Category Archives: Fundraising
Bryant Park Capital Secures Senior Debt Facility For DLF Management Corp.
Bryant Park Capital (“BPC”), a leading middle market investment bank with a focus in the specialty finance industry, announced today that DLF Management Corp., dba Dynamic Legal Funding, LLC (“DLF” or the “Company”), a leading provider of legal and medical funding, closed on a senior secured debt transaction with a large commercial bank. BPC served as the exclusive financial advisor to DLF in connection with this transaction.
LegalPay Launches New Bond Targeted at Retail Investors
Established litigation funders play an important role in leveling the balance of power in the legal system for those plaintiffs who lack the capital to see their case through to completion. However, India’s leading litigation funder is now looking to rebalance the scales for retail investors, offering a new product to their customers that will…
Boutique Investment Firm Launches with a Focus on Cross-Border Disputes
As the litigation finance industry continues to grow in both established and nascent jurisdictions around the globe, new funders are launching investment firms dedicating a significant portion of their capital to this industry. As we close out the year, this trend does not appear to be slowing, with the launch of a new boutique investment…
Contingency Capital Holds Final Closing of First Commingled Fund
Contingency Capital, a global asset management business focused on credit-oriented legal assets, has successfully completed the capital raise for its first commingled fund, with over $490 million in new discretionary capital across the fund and related managed accounts. The firm launched in November 2020 and has raised and deployed in excess of $700 million across a series of strategies and transactions. Its investor base includes university endowments, pension funds, family offices and consultants.
NEW LITIGATION FINANCE FIRM – LEX FERENDA LITIGATION FUNDING – EXECUTES SUCCESSFUL LAUNCH; EXCEEDS EXPECTATIONS AT FIRST CLOSE
Lex Ferenda Litigation Funding LLC “LF2” is pleased to announce that it recently launched commercial funding operations after completing the first capital close for its Lex Ferenda Litigation Funding Master Fund. The Fund, which will focus its investments on US litigation and domestic commercial arbitration, welcomed several institutional investors whose commitments to LF2 exceeded initial expectations, and brought the Fund substantially closer to its USD $100 million+ target.
LegalPay Seeks to Boost Legal Innovation Through New Fund
Litigation funding has been a powerful tool for widening access to justice and driving innovation in the legal sector, and technological evolution continues to provide ongoing sector optimization. Seeking to enable this kind of evolution, one major industry player is setting up a fund to boost technological development for the legal sector….
Omni Bridgeway Explores Ukraine ‘War-Time’ Compensation Fund
Many have predicted Russia’s inevitable economic fallout stemming from its war in Ukraine. Omni Bridgeway has announced the formulation of a task force dedicated to monitoring the war in Ukraine with a mandate to explore various ways of retrieving compensation from damages and other losses caused by Russia’s invasion. …
North Wall Builds on Previous Successes with New €500 Opportunities Fund
With the ongoing economic instability and inflation pressures felt around the globe, investment firms are looking for alternative avenues to maintain returns and scale future growth. As a result, those firms willing to explore more niche opportunities including litigation finance are continuing to raise capital to take advantage….
Funders Diversify Their Capitalization Sources, Driven by ESG and Emerging Markets
In a panel during the morning of IMN’s International Litigation Finance event, the topic of differing approaches to capitalization and sources of investment was discussed. The panel was moderated by Dennis Knitowski, EVP & Head of Capital Markets at Cartiga, LLC and featured Patrick Moloney, Managing Director of LCM, Andi Mandell, Partner at Schulte Roth…
Litigation Capital Management Raises $273 Million for its New Fund
As demand for litigation funding has continued to grow with funders seeing increased adoption from major law firms and corporate entities, the market is also seeing a parallel increase from investors looking to funnel their capital into this alternative asset class which can offer stable returns amid economic uncertainty….
