IPSLB Fund

` IPSLB Fund

Capital Partners

Duff & Phelps Capital Partners (“DuffCap”) and its affiliates seek to purchase and consolidate portfolios of technology-based patent assets. On a field-of-use basis for a fixed term and fixed amount, DuffCap will license-back those rights needed by the original patent owner to continue to operate. Once sufficient patent assets have been acquired, DuffCap will out-license the portfolio to third parties on a non-discriminatory basis, sharing a portion of any royalties collected with contributing patent owners. Such arrangements are generally referred to as Intellectual Property Sale/License-Back or “IP S/LB” transactions.

D&P seeks primarily to purchase technology-based patent assets from industry-diversified companies. Acquired IP is expected to initially consist of electrical components, coatings, optics, manufacturing processes, software, financial business methods and consumer product technology. Each transaction will generally involve an initial purchase price in excess of $25 Million with an expected purchase price per transaction of approximately $50 Million to $100 Million or more.

IP Sale/License-Back transactions “Unlock The Value”^TM of these assets. The benefits of IP S/LB transactions are both strategic and economic including the following:

•	IP S/LB transactions provide access to third party licensing income that may otherwise be unavailable and with less risk.

•	IP S/LB transactions provide financial liquidity at rates less than any alternative source of capital and with greater reporting accuracy and transparency.

•	IP S/LB transactions enhance returns in strategic or financial (i.e. private equity) acquisitions or joint ventures.

•	IP S/LB transactions provide creative means to patent dispute resolution.

•	IP S/LB transactions further support existing IAM efforts including patent donation and transfer pricing (“IAM” refers generally to Intellectual Asset Management).

Experts predict that patent licensing is still only in its infancy likely to top a half-trillion dollars each year by the end of the decade. Firms that ignore the importance of these assets will face a growing competitive disadvantage.

D&P has rights to a series of business method patent applications of its Principals that date back to January of 1999. The former Under-Secretary of Commerce and Commissioner of the U.S. Patent and Trademark Office, the Honorable Bruce Lehman, is a member of DuffCap's Advisory Board and advises the firm on these matters.

$1 Billion of pledged capital

Advisors include former Commissioner, US Patent & Trademark Office

Advisors include former Commissioner, US Securities and Exchange Commission

Patent pending investment strategy


	James E. Malackowski E-mail: Phone: (312) 327-4410


	Douglas Elliott E-mail: Phone: (312) 697-4638


	Jonathan H. Webb E-mail: Phone: (312) 697-4624