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Article: Perot Investments is Principal Investor in First-Ever Intellectual Property Private Equity Fund; Ocean Tomo Capital Fund Will Provide Debt and Equity to Promising Companies with Undervalued Intellectual Property Assets.
- Article from:
- Business Wire
- Article date:
- August 10, 2005
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CHICAGO -- Ocean Tomo, LLC, a merchant banking firm focusing on intellectual property assets, has announced the first investment fund to provide private equity capital and mezzanine debt to companies with undervalued Intellectual Property ("IP") rights, including patents and trademarks. Perot Investments, Inc., a Dallas investment company founded by Ross Perot, is the principal investor in the $200 million fund. Ocean Tomo, which is managing the fund, also is an investor.
The Ocean Tomo Capital Fund will issue private debt and make equity investments at competitive rates to qualified middle-market operating companies that are generating revenues of approximately ...