Chicago-based Kerberos Capital Management has been named as a finalist in the private credit category of the 2021 Industry Innovation Awards by Chief Investment Officer magazine. The recognition by institutional investors is a testament to how far the litigation finance asset class has come.
Kerberos Capital Management has announced the introduction of a groundbreaking new direct lending product to law firms with a margin ratchet linked to ESG targets – the first debt product of its kind in Litigation Finance markets. The program is intended both to recognize and reward firms that have already established a commitment to advancing ESG factors in their work, and to incentivize qualifying firms to continue those efforts into the future.
The Arkansas Teacher Retirement System, which ranks among the top 5% of the United State's public pension systems, is considering a $30 million investment in a debt fund that will focus on the litigation finance market.