Trending Content - Private Equity Forum
Career Resources
WSO Free Modeling Series - Now Open Through
July 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Thanks for doing this!
What types of cases have you found to be the most predictable in terms of returns? I imagine commercial contracts might be more straightforward than, say, mass torts or intellectual property disputes.
How do you handle the binary nature of litigation outcomes (win/lose) in your portfolio construction? I'd be interested in your diversification strategies.
What has been your experience with institutional investors' appetite during periods of market stress?
What's been your experience with international arbitration cases versus domestic litigation? Curious about both the risk/return profiles and any jurisdictional challenges.
Thanks again!
On the Domestic side of our investments. We place a focus on Mass Tort and Personal injury firms (motor vehicle accidents, abuse, and class action).
Regarding international arbitrations. We have found that the binary risk is more applicable within this aspect of our portfolio. As a risk profile we tend to limit our funds exposure to 15-20% of LP commitments. However it’s important to note that in binary cases the returns have much higher yields and can generate larger MOICs. So if we have 10 cases within this risk pool only 2 would need to settle to cover the cost of investment.
Domestically, the mass tort dockets are more profitable in terms of return multiples, but is is important to include these single event PI cases as solid cash flow to mitigate and distributions or GP expenses.
We are US based so it’s important to keep up with settlement updates which periodically adjust payment models based and how we value the borrowers collateral.
LTV covenants are an extremely useful tool within our loan docs.
Ut est est sequi dolore ex hic voluptas. Sed quo sit architecto aut molestiae atque. Repellendus molestiae voluptas nam quidem officia.
Necessitatibus aliquid maiores quia vel sequi. Rem dolor totam aspernatur et. Illo rerum nihil quo consequatur voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...