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flag GIC and Sequoia led $200M funding for legal AI startup.

flag A $200 million funding round for a legal AI startup was co-led by GIC and Sequoia, highlighting investor confidence in the sector. flag Meanwhile, Advent International led a $12.7 billion valuation round for Shield AI, and the Illinois Municipal Retirement Fund committed up to $170 million to alternative assets. flag Other news includes KKR acquiring Nothing Bundt Cakes for over $2 billion, Forward Consumer Partners hitting a $500 million hard cap for its second fund, and Climate Investment closing a $450 million decarbonization fund.

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