Balmoral Wood raises initial $25 mln for litigation-finance fund
Balmoral Wood Litigation Finance has secured more than US$25 million ($33 million) in committed capital in the first close of its debut litigation-finance fund. In a newsletter issued last month, the Toronto investor said Balmoral Wood Commercial Advocate Fund I held an initial close in February. The fund, which targets emerging opportunities in the global commercial litigation-finance industry, is targeted to raise US$150 million ($200 million), PE Hub Canada reported last October. It is being marketed to a range of limited partners, including family offices, pension funds and wealthy investors.
17 April 2017•1 min read
