Legalist
Legalist is a fintech company based in San Francisco, specializing in technology-enabled alternative investments, with a focus on litigation finance, bankruptcy, and government receivables. Founded in 2016 and part of Y Combinator's S16 batch, the firm manages approximately $901 million in assets.
Company Overview
Legalist is a technology-enabled asset management firm founded in 2016 and incubated at Y Combinator. The company operates within the fintech industry, specifically focusing on credit and lending. Legalist has a team of 40 employees and offers both in-office and remote work options. The firm is in the early stages of its development and has participated in Y Combinator's S16 batch.
Investment Strategies
Legalist specializes in alternative assets, utilizing technology to identify investment opportunities. The firm's strategies include Litigation Finance, Bankruptcy, and Government Receivables. It focuses on esoteric private credit assets and aims to provide uncorrelated yield for institutional investors. The company leverages artificial intelligence to analyze public datasets for investment identification.
Assets Under Management
As of the latest data, Legalist manages approximately $901 million in assets under management (AUM). The firm has launched its first fund in 2017 and has since grown its portfolio to include nearly $1 billion in technology-enabled alternative investments. Its clients include endowments, foundations, hospitals, insurance companies, and family offices.
Locations and Operations
Legalist operates primarily from its office in San Francisco, CA, USA, while also offering fully remote services. The firm serves various regions, including the United States of America and Canada. Its operational model supports a flexible work environment, catering to both local and remote team members.
Industry Position
Legalist is positioned within the fintech sector, specifically in the credit and lending sub-industry. The firm focuses on technology-driven investment approaches, distinguishing itself in the market by providing innovative solutions for alternative investments. Its emphasis on artificial intelligence and data analysis aligns with current trends in the financial technology landscape.