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Buh-Bye Biden

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padding-bottom: 20px; color: #8A8A8A; font-weight: 400;">A CrowdStrike glitch nearly crippled the global economy, Taleb's protege thinks the greatest bubble is at its peak, secondaries had a record H1, and Biden dropped out of the presidential race. </h2><div class="bh__byline_wrapper"><div><div style="display:flex;"><div style="display:flex; flex-direction:row; justify-content:flex-start;"><div style="display:flex;"><img alt="Author" height="40" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/user/profile_picture/2e8f4f5d-5856-4463-ad71-a48cbba10c7a/thumb_litcap.jpg" style="height:40px;width:40px;border:4px solid rgba(0,0,0,0);left:-4px;z-index:10;box-sizing:content-box;position:relative;border-radius:9999px;" width="40"></div><div style="display:flex; align-items:center;"><p style="left:8px;position:relative;font-family:'Helvetica',Arial,sans-serif;font-weight:normal;font-size:14px;color: 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target="_blank"><img alt="" style="margin:0 auto 0 auto;width:25%;border-radius:10px;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/423189b1-7d61-4020-8d63-6804752a9a9c/image.png?t=1721608702"></a></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Good Morning,</b></p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> A CrowdStrike glitch nearly crippled the global economy, Taleb's protege thinks the greatest bubble is at its peak, secondaries had a record H1, and Biden dropped out of the presidential race. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> ARK Venture Fund recently opened to all US investors, offering exposure to startups like SpaceX and OpenAI. Check out the <a class="link" href="https://www.ark-funds.com/portfolio/?utm_source=litquidity&amp;utm_medium=newsletter&amp;utm_campaign=venture_fund_ongoing&amp;utm_content=portfolio" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">full portfolio here</a> and <a class="link" href="https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity&amp;utm_medium=newsletter&amp;utm_campaign=venture_fund_ongoing&amp;utm_content=invest_today" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">see how you can invest today</a>. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> Let鈥檚 dive in. </p></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="before-the-bell" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Before The Bell</b></h1></div><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><img alt="" style="margin:0 auto 0 auto;width:100%;border-radius:10px;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4642c5e4-13a1-44b9-8f68-ebd8ae41dfd7/image.png?t=1721597502"><div style="margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;"><small style="color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;"><p>As of 07/19/2024 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 fell further on Friday as markets reacted to a global IT outage and prepared for Big Tech earnings this week </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;"> S&amp;P and Nasdaq posted their biggest weekly losses since April </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Nasdaq snapped a six-week win streak </p></li></ul></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Europe's Stoxx 600 lost 2% in its biggest weekly fall YTD&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Bitcoin hit a one-month high </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>American Express</b></span><span style="color:rgb(34, 34, 34);"> missed Q2 revenue estimates but beat on earnings and raised its FY profit forecast thanks to robust spending by wealthy customers (</span><a class="link" href="https://www.cnbc.com/2024/07/19/american-express-axp-q2-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);">)&nbsp;</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);">What we're watching this week:&nbsp;&nbsp;</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);">Tuesday: </span><span style="color:rgb(34, 34, 34);"><b>Tesla</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>Alphabet</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>Spotify</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>UPS</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>Visa</b></span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);">Wednesday: </span><span style="color:rgb(34, 34, 34);"><b>Chipotle</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>Ford</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>AT&amp;T</b></span><span style="color:rgb(34, 34, 34);">, </span><span style="color:rgb(34, 34, 34);"><b>IBM</b></span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);">Thursday: </span><span style="color:rgb(34, 34, 34);"><b>American Airlines</b></span></p></li></ul></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:rgb(34, 34, 34);">Full calendar </span><a class="link" href="https://finance.yahoo.com/calendar/earnings/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">here</a></p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="headline-roundup" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Headline Roundup</b></h1></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> A faulty CrowdStrike update caused the largest IT outage in history (<a class="link" href="https://www.cnbc.com/2024/07/19/latest-live-updates-on-a-major-it-outage-spreading-worldwide.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;"> Biden dropped out of the 2024 presidential race (<a class="link" href="https://apnews.com/article/biden-drops-out-2024-election-ddffde72838370032bdcff946cfc2ce6" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">AP</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> China cuts key short-term rate for the first time in a year (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-22/pboc-cuts-seven-day-reverse-repo-rate-to-1-7-to-support-economy?embedded-checkout=true" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Mark Spitznagel sees the 'greatest bubble' nearing its peak (<a class="link" href="https://www.wsj.com/finance/investing/greatest-bubble-nearing-its-peak-says-black-swan-manager-6f531740?mod=finance_feat1_hots_pos4" 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;"> Private market secondaries see record H1 as volumes surpass $70B (<a class="link" href="https://www.secondariesinvestor.com/secondaries-sees-record-first-half-as-volume-surpasses-70bn-evercore/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">SI</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Global equity funds saw a fourth-straight week of inflows (<a class="link" href="https://www.reuters.com/markets/global-markets-flows-graphic-2024-07-19/" 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;"> Chinese investors sold record amount of US stocks and bonds in May (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/chinese-investors-dump-record-amount-of-us-stocks-and-bonds?embedded-checkout=true" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Vanguard favors high-quality credit over high-yield counterparts (<a class="link" href="https://www.reuters.com/markets/us/vanguard-favors-high-quality-credit-us-economy-nears-turning-point-2024-07-19/" 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;"> US bond managers are steering clear of long-term US debt (<a class="link" href="https://www.reuters.com/markets/rates-bonds/big-us-bond-managers-steer-clear-long-dated-government-debt-2024-07-19/" 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;"> US regional banks boost credit loss provisions as CRE risks linger (<a class="link" href="https://www.reuters.com/business/finance/us-regional-banks-build-stronger-safety-nets-cre-pain-lingers-2024-07-19/" 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;"> US regulator found weak risk-management at half of large banks (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-21/secret-bank-ratings-show-us-regulator-s-concern-on-handling-risk?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;"> UK's finance minister may force pensions to pool $460B of assets (<a class="link" href="https://www.ft.com/content/bf0a97c7-5335-48e3-9156-414adc482892" 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;"> Hedge funds are pouring billions into the Turkish lira trade (<a class="link" href="https://www.ft.com/content/d93d22ff-0c46-4982-874e-0a0b156d140c" 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;"> Asian foreign reserves declined in H1 (<a class="link" href="https://www.reuters.com/markets/asia/asian-foreign-reserves-decline-2024-first-half-2024-07-19/" 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;"> Activist Elliott built a stake in Starbucks (<a class="link" href="https://www.reuters.com/business/retail-consumer/activist-investor-elliott-builds-sizeable-stake-starbucks-wsj-reports-2024-07-19/" 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;"> American borrowers are struggling with debt (<a class="link" href="https://www.wsj.com/finance/credit-card-debt-loans-high-interest-rates-8da11e83?mod=finance_lead_pos2" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">WSJ</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Apathetic employees are costing $1.9T in productivity (<a class="link" href="https://www.cnbc.com/2024/07/16/quiet-quitting-and-coffee-badging-why-employees-dont-want-to-work.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;"> Firms are dropping DEI targets amid pressure from conservatives (<a class="link" href="https://www.ft.com/content/63ac21a5-9929-4bc3-9089-03299f023bcd" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="a-message-from-ark-invest" style="padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;"><h2 style="color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;"><b>A Message From ARK Invest</b></h2></div><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><a href="https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity&amp;utm_medium=newsletter&amp;utm_campaign=venture_fund_ongoing&amp;utm_content=invest_today" rel="nofollow noopener noreferrer" style="text-decoration: none;" target="_blank"><img alt="" style="margin:0 auto 0 auto;width:100%;border-radius:10px;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/5ff584f6-ddb7-4f0b-8cd1-9466b94eb4c6/image.png?t=1721608693"></a></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> The ARK Venture Fund is taking an asset class once reserved for the accredited, ultra-rich and making it available to all US investors. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> ARK offers investment exposure to companies like <b>SpaceX</b>,<b> OpenAI</b>,<b> Anthropic</b>,<b> Databricks</b>, and more! <a class="link" href="https://www.ark-funds.com/portfolio/?utm_source=litquidity&amp;utm_medium=newsletter&amp;utm_campaign=venture_fund_ongoing&amp;utm_content=portfolio" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">See the portfolio here</a>. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> You can invest in the ARK Venture Fund (ARKVX) for as little as a $500 minimum initial investment. </p></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"> All US self-directed investors can download the SoFi or Titan app and invest in the ARK Venture Fund (ARKVX) now. </p></div><div style="padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;"><a target="_blank" rel="noopener nofollow noreferrer" href="https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity&amp;utm_medium=newsletter&amp;utm_campaign=venture_fund_ongoing&amp;utm_content=invest_today"><button style="background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;" type="button"> Learn more </button></a></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="deal-flow" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Deal Flow</b></h1></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>M&amp;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;"> Consumer goods giant <span style=""><b>Unilever</b></span><span style="">&nbsp;</span>began sales talks with <b>KKR</b>, <b>CVC</b>, <span style=""><b>Advent</b></span>, and<b>&nbsp;</b><span style=""><b>Cinven</b></span> for its $19.4B ice cream business (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/unilever-said-to-start-sale-talks-for-15-billion-ice-cream-unit" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)&nbsp;&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> PE firms including <b>CVC</b> are in talks to acquire $14.6B-listed UK pest control firm <span style=""><b>Rentokil Initial</b></span> (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-20/former-bt-ceo-in-talks-to-buy-rentokil-initial-the-sunday-times?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>KKR</b></span> emerged as the front-runner to acquire edtech <span style=""><b>Instructure </b></span>at a ~$4.7B valuation, including debt (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/kkr-emerges-as-front-runner-for-instructure-buyout" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Colombian driller <span style=""><b>EcoPetrol </b></span>is in talks to acquire a 30% stake in <span style=""><b>Occidental Petroleum</b></span>'s<span style=""><b>&nbsp;</b></span>recent <span style=""><b>CrownRock</b></span> acquisition for $3.6B (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/occidental-weighs-selling-ecopetrol-3-6-billion-permian-stake?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Blackstone</b></span> is considering selling its minority stake in UK outsourced marketing provider <span style=""><b>HH Global </b></span>at a $2.6B-$3.2B valuation (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/blackstone-said-to-weigh-stake-sale-in-marketing-firm-hh-global?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> PE firm<span style=""><b> Cinven</b></span> is in advanced talks to acquire a significant minority stake in Swedish health beverage maker <span style=""><b>Vitamin Well</b></span> at an over $2.2B valuation (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/cinven-said-in-talks-to-buy-stake-in-bridgepoint-s-vitamin-well?