Overview: |
| Title: Investing into Litigation Finance/Law Firm Lending with Pravati Capital |
| Date: Monday, January 23, 2023 |
| Time: 1:00 PM Eastern Daylight Time |
| Duration: 1 hour |
Register Now: |
| Already Registered? |
Summary: |
||
|
Now On Demand |
||
Speaker: |
||
|
||
Kevin has a 15-year career in finance and alternative investments, including in depth product knowledge in litigation finance. Previously he served as the Director of Marketing for Old Hill Partners, an asset-based lender in Darien, CT. He has also worked for a lower-middle-market lender/merchant bank, as well as a litigation finance fund that specialized in the purchase of legal fees arising from settled litigation. Kevin holds a BA from Columbia University, an MA from Fordham University, and an MBA from the Stern School of Business at New York University. |
DISCLAIMER
This information is being provided to the recipient at its specific, unsolicited request for informational purposes only. Pravati Capital LLC (individually or together with its affiliates, as the context requires, “Pravati”) makes no representation or warranty regarding the accuracy of completeness of the information contained herein or whether it will assist the recipient in connection with its due diligence.
This information does not constitute and should not be construed as an offering of advisory services or an offer to sell or solicitation to buy any securities or related financial instruments, and should not be relied upon by the recipient in evaluating the merits of investing in any securities. Responses to any inquiry that may involve attempting to effect transactions in securities will not be made absent compliance with broker-dealer or investment adviser registration requirements, or applicable exemptions or exclusions therefrom.
This information is provided on a confidential basis solely for the information of the recipient. This information may not be copied, reproduced, republished, posted, transmitted, distributed, disseminated or disclosed, in whole or in part, to any other person in any way without the prior written consent of Pravati. By accepting this information, the recipient agrees that it will comply with these confidentiality restrictions and acknowledges that its compliance is a material inducement to Pravati providing this information to the recipient.
This information sets forth certain financial information regarding individual investments of existing investment funds managed by Pravati (each, a “Pravati Fund”). Such information is unaudited, and the investment-level internal rates of return (the “IRRs”) and multiples of invested capital (“MOICs”) are net of any investment-related fees or expenses, but gross of any Pravati Fund-level fees or expenses, including incentive fees or carried interest. Such amounts could be material and could significantly reduce the IRRs or MOICs presented in this information. Because the incentive fee or carried interest allocated to a Pravati Fund’s general partner or investment manager is not calculated on an investment-by-investment basis, but on an aggregate fund basis only, comparable after-fee IRRs or MOICs on an investment-by-investment basis are not available. In addition, because each Pravati Fund makes returns to its investors on an aggregate fund basis, the IRR and MOIC of any given investment may not be meaningful and is not necessarily representative of the IRR or MOIC of the overall Pravati Fund itself.
Returns information is provided only for realized investments. The annualized interest charge is provided for unrealized investments, but such interest charge may not reflect amounts that may ultimately be recovered from such investments, as actual realized returns will depend upon, among other factors, future operating results, the value of the assets and market conditions, any related transaction costs and the timing and manner of pay-off or disposition, all of which may affect the annualized interest rates set forth in this information.
This information relates to prior performance of a Pravati Fund’s investments. There can be no assurance that any Pravati Fund, whether now existing or raised in the future, will be able to earn the rates of return indicated in the tables below since past performance is not indicative of future results, and there is no assurance the investments of any future Pravati Fund will achieve comparable results. Nothing contained herein should be deemed to be a prediction or projection of future performance of any investments of any Pravati Fund, whether now existing or raised in the future, or of such Pravati Fund itself. Moreover, whenever there is the potential for profit, there is also the possibility of loss.
This information speaks as of the date set forth herein. Pravati has no duty to update this information.
This information is being provided to the recipient at its specific, unsolicited request for informational purposes only. Pravati Capital LLC (individually or together with its affiliates, as the context requires, “Pravati”) makes no representation or warranty regarding the accuracy of completeness of the information contained herein or whether it will assist the recipient in connection with its due diligence.
This information does not constitute and should not be construed as an offering of advisory services or an offer to sell or solicitation to buy any securities or related financial instruments, and should not be relied upon by the recipient in evaluating the merits of investing in any securities. Responses to any inquiry that may involve attempting to effect transactions in securities will not be made absent compliance with broker-dealer or investment adviser registration requirements, or applicable exemptions or exclusions therefrom.
This information is provided on a confidential basis solely for the information of the recipient. This information may not be copied, reproduced, republished, posted, transmitted, distributed, disseminated or disclosed, in whole or in part, to any other person in any way without the prior written consent of Pravati. By accepting this information, the recipient agrees that it will comply with these confidentiality restrictions and acknowledges that its compliance is a material inducement to Pravati providing this information to the recipient.
This information sets forth certain financial information regarding individual investments of existing investment funds managed by Pravati (each, a “Pravati Fund”). Such information is unaudited, and the investment-level internal rates of return (the “IRRs”) and multiples of invested capital (“MOICs”) are net of any investment-related fees or expenses, but gross of any Pravati Fund-level fees or expenses, including incentive fees or carried interest. Such amounts could be material and could significantly reduce the IRRs or MOICs presented in this information. Because the incentive fee or carried interest allocated to a Pravati Fund’s general partner or investment manager is not calculated on an investment-by-investment basis, but on an aggregate fund basis only, comparable after-fee IRRs or MOICs on an investment-by-investment basis are not available. In addition, because each Pravati Fund makes returns to its investors on an aggregate fund basis, the IRR and MOIC of any given investment may not be meaningful and is not necessarily representative of the IRR or MOIC of the overall Pravati Fund itself.
Returns information is provided only for realized investments. The annualized interest charge is provided for unrealized investments, but such interest charge may not reflect amounts that may ultimately be recovered from such investments, as actual realized returns will depend upon, among other factors, future operating results, the value of the assets and market conditions, any related transaction costs and the timing and manner of pay-off or disposition, all of which may affect the annualized interest rates set forth in this information.
This information relates to prior performance of a Pravati Fund’s investments. There can be no assurance that any Pravati Fund, whether now existing or raised in the future, will be able to earn the rates of return indicated in the tables below since past performance is not indicative of future results, and there is no assurance the investments of any future Pravati Fund will achieve comparable results. Nothing contained herein should be deemed to be a prediction or projection of future performance of any investments of any Pravati Fund, whether now existing or raised in the future, or of such Pravati Fund itself. Moreover, whenever there is the potential for profit, there is also the possibility of loss.
This information speaks as of the date set forth herein. Pravati has no duty to update this information.