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eClearlake\u003c/b\u003e\u003c/span\u003e-backed healthcare software firm \u003cspan style=\"\"\u003e\u003cb\u003eFinThrive\u003c/b\u003e\u003c/span\u003e raised $155M in a refinancing \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\u003cspan style=\"\"\u003e\u003cb\u003eFrazier Healthcare Partners\u003c/b\u003e\u003c/span\u003e raised $2.3B for its eleventh growth-buyout fund \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Real estate investment firm \u003cspan style=\"\"\u003e\u003cb\u003eBelveron Partners\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e \u003c/span\u003eraised $354M for its seventh flagship fund \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Seed VC \u003cspan style=\"\"\u003e\u003cb\u003eBling Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e \u003c/span\u003eraised $270M for its fourth flagship fund \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e German VC \u003cspan style=\"\"\u003e\u003cb\u003eExtantia Capital\u003c/b\u003e\u003c/span\u003e raised $215M to invest in early-stage climate startups \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\u003cb\u003eFTX\u003c/b\u003e co-founder Gary Wang will avoid jail time for cooperating (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/ex-bankman-fried-ally-gary-wang-avoids-prison-over-ftx-fraud?srnd=phx-crypto\" 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 Trump is weighing creating a White House crypto role (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/trump-team-mulls-creating-first-ever-white-house-crypto-role\" 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=\"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’s Picks\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 Greg Obenshain wrote a great piece explaining \u003ca class=\"link\" href=\"https://mailchi.mp/verdadcap/shorting-credit\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ewhy shorting junk debt isn\u0026#39;t the same as shorting equity\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 Mark Rzepczynski briefly summarized new research on \u003ca class=\"link\" href=\"https://mrzepczynski.blogspot.com/2024/11/vix-and-corporate-bonds.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ewhat the VIX tells us about corporate bond spreads\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 In another piece on debt, Larry Swedroe explained \u003ca class=\"link\" href=\"https://www.morningstar.com/alternative-investments/why-private-direct-lending-is-an-attractive-alternative-public-securities\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ewhy publicly traded vehicles for private credit don\u0026#39;t work as well\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cdiv id=\"learn-ai-in-5-minutes-a-day\" style=\"padding-bottom:4px;padding-left:20px;padding-right:20px;padding-top:14px;\"\u003e\u003ch3 style=\"color:#696969;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;font-weight:normal;line-height:24px;margin:0;text-align:left;\"\u003eLearn AI in 5 minutes a day.\u003c/h3\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 What’s the secret to staying ahead of the curve in the world of AI? Information. Luckily, you can join 700,000 early adopters reading \u003ca class=\"link\" href=\"https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}\u0026utm_campaign=BGHTEMCQX7\u0026redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen\u0026redirect_delay=1\u0026_bhiiv=opp_c4ac672c-9b85-4313-8711-488765db57fd_e4221c46\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eThe Rundown\u003c/a\u003e– the free newsletter that makes you smarter on AI with just a 5-minute read per day. \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\u003ca class=\"link\" href=\"https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}\u0026utm_campaign=BGHTEMCQX7\u0026redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen\u0026redirect_delay=1\u0026_bhiiv=opp_c4ac672c-9b85-4313-8711-488765db57fd_e4221c46\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSign up.\u003c/a\u003e\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=\"hedge-fund-analyst-opportunity\" 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\u003eHedge Fund Analyst Opportunity \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 We are working with \u003cb\u003ePantera Capital \u003c/b\u003eto hire an \u003cb\u003eInvestment Analyst for their Liquid Token Fund\u003c/b\u003e, an open-ended fund focused primarily on liquid tokens. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e With $5B total firm AUM, Pantera was the first US institutional asset manager focused exclusively on blockchain technology. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e If you are crypto native and have deep fundamental analysis skills with 1-4 years of investment banking, private equity, hedge funds, consulting, or equity research experience, this is the perfect opportunity for you! \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Bonus points if you manage your own portfolio of digital assets and can discuss your investment strategy. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Learn more and apply below: \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/pantera-capital-new-york-hedge-fund-analyst-2024-may\"\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 Here 🤝 \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; 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Chill Company That Beats Earnings\u003c/h1\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 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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://app.10east.co/?utm_source=ExecSum\u0026amp;utm_medium=CPC\u0026amp;utm_campaign=Feb24-\u0026amp;utm_content=Newsletter1\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:20%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/9fc22d45-d556-41c7-a3bc-65aabab78108/image.png?t=1732135171\"\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 Marc Rowan emerged as a top contender for Treasury Secretary, Citadel Securities set its sights on Europe bond markets, Bill Hwang was sentenced to 18 years, DOJ proposed a forced sale of Google Chrome, and Nvidia's profit doubled in another strong earnings report. \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 Invest in institutional-caliber private markets with \u003ca class=\"link\" href=\"https://app.10east.co/?utm_source=ExecSum\u0026amp;utm_medium=CPC\u0026amp;utm_campaign=Feb24-\u0026amp;utm_content=Newsletter1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e10 East\u003c/a\u003e, a membership-based investment platform offering targeted exposure to PE, VC, and more. \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-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://forms.gle/avC7V9tJseG6P39Q9\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:75%;border-radius:0px 0px 0px 0px;border-style:solid;border-width:0px 0px 0px 0px;box-sizing:border-box;border-color:#E5E7EB;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/74cf1ad5-57ba-44c3-9546-cd89e7129556/Partner_with_us_logo_FINAL_V3.png?t=1722407247\"\u003e\u003c/a\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/95edcde7-7dde-415a-8d33-e0721634aec2/image.png?t=1732150909\"\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 11/20/2024 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 US stocks closed mixed as investors digested earnings and geo-political developments \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\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\u003eNvidia\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e beat Q3 estimates and Q4 sales forecasts on strong demand for AI chips; revenue growth has slowed from 265%, 262% and 122% YoY in previous quarters to 94% in Q3 and a projected 70% in Q4 (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/nvidia-nvda-earnings-report-q3-2025.