Overview
Founded in February 2018, Curiam Capital LLC (“Curiam Capital” or “the Manager”) is a private
investment firm that provides financing for high-value litigation and arbitration. Its co-owners and
Managing Principals are J. Ross Wallin and Owen L. Cyrulnik, each with a 50% ownership interest.
Curiam Capital is a Delaware limited liability company operating in one location in New York, NY.
Curiam Capital filed as an exempt reporting advisor starting in 2019 and registered with the SEC in
2021.
Curiam Capital provides investment advisory services to Curiam Investments 2 LLC (“CI2”),
Curiam Investments 3 LLC (“CI3”), and Curiam Investments 4 LLC (“CI4”) (collectively, the
“Funds”), which invest in high-value litigation and arbitration and legal assets. The investments
are focused on individual cases or portfolios of cases that have anticipated damages of at least $10
million and are believed to be meritorious. The capital invested in these litigations and arbitrations
is used to pay legal fees and expenses, and in certain circumstances may be used to pay for operating
expenses of the counterparty business or law firm.
Curiam Capital has a mandate to invest in high-value and meritorious litigation, arbitration, and
legal assets and directs investments accordingly. Curiam Capital does not tailor its advisory services
to the individual needs
of investors in its Funds. Investors may have input into the investment
guidelines that Curiam follows, but investors generally cannot impose restrictions on specific
litigation or legal assets in which Curiam invests.
Curiam Capital does not participate in any wrap fee programs.
As of December 31, 2023, Curiam Capital manages $1,160,108,200 of regulatory assets under
management on a discretionary basis. Curiam Capital does not manage any assets on a non-
discretionary basis.
This Brochure does not constitute an offer to sell or solicitation of an offer to buy any securities.
The securities of the Fund are offered and sold on a private placement basis under exemptions
promulgated under the Securities Act of 1933 and other applicable state, federal or non-U.S. laws.
Significant suitability requirements apply to prospective investors in the Fund, including
requirements that they be “accredited investors” as defined in Regulation D, “qualified purchasers”
as defined in the Investment Company Act, or non-“U.S. Persons” as defined in Regulation S.
Persons reviewing this Brochure should not construe this as an offer to sell or a solicitation of an
offer to buy the securities of the Fund or any other investment vehicles described herein. Any such
offer or solicitation will be made only by means of a confidential private placement memorandum.