Litigation Capital Management Limited's (AIM:LIT) Patrick Moloney talks to Proactive London's Katie Pilbeam after announcing their interim results for the half year ended 31 December 2020.
Moloney says LCM has made significant progress in building scale across the business in the first half of the year. He alludes to their strategic alliances with global law firms strengthening as well as receiving an increased flow of quality applications.
He says the $50m credit facility, which was secured in February, increases the flexibility of their capital structure, allowing them to both increase their portfolio of direct investments in addition to increasing their asset management business.