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>KKR</b></span><span style="">&nbsp;</span>is considering options for its 17% stake in Sweden-listed life sciences firm <span style=""><b>Biotage</b></span>, which has a $1.4B market cap (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/kkr-said-to-mull-options-for-stake-in-life-sciences-firm-biotage" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) <span style="">&nbsp;</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Investment firm <span style=""><b>RedBird IMI</b></span> received seven bids from firms including <span style=""><b>News UK </b></span>for <span style=""><b>The</b></span>&nbsp;<span style=""><b>Telegraph</b></span> newspaper and <span style=""><b>Spectator </b></span>magazine, which could fetch $775M (<a class="link" href="https://www.ft.com/content/410bd44f-806d-4b6d-aed1-3e6bbe499bce" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> $760M-listed diabetes device maker <span style=""><b>Embecta</b></span> is exploring a sale (<a class="link" href="https://www.ft.com/content/4aa65f0f-dcdf-4849-bd87-b81b23961fc1" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) <span style=""><b>&nbsp;</b></span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> State-owned <span style=""><b>China Three Gorges</b></span> is in talks to buy a Spanish renewables portfolio worth $218M from Portugal's <span style=""><b>GreenVolt </b></span>(<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/china-three-gorges-said-to-eye-greenvolt-energy-assets-in-spain?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>The Friedkin Group </b>abandoned plans to acquire a majority stake in <span style=""><b>Everton FC</b></span><span style="">&nbsp;</span>(<a class="link" href="https://www.reuters.com/sports/soccer/friedkin-group-pulls-out-plans-buy-majority-stake-everton-2024-07-19/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>)&nbsp; </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;"><span style=""><b>Saronic</b></span>, a leader in military ASVs, raised a $175M Series B at a $1B valuation led by <span style=""><b>a16z</b></span> (<a class="link" href="https://www.prnewswire.com/news-releases/saronic-raises-175-million-in-series-b-funding-valuing-company-at-1-billion-302201280.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">PRN</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Planned</b></span>, an end-to-end solution for travel and events, raised a $35M Series B led by <span style=""><b>Drive Capital</b></span> (<a class="link" href="https://www.finsmes.com/2024/07/planned-raises-35m-in-series-b-funding.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FN</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Aereo</b></span>, an Indian drone-based BI provider, raised a $15M Series B led by<b>&nbsp;</b><span style=""><b>360 ONE Asset</b></span> (<a class="link" href="https://www.prnewswire.com/news-releases/aereo-indias-leading-commercial-drone-solutions-startup-secures-15-million-in-series-b-funding-round-302201565.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">PRN</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Lumen</b></span>, a startup building smart glasses for the visually impaired, raised a $5.5M round from <span style=""><b>EIC</b></span><b>&nbsp;</b>and<b>&nbsp;</b><span style=""><b>Venture to Future Fund</b></span> (<a class="link" href="https://tech.eu/2024/07/19/lumen-raises-eur1m-in-a-day-on-for-smart-glasse/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">EU</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Truvius</b></span>, a startup empowering systematic investing for digital assets, raised a $3.2M round led by <span style=""><b>Galaxy Ventures</b></span><b>&nbsp;</b>(<a class="link" href="https://www.finsmes.com/2024/07/truvius-raises-3-2m-in-funding.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FN</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Pelotero</b></span>, a player intelligence platform for sport coaches, raised a $3M seed round led by <span style=""><b>Greg Ciongoli</b></span><b>&nbsp;</b>and<b>&nbsp;</b><span style=""><b>Bennett Fisher</b></span> (<a class="link" href="https://www.finsmes.com/2024/07/pelotero-raises-3m-in-seed-funding.html" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FN</a>) </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>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;"> Indian adtech <span style=""><b>InMobi </b></span>is planning a local IPO at a ~$10B valuation in 2025 (<a class="link" href="https://techcrunch.com/2024/07/17/inmobi-eyes-10-billion-valuation-in-2025-india-ipo/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">TC</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><b>Santander</b>-backed fintech <span style=""><b>Ebury</b></span> hired <span style=""><b>Goldman Sachs</b></span> to lead its planned $2.6B London IPO (<a class="link" href="https://www.ft.com/content/9ea312ff-4609-40cf-9b90-d89e5c615caf" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">FT</a>) </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Berkshire Hathaway</b></span><span style="">&nbsp;</span>offloaded ~$1.5B worth of <span style=""><b>Bank of America </b></span>shares (<a class="link" href="https://www.reuters.com/markets/us/berkshire-sells-around-148-bln-bank-america-shares-filing-shows-2024-07-20/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Indian mining giant <span style=""><b>Vedanta</b></span><span style="">&nbsp;</span>raised $1B via a QIP share offering (<a class="link" href="https://www.reuters.com/markets/deals/indias-vedanta-raised-1-bln-through-qip-share-offering-2024-07-21/" 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>Manycore</b></span>, a maker of 3D design software, is preparing to file for a $200M Hong Kong IPO as soon as this year (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/manycore-tech-said-to-file-for-200-million-hong-kong-ipo-this-year?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Artiva Biotherapeutics</b></span>'<span style="">&nbsp;</span>shares closed flat in its trading debut after its expanded $167M IPO (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/artiva-shares-increase-30-after-upsized-167-million-us-ipo?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) <span style="">&nbsp;</span></p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> PE firm <span style=""><b>Mid Europa Partners </b></span>selected <span style=""><b>Citigroup </b></span>and <span style=""><b>Jefferies </b></span>to arrange a Warsaw IPO of medical diagnostic firm<span style=""><b> Diagnostyka </b></span>(<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/mid-europa-is-said-to-pick-citi-jefferies-for-medical-firm-ipo?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Debt</b></p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>TC Energy</b></span>'s liquids pipeline spinoff<span style=""><b> South Bow </b></span>is preparing to sell ~$5.8B of debt (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/tc-energy-s-south-bow-spinoff-readies-c-7-9-billion-debt-sale" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Banks and private credit firms are in talks to lend $1.1B to fund <span style=""><b>CD&amp;R</b></span> and <span style=""><b>Permira</b></span>'s potential $2.4B LBO of French cybersecurity firm <span style=""><b>Exclusive Networks </b></span>(<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/private-credit-banks-compete-to-fund-exclusive-networks-buyout?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Occidental Petroleum </b></span>is planning a bond sale to help fund its planned acquisition of <span style=""><b>CrownRock </b></span>(<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-19/occidental-petroleum-planning-to-sell-bonds-in-up-to-five-parts" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>) </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Bankruptcy / Restructuring</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;"> Saudi Arabia鈥檚 <span style=""><b>PIF </b></span>offered to buy a 40% stake UK department store <span style=""><b>Selfridges </b></span>from insolvent co-owner <span style=""><b>Signa </b></span>for $1.3M (<a class="link" href="https://www.bloomberg.com/news/articles/2024-07-20/saudi-wealth-fund-offers-to-boost-its-stake-in-selfridges-to-50?srnd=phx-deals" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">BBG</a>)&nbsp; </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style=""><b>Porsche</b></span> is in talks to acquire a stake German battery maker <span style=""><b>Varta</b></span> in a restructuring (<a class="link" href="https://www.reuters.com/markets/deals/porsche-mulls-taking-minority-stake-varta-faz-reports-2024-07-21/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">RT</a>) </p></li></ul></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>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;"> PE firm<span style=""><b> Bregal Sagemount</b></span> closed its debut small-cap fund at $500M (<a class="link" href="https://www.wsj.com/articles/bregal-sagemount-closes-first-small-cap-fund-5bc38a18?tpl=pe&amp;mod=hp_major_fund_news_pos1" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">WSJ</a>)&nbsp; </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;"><span style=""><b>WazirX </b></span>and<span style=""><b> Liminal Custody</b></span> blame each other for the $230M crypto hack (<a class="link" href="https://www.coindesk.com/business/2024/07/19/wazirx-liminal-custody-blame-each-other-as-230m-crypto-exploit-leaves-customers-stranded/" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">CD</a>) </p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="execs-picks" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>Exec鈥檚 Picks</b></h1></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"><span style="color:inherit;"><a class="link" href="https://monetary-metals.com/earn-interest-on-gold/?utm_source=execsum-ad&amp;utm_medium=email&amp;utm_campaign=execsum" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;"><b>Earn 5% on gold, paid in gold</b></a></span><span style="color:inherit;">.</span>&nbsp;Monetary Metals pays a yield on gold and silver, and they've done it for 8 years. <span style="color:inherit;">Click </span><span style="color:inherit;"><a class="link" href="https://monetary-metals.com/earn-interest-on-gold/?utm_source=execsum-ad&amp;utm_medium=email&amp;utm_campaign=execsum" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">here</a></span><span style="color:inherit;"> to learn more about their latest opportunity</span>. </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> FT covered the curious case of <a class="link" href="https://www.ft.com/content/398fde10-6e63-4b01-b834-1897d6265dcd" target="_blank" style="-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;">the young investors gambling on Indian stocks</a>. </p></li></ul></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;"></div></div><div id="new-opportunity-growth-equity" style="padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;"><h1 style="color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;"><b>New Opportunity - Growth Equity</b></h1></div><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><a href="https://www.litneypartners.com/" rel="nofollow noopener noreferrer" style="text-decoration: none;" target="_blank"><img alt="" style="margin:0 auto 0 auto;width:100%;border-radius:15px 15px 15px 15px;border-style:solid;border-width:2px 2px 2px 2px;box-sizing:border-box;border-color:#001585;" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cf2f9ea-4e4c-4b4a-a9e4-c11a1476c89a/litney_partners.png?t=1718914436"></a></div><style> p span[style*="font-size"] { line-height: 1.6; } </style><div style="padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;"><p style="color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;"><b>Smash Capital</b> - Growth Equity Investor, Immediate Start, NYC or LA </p></div><div style="padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;"><ul style="color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;"><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Venture capital firm with over $1.5B in AUM is hiring growth equity investors for immediate start in NYC and LA </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> The firm invests in technology companies across enterprise software, consumer internet, gaming, financial services, healthcare, and commerce </p></li><li style="margin:5px 0px 0px 0px;"><p style="text-align:left;"> Seeking experienced growth equity investors, with at least two years of experience from a top management consulting firm or investment bank and at least two years of software-focused buy side experience in growth equity, VC, or private equity </p></li></ul></div><div style="padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;"><a target="_blank" rel="noopener nofollow noreferrer" href="https://www.litneypartners.com/search/smash-capital-ny-la-growth-equity-investor-2024-jul"><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 Now </button></a></div><div style="padding: 18px 0;"><div style="margin: 0 auto; border-top: 1px solid #E5E5E5; 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src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/423189b1-7d61-4020-8d63-6804752a9a9c/image.png?t=1721608702\"/\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 A CrowdStrike glitch nearly crippled the global economy, Taleb\u0026#39;s protege thinks the greatest bubble is at its peak, secondaries had a record H1, and Biden dropped out of the presidential race. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK Venture Fund recently opened to all US investors, offering exposure to startups like SpaceX and OpenAI. Check out the \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026utm_medium=newsletter\u0026utm_campaign=venture_fund_ongoing\u0026utm_content=portfolio\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003efull portfolio here\u003c/a\u003e and \u003ca class=\"link\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026utm_medium=newsletter\u0026utm_campaign=venture_fund_ongoing\u0026utm_content=invest_today\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003esee how you can invest today\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Let鈥檚 dive in. