Illinois
11 November 2016
Reporter: Barney Dixon
Hilco Global launches new IP financing division
Financial services company Hilco Global has launched a new operating company, Hilco IP Merchant Banking, with Michael Friedman acting as CEO.

Friedman, a specialist in IP finance and investing, previously worked at Ocean Tomo where he advised on and managed dozens of multi-million-dollar IP transactions.

Friedman said the new company “will be focused on three critical areas within the intellectual property space, which will include financial and technology advisory services, proprietary intellectual property investing, and a dedicated team of monetisation experts to sell and license these valuable assets”.

The new division is one of more than 20 operating companies within the Hilco Global portfolio.

Jeffrey Hecktman, CEO of Hilco Global, said: “Hilco IP Merchant Banking adds a unique and critical capability to our current suite of valuation, monetization and advisory solutions.”

“This sector requires a unique and highly specialised skillset that will complement our current intellectual property capabilities in trademarks, domains and IP addresses.”

Joining Friedman at the new company will be John Veschi, who will act as COO, Gillian McColgan who will act as chief technology office, and Afzal Dean as chief licensing officer.

All three have had previous leadership positions at Rockstar and Nortel IP.

More Industry news
The latest news from IPPro The Internet
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
UKIPO ‘working hard’ to push IP issues in Brexit negotiations
16 March 2017 | London | Reporter: Barney Dixon
The UK Intellectual Property Office is working hard to push intellectual property issues to the forefront of Brexit negotiations, attendees heard at the Chartered Institute of Trade Mark Attorneys Spring Conference in London
UKIPO launches study of IP enforcement framework
13 March 2017 | London | Reporter: Barney Dixon
The UK Intellectual Property Office (UKIPO) is soliciting bids for research into the effectiveness of the UK’s IP enforcement framework
More to be done for digital sectors, says UK government
03 March 2017 | London | Reporter: Barney Dixon
The UK’s digital sectors contributed £118 billion to the economy in 2015, but there is more still to be done, according to a new policy paper from the government
IP experts launch group dedicated to education
20 February 2017 | New York | Reporter: Barney Dixon
Experts have launched a new non-profit organisation aimed at promoting understanding of the importance and value of intellectual property
IP trade group singles out Canada
17 February 2017 | Washington DC | Reporter: Barney Dixon
The International Intellectual Property Alliance has named 16 countries, including Canada, that should be placed on the US Trade Representative’s annual list that names and shames jurisdictions that fail to protect US IP
Infringement could have $4.2 trillion impact in five years
07 February 2017 | Hong Kong | Reporter: Barney Dixon
Counterfeiting and piracy could cost $4.2 trillion globally by 2022, according to a new report...
Paragon acquires majority stake in Novagraaf
03 February 2017 | Munich | Reporter: Barney Dixon
Private equity firm Paragon Partners has bought a majority stake in international patent and trademark consultancy Novagraaf.