Pi Secured Legal Loans Fund


Fund Portrait
The Pi Secured Legal Loans Fund is an alternative investment vehicle designed to provide investors with stable, uncorrelated returns by funding legal disbursement loans in the UK. The fund plays a critical role in enhancing “Access to Justice” by financing legal expenses for claimants involved in civil litigation, particularly in cases where upfront costs would otherwise be prohibitive. Claims are typically insured, and capital is secured via After-The-Event (ATE) insurance policies, ensuring a high degree of downside protection for investors.
INVESTMENT MANAGER | Pi Investment Management Limited |
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LINKEDIN COMPANY PAGE | - |
FUND | Pi Secured Legal Loans Fund |
TYPE STRUCTURE | Sub-fund of Pi Investments Funds SA SICAV RAIF; Alternative Investment Fund (AIF) |
DOMICILE | Luxembourg |
LAUNCH DATE | Class I-GBP-A: 1 December 2024 |
DISTRIBUTOR SWITZERLAND | OpenFunds Investment Services AG (Switzerland) |
AUDITOR | Atwell Sàrl |
CUSTODIAN | Zarattini International Limited, Luxembourg Branch |
REGULATOR | Commission de Surveillance du Secteur Financier, Luxembourg (CSSF) |
PAYING AGENT SWISS | Società Bancaria Ticinese SA |
GEOGRAPHY | Primarily UK-based legal claims |
SECTOR | Legal Disbursement Financing |
SHARE CLASSES | Accumulation, Distribution |
CURRENCY | GBP, EUR, USD |
INITIAL CHARGES | - |
MINIMUM SUBSCRIPTION | EUR 10,000 (or equivalent) |
LIQUIDITY | Monthly, subject to 3-year notice and 95-day payment period |
MANAGEMENT FEE | Accumulation: 1.5% p.a., Distribution: 2% |
PERFORMANCE FEE | 10% above 6% net annual return threshold |
FUND SIZE | GBP 10.6 million |
MANAGER TRACK RECORD | - |
ISIN | Please refer to the factsheets |
SFDR CLASSIFICATION | Article 6 |