Atlanta-based investment firm Bay Point Advisors, which focuses on niche private markets, announced the successful close of a $50 million capital raise for Bay Point Legal Fund II. This funding round demonstrates Bay Point’s commitment to innovative investment solutions in the litigation finance sector.
The new funds will be deployed to identify, invest, and support allocations across several litigation strategies, including primary and secondary mass tort acquisition, mass arbitrations, and single-event cases.
Bay Point Legal has a team of experienced professionals who have deep expertise in legal, financial, and operational aspects of litigation finance. And Bay Point believes that its investment approach and extensive network enable the firm to identify and capitalize on high-value opportunities.
Launched in 2012 and based in Atlanta, Georgia, Bay Point Advisors is a privately held investment firm with a strategic focus on niche markets often underserved by traditional financial institutions. Its broad investment criteria allow for a dynamic response to market shifts.
KEY QUOTES:
“This marks a significant milestone in our 12-year journey. Bay Point Legal Fund II advances our initial vision for the firm of offering uncorrelated investment opportunities. We are excited to leverage our team’s expertise in litigation finance to continue our growth trajectory and deliver value for our investors.”
-Charles Andros, President and Chief Investment Officer at Bay Point Advisors
“We are excited about the closing of Bay Point Legal Fund II. We have substantial capital to make an impact in the quickly evolving litigation finance vertical. Fund II will build on the creative and diversified, equity type, mass tort investments made in Fund I while also expanding into new investment opportunities such as hybrid torts, abuse cases, mass arbitrations and single events. The fund has the potential to provide returns uncorrelated to equity markets, while also helping deliver equitable compensation to claimants who previously had limited avenues to justice.”
-Sean Coleman, Managing Director of Bay Point’s Legal Finance strategy