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)\u0026nbsp;\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\u003eTarget\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e plunged 22% after posting its largest earnings miss in two years and cutting FY guidance due to minimal increase in customer traffic despite price cuts and discounts (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/target-tgt-q3-2024-earnings.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)\u0026nbsp;\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=\"\"\u003e\u003cb\u003ePalo Alto Networks\u003c/b\u003e\u003c/span\u003e beat Q1 EPS and revenue estimates on healthy demand for cybersecurity service but failed to impress with Q2 and FY guidance (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/cybersecurity/palo-alto-tops-revenue-profit-estimates-steady-cybersecurity-demand-2024-11-20/\" 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\u003eSnowflake\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003ejumped 20% after beating Q3 estimates and Q1 sales forecast thanks to strong reception for new products (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/snowflake-gives-strong-sales-outlook-on-pickup-of-new-products?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) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eTJX\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eissued a Q3 beat-and-raise but their Q4 guidance failed to match expectations for a strong holiday quarter (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/tjx-companies-tjx-earnings-q3-2025.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\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=\"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\u003eJohn\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u0026nbsp;\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eDeere\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\u003eBaidu\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\u003eGap\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://www.nasdaq.com/market-activity/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 Apollo's Marc Rowan emerged as top candidate for Treasury Secretary (\u003ca class=\"link\" href=\"https://www.ft.com/content/cbe0e1a1-c6fa-49f0-9a8a-47499b9ad0fb\" 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 Goldman expects credit valuations to hold strong in 2025 (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/goldman-says-rich-credit-valuations-unlikely-to-cheapen-in-2025?srnd=phx-fixed-income\" 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 Eurozone risks another debt crisis if unable to boost growth (\u003ca class=\"link\" href=\"https://www.ft.com/content/8f2dac5d-b64a-43dc-8f4b-5e76e1a60a43\" 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 Citadel Securities is targeting European sovereign bond markets (\u003ca class=\"link\" href=\"https://www.ft.com/content/f75c0fc5-8377-4f6d-9609-876eb6a2ebf3?shareType=nongift\" 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 AIMCo named ex-Canadian PM Stephen Harper as chair two weeks after firing entire board (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/alberta-taps-former-canadian-pm-harper-to-oversee-pension-manager?srnd=phx-markets\" 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 ECB warned of a 'bubble' in AI stocks (\u003ca class=\"link\" href=\"https://www.reuters.com/world/europe/ecb-warns-bubble-ai-stocks-funds-deplete-cash-buffers-2024-11-20/\" 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 Speculative fever in Chinese stocks is running red hot (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/asia/chinas-cashed-up-crowd-is-back-stock-market-2024-11-20/\" 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 China funds slash ETF fees amid intense price competition (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/asia/china-funds-cut-etf-fees-escalating-price-war-booming-market-2024-11-20/\" 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 DOJ asked a judge to force Google to divest Chrome and Android (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-21/justice-department-seeks-google-chrome-sale-to-curb-monopoly?srnd=homepage-americas\" 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 Apple urged a judge to end DOJ smartphone monopoly case (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/apple-urge-judge-end-us-smartphone-monopoly-case-2024-11-20/\" 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 Bill Hwang was sentenced to 18 years in prison (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/archegos-founder-bill-hwang-sentenced-to-18-years-in-prison-1bbef6bc\" 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 US charged Gautam Adani in a massive bribery and fraud scheme (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/billionaire-gautam-adani-charged-in-new-york-with-massive-fraud.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e News Corp defeated activist Starboard to cement Murdoch control (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/news-corp-says-investors-reject-proposal-to-end-dual-class-voting-structure.html\" 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 Activist Effissimo stirs speculation with stake in struggling Nissan (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/hedge-fund-effissimo-stirs-speculation-with-its-stake-in-nissan?srnd=phx-markets\" 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 Nvidia is helping Google design quantum computing processors (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-18/nvidia-is-helping-google-design-quantum-computing-processors?srnd=homepage-americas\" 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 Ford will cut 4k Europe jobs as EV sales slow (\u003ca class=\"link\" href=\"https://www.nytimes.com/2024/11/20/business/ford-layoffs-europe.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eNYT\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-10-east\" 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 10 East\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://app.10east.co/?utm_source=ExecSum\u0026amp;utm_medium=CPC\u0026amp;utm_campaign=Feb24-\u0026amp;utm_content=Newsletter1\" 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/d9bc0e8a-c15e-4910-8f8f-250f52d9c24c/image.png?t=1732135197\"\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\u003eWhere Sophisticated Investors Access Private Markets\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\u003cb\u003e10 East\u003c/b\u003e is a co-investment platform where sophisticated investors access private market investments alongside a veteran team with a 12+ year track record of strong performance across over 350 transactions. The firm is led by Michael Leffell, former Deputy Executive Managing Member of Davidson Kempner. \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 Members have the flexibility to participate on a deal-by-deal basis across private equity, credit, real estate, and venture capital. \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 Benefits of \u003ca class=\"link\" href=\"https://app.10east.co/?utm_source=ExecSum\u0026amp;utm_medium=CPC\u0026amp;utm_campaign=Feb24-\u0026amp;utm_content=Newsletter1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e10 East membership\u003c/a\u003e include:   \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\u003eFlexibility\u003c/b\u003e – members have full discretion over whether to invest on an offering-by-offering basis.  \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eAlignment\u003c/b\u003e – principals commit material personal capital to every offering.   \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eInstitutional resources\u003c/b\u003e – a dedicated investment team that sources and diligences each offering. \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 There are no upfront costs or commitments associated with joining 10 East. \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\u003cb\u003eExec Sum readers can join 10 East with complimentary access \u003c/b\u003e\u003ca class=\"link\" href=\"https://app.10east.co/?utm_source=ExecSum\u0026amp;utm_medium=CPC\u0026amp;utm_campaign=Feb24-\u0026amp;utm_content=Newsletter1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e\u003cb\u003ehere\u003c/b\u003e\u003c/a\u003e\u003cb\u003e.\u003c/b\u003e\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=\"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\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone \u003c/b\u003e\u003c/span\u003eemerged as the frontrunner to buy a mixed-use office complex in Tokyo from\u003cspan style=\"\"\u003e\u003cb\u003e Seibu Holdings\u003c/b\u003e\u003c/span\u003e in a potential $2.6B deal \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A consortium including \u003cspan style=\"\"\u003e\u003cb\u003ePSG Equity \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eGolub Capital\u003c/b\u003e\u003c/span\u003e agreed to acquire a minority stake in data center monitoring firm \u003cspan style=\"\"\u003e\u003cb\u003eLogicMonitor \u003c/b\u003e\u003c/span\u003efrom \u003cspan style=\"\"\u003e\u003cb\u003eVista Equity Partners \u003c/b\u003e\u003c/span\u003eat a $2.4B valuation, including debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firm \u003cb\u003eCinven\u003c/b\u003e acquired a stake in accounting firm \u003cb\u003eGrant Thornton UK\u003c/b\u003e at a reported $1.9B valuation, beating out rivals including \u003cb\u003eNew Mountain Capital\u003c/b\u003e-owned \u003cb\u003eGrant Thornton US \u003c/b\u003ewho hoped for a three-way merger with the UK and Ireland affiliates \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Canada's\u003cspan style=\"\"\u003e\u003cb\u003e OTPP \u003c/b\u003e\u003c/span\u003eagreed to acquire a 50% stake in Swedish financial adviser \u003cspan style=\"\"\u003e\u003cb\u003eMax Matthiessen\u003c/b\u003e\u003c/span\u003e from PE firm \u003cspan style=\"\"\u003e\u003cb\u003eNordic Capital \u003c/b\u003e\u003c/span\u003eat a $1.1B valuation, including debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eThompson Street Capital Partners\u003c/b\u003e\u003c/span\u003e is exploring a sale of \u003cspan style=\"\"\u003e\u003cb\u003eFreddy's Frozen Custard \u0026amp; Steakburgers\u003c/b\u003e\u003c/span\u003e chain for over $1B, including debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eStarbucks\u003c/b\u003e is considering selling a stake in its Chinese business \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 Musk's OpenAI-rival \u003cb\u003exAI\u003c/b\u003e raised a $5B round at a $50B valuation from\u003cb\u003e\u0026nbsp;\u003c/b\u003eQatar's\u003cb\u003e QIA\u003c/b\u003e,\u003cb\u003e Valor Equity Partners\u003c/b\u003e, \u003cb\u003eSequoia\u003c/b\u003e and \u003cb\u003ea16z\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Open-source ERP startup \u003cb\u003eOdoo\u003c/b\u003e raised $527M in a secondary share sale at a $5.26B valuation led by \u003cb\u003eCapitalG\u003c/b\u003e and \u003cb\u003eSequoia\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Data security startup \u003cb\u003eCyera\u003c/b\u003e raised a $300M Series D at a $3B valuation led by \u003cb\u003eAccel\u003c/b\u003e and \u003cb\u003eSapphire Ventures\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Fusion energy company \u003cb\u003eTokamak Energy\u003c/b\u003e raised $125M led by \u003cb\u003eEast X Ventures\u003c/b\u003e and \u003cb\u003eLingotto \u003c/b\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eAquaria\u003c/b\u003e, a startup building communities and cities supplied with rain water, raised $112M from \u003cb\u003eMistletoe\u003c/b\u003e, \u003cb\u003eCiri Ventures\u003c/b\u003e, \u003cb\u003eSoma Capital\u003c/b\u003e, and more \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Portuguese drone startup \u003cb\u003eTekever\u003c/b\u003e raised $74M led by \u003cb\u003eBaillie Gifford\u003c/b\u003e and \u003cb\u003eNATO\u003c/b\u003e\u0026nbsp;\u003cb\u003eInnovation Fund\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eInversion\u003c/b\u003e, a startup delivering goods from space, raised a $44M Series A co-led by \u003cb\u003eSpark Capital\u003c/b\u003e and \u003cb\u003eAdjacent\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eMagma Math\u003c/b\u003e, a K-12 instructional math platform, raised a $40M Series A led by \u003cb\u003eFive Elms Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eZarminali Health\u003c/b\u003e, an outpatient pediatric destination, raised a $40M seed round led by \u003cb\u003eGeneral Catalyst\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e European snacking brand \u003cb\u003eKoRo\u003c/b\u003e raised a $38.8M Series C led by \u003cb\u003eCoefficient Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Online gaming platform \u003cb\u003eMonkey Tilt\u003c/b\u003e raised a $30M Series A led by \u003cb\u003ePantera Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e AI-powered logistics startup \u003cb\u003eClass8\u003c/b\u003e raised a $22M Series A led by \u003cb\u003eXplorer Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e AI radiology startup \u003cb\u003eNew Lantern\u003c/b\u003e raised a $19M Series A led by \u003cb\u003eBenchmark\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003ePrompt Security\u003c/b\u003e, a startup specializing in GenAI security, raised an $18M Series A led by \u003cb\u003eJump Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eCardo AI\u003c/b\u003e, a next-gen ABF and private credit tech platform, raised a $15M Series A led by \u003cb\u003eBlackstone\u003c/b\u003e, \u003cb\u003eFINTOP Capital\u003c/b\u003e, and \u003cb\u003eJAM FINTOP\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eTwine\u003c/b\u003e, a cybersecurity startup building digital employees, raised a $12M seed round led by \u003cb\u003eTen Eleven Ventures\u003c/b\u003e and \u003cb\u003eDell\u003c/b\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Cloud-native identity infrastructure startup \u003cb\u003eZitadel\u003c/b\u003e raised a $9M Series A led by \u003cb\u003eNexus Venture Partners\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eFour Growers\u003c/b\u003e, a startup building robots to serve as greenhouse labor, raised a $9M Series A led by \u003cb\u003eBasset Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e API software provider \u003cb\u003eApideck\u003c/b\u003e raised a $7.5M Series A led by \u003cb\u003eAirbridge Equity Partners\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eDistru\u003c/b\u003e, a cannabis supply chain platform, raised a $6M Series A led by \u003cb\u003eGlobal Founders Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eShinami\u003c/b\u003e, a developer platform for Move-based blockchains, raised a $5.6M seed round led by \u003cb\u003eRace Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eConverge Bio\u003c/b\u003e, a startup