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Litigation Capital Management Limited ( (GB:LIT) ) has shared an announcement.
Litigation Capital Management Limited announced an unsuccessful outcome in a commercial arbitration case it funded, as decided by the London Court of International Arbitration. Despite the setback, LCM’s CEO Patrick Moloney emphasized the company’s confidence in its broader portfolio, highlighting the inherent binary nature of legal finance outcomes. The investment, co-funded by Fund I, involved £2.5m of LCM’s capital and £7.5m from Fund I, and was previously valued at £17.0m. LCM maintains no exposure to adverse costs, and Fund I’s performance remains strong with a Net Realised IRR of 35%. The company continues to refine its valuation methodology to ensure disciplined investment assessments.
More about Litigation Capital Management Limited
Litigation Capital Management Limited (LCM) is an alternative asset manager specializing in dispute financing solutions internationally. The company operates through two business models: direct investments from its permanent balance sheet capital and third-party fund management. LCM pursues three investment strategies: single-case funding, portfolio funding, and acquisitions of claims. It generates revenue from direct investments and performance fees through asset management. Headquartered in Sydney, LCM has offices in London, Singapore, Brisbane, and Melbourne, and is listed on AIM under the ticker LIT.
YTD Price Performance: -38.34%
Average Trading Volume: 273,691
Technical Sentiment Signal: Buy
Current Market Cap: £70.85M
See more insights into LIT stock on TipRanks’ Stock Analysis page.