What happens after my request?

You receive a sign‑in link and answer the pre‑qualification questionnaire, in about two minutes. The fund documentation opens in your space straight away. Whenever you decide, you subscribe on the fund’s subscription platform, which checks your identity before you sign your form. A conversation with the founders is possible at every step.

How does the fund make money?

Out of the sums recovered in the cases it funds, only in the event of success. In its first programme, Swiss franc loans, it is paid out of the success fee: 14% incl. VAT of the sums recovered and of the saving obtained on the outstanding capital. The fee is taken from the amount paid by the bank, once the decision is final. Each case has its own agreement, signed before any commitment.

How long is the capital committed?

Redemptions are locked for ten years. Distributions are paid as cases conclude. A case often lasts two to four years, sometimes longer, and there is no secondary market for the units.

How do I follow my investment?

Your space presents a report on actual results only: cases funded, outcomes, sums recovered and distributions. You also vote, with the other members, on each major dispute (article 10.2 of the articles of association).

Hello Justice Capital 1 · Private placement

A fund dedicated to litigation funding in France.

Hello Justice Capital 1 pays the lawyers’ fees in selected court proceedings and is paid out of a share of the sums recovered, only in the event of success. Its first programme covers Swiss franc mortgages. The fund is managed by Hello Justice SAS, the first French company dedicated to mid‑market litigation funding, with more than 600 live cases, taken on since 2024.

Access the fund documentation Talk to the founders

Hello Justice Capital 1 is offered as a private placement (article L. 411-2 of the French Monetary and Financial Code), from €100,000. Each subscriber’s identity is checked before their subscription form is signed. The capital invested can be lost, in part or in full.

600+
live cases, taken on since 2024
2002-2015
Swiss franc loans in the first programme: around 50,000 eligible cases estimated
14%
success fee incl. VAT in this programme, on the sums recovered and the saving obtained, only on success
2006
the year the Versailles Court of Appeal recognised the validity of a litigation funding agreement, under freedom of contract
Versailles Court of Appeal, 1 June 2006

Backers, partners and press

What changed in 2025.

The Act of 30 April 2025 refers expressly to third‑party funding for group actions.

French law now refers expressly to third‑party funding of group actions.
Article 16 of the Act of 30 April 2025 is the first French statute to refer to it expressly: it allows it for group actions, subject to transparency and independence. The funding contract for an individual case rests on freedom of contract, accepted by the Versailles Court of Appeal as early as 2006.
A $19bn market worldwide.
$19bn in 2024, $51bn to $65bn projected by 2035 (SNS Insider, Research Nester, Market Research Future). In Europe, litigation funding accounts for 0.8% of a €125bn legal market (European Parliament, 2021).
The cases come in without an introducer.
Funding requests come through the site, the eligibility test and the partner lawyers. Hello Justice has more than 600 live cases, taken on since 2024, including those of the Swiss franc loan programme.

What the fund does.

It pays the lawyers’ fees that each case’s agreement sets, and is paid only if the case is won or settled. Its first programme covers a series of similar cases, Swiss franc loans: each case remains individual, with its own lawyer and its own terms.

Selection
Every case is reviewed before it is funded.
Hello Justice Capital 1 funds selected court proceedings, starting with Swiss franc mortgages.
In this programme, a specialised partner lawyer reviews each case on its documents before the agreement. For other disputes, Hello Justice delivers a written report and a reasoned funding opinion, which the client and their lawyer read before signing.
Illustration of the analysis report: the amount at stake, the other side’s solvency, the length and cost of the proceedings, then the written funding opinion. Illustrative data
600+
live cases at Hello Justice, taken on since 2024
€100,000
minimum at stake for a funded case
The fund is paid only on success.
The fund is paid out of the sums recovered, only in the event of success. If the case is lost, the client repays nothing.
One agreement per case.
Each case has its own agreement, signed with the client and their lawyer before any commitment. In the Swiss franc loan programme, it sets the success fee at 14% incl. VAT of the sums recovered and the saving obtained.

The manager’s resources.

Hello Justice SAS receives the requests, spots the series with Vigie, selects the cases and follows them on its platform.

Its own source of cases.
The eligibility test on the site screens funding requests first. The specialised partner lawyers also bring their own cases. No introducer stands between the case and the fund.
Vigie™, our proprietary litigation detection algorithm.
Every day, Vigie reads Judilibre, Légifrance, the BODACC, the regulators’ decisions and the companies register, to spot the points of law that keep coming back. A series that is selected becomes a programme, with an online application process and standard documents. No litigant is rated.
Two‑stage selection.
A specialised partner lawyer analyses each case’s eligibility: the features of the dispute, the limitation period, the completeness of the documents, reasonable prospects of success. Hello Justice then reviews the amount at stake, the opposing party’s solvency, and the length and cost of the proceedings. Not every case is accepted.
A platform built and owned by Hello Justice.
The client, their lawyer and the investor each have their own space. Every case is followed there through to its conclusion, and the fund’s members receive a report on actual results only.
The founders are members of the fund.
The founders also invest in the fund, through their personal holding companies, on the same economic terms as the other members. The manager only receives its share of distributions after the members’ capital has been repaid, and that share remains the minority one at every tier (article 9.1.1 of the articles of association).
A partner firm for each programme.
ACTIVE AVOCATS, a firm of the COGEP AVOCATS group, conducts the proceedings in the Swiss franc loan programme, under a tripartite fee agreement for each case. The client remains free to choose their lawyer, and Hello Justice is not a law firm.

