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Community Spotlight: Gabriel Pardo Lelo de Larrea, Founder & CEO, RIDER Litigation Finance

By John Freund |
December 11, 2024

Community Spotlight: Gabriel Pardo Lelo de Larrea, Founder & CEO, RIDER Litigation Finance

Gabriel Pardo Lelo de Larrea—a Mexican lawyer with international experience, business executive, and entrepreneur—has come up with a technological solution that aims to transform the litigation funding space by streamlining and optimizing the traditionally time-consuming funding process.

With a Law Degree from Mexico’s prestigious Universidad Panamericana, a Business Degree from IPADE Business School, and a Master’s in Finance from Duke University, Gabriel brings extensive expertise in arbitration, capital raising, private equity, and litigation finance. Recognizing a critical gap in the industry, he designed a democratized, efficient platform that empowers investors of all sizes to participate while providing owners of legal rights, across a broader spectrum of claim values, with accessible funding opportunities.

Company Name:   RIDER LITIGATION FINANCE, L.L.C.

Company Description:  Built on proprietary technology, RIDER’s automated and efficient processes address a critical need: simplifying and expediting deal sourcing, closing, and post-closing updates. Acting as a matchmaker within its carefully curated network, RIDER connects claimholders, law firms, and investors already registered on its platform.

By democratizing litigation funding, RIDER makes the industry accessible to investors of all sizes while empowering claimholders with large, medium, and smaller-scale claims to secure the financial support they need. This disruptive model expands the litigation finance ecosystem, delivering fairness and efficiency to all stakeholders. RIDER serves as the ultimate dealmaker enabler on a global scale.

  1. Tailored Applications: RIDER meticulously prepares Funding Applications in a format funders prefer, presenting key financial and material aspects with clarity and precision.
  2. Rigorous Filtering: We pre-select cases with a high likelihood of success, backed by double Legal Opinions, ensuring funders are presented with only the most compelling opportunities.
  3. Aligned Expectations: Before negotiations begin, all stakeholders are fully informed about financial expectations and other critical terms, fostering transparency and reducing delays.
  4. Streamlined Negotiations: RIDER’s assistance during negotiations accelerates agreement finalization, providing funders and claim holders with a seamless experience.

Year Founded:   2022, Launching Operations in November 2024.

Headquarters:  Mexico City, although with Global reach.

Area of the Company:   Founder & CEO

Member Quote:   “Democratizing Justice, Empowering Investment on a Global scale”.

About the author

John Freund

John Freund

Commercial

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Commercial Special Features

Smarter Intake for Litigation Finance Firms

By Eric Schurke |

The following piece was contributed by Eric Schurke, CEO, North America at Moneypenny.

From the very first interaction, litigation finance firms and legal teams should be capturing structured, decision-ready information that enables early case assessment, risk evaluation, and efficient routing. 

This typically includes:

• Who the potential claimant or referrer is and their preferred method of communication
• The context of the matter, including jurisdiction and type of claim
• The stage, urgency, and timeline of the case
• Key parties involved and any relevant documentation
• How the opportunity originated

When captured consistently, this information allows for faster triage, more effective screening, and quicker progression from initial enquiry to investment decision. 

What are the most common mistakes organizations make when handling inbound investment or M&A inquiries?

In litigation finance, the most common mistakes are operational but they have direct commercial and reputational consequences:

1. Slow response times
Prospective clients often contact multiple firms at once. Delays can signal lack of availability or interest.

2. Unstructured information capture
Inquiries can come in over the phone, through email, website forms and LinkedIn, resulting in fragmented or incomplete information.

3. Over-automation or under-humanization
Generic automated responses can feel impersonal, while entirely manual processes create inconsistency and delays.

4. Poor routing and follow-up
Without clear ownership, communications can sit in inboxes or be passed between teams meaning opportunities can stall or be lost internally.

Ultimately, the biggest mistake is treating first contact as administrative rather than strategic, when, in reality, it is the starting point of deal quality.

The most effective approach is a hybrid one - using technology for speed, structure, and consistency and people for judgement and relationship-building.

