Carlyle third U.S. CLO closes at $505 mln

By Luisa Beltran — 5 days ago

Carlyle Group said Sept. 21 that its third collateralized loan obligation fund in the U.S. closed with approximately $505 million. Citigroup arranged the CLO. Carlyle GMS CLO 2016-3 will invest predominantly in senior secured bank loans.

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Rev1 and Nationwide Children’s unveil $5.5 mln fund

By Iris Dorbian — 6 days ago

Rev1Ventures has partnered with Nationwide Children’s Hospital to launch a $5.5 million life sciences fund. Rev1 NCH Fund I will focus on backing healthcare spinouts from The Research Institute at Nationwide Children’s. The Ohio Third Frontier Pre-Seed/Seed Plus Fund Capitalization Program provided a $2.75 million loan for the fund.

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Mindset Ventures and Microsoft to back 10 startups

By Iris Dorbian — 6 days ago

Brazilian investment firm Mindset Ventures has teamed up with Microsoft to back 10 international startups. The initiative will target graduates of the Microsoft Accelerator program from Tel Aviv and Seattle. The partnership will invest between $100,000 and $150,00 in the selected startups that will be announced next month. Mindset will focus on startups that have “market potential in Brazil.

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