fund firm PSI Capital Management and
asset manager Quest Patent Research
Corporation (QPRC) have teamed up to
start a new patent asset hedge fund, HedgeCo.Net
reports. QPRC will oversee researching, selecting and
monitoring investments for Patent Strategies I Fund
while PSI will control all operations.
president Jon Scahill and PSI
owner Joby Hughes will be the principals
of the joint venture. The New York-based fund is seeking
interests in patent assets and generating revenues from
licensing activities relating to patent assets.
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