AxiaFunder is a new and innovative investment platform that focuses on litigation funding as an asset class. Founded by Cormac Leech, the UK startup caters to sophisticated investors.
Litigation Finance has experienced tremendous growth in recent months—owing to the pandemic among other factors. It’s increasingly popular among investors seeking an uncorrelated asset class. However, few mechanisms exist to allow investors to select the cases they fund directly—one of those, is AxiaFunder.
Our guest today is Cormac Leech, founder of AxiaFunder. AxiaFunder is a UK-based funding platform that provides institutional and high net worth investors the opportunity to invest in commercial litigation claims. Cormac discusses his company’s success thus far both in attracting investors and sourcing strong claims, how crowdfunding platforms should be considered in the context of FCA rulings and ALF guidelines, some disclosure concerns for litigation funders, and what AxiaFunder’s priorities are going forward.
LONDON, April 24, 2020 /PRNewswire/ — AxiaFunder, the UK’s first for-profit litigation funding platform, today announces its second case win, returning 93.75% to investors in just 15 months.
Commercial Litigation Crowdfunding Platform, Axiafunder and Solomonic litigation analytics have agreed a partnership where Solomonic will provide AxiaFunder with the statistical data to support their case evaluation and due diligence Workflows.
