Preserve capital first
Return of capital before return on capital. Every decision starts at the bottom: what are the cases worth if we are wrong about the business?
About Nitro Financing
The people behind a strategy built on existing legal assets.
Legal assets can take months or years to reach resolution. Law firms keep investing in cases while that value develops. Nitro Financing, LP was built to give accredited investors access to that stage of the legal lifecycle, by people who would rather be right than fast.
Who We Are
Capital to qualified law firms, tied to active legal claims.
By providing capital to qualified law firms, Nitro creates access to an investment opportunity tied to the advancement of active legal claims and the value created throughout the litigation lifecycle. The lawyers practice law. Settlement proceeds, often funded by major insurance carriers, are the primary economic driver behind the strategy.
Nitro supports a multistate personal injury practice with active cases already in motion. Its attorneys are below.
Principles
Four rules we do not break.
Trust dockets, not decks
Documented receivables and verified records. Not projections. Not relationships. Not stories.
Discipline over yield
We would rather pass than stretch. Advance limits and concentration rules are rules.
Say the uncomfortable thing
Common control, concentration in one business and one practice, every risk: beside the benefit, in the same size type. Never in a footer.
The Supported Practice
The attorneys advancing the cases.
Twelve attorneys represent the clients, negotiate with the insurers, and make every legal decision. Capital follows their cases. It never directs them.
-
Nathan Deaver, Esq.
Managing Partner
-
Brice Crafton, Esq.
Managing Partner
-
Matthew Tsai, Esq.
Partner
-
Colton Wilstead, Esq.
Partner
-
Javier A. Finlay, Esq.
Partner
-
Dan Jenkins, Esq.
Partner
-
Daniel Adams, Esq.
Partner
-
Jade Askeroth, Esq.
Partner
-
Tom Askeroth, Esq.
Partner
-
Marquis Hines, Esq.
Partner
-
Chad Bowers, Esq.
Of Counsel
-
Leah Rush Easterby, Esq.
Leadership
The people behind each function.
Six functions. Each has a named owner and a stated accountability.
Managing Principal, General Partner
Accountable for Final approval authority over Fund exposure; accountable for adherence to the governing documents.
Head of Origination
Accountable for Sourcing and structuring capital deployments into the case portfolio; first-line assessment of eligibility and pricing.
Head of Underwriting and Valuation
Accountable for Underwriting each exposure against the stated framework; establishing and reviewing valuation methodology.
Head of Servicing and Portfolio Monitoring
Accountable for Ongoing reporting from the business we back, covenant testing, review of the cases and receivables behind the capital, and escalation of exceptions.
Compliance and Risk Oversight
Accountable for Related-party review, conflicts procedures, AML/KYC and sanctions oversight, and records retention.
Investor Relations
Accountable for Verification workflow, eligibility screening, controlled document access, and investor reporting delivery.
Governance & Conflicts
The conflicts are structural. They are disclosed, not resolved.
Who can approve what, who checks whom, how related-party terms get reviewed, and where a problem escalates, all written in the Memorandum and the governing agreements. This is the short version.
Controls
- Deployments, amendments, and waivers approved at the level the governing documents specify, never by the originator
- Reporting from the business, covenant testing, and portfolio review on a defined, documented schedule
- Related-party review before any term with the operating company or the practice takes effect
- A defined escalation path from reporting exception to formal notice, and to counsel
Where the conflict sits
- Common ownership or control between the Investment Manager and the supported practice
- Pricing, covenant, and amendment terms set between related parties
- The entire portfolio concentrated in one operating company and one practice
- Allocation of expenses and services among related entities
Service Providers
Who is engaged, and who they represent.
Holland & Knight LLP serves as counsel to the General Partner, not to prospective investors. Prospective investors should retain their own legal, tax, and financial advisers.
| Role | Provider | Status | Note |
|---|---|---|---|
| Counsel to the General Partner | Holland & Knight LLP | Engaged | Represents the General Partner only. Does not represent prospective investors. |
| Fund Administrator | - | Not disclosed | To be identified only after the engagement is final. |
| Auditor | - | Not disclosed | To be identified only after the engagement is final. |
| Accredited investor verification provider | - | Not disclosed | To be identified only after the engagement is final. |
| AML/KYC and sanctions screening provider | - | Not disclosed | To be identified only after the engagement is final. |
Providers are named only after the engagement is final.
Accountability is only useful if you can check it.
The terms, the tiers, every risk, and every conflict are in the offering materials. Request investment details to begin verification.
Preferred return targets and distribution objectives are not guaranteed. Investments involve risk, including the possible loss of principal.