Neal Gerber Guides $345M Litigation Finance Fund For GLS
Law360 (January 27, 2020, 5:03 PM EST) -- Litigation finance investment shop GLS Capital LLC, working with Neal Gerber & Eisenberg LLP, said Monday that it has closed its debut fund after raising more than $345 million from investors, with plans to provide capital for litigation and arbitration with a focus on the technology and pharmaceutical industries.
The fund, GLS Capital Partners Fund I LP, secured capital commitments from a group of investors that includes global financial institutions, endowments, foundations and family offices, according to a statement. Chicago, Illinois-based GLS is focused on investments in situations that involve legal or regulatory risk, saying in a press release that it...
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