Australian-based IMF Bentham Ltd. said this week that it had raised up to AUD$150 million, or more than $115 million, from two institutional investors to finance the litigation funder’s future cases in Asia, Australia, Canada and Europe.
The move is the latest large fundraising in the growing litigation finance industry, coming fresh on the heels of Chicago-based Longford Capital Management LP announcing last month that it had raised $500 million for a U.S.-based fund.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
