Litigation finance has garnered a lot of attention recently. When a friend of mine, Adam Gerchen, told me last winter that he was launching his own investment firm focused on commercial litigation, Gerchen Keller Capital (“GKC”), I was intrigued. When he told me about their approach to the space, including financing litigation on the defense-side, I was even more interested. How could funding for defendants possibly work? Well, so far it all has seemed to work for GKC, which recently completed a $250 million capital raise – its second in less than a year – bringing the firm’s total assets under management to more than $300 million.
I sat down with Adam recently to discuss the firm and the industry more broadly, as well as to provide the readers of The D&O Diary Adam’s thoughts on the interplay between litigation finance and insurance.
via Guest Post: Inside Litigation Financing – The D&O Diary
