Fundraising

Daily updates on funding activities, investments, divestitures and more.

Fundraising

110 Articles

Bloomberg Law on Historic ‘Secondary Deal Fund’ Landing $750M 

By John Freund |

Bloomberg Law profiles Ashley Keller and Adam Gerchen as serial law entrepreneurs who have now raised $750M to fund the first secondary transaction litigation fund. Six years ago, Mr. Keller and Mr. Gerchen made headlines by selling their litigation finance firm for upwards of $160M to Burford Capital. Bloomberg Law reports that the secondary deal landscape for litigation finance is in its infancy. News of Keller and Gerchen’s new secondary market fund (under the banner of Gerchen Capital Partners) is being viewed as a signal of the maturing nature of litigation investment broadly. 

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Litigation Capital Management Limited (“LCM” or the “Company”): Interim results for the half year ended 31 December 2021

By John Freund |

Litigation Capital Management Limited (AIM:LIT), a leading international alternative asset manager of disputes financing solutions, is pleased to announce its unaudited interim results for the half year ended 31 December 2021, delivering a significant improvement on the prior year.

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Siltstone Capital Raises New Litigation Finance Fund To Invest In Patent, Energy & Commercial Opportunities.

By John Freund |

Siltstone Capital, LLC (“Siltstone”), a Houston, Texas based investment and advisory firm, announced the successful closing of SC Litigation SPV, LP (the “Fund”). Siltstone, through its subsidiary Litigo Financial, LLC (“Litigo”), will invest in commercial, patent, technology, and other business litigation finance opportunities that the firm sees on an increasing basis.

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LegalPay Banks Pre-Series A

By John Freund |

Alternative investment hedge fund Hedona has joined LegalPay’s extended Pre-Series A offering. Based in India, LegalPay’s FinTech platform offers users alternative investment solutions specializing in legal insolvency and legal debt…

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LexShares Raises $100 Million Litigation Finance Fund

By John Freund |

 LexShares, a tech-enabled leader in litigation finance, today announced the oversubscribed closing of LexShares Marketplace Fund II (LMFII), a $100 million fund dedicated to investments in commercial legal claims. LexShares’ deployment of the fund will be overseen by new chief executive officer, Cayse Llorens, who joined the firm’s senior leadership team in 2021.

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