Development in the litigation funding market - particularly in the UK
There are a significant number of claimants with large commercial claims who lack sufficient capital or risk appetite to allocate resources to realise those claims.
"...judicial attitudes towards professional funding have relaxed to some degree, driven by concerns that claimants are being squeezed out of the court system by a combination of spiralling costs and the withdrawal of public funding. Third party funding is now seen as making a positive contribution to access, to justice."
Fund of funds that allocates to alternative alternatives
Invests with “early” niche managers - i.e. inefficiency (risk premia) have not been diluted
Seeks to invest in proprietary edge, niche investment strategies capable of generating attractive risk-adjusted returns over the medium to long term
The status quo & up-coming investment opportunities in asset based lending
The opportunities are re-surfacing in the same asset based lending spaces, but it is the growth in the number of potential borrowers that has increased substantially.
We are not seeing enough capital being dedicated to the asset based lending space. There are numerous boutique - smaller hedge funds - that are being brought some very interesting and lucrative deals. These are not being done because they haven’t got sufficient investor capital to lend out.
Fund of funds - Invests with managers that have commodity and natural resource “specific” exposure only
Fund of funds seeks to identify and invest with the „best of breed“ manager in the respective commodity, natural resource sector
Exploiting information, structure, and instrument related inefficiencies … as the underlying commodity fundamentals remain robust