Sun, Jan 20, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

RD Legal names Amy Hirsch as portfolio manager, expands data analytics

Thursday, January 10, 2019
Opalesque Industry Update - RD Legal, a leading investment management firm focused on post-settlement litigation finance, said today that it has named Amy B. Hirsch to the additional role of Portfolio Manager for the firm's strategies. Ms. Hirsch joined RD Legal in 2016 as Co-Chief Investment Officer and Chief Operating Officer.

RD Legal also announced that it is expanding its data analytics and engineering functions under Dr. Joanne Chen, Chief Analytics Officer since joining the firm in 2016. Dr. Chen has designed a proprietary methodology for analyzing litigation data.

The moves come as the litigation finance sector sees explosive growth. According to a recent report, litigation finance is now as much as a $100 billion market from its earliest beginnings in the 1990s. Declining returns in traditional investments and a high level of litigation cases are factors behind this growth.

"We are delighted to recognize Amy's growing role at RD Legal and to continue to invest in our data and market intelligence technology that enhances our ability to acquire known cashflows linked to settled litigation," said Roni Dersovitz, Founder & CEO. "The growth of RD Legal and of the litigation finance sector comes as institutional investors of all sizes recognize and value the asset class for offering attractive, uncorrelated returns." In her expanded role, Ms. Hirsch will have day-to-day oversight on all aspects of the firm's onshore strategies including asset allocation, new investments and risk management.

Ms. Hirsch oversees RD Legal's operations. Prior to joining full-time, she was an advisor to the firm. Ms. Hirsch also serves as CEO of Paradigm Consulting Services, which provides litigation related expert witness support in the alternative investment space. Ms. Hirsch has nearly four decades of experience in alternative investments and hedge funds including asset management, due diligence, marketing, and operations.

Expanded Data Analytics for RD Legal

Dr. Chen directs the RD Legal data science group, which is aggressively expanding the analytic and data capabilities of the firm. Dr. Chen has helped create a proprietary methodology for analyzing litigation data. Using technology that has never been applied in this way before, Dr. Chen and her group are able to process the large amount of data that is required to source, screen, and analyze litigation finance opportunities.

Ms. Chen is responsible for leading the engineering and data analytics function of the RD Legal companies. Prior to joining the firm, Ms. Chen was Vice President of Data Science at Truveris, Inc., a healthcare SaaS company where she was responsible for data science and product development.

RD Legal is based in Bergen County, NJ, and was conceived and founded by Roni Dersovitz, a former personal injury attorney who recognized the challenge attorneys and plaintiffs face with cashflow management. Founded in 1998, RD Legal factors legal receivables and continues to innovate and structure unique opportunities for the legal and investment communities.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Gundlach's Forecast for 2019[more]

    Jeffrey Gundlach said that 2019 will mark the start of a period when bond markets must recon with the rising federal deficit. In his most passionate comments ever on this topic, he said the exploding national debt and liabilities involving pension funds, state and local government governments and So

  2. Institutional Investors: Texas Teachers allocates $1.9bn to 12 strategies, $53.6bn LGPS asset pool readies double global equity launch, The rise of co-investment SPVs for institutional investors, Wisconsin commits $500m to alternatives[more]

    Texas Teachers allocates $1.9bn to 12 strategies From PIonline.com: Texas Teachers Retirement System, Austin, committed a total of $1.871 billion to 12 private market investment strategies managed by existing managers, a transaction report showed. The biggest move by investment officers o

  3. News Briefs: The Jeff Bezos divorce: $136bn and Amazon in the middle, Bridgewater Associates partners with consulting firm, Cyprus no longer Mediterranean haven for Russian businesses, Goldman Sachs on course to launch cash management in mid-2020[more]

    The Jeff Bezos divorce: $136bn and Amazon in the middle From Mint: The announcement by Amazon founder Jeff Bezos, the world's wealthiest man, and his wife that they will divorce has captivated the imagination -- how will they split his giant fortune, estimated at $136 billion? And what wi

  4. Institutional Investors: Institutional investors plot large property allocations, Qatar Investment Authority aims to reach $45bn in U.S. investments, Louisiana Teachers assigns $200m, SoftBank move to slash WeWork investment sends shockwaves[more]

    Institutional investors plot large property allocations From FT: Institutional investors plan to make large allocations to property in 2019, taking them closer to their desired targets. At least €72.4bn of new capital is expected to flow into real estate this year, according to a

  5. Legal: Attorney sues after Tampa hedge fund goes under, Hedge funds showing increased interest in litigation claims, Argentina sued again by hedge fund on bonds tied to GDP growth[more]

    Attorney sues after Tampa hedge fund goes under A Tampa hedge fund company may be in legal trouble after the firm that was holding its money was sued by a lawyer who claimed "gross negligence" caused the fund to lose tens of millions of dollars. James Cordier, the head of optionseller