building an 'everything store' for biotech LLMs, raised a $5.5M seed round led by \u003cb\u003eTLV Partners\u003c/b\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\u003eIPO / Direct Listings / Issuances / Block Trades\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\u003eEQT\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eADIA\u003c/b\u003e\u003c/span\u003e, and \u003cspan style=\"\"\u003e\u003cb\u003eAuba Investment \u003c/b\u003e\u003c/span\u003eare offering to sell a 6.7% stake in Swiss skincare group \u003cspan style=\"\"\u003e\u003cb\u003eGalderma \u003c/b\u003e\u003c/span\u003eto raise ~$1.5B \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSoftBank\u003c/b\u003e\u003c/span\u003e-backed Indian B2B e-commerce firm \u003cspan style=\"\"\u003e\u003cb\u003eOfBusiness\u003c/b\u003e\u003c/span\u003e is preparing a $1B India IPO \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Chinese autonomous driving startup \u003cspan style=\"\"\u003e\u003cb\u003ePony AI\u003c/b\u003e\u003c/span\u003e is seeking to raise $260M at a $4.6B valuation in an upsized US IPO \u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Chinese solar-energy materials supplier \u003cspan style=\"\"\u003e\u003cb\u003eQinghai Lihao \u003c/b\u003e\u003c/span\u003eis preparing a $138M Hong Kong IPO for H2 2025 \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\u003cspan style=\"\"\u003e\u003cb\u003eDebt\u0026nbsp;\u003c/b\u003e\u003c/span\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\u003eEU\u003c/b\u003e\u003c/span\u003e raised $7.4B via a syndicated sale of conventional and green bonds \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAppLovin\u003c/b\u003e\u003c/span\u003e, a marketing platform for app developers, is planning a debut $3.5B high-grade bond sale \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMicroStrategy \u003c/b\u003e\u003c/span\u003eupsized its 0% convertible note offering by 50% to raise $2.6B as part of plans to buy Bitcoin \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Taiwan’s Nvidia partner \u003cspan style=\"\"\u003e\u003cb\u003eFoxconn\u003c/b\u003e\u003c/span\u003e raised a $1.1B syndicated bank loan \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e India's \u003cspan style=\"\"\u003e\u003cb\u003eAdani Green Energy\u003c/b\u003e\u003c/span\u003e raised $600M in a dollar bond offering \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Canadian budget airline \u003cspan style=\"\"\u003e\u003cb\u003eFlair\u003c/b\u003e\u003c/span\u003e is seeking to raise $150M in senior debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eClearlake\u003c/b\u003e\u003c/span\u003e-backed healthcare software firm \u003cspan style=\"\"\u003e\u003cb\u003eFinThrive\u003c/b\u003e\u003c/span\u003e raised $155M in a refinancing\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\u003cspan style=\"\"\u003e\u003cb\u003eFrazier Healthcare Partners\u003c/b\u003e\u003c/span\u003e raised $2.3B for its eleventh growth-buyout fund \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Real estate investment firm \u003cspan style=\"\"\u003e\u003cb\u003eBelveron Partners\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eraised $354M for its seventh flagship fund \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Seed VC \u003cspan style=\"\"\u003e\u003cb\u003eBling Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eraised $270M for its fourth flagship fund \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e German VC \u003cspan style=\"\"\u003e\u003cb\u003eExtantia Capital\u003c/b\u003e\u003c/span\u003e raised $215M to invest in early-stage climate startups \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\u003cb\u003eFTX\u003c/b\u003e co-founder Gary Wang will avoid jail time for cooperating (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/ex-bankman-fried-ally-gary-wang-avoids-prison-over-ftx-fraud?srnd=phx-crypto\" 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 Trump is weighing creating a White House crypto role (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/trump-team-mulls-creating-first-ever-white-house-crypto-role\" 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=\"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’s Picks\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 Greg Obenshain wrote a great piece explaining \u003ca class=\"link\" href=\"https://mailchi.mp/verdadcap/shorting-credit\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ewhy shorting junk debt isn't the same as shorting equity\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 Mark Rzepczynski briefly summarized new research on \u003ca class=\"link\" href=\"https://mrzepczynski.blogspot.com/2024/11/vix-and-corporate-bonds.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ewhat the VIX tells us about corporate bond spreads\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 In another piece on debt, Larry Swedroe explained \u003ca class=\"link\" href=\"https://www.morningstar.com/alternative-investments/why-private-direct-lending-is-an-attractive-alternative-public-securities\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ewhy publicly traded vehicles for private credit don't work as well\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cdiv id=\"learn-ai-in-5-minutes-a-day\" style=\"padding-bottom:4px;padding-left:20px;padding-right:20px;padding-top:14px;\"\u003e\u003ch3 style=\"color:#696969;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;font-weight:normal;line-height:24px;margin:0;text-align:left;\"\u003eLearn AI in 5 minutes a day.\u003c/h3\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 What’s the secret to staying ahead of the curve in the world of AI? Information. Luckily, you can join 700,000 early adopters reading \u003ca class=\"link\" href=\"https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}\u0026amp;utm_campaign=BGHTEMCQX7\u0026amp;redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen\u0026amp;redirect_delay=1\u0026amp;_bhiiv=opp_c4ac672c-9b85-4313-8711-488765db57fd_e4221c46\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eThe Rundown\u003c/a\u003e– the free newsletter that makes you smarter on AI with just a 5-minute read per day. \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\u003ca class=\"link\" href=\"https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}\u0026amp;utm_campaign=BGHTEMCQX7\u0026amp;redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen\u0026amp;redirect_delay=1\u0026amp;_bhiiv=opp_c4ac672c-9b85-4313-8711-488765db57fd_e4221c46\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSign up.\u003c/a\u003e\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=\"hedge-fund-analyst-opportunity\" 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\u003eHedge Fund Analyst Opportunity \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 We are working with \u003cb\u003ePantera Capital \u003c/b\u003eto hire an \u003cb\u003eInvestment Analyst for their Liquid Token Fund\u003c/b\u003e, an open-ended fund focused primarily on liquid tokens. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e With $5B total firm AUM, Pantera was the first US institutional asset manager focused exclusively on blockchain technology. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e If you are crypto native and have deep fundamental analysis skills with 1-4 years of investment banking, private equity, hedge funds, consulting, or equity research experience, this is the perfect opportunity for you! \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Bonus points if you manage your own portfolio of digital assets and can discuss your investment strategy. