Despite the collapse of BlackRobe Capital Partners last May, third-party litigation finance is steadily attracting more investors. Corporate America, meanwhile, is taking notice.
Gerchen Keller Capital, the newest major player among litigation funders, announced on Jan. 13 that it had secured $260 million in new investor money, bringing its total arsenal of funds to $310 million. That instantly puts the Chicago-based litigation financier, which was founded just nine months ago, on a par with its best-known rivals, including Burford Capital Ltd. and Juridica Investments Ltd.
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