Thierry Potok, the head of private German media fund VIP Medienfonds, is returning to producing after almost a year in the role.

He will be replaced by Tilo Seiffert, who has been running a VIP division since September 2007. Potok will continue to act as an advisor to the fund.

Potok will now return to producing through his company Polaris Film Production and Finance, which co-produced Julie Delpy’s internationally successful Two Days In Paris.

Since being founded in 1989, the VIP Group had invested around $1bn (€75.2m) in over 50 film projects including the Oscar-winning Monster, Tom Tykwer’s Perfume: The Story Of A Murderer, Todd Haynes’ I’m Not There and Taylor Hackford’s Love Ranch.