In our report last year Maximizing Intellectual Property and Intangible Assets: Case Studies in Intangible Asset Finance, we mentioned the patent fund partnership between Deutsche Bank (DB) and IP Bewertungs AG which manages three funds totaling more than 150 million euros. The funds buy patents and then works to further incubate the technologies with the goal of commercialization.
Now comes word that IP Bewertungs has filed for bankruptcy -- see IP finance: IP Bewertung - RIP. Joff Wild at IAM Blog also has comments at Pioneering German patent fund business files for bankruptcy.
As both postings point out, it is the technical advisor to the fund, IP Bewertungs, that has filed -- not the funds themselves. So the business model of buy and incubate may still be in place. But the bankruptcy does point out how difficult that strategy is.