Bloomberg Law
Jan. 27, 2020, 12:56 PM

Litigation Finance Fund Launches With $345 Million

Bruce Kaufman
Bruce Kaufman

Chicago-based litigation finance firm, GLS Capital, is formally launching with $345 million in capital commitments to invest in lawsuits. It’s the latest entrant into an industry one recent survey said has grown to nearly $10 billion in capital in the U.S.

Place of Experience: Two GLS Capital founders were the first hires made in 2013 by Gerchen Keller Capital, which was purchased in 2016 by the industry’s largest player, Burford Capital.

Competitive Edge: “The marketplace has changed. It’s not 2013 anymore. New players have emerged and there ...

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