IMN's Litigation Finance Panel Connection: Fund Formation and Fundraising: next draft of questions

Steven Huttler, a partner of our firm who has been deeply involved in the Litigation Finance asset class for almost two decades, yesterday moderated a high profile panel at one of the most important annual events in the sector, the 3rd Annual IMN Financing, Structuring & Investing in Litigation Finance conference. Mr. Huttler’s panel was entitled “Fund Formation and Fundraising: What Do You Need to Know”, and the panel included some of the luminaries in the industry and their representatives, including: Eric Blinderman, CEO US at Therium Capital Management; Joshua Meltzer, Managing Director, US, at Woodsford Litigation Funding; and Drew Kelly, General Counsel at Delta Capital Partners.

According to a recent industry report quoted in an online business website, the number of litigation finance providers in the United States, their assets under management (AUM), and the dollars they committed to new financing deals, all grew over between June 2019 and June 2020, 46 active funders managed a combined $11.3 billion in assets allocated to US commercial litigation investments, an 18% increase from the previous year. Despite the onset of a global pandemic and resulting disruption to the justice system, the total dollars committed to new investments by funders also grew by 6% – to $2.47 billion.