Bloomberg Law
Sept. 22, 2021, 9:30 AM

Longford Capital’s $250 Million Closes Litigation Finance Fund

Roy Strom
Roy Strom

Chicago-based litigation finance firm Longford Capital says it has raised $682 million to close its third private fund, signaling that investors continue to view litigation as a ripe asset for returns.

The figure includes $434 million that Bloomberg Law reported in January, meaning Longford added about $250 million in additional fundraising before closing the fund.

“There has absolutely been an increased interest on the part of more institutional investors,” Timothy Farrell, a co-founder and managing director of Longford, said in an interview. “It is another indication of the evolution of the asset class.”

The fund marks another success for ...

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