Meet the power players of the booming litigation finance industry

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Meet the power players of the booming litigation finance industry
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David Lubarsky; Shane Nelson; Contingency Capital; Bench Walk Advisors; Marianne Ayala/InsiderHeavy-hitting players include hedge funds like Fortress Investment Group and D.E. Shaw & Co..Today, litigation funders have $11.3 billion invested or ready to invest in US commercial litigation, according to a recent estimate by Westfleet Advisors. Westfleet estimates there are at least 46 litigation funders active in the US market.

Heavy-hitting industry players include hedge funds like Fortress Investment Group and D.E. Shaw & Co. Bankers at Stifel and Jefferies have also worked on legal-industry deals. And some of the biggest funders have formed a trade group, the , meant to be a counterweight to groups like the US Chamber of Commerce that would like to see more regulation of their industry.Read the full list of power players here:Subscribe to push notificationsSign up for the Business Insider newsletter - a daily selection of our best stories curated just for you.

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