New York, N.Y. – April 26, 2022 - Finitive, the leading data-driven private credit marketplace, today announced that it has facilitated $54 million in financing for a portfolio of patent litigation financing cases.
“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 Caroline Hayes, co-founder and President of Finitive. “We are thrilled to have facilitated this financing, which will enable plaintiffs to pursue infringements on their patents. This financing is a great example of how Finitive’s technology and data platform can make an otherwise esoteric transaction within an opaque asset class fast, accessible and easy.”
Founded in 2017, Finitive's platform uses technology and proprietary algorithms to connect borrowers with capital providers quickly and efficiently, and to streamline and expedite the due diligence process. All investments are funded directly by investors to borrowers, with no intermediary entity to add to time and costs. Borrowers have opportunities to access private credit funding from over 1300 institutional investors with over $6 trillion in AUM; investors gain access to a multi-trillion-dollar market of opportunities across multiple asset classes and structures, including specialty finance, online lending, marketplace lending and private credit funds.
Finitive's deal origination engine draws opportunities from across the world, providing investors with a source of private credit transactions not found anywhere else.
To learn more about Finitive's private credit marketplace visit www.finitive.com.