IMF Bentham Launches $500M Non-US Fund
The fund is the Australian litigation funder's second focused on disputes outside the U.S.
June 20, 2019 at 12:28 PM
3 minute read
Sydney-based litigation funder IMF Bentham Ltd. has launched a $500 million fund to underwrite disputes outside the United States.
The fund, called Fund 5, is IMF Bentham's second non-U.S. fund and is launching just two years after the litigation funder launched the first, which had an aggregate capital of about $115 million focused on investments in Australia, Asia, Canada and Europe. That fund was upsized in January to about $125 million.
DLA Piper and offshore firm Walkers advised IMF Bentham on the Fund 5 transaction.
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