Hedge 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.

QPRC 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.

For the complete story, click here.

For additional coverage, click here.



Read More: PSI Capital Management · Quest Patent Research Corporation · Jon Scahill · Joby Hughes