The Australian litigation funding giant IMF Bentham launched a $200 million investment vehicle to finance United States cases and investments. Thus Bentham invested $50 million and an unnamed hedge fund invested $150 million.
The IMF Bentham funding vehicle
The funding vehicle was raised by IMF Bentham on behalf of its U.S. subsidiary, Bentham IMF. This is IMF Bentham’s first investment vehicle. Bentham IMF’s CEO stated that the vehicle is indicative of investor confidence in litigation financing and Bentham’s position as a top company in the litigation financing industry.
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Reviewed by Meghan Hallinan.