The Meb Faber Show
The Meb Faber Show
Welcome to The Meb Faber Show, where the focus is on helping you grow and preserve your wealth. Join us as we discuss the craft of investing and uncover new and profitable ideas, all to help you grow wealthier and wiser. Better investing starts here.
Meb Faber
PodcastAI
PodcastAI

Thiel Fellow Eva Shang - Litigation Finance Masterclass | #537

Jun 7, 2024 • 46 mins

Today’s guest is Eva Shang, co-founder and CEO of Legalist, which is an institutional alternative asset management firm using data-driven technology to invest in credit assets at scale. Eva is a Thiel Fellow and participated in Y Combinator. In today’s episode, Eva covers everything related to litigation finance. We walk through why the asset class exists, how it works, using AI to source deal flow, and more. Then we get into her thoughts on building an asset management firm and why she launched a Government Receivables strategy.

Key Points

  • Litigation finance involves investing in lawsuits, where the investor profits if the lawsuit is successful and loses their principal if it is not.
  • Legalist leverages technology to identify promising litigation cases by crawling state and federal court dockets and reaching out to lawyers whose cases have passed significant legal hurdles.
  • The firm has diversified its strategies to include investments in bankruptcy and government receivables, offering unique opportunities in alternative credit markets and maintaining a strong focus on uncorrelated returns.
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