The access process.

All five steps take place online, at your own pace. The full documentation, terms and fees included, opens in your space as soon as you send the questionnaire.

Access the fund documentation

Step 1
How:
No password
You create your space.
Your email address is enough: a sign‑in link is sent to you, with no password to create.
Step 2
How:
Two minutes
You answer the pre‑qualification questionnaire.
A few questions about you and your plans, then two declarations. No document is requested at this stage.
Step 3
How:
Straight away
You read the documentation.
The fund presentation and its legal documents open in your space as soon as you send the questionnaire, and an email confirms it.
Step 4
How:
On the platform
You subscribe online.
On the fund’s subscription platform, you have your identity checked, complete your investor profile and sign your subscription form electronically, which sets out your commitment.
Step 5
How:
By transfer
You make your transfer.
The fund draws down your commitment as it needs to, and each drawdown is paid by bank transfer. Your investment is confirmed once the funds arrive.

What you receive.

The fund documentation is provided in your name, in your space, after the pre‑qualification questionnaire.

The fund presentation: What the fund finances, how it selects cases, who decides and how it reports, to read online or as a PDF.
The articles and the order of distributions: The members’ vote on each major dispute (article 10.2), the thresholds and splits of article 9.1.1.
The terms and the fees: The subscription amount, all fees and the exit terms.
The documents of both companies: The Kbis extract and the history of registered amendments of the fund and of its management company, the latter’s articles, the subscription platform agreement and the IBAN of the fund’s account.
The report to subscribers: It reports actual results only, each dated: cases funded, outcomes, sums recovered and distributions.

Investor space illustration: the pre‑qualification questionnaire, the fund documentation and the online subscription. Illustrative data

Governance · article 10.2 of the articles

Who decides.

The fund’s members
They vote on every investment and every divestment concerning a major dispute, as article 10.2 of the articles of association provides.
Hello Justice SAS, the manager
It selects the cases and follows each funded case through to its conclusion.
The client’s lawyer
The lawyer runs the case. The client remains free to choose their lawyer, and Hello Justice is not a law firm.
Overlord SAS
It handles the incorporation, the administration (company secretarial work, investor information) and, where applicable, the liquidation of the fund.

Article 9.1.1 of the articles

The order of distributions.

Every sum distributed follows the order set by the articles of association. The thresholds and splits are in the fund documentation, provided in your space after the pre‑qualification questionnaire.

Redemptions are locked for ten years. Distributions are paid as cases conclude.

Tier 1
Capital is repaid first.
Distributions first repay the members the capital they invested.
Tier 2
Preferred returns come next.
Members then receive preferred returns, at the thresholds set by the articles of association.
Tier 3
The manager shares in distributions only once capital is repaid.
Hello Justice SAS receives no distribution before the members’ capital has been repaid. Its share then rises in tiers, and remains the minority share at every tier.

This order is not a guarantee: the capital invested can be lost, in part or in full.

Third‑party data

The market.

Litigation funding is an established activity in the United Kingdom, Australia and the United States, where several funders are listed.

Where it is practised

Global litigation funding market, in billions of dollars
Year	Amount	Source
2018	≈ $11bn	Facts & Factors, McKinsey
2024	$19bn	SNS Insider, Research Nester, Market Research Future
2035	$51 to 65bn, projection	SNS Insider, Research Nester, Market Research Future

Estimates and projections by research firms. Third‑party data, unrelated to the fund’s performance.Sources: Facts & Factors, McKinsey · SNS Insider, Research Nester, Market Research Future.In Europe, litigation funding accounts for 0.8% of a €125bn legal market. (European Parliament, 2021).

Two listed funders. Third‑party data, unrelated to the fund’s performance.
Company	Listing	Published figures
Burford Capital	New York and London	Multiple of 1.8 and IRR of 25% on cases concluded since 2009, as at 31 March 2026. At least $5m committed per case.
Omni Bridgeway	Australian Securities Exchange (ASX), present in 15 countries	Cumulative multiple of 2.4 on concluded cases.

Source: reports published by these companies.

The multiple compares the sums recovered with the sums invested. The IRR, internal rate of return, expresses that return as an annual rate.

The risks.