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Learn more and apply below: \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/pantera-capital-new-york-hedge-fund-analyst-2024-may\"\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 Here 🤝 \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; 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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/velvetmilkman0/status/1859363981044965666\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:90%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/7281e9ed-05aa-4179-92af-a0239197da83/image.png?t=1732151803\"\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/1859335996162085144\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:90%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ff5d711c-8e14-4ae4-863a-bd4b19528fc2/image.png?t=1732151852\"\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/FusionptCapital/status/1858928067546390574\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:90%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/2a9eca99-51c2-4f46-a43a-a3826b07d032/image.png?t=1732136059\"\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\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 🛒\u0026nbsp;\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;;\"\u003eMerch Store\u003c/a\u003e\u003c/b\u003e\u003cb\u003e: \u003c/b\u003eVisit our merch store to shop our latest apparel, shoes, bags, accessories and more.\u003cb\u003e\u0026nbsp;\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 💵\u0026nbsp;\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;;\"\u003eLitquidity Ventures\u003c/a\u003e\u003c/b\u003e\u003cb\u003e: \u003c/b\u003eAccredited investors \u0026amp; qualified purchasers within the Litquidity community can gain access to alternative investments such as venture, late-stage growth, and private equity through Litquidity Ventures. Interested? Fill out \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;;\"\u003ethis form\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\u003cb\u003e☎️ \u003c/b\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\u003cb\u003e: \u003c/b\u003eWant to pick Litquidity's brain on business advice, insights, or just chat to say what's up? Buy his time \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;;\"\u003ehere\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 📧\u0026nbsp;\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 #387fd2;word-break:break-word;;\"\u003eLaunch your own newsletter\u003c/a\u003e\u003c/b\u003e\u003cb\u003e: \u003c/b\u003eHave great content ideas and looking to launch your own publication? 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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;\"\u003eJust a Chill Company That Beats Earnings\u003c/h1\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 November 21, 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%2Fjust-a-chill-company-that-beats-earnings\" 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?url=https%3A%2F%2Fwww.execsum.co%2Fp%2Fjust-a-chill-company-that-beats-earnings\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 21.75H1.68l7.73-8.835L1.254 2.25H8.08l4.713 6.231zm-1.161 17.52h1.833L7.084 4.126H5.117z\" fill=\"#BAC2CE\" transform=\"translate(14,14)\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003ca href=\"https://www.threads.net/intent/post?text=https%3A%2F%2Fwww.execsum.co%2Fp%2Fjust-a-chill-company-that-beats-earnings\" 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=\"M125.185 102.469C124.828 102.298 124.465 102.133 124.097 101.975C123.456 90.1702 117.006 83.4121 106.175 83.3429C106.126 83.3426 106.077 83.3426 106.028 83.3426C99.5502 83.3426 94.1624 86.1078 90.8463 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%2Fjust-a-chill-company-that-beats-earnings\" 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://app.10east.co/?utm_source=ExecSum\u0026amp;utm_medium=CPC\u0026amp;utm_campaign=Feb24-\u0026amp;utm_content=Newsletter1\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:20%;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/9fc22d45-d556-41c7-a3bc-65aabab78108/image.png?t=1732135171\"\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 Marc Rowan emerged as a top contender for Treasury Secretary, Citadel Securities set its sights on Europe bond markets, Bill Hwang was sentenced to 18 years, DOJ proposed a forced sale of Google Chrome, and Nvidia's profit doubled in another strong earnings report. \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 Invest in institutional-caliber private markets with \u003ca class=\"link\" href=\"https://app.10east.co/?utm_source=ExecSum\u0026amp;utm_medium=CPC\u0026amp;utm_campaign=Feb24-\u0026amp;utm_content=Newsletter1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e10 East\u003c/a\u003e, a membership-based investment platform offering targeted exposure to PE, VC, and more. \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-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://forms.gle/avC7V9tJseG6P39Q9\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:75%;border-radius:0px 0px 0px 0px;border-style:solid;border-width:0px 0px 0px 0px;box-sizing:border-box;border-color:#E5E7EB;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/74cf1ad5-57ba-44c3-9546-cd89e7129556/Partner_with_us_logo_FINAL_V3.png?t=1722407247\"\u003e\u003c/a\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/95edcde7-7dde-415a-8d33-e0721634aec2/image.png?t=1732150909\"\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 11/20/2024 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 US stocks closed mixed as investors digested earnings and geo-political developments \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\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\u003eNvidia\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e beat Q3 estimates and Q4 sales forecasts on strong demand for AI chips; revenue growth has slowed from 265%, 262% and 122% YoY in previous quarters to 94% in Q3 and a projected 70% in Q4 (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/nvidia-nvda-earnings-report-q3-2025.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)\u0026nbsp;\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\u003eTarget\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e plunged 22% after posting its largest earnings miss in two years and cutting FY guidance due to minimal increase in customer traffic despite price cuts and discounts (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/target-tgt-q3-2024-earnings.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)\u0026nbsp;\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=\"\"\u003e\u003cb\u003ePalo Alto Networks\u003c/b\u003e\u003c/span\u003e beat Q1 EPS and revenue estimates on healthy demand for cybersecurity service but failed to impress with Q2 and FY guidance (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/cybersecurity/palo-alto-tops-revenue-profit-estimates-steady-cybersecurity-demand-2024-11-20/\" 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\u003eSnowflake\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003ejumped 20% after beating Q3 estimates and Q1 sales forecast thanks to strong reception for new products (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/snowflake-gives-strong-sales-outlook-on-pickup-of-new-products?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) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eTJX\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eissued a Q3 beat-and-raise but their Q4 guidance failed to match expectations for a strong holiday quarter (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/tjx-companies-tjx-earnings-q3-2025.