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Message: From GoLocalProv by Kate Nagle, GoLocalProv News Editor: The closing of Nabsys, first reported by GoLocalProv, is likely to cost the state’s Slater Fund about $1 million and may have an impact on the Rhode Island pension fund. Nabsys, LLC received over $40 million -- including millions in investment and loans from both Rhode Island’s Slater Fund and Governor Gina Raimondo’s venture fund Point Judith in multiple rounds. Nabsys closed after it failed to find a a merger partner or acquirer say sources. http://www.golocalprov.comhttp://beta.golocalprov.com/raimondos-venture-fund-and-state-likely-to-lose-millions-in-nabsys-closing