PORTFOLIO CASES
HOUSING DISREPAIR
In addition, AxiaFunder has been funding UK Housing Disrepair (HDR) Litigation Claims since May 2022 - raising £9.3m to date across 27 separate limited partnership Special Purpose Vehicles (SPVs), funding 3398 claims.
Figure 3: Cumulative Portfolio Funding by Law Firm
Law Firm 1 The first funded law firm went into administration in July 2024. This law firm was funded via 7 SPVs. Investors will recover their invested capital only.
Law Firm 2 To date, 1265 claims were funded via 10 SPVs. The net investor returns for the first 7 SPVs are shown below. The dots show the investor net gains by tranche and time of the tranche payment. For example, looking at SPV1 funded in April 2023, the first 10%-tranche had an investor return of 8.9% in December 2023, 8 months after the Offer launch, followed by returns of 18.6% and 24.4% in March and May 2024 from the second and third tranches respectively.
In total, 18 10%-tranches have been repaid to date, together comprising 263 resolved claims (out of 850 claims funded by these 7 SPVs). The average gain to investors across the settled claims is 18.7%. Contractually, claims that settle after a longer period tend to generate a higher return, e.g. the 5th
tranche of SPV1 has generated returns of 30.7%.
Law Firm 3 To date, 900 claims were funded via 6 SPVs. The net investor returns for the first 1 SPV are shown below. To date, 1 10%-tranche has been repaid, comprising 13 resolved claims (out of 135 claims funded by this SPV). Contractually, SPV1 is entitled to receive a share of the law firm’s revenue on each claim regardless of the claim resolution timing. The other SPVs accrue the return daily.
Law Firm 4 To date, 629 claims were funded by 4 SPVs. There have been no repayments to investors yet.
DIESEL EMISSION CLAIMSAdditionally, AxiaFunder raised £960,000 for diesel emission claims against different car manufacturers via 2 SPVs.
To view current investment opportunities (if any), visit our investments page.
Disclaimer: Past performance is not a guarantee of future results and projected returns are not guaranteed to be realised. You should not invest unless you are willing to lose all the money you invest. This is a high-risk investment, and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more. * 3 cases were funded with one SPV via Offer ID 2510; 3 cases were funded with one SPV via Offer ID 3536; 4 cases were funded in stages using separate SPVs.
** Net investor return accrued to date. For resolved cases this is the actual net gain after fees received by investors. For ongoing cases, this is the net return investors would get after all fees if there was an immediate case win.
*** Total primary trading volume
**** Internal Rate of Return (IRR); Average refers to the arithmetic mean
*****
Win means case resolved with a positive financial return for investors.
Lose means case resolved with a negative financial return for investors
****** An offer categorised as High-Risk has a higher probability of loss (and higher potential return)