Analytics

Pricing, monitoring, and explanation — built into the asset.

Every position carries its own live model output and AI-generated commentary. Look at one case or look at the whole book — the same engine is doing the work.

Asset-level

Underwrite the case, not the cover sheet.

Each asset is scored across the dimensions that actually move outcomes — calibrated against a continuously-updated reference set of legal asset performance.

Recovery probability

Bayesian-blended estimate combining case-type base rates, jurisdiction priors, claim-construction features, and counterparty track record.

Duration modelling

Time-to-resolution curves built from millions of comparable docket events, conditioned on stage, motion practice, and judge-level pace.

Jurisdiction risk

Forum-shopping, venue rules, appellate posture, and historical recovery patterns by district and circuit — surfaced before money moves.

Counterparty quality

Defendant solvency, panel-counsel quality, plaintiff-firm history of monetised outcomes, and prior settlement behaviour.

Capital structure

Existing senior debt, prior funders, fee-waterfall position, and downside protections — so what looks like a small position isn't actually subordinated to four others.

Scenario sensitivities

Per-asset Monte-Carlo over recovery, duration, and contingent costs — surfaced as IRR, MOIC, and drawdown bands.

AI summaries

The one-paragraph read your IC actually wants.

Alexi reads the case file, the docket, the expert memos, the relevant precedents, and your firm's own underwriting notes — then writes the read. Sources are cited. Numbers are tied back to the model.

● Asset summary

Case 2026-TX-441 · Commercial breach

Strong claim-construction posture and a defendant balance sheet that supports the claimed quantum. Modelled recovery probability of 74% (±6%), with duration centred on 22 months. Primary risk is a pending motion to dismiss on standing — outcome of that motion shifts modelled IRR by roughly 9 points. Recommend sizing inside mandate cap with milestone-based release.

Sources: docket entries 1–47, expert memo (Greene), comparable matter 2024-NY-118.

● Portfolio commentary

Q2 portfolio · 38 positions

Vintage 2024H2 positions are tracking ahead of base case on duration, with three early settlements driving a 4.2-point uplift to projected IRR for the cohort. Concentration sits at 0.27 (HHI), well inside mandate. Two patent positions in EDTX are exposed to a shared Markman ruling expected within the quarter — surfaced for IC review.

Sources: 38 position files, 11 docket pulls in last 24h, 2 IC memos.

Portfolio analytics

The book, in one place, in real time.

Concentration, vintage, correlation, and scenario analytics across the entire book — drillable to the position, exportable to your existing risk stack.

Portfolio · sample mandate
OverviewPositionsCashflowsScenarios
Allocation by asset class
● Commercial litigation 30% ● Patent & IP 20% ● Mass tort 15% ● Judgment 13% ● Subrogation 12% ● Other 10%
Modelled IRR distribution
10%median 21.4%32%
Concentration
0.27
HHI · within mandate cap of 0.35
Vintage performance vs. base
● Actual    ● Base case
Top exposures
EDTX patent
9.2%
SDNY commercial
7.1%
DE bankruptcy
6.0%
UK arbitration
4.8%
Stress test (downside)
-6.4%
IRR delta · 95th-percentile docket-event shock

Illustrative dashboard. Live deployments are configured against your fund's mandates and reporting standards.

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