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"before-the-bell\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eBefore The Bell\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4642c5e4-13a1-44b9-8f68-ebd8ae41dfd7/image.png?t=1721597502\"/\u003e\u003cdiv style=\"margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;\"\u003e\u003csmall style=\"color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;\"\u003e\u003cp\u003eAs of 07/19/2024 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 fell further on Friday as markets reacted to a global IT outage and prepared for Big Tech earnings this week \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 S\u0026P and Nasdaq posted their biggest weekly losses since April \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Nasdaq snapped a six-week win streak \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 Europe\u0026#39;s Stoxx 600 lost 2% in its biggest weekly fall YTD聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Bitcoin hit a one-month high \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\u003eAmerican Express\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e missed Q2 revenue estimates but beat on earnings and raised its FY profit forecast thanks to robust spending by wealthy customers (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/19/american-express-axp-q2-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)聽\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eWhat we\u0026#39;re watching this week:聽聽\u003c/span\u003e\u003c/p\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin-left:25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eTuesday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eTesla\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\u003eAlphabet\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\u003eSpotify\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\u003eUPS\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\u003eVisa\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eWednesday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eChipotle\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\u003eFord\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\u003eAT\u0026T\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\u003eIBM\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eThursday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eAmerican Airlines\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFull calendar \u003c/span\u003e\u003ca class=\"link\" href=\"https://finance.yahoo.com/calendar/earnings/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehere\u003c/a\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"headline-roundup\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eHeadline Roundup\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A faulty CrowdStrike update caused the largest IT outage in history (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/19/latest-live-updates-on-a-major-it-outage-spreading-worldwide.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 Biden dropped out of the 2024 presidential race (\u003ca class=\"link\" href=\"https://apnews.com/article/biden-drops-out-2024-election-ddffde72838370032bdcff946cfc2ce6\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eAP\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e China cuts key short-term rate for the first time in a year (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-22/pboc-cuts-seven-day-reverse-repo-rate-to-1-7-to-support-economy?embedded-checkout=true\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Mark Spitznagel sees the \u0026#39;greatest bubble\u0026#39; nearing its peak (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/investing/greatest-bubble-nearing-its-peak-says-black-swan-manager-6f531740?mod=finance_feat1_hots_pos4\" 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 Private market secondaries see record H1 as volumes surpass $70B (\u003ca class=\"link\" href=\"https://www.secondariesinvestor.com/secondaries-sees-record-first-half-as-volume-surpasses-70bn-evercore/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSI\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Global equity funds saw a fourth-straight week of inflows (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/global-markets-flows-graphic-2024-07-19/\" 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 Chinese investors sold record amount of US stocks and bonds in May (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/chinese-investors-dump-record-amount-of-us-stocks-and-bonds?embedded-checkout=true\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Vanguard favors high-quality credit over high-yield counterparts (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/vanguard-favors-high-quality-credit-us-economy-nears-turning-point-2024-07-19/\" 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 US bond managers are steering clear of long-term US debt (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/rates-bonds/big-us-bond-managers-steer-clear-long-dated-government-debt-2024-07-19/\" 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 US regional banks boost credit loss provisions as CRE risks linger (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/us-regional-banks-build-stronger-safety-nets-cre-pain-lingers-2024-07-19/\" 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 US regulator found weak risk-management at half of large banks (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-21/secret-bank-ratings-show-us-regulator-s-concern-on-handling-risk?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 UK\u0026#39;s finance minister may force pensions to pool $460B of assets (\u003ca class=\"link\" href=\"https://www.ft.com/content/bf0a97c7-5335-48e3-9156-414adc482892\" 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 Hedge funds are pouring billions into the Turkish lira trade (\u003ca class=\"link\" href=\"https://www.ft.com/content/d93d22ff-0c46-4982-874e-0a0b156d140c\" 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 Asian foreign reserves declined in H1 (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/asia/asian-foreign-reserves-decline-2024-first-half-2024-07-19/\" 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 Activist Elliott built a stake in Starbucks (\u003ca class=\"link\" href=\"https://www.reuters.com/business/retail-consumer/activist-investor-elliott-builds-sizeable-stake-starbucks-wsj-reports-2024-07-19/\" 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 American borrowers are struggling with debt (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/credit-card-debt-loans-high-interest-rates-8da11e83?mod=finance_lead_pos2\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Apathetic employees are costing $1.9T in productivity (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/16/quiet-quitting-and-coffee-badging-why-employees-dont-want-to-work.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 Firms are dropping DEI targets amid pressure from conservatives (\u003ca class=\"link\" href=\"https://www.ft.com/content/63ac21a5-9929-4bc3-9089-03299f023bcd\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"a-message-from-ark-invest\" style=\"padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch2 style=\"color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;\"\u003e\u003cb\u003eA Message From ARK Invest\u003c/b\u003e\u003c/h2\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026utm_medium=newsletter\u0026utm_campaign=venture_fund_ongoing\u0026utm_content=invest_today\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/5ff584f6-ddb7-4f0b-8cd1-9466b94eb4c6/image.png?t=1721608693\"/\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e The ARK Venture Fund is taking an asset class once reserved for the accredited, ultra-rich and making it available to all US investors. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK offers investment exposure to companies like \u003cb\u003eSpaceX\u003c/b\u003e,\u003cb\u003e OpenAI\u003c/b\u003e,\u003cb\u003e Anthropic\u003c/b\u003e,\u003cb\u003e Databricks\u003c/b\u003e, and more! \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026utm_medium=newsletter\u0026utm_campaign=venture_fund_ongoing\u0026utm_content=portfolio\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSee the portfolio here\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e You can invest in the ARK Venture Fund (ARKVX) for as little as a $500 minimum initial investment. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e All US self-directed investors can download the SoFi or Titan app and invest in the ARK Venture Fund (ARKVX) now. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026utm_medium=newsletter\u0026utm_campaign=venture_fund_ongoing\u0026utm_content=invest_today\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e Learn more \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"deal-flow\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eDeal Flow\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eM\u0026A / Investments\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Consumer goods giant \u003cspan style=\"\"\u003e\u003cb\u003eUnilever\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e聽\u003c/span\u003ebegan sales talks with \u003cb\u003eKKR\u003c/b\u003e, \u003cb\u003eCVC\u003c/b\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eAdvent\u003c/b\u003e\u003c/span\u003e, and\u003cb\u003e聽\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCinven\u003c/b\u003e\u003c/span\u003e for its $19.4B ice cream business (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/unilever-said-to-start-sale-talks-for-15-billion-ice-cream-unit\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firms including \u003cb\u003eCVC\u003c/b\u003e are in talks to acquire $14.6B-listed UK pest control firm \u003cspan style=\"\"\u003e\u003cb\u003eRentokil Initial\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-20/former-bt-ceo-in-talks-to-buy-rentokil-initial-the-sunday-times?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003e emerged as the front-runner to acquire edtech \u003cspan style=\"\"\u003e\u003cb\u003eInstructure \u003c/b\u003e\u003c/span\u003eat a ~$4.7B valuation, including debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/kkr-emerges-as-front-runner-for-instructure-buyout\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Colombian driller \u003cspan style=\"\"\u003e\u003cb\u003eEcoPetrol \u003c/b\u003e\u003c/span\u003eis in talks to acquire a 30% stake in \u003cspan style=\"\"\u003e\u003cb\u003eOccidental Petroleum\u003c/b\u003e\u003c/span\u003e\u0026#39;s\u003cspan style=\"\"\u003e\u003cb\u003e聽\u003c/b\u003e\u003c/span\u003erecent \u003cspan style=\"\"\u003e\u003cb\u003eCrownRock\u003c/b\u003e\u003c/span\u003e acquisition for $3.6B (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/occidental-weighs-selling-ecopetrol-3-6-billion-permian-stake?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone\u003c/b\u003e\u003c/span\u003e is considering selling its minority stake in UK outsourced marketing provider \u003cspan style=\"\"\u003e\u003cb\u003eHH Global \u003c/b\u003e\u003c/span\u003eat a $2.6B-$3.2B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/blackstone-said-to-weigh-stake-sale-in-marketing-firm-hh-global?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firm\u003cspan style=\"\"\u003e\u003cb\u003e Cinven\u003c/b\u003e\u003c/span\u003e is in advanced talks to acquire a significant minority stake in Swedish health beverage maker \u003cspan style=\"\"\u003e\u003cb\u003eVitamin Well\u003c/b\u003e\u003c/span\u003e at an over $2.2B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/cinven-said-in-talks-to-buy-stake-in-bridgepoint-s-vitamin-well?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e聽\u003c/span\u003eis considering options for its 17% stake in Sweden-listed life sciences firm \u003cspan style=\"\"\u003e\u003cb\u003eBiotage\u003c/b\u003e\u003c/span\u003e, which has a $1.4B market cap (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/kkr-said-to-mull-options-for-stake-in-life-sciences-firm-biotage\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003cspan style=\"\"\u003e聽\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Investment firm \u003cspan style=\"\"\u003e\u003cb\u003eRedBird IMI\u003c/b\u003e\u003c/span\u003e received seven bids from firms including \u003cspan style=\"\"\u003e\u003cb\u003eNews UK \u003c/b\u003e\u003c/span\u003efor \u003cspan style=\"\"\u003e\u003cb\u003eThe\u003c/b\u003e\u003c/span\u003e聽\u003cspan style=\"\"\u003e\u003cb\u003eTelegraph\u003c/b\u003e\u003c/span\u003e newspaper and \u003cspan style=\"\"\u003e\u003cb\u003eSpectator \u003c/b\u003e\u003c/span\u003emagazine, which could fetch $775M (\u003ca class=\"link\" href=\"https://www.ft.com/content/410bd44f-806d-4b6d-aed1-3e6bbe499bce\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e $760M-listed diabetes device maker \u003cspan style=\"\"\u003e\u003cb\u003eEmbecta\u003c/b\u003e\u003c/span\u003e is exploring a sale (\u003ca class=\"link\" href=\"https://www.ft.com/content/4aa65f0f-dcdf-4849-bd87-b81b23961fc1\" 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) \u003cspan style=\"\"\u003e\u003cb\u003e聽\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e State-owned \u003cspan style=\"\"\u003e\u003cb\u003eChina Three Gorges\u003c/b\u003e\u003c/span\u003e is in talks to buy a Spanish renewables portfolio worth $218M from Portugal\u0026#39;s \u003cspan style=\"\"\u003e\u003cb\u003eGreenVolt \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/china-three-gorges-said-to-eye-greenvolt-energy-assets-in-spain?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eThe Friedkin Group \u003c/b\u003eabandoned plans to acquire a majority stake in \u003cspan style=\"\"\u003e\u003cb\u003eEverton FC\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e聽\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.reuters.com/sports/soccer/friedkin-group-pulls-out-plans-buy-majority-stake-everton-2024-07-19/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eVC\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSaronic\u003c/b\u003e\u003c/span\u003e, a leader in military ASVs, raised a $175M Series B at a $1B valuation led by \u003cspan style=\"\"\u003e\u003cb\u003ea16z\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/saronic-raises-175-million-in-series-b-funding-valuing-company-at-1-billion-302201280.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003ePlanned\u003c/b\u003e\u003c/span\u003e, an end-to-end solution for travel and events, raised a $35M Series B led by \u003cspan style=\"\"\u003e\u003cb\u003eDrive Capital\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/planned-raises-35m-in-series-b-funding.