Balance Legal Capital raises new US$100m litigation fund

LONDON, 25 MARCH 2020 – BALANCE LEGAL CAPITAL LLP, a London-based provider of litigation and arbitration finance, today announced it has raised a further US$100 million from 8 institutional investors in a new UK fund for deployment in the UK, Australia and other common law jurisdictions.

The investors in the new fund include Balance’s anchor investor, which is increasing its commitment, and 7 further global institutional investors, located across the UK, US, Switzerland and Australia. They include a university endowment fund, a European asset manager, and a global investment bank. As with Balance’s prior funding vehicle, Balance continues to have complete delegated authority over its litigation investment decisions. In addition to the discretionary capital pool, Balance has direct access to significant further co-investment capital from its investors.

Balance will use the new funds to invest in commercial litigation and arbitration proceedings with a continued focus on disputes in common law jurisdictions, particularly the UK and Australia. Balance will continue to invest across all sectors and commercial claim types including contract, tort, shareholder disputes, joint venture disputes, competition, intellectual property, class actions and more.

Robert Rothkopf, Managing Partner of Balance Legal Capital, said “We are pleased to announce the launch of our new fund, and the next step in the firm’s growth. The interest we’ve had from investors is testament to the success of the business so far, the calibre of our team, and our ability to provide a great service to litigants and law firms.”

Balance Legal Capital LLP was advised on the establishment of its new fund by Herbert Smith Freehills LLP, London.

About Balance Legal Capital

Balance Legal Capital was founded by Robert Rothkopf and Simon Burnett in 2015. It is led by a highly experienced team of litigators formerly of Herbert Smith Freehills and Freshfields. Its investment committee includes Lord David Gold (former global senior partner of Herbert Smith and head of its disputes division) and Ian Terry (former managing partner of Freshfields and global head of disputes). Fraser Shepherd (former litigation partner at Gilbert + Tobin, Sydney) and Nick Gardner (former head of Intellectual Property Litigation at Herbert Smith) are senior advisers to the investment committee.

Balance Legal Capital LLP is a member of the Association of Litigation Funders of England and Wales (ALF) where Robert Rothkopf is also a board member. Balance Legal Capital LLP is also a founder member of the Association of Litigation Funders of Australia (ALFA). Balance Legal Capital is authorised and regulated by the Financial Conduct Authority.

  • Robert Rothkopf
    Robert Rothkopf Managing Partner
  • Simon Burnett
    Simon Burnett Partner
  • Oliver Hayes
    Oliver Hayes Partner
  • Jamie Houlker
    Jamie Houlker Finance Director