Technology can:
• Capture and structure case data
• Provide immediate acknowledgement
• Ensure questions are routed quickly and consistently
• Create a clear audit trail

People can:
• Understand nuance and context
• Build rapport and trust
• Ask the right follow-up questions
• Represent the funder’s brand and values

At the start of any case or investment journey, relationships matter. Technology should enhance that experience, not replace it.

What measurable impact can better first contact have on pipeline strength, relationships, and deal outcomes?

Stronger first contact directly improves:

  • Pipeline quality: better intake leads to more qualified, investment-ready opportunities
  • Conversion rates: fast, more professional responses increase engagement and exclusivity, as well as the likelihood of securing instructions
  • Investor confidence: structured early-stage data improves decision-making
  • Operational efficiency: less time chasing incomplete information and faster conflict checks
  • Deal velocity: quicker progression from enquiry to evaluation and funding decision.

Small improvements at the top of the funnel compound across the entire investment lifecycle.

If firms could make just one or two changes today to improve their approach to inquiries, what would you recommend?

1. Create a standardized intake framework
Define the essential data needed for case screening and risk assessment, and ensure it is captured consistently across every channel.

2. Treat first contact as a strategic touchpoint
Ensure every enquiry receives a prompt, professional and human response that reflects the firm’s brand and client-care standards.

In litigation finance, early impressions don’t just shape relationships, they shape deal outcomes. These two changes alone can significantly improve conversion, efficiency and client relationships.

--

Eric Schurke is CEO, North America at Moneypenny, the world’s customer conversation experts. He works with legal firms, litigation funders, and professional services to transform how they manage and qualify inbound opportunities. Eric is passionate about helping organisations strengthen deal flow, improve first impressions, and deliver exceptional client experiences from the very first interaction.

Commercial

Cartiga Closes Inaugural Private Credit Fund, Explores Public Listing via SPAC

By John Freund |

Litigation finance firm Cartiga has closed its inaugural LBS Income Fund and is now exploring a public market listing through a potential combination with Alchemy Investments Acquisition Corp 1, a special purpose acquisition company.

As reported by Stock Titan, Cartiga describes itself as a data-driven, tech-forward asset management platform for investing in legal claims and law firms. The company reports having deployed more than $1.9 billion over its 20-year history, participating in matters generating over $20 billion in estimated settlement values.

The newly closed LBS Income Fund is a private credit vehicle anchored by a major alternative asset manager, designed to give institutional investors exposure to Cartiga's litigation finance platform. The fund complements the firm's two core business lines: direct asset origination across consumer pre-settlement advances and commercial attorney financing, and fee revenue from synthetic equity participations in law firms and cases.

Alchemy Investments is evaluating a potential business combination with Cartiga and has initiated PIPE (private investment in public equity) discussions to support the transaction. No definitive agreement has been reached, and no assurance has been given that a deal will be completed.

If consummated, the transaction would represent another milestone in the maturation of litigation finance as an institutional asset class, following a broader trend of funders seeking public market capital to scale their platforms. Cartiga's combination of consumer and commercial funding, paired with its proprietary data analytics, positions it as a diversified player in an increasingly competitive market.

Commercial

IPWatchdog Panel: Patent Licensing Ecosystem Is Broken and Litigation Finance Capital Is Reshaping the Market

By John Freund |

The voluntary patent licensing ecosystem is "functionally broken," according to a panel at IPWatchdog LIVE 2026, with litigation finance capital now identified as one of five macro forces reshaping the patent transaction landscape.

As reported by IPWatchdog, panelists described a market in which demonstrating the economic ability to litigate has become a structural requirement for meaningful licensing negotiations. Without credible financial backing, patent owners struggle to extract fair value from their intellectual property.

Approximately 25% of financed patent deals now include insurance arrangements, providing alternative collateral, reducing investor exposure in settlement scenarios, and extending enforcement financing to a broader range of patent owners. The convergence of litigation funding and insurance products is creating new pathways for smaller patent holders to pursue enforcement actions.

However, the panel raised concerns about proposed transparency requirements for IP financing arrangements. One panelist warned that mandatory disclosure of funding relationships could "paint a big target on the unfunded party's back," potentially disadvantaging under-capitalized patent owners competing against well-resourced corporate defendants.

The discussion underscores litigation finance's deepening role in the intellectual property market, where the ability to credibly fund enforcement has become as important as the strength of the underlying patent itself.