Andrea Scarso, a well-established leisure financier who beforehand labored at Ingenious Media, has joined the fund administration firm IPR.VC.

IPR.VC has simply raised almost €100 million ($109 million) in its third funding spherical and will likely be investing additional in content material beneath the management of Scarso, who’s becoming a member of the banner as accomplice and funding director.

The firm, launched in 2015 and primarily based in Finland, has thus far raised €150 million from a broad vary of traders. Half of the funds have already been allotted to 35 movie and TV productions in Europe and the U.S.

IPR.VC initially centered its funding on Nordic scripted tasks, together with the Netflix hit collection “Bordertown,” and went on to ascertain strategic partnerships with U.S. and worldwide banners resembling A24, XYZ Films and the animation studio Gigglebug.

Based within the firm’s London workplace, Scarso has an extended expertise in media and leisure financing, together with the sourcing and evaluating of tasks, operating of economic negotiations, and managing of all facets of movie and TV tasks’ manufacturing and distribution.

Scarso most just lately served as senior funding director at Ingenious Media, the place he labored on greater than 200 offers for studio and unbiased tasks, together with Oscar-winning movies “Judy,” “Selma” and “The Descendants,” in addition to Oscar-nominated movies “127 Hours,” “Carol” and “Brooklyn; “Life of Pi” and 5 movies within the “X-Men” franchise.

“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,” mentioned Timo Argillander, IPR.VC co-founder and managing accomplice. “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,” Argillander continued.

Scarso, in the meantime, mentioned IPR.VC has grow to be “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.”