CHICAGO, Jan. 13, 2014 /PRNewswire/ -- Gerchen Keller Capital, LLC ("GKC") today announced the close of its second private investment fund, GKC Partners II, LP. Together with its first fund, GKC now has more than $300 million in assets under management dedicated to commercial litigation finance. The additional capital cements GKC's status as one of the largest providers of financing solutions to companies and law firms involved in commercial litigation.
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"As we complete our first year of operations, we are thrilled with our progress to date," Chief Executive Officer Adam R. Gerchen said. "Our investors include some of the largest public pension, university endowment, and family office institutions in the United States. We are grateful to all of them for their trust in and support of the team."
Since its inception in 2013, GKC has committed capital to more than a dozen investments, several of which already have delivered positive returns.
"We look forward to continuing to be one of the global leaders in the commercial litigation finance industry," Managing Director Ashley C. Keller said. "Our unique approach as a value-added litigation partner, not a mere commoditized source of capital, continues to differentiate our brand in the marketplace."
GKC has invested in support of companies and law firms of all sizes, including multiple Fortune 500 companies and Am Law 50 law firms.
"Our style of underwriting and the financial products we have developed for our clients have resonated with some of the largest organizations in the world," Managing Director Travis D. Lenkner said. "We continue to see strong demand from leading companies and law firms, in part due to the continued increasing costs of litigation and pressure on corporate legal budgets."
Also today, GKC announced the recent addition of two investment professionals. Adam J. Gill is a Principal who focuses on patent opportunities for GKC. Gill is a former partner in the intellectual property group at Kirkland & Ellis LLP. Most recently, he was a director and senior counsel at Intellectual Property Exchange International, Inc., a financial exchange for licensing and trading intellectual property rights. David J. Spiegel is an Analyst who concentrates on commercial litigation opportunities for GKC. He is a former litigation attorney at Kirkland & Ellis LLP.
About GKC: With more than $300 million in assets under management, Gerchen Keller Capital, LLC is one of the largest U.S.-based investment firms focused on commercial litigation. GKC provides capital to commercial plaintiffs and defendants and the leading law firms that represent them. GKC's innovative financial solutions help reduce litigation risks and enable law firms to offer alternative fee arrangements that respond to market demands.
To learn more, visit www.gerchenkeller.com, email [email protected], or call (312) 757-6070.
Media contact: Travis D. Lenkner, Managing Director, (312) 757-6073, [email protected].
GKC is registered as an exempt reporting adviser and is in the process of registering as an investment adviser with the United States Securities and Exchange Commission. All information contained in this press release is for informational purposes only. Nothing in this press release is to be construed as a solicitation to offer investment advice or services. Information about investing in GKC-managed funds is available only in the form of private placement memoranda and other offering documents.
SOURCE Gerchen Keller Capital, LLC
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