Invest in Litigation Finance with Virage Capital Management LP

Virage Capital Management LP has been managing money within the litigation finance space for institutional investors, endowments and foundations, fund of funds, and single/multifamily offices since receiving seed capital from a large US institutional investor in September 2013. Across the strategies for the past decade, Virage strives to provide uncorrelated, niche access to distinct litigation finance investment opportunities.

As of March 2024, Virage has two strategies that are open for capital.

Virage Latitude: Alternative Fixed Income Strategy

Virage Capital Partners ("VCP") is in the process of offering interests in Virage Latitude Fund LP (“VLF”) which is the next evolution of Virage’s flagship strategy, Virage Capital Partners “VCP”). Virage’s flagship strategy was seeded by a large institutional investor in 2013 as an alternative fixed income solution that focuses primarily on direct lending in the mass torts space. The flagship strategy has 10 portfolios, and VLF has an expected launch in 2025. While the VCP strategy has a 11-year track record, VLF will build upon the VCP strategy, adding newer structures now possible given advances and changes in the litigation funding space and a/the relatively higher U.S. interest rate environment.

Alternative Fixed Income Solution
Transactions to include loans, funding agreements, prepaid forward purchase agreements, and other arrangements that are not traditional loan-based transactions
Uncorrelated, low volatility return profile

Virage Opportunity Fund

Virage Opportunity Fund (“VOF") launched in 2023, seeking to maximize an opportunity afforded by recent changes in Arizona law that allow non-lawyers to have an equity stake in a law firm that is licensed as an Alternative Business Structure (“ABS”) under those laws. Virage, alongside two of the most prominent and successful law firms within the personal injury space, established Big Auto – Accident Attorneys, PLLC (“Big Auto”), an approved ABS law firm in Arizona that seeks to represent primarily automobile, truck, motorcycle, and other motorized vehicle accident cases nationally. The strategy is unique as it should produce uncorrelated returns and be an income producing investment with an equity kicker in the event of a sale or monetization of the business. Our operating partners in Big Auto have decades of successful experience managing several large personal injury law firms in different parts of the country.

Big Auto uses VOF contributions to operate Big Auto, with the vast majority used to advertise nationally to engage individual clients primarily for automobile accident cases. Big Auto attorneys have co-counsel arrangements with accomplished co-counsel firms that have expertise in automobile accident cases in specific designated marketing areas (“DMAs”) around the country to jointly represent the clients and pursue the cases. Big Auto is approved by the Arizona Supreme Court.

To learn more about Big Auto, please visit https://bigauto.com

Insights on Litigation Finance

At Virage Capital Management, we understand the evolving legal landscape and the unique opportunities it presents. For investors, litigation finance offers an attractive alternative to traditional, often volatile markets. Our carefully crafted strategies provide niche access to distinct investment opportunities that set us apart. This makes litigation finance a compelling option for those seeking stable, predictable returns in today’s dynamic and complex investment environment.

We encourage prospective investors to stay informed about relevant regulations, market trends, and the broader legal ecosystem. By leveraging our knowledge and years of experience, you can confidently navigate the complexities of litigation finance and make sound, strategic investment decisions that align with your long-term financial goals. Let us help you unlock the full potential of this exciting and innovative market.

Contact Virage Capital for UNCORRELATED Investment Opportunities

Virage Capital Management LP offers access to private credit strategy and a private equity-like strategy that are uniquely suitable for institutional investors.

Commonly Asked Questions

What types of investments does Virage Capital Management, LP offer?

Virage Capital Management, LP provides unique investment opportunities in the litigation finance sector, focusing on two primary strategies: the Virage Latitude Fund LP and the Virage Opportunity Fund. The Virage Latitude Fund is an alternative fixed income solution that emphasizes direct lending in the mass torts space, while the Virage Opportunity Fund capitalizes on recent legal changes in Arizona, allowing non-lawyers to invest in law firms. Both strategies aim to deliver uncorrelated returns and low volatility, making them attractive options for institutional investors.

How does Virage Capital Management, LP ensure low volatility in its investment strategies?

Virage Capital Management, LP focuses on providing uncorrelated investment opportunities, which inherently helps in maintaining low volatility. By investing in litigation finance, particularly through strategies like the Virage Latitude Fund and the Virage Opportunity Fund, the firm targets niche markets that are less influenced by traditional market fluctuations. This approach allows investors to achieve stable returns while minimizing exposure to broader economic downturns, making it an appealing choice for those seeking reliable income streams.