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\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=\"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\u003eJohn\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u0026nbsp;\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eDeere\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\u003eBaidu\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\u003eGap\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://www.nasdaq.com/market-activity/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 Apollo's Marc Rowan emerged as top candidate for Treasury Secretary (\u003ca class=\"link\" href=\"https://www.ft.com/content/cbe0e1a1-c6fa-49f0-9a8a-47499b9ad0fb\" 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 Goldman expects credit valuations to hold strong in 2025 (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/goldman-says-rich-credit-valuations-unlikely-to-cheapen-in-2025?srnd=phx-fixed-income\" 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 Eurozone risks another debt crisis if unable to boost growth (\u003ca class=\"link\" href=\"https://www.ft.com/content/8f2dac5d-b64a-43dc-8f4b-5e76e1a60a43\" 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 Citadel Securities is targeting European sovereign bond markets (\u003ca class=\"link\" href=\"https://www.ft.com/content/f75c0fc5-8377-4f6d-9609-876eb6a2ebf3?shareType=nongift\" 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 AIMCo named ex-Canadian PM Stephen Harper as chair two weeks after firing entire board (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/alberta-taps-former-canadian-pm-harper-to-oversee-pension-manager?srnd=phx-markets\" 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 ECB warned of a 'bubble' in AI stocks (\u003ca class=\"link\" href=\"https://www.reuters.com/world/europe/ecb-warns-bubble-ai-stocks-funds-deplete-cash-buffers-2024-11-20/\" 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 Speculative fever in Chinese stocks is running red hot (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/asia/chinas-cashed-up-crowd-is-back-stock-market-2024-11-20/\" 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 China funds slash ETF fees amid intense price competition (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/asia/china-funds-cut-etf-fees-escalating-price-war-booming-market-2024-11-20/\" 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 DOJ asked a judge to force Google to divest Chrome and Android (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-21/justice-department-seeks-google-chrome-sale-to-curb-monopoly?srnd=homepage-americas\" 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 Apple urged a judge to end DOJ smartphone monopoly case (\u003ca class=\"link\" href=\"https://www.reuters.com/technology/apple-urge-judge-end-us-smartphone-monopoly-case-2024-11-20/\" 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 Bill Hwang was sentenced to 18 years in prison (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/archegos-founder-bill-hwang-sentenced-to-18-years-in-prison-1bbef6bc\" 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 US charged Gautam Adani in a massive bribery and fraud scheme (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/billionaire-gautam-adani-charged-in-new-york-with-massive-fraud.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCNBC\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e News Corp defeated activist Starboard to cement Murdoch control (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/11/20/news-corp-says-investors-reject-proposal-to-end-dual-class-voting-structure.html\" 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 Activist Effissimo stirs speculation with stake in struggling Nissan (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/hedge-fund-effissimo-stirs-speculation-with-its-stake-in-nissan?srnd=phx-markets\" 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 Nvidia is helping Google design quantum computing processors (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-18/nvidia-is-helping-google-design-quantum-computing-processors?srnd=homepage-americas\" 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 Ford will cut 4k Europe jobs as EV sales slow (\u003ca class=\"link\" href=\"https://www.nytimes.com/2024/11/20/business/ford-layoffs-europe.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eNYT\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-10-east\" 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 10 East\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://app.10east.co/?utm_source=ExecSum\u0026amp;utm_medium=CPC\u0026amp;utm_campaign=Feb24-\u0026amp;utm_content=Newsletter1\" 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/d9bc0e8a-c15e-4910-8f8f-250f52d9c24c/image.png?t=1732135197\"\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\u003eWhere Sophisticated Investors Access Private Markets\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\u003cb\u003e10 East\u003c/b\u003e is a co-investment platform where sophisticated investors access private market investments alongside a veteran team with a 12+ year track record of strong performance across over 350 transactions. The firm is led by Michael Leffell, former Deputy Executive Managing Member of Davidson Kempner. \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 Members have the flexibility to participate on a deal-by-deal basis across private equity, credit, real estate, and venture capital. \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 Benefits of \u003ca class=\"link\" href=\"https://app.10east.co/?utm_source=ExecSum\u0026amp;utm_medium=CPC\u0026amp;utm_campaign=Feb24-\u0026amp;utm_content=Newsletter1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e10 East membership\u003c/a\u003e include:   \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\u003eFlexibility\u003c/b\u003e – members have full discretion over whether to invest on an offering-by-offering basis.  \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eAlignment\u003c/b\u003e – principals commit material personal capital to every offering.   \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eInstitutional resources\u003c/b\u003e – a dedicated investment team that sources and diligences each offering. \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 There are no upfront costs or commitments associated with joining 10 East. \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\u003cb\u003eExec Sum readers can join 10 East with complimentary access \u003c/b\u003e\u003ca class=\"link\" href=\"https://app.10east.co/?utm_source=ExecSum\u0026amp;utm_medium=CPC\u0026amp;utm_campaign=Feb24-\u0026amp;utm_content=Newsletter1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e\u003cb\u003ehere\u003c/b\u003e\u003c/a\u003e\u003cb\u003e.