In a clear sign of the continued ascendancy of litigation finance, a new firm, Arcadia Finance, has emerged with over $100 million in capital, aiming to invest in a diverse array of legal ventures. This launch reinforces the robust health of a sector that has grown significantly over the past decade, helping level the playing field for litigants facing well-funded adversaries.
Arcadia Finance, led by seasoned professionals David Kerstein, Ronit Cohen, and Joshua Libling, has articulated a broad investment strategy. Their focus spans U.S.-based commercial and patent litigation, domestic and international arbitration, mass torts, law firm lending, and patent acquisition, which includes cross-border and offshore matters. The firm’s ability to fund matters ranging between $500,000 to amounts surpassing $25 million underscores its flexible approach to meeting client needs, as highlighted in a recent announcement.
David Kerstein, one of the firm’s founders, emphasized the client-centric nature of their approach, stating, “I believe that the future of litigation funding is client-focused, and that means being able to meet clients where they are and cover the waterfront of potential litigation-backed investment opportunities.” Similarly, Ronit Cohen noted their “frictionless funding” model, promising streamlined processes, clear communication, and efficient decision-making aimed at accelerating access to capital for their clients.
As litigation finance firms have become more adept at identifying lucrative cases, the industry’s growth trajectory shows no signs of tapering. For further insights into Arcadia Finance’s launch and the broader trends in litigation finance, see the detailed coverage on Above the Law.