IPR.VC launches its largest film and tv content fund of €100m and strengthens executive team as Andrea Scarso joins as London-based partner
Fund management company IPR.VC Management announced the first closing of its largest film and television production financing fund to date (IPR.VC Fund III), along with the appointment of renowned entertainment financier Andrea Scarso to the company’s executive team as Partner and Investment Director.
Established and head quartered in Finland since 2015, IPR.VC has to date raised €150 million from institutional investors, pension funds, family offices and non-profit sector investors through three content funds (launched in 2015, 2019 and 2023) – over half of which has already been allocated against film and television projects in Europe and the US.
Over this time, the company has moved from an initial phase of investment in Nordic scripted projects including Netflix hit Bordertown, to in recent years establishing strategic long-term slate-wide partnerships with acclaimed US and European film and television producers including A24, XYZ Films and leading European animation studio Gigglebug. In total to date IPR.VC has financed 35 productions across film and television.
IPR.VC Fund III is the company’s most ambitious to date, and with the majority of the targeted €100M secured, investments are already underway with IPR.VC continuing to target slate-wide content collaborations by company.
IPR.VC also announced the appointment of Andrea Scarso to the role of Investment Director and Partner further bolstering its executive team.
Based in the company’s London office, Scarso joins with over fifteen years’ experience in media and entertainment financing, including the sourcing and evaluating of projects, running of commercial negotiations, and managing of all aspects of film and television projects’ production and exploitation.
Most recently Scarso served as Senior Investment Director at Ingenious Media, where for over a decade he represented the company in deals for studio and independent projects – including Oscar-winning films Judy, Selma and The Descendants; Oscar-nominated films 127 Hours, Carol and Brooklyn; the multi-award-winning and box office hit Life of Pi and five films in the long-running X-Men franchise. To date, Scarso has been involved in over 250 film and television financing deals and is credited as Executive Producer on over 45 projects, including recent indie films like The Duke, The Lost King, Emily, and Oliver Stone’s docuseries JFK: Destiny Betrayed.
Timo Argillander, IPR.VC co-Founder and Managing Partner said: “Whilst industry models may change, we believe strongly in the enduring value of premium film and television content, in being a supportive partner for creatives and a trusted conduit to production for blue chip investors. With our most ambitious fund to date, and one of the most experienced, respected and connected entertainment financiers in the business in Andrea joining the team, we could not be better placed to further evolve our investment strategy, and identify further projects and long-term slate-led partnerships that deliver for all parties.”
“I am thrilled to have the incredible opportunity to join IPR.VC and be part of this exceptional team,” added Andrea Scarso. “In recent years, IPR.VC has become a major player in the industry, building successful relationships with big names, injecting much-needed capital into the market and fuelling the creation of many film and TV projects. I look forward to working with Timo and the rest of the team to help shape the company’s future strategy, forge new long-term partnerships and keep the growth story going.”
Further information
Patrick Keegan, pk-consults patrick@pk-consults.com
Timo Argillander, IPR.VC timo@ipr.vc
Editors Notes
IPR.VC manages investment funds that finance content production in the media and entertainment industry. The parent company IPR.VC Management Oy was founded in 2014 with the first of three funds launched in 2015. IPR.VC is regulated along EU alternative investment fund manager (AIFM) regulations by the Finnish Financial Supervision authority with offices in Helsinki and London.