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAereo\u003c/b\u003e\u003c/span\u003e, an Indian drone-based BI provider, raised a $15M Series B led by\u003cb\u003e聽\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003e360 ONE Asset\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/aereo-indias-leading-commercial-drone-solutions-startup-secures-15-million-in-series-b-funding-round-302201565.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eLumen\u003c/b\u003e\u003c/span\u003e, a startup building smart glasses for the visually impaired, raised a $5.5M round from \u003cspan style=\"\"\u003e\u003cb\u003eEIC\u003c/b\u003e\u003c/span\u003e\u003cb\u003e聽\u003c/b\u003eand\u003cb\u003e聽\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003eVenture to Future Fund\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://tech.eu/2024/07/19/lumen-raises-eur1m-in-a-day-on-for-smart-glasse/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\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\u003eTruvius\u003c/b\u003e\u003c/span\u003e, a startup empowering systematic investing for digital assets, raised a $3.2M round led by \u003cspan style=\"\"\u003e\u003cb\u003eGalaxy Ventures\u003c/b\u003e\u003c/span\u003e\u003cb\u003e聽\u003c/b\u003e(\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/truvius-raises-3-2m-in-funding.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003ePelotero\u003c/b\u003e\u003c/span\u003e, a player intelligence platform for sport coaches, raised a $3M seed round led by \u003cspan style=\"\"\u003e\u003cb\u003eGreg Ciongoli\u003c/b\u003e\u003c/span\u003e\u003cb\u003e聽\u003c/b\u003eand\u003cb\u003e聽\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBennett Fisher\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/pelotero-raises-3m-in-seed-funding.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e) \u003c/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 Indian adtech \u003cspan style=\"\"\u003e\u003cb\u003eInMobi \u003c/b\u003e\u003c/span\u003eis planning a local IPO at a ~$10B valuation in 2025 (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/inmobi-eyes-10-billion-valuation-in-2025-india-ipo/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eSantander\u003c/b\u003e-backed fintech \u003cspan style=\"\"\u003e\u003cb\u003eEbury\u003c/b\u003e\u003c/span\u003e hired \u003cspan style=\"\"\u003e\u003cb\u003eGoldman Sachs\u003c/b\u003e\u003c/span\u003e to lead its planned $2.6B London IPO (\u003ca class=\"link\" href=\"https://www.ft.com/content/9ea312ff-4609-40cf-9b90-d89e5c615caf\" 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\u003cspan style=\"\"\u003e\u003cb\u003eBerkshire Hathaway\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e聽\u003c/span\u003eoffloaded ~$1.5B worth of \u003cspan style=\"\"\u003e\u003cb\u003eBank of America \u003c/b\u003e\u003c/span\u003eshares (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/berkshire-sells-around-148-bln-bank-america-shares-filing-shows-2024-07-20/\" 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)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Indian mining giant \u003cspan style=\"\"\u003e\u003cb\u003eVedanta\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e聽\u003c/span\u003eraised $1B via a QIP share offering (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/indias-vedanta-raised-1-bln-through-qip-share-offering-2024-07-21/\" 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\u003eManycore\u003c/b\u003e\u003c/span\u003e, a maker of 3D design software, is preparing to file for a $200M Hong Kong IPO as soon as this year (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/manycore-tech-said-to-file-for-200-million-hong-kong-ipo-this-year?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eArtiva Biotherapeutics\u003c/b\u003e\u003c/span\u003e\u0026#39;\u003cspan style=\"\"\u003e聽\u003c/span\u003eshares closed flat in its trading debut after its expanded $167M IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/artiva-shares-increase-30-after-upsized-167-million-us-ipo?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003cspan style=\"\"\u003e聽\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firm \u003cspan style=\"\"\u003e\u003cb\u003eMid Europa Partners \u003c/b\u003e\u003c/span\u003eselected \u003cspan style=\"\"\u003e\u003cb\u003eCitigroup \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eJefferies \u003c/b\u003e\u003c/span\u003eto arrange a Warsaw IPO of medical diagnostic firm\u003cspan style=\"\"\u003e\u003cb\u003e Diagnostyka \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/mid-europa-is-said-to-pick-citi-jefferies-for-medical-firm-ipo?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\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eDebt\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eTC Energy\u003c/b\u003e\u003c/span\u003e\u0026#39;s liquids pipeline spinoff\u003cspan style=\"\"\u003e\u003cb\u003e South Bow \u003c/b\u003e\u003c/span\u003eis preparing to sell ~$5.8B of debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/tc-energy-s-south-bow-spinoff-readies-c-7-9-billion-debt-sale\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Banks and private credit firms are in talks to lend $1.1B to fund \u003cspan style=\"\"\u003e\u003cb\u003eCD\u0026R\u003c/b\u003e\u003c/span\u003e and \u003cspan style=\"\"\u003e\u003cb\u003ePermira\u003c/b\u003e\u003c/span\u003e\u0026#39;s potential $2.4B LBO of French cybersecurity firm \u003cspan style=\"\"\u003e\u003cb\u003eExclusive Networks \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/private-credit-banks-compete-to-fund-exclusive-networks-buyout?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eOccidental Petroleum \u003c/b\u003e\u003c/span\u003eis planning a bond sale to help fund its planned acquisition of \u003cspan style=\"\"\u003e\u003cb\u003eCrownRock \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/occidental-petroleum-planning-to-sell-bonds-in-up-to-five-parts\" 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\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eBankruptcy / Restructuring\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 Saudi Arabia鈥檚 \u003cspan style=\"\"\u003e\u003cb\u003ePIF \u003c/b\u003e\u003c/span\u003eoffered to buy a 40% stake UK department store \u003cspan style=\"\"\u003e\u003cb\u003eSelfridges \u003c/b\u003e\u003c/span\u003efrom insolvent co-owner \u003cspan style=\"\"\u003e\u003cb\u003eSigna \u003c/b\u003e\u003c/span\u003efor $1.3M (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-20/saudi-wealth-fund-offers-to-boost-its-stake-in-selfridges-to-50?srnd=phx-deals\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003ePorsche\u003c/b\u003e\u003c/span\u003e is in talks to acquire a stake German battery maker \u003cspan style=\"\"\u003e\u003cb\u003eVarta\u003c/b\u003e\u003c/span\u003e in a restructuring (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/porsche-mulls-taking-minority-stake-varta-faz-reports-2024-07-21/\" 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\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 PE firm\u003cspan style=\"\"\u003e\u003cb\u003e Bregal Sagemount\u003c/b\u003e\u003c/span\u003e closed its debut small-cap fund at $500M (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/bregal-sagemount-closes-first-small-cap-fund-5bc38a18?tpl=pe\u0026mod=hp_major_fund_news_pos1\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e)聽 \u003c/p\u003e\u003c/li\u003e\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\u003cspan style=\"\"\u003e\u003cb\u003eWazirX \u003c/b\u003e\u003c/span\u003eand\u003cspan style=\"\"\u003e\u003cb\u003e Liminal Custody\u003c/b\u003e\u003c/span\u003e blame each other for the $230M crypto hack (\u003ca class=\"link\" href=\"https://www.coindesk.com/business/2024/07/19/wazirx-liminal-custody-blame-each-other-as-230m-crypto-exploit-leaves-customers-stranded/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCD\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"execs-picks\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eExec鈥檚 Picks\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:inherit;\"\u003e\u003ca class=\"link\" href=\"https://monetary-metals.com/earn-interest-on-gold/?utm_source=execsum-ad\u0026utm_medium=email\u0026utm_campaign=execsum\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e\u003cb\u003eEarn 5% on gold, paid in gold\u003c/b\u003e\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"color:inherit;\"\u003e.\u003c/span\u003e聽Monetary Metals pays a yield on gold and silver, and they\u0026#39;ve done it for 8 years. \u003cspan style=\"color:inherit;\"\u003eClick \u003c/span\u003e\u003cspan style=\"color:inherit;\"\u003e\u003ca class=\"link\" href=\"https://monetary-metals.com/earn-interest-on-gold/?utm_source=execsum-ad\u0026utm_medium=email\u0026utm_campaign=execsum\" 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/span\u003e\u003cspan style=\"color:inherit;\"\u003e to learn more about their latest opportunity\u003c/span\u003e. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e FT covered the curious case of \u003ca class=\"link\" href=\"https://www.ft.com/content/398fde10-6e63-4b01-b834-1897d6265dcd\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ethe young investors gambling on Indian stocks\u003c/a\u003e. \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"new-opportunity-growth-equity\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eNew Opportunity - Growth Equity\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.litneypartners.com/\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:15px 15px 15px 15px;border-style:solid;border-width:2px 2px 2px 2px;box-sizing:border-box;border-color:#001585;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cf2f9ea-4e4c-4b4a-a9e4-c11a1476c89a/litney_partners.png?t=1718914436\"/\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eSmash Capital\u003c/b\u003e - Growth Equity Investor, Immediate Start, NYC or LA \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Venture capital firm with over $1.5B in AUM is hiring growth equity investors for immediate start in NYC and LA \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e The firm invests in technology companies across enterprise software, consumer internet, gaming, financial services, healthcare, and commerce \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Seeking experienced growth equity investors, with at least two years of experience from a top management consulting firm or investment bank and at least two years of software-focused buy side experience in growth equity, VC, or private equity \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.litneypartners.com/search/smash-capital-ny-la-growth-equity-investor-2024-jul\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e Apply Now \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"meme-cleanser\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 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style=\"font-size: 20px; font-family:'Helvetica',Arial,sans-serif; line-height: 1.75rem; padding-bottom: 20px; color: #8A8A8A; font-weight: 400;\"\u003eA CrowdStrike glitch nearly crippled the global economy, Taleb's protege thinks the greatest bubble is at its peak, secondaries had a record H1, and Biden dropped out of the presidential race. \u003c/h2\u003e\u003cdiv class=\"bh__byline_wrapper\"\u003e\u003cdiv\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cdiv style=\"display:flex; flex-direction:row; justify-content:flex-start;\"\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cimg alt=\"Author\" height=\"40\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/user/profile_picture/2e8f4f5d-5856-4463-ad71-a48cbba10c7a/thumb_litcap.jpg\" style=\"height:40px;width:40px;border:4px solid rgba(0,0,0,0);left:-4px;z-index:10;box-sizing:content-box;position:relative;border-radius:9999px;\" width=\"40\"\u003e\u003c/div\u003e\u003cdiv 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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%2Fbuhbye-biden\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 211 211\" width=\"100%\" xmlns=\"http://www.w3.org/2000/svg\"\u003e\u003ccircle cx=\"105.5\" cy=\"105.5\" fill-opacity=\"0.15\" fill=\"#9CA3AF\" r=\"105.5\"\u003e\u003c/circle\u003e\u003cpath d=\"M82.1892 75.4698C82.1892 80.1362 78.526 83.8026 73.8638 83.8026C69.2015 83.8026 65.5383 80.1362 65.5383 75.4698C65.5383 70.8034 69.2015 67.137 73.8638 67.137C78.526 67.137 82.1892 70.8034 82.1892 75.4698ZM82.1892 90.4689H65.5383V143.799H82.1892V90.4689ZM108.831 90.4689H92.1797V143.799H108.831V115.801C108.831 100.135 128.812 98.8017 128.812 115.801V143.799H145.463V110.134C145.463 83.8026 115.824 84.8026 108.831 97.8018V90.4689Z\" fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"content-blocks\"\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:center;\"\u003e\u003cb\u003eTogether with\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:25%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/423189b1-7d61-4020-8d63-6804752a9a9c/image.png?t=1721608702\"\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 A CrowdStrike glitch nearly crippled the global economy, Taleb's protege thinks the greatest bubble is at its peak, secondaries had a record H1, and Biden dropped out of the presidential race. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK Venture Fund recently opened to all US investors, offering exposure to startups like SpaceX and OpenAI. Check out the \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=portfolio\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003efull portfolio here\u003c/a\u003e and \u003ca class=\"link\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003esee how you can invest today\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Let鈥檚 dive in. