Finitive has announced the closing of a ~$55 million financing for its latest portfolio of patent litigation cases. The financing was led by a large credit fund.
Finitive’s patent litigation funding program meets a large unmet need among patent owners and law firms – for sophisticated funding solutions – and offers a unique risk/return profile for investors.
“Institutional investors are drawn to litigation finance because of its potential to deliver superior returns with low correlation to other asset classes and its countercyclical characteristics,” said Jon Barlow, founder and CEO of Finitive. “We are thrilled with this closing, which will enable plaintiffs to pursue infringements on their patents. This financing is a great example of how Finitive is making investments into an opaque asset class programmatic.”