Chicago-based litigation funder Gerchen Keller Capital LLC announced a major expansion Wednesday, boosting both its capital and its executive team.
Gerchen Keller said it has received $410 million in new investor commitments that will be deployed in early- to appellate-stage litigation. The funder said it now has more than $1.4 billion in assets under management, more than double the assets of its nearest competitors, Burford Capital LLC and U.K.-based Harbour Litigation Funding.
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