\u003c/b\u003e\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=\"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\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone \u003c/b\u003e\u003c/span\u003eemerged as the frontrunner to buy a mixed-use office complex in Tokyo from\u003cspan style=\"\"\u003e\u003cb\u003e Seibu Holdings\u003c/b\u003e\u003c/span\u003e in a potential $2.6B deal \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A consortium including \u003cspan style=\"\"\u003e\u003cb\u003ePSG Equity \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eGolub Capital\u003c/b\u003e\u003c/span\u003e agreed to acquire a minority stake in data center monitoring firm \u003cspan style=\"\"\u003e\u003cb\u003eLogicMonitor \u003c/b\u003e\u003c/span\u003efrom \u003cspan style=\"\"\u003e\u003cb\u003eVista Equity Partners \u003c/b\u003e\u003c/span\u003eat a $2.4B valuation, including debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firm \u003cb\u003eCinven\u003c/b\u003e acquired a stake in accounting firm \u003cb\u003eGrant Thornton UK\u003c/b\u003e at a reported $1.9B valuation, beating out rivals including \u003cb\u003eNew Mountain Capital\u003c/b\u003e-owned \u003cb\u003eGrant Thornton US \u003c/b\u003ewho hoped for a three-way merger with the UK and Ireland affiliates \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Canada's\u003cspan style=\"\"\u003e\u003cb\u003e OTPP \u003c/b\u003e\u003c/span\u003eagreed to acquire a 50% stake in Swedish financial adviser \u003cspan style=\"\"\u003e\u003cb\u003eMax Matthiessen\u003c/b\u003e\u003c/span\u003e from PE firm \u003cspan style=\"\"\u003e\u003cb\u003eNordic Capital \u003c/b\u003e\u003c/span\u003eat a $1.1B valuation, including debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eThompson Street Capital Partners\u003c/b\u003e\u003c/span\u003e is exploring a sale of \u003cspan style=\"\"\u003e\u003cb\u003eFreddy's Frozen Custard \u0026amp; Steakburgers\u003c/b\u003e\u003c/span\u003e chain for over $1B, including debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eStarbucks\u003c/b\u003e is considering selling a stake in its Chinese business \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 Musk's OpenAI-rival \u003cb\u003exAI\u003c/b\u003e raised a $5B round at a $50B valuation from\u003cb\u003e\u0026nbsp;\u003c/b\u003eQatar's\u003cb\u003e QIA\u003c/b\u003e,\u003cb\u003e Valor Equity Partners\u003c/b\u003e, \u003cb\u003eSequoia\u003c/b\u003e and \u003cb\u003ea16z\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Open-source ERP startup \u003cb\u003eOdoo\u003c/b\u003e raised $527M in a secondary share sale at a $5.26B valuation led by \u003cb\u003eCapitalG\u003c/b\u003e and \u003cb\u003eSequoia\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Data security startup \u003cb\u003eCyera\u003c/b\u003e raised a $300M Series D at a $3B valuation led by \u003cb\u003eAccel\u003c/b\u003e and \u003cb\u003eSapphire Ventures\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Fusion energy company \u003cb\u003eTokamak Energy\u003c/b\u003e raised $125M led by \u003cb\u003eEast X Ventures\u003c/b\u003e and \u003cb\u003eLingotto \u003c/b\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eAquaria\u003c/b\u003e, a startup building communities and cities supplied with rain water, raised $112M from \u003cb\u003eMistletoe\u003c/b\u003e, \u003cb\u003eCiri Ventures\u003c/b\u003e, \u003cb\u003eSoma Capital\u003c/b\u003e, and more \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Portuguese drone startup \u003cb\u003eTekever\u003c/b\u003e raised $74M led by \u003cb\u003eBaillie Gifford\u003c/b\u003e and \u003cb\u003eNATO\u003c/b\u003e\u0026nbsp;\u003cb\u003eInnovation Fund\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eInversion\u003c/b\u003e, a startup delivering goods from space, raised a $44M Series A co-led by \u003cb\u003eSpark Capital\u003c/b\u003e and \u003cb\u003eAdjacent\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eMagma Math\u003c/b\u003e, a K-12 instructional math platform, raised a $40M Series A led by \u003cb\u003eFive Elms Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eZarminali Health\u003c/b\u003e, an outpatient pediatric destination, raised a $40M seed round led by \u003cb\u003eGeneral Catalyst\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e European snacking brand \u003cb\u003eKoRo\u003c/b\u003e raised a $38.8M Series C led by \u003cb\u003eCoefficient Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Online gaming platform \u003cb\u003eMonkey Tilt\u003c/b\u003e raised a $30M Series A led by \u003cb\u003ePantera Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e AI-powered logistics startup \u003cb\u003eClass8\u003c/b\u003e raised a $22M Series A led by \u003cb\u003eXplorer Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e AI radiology startup \u003cb\u003eNew Lantern\u003c/b\u003e raised a $19M Series A led by \u003cb\u003eBenchmark\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003ePrompt Security\u003c/b\u003e, a startup specializing in GenAI security, raised an $18M Series A led by \u003cb\u003eJump Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eCardo AI\u003c/b\u003e, a next-gen ABF and private credit tech platform, raised a $15M Series A led by \u003cb\u003eBlackstone\u003c/b\u003e, \u003cb\u003eFINTOP Capital\u003c/b\u003e, and \u003cb\u003eJAM FINTOP\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eTwine\u003c/b\u003e, a cybersecurity startup building digital employees, raised a $12M seed round led by \u003cb\u003eTen Eleven Ventures\u003c/b\u003e and \u003cb\u003eDell\u003c/b\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Cloud-native identity infrastructure startup \u003cb\u003eZitadel\u003c/b\u003e raised a $9M Series A led by \u003cb\u003eNexus Venture Partners\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eFour Growers\u003c/b\u003e, a startup building robots to serve as greenhouse labor, raised a $9M Series A led by \u003cb\u003eBasset Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e API software provider \u003cb\u003eApideck\u003c/b\u003e raised a $7.5M Series A led by \u003cb\u003eAirbridge Equity Partners\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eDistru\u003c/b\u003e, a cannabis supply chain platform, raised a $6M Series A led by \u003cb\u003eGlobal Founders Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eShinami\u003c/b\u003e, a developer platform for Move-based blockchains, raised a $5.6M seed round led by \u003cb\u003eRace Capital\u003c/b\u003e\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eConverge Bio\u003c/b\u003e, a startup building an 'everything store' for biotech LLMs, raised a $5.5M seed round led by \u003cb\u003eTLV Partners\u003c/b\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\u003eIPO / Direct Listings / Issuances / Block Trades\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\u003eEQT\u003c/b\u003e\u003c/span\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eADIA\u003c/b\u003e\u003c/span\u003e, and \u003cspan style=\"\"\u003e\u003cb\u003eAuba Investment \u003c/b\u003e\u003c/span\u003eare offering to sell a 6.7% stake in Swiss skincare group \u003cspan style=\"\"\u003e\u003cb\u003eGalderma \u003c/b\u003e\u003c/span\u003eto raise ~$1.5B \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSoftBank\u003c/b\u003e\u003c/span\u003e-backed Indian B2B e-commerce firm \u003cspan style=\"\"\u003e\u003cb\u003eOfBusiness\u003c/b\u003e\u003c/span\u003e is preparing a $1B India IPO \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Chinese autonomous driving startup \u003cspan style=\"\"\u003e\u003cb\u003ePony AI\u003c/b\u003e\u003c/span\u003e is seeking to raise $260M at a $4.6B valuation in an upsized US IPO \u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Chinese solar-energy materials supplier \u003cspan style=\"\"\u003e\u003cb\u003eQinghai Lihao \u003c/b\u003e\u003c/span\u003eis preparing a $138M Hong Kong IPO for H2 2025 \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\u003cspan style=\"\"\u003e\u003cb\u003eDebt\u0026nbsp;\u003c/b\u003e\u003c/span\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\u003eEU\u003c/b\u003e\u003c/span\u003e raised $7.4B via a syndicated sale of conventional and green bonds \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAppLovin\u003c/b\u003e\u003c/span\u003e, a