Ocean Tomo Launches IP Private Equity Fund

Law360, New York (August 9, 2005, 12:00 AM EDT) -- Merchant bank Ocean Tomo has launched an investment fund to provide private equity capital and mezzanine debt to companies with undervalued intellectual property rights, including patents and trademarks.

The bank said the Ocean Tomo Capital Fund, the first of its kind, has already attracted $200 million. Perot Investments, Inc., a Dallas investment company founded by Ross Perot, is the principal investor in the fund.

Ocean Tomo, a merchant banking firm focusing on intellectual property assets, also is an investor, in addition to its role as manager...
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