Parabellum Capital Announces Final Close of Latest Litigation Finance Fund

Total Commitments Exceeding $465 Million

NEW YORK–(BUSINESS WIRE)–Parabellum Capital LLC (“Parabellum”), a leader in commercial litigation finance, today announced the final closing of its latest private investment fund, Parabellum Partners II, LP (the “Fund”), with over $465 million in commitments. The Fund is Parabellum’s second broadly-offered private investment fund since its founding in 2012.

The Fund’s investment strategy leverages Parabellum’s investment and risk management processes to build a diversified portfolio of single-case, portfolio, and special situations investments. Limited partners in the Fund include endowments, foundations, pension funds, and other institutional investors.

“We are delighted to have raised new capital from investors in our first fund, as well as a range of institutional and high net worth partners, resulting in a highly-diversified investor base,” said Howard Shams, Parabellum Co-Founder and CEO.

“Our investment pipeline continues to grow as we expand existing relationships and the market embraces our emphasis on aligned investment structures,” said Aaron Katz, Parabellum Co-Founder and CIO. “We have added new team members to accommodate increased demand for our capital and built out practice area specializations that provide added value to our investments and partners. Significantly, this Fund’s capital allows us to address urgent litigation financing needs for both clients and law firms during this period of economic distress.”

About Parabellum Capital

Parabellum Capital is a leading financier of commercial and intellectual property litigation. Its principals pioneered commercial litigation funding in the US and remain on the forefront of shaping the asset class as the industry evolves. Parabellum is a trusted financial partner to claimholders and law firms for a wide array of litigation matters in the US, other common law jurisdictions, and international arbitration forums. Founded in 2012, Parabellum’s team includes legal and financial professionals with backgrounds at major law firms, investment banks, accounting firms, and the federal government. Parabellum principals previously founded the Legal Risk Strategies and Finance group at the global investment bank Credit Suisse.

Parabellum manages both separate accounts and pooled private equity vehicles for institutional and high-net-worth investors globally. Based in New York, Parabellum’s team has invested hundreds of millions of dollars in commercial litigation situations. For more information, visit www.parabellumcap.com or contact Katie Hogan at khogan@parabellumcap.com.

Contacts

Katie Hogan, khogan@parabellumcap.com

 

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