Longford Capital Fully Commits Fund II

Firm Continues to Grow Team to Serve Increased Demand

CHICAGO, September 10, 2020 - Longford Capital Management, LP, a leader in the commercial litigation finance industry, today announced that it has fully committed Fund II, a $500 million fund invested in the outcomes of commercial legal claims Longford believes to be highly meritorious and have a strong likelihood of success. Fund II closed in August 2017 as the largest private equity fund of its kind in North America.

The demand for litigation finance by leading law firms, public and private companies, research universities, and other organizations involved in complex, commercial litigation continues to grow at a rapid pace, and is being further fueled by increased litigation and reduced resources in the current economy.

To meet this demand, Longford has continued to expand its team with the addition of experienced litigators and trial lawyers including Marc A. Cavan and Andrew A. Stulce. In 2019, the firm expanded into the Dallas market, recruiting prominent litigation attorney, John E. Garda as Head of its Dallas Office.

“COVID-19 and the associated impacts on the economy have driven an increase in litigation as well as demand for our capital at a time of constrained budgets among both in-house legal teams and top law firms,” said William P. Farrell, Jr., Longford Capital managing director and general counsel. “We have continued to build our team of experienced litigators to respond to this growing need, using our network and experience to identify strong cases worthy of investment, with a relentless focus on driving performance for our clients and investors.”

About Longford Capital

Longford Capital is a leading private investment company that provides capital to leading law firms, public and private companies, universities, government agencies, and other entities involved in large-scale, commercial legal disputes. Longford was one of the first litigation funds in the United States and is among the world’s largest litigation finance companies with more than $1 billion in assets under management. Typically, Longford funds attorneys' fees and other costs necessary to pursue meritorious legal claims in return for a share of a favorable settlement or award. The firm manages a diversified portfolio, and considers investments in subject matter areas where it has developed considerable expertise, including, business-to-business contract claims, antitrust and trade regulation claims, intellectual property claims (including patent, trademark, copyright, and trade secret), fiduciary duty claims, fraud claims, claims in bankruptcy and liquidation, domestic and international arbitrations, claim monetization, insurance recovery matters, and a variety of others.

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