Omni Bridgeway closes second $1B litigation finance fund
What's the deal? Omni BridgewayDealroom has a profile for this one. Try Dealroom → closed Fund 9, a $1 billion litigation finance vehicle and its second fund of that size. The Australia-listed firm announced the close on Wednesday.
What's the endgame? The fund splits capital between single cases and portfolios across global jurisdictions. It targets intellectual property, antitrust, group claims, and arbitration.
Why fund capital, not debt? Omni Bridgeway is backing the investments with fund capital rather than debt, which it sees as a structural risk. "The problems in the industry always happen when people have funded themselves with debt," chief executive officer Raymond van Hulst said.
The signal: A second $1 billion raise signals that litigation finance can still draw fresh capital at scale.
Read more: news.bloomberglaw.com
Image credit: Ken Lund
