Management Team
PSI Capital Management, LLC, a newly formed Delaware limited liability company, has been created to identify, select and manage direct and indirect investments in desirable IPA.
The management team of PSI Capital Management, LLC is led by principals Jon C. Scahill and Joby A. Hughes.
Joby A. Hughes
Principal
Mr. Hughes is a registered patent attorney and former trial attorney with several first-chair IP jury trials successfully taken to verdict. He has successfully tried patent, trademark, trade dress, copyright, trade secret, and commercial litigation cases arising out of licenses and other technology-related agreements. Examples of the technical subject matter of the cases are business and engineering software, hardware, oil and gas tools, chemical plant control systems, analytical methods and a variety of mechanical devices. Beginning in 1996, he was CEO and founder of Litigation Risk Management, Inc. (“LRM”), a company that applied cutting edge proprietary techniques developed by him to successfully analyze intellectual property risk for Lloyd’s of London underwriters. LRM was acquired in 2002 by Marsh & McLennan, whereby Mr. Hughes served as Senior Vice President in charge of Intellectual Asset Management for the company until 2004.
In 2004-2005, Mr. Hughes co-founded Altitude Capital Partners (“ACP”), a private investment firm focused on acquiring interests in IP assets. After taking part in capital raising and several initial investments, he left ACP in 2006 to focus more on the active management of IP assets and a return to the private practice of law.
Mr. Hughes’ law practice is now centered on activities related to intellectual property transactions and management. These activities include identifying, structuring deals for, performing and coordinating diligence for, developing monetization strategies for, managing (including managing litigation), and selling intellectual property assets.
Mr. Hughes holds a B.S. ChE from Mississippi State University (1983) and a J.D. from University of Texas Law School (1989).
Jon C. Scahill
Principal
Mr. Scahill is the President and COO of QPRC, a publicly traded IP asset management firm based in New York City. QPRC partners with owners of valuable IP assets and assists in the management and monetization of those assets through commercialization and licensure.
Beginning in 2004 as CEO and founder of Urban-Rigney and continuing since its merger with QPRC in 2007, Mr. Scahill has successfully managed strategy development, commercialization, financing, licensing and sale of IP assets for joint ventures, individual patent holders, hedge funds and major research universities. Examples of technologies engaged are computer software and hardware, internet and wireless technologies, consumer products, medical devices and packaging solutions. Prior to establishing Urban-Rigney, Mr. Scahill held various positions in New Business Development, Technical Management, Product Development and Operations Management.
Mr. Scahill holds a B.S. ChE from the University of Rochester and an MBA in Finance, Strategy and Operations from The Simon Graduate School of Business at the University of Rochester.
Peter J. Gerken
Head of Business Development
During the course of his career, Mr. Gerken has spent 30 years on both the company (AIG and W.R. Berkley) as well as the broking side of commercial insurance.
While a Marketing Director at Monitor Liability Managers, a Managing General Agency, he began to learn and then specialize in intellectual property (IP). Mr. Gerken joined Marsh in 1999 to focus on IP, heading the Intellectual Property Practice. He advised clients as well as Marsh colleagues about intellectual property issues, risk, monetization and other opportunities. In the course of his duties, he designed and implemented IP risk transfer and insurance solutions for clients.
Subsequent to Marsh, Mr. Gerken did deal sourcing, business development and marketing for Altitude Capital Partners, an investment firm specializing in intellectual property. Based in New York City, he called on mid to large-sized regional and national law firms in particular with offices in the Northeast corridor. Dealing principally but not exclusively with IP attorneys, he delivered Altitude’s value proposition as a source of capital, both equity and debt based, for IP acquisition and monetization. Mr. Gerken also worked directly with patent owners, as well as calling on University Tech Transfer operations.
Within the insurance industry Mr. Gerken is recognized as an expert in intellectual property and intangible assets.
He holds an MBA in Management from Bernard Baruch College, the CPCU insurance designation, and is a member of the Licensing Executives Society.
John Nuber
Functioning as Director of Asset Acquisition at Quest Patent Research Corporation, Mr. Nuber brings with him a unique set of skills developed in a dynamic asset acquisition environment focused on value, risk management, and focused analytics. Prior to QPRC, working as a Senior Equity Trader on Wall Street, Mr. Nuber was responsible for proprietary research, trade execution and risk analysis. He was also responsible for managing a trading group based out of Hoboken, NJ. He graduated with honors, earning a B.A. in Economics and Political Science from Colgate University.
Julian Hale
Mr. Hale serves as Director of Business Development for Quest Patent Research Corporation. He brings ten years of business development and sales management experience. Prior to joining QPRC, Mr. Hale headed Regional Business Development for a Fortune 500 medical device company. He has been recognized with numerous high profile awards including President’s Club and Sales Representative of the Year.
Julian received his BA in Biology from the University of Rochester and MBA in Finance from Wagner College.