Litigation Capital Management (AIM:LIT) Limited's (LON:LIT) Patrick Moloney presents their full year results 2021.
Assets under management grew 34% to A$336mln (£178mln) in the year to June 2021 and the number of applications it received rose by 10% to 572 even with the disruption caused by Covid.
LCM's investments are split between its own book and a A$150mln investment fund, with a second fund set to meet its US$300mn launch target early next year.
Over the year, LCM added it committed A$109mln gross with the amount invested rising by 69% to A$88mln, inclusive of third party funds.