LB Capital Announces $30 Million Institutional Capital Raise for Litigation Finance Expansion
LB Capital, a national specialty finance company focused on pre-settlement litigation funding, announced plans to raise $30 million in institutional capital. The funds will be used to expand its funding portfolio and support long-term growth following strong performance in the first half of 2026. The financing effort follows a recent equity contribution from founder Dr. Peter Caravella and is intended to establish strategic partnerships that deliver disciplined expansion and attractive returns for investors. LB Capital collaborates with Legal-Bay Funding, an established lawsuit funding originator, which has helped develop its proprietary origination platform over the past twelve years. With additional capital, management expects a 30% growth in origination sales within three years starting from 2027. The company is preparing detailed investment materials and plans to begin discussions with institutional investors during September.
Topics: institutional capital raise litigation finance specialty finance