Lake Avenue Capital

Lake Avenue Capital, LLC was founded in 2011 for the purpose of securities class action settlement claim purchasing. Lake Avenue enables firms to immediately monetize their securities class action settlement claims. Typically, firms monetize claims due to firm or fund liquidations as a result of closures or return of capital to investors. Lake Avenue conducts in-depth analysis of a fund's trading history and bids for the right to file and collect on the potential future receivables from securities class action settlements. Based on a proprietary factoring model, Lake Avenue is able to quantify fund's claims portfolios and offers the fund immediate liquidity in exchange for future settlements payments. Once a transaction is executed, Lake Avenue Capital facilitates the complex claims recovery process over a number of years.