CHICAGO, Jan. 6, 2016 /PRNewswire/ -- Gerchen Keller Capital, LLC—the world's largest investment and advisory firm focused on legal and regulatory risk—is launching its latest private investment fund this week. The new fund totals more than $400 million. Together with existing vehicles, Gerchen Keller now has more than $1.4 billion in assets under management, more than double the size of its nearest competitor.
"As more capital is required to respond to the growing demand for our services, we appreciate the continued support of the institutional investor community," Gerchen Keller Chief Executive Officer Adam Gerchen said. "The application of well-established financial products and services to the legal industry is still in its early stages, but we are now firmly established as the leader in this field. Acceptance of our services is quickly accelerating as lawyers, law firms, and companies come to understand the full range of solutions we provide. We are particularly encouraged by repeat business from the country's top law firms and leading litigation boutiques."
By virtue of the size and flexibility of its capital base, Gerchen Keller can create and price solutions that are otherwise unavailable in the litigation finance market, from investments related to early-stage litigation to late-stage financing such as structuring large litigation settlements and accelerating legal fees. "It isn't just that we have a significant advantage in the amount of capital at our disposal," Managing Director Ashley Keller said. "It's the fact that we can offer investment terms that correspond to the relative level of risk we are undertaking. We solve problems where others can't."
Gerchen Keller's capital solutions include traditional financing for litigation and arbitration matters, as well as products to reduce appellate risk, protect defendants against outsized liability exposure, and accelerate legal fee receivables and settlement payments. A recent independent survey rated Gerchen Keller the number-one litigation finance firm with which to do business.
New Hires and Promotions. In response to its increasing investment activity, Gerchen Keller also announced it has added two senior members to its team and promoted three individuals to leadership roles.
The firm has hired Andrew Langhoff as a Principal to lead its origination efforts. Langhoff previously was Chief Operating Officer of Burford Capital, where he oversaw global business development/marketing and ran that company's London office. The firm also has hired Katharine Wolanyk as a Principal. Wolanyk, who is responsible for the firm's relationships with the intellectual property community, most recently was President and Chief Legal Officer of Soverain Software.
Gerchen Keller also announced three promotions. Douglas Gruener, a former partner at Katten Muchin Rosenman LLP, now serves as General Counsel. David Spiegel, a former litigation attorney at Kirkland & Ellis LLP, now serves as a Principal. And Therese Stoch, who previously was Chief Financial Officer at Chicago Fundamental Investment Partners, LLC, now serves as Chief Financial Officer.
"These hires and promotions will enhance our already world-class team across a host of functions, from origination and underwriting to transactions and operations," Managing Director Travis Lenkner said. "We are delighted to have attracted a talented and deeply experienced set of leaders. These five individuals have proven themselves in their respective fields and at Gerchen Keller, and they will be a key component of our success going forward."
New Website and Office. Also this week, Gerchen Keller unveiled a redesigned website, www.gerchenkeller.com, and announced the completion of its recent move to new, larger offices at 353 North Clark Street in Chicago.
About Gerchen Keller Capital, LLC: Gerchen Keller Capital, LLC is the world's largest investment and advisory firm focused exclusively on legal and regulatory risk. Gerchen Keller provides capital and other financing and risk-management solutions to companies, law firms, and investment funds involved with or invested in complex litigation, arbitration, and transactional matters. Through various private vehicles, the firm manages more than $1.4 billion in assets for public pensions, financial institutions, endowments, foundations, and select family offices. The firm was founded in 2013.
Media Contact: Travis Lenkner, Managing Director, (312) 757-6073, [email protected].
Gerchen Keller Capital, LLC is registered as an investment adviser with the Securities and Exchange Commission. This release is for informational purposes only. Nothing herein should be construed as a solicitation to offer investment advice or services. Information about investing in Gerchen Keller-managed funds is available only in the form of private placement memoranda and other offering documents.
SOURCE Gerchen Keller Capital, LLC