The only event of its kind in the UK, the PFM brings together producers and major financiers not only from the UK but Europe and the rest of the world.
Last year financiers attending the event considered almost 150 projects with a total value of $1.2 bn. Previous participants have included hedge fund financiers, equity investors, studios such as Miramax, Universal, Paramount, broadcasters such as BBC as well as sales agents and distributors.
The funding received by producers ranged from distribution advances, equity and tax finance to development funding.
Speaking to Screen International Adrian Wootton, chief executive of Film London said: 'In a world where bank financing is shrinking, it makes things tougher particularly for independent producers who are trying to find financing.'
He referred to the recent closure of Bank of Ireland's film finance divisions in London and LA. 'Bank of Ireland was one of the last bastions providing gap financing but we think there is still money to be found elsewhere, ' he said.The PFM is being held in association with The Times BFI 53rd London Film Festival