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Soros Backs Personal Injury Lawsuits in Market With 20% Returns

  • Soros bankrolls firm that helps finance advances to plaintiffs
  • Conservatives and regulators have taken aim at the industry
George Soros

George Soros

Photographer: Jason Alden/Bloomberg

The billionaire George Soros has found a new way to make money from personal-injury lawsuits.

Soros Fund Management is pushing into a branch of litigation finance that few hedge funds have entered. His family office is bankrolling a company that’s creating investment portfolios out of lawsuits, according to a May regulatory filing.