General Partner of Vindico Fund I
About Us
Vindico Fund I invests primarily in litigation finance assets and in medical receivables related to personal injurious cases.
Litigation finance is a type of alternative financing that provides claimants and defendants with the funds they need to contest disputes. In exchange, the third-party financier (Vindico Fund I) receives a portion of the settlement.
Vindico Fund I provides financing to individuals in personal injury cases. Also, it acquires medical receivables from SME clinics in the United States related to those cases. Those entities choose to sell some of their receivables to fund their operational expenses, as they cannot wait 14 to 18 months to get paid by insurance companies.
Litigation Finance Benefits
Balance sheet cleaning for Companies: Converting a potential liability (litigation costs) into an asset (cash at hand)
Preventing lack of capital as an obstacle for obtaining justice
• Global PE funds exceed 5 trillion US$ in 2024
• Global LF funds amount to 25 Bn US$ in 2024
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Almost zero correlation with Equities or Bonds.
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Betting on one lawsuit is risky. Betting on several is not. Ruling results are not correlated. Also, around 70% lawsuits are settled
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Acquiring medical receivables after a thorough due diligence can be extremely profitable (clinics also perform their DD)
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• MOIC of 2 to 2.5x
• RR of +35% to 63% (plaintiff and medical, respectively)
An investment duration of 14 to 18 months, much shorter than Private Equity Funds
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PE average of 10 years (6 to liquidate assets)
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LF average of 6 years (2 to liquidate assets)
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Vindico Fund I Structure
10M UDS
Target
6 Years
Fund Life
24 Months
Commitment Period
15% of Fund
Maximum exposure
2%
Management Fee
20%
Performance Fee
8%
Preferred Rate
European
Distribution Waterfall
250K USD
Minimum Ticket
May 2025
Closing Date
PAG LAW
Legal Counsel
Wells Fargo
Bank
Solid Track Record
The Vindico Fund principals and its strategic partners have been involved in the finance business for more than 80 years, combined.
Vindico has partnered with a California entity which has a KPMG audited track record of more than three years investing in litigation finance and purchasing medical receivables.
To date, more than 130 transactions have been closed (including medical receivables and lawsuits). Net returns have exceeded 50% annually. Zero defaults have occurred since inception.
California has around 4600 clinics. We estimate that more than 20% of those clinics need to finance their operations via selling a portion of their medical receivables. California has around 540 car accidents per day with personal injuries.
Team
Alex Aberg
Cobo
Managing Partner
Santiago Dufay de Lavallaz
Managing Partner