Cluny Partners LLC is a new investment manager launching its inaugural fund, Cluny Partners Legal Assets Fund I, L.P.
The objective of the fund is to achieve outsized returns for investors through a unique investment platform in litigation finance.
The managers see an opportunity to deploy capital in a targeted manner to extract value from legal assets currently managed by law practice professionals less fluent in financial markets. Cluny has developed an unparalleled sourcing network from which to originate deal flow and leverages its proprietary information advantage to make investments which offer significant, non-market correlated returns.
The managers will aim to return >50% of invested capital by the end of year 3 and the balance of the total return by the end of year 5.
Cluny’s approach affords LPs the opportunity to invest alongside established asset managers well-versed in litigation finance that collectively conduct due diligence on every transaction in partnership with the fund’s managers, delivering a 360-degree view of each investment that ensures an unparalleled underwriting model.