Summerwood Capital Corp. manages the Fairwind Currency Fund LP and is the portfolio advisor to the Greening Canada Fund L.P.
Corporations are beginning to realize that their intellectual property is a vastly underutilized and undervalued asset on their financial statements. Indeed, it’s been estimated that up to 80% of corporate net worth is in the form of ‘intangible’ assets. A large part of this is often tied to intellectual property.
Summerwood is capitalizing on this perception gap by developing funds that specialize in securitizing intellectual property. Because this asset class has been systematically undervalued, opportunities exist to capture very attractive excess returns that are not correlated to traditional market risks. Summerwood will apply the hedge fund model to intellectual property while it is still in its early days and still offering the potential for high returns. The Summerwood TV Production Fund, targeted for launch in Spring 2011, is an example of this innovative and new thinking.
There is a widespread understanding of the link between greenhouse gas emissions and global warming. Governments, emitters and non-regulated emitters with voluntary goals are recognizing that the capital markets can provide a solution. As a result, futures markets and cash markets in tradable emissions are developing around the globe. Summerwood and Green Power Action Inc. are leaders in providing Canadian corporations with innovative solutions to carbon footprint management, including fund-based solutions. Phil Schmitt is a co-founder and principal of Green Power Action, the manager of the innovative Greening Canada Fund L.P.
Corporations are beginning to realize that their intellectual property is a vastly underutilized and undervalued asset on their financial statements. Indeed, it’s been estimated that up to 80% of corporate net worth is in the form of ‘intangible’ assets. A large part of this is often tied to intellectual property.Summerwood is capitalizing on this perception gap by developing funds that specialize in securitizing intellectual property. Because this asset class has been systematically undervalued, opportunities exist to capture very attractive excess returns that are not correlated to traditional market risks. Summerwood will apply the hedge fund model to intellectual property while it is still in its early days and still offering the potential for high returns. The Summerwood TV Production Fund, targeted for launch in Spring 2011, is an example of this innovative and new thinking.
There is a widespread understanding of the link between greenhouse gas emissions and global warming. Governments, emitters and non-regulated emitters with voluntary goals are recognizing that the capital markets can provide a solution. As a result, futures markets and cash markets in tradable emissions are developing around the globe. Summerwood and Green Power Action Inc. are leaders in providing Canadian corporations with innovative solutions to carbon footprint management, including fund-based solutions. Phil Schmitt is a co-founder and principal of Green Power Action, the manager of the innovative Greening Canada Fund L.P.