Litigation funder Omni Bridgeway raises $1 billion
Litigation funder Omni Bridgeway raises $1 billion By Sara Merken
Oct 7 (Reuters) - Litigation funder Omni Bridgeway said on Wednesday that it has closed a $1 billion fundraising round, increasing its assets under management to $4.2 billion.
Omni Bridgeway is a global litigation funder that has been publicly listed on the Australian Securities Exchange since 2001. Funders like Omni finance lawsuits and other legal disputes in exchange for a portion of litigation proceeds
The firm said it has closed the capital raise for two funds, and that nearly all of the investors in a prior round have reinvested
There were 39 active commercial funders in the US market in 2025, according to a report in March by litigation finance advisory firm Westfleet Advisors, which also noted that many funders faced challenges raising money from investors
Burford Capital, another large litigation funder that is publicly listed in New York and London, said last week that a funding agreement would entitle it to about $1.4 billion of a landmark $5.7 billion patent verdict won by Taction Technology against Apple
(Reporting by Sara Merken in New York)
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