IPR.VC closes IPR.VC Fund II at 65 million to invest in Media and Entertainment
IPR.VC is pleased to announce that it has raised a total of EUR 65m at the final closing of IPR.VC Fund II. The Fund invests in film and TV in European and Northern American companies and production slates. The investments are done with selected strategic partners that include growing film and TV studios, distribution partners, and content immaterial rights developers.
The Fund received commitments from a diverse base of Finnish institutional investors, including private and public pension and unemployment funds, Tesi, KRR Fund-of Fund, family offices, foundations, and IPR.VC Fund managers.
The effects of the corona crisis on our fund’s field of activity, the TV and film sector, are positive due to the growth of streaming services and the growing demand for content.
The IPR.VC team is comprised of different backgrounds and long experience in the media and investment industries. IPR.VC has previously backed companies including U.S. genre specialist XYZ Films and Nordic animation firm Gigglebug Entertainment.
Helsinki-based alternative investments fund manager IPR.VC is founded in 2014. It is currently managing two funds. The management company is owned by its managers.