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"before-the-bell\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eBefore The Bell\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4642c5e4-13a1-44b9-8f68-ebd8ae41dfd7/image.png?t=1721597502\"\u003e\u003cdiv style=\"margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;\"\u003e\u003csmall style=\"color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;\"\u003e\u003cp\u003eAs of 07/19/2024 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 fell further on Friday as markets reacted to a global IT outage and prepared for Big Tech earnings this week \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 S\u0026amp;P and Nasdaq posted their biggest weekly losses since April \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Nasdaq snapped a six-week win streak \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 Europe's Stoxx 600 lost 2% in its biggest weekly fall YTD\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Bitcoin hit a one-month high \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\u003eAmerican Express\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e missed Q2 revenue estimates but beat on earnings and raised its FY profit forecast thanks to robust spending by wealthy customers (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/19/american-express-axp-q2-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=\"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);\"\u003eTuesday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eTesla\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\u003eAlphabet\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\u003eSpotify\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\u003eUPS\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\u003eVisa\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eWednesday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eChipotle\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\u003eFord\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\u003eAT\u0026amp;T\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\u003eIBM\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eThursday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eAmerican Airlines\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFull calendar \u003c/span\u003e\u003ca class=\"link\" href=\"https://finance.yahoo.com/calendar/earnings/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehere\u003c/a\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"headline-roundup\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eHeadline Roundup\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A faulty CrowdStrike update caused the largest IT outage in history (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/19/latest-live-updates-on-a-major-it-outage-spreading-worldwide.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 Biden dropped out of the 2024 presidential race (\u003ca class=\"link\" href=\"https://apnews.com/article/biden-drops-out-2024-election-ddffde72838370032bdcff946cfc2ce6\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eAP\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e China cuts key short-term rate for the first time in a year (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-22/pboc-cuts-seven-day-reverse-repo-rate-to-1-7-to-support-economy?embedded-checkout=true\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Mark Spitznagel sees the 'greatest bubble' nearing its peak (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/investing/greatest-bubble-nearing-its-peak-says-black-swan-manager-6f531740?mod=finance_feat1_hots_pos4\" 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 Private market secondaries see record H1 as volumes surpass $70B (\u003ca class=\"link\" href=\"https://www.secondariesinvestor.com/secondaries-sees-record-first-half-as-volume-surpasses-70bn-evercore/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSI\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Global equity funds saw a fourth-straight week of inflows (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/global-markets-flows-graphic-2024-07-19/\" 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 Chinese investors sold record amount of US stocks and bonds in May (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/chinese-investors-dump-record-amount-of-us-stocks-and-bonds?embedded-checkout=true\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Vanguard favors high-quality credit over high-yield counterparts (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/vanguard-favors-high-quality-credit-us-economy-nears-turning-point-2024-07-19/\" 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 US bond managers are steering clear of long-term US debt (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/rates-bonds/big-us-bond-managers-steer-clear-long-dated-government-debt-2024-07-19/\" 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 US regional banks boost credit loss provisions as CRE risks linger (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/us-regional-banks-build-stronger-safety-nets-cre-pain-lingers-2024-07-19/\" 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 US regulator found weak risk-management at half of large banks (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-21/secret-bank-ratings-show-us-regulator-s-concern-on-handling-risk?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 UK's finance minister may force pensions to pool $460B of assets (\u003ca class=\"link\" href=\"https://www.ft.com/content/bf0a97c7-5335-48e3-9156-414adc482892\" 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 Hedge funds are pouring billions into the Turkish lira trade (\u003ca class=\"link\" href=\"https://www.ft.com/content/d93d22ff-0c46-4982-874e-0a0b156d140c\" 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 Asian foreign reserves declined in H1 (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/asia/asian-foreign-reserves-decline-2024-first-half-2024-07-19/\" 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 Activist Elliott built a stake in Starbucks (\u003ca class=\"link\" href=\"https://www.reuters.com/business/retail-consumer/activist-investor-elliott-builds-sizeable-stake-starbucks-wsj-reports-2024-07-19/\" 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 American borrowers are struggling with debt (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/credit-card-debt-loans-high-interest-rates-8da11e83?mod=finance_lead_pos2\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Apathetic employees are costing $1.9T in productivity (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/16/quiet-quitting-and-coffee-badging-why-employees-dont-want-to-work.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 Firms are dropping DEI targets amid pressure from conservatives (\u003ca class=\"link\" href=\"https://www.ft.com/content/63ac21a5-9929-4bc3-9089-03299f023bcd\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"a-message-from-ark-invest\" style=\"padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch2 style=\"color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;\"\u003e\u003cb\u003eA Message From ARK Invest\u003c/b\u003e\u003c/h2\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/5ff584f6-ddb7-4f0b-8cd1-9466b94eb4c6/image.png?t=1721608693\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e The ARK Venture Fund is taking an asset class once reserved for the accredited, ultra-rich and making it available to all US investors. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK offers investment exposure to companies like \u003cb\u003eSpaceX\u003c/b\u003e,\u003cb\u003e OpenAI\u003c/b\u003e,\u003cb\u003e Anthropic\u003c/b\u003e,\u003cb\u003e Databricks\u003c/b\u003e, and more! \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=portfolio\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSee the portfolio here\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e You can invest in the ARK Venture Fund (ARKVX) for as little as a $500 minimum initial investment. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e All US self-directed investors can download the SoFi or Titan app and invest in the ARK Venture Fund (ARKVX) now. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e Learn more \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"deal-flow\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eDeal Flow\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eM\u0026amp;A / Investments\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Consumer goods giant \u003cspan style=\"\"\u003e\u003cb\u003eUnilever\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003ebegan sales talks with \u003cb\u003eKKR\u003c/b\u003e, \u003cb\u003eCVC\u003c/b\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eAdvent\u003c/b\u003e\u003c/span\u003e, and\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCinven\u003c/b\u003e\u003c/span\u003e for its $19.4B ice cream business (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/unilever-said-to-start-sale-talks-for-15-billion-ice-cream-unit\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp;\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firms including \u003cb\u003eCVC\u003c/b\u003e are in talks to acquire $14.6B-listed UK pest control firm \u003cspan style=\"\"\u003e\u003cb\u003eRentokil Initial\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-20/former-bt-ceo-in-talks-to-buy-rentokil-initial-the-sunday-times?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003e emerged as the front-runner to acquire edtech \u003cspan style=\"\"\u003e\u003cb\u003eInstructure \u003c/b\u003e\u003c/span\u003eat a ~$4.7B valuation, including debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/kkr-emerges-as-front-runner-for-instructure-buyout\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Colombian driller \u003cspan style=\"\"\u003e\u003cb\u003eEcoPetrol \u003c/b\u003e\u003c/span\u003eis in talks to acquire a 30% stake in \u003cspan style=\"\"\u003e\u003cb\u003eOccidental Petroleum\u003c/b\u003e\u003c/span\u003e's\u003cspan style=\"\"\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003c/span\u003erecent \u003cspan style=\"\"\u003e\u003cb\u003eCrownRock\u003c/b\u003e\u003c/span\u003e acquisition for $3.6B (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/occidental-weighs-selling-ecopetrol-3-6-billion-permian-stake?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone\u003c/b\u003e\u003c/span\u003e is considering selling its minority stake in UK outsourced marketing provider \u003cspan style=\"\"\u003e\u003cb\u003eHH Global \u003c/b\u003e\u003c/span\u003eat a $2.6B-$3.2B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/blackstone-said-to-weigh-stake-sale-in-marketing-firm-hh-global?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firm\u003cspan style=\"\"\u003e\u003cb\u003e Cinven\u003c/b\u003e\u003c/span\u003e is in advanced talks to acquire a significant minority stake in Swedish health beverage maker \u003cspan style=\"\"\u003e\u003cb\u003eVitamin Well\u003c/b\u003e\u003c/span\u003e at an over $2.2B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/cinven-said-in-talks-to-buy-stake-in-bridgepoint-s-vitamin-well?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eis considering options for its 17% stake in Sweden-listed life sciences firm \u003cspan style=\"\"\u003e\u003cb\u003eBiotage\u003c/b\u003e\u003c/span\u003e, which has a $1.4B market cap (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/kkr-said-to-mull-options-for-stake-in-life-sciences-firm-biotage\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003cspan style=\"\"\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 Investment firm \u003cspan style=\"\"\u003e\u003cb\u003eRedBird IMI\u003c/b\u003e\u003c/span\u003e received seven bids from firms including \u003cspan style=\"\"\u003e\u003cb\u003eNews UK \u003c/b\u003e\u003c/span\u003efor \u003cspan style=\"\"\u003e\u003cb\u003eThe\u003c/b\u003e\u003c/span\u003e\u0026nbsp;\u003cspan style=\"\"\u003e\u003cb\u003eTelegraph\u003c/b\u003e\u003c/span\u003e newspaper and \u003cspan style=\"\"\u003e\u003cb\u003eSpectator \u003c/b\u003e\u003c/span\u003emagazine, which could fetch $775M (\u003ca class=\"link\" href=\"https://www.ft.com/content/410bd44f-806d-4b6d-aed1-3e6bbe499bce\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e $760M-listed diabetes device maker \u003cspan style=\"\"\u003e\u003cb\u003eEmbecta\u003c/b\u003e\u003c/span\u003e is exploring a sale (\u003ca class=\"link\" href=\"https://www.ft.com/content/4aa65f0f-dcdf-4849-bd87-b81b23961fc1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003cspan style=\"\"\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e State-owned \u003cspan style=\"\"\u003e\u003cb\u003eChina Three Gorges\u003c/b\u003e\u003c/span\u003e is in talks to buy a Spanish renewables portfolio worth $218M from Portugal's \u003cspan style=\"\"\u003e\u003cb\u003eGreenVolt \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/china-three-gorges-said-to-eye-greenvolt-energy-assets-in-spain?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eThe Friedkin Group \u003c/b\u003eabandoned plans to acquire a majority stake in \u003cspan style=\"\"\u003e\u003cb\u003eEverton FC\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.reuters.com/sports/soccer/friedkin-group-pulls-out-plans-buy-majority-stake-everton-2024-07-19/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eVC\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSaronic\u003c/b\u003e\u003c/span\u003e, a leader in military ASVs, raised a $175M Series B at a $1B valuation led by \u003cspan style=\"\"\u003e\u003cb\u003ea16z\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/saronic-raises-175-million-in-series-b-funding-valuing-company-at-1-billion-302201280.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\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\u003ePlanned\u003c/b\u003e\u003c/span\u003e, an end-to-end solution for travel and events, raised a $35M Series B led by \u003cspan style=\"\"\u003e\u003cb\u003eDrive Capital\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/planned-raises-35m-in-series-b-funding.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAereo\u003c/b\u003e\u003c/span\u003e, an Indian drone-based BI provider, raised a $15M Series B led by\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003e360 ONE Asset\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/aereo-indias-leading-commercial-drone-solutions-startup-secures-15-million-in-series-b-funding-round-302201565.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\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\u003eLumen\u003c/b\u003e\u003c/span\u003e, a startup building smart glasses for the visually impaired, raised a $5.5M round from \u003cspan style=\"\"\u003e\u003cb\u003eEIC\u003c/b\u003e\u003c/span\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003eand\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003eVenture to Future Fund\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://tech.eu/2024/07/19/lumen-raises-eur1m-in-a-day-on-for-smart-glasse/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\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\u003eTruvius\u003c/b\u003e\u003c/span\u003e, a startup empowering systematic investing for digital assets, raised a $3.2M round led by \u003cspan style=\"\"\u003e\u003cb\u003eGalaxy Ventures\u003c/b\u003e\u003c/span\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003e(\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/truvius-raises-3-2m-in-funding.