Orthogonal Asset Management Engaged by Calumet Capital to Enhance Analytics and Risk Management Platform for Law Firm Direct Lending

Calumet’s state-of-the-art underwriting and risk-management expertise will be enhanced by Orthogonal’s support

Calumet Capital, a provider of direct lending solutions to leading plaintiff law firms, announced that it has engaged Orthogonal Asset Management as a portfolio advisor.

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As portfolio advisor, Orthogonal will support Calumet’s ongoing development of its analytical capabilities, enhancing Calumet’s state-of-the-art underwriting and risk-management expertise.

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“Orthogonal is the perfect partner for Calumet. Our capital partners seek exposure to exceptional, risk-adjusted opportunities in the direct, legal-lending space. Our borrowers seek transparent, competitive products that support their growth and understand the dynamics of the complex litigation environment,” said Dan Carroll, Calumet’s founder and CEO. “Orthogonal is the best team to help us assess this unique combination of needs. Our partners and clients will benefit from Orthogonal’s insights.”

Dion Chu, the managing principal of Orthogonal, said, “Calumet is a firm that shares our focus on innovation and excellence. This is the beginning of a strong relationship and we’re excited to be able to contribute to Calumet’s further success.”

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