- Business
- Litigation Capital Management Limited (LCM) is an Australia-based alternative asset manager specializing in dispute finance solutions internationally. The company operates through direct investments from its permanent balance sheet capital and third-party fund and asset management; its core products and services include single-case and portfolio disputes finance for companies, international arbitration, and law firms, disbursement funding, enforcement funding and purchase of awards, adverse cost coverage, and security for costs support across class actions, commercial claims, and insolvency-related matters. Founded in 1998 and headquartered in Sydney, Australia, with additional offices in London, Brisbane, Singapore, and Melbourne, LCM funds disputes in multiple jurisdictions including Australia, the United Kingdom, and globally. Recent developments encompass realisations generating a 1.8x multiple of invested capital in the year ended June 2025, including significant arbitration wins against Poland and Tanzania; a strategic review announced in September 2025; a pause in marketing its third fund amid US tax uncertainties with plans to resume in late 2025 or early 2026; appointment of the CFO to the board in December 2024; and reaffirmation of a $14 million facility for Panthera Resources.