Fortress Investment Group has risen to the top of the litigation funding industry. It put $6.6 billion into legal assets and another $2.9 billion into intellectual property. But beyond money, the secret to the company’s success may be its enthusiasm and attention to detail.
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Bloomberg Law Litigation and Finance correspondent Emily Siegel spoke with two Fortress executives: Jack Newmark, managing partner and co-chief information officer, and Eran Tzur, head of intellectual property. The conversation lasted almost three hours. The two discussed the firm’s litigation finance activities in detail for the first time. Mr. Siegel also reviewed UCC filings to clarify where some of that money is being spent.
In this episode of our podcast, “On The Merits,” Siegel talks about what we’ve learned about this secretive company, who they work with, and how a nearly 10-year-old Tour article about patent trolls… He details how it stuck with him over and over again.
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