Thilo Kleine joins VIP Medienfonds

Veteran German TV producer named co-managing director

COLOGNE, Germany -- Veteran TV producer Thilo Kleine has been named co-managing director at VIP Medienfonds joining Tilo Seiffert to run the German private equity fund.

VIP has invested nearly $1 billion in over 50 feature films since its founding in 1989, including Tom Tykwer's "Perfume: The Story of a Murderer," Paul Verhoeven's "Black Book" and Todd Haynes' Bob Dylan biopic "I'm Not There."

But when German tax authorities took aim at the country's film funds, VIP, the largest private fund, became a poster child for corporate malfeasance. One of the fund's founders, Andreas Schmidt, was imprisoned for tax evasion and other crimes.

Since then, VIP has gone through several bosses. Seiffert took up the reigns last year, replacing Thierry Potok. Potok in turn took over in 2008 from Peter H. Riedel, who replaced Dirk Specht and held the job for less than a year.
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