EJF Capital and Rocade LLC Raise Approximately $470 Million for Credit-focused Litigation Finance Platform

ARLINGTON, Va.--(BUSINESS WIRE)--EJF Capital LLC (“EJF Capital”), a global alternative asset management firm, today announced the successful close of its fourth installment of litigation finance investment vehicles, Rocade Capital Fund IV LP and Rocade Capital Offshore Fund IV LP (the “Funds”) with approximately $220 million in investor subscriptions and commitments. Previously, EJF Capital and funds affiliated with Barings LLC, one of the world’s leading investment managers, formed a joint ven