Upfront Ventures leads $2 mln seed funding in Ferris

Upfront Ventures has led a $2 million seed funding round in Ferris, a mobile video company. Allen DeBevoise, founder of Machinima, also participated in the round. Mark Suster, managing partner of Upfront Ventures, joined the board of directors.


Riverside Company adds-on C-Learning

The Riverside Company has added-on e-learning course developer C-Learning to its platform company Learning Seat. The investment will provide new technical capabilities, content development expertise and customers to Learning Seat, which provides online courses, training tools and other resources.


Steve Cohen’s family office, Point72, hires Michael Zea

Steve Cohen’s family office, Point72 Asset Management, has hired Michael Zea as chief of strategy. Zea will lead Point72’s exploration of new investment areas for deploying the family office’s surplus capital. Prior to Point72, Zea worked as executive vice president at Aimia Inc, a data-driven marketing analytics company. Prior to Aimia, he was a partner at McKinsey & Co.

ORIX USA hires Prospect Capital exec on leveraged finance team

ORIX USA has hired Ben Harris as a director focused on business development on the leveraged finance team. Prior to ORIX USA, Harris worked at Prospect Capital and before that, worked in the sponsor finance unit of Bank of America Merrill Lynch and Arcapita’s private equity group.

Blue Point Capital hires Red Ventures exec as principal

Blue Point Capital Partners has hired Brian Castleberry as a principal in the Charlotte office. He was most recently a vice president at Red Ventures. He previously worked as a vice president at Blue Point. The firm also promoted Jeff Robich and Ben Newman to vice president roles.

Investec Bank leads $84 mln funding in Jimubox

Investec Bank has led an $84 million Series C funding in Jimubox, a Chinese peer-to-peer lending platform based in Beijing. Haitong Kaiyuan Investment Co co-invested alongside Investec. Other participants in the funding include new investors Mandra Capital and Zhong Capital Fund. Existing investors Matrix China Partners, Xiaomi, Shunwei Capital Internet Fund, Ventech China and Magic Stone Alternative also participated in the funding round.


PSP Investments invests in New Mountain-backed AmWINS

Canada’s Public Sector Pension Investment Board has invested in AmWINS Group, a global distributor of specialty insurance products and services. The investment values AmWINS at an enterprise value of more than $2.3 billion. AmWINS is now equally owned by PSP Investments, New Mountain Capital and more than 400 AmWINS employees.


Bamboo Finance raises $31 mln for investments in low income communities

Bamboo Finance has held a first close on $31 million for its second fund that invests in financial institutions that target areas excluded from global financial services. Bamboo Financial Inclusion Fund II, which received commitments from TIAA-CREF, invests in financial institutions that target micro-enterprises, SMEs, low income segments and mobile money operators primarily in Africa, the Middle East, Asia and Latin America.

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