PDI Picks – 5/2/2022

Placing a bet on litigation

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Litigation finance has found a way to attract the retail investor.

On the face of it, litigation financiers are not obvious candidates to join the massed ranks of those queuing up to try and attract retail investment. After all, there are those who say you may as well place your bets on the spin of a casino’s roulette wheel as take part in this niche corner of the private debt universe. Litigation finance involves what might be described as a binary outcome – you either win big or lose big.