CACHETECH

CacheTech purchases interests in legal settlements and pre-settlement receivables. In practice, this means providing cash advances to plaintiffs in personal injury, class-action, or commercial litigation in exchange for a portion of the eventual settlement or judgment. The firm's capital is non-recourse — if the underlying case is lost, the plaintiff generally owes nothing. This asset class is structurally uncorrelated to public equities and fixed income.

Pre-settlement funding is regulated at the state level in the United States, with a patchwork of disclosure requirements, interest-rate caps, and licensing obligations that vary by jurisdiction. Some states treat it as a consumer loan subject to usury laws, while others view it as an investment subject to lighter oversight. CacheTech's geographic footprint and underwriting approach must navigate this fragmented regulatory landscape, which creates both compliance costs and barriers to entry that favor established operators.