Litigation Funders Poised For Major Investment Infusion

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November 20, 2019

A new survey found that litigation funders have a staggering $9.52 billion under management in the U.S. and are actively seeking new portfolio-style deals, Law360 reports.

The “Litigation Finance Buyer’s Guide,” compiled by litigation funder and advisor Westfleet Advisors, found that despite the high number of reserves, there is only $2.33 billion behind ongoing litigation. Westfleet Co-founder Charles Agee said litigation funders may be “more willing to invest in cases they would have turned down two years ago" due to deadlines that may cause them to lose the capital. Portfolio-style deals are becoming more popular according to the report.

11/20/2019