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Adviser Profile

As of Date 03/22/2024
Adviser Type - Large advisory firm
Number of Employees 15 15.38%
of those in investment advisory functions 10
Registration SEC, Approved, 07/28/2017
Other registrations (3)
AUM* 105,429,135 -28.36%
of that, discretionary 66,899,073 -24.10%
Private Fund GAV* 105,429,135 -28.36%
Avg Account Size 17,571,523 -28.36%
SMA’s No
Private Funds 6
Contact Info 415 xxxxxxx

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
273M 234M 195M 156M 117M 78M 39M
2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count6 GAV$105,429,135

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Brochure Summary

Overview

Law Finance Group Management Company is a registered investment adviser with the U.S. Securities and Exchange Commission (“SEC”) pursuant to the Investment Advisers Act of 1940 (the “Advisers Act”) and is a Delaware corporation. For purposes of this brochure, the terms “LFGMC” and the “Firm” mean Law Finance Group Management Company along with its affiliated general partners of the Funds (as defined below). The Firm’s investors are a mix of high-net-worth individuals, institutions, family offices, and private funds. Prior to June 24, 2021, Law Finance Group Management Company was known as Law Finance Group, Inc. Law Finance Group, Inc. was founded by Alan Zimmerman in 1994. LFGMC provides investment advisory services on behalf of investment vehicles, which may be structured as fund vehicles or special purpose vehicles (collectively, the “Funds”) in accordance with the limited partnership agreement (or analogous organizational document) and/or contractual side letters with any such Fund’s investors (collectively, “Governing Documents”). Investment restrictions for each Fund, if any, are generally established in the Governing Documents of the applicable Fund. As of the date of this brochure, the Funds are currently closed to new investors and new investments. The Firm offers innovative funding solutions for plaintiffs and attorneys. LFGMC’s investment strategy consists of originating, diligencing, financing, servicing and collecting interests in civil money judgements on appeal (“AppealFinance”), advances on receivables in civil litigation settlements and contracts (“SettlementFinance”), and cross-collateralized combinations of these and other similar law related assets (“PortfolioFinance”). In addition, the Firm also participates in “Strategic Funding Opportunities”, which are contract or other legal rights and receivables relating to specialty, law related investments and finance opportunities. The Firm’s policy is to allocate investment opportunities in a manner that is consistent with its fiduciary obligations and, accordingly, to allocate investment opportunities fairly and equitably among the Funds, where and to the extent applicable, such that no Fund will be systematically disadvantaged over time. A number of factors are considered when multiple Funds are capable of purchasing or selling a particular investment based on their respective investment objectives, including, without limitations, the amount of available cash, the impact that
any such transaction may have on an existing portfolio’s diversification, risk profile, investment restrictions, concentration limits, existing investments, liquidity, contractual commitments or regulatory obligations and other similar considerations. From time to time, the Firm in its sole and absolute discretion, and as permitted in the Funds’ Governing Documents, may give certain persons or entities (including affiliates of LFGMC and/or their personnel) an opportunity to invest alongside a Fund in certain investments (Co- Investment Opportunities). The Firm generally does so in instances where there is an excess amount of an investment opportunity or where an investment opportunity requires an investment commitment that is above the concentration limits set forth in the applicable partnership agreement (or other governing document) of a Fund. In exercising the Firm’s discretion to decide how to allocate investment opportunities with respect to various parties, the Firm may consider certain factors, which include, but are not limited to: the size and financial resources of the potential co-investment party and the ability of that person or entity to efficiently and expeditiously participate in the investment opportunity with the relevant Fund; the Firm’s past experiences and relationships with the potential co-investment party; the Firm’s evaluation of whether the investment opportunity may subject the potential co- investment party to legal, regulatory, reporting, public relations, media or other burdens that make it less likely that the potential co-investment party would act upon the investment opportunity if offered; and contractual priority rights (including rights of first refusal) that certain Co-Investors may have over acquisition of investments that are otherwise appropriate for other Funds the Firm manages. Such Co-Investment Opportunities may take place concurrently with a Fund or subsequent thereto and will generally be made on substantially the same terms as the investment made by the Fund. Dispositions of any Co-Investments Opportunities are expected to be made at the same time and on the same terms as the disposition of a Fund’s investment. Assets Under Management As of December 31, 2023, LFGMC manages approximately $105 million of Fund assets of which approximately $67 million are assets managed on a discretionary basis, and approximately $38 million are assets managed on a non-discretionary basis.