Armadillo Litigation Funding Closes $750 Million Investment Round | national

HOUSTON, March 24, 2022 /PRNewswire/ — Armadillo Litigation Funding announced the completion of a $750 million investment round — the manager’s largest investor engagement since the strategy launched eight years ago. Investments made by the fund will target traditional asset-backed lending to the legal sector, with a specialization in the area of ​​mass crime.

Armadillo Litigation Funding announced the completion of a $750 million investment round.

Armadillo’s management team began operations in the first quarter of 2014, under the leadership of its President and Chief Executive Officer, Nick Johnson. Mr Johnson is the sole owner of Johnson Law Group and Armadillo, both based in HoustonTexas.

“This $750 million round is a testament to the Armadillo team’s track record of delivering exceptional returns in perhaps the most challenging interest rate environment in history,” Johnson said. “Our expertise in the mass tort industry has allowed us to navigate this lucrative niche better than anyone, providing unique opportunities for our borrowers and superior results for our investors.”

The mass tort industry has experienced significant growth over the past decade, with some of the most significant litigation having been settled in the previous two years. Armadillo expects this growth to continue, and this new funding round cements the company’s leadership position in the industry.

About Armadillo Litigation Funding

Armadillo Litigation Funding provides funding to law firms involved in mass litigation, consumer, commercial litigation and litigation funding organizations involved in administrative consumer and commercial claims. The Company offers general obligation loans secured by the interests of the borrower under future award settlements, including but not limited to contingent fees. The targeted loan amount is $10 million to $100 million per law firm.

Contact:

Jeff ManleyCFP – Chief Operating Officer

Armadillo Litigation Funding

2925 Richmond Ave, Suite 1750

Houston, TX 77098

[email protected]

Tel: (713) 861-7200

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SOURCE Armadillo Litigation Funding

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