Katten represented IMF Bentham Ltd, an international litigation funding company, in the sale of the majority of its US investment portfolio to Bentham IMF Fund 1 LLC for $57.4 million. This transaction should serve to bolster the fund's investment portfolio while reducing risk and converting assets to cash for IMF Bentham. The fund was announced last year as a special purpose vehicle funded in part by Fortress Credit Advisors LLC. The Katten team featured Allison Yacker, New York Financial Services co-chair, and Rong Zhao, an associate in the firm's Chicago office.
With focused industry experience and in-depth product knowledge, Katten offers all of our fund and investment management clients pragmatic solutions that enable efficient operations and allow for future growth.
- "Litigation Finance Co. Sells Most Of US Portfolio For $57M," Law360, February 5, 2018
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