Litigation Funder Therium Capital To Launch $430M Fund
Law360 (March 25, 2019, 12:02 AM EDT) -- Litigation funder Therium Capital's total worldwide investments now top $1 billion with the launch of a new $430 million fund, the London-based firm announced Monday.
Therium Group Holdings Ltd.'s latest and largest fund to date was raised in February and will be deployed in the finance of litigation and arbitration around the world within the next two years, the funder said in a statement.
According to Therium principals, the new fund reflects a growing confidence in litigation finance among institutional investors, whose ranks this year include a sovereign wealth fund, as well as a widening international demand for capital to bankroll...
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