marketing platform for app developers, is planning a debut $3.5B high-grade bond sale \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eMicroStrategy \u003c/b\u003e\u003c/span\u003eupsized its 0% convertible note offering by 50% to raise $2.6B as part of plans to buy Bitcoin \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Taiwan’s Nvidia partner \u003cspan style=\"\"\u003e\u003cb\u003eFoxconn\u003c/b\u003e\u003c/span\u003e raised a $1.1B syndicated bank loan \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e India's \u003cspan style=\"\"\u003e\u003cb\u003eAdani Green Energy\u003c/b\u003e\u003c/span\u003e raised $600M in a dollar bond offering \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Canadian budget airline \u003cspan style=\"\"\u003e\u003cb\u003eFlair\u003c/b\u003e\u003c/span\u003e is seeking to raise $150M in senior debt \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eClearlake\u003c/b\u003e\u003c/span\u003e-backed healthcare software firm \u003cspan style=\"\"\u003e\u003cb\u003eFinThrive\u003c/b\u003e\u003c/span\u003e raised $155M in a refinancing\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\u003cspan style=\"\"\u003e\u003cb\u003eFrazier Healthcare Partners\u003c/b\u003e\u003c/span\u003e raised $2.3B for its eleventh growth-buyout fund \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Real estate investment firm \u003cspan style=\"\"\u003e\u003cb\u003eBelveron Partners\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eraised $354M for its seventh flagship fund \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Seed VC \u003cspan style=\"\"\u003e\u003cb\u003eBling Capital\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eraised $270M for its fourth flagship fund \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e German VC \u003cspan style=\"\"\u003e\u003cb\u003eExtantia Capital\u003c/b\u003e\u003c/span\u003e raised $215M to invest in early-stage climate startups \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\u003cb\u003eFTX\u003c/b\u003e co-founder Gary Wang will avoid jail time for cooperating (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/ex-bankman-fried-ally-gary-wang-avoids-prison-over-ftx-fraud?srnd=phx-crypto\" 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 Trump is weighing creating a White House crypto role (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-11-20/trump-team-mulls-creating-first-ever-white-house-crypto-role\" 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=\"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’s Picks\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 Greg Obenshain wrote a great piece explaining \u003ca class=\"link\" href=\"https://mailchi.mp/verdadcap/shorting-credit\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ewhy shorting junk debt isn't the same as shorting equity\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 Mark Rzepczynski briefly summarized new research on \u003ca class=\"link\" href=\"https://mrzepczynski.blogspot.com/2024/11/vix-and-corporate-bonds.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ewhat the VIX tells us about corporate bond spreads\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 In another piece on debt, Larry Swedroe explained \u003ca class=\"link\" href=\"https://www.morningstar.com/alternative-investments/why-private-direct-lending-is-an-attractive-alternative-public-securities\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ewhy publicly traded vehicles for private credit don't work as well\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cdiv id=\"learn-ai-in-5-minutes-a-day\" style=\"padding-bottom:4px;padding-left:20px;padding-right:20px;padding-top:14px;\"\u003e\u003ch3 style=\"color:#696969;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;font-weight:normal;line-height:24px;margin:0;text-align:left;\"\u003eLearn AI in 5 minutes a day.\u003c/h3\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 What’s the secret to staying ahead of the curve in the world of AI? Information. Luckily, you can join 700,000 early adopters reading \u003ca class=\"link\" href=\"https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}\u0026amp;utm_campaign=BGHTEMCQX7\u0026amp;redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen\u0026amp;redirect_delay=1\u0026amp;_bhiiv=opp_c4ac672c-9b85-4313-8711-488765db57fd_e4221c46\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eThe Rundown\u003c/a\u003e– the free newsletter that makes you smarter on AI with just a 5-minute read per day. \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\u003ca class=\"link\" href=\"https://magic.beehiiv.com/v1/4d03390d-2481-4299-b949-ffd8b38b4c38?email={{email}}\u0026amp;utm_campaign=BGHTEMCQX7\u0026amp;redirect_to=https%3A%2F%2Fsubscribe.therundown.ai%2F%3Fform%3Dopen\u0026amp;redirect_delay=1\u0026amp;_bhiiv=opp_c4ac672c-9b85-4313-8711-488765db57fd_e4221c46\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSign up.\u003c/a\u003e\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=\"hedge-fund-analyst-opportunity\" 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\u003eHedge Fund Analyst Opportunity \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 We are working with \u003cb\u003ePantera Capital \u003c/b\u003eto hire an \u003cb\u003eInvestment Analyst for their Liquid Token Fund\u003c/b\u003e, an open-ended fund focused primarily on liquid tokens. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e With $5B total firm AUM, Pantera was the first US institutional asset manager focused exclusively on blockchain technology. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e If you are crypto native and have deep fundamental analysis skills with 1-4 years of investment banking, private equity, hedge funds, consulting, or equity research experience, this is the perfect opportunity for you! \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Bonus points if you manage your own portfolio of digital assets and can discuss your investment strategy. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Learn more and apply below: \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/pantera-capital-new-york-hedge-fund-analyst-2024-may\"\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 Here 🤝 \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/junkbondinvest/status/1859081805896323204\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:90%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/14d6d966-20ec-42cb-8a07-1e0875605151/image.png?t=1732136090\"\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/velvetmilkman0/status/1859363981044965666\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:90%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/7281e9ed-05aa-4179-92af-a0239197da83/image.png?t=1732151803\"\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/1859335996162085144\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:90%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ff5d711c-8e14-4ae4-863a-bd4b19528fc2/image.png?t=1732151852\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; 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}\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 💵\u0026nbsp;\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;;\"\u003eLitquidity Ventures\u003c/a\u003e\u003c/b\u003e\u003cb\u003e: \u003c/b\u003eAccredited investors \u0026amp; qualified purchasers within the Litquidity community can gain access to alternative investments such as venture, late-stage growth, and private equity through Litquidity Ventures. 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