The outcome of a case depends on the evidence, the law and the solvency of the opposing party. A case can be lost, and a losing party may not pay.

The risks in detail

Capital loss.
A case can be lost, or settled for less than expected. The capital invested can be lost, in part or in full, and nothing guarantees it.
Recovery.
A favourable judgment brings in nothing if the losing party cannot pay, and enforcing it can take time.
Duration and liquidity.
A case often lasts two to four years, sometimes longer. Redemptions are locked for ten years. Distributions are paid as cases conclude. There is no secondary market for the units: this investment does not suit you if you may need the money within ten years.
Case law.
A reversal of case law can affect several cases at once, especially within a series of similar cases. The Swiss franc loan programme rests on two Cour de cassation rulings of 9 July 2025, recent case law, liable to change: one opens unfair‑terms protection to borrowers paid in Swiss francs, the other upholds the clause of a bank that had clearly informed its client.
Track record.
Hello Justice Capital 1 was incorporated on 15 July 2025 and does not yet have a distribution history.

Family offices, funds of funds and institutions.

Start with a meeting with the founders about your mandate, your allocation constraints and the scope of the fund. We then answer your due diligence questionnaires in writing, and the fund documentation opens in your space, as it does for every investor.

Request a meeting

For any question: investors@hello-justice.com, or WhatsApp on +33 7 45 01 10 13.

Hello Justice SAS, the manager

The founding partners.

Valentin PETITCLERC founded Hello Justice in Lyon in 2024. He and his partners invest in the fund alongside the other members.

Their background

Valentin PETITCLERC
President · founder
Trained in law, he runs three companies, Hello Justice among them.
Vincent DURAND
Partner
A member of the Lyon Bar since 1996.
Pauline ANDRIEU
Partner
An international tax lawyer since 2015.

Questions before requesting access.

All investor questions

An individual, a company, a family office or a fund. Hello Justice Capital 1 is offered as a private placement, from €100,000. Its documentation is provided by name, in the investor space, after a pre‑qualification questionnaire.

Regulatory information

Marketing communication. It is neither a public offer of financial securities nor investment advice.

Hello Justice Capital 1 is offered as a private placement (article L. 411-2 of the French Monetary and Financial Code), from €100,000. Each subscriber’s identity is checked before their subscription form is signed. Its documentation is provided by name, in the investor space, after a pre‑qualification questionnaire.

The capital invested can be lost, in part or in full. Redemptions are locked for ten years. Distributions are paid as cases conclude. Past performance is no guide to future performance.

Hello Justice is not a law firm and does not provide legal advice. It is neither a credit institution nor an investment services provider.

Hello Justice Capital 1, a French variable‑capital civil company (société civile à capital variable), RCS Créteil 989 268 917, 32 A avenue Pierre Sémard, 94200 Ivry‑sur‑Seine. Manager: Hello Justice SAS, RCS Lyon 931 111 108, 44 quater rue Saint‑Isidore, 69003 Lyon.

Related pages.

Alternative investment.
The funder is paid out of the sums recovered, only in the event of success. The outcome depends on the evidence, the law and the opposing party’s solvency.
The access process.
All five steps take place online, and the documentation opens as soon as you complete the pre‑qualification questionnaire.
The risks.
Capital loss, duration, liquidity and case law: each risk is set out with the fund’s response.

Request access to the fund documentation.

An email address is all you need to create your space, with no password. The full documentation, terms and fees included, opens as soon as you send the pre‑qualification questionnaire.

Access the fund documentation Request a meeting

A fund dedicated to litigation funding in France.

What changed in 2025.

French law now refers expressly to third‑party funding of group actions.

A $19bn market worldwide.

The cases come in without an introducer.

What the fund does.

Every case is reviewed before it is funded.

The fund is paid only on success.

One agreement per case.

The manager’s resources.

Its own source of cases.

Vigie™, our proprietary litigation detection algorithm.

Two‑stage selection.

A platform built and owned by Hello Justice.

The founders are members of the fund.

A partner firm for each programme.

The access process.

You create your space.

You answer the pre‑qualification questionnaire.

You read the documentation.

You subscribe online.

You make your transfer.

What you receive.

Who decides.

The fund’s members

Hello Justice SAS, the manager

The client’s lawyer

Overlord SAS

The order of distributions.

Capital is repaid first.

Preferred returns come next.

The manager shares in distributions only once capital is repaid.

The market.

The risks.

Capital loss.

Recovery.

Duration and liquidity.

Case law.

Track record.

Family offices, funds of funds and institutions.

The founding partners.

Valentin PETITCLERC

Vincent DURAND

Pauline ANDRIEU

Questions before requesting access.

Who can request access to the documentation?

What happens after my request?

How does the fund make money?

How long is the capital committed?

How do I follow my investment?

Related pages.

Alternative investment.

The access process.

The risks.

Request access to the fund documentation.