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Fortress Announces Integration of Litigation Finance Firm into Its Legal Assets Business
Patent Market, Patent Watch, TPLF
Following its late 2019 acquisition of Vannin Capital, Fortress Investment Group LLC has announced that the operations of the UK-based litigation funder—including a number of its employees—are “now being restructured into the Fortress Legal Assets business”. According to Fortress, this change will have no impact on the existing investments of Vannin Capital, which at the time of its acquisition reported having $500M in available investment capital and assets under management “consistently in the billions”.
October 17, 2021