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003ePelotero\u003c/b\u003e\u003c/span\u003e, a player intelligence platform for sport coaches, raised a $3M seed round led by \u003cspan style=\"\"\u003e\u003cb\u003eGreg Ciongoli\u003c/b\u003e\u003c/span\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003eand\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBennett Fisher\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/pelotero-raises-3m-in-seed-funding.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e) \u003c/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 Indian adtech \u003cspan style=\"\"\u003e\u003cb\u003eInMobi \u003c/b\u003e\u003c/span\u003eis planning a local IPO at a ~$10B valuation in 2025 (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/inmobi-eyes-10-billion-valuation-in-2025-india-ipo/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eSantander\u003c/b\u003e-backed fintech \u003cspan style=\"\"\u003e\u003cb\u003eEbury\u003c/b\u003e\u003c/span\u003e hired \u003cspan style=\"\"\u003e\u003cb\u003eGoldman Sachs\u003c/b\u003e\u003c/span\u003e to lead its planned $2.6B London IPO (\u003ca class=\"link\" href=\"https://www.ft.com/content/9ea312ff-4609-40cf-9b90-d89e5c615caf\" 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\u003cspan style=\"\"\u003e\u003cb\u003eBerkshire Hathaway\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eoffloaded ~$1.5B worth of \u003cspan style=\"\"\u003e\u003cb\u003eBank of America \u003c/b\u003e\u003c/span\u003eshares (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/berkshire-sells-around-148-bln-bank-america-shares-filing-shows-2024-07-20/\" 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 Indian mining giant \u003cspan style=\"\"\u003e\u003cb\u003eVedanta\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eraised $1B via a QIP share offering (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/indias-vedanta-raised-1-bln-through-qip-share-offering-2024-07-21/\" 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\u003cspan style=\"\"\u003e\u003cb\u003eManycore\u003c/b\u003e\u003c/span\u003e, a maker of 3D design software, is preparing to file for a $200M Hong Kong IPO as soon as this year (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/manycore-tech-said-to-file-for-200-million-hong-kong-ipo-this-year?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eArtiva Biotherapeutics\u003c/b\u003e\u003c/span\u003e'\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eshares closed flat in its trading debut after its expanded $167M IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/artiva-shares-increase-30-after-upsized-167-million-us-ipo?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003cspan style=\"\"\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 PE firm \u003cspan style=\"\"\u003e\u003cb\u003eMid Europa Partners \u003c/b\u003e\u003c/span\u003eselected \u003cspan style=\"\"\u003e\u003cb\u003eCitigroup \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eJefferies \u003c/b\u003e\u003c/span\u003eto arrange a Warsaw IPO of medical diagnostic firm\u003cspan style=\"\"\u003e\u003cb\u003e Diagnostyka \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/mid-europa-is-said-to-pick-citi-jefferies-for-medical-firm-ipo?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\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eDebt\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eTC Energy\u003c/b\u003e\u003c/span\u003e's liquids pipeline spinoff\u003cspan style=\"\"\u003e\u003cb\u003e South Bow \u003c/b\u003e\u003c/span\u003eis preparing to sell ~$5.8B of debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/tc-energy-s-south-bow-spinoff-readies-c-7-9-billion-debt-sale\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Banks and private credit firms are in talks to lend $1.1B to fund \u003cspan style=\"\"\u003e\u003cb\u003eCD\u0026amp;R\u003c/b\u003e\u003c/span\u003e and \u003cspan style=\"\"\u003e\u003cb\u003ePermira\u003c/b\u003e\u003c/span\u003e's potential $2.4B LBO of French cybersecurity firm \u003cspan style=\"\"\u003e\u003cb\u003eExclusive Networks \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/private-credit-banks-compete-to-fund-exclusive-networks-buyout?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eOccidental Petroleum \u003c/b\u003e\u003c/span\u003eis planning a bond sale to help fund its planned acquisition of \u003cspan style=\"\"\u003e\u003cb\u003eCrownRock \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/occidental-petroleum-planning-to-sell-bonds-in-up-to-five-parts\" 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\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eBankruptcy / Restructuring\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 Saudi Arabia鈥檚 \u003cspan style=\"\"\u003e\u003cb\u003ePIF \u003c/b\u003e\u003c/span\u003eoffered to buy a 40% stake UK department store \u003cspan style=\"\"\u003e\u003cb\u003eSelfridges \u003c/b\u003e\u003c/span\u003efrom insolvent co-owner \u003cspan style=\"\"\u003e\u003cb\u003eSigna \u003c/b\u003e\u003c/span\u003efor $1.3M (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-20/saudi-wealth-fund-offers-to-boost-its-stake-in-selfridges-to-50?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003ePorsche\u003c/b\u003e\u003c/span\u003e is in talks to acquire a stake German battery maker \u003cspan style=\"\"\u003e\u003cb\u003eVarta\u003c/b\u003e\u003c/span\u003e in a restructuring (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/porsche-mulls-taking-minority-stake-varta-faz-reports-2024-07-21/\" 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\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 PE firm\u003cspan style=\"\"\u003e\u003cb\u003e Bregal Sagemount\u003c/b\u003e\u003c/span\u003e closed its debut small-cap fund at $500M (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/bregal-sagemount-closes-first-small-cap-fund-5bc38a18?tpl=pe\u0026amp;mod=hp_major_fund_news_pos1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\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\u003cspan style=\"\"\u003e\u003cb\u003eWazirX \u003c/b\u003e\u003c/span\u003eand\u003cspan style=\"\"\u003e\u003cb\u003e Liminal Custody\u003c/b\u003e\u003c/span\u003e blame each other for the $230M crypto hack (\u003ca class=\"link\" href=\"https://www.coindesk.com/business/2024/07/19/wazirx-liminal-custody-blame-each-other-as-230m-crypto-exploit-leaves-customers-stranded/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCD\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"execs-picks\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eExec鈥檚 Picks\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:inherit;\"\u003e\u003ca class=\"link\" href=\"https://monetary-metals.com/earn-interest-on-gold/?utm_source=execsum-ad\u0026amp;utm_medium=email\u0026amp;utm_campaign=execsum\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e\u003cb\u003eEarn 5% on gold, paid in gold\u003c/b\u003e\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"color:inherit;\"\u003e.\u003c/span\u003e\u0026nbsp;Monetary Metals pays a yield on gold and silver, and they've done it for 8 years. \u003cspan style=\"color:inherit;\"\u003eClick \u003c/span\u003e\u003cspan style=\"color:inherit;\"\u003e\u003ca class=\"link\" href=\"https://monetary-metals.com/earn-interest-on-gold/?utm_source=execsum-ad\u0026amp;utm_medium=email\u0026amp;utm_campaign=execsum\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehere\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"color:inherit;\"\u003e to learn more about their latest opportunity\u003c/span\u003e. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e FT covered the curious case of \u003ca class=\"link\" href=\"https://www.ft.com/content/398fde10-6e63-4b01-b834-1897d6265dcd\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ethe young investors gambling on Indian stocks\u003c/a\u003e. \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"new-opportunity-growth-equity\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eNew Opportunity - Growth Equity\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.litneypartners.com/\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:15px 15px 15px 15px;border-style:solid;border-width:2px 2px 2px 2px;box-sizing:border-box;border-color:#001585;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cf2f9ea-4e4c-4b4a-a9e4-c11a1476c89a/litney_partners.png?t=1718914436\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eSmash Capital\u003c/b\u003e - Growth Equity Investor, Immediate Start, NYC or LA \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Venture capital firm with over $1.5B in AUM is hiring growth equity investors for immediate start in NYC and LA \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e The firm invests in technology companies across enterprise software, consumer internet, gaming, financial services, healthcare, and commerce \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Seeking experienced growth equity investors, with at least two years of experience from a top management consulting firm or investment bank and at least two years of software-focused buy side experience in growth equity, VC, or private equity \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.litneypartners.com/search/smash-capital-ny-la-growth-equity-investor-2024-jul\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e Apply Now 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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/MikeBeauvais/status/1814322465591464077\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:80%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4964e464-0ef5-443d-a558-eb006e380bc5/image.png?t=1721607685\"\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 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break-word; }\n\n@media only screen and (max-width:667px) {\n .mob-stack {\n display: block !important;\n width: 100% !important;\n }\n\n .mob-w-full {\n width: 100% !important;\n }\n}\n\n\u003c/style\u003e\u003cscript async=\"\" id=\"tiktok-script\" src=\"https://www.tiktok.com/embed.js\" type=\"text/javascript\"\u003e\u003c/script\u003e\u003cscript async=\"\" defer=\"\" id=\"twitter-wjs\" src=\"https://platform.twitter.com/widgets.js\" type=\"text/javascript\"\u003e\u003c/script\u003e\u003cstyle\u003e\n .table-base, .table-c, .table-h { border: 1px solid #C0C0C0; }\n .table-c { padding:5px; background-color:#FFFFFF; }\n .table-c p { color: #2D2D2D; font-family:'Helvetica',Arial,sans-serif !important; overflow-wrap: break-word; }\n .table-h { padding:5px; background-color:#F1F1F1; }\n .table-h p { color: #2A2A2A; font-family:'Trebuchet MS','Lucida Grande',Tahoma,sans-serif !important; overflow-wrap: break-word; }\n\u003c/style\u003e\u003c/div\u003e\u003cdiv class=\"bg-wt-background\" style=\"color: var(--wt-text-on-background-color) !important;\"\u003e\u003cdiv class=\"rendered-post\" style=\"max-width: 672px; margin: 0 auto;\"\u003e\u003cdiv class=\"bg-wt-background text-wt-text-on-background\"\u003e\u003cdiv style=\"padding-top:1.5rem; padding-bottom:1.5rem;\"\u003e\u003cstyle\u003e\n .bh__byline_wrapper {\n font-size: .875rem;\n line-height: 1.25rem;\n vertical-align: middle;\n justify-content: space-between;\n display: block;\n }\n \n .bh__byline_social_wrapper {\n display: flex;\n margin-top: 0.5rem;\n align-items: center;\n }\n \n .bh__byline_social_wrapper \u003e * + * {\n margin-left: 1rem;\n }\n \n @media (min-width: 768px) {\n .bh__byline_wrapper {\n display: flex;\n }\n \n .bh__byline_social_wrapper {\n margin-top: 0rem;\n }\n }\n\u003c/style\u003e\u003cdiv id=\"web-header\" style=\"padding-left: 20px; padding-right: 20px; color: var(--wt-text-on-background-color) !important; padding-bottom: 2rem;\"\u003e\u003ch1 style=\"font-size: 36px; font-family:'Helvetica',Arial,sans-serif; line-height: 2.5rem; padding-bottom: 8px; font-weight: 700;\"\u003eBuh-Bye Biden\u003c/h1\u003e\u003ch2 style=\"font-size: 20px; font-family:'Helvetica',Arial,sans-serif; line-height: 1.75rem; padding-bottom: 20px; color: #8A8A8A; font-weight: 400;\"\u003eA CrowdStrike glitch nearly crippled the global economy, Taleb's protege thinks the greatest bubble is at its peak, secondaries had a record H1, and Biden dropped out of the presidential race. \u003c/h2\u003e\u003cdiv class=\"bh__byline_wrapper\"\u003e\u003cdiv\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cdiv style=\"display:flex; flex-direction:row; justify-content:flex-start;\"\u003e\u003cdiv style=\"display:flex;\"\u003e\u003cimg alt=\"Author\" height=\"40\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/user/profile_picture/2e8f4f5d-5856-4463-ad71-a48cbba10c7a/thumb_litcap.jpg\" style=\"height:40px;width:40px;border:4px solid rgba(0,0,0,0);left:-4px;z-index:10;box-sizing:content-box;position:relative;border-radius:9999px;\" width=\"40\"\u003e\u003c/div\u003e\u003cdiv style=\"display:flex; align-items:center;\"\u003e\u003cp style=\"left:8px;position:relative;font-family:'Helvetica',Arial,sans-serif;font-weight:normal;font-size:14px;color: var(--wt-text-on-background-color);margin:0px;line-height:20px;\"\u003e\u003cspan\u003e\u003ca href=\"https://www.execsum.co/authors/2e8f4f5d-5856-4463-ad71-a48cbba10c7a\" target=\"_blank\" style=\"color:var(--wt-text-on-background-color) !important;text-decoration:underline !important;\"\u003eLitquidity Capital\u003c/a\u003e\u003c/span\u003e\u003cbr\u003e\u003cspan class=\"text-wt-text-on-background\" style=\"opacity:0.75;\"\u003e July 22, 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 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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%2Fbuhbye-biden\" target=\"_blank\"\u003e\u003cdiv style=\"max-width:28px;\"\u003e\u003csvg fill=\"none\" height=\"100%\" viewBox=\"0 0 211 211\" width=\"100%\" xmlns=\"http://www.w3.org/2000/svg\"\u003e\u003ccircle cx=\"105.5\" cy=\"105.5\" fill-opacity=\"0.15\" fill=\"#9CA3AF\" r=\"105.5\"\u003e\u003c/circle\u003e\u003cpath d=\"M82.1892 75.4698C82.1892 80.1362 78.526 83.8026 73.8638 83.8026C69.2015 83.8026 65.5383 80.1362 65.5383 75.4698C65.5383 70.8034 69.2015 67.137 73.8638 67.137C78.526 67.137 82.1892 70.8034 82.1892 75.4698ZM82.1892 90.4689H65.5383V143.799H82.1892V90.4689ZM108.831 90.4689H92.1797V143.799H108.831V115.801C108.831 100.135 128.812 98.8017 128.812 115.801V143.799H145.463V110.134C145.463 83.8026 115.824 84.8026 108.831 97.8018V90.4689Z\" fill=\"#BAC2CE\"\u003e\u003c/path\u003e\u003c/svg\u003e\u003c/div\u003e\u003c/a\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"content-blocks\"\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:center;\"\u003e\u003cb\u003eTogether with\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:25%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/423189b1-7d61-4020-8d63-6804752a9a9c/image.png?t=1721608702\"\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 A CrowdStrike glitch nearly crippled the global economy, Taleb's protege thinks the greatest bubble is at its peak, secondaries had a record H1, and Biden dropped out of the presidential race. