David Ruder Authors Book on Intellectual Property Investing

Frederick, MD, April 02, 2008 --(PR.com)-- Beard Group is proud to announce the release of "Strategies for Investing in Intellectual Property" written by investment banker and lawyer David S. Ruder.

Beard Books' latest title gives an overview of investment strategies into intellectual property assets of all forms (patents, copyrights, trademarks, trade secrets, and other rights), and aims to be an invaluable introduction to the subject for all types of investors, from private equity and venture capital investors looking at private deals to hedge fund and mutual fund investors looking at public market opportunities.

This book is also of particular help to corporate and intellectual property lawyers who want to understand current trends relating to intellectual property investing.

Among the topics covered are: accounting and valuation, intellectual property analytics, equity investment strategies, arbitrage, and securitization. The book also provides guidance as to why intellectual property assets continue to be of interest to investors, how investors might establish investment criteria, and provides some commentary as to whether intellectual property should be viewed as a discrete asset class.

G. Chris Andersen, Founder/Partner of G.C. Andersen Partners, LLC says that "David Ruder well addresses what many financiers have come to know about the ever-growing importance of IP in the investment, valuation, and operation of contemporary business. The book provides a valuable tutorial for businesspeople, entrepreneurs, analysts, and dealmakers seeking to better understand, with clear examples, the components of different IP categories and their value-creating applications."

Kirkland & Ellis partner Seth Traxler comments that "This book provides an excellent framework for understanding many of the opportunities that sophisticated investors are finding in the legal constructs known as 'intellectual property.' The real-world examples of advanced techniques will be useful to hedge funds, private equity firms, and venture capital firms that are creating or evaluating IP-driven investment strategies."

David S. Ruder has been working with intellectual property investment issues throughout his career as an investment banker, attorney, and intellectual property entrepreneur.

In 2007, he established Terrier IP Investments, LLC, a private investment firm focused on intellectual property-based investments in firms backed by private equity and venture capital.

He began his career working as an investment banker on Wall Street, helping companies in the consumer and entertainment sectors raise capital or engage in M&A transactions. Based on early exposure to intellectual property issues, he went on to receive a JD/MBA from Northwestern University with concentrations in technology and intellectual property. He practiced law for Kirkland & Ellis, working on intellectual property transactions including patent licenses, and software development agreements. He also performed IP due diligence for private equity clients who would purchase companies or assets with IP portfolios.

Upon seeing increased interest in intellectual property from the investment community, he co-founded River West Brands LLC, where he pioneered a method for acquiring and licensing dormant consumer brand intellectual property. He completed transactions with several Fortune 500 companies in the consumer sector relating to the sale, licensing, and acquisition of brand intellectual property assets. Example transactions include the acquisition of the Nuprin brand of ibuprofen from Bristol-Myers and the later sale of the brand to CVS Corporation; the acquisition of intellectual property relating to the COLECO video game brand; and the acquisition of the Soho Natural Soda brand and its license to Arizona Beverage Co. While at River West, David formed a strategic alliance with Ocean Tomo, LLC, which was then a startup intellectual capital merchant bank. He helped form Ocean Tomo's M&A advisory practice, which was focused on advising companies how to position their patent portfolios and other IP assets in the context of raising financing or forming joint ventures.

David is also a co-founder of Adaptive Alpha LLC, which is a research and development company focused on developing inventions and understanding risk in the asset management industry. Adaptive Alpha has authored several papers and has begun building a patent portfolio around its work.

###