Claimbnb opens office in Madrid to boost investment in legal assets and litigation
Claimbnb, a pioneering Spanish litigation and legal asset investment fund, has opened an office in Madrid to strengthen its commitment to the Spanish market and continue to grow in the emerging litigation funding sector. With three established investment vehicles and an ever-growing portfolio of cases, the firm is distinguished by its adaptive approach to the needs of law firms and corporations.
Image: Fernando de Castro, member of Claimbnb’s investment committee.
Third €50 million fund
The Spanish fund is currently in the fundraising period for its third fund with a target size of €50 million. “The firm’s three investment vehicles are own balance sheet and have notable success stories for their investors and claimants, having invested, to date, in more than 30 cases or situations, most of them in Spain for a nominal value of more than €150 million,” shared from the fund.
Claimbnb operates as an independent fund, prioritizing risk-adjusted returns for its investors. Its methodology is based on proprietary lead generation, rigorous analysis of legal and financial viability, and active involvement in the management and recovery of investments.
Investment Strategy
According to its investment strategy, Claimbnb focuses on litigation with legal viability, counterparty solvency and where there may be a likely liquidity event. The financing of legal costs, monetization of awards and judgments, as well as coverage of adverse costs or traditional financing secured with legal assets are some of the differential solutions of the firm, which advances a percentage of the amount claimed as a non-refundable deposit and protects against adverse costs if the litigation is not won.
Fernando de Castro de Miguel, a member of Claimbnb’s investment committee, says: “In an uncertain economic environment, Claimbnb offers the possibility of monetizing litigation or legal assets, providing extraordinary income, immediate liquidity and the ability to reinvest in the firm’s core business. We differentiate ourselves by investing in unique litigation that requires ad-hoc risk analysis, but we do not forgo other more scalable themes such as antitrust damages.”
