<?xml version="1.0" ?>
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    <issuerName>Laureate Education Inc</issuerName>
    <cusip>518613203</cusip>
    <isin>US5186132032</isin>
    <figi>N/A</figi>
    <meetingDate>05/22/2025</meetingDate>
    <voteDescription>Vote Directors: Election of Director: Andrew B. Cohen Election of Director: William J. Davis Election of Director: Pedro del Corro Election of Director: Aristides de Macedo Election of Director: Kenneth W. Freeman Election of Director: Barbara Mair Election of Director: George Mu&#241;oz Election of Director: Dr. Judith Rodin Election of Director: Eilif Serck-Hanssen Election of Director: Ian K. Snow Board Recommendation: For</voteDescription>
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      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>5967</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>FOR</howVoted>
        <sharesVoted>5967</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <voteOtherInfo>These shares are held by SPG LLC</voteOtherInfo>
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  <proxyTable>
    <issuerName>Laureate Education Inc</issuerName>
    <cusip>518613203</cusip>
    <isin>US5186132032</isin>
    <figi>N/A</figi>
    <meetingDate>05/22/2025</meetingDate>
    <voteDescription>To approve, by advisory vote, the compensation of the named executive officers.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>COMPENSATION</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
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        <howVoted>FOR</howVoted>
        <sharesVoted>5967</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
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    <voteOtherInfo>These shares are held by SPG LLC</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Laureate Education Inc</issuerName>
    <cusip>518613203</cusip>
    <isin>US5186132032</isin>
    <figi>N/A</figi>
    <meetingDate>05/22/2025</meetingDate>
    <voteDescription>To ratify the appointment of PricewaterhouseCoopers LLP as Laureate's independent registered public accounting firm for the year ending December 31, 2025.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>OTHER</categoryType>
      </voteCategory>
    </voteCategories>
    <otherVoteDescription>Account Firm appointment</otherVoteDescription>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>5967</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>FOR</howVoted>
        <sharesVoted>5967</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <voteOtherInfo>These shares are held by SPG LLC</voteOtherInfo>
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  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Dorika M. Beckett Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
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        <sharesVoted>642654</sharesVoted>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.</voteOtherInfo>
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    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Michael W. Chiao Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
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    <sharesOnLoan>0</sharesOnLoan>
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        <sharesVoted>642654</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.</voteOtherInfo>
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  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Christopher D. Farrar Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
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        <howVoted>FOR</howVoted>
        <sharesVoted>642654</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.</voteOtherInfo>
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  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Alan H. Mantel Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>642654</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>FOR</howVoted>
        <sharesVoted>642654</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.</voteOtherInfo>
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  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: John P. Pitstick Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>642654</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>FOR</howVoted>
        <sharesVoted>642654</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: John A. Pless Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>642654</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>642654</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Joy L. Schaefer Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>642654</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>FOR</howVoted>
        <sharesVoted>642654</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Omar M. Maasarani Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>642654</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>642654</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Approve 2024 executive compensation on an advisory basis. Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>COMPENSATION</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>642654</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>642654</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Ratify RSM US LLP as independent auditor for 2025.Board Recommendation:For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>OTHER</categoryType>
      </voteCategory>
    </voteCategories>
    <otherVoteDescription>Account Firm appointment</otherVoteDescription>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>642654</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>642654</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Approve the Increase to the Share Reserve Under our 2020 Omnibus Incentive Plan. More Details Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>OTHER</categoryType>
      </voteCategory>
    </voteCategories>
    <otherVoteDescription>Share Reserve</otherVoteDescription>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>642654</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>642654</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Dorika M. Beckett Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>61719</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>61719</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Michael W. Chiao Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>61719</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>61719</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Christopher D. Farrar Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>61719</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>61719</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Alan H. Mantel Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>61719</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>61719</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: John P. Pitstick Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>61719</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>61719</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: John A. Pless Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>61719</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>61719</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Joy L. Schaefer Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>61719</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>61719</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: Omar M. Maasarani Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>61719</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>61719</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Approve 2024 executive compensation on an advisory basis. Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>COMPENSATION</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>61719</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>61719</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.</voteOtherInfo>
  </proxyTable>
  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
    <cusip>92262D101</cusip>
    <isin>US92262D1019</isin>
    <figi>N/A</figi>
    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Ratify RSM US LLP as independent auditor for 2025. Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>OTHER</categoryType>
      </voteCategory>
    </voteCategories>
    <otherVoteDescription>Account Firm appointment</otherVoteDescription>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>61719</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>FOR</howVoted>
        <sharesVoted>61719</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.</voteOtherInfo>
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      <voteCategory>
        <categoryType>OTHER</categoryType>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.</voteOtherInfo>
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      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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      <voteCategory>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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        <categoryType>DIRECTOR ELECTIONS</categoryType>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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    <voteCategories>
      <voteCategory>
        <categoryType>COMPENSATION</categoryType>
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    <vote>
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        <managementRecommendation>FOR</managementRecommendation>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.</voteOtherInfo>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Ratify RSM US LLP as independent auditor for 2025. Board Recommendation: For</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>OTHER</categoryType>
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    <voteCategories>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.</voteOtherInfo>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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    <meetingDate>05/23/2025</meetingDate>
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    <voteCategories>
      <voteCategory>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.</voteOtherInfo>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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    <meetingDate>05/23/2025</meetingDate>
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    <voteCategories>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.</voteOtherInfo>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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    <meetingDate>05/23/2025</meetingDate>
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    <voteCategories>
      <voteCategory>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.</voteOtherInfo>
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  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
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    <meetingDate>05/23/2025</meetingDate>
    <voteDescription>Election of Director: John P. Pitstick Board Recommendation: For</voteDescription>
    <voteCategories>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.</voteOtherInfo>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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    <meetingDate>05/23/2025</meetingDate>
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    <voteCategories>
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        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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    <voteCategories>
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        <managementRecommendation>FOR</managementRecommendation>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.</voteOtherInfo>
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  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
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        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
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      <voteCategory>
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        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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    <voteCategories>
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        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Velocity Financial, Inc.</issuerName>
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        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Velocity Financial, Inc.</issuerName>
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    <meetingDate>05/23/2025</meetingDate>
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      <voteCategory>
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        <managementRecommendation>FOR</managementRecommendation>
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    <voteOtherInfo>SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P.</voteOtherInfo>
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