⁍ LexShares focuses on the midsize commercial litigation market.
⁍ Its second fund has a $100 million target size.
⁍ Hiring Kenneth Harmon, a former federal prosecutor, is the latest example.
– A Boston-based litigation funder has expanded its ranks with the hiring of a former federal prosecutor as its director of risk and deputy general counsel, Westlaw Today reports. Jay Greenberg, CEO and co-founder of LexShares, says the company, which focuses on the midsize commercial litigation market, has “grown dramatically” since it was founded in 2014 and recently opened a second fund with a $100 million target size. Kenneth Harmon, a former federal prosecutor, will be LexShares’ first director of risk and deputy general counsel.
Source: https://www.reuters.com/article/lexshares-growth-kennethharmon/lexshares-taps-ex-prosecutor-touts-dramatic-growth-for-midmarket-litigation-funding-biz-idUSL1N2GQ1VQ