JPMorgan Asset Management is entering the legal finance sector by investing in mass tort law firms. The division advances capital to firms based on their expected legal fees.
This strategy targets investment returns that do not correlate with stock market movements. Public documents from 2024 and 2025 confirm deals with at least two firms.
The identified firms include Seeger Weiss and Simmons Hanly Conroy. While specific financial details remain undisclosed, the move marks a major asset manager entering a field typically led by specialized litigation funders and alternative investment firms.