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A surprising deal from Vertex Pharmaceuticals adds to Big Pharma's acquisitive streak as Crinetics folds into the cystic fibrosis drugmaker. Meanwhile, IPOs and venture capital raises trend upward, but mostly for derisked Reimagining the 60 40 Portfolio with Private Equity Secondaries Understanding the Difference Between Separately Managed Accounts and Insurance Dedicated Funds in Private Placement Life Insurance Smart, Capital Efficient Diversification Seeking Alpha Separating Apples from Pears The Hedge Fund Journal

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