UPDATED. What are the risks facing an investor in litigation funding?
For litigation funders, adverse cost risk, whilst real, is an identifiable and manageable risk which is extremely low and should not, of itself, deter those investors who are interested in seeking the projected returns that this type of investment may be able to offer, as part of a balanced portfolio of investments.

By Michael Lent, AxiaFunder Case Originator and Assessor   

Posted on 23 Aug 2018. Updated 01 April 2020
Case Statistics
Last updated on 17 August 2020.

To date, 9 litigation cases have been fully funded via our platform, of which two have been successfully resolved, generating a 43% and 94% return to investors in 8 months and 15 months, respectively, while the other 7 cases are still ongoing. Total amount of capital raised to date is £1,090,440 with an average IRR on the resolved cases equivalent to 69.8%. There are no losses to date. 
Mastermind.fm Podcast - Litigation Funding with Cormac Leech

In this podcast, Jean Galea and Joseph Galea meet Cormac Leech from AxiaFunder to discuss how investors can potentially make money from litigation cases. 
Profile Review by Explore P2P
Hedge funds have made big returns funding litigation cases. With AxiaFunder, you can now participate too  

This article is part of the Explore P2P Profile and the views expressed (excluding those contained in the interview segment) are those of the author (not affiliated with AxiaFunder). 

AxiaFunder is the most interesting new crowdfunding site we have seen in the last year     --- Explore P2P 

Todocrowdlending.com - Interview with Cormac Leech AxiaFunder CEO 2020
This article is from todocrowdlending.com and the views expressed (excluding those contained in the interview segment) are those of the author (not affiliated with AxiaFunder). 

“The first litigation crowdfunding platform in Europe. A very interesting platform which brings a new asset class… and might be a solution to take into account for those of you interested in finding potentially profitable investments with literally 0 correlation to the stock markets.” 
---  todocrowdlending

Originally published on todocrowdlending.com by Jesus Arias on 02 June 2020
AxiaFunder returns 94% to investors through second commercial litigation case win

AxiaFunder returns 94% to investors through second commercial litigation case win  This article is from Yahoo Finance and the views expressed are those of the author (not affiliated with AxiaFunder).  

Yahoo finance reported on AxiaFunder’s second case has resolved successfully, returning 93.75% to investors in only 15 months. It also reported that the most recent investment opportunity offered on AxiaFunder’s platform reached its funding goal in less than 24 hours from launch. 

Originally published on Yahoo Finance on 24 April 2020 https://finance.yahoo.com/news/axiafunder-returns-94-investors-second-090000581.html
The only free lunch in finance?
Harry Markowitz the Nobel prize winning economist and godfather of modern portfolio theory famously remarked that diversificationis “the only free lunch in finance” and as a result it is a term that gets tossed around fairly indiscriminately in the investment community – often by financial advisors and private wealth managers or in product marketing pitches. The usual intention being to reassure investors their exposure is not concentrated on a single risky bet but instead spread across a number of supposedly independent wagers. In other words - not putting all your eggs in one basket! 

The idea being that this should significantly increase the likelihood of a positive return given there should (at least in theory) be only a remote chance that all these smaller bets yield negative outcomes simultaneously.  

However, the danger is when investors are sold what they are told is a diversified, low risk, investment but the individual sub-investments are either correlated to each other or to one or more common factors.

Opportunity Knocks for Litigation Finance

Cormac Leech, AxiaFunder’s CEO has outlined the increasing need for litigation funding and the ways in which AxiaFunder is placed to bridge that gap in funding. 
  • Litigation finance: the changing face of the commercial litigation landscape.
  • COVID-19 pandemic: how the pandemic can be an opportunity for growth.
  • Supporting legal practitioners: litigation funding & cash flow management.
Originally published on New Law Journal on 09 April 2020 https://www.newlawjournal.co.uk/content/opportunity-knocks-for-litigation-finance.
Case assessment: legal merits
When AxiaFunder take on cases for investment the merits of the case are given careful consideration. This, in turn, raises the question about what is meant by the merits. There are many constituents.
Litigation funding & rule of law
What is the rule of law, and how does litigation funding improve it?
The best kept secret in investing?
Having experienced a significant broad-based rally in equity and property markets over the last 9 years, arguably now is a good time for eligible investors to look to diversify their exposure across other asset classes - ideally those with little or no correlation with traditional risk markets. In this regard, litigation funding seems like an attractive option although not without its own specific risks. 

By Rabin Tambyraja, Professional Investor and AxiaFunder shareholder

Posted on 21 May 2018
New P2P platform launches to fund litigation cases

AxiaFunder, a new platform for crowdfunding litigation based in the UK, was launched earlier this January. The first case offered from AxiaFunder has already been fully funded. It was a dispute concerning professional negligence that was looking to raise £12,720. Investors can expect a return of 60% per annum if the case is successfully resolved.  Across all cases AxiaFunder predicts a return that will be on average within the 20-30% range. This is still a very high return when compared even to other alternative finance investments.  

