Canadian Lawyer: “New Litigation Finance Firm Launches in the US with Over $100 Million in Capital”

Canadian Lawyer covered Arcadia’s launch on June 25, 2024, writing: “Kerstein, a founder of Validity and former executive at Omni Bridgeway, expressed optimism about the firm’s prospects despite challenges in the broader litigation finance market. ‘We’re glad to buck the trend as others exit the industry,’ Kerstein said, acknowledging the current difficulties in raising capital.”

The article goes on to mention that Arcadia has secured at least $100 million in capital, and anticipates that most of its funding deals will be between $2-25 million.

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