Finitive launches IP finance group
New York-based Finitive, a private credit marketplace connecting borrowers with institutional investors, is bringing on Joshua Meltzer as Managing Director and head of the firm’s newly formed Intellectual Property (IP) Finance Group.
The group – which will focus on IP litigation funding, IP-based lending and royalty finance, among several other types of IP investment – will broadly pursue situations where Finitive’s technology and extensive investor network can lower transaction costs and unlock value to market participants. Potential transactions include syndication of existing portfolios of IP assets, IP-backed credit facilities and implementation of unique risk transfer solutions.
Prior to joining Finitive, Joshua was Managing Director, US for London-based investment firm Woodsford Group, where he co-launched its US operations. Previously, he launched the litigation funding business at Rembrandt IP Management, an IP-focused investment company. He also held licensing and strategy roles at Intellectual Ventures Management. Earlier in his career, he was a partner at Foster Chamberlain, which works with large companies and research labs to commercialise new technologies and launch spin-off ventures. He also held multiple roles at General Electric and GE Capital spanning private equity, structured finance, investments and operations.