Read the full article by Kathryn Gaw, originally published on 19th January 2019 at: http://www.p2pfinancenews.co.uk/2019/01/17/new-p2p-platform-launches-to-fund-litigation-cases/

Posted on 18 Jan. 2019
Litigation finance industry opens up to private investors

The growing popularity of litigation finance has been fuelled by billions of dollars from hedge funds, private equity and other institutional investors. Now a crowdfunding platform due to launch in the UK early next month is hoping to spread the word — and the high returns — to private investors. In recent years, money has been pouring into litigation finance businesses, which provide upfront funding for claimants who cannot afford to fight legal disputes in return for a share of any settlement or damages.  

Originally published in Financial Times by Barney Thompson, legal correspondent on 23rd August 2018

Posted on 23 Aug. 2018
London Fintech podcast - Litigation crowdfunding w/Cormac Leech CEO Axiafunder

Here is the new episode of the top rated London Fintech Podcast. The in-depth podcast is between Mike Baliman the podcast founder/host and AxiaFunder Co-founder Cormac Leech.  

As introduced by London Fintech Podcast: 
Creativity springs eternal. Here is yet another new topic, one that no one could have imagined even a couple of decades ago. Litigation crowdfunding gives litigants a new source of funding and investors a totally new investable asset with non-correlated returns. Cormac Leech CEO and co-founder of AxiaFunder walks us through this complex landscape.

To listen to the podcast, please go to: https://londonfintechpodcast.com/lfp121-litigation-crowdfunding-w-cormac-leech-ceo-axiafunder/

Posted on 4 Feb. 2019
Litigation crowdfunding: socially Inclusive or ambulance chasing?
Litigation funding - where third-party financing is used to pay for legal action - has been around for many years now. Although successfully applied to a certain segment of the legal market, until now it has generally been restricted to hedge funds and private equity firms generating attractive returns from large cases. That seems to be about to change with potentially positive implications for social inclusion. 

Written by Alex Heshmaty, a legal copywriter and journalist, sponsored by AxiaFunder

Posted on 4 Feb. 2019
Wisdom of crowds: startup brings crowd funding to litigation finance by CityAM

When Cormac Leech, chief executive of new crowd funding litigation platform Axiafunder, is questioned about the potential 20-30 per cent returns offered to investors on its website, he doubles down.

Written by James Booth, CityAM reporter covering the legal and insurance sectors, published by CityAM on 11 Feb, 2019

Posted on 13 Feb. 2019
Fancy Something Different for Your Isa? Try a Little Innovation

Innovative Finance Individual Savings Accounts (IFISAs) allow investors to be innovative in the ways they invest. There are many different areas which one can invest in using IFISAs to get tax-free returns. Carol Lewis reports on the various options including investing into AxiaFunder’s IFISAs eligible offers which are allowing investors to invest in legal cases. The range of options for investments which are eligible to be put into an IFISAs are very diverse. IFISA investments can earn tax free interest for the investors and allow small businesses and individuals to access loans. 

Continue to read at: https://www.thetimes.co.uk/article/fancy-something-different-for-your-isa-try-a-little-innovation-r3b0ms6c5

Originally published in Financial Times written by Carol Lewis, on 2nd March 2019 

Posted on 6th March 2019
How to Suffer Loss
Bruce Packard writes about the different ways in which we should consider the risk of loss. He reflects on the lessons we can learn from the very first joint stock companies of the City of London, the St Petersburg Paradox discussed by Daniel and Nicolaus Bernoulli in 1738, and what these can tell us about the risks of loss in litigation finance.  

“The idea of litigation finance is simple, legal cases cost money and sometimes a claimant is unable to afford to fight a case; so in exchange for money up front, they share the return of any settlement winnings paid out in the future. Burford Capital does this very successfully – but Cormac is trying to allow retail investors to fund smaller cases."

Continue to read at: https://brucepackard.com/how-to-suffer-loss/

Originally posted on Bruce Packard’s blog on 12 Oct., 2018 

Posted on 6th March, 2019
Axia sponsorship & participation at R3 London & SouthEast Regional Meeting
Axiafunder participated in the R3.org R3 LONDON & SOUTH EAST REGIONAL MEETING, hosted by Farrer & Co, regarding  how to best support and engage with new professionals within the Restructuring sector. AxiaFunder sponsored the event with director Cormac Leech participating as a speaker. 
AxiaFunder case win: net investor gain of 43% after 8 months
Case ID 1555, funded in January 2019 has settled, with the case SPV being paid its full contractual entitlement, following a successful mediation in early July.

Posted on 30th Aug. 2019