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Decision
infrastructure
for litigation
finance capital.

You define the rule, the tolerance, the approval gate and the breach severity. Lexivoa Assurance supplies the audit facts. Mandate applies your policy to every funded claim and records the decision trail — from law-firm onboarding and drawdowns to diligence packs your team can verify.

Funded claims checked against your mandate as evidence arrives
Risk surfaced before drawdown, not discovered after deployment
Every approval, waiver and exception on a tamper-evident audit trail

The Problem

Funding terms are precise.
Portfolio evidence is often not.

Compliance is hard to see

Spreadsheets, email chains and periodic reviews leave funders piecing together whether terms are being met across the portfolio.

Breaches surface after the fact

Failed audits, stale evidence and concentration issues can sit between review cycles while further capital decisions are made.

The book is hard to verify

When rules, evidence and decisions live in different systems, investment committees, co-funders and buyers have to reconstruct the record during diligence.

70+
active UK litigation funders
Hansard, October 2025
£2.5bn+
estimated UK litigation-funding AUM
Derived from PwC's 2023–2028 forecast
No dedicated UK platform identified
for shared funder–firm compliance oversight
Lexivoa market review, 2026

Market review based on publicly identifiable UK products and positioning reviewed by Lexivoa in 2026; private or unannounced platforms may not be represented.

The Mandate Layer

Mandates that act like controls, not policy PDFs.

Define policy once. Mandate applies it to audit facts from Lexivoa Assurance, then records the decision.

Funder policy
Assurance facts
Mandate checks
Human decision
Oversight pack

Set the rule

Eligibility, exposure, evidence and audit-state gates, each with a tolerance.

Deployed ≤ £500k · audit state passed / limited-pass

Catch the breach

Failed audits, stale evidence and concentration breaches surface as facts arrive.

Breach queued automatically with evaluated value

Record the decision

Waive, reject or escalate with the actor, reason, condition and evidence attached.

Waiver · conditions · expires 31 Aug · named approver

Prove oversight

IC, board and investor packs inherit the decision history and limitations.

Decision history captured in the next frozen pack
One funded claim, end to endFunded claim · Illustrative
1
Assurance
Funded claim — audit failed
2
Mandate
Fund II requires passed or limited-pass audit status
3
Result
Breach queued with evidence and evaluated value
4
Compliance
Waive with conditions · reject · or escalate — recorded by name
5
Oversight
Decision appears in pack history with its limitations

Mandate never performs the audit and never makes the funding decision — it applies your policy to the facts and keeps the record.

The Operating Layer

Not a dashboard. The system your book runs on.

The pieces a funder needs to move from policy wording to evidence-backed decisions.

01

Rules & tolerances

Funding terms become structured checks: eligibility, exposure, evidence freshness and audit-state gates.

  • Scoped by fund, facility or firm
  • Warnings and breaches
  • Evaluated values attached
02

Assurance evidence sync

Audit outcomes, finding counts, remediation state and freshness flow in from Lexivoa Assurance.

  • Scoped projections only
  • Source and freshness visible
  • Limitations carried forward
03

Decision workflow

Waivers, exclusions and escalations carry a named approver, reason, condition and expiry.

  • No silent overrides
  • Expiry reopens breaches
  • Every decision attributable
04

Diligence packs

Approved packs freeze the rules, evidence, waivers, limitations and review route at sign-off.

  • IC and board ready
  • Tamper-evident snapshots
  • Report and asset schedule
05

Funder-defined fields

Add typed fields for the way your fund actually operates — then carry them into records, filters and packs.

  • Text, dates, numbers and picklists
  • Scoped by tenant
  • Snapshot-ready for packs
06

Inbox for Outlook

Log email and activity against a firm relationship from inside Outlook — a free companion add-in that turns correspondence into evidence on the record.

  • Context in the mailbox
  • One-click, deliberate logging
  • Attributable on the audit trail
Illustrative · DR-2026-Q3 · Drawdown Readiness · £3.8m requestedReady with conditions
Cohort status · 876 claims
Passed audit611 · 70%
Passed with limitations112 · 13%
In audit review64 · 7%
Blocked — insufficient evidence45 · 5%
Evidence out of date44 · 5%
Recommendation — proceed with exclusions
Excludes 45 blocked and 44 out-of-date claims. Limitation: reflects audit evidence as of the latest update, 18 minutes ago.

Drawdown Readiness

Release capital against evidence, not assertions.

Before a drawdown, Mandate shows the audit, evidence and exception state of every claim in the cohort — passed, limited, blocked, or stale — and produces a human-reviewed recommendation with its limitations stated. Mandate records the approval and the reasoning; the money itself moves through your existing systems.

Claim-level cohort distribution, sourced from connected audit evidence
Blocked and stale claims surfaced before release, not after
Recommendations carry limitations — decision support, not auto-approval

Diligence Packs & Investor Reporting

From oversight to investor-grade proof.

Everything Mandate oversees compounds into reporting you can stand behind. Assemble the claims, their evidence, rule checks and stated limitations into a pack, route it through sequential approvals, freeze it — then export the report and asset schedule for whoever needs to rely on it.

Multi-level approval routes — reviewed, attributed, timestamped
Frozen snapshots: a pack can never quietly change after sign-off
Limitations stated inside the pack — credibility through candour

Structured for the reporting demands funders actually face — LP quarterly updates, co-funder diligence and applicable fund-level regulatory reporting. For cross-border structures, our guide to the EU AIFMD II and developing UK AIFM regime explains the distinction. Mandate preserves the rules, evidence and decisions behind each pack; the funder and its advisers determine which obligations apply.

Illustrative · Q3 IC Pack · DP-2026-091 · 214 claims Frozen
Review route
Level 1 · Portfolio manager
Approved · “Cohort verified against Q3 audit outcomes”
Level 2 · Compliance officer
Approved · “Limitations reviewed and stated”
Limitations — stated, not hidden
Deployed figures as reported by source systems · 12 claims carry audit limitations · 3 waivers active, each with an expiry date.
Open report Asset schedule (CSV)
Checksum verified · 5f2ab9…c41e07 · frozen 04 Jul 2026 by J. Whitmore

Branded External Experiences

Your counterparties see your standard of control.

Mandate is the funder operating layer, but the experience around it can face outward. Law firms complete the tasks you share. LPs retrieve the packs you approve. You control what is shown, what expires, and what is written to the audit trail.

Law Firm Experience

Onboard through a workspace branded as you.

Invite panel firms into a controlled Mandate experience branded as the funder. They complete onboarding tasks, submit requested documents and acknowledge mandate conditions, with every submission tied back to your relationship record.

Submit documentsConfirm conditionsTrack requested items
AC
Branded as
Ashford Capital
Illustrative2 items requested
Panel onboarding
PI insurance certificate
Uploaded today
Complete
Client authority sample
Requested for onboarding
Requested
Facility A conditions
Acknowledged by partner
Signed

LP / Investor Experience

Let reviewers retrieve the pack you approved.

Give LPs, investors, auditors and approved reviewers a branded, read-only place to retrieve frozen packs, limitation summaries, waivers, source freshness and evidence indexes with expiry, revocation and access logs.

View frozen packsDownload permitted exportsSee limitations
AC
Branded as
Ashford Capital
IllustrativeFrozen
Q3 investor pack
Portfolio oversight pack
Frozen 04 Jul 2026
Ready
Waiver register
3 active with expiry dates
Included
Source freshness
Updated 18 minutes ago
Visible

Built To Be Trusted

Oversight you can put your name to.

The value of an oversight system is only as good as its integrity. Mandate is built so that what it shows you — and what you show your investors — can be relied on.

Control follows your capital

Mandate carries the statuses, outcomes and findings your funding agreement requires — not the underlying case files. That gives funders oversight while maintaining appropriate information barriers.

Your data stays yours

Funder workspaces are separated and encrypted. Access is controlled by role, and any external pack access is scoped by you. Portfolio data is not pooled or benchmarked across funders.

Everything is attributable

Approvals, waivers and exceptions record the actor, time and reason, giving auditors and LPs a traceable decision history.

Reports can't quietly change

Signed-off packs are frozen and tamper-evident. The approved snapshot cannot be altered after sign-off.

The full security detail — encryption, isolation, audit trail

Questions Funders Ask

Straight answers, before the call.

The questions every funder asks in the first meeting — answered the same way we'd answer them in the room.

Do our law firms need to change their systems?

No. Firms connect through Lexivoa Connect today, with deeper API integration in development, and firms without a case system can use Lexivoa Cases. Either way, their cases flow into the audit process and the evidence reaches your Mandate workspace — no migration required.

We already have an audit provider — does Mandate replace them?

No. Your audit provider — an external firm or your in-house compliance team — does their work in Lexivoa Assurance, and their outcomes feed your oversight automatically. Mandate replaces the spreadsheets and email chains between you and them, not the provider.

What does Mandate actually check?

The operating terms of your funding agreements, expressed as structured rules: claim eligibility, concentration limits, prohibited exposure, audit approval gates and evidence freshness. Funded claims are checked against the rules that apply to them as evidence arrives.

Does Mandate approve drawdowns automatically?

No — deliberately. Mandate prepares the evidence and a recommendation with its limitations stated, and your