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK Venture Fund recently opened to all US investors, offering exposure to startups like SpaceX and OpenAI. Check out the \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=portfolio\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003efull portfolio here\u003c/a\u003e and \u003ca class=\"link\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003esee how you can invest today\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e Let鈥檚 dive in. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"before-the-bell\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eBefore The Bell\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4642c5e4-13a1-44b9-8f68-ebd8ae41dfd7/image.png?t=1721597502\"\u003e\u003cdiv style=\"margin:0 auto 0 auto;padding-left:4px;padding-right:4px;padding-top:4px;text-align:left;width:100%;\"\u003e\u003csmall style=\"color:#C0C0C0;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:12px;font-style:italic;text-decoration-color:#C0C0C0;text-decoration:none;\"\u003e\u003cp\u003eAs of 07/19/2024 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 fell further on Friday as markets reacted to a global IT outage and prepared for Big Tech earnings this week \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 S\u0026amp;P and Nasdaq posted their biggest weekly losses since April \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Nasdaq snapped a six-week win streak \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 Europe's Stoxx 600 lost 2% in its biggest weekly fall YTD\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Bitcoin hit a one-month high \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\u003eAmerican Express\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e missed Q2 revenue estimates but beat on earnings and raised its FY profit forecast thanks to robust spending by wealthy customers (\u003c/span\u003e\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/19/american-express-axp-q2-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=\"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);\"\u003eTuesday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eTesla\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\u003eAlphabet\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\u003eSpotify\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\u003eUPS\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\u003eVisa\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eWednesday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eChipotle\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\u003eFord\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\u003eAT\u0026amp;T\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\u003eIBM\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eThursday: \u003c/span\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003e\u003cb\u003eAmerican Airlines\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:rgb(34, 34, 34);\"\u003eFull calendar \u003c/span\u003e\u003ca class=\"link\" href=\"https://finance.yahoo.com/calendar/earnings/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehere\u003c/a\u003e\u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"headline-roundup\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eHeadline Roundup\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e A faulty CrowdStrike update caused the largest IT outage in history (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/19/latest-live-updates-on-a-major-it-outage-spreading-worldwide.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 Biden dropped out of the 2024 presidential race (\u003ca class=\"link\" href=\"https://apnews.com/article/biden-drops-out-2024-election-ddffde72838370032bdcff946cfc2ce6\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eAP\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e China cuts key short-term rate for the first time in a year (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-22/pboc-cuts-seven-day-reverse-repo-rate-to-1-7-to-support-economy?embedded-checkout=true\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Mark Spitznagel sees the 'greatest bubble' nearing its peak (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/investing/greatest-bubble-nearing-its-peak-says-black-swan-manager-6f531740?mod=finance_feat1_hots_pos4\" 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 Private market secondaries see record H1 as volumes surpass $70B (\u003ca class=\"link\" href=\"https://www.secondariesinvestor.com/secondaries-sees-record-first-half-as-volume-surpasses-70bn-evercore/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSI\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Global equity funds saw a fourth-straight week of inflows (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/global-markets-flows-graphic-2024-07-19/\" 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 Chinese investors sold record amount of US stocks and bonds in May (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/chinese-investors-dump-record-amount-of-us-stocks-and-bonds?embedded-checkout=true\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Vanguard favors high-quality credit over high-yield counterparts (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/vanguard-favors-high-quality-credit-us-economy-nears-turning-point-2024-07-19/\" 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 US bond managers are steering clear of long-term US debt (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/rates-bonds/big-us-bond-managers-steer-clear-long-dated-government-debt-2024-07-19/\" 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 US regional banks boost credit loss provisions as CRE risks linger (\u003ca class=\"link\" href=\"https://www.reuters.com/business/finance/us-regional-banks-build-stronger-safety-nets-cre-pain-lingers-2024-07-19/\" 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 US regulator found weak risk-management at half of large banks (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-21/secret-bank-ratings-show-us-regulator-s-concern-on-handling-risk?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 UK's finance minister may force pensions to pool $460B of assets (\u003ca class=\"link\" href=\"https://www.ft.com/content/bf0a97c7-5335-48e3-9156-414adc482892\" 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 Hedge funds are pouring billions into the Turkish lira trade (\u003ca class=\"link\" href=\"https://www.ft.com/content/d93d22ff-0c46-4982-874e-0a0b156d140c\" 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 Asian foreign reserves declined in H1 (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/asia/asian-foreign-reserves-decline-2024-first-half-2024-07-19/\" 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 Activist Elliott built a stake in Starbucks (\u003ca class=\"link\" href=\"https://www.reuters.com/business/retail-consumer/activist-investor-elliott-builds-sizeable-stake-starbucks-wsj-reports-2024-07-19/\" 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 American borrowers are struggling with debt (\u003ca class=\"link\" href=\"https://www.wsj.com/finance/credit-card-debt-loans-high-interest-rates-8da11e83?mod=finance_lead_pos2\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Apathetic employees are costing $1.9T in productivity (\u003ca class=\"link\" href=\"https://www.cnbc.com/2024/07/16/quiet-quitting-and-coffee-badging-why-employees-dont-want-to-work.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 Firms are dropping DEI targets amid pressure from conservatives (\u003ca class=\"link\" href=\"https://www.ft.com/content/63ac21a5-9929-4bc3-9089-03299f023bcd\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"a-message-from-ark-invest\" style=\"padding-bottom:2px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch2 style=\"color:#62AAFF;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:20px;font-weight:normal;line-height:30px;margin:0;text-align:left;\"\u003e\u003cb\u003eA Message From ARK Invest\u003c/b\u003e\u003c/h2\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:10px;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/5ff584f6-ddb7-4f0b-8cd1-9466b94eb4c6/image.png?t=1721608693\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e The ARK Venture Fund is taking an asset class once reserved for the accredited, ultra-rich and making it available to all US investors. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e ARK offers investment exposure to companies like \u003cb\u003eSpaceX\u003c/b\u003e,\u003cb\u003e OpenAI\u003c/b\u003e,\u003cb\u003e Anthropic\u003c/b\u003e,\u003cb\u003e Databricks\u003c/b\u003e, and more! \u003ca class=\"link\" href=\"https://www.ark-funds.com/portfolio/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=portfolio\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eSee the portfolio here\u003c/a\u003e. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e You can invest in the ARK Venture Fund (ARKVX) for as little as a $500 minimum initial investment. \u003c/p\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e All US self-directed investors can download the SoFi or Titan app and invest in the ARK Venture Fund (ARKVX) now. \u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:13px;padding-left:20px;padding-right:20px;padding-top:13px;text-align:center;width:100%;word-break:break-word;\"\u003e\u003ca target=\"_blank\" rel=\"noopener nofollow noreferrer\" href=\"https://www.ark-funds.com/funds/arkvx/?utm_source=litquidity\u0026amp;utm_medium=newsletter\u0026amp;utm_campaign=venture_fund_ongoing\u0026amp;utm_content=invest_today\"\u003e\u003cbutton style=\"background-color:#001585;border-radius:6px;border:solid 0px #001585;color:#FFFFFF;cursor:pointer;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:42px;padding:0px 14px;width:fit-content;\" type=\"button\"\u003e Learn more \u003c/button\u003e\u003c/a\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"deal-flow\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eDeal Flow\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eM\u0026amp;A / Investments\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Consumer goods giant \u003cspan style=\"\"\u003e\u003cb\u003eUnilever\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003ebegan sales talks with \u003cb\u003eKKR\u003c/b\u003e, \u003cb\u003eCVC\u003c/b\u003e, \u003cspan style=\"\"\u003e\u003cb\u003eAdvent\u003c/b\u003e\u003c/span\u003e, and\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003eCinven\u003c/b\u003e\u003c/span\u003e for its $19.4B ice cream business (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/unilever-said-to-start-sale-talks-for-15-billion-ice-cream-unit\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp;\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firms including \u003cb\u003eCVC\u003c/b\u003e are in talks to acquire $14.6B-listed UK pest control firm \u003cspan style=\"\"\u003e\u003cb\u003eRentokil Initial\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-20/former-bt-ceo-in-talks-to-buy-rentokil-initial-the-sunday-times?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003e emerged as the front-runner to acquire edtech \u003cspan style=\"\"\u003e\u003cb\u003eInstructure \u003c/b\u003e\u003c/span\u003eat a ~$4.7B valuation, including debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/kkr-emerges-as-front-runner-for-instructure-buyout\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Colombian driller \u003cspan style=\"\"\u003e\u003cb\u003eEcoPetrol \u003c/b\u003e\u003c/span\u003eis in talks to acquire a 30% stake in \u003cspan style=\"\"\u003e\u003cb\u003eOccidental Petroleum\u003c/b\u003e\u003c/span\u003e's\u003cspan style=\"\"\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003c/span\u003erecent \u003cspan style=\"\"\u003e\u003cb\u003eCrownRock\u003c/b\u003e\u003c/span\u003e acquisition for $3.6B (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/occidental-weighs-selling-ecopetrol-3-6-billion-permian-stake?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBlackstone\u003c/b\u003e\u003c/span\u003e is considering selling its minority stake in UK outsourced marketing provider \u003cspan style=\"\"\u003e\u003cb\u003eHH Global \u003c/b\u003e\u003c/span\u003eat a $2.6B-$3.2B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/blackstone-said-to-weigh-stake-sale-in-marketing-firm-hh-global?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e PE firm\u003cspan style=\"\"\u003e\u003cb\u003e Cinven\u003c/b\u003e\u003c/span\u003e is in advanced talks to acquire a significant minority stake in Swedish health beverage maker \u003cspan style=\"\"\u003e\u003cb\u003eVitamin Well\u003c/b\u003e\u003c/span\u003e at an over $2.2B valuation (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/cinven-said-in-talks-to-buy-stake-in-bridgepoint-s-vitamin-well?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eKKR\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eis considering options for its 17% stake in Sweden-listed life sciences firm \u003cspan style=\"\"\u003e\u003cb\u003eBiotage\u003c/b\u003e\u003c/span\u003e, which has a $1.4B market cap (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/kkr-said-to-mull-options-for-stake-in-life-sciences-firm-biotage\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003cspan style=\"\"\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 Investment firm \u003cspan style=\"\"\u003e\u003cb\u003eRedBird IMI\u003c/b\u003e\u003c/span\u003e received seven bids from firms including \u003cspan style=\"\"\u003e\u003cb\u003eNews UK \u003c/b\u003e\u003c/span\u003efor \u003cspan style=\"\"\u003e\u003cb\u003eThe\u003c/b\u003e\u003c/span\u003e\u0026nbsp;\u003cspan style=\"\"\u003e\u003cb\u003eTelegraph\u003c/b\u003e\u003c/span\u003e newspaper and \u003cspan style=\"\"\u003e\u003cb\u003eSpectator \u003c/b\u003e\u003c/span\u003emagazine, which could fetch $775M (\u003ca class=\"link\" href=\"https://www.ft.com/content/410bd44f-806d-4b6d-aed1-3e6bbe499bce\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e $760M-listed diabetes device maker \u003cspan style=\"\"\u003e\u003cb\u003eEmbecta\u003c/b\u003e\u003c/span\u003e is exploring a sale (\u003ca class=\"link\" href=\"https://www.ft.com/content/4aa65f0f-dcdf-4849-bd87-b81b23961fc1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFT\u003c/a\u003e) \u003cspan style=\"\"\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003c/span\u003e\u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e State-owned \u003cspan style=\"\"\u003e\u003cb\u003eChina Three Gorges\u003c/b\u003e\u003c/span\u003e is in talks to buy a Spanish renewables portfolio worth $218M from Portugal's \u003cspan style=\"\"\u003e\u003cb\u003eGreenVolt \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/china-three-gorges-said-to-eye-greenvolt-energy-assets-in-spain?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eThe Friedkin Group \u003c/b\u003eabandoned plans to acquire a majority stake in \u003cspan style=\"\"\u003e\u003cb\u003eEverton FC\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.reuters.com/sports/soccer/friedkin-group-pulls-out-plans-buy-majority-stake-everton-2024-07-19/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eRT\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eVC\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eSaronic\u003c/b\u003e\u003c/span\u003e, a leader in military ASVs, raised a $175M Series B at a $1B valuation led by \u003cspan style=\"\"\u003e\u003cb\u003ea16z\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/saronic-raises-175-million-in-series-b-funding-valuing-company-at-1-billion-302201280.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\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\u003ePlanned\u003c/b\u003e\u003c/span\u003e, an end-to-end solution for travel and events, raised a $35M Series B led by \u003cspan style=\"\"\u003e\u003cb\u003eDrive Capital\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/planned-raises-35m-in-series-b-funding.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eAereo\u003c/b\u003e\u003c/span\u003e, an Indian drone-based BI provider, raised a $15M Series B led by\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003e360 ONE Asset\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.prnewswire.com/news-releases/aereo-indias-leading-commercial-drone-solutions-startup-secures-15-million-in-series-b-funding-round-302201565.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ePRN\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\u003eLumen\u003c/b\u003e\u003c/span\u003e, a startup building smart glasses for the visually impaired, raised a $5.5M round from \u003cspan style=\"\"\u003e\u003cb\u003eEIC\u003c/b\u003e\u003c/span\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003eand\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003eVenture to Future Fund\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://tech.eu/2024/07/19/lumen-raises-eur1m-in-a-day-on-for-smart-glasse/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eEU\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\u003eTruvius\u003c/b\u003e\u003c/span\u003e, a startup empowering systematic investing for digital assets, raised a $3.2M round led by \u003cspan style=\"\"\u003e\u003cb\u003eGalaxy Ventures\u003c/b\u003e\u003c/span\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003e(\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/truvius-raises-3-2m-in-funding.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003ePelotero\u003c/b\u003e\u003c/span\u003e, a player intelligence platform for sport coaches, raised a $3M seed round led by \u003cspan style=\"\"\u003e\u003cb\u003eGreg Ciongoli\u003c/b\u003e\u003c/span\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003eand\u003cb\u003e\u0026nbsp;\u003c/b\u003e\u003cspan style=\"\"\u003e\u003cb\u003eBennett Fisher\u003c/b\u003e\u003c/span\u003e (\u003ca class=\"link\" href=\"https://www.finsmes.com/2024/07/pelotero-raises-3m-in-seed-funding.html\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eFN\u003c/a\u003e) \u003c/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 Indian adtech \u003cspan style=\"\"\u003e\u003cb\u003eInMobi \u003c/b\u003e\u003c/span\u003eis planning a local IPO at a ~$10B valuation in 2025 (\u003ca class=\"link\" href=\"https://techcrunch.com/2024/07/17/inmobi-eyes-10-billion-valuation-in-2025-india-ipo/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eTC\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cb\u003eSantander\u003c/b\u003e-backed fintech \u003cspan style=\"\"\u003e\u003cb\u003eEbury\u003c/b\u003e\u003c/span\u003e hired \u003cspan style=\"\"\u003e\u003cb\u003eGoldman Sachs\u003c/b\u003e\u003c/span\u003e to lead its planned $2.6B London IPO (\u003ca class=\"link\" href=\"https://www.ft.com/content/9ea312ff-4609-40cf-9b90-d89e5c615caf\" 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\u003cspan style=\"\"\u003e\u003cb\u003eBerkshire Hathaway\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eoffloaded ~$1.5B worth of \u003cspan style=\"\"\u003e\u003cb\u003eBank of America \u003c/b\u003e\u003c/span\u003eshares (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/us/berkshire-sells-around-148-bln-bank-america-shares-filing-shows-2024-07-20/\" 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 Indian mining giant \u003cspan style=\"\"\u003e\u003cb\u003eVedanta\u003c/b\u003e\u003c/span\u003e\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eraised $1B via a QIP share offering (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/indias-vedanta-raised-1-bln-through-qip-share-offering-2024-07-21/\" 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\u003cspan style=\"\"\u003e\u003cb\u003eManycore\u003c/b\u003e\u003c/span\u003e, a maker of 3D design software, is preparing to file for a $200M Hong Kong IPO as soon as this year (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/manycore-tech-said-to-file-for-200-million-hong-kong-ipo-this-year?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eArtiva Biotherapeutics\u003c/b\u003e\u003c/span\u003e'\u003cspan style=\"\"\u003e\u0026nbsp;\u003c/span\u003eshares closed flat in its trading debut after its expanded $167M IPO (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/artiva-shares-increase-30-after-upsized-167-million-us-ipo?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e) \u003cspan style=\"\"\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 PE firm \u003cspan style=\"\"\u003e\u003cb\u003eMid Europa Partners \u003c/b\u003e\u003c/span\u003eselected \u003cspan style=\"\"\u003e\u003cb\u003eCitigroup \u003c/b\u003e\u003c/span\u003eand \u003cspan style=\"\"\u003e\u003cb\u003eJefferies \u003c/b\u003e\u003c/span\u003eto arrange a Warsaw IPO of medical diagnostic firm\u003cspan style=\"\"\u003e\u003cb\u003e Diagnostyka \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/mid-europa-is-said-to-pick-citi-jefferies-for-medical-firm-ipo?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\u003c/ul\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eDebt\u003c/b\u003e\u003c/p\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eTC Energy\u003c/b\u003e\u003c/span\u003e's liquids pipeline spinoff\u003cspan style=\"\"\u003e\u003cb\u003e South Bow \u003c/b\u003e\u003c/span\u003eis preparing to sell ~$5.8B of debt (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/tc-energy-s-south-bow-spinoff-readies-c-7-9-billion-debt-sale\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e Banks and private credit firms are in talks to lend $1.1B to fund \u003cspan style=\"\"\u003e\u003cb\u003eCD\u0026amp;R\u003c/b\u003e\u003c/span\u003e and \u003cspan style=\"\"\u003e\u003cb\u003ePermira\u003c/b\u003e\u003c/span\u003e's potential $2.4B LBO of French cybersecurity firm \u003cspan style=\"\"\u003e\u003cb\u003eExclusive Networks \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/private-credit-banks-compete-to-fund-exclusive-networks-buyout?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003eOccidental Petroleum \u003c/b\u003e\u003c/span\u003eis planning a bond sale to help fund its planned acquisition of \u003cspan style=\"\"\u003e\u003cb\u003eCrownRock \u003c/b\u003e\u003c/span\u003e(\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-19/occidental-petroleum-planning-to-sell-bonds-in-up-to-five-parts\" 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\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;text-align:left;\"\u003e\u003cb\u003eBankruptcy / Restructuring\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 Saudi Arabia鈥檚 \u003cspan style=\"\"\u003e\u003cb\u003ePIF \u003c/b\u003e\u003c/span\u003eoffered to buy a 40% stake UK department store \u003cspan style=\"\"\u003e\u003cb\u003eSelfridges \u003c/b\u003e\u003c/span\u003efrom insolvent co-owner \u003cspan style=\"\"\u003e\u003cb\u003eSigna \u003c/b\u003e\u003c/span\u003efor $1.3M (\u003ca class=\"link\" href=\"https://www.bloomberg.com/news/articles/2024-07-20/saudi-wealth-fund-offers-to-boost-its-stake-in-selfridges-to-50?srnd=phx-deals\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eBBG\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"\"\u003e\u003cb\u003ePorsche\u003c/b\u003e\u003c/span\u003e is in talks to acquire a stake German battery maker \u003cspan style=\"\"\u003e\u003cb\u003eVarta\u003c/b\u003e\u003c/span\u003e in a restructuring (\u003ca class=\"link\" href=\"https://www.reuters.com/markets/deals/porsche-mulls-taking-minority-stake-varta-faz-reports-2024-07-21/\" 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\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 PE firm\u003cspan style=\"\"\u003e\u003cb\u003e Bregal Sagemount\u003c/b\u003e\u003c/span\u003e closed its debut small-cap fund at $500M (\u003ca class=\"link\" href=\"https://www.wsj.com/articles/bregal-sagemount-closes-first-small-cap-fund-5bc38a18?tpl=pe\u0026amp;mod=hp_major_fund_news_pos1\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eWSJ\u003c/a\u003e)\u0026nbsp; \u003c/p\u003e\u003c/li\u003e\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\u003cspan style=\"\"\u003e\u003cb\u003eWazirX \u003c/b\u003e\u003c/span\u003eand\u003cspan style=\"\"\u003e\u003cb\u003e Liminal Custody\u003c/b\u003e\u003c/span\u003e blame each other for the $230M crypto hack (\u003ca class=\"link\" href=\"https://www.coindesk.com/business/2024/07/19/wazirx-liminal-custody-blame-each-other-as-230m-crypto-exploit-leaves-customers-stranded/\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003eCD\u003c/a\u003e) \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"execs-picks\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eExec鈥檚 Picks\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:7px;padding-left:40px;padding-right:32px;padding-top:7px;\"\u003e\u003cul style=\"color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:16px;line-height:24px;list-style-type:disc;margin:0px 0px 0px 25px;padding:0;\"\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e\u003cspan style=\"color:inherit;\"\u003e\u003ca class=\"link\" href=\"https://monetary-metals.com/earn-interest-on-gold/?utm_source=execsum-ad\u0026amp;utm_medium=email\u0026amp;utm_campaign=execsum\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003e\u003cb\u003eEarn 5% on gold, paid in gold\u003c/b\u003e\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"color:inherit;\"\u003e.\u003c/span\u003e\u0026nbsp;Monetary Metals pays a yield on gold and silver, and they've done it for 8 years. \u003cspan style=\"color:inherit;\"\u003eClick \u003c/span\u003e\u003cspan style=\"color:inherit;\"\u003e\u003ca class=\"link\" href=\"https://monetary-metals.com/earn-interest-on-gold/?utm_source=execsum-ad\u0026amp;utm_medium=email\u0026amp;utm_campaign=execsum\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ehere\u003c/a\u003e\u003c/span\u003e\u003cspan style=\"color:inherit;\"\u003e to learn more about their latest opportunity\u003c/span\u003e. \u003c/p\u003e\u003c/li\u003e\u003cli style=\"margin:5px 0px 0px 0px;\"\u003e\u003cp style=\"text-align:left;\"\u003e FT covered the curious case of \u003ca class=\"link\" href=\"https://www.ft.com/content/398fde10-6e63-4b01-b834-1897d6265dcd\" target=\"_blank\" style=\"-webkit-text-decoration:underline #387fd2;color:#387fd2;text-decoration:underline #387fd2;word-break:break-word;;\"\u003ethe young investors gambling on Indian stocks\u003c/a\u003e. \u003c/p\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv style=\"padding: 18px 0;\"\u003e\u003cdiv style=\"margin: 0 auto; border-top: 1px solid #E5E5E5; width:90%;\"\u003e\u003c/div\u003e\u003c/div\u003e\u003cdiv id=\"new-opportunity-growth-equity\" style=\"padding-bottom:3px;padding-left:20px;padding-right:20px;padding-top:11px;\"\u003e\u003ch1 style=\"color:#001585;color:var(--wt-text-on-background-color) !important;font-family:'Helvetica',Arial,sans-serif;font-size:25px;font-weight:normal;line-height:38px;margin:0;text-align:left;\"\u003e\u003cb\u003eNew Opportunity - Growth Equity\u003c/b\u003e\u003c/h1\u003e\u003c/div\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003ca href=\"https://www.litneypartners.com/\" rel=\"nofollow noopener noreferrer\" style=\"text-decoration: none;\" target=\"_blank\"\u003e\u003cimg alt=\"\" style=\"margin:0 auto 0 auto;width:100%;border-radius:15px 15px 15px 15px;border-style:solid;border-width:2px 2px 2px 2px;box-sizing:border-box;border-color:#001585;\" src=\"https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cf2f9ea-4e4c-4b4a-a9e4-c11a1476c89a/litney_partners.png?t=1718914436\"\u003e\u003c/a\u003e\u003c/div\u003e\u003cstyle\u003e\n p span[style*=\"font-size\"] { line-height: 1.6; }\n\u003c/style\u003e\u003cdiv style=\"padding-bottom:6px;padding-left:20px;padding-right:20px;padding-top:6px;\"\u003e\u003cp style=\"color:#222222;color:var(--wt-text-on-background-color) 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