Update on German patent funds

Update from Joff Wild at IAM blog on the status of the Deutsche Bank IP funds (see earlier posting):

Although IP Bewertung (IPB) has filed for bankruptcy, I understand that the patent funds it managed on behalf of Deutsche Bank are still operating and are now under the control of a Munich-based boutique called Clou Partners. This has been around for 10 years and specialises in intangibles. I am told that it was Clou that first came up with the idea for the funds and it received just over 5% of the €200 million that they raised. It is now Clou's job to turn that investment into profit - something that IPB clearly found very tricky.