Legal Assets
The Fortress Legal Assets business provides financing to corporate litigants and law firms that are interested in managing the cost and risk associated with legal claims.
The group also provides financing to other legal finance platforms. Transactions originated by the team may be structured as debt, asset / flow purchases, structured / preferred equity, minority equity or majority / control equity.
Fortress Legal Assets Investment Approach
The Fortress Legal Assets Group’s investment strategy is based on these principles:
- Investing in or building pools of diversified legal risk
- Structuring transactions which aim to reduce risk of any loss of invested capital, even in downside scenarios
- Prioritizing senior secured investments to limit the risk of binary outcomes
- Data-oriented deal sourcing and underwriting, using Fortress’s extensive legal assets track record
- Partnering with high quality platforms in commercial litigation, legal services, and litigation funding
Commitments
As of December 31, 2023.
Jurisdictions
Deal Types
Law Firm Investments
Loans and other financings to law firms secured by portfolios of fee receivables, helping legal practices manage working capital, expand business, and engage in strategic transactions
Corporate Litigation Portfolios
Investments in portfolios of legal claims owned by corporations, allowing those corporations to monetize claims and manage litigation risk
Legal-Related Specialty Finance
Debt, asset / flow purchases, structured / preferred equity, and majority or minority equity transactions with platforms that originate or service legal assets
Single-Case Litigation Funding
Capital for legal fees and expenses in high-value litigation involving commercial disputes, securities litigation and consumer litigation
Judgment / Award Purchases
Investments in court judgments, arbitral awards, or settlements subject to appeal or deferred payment schedules
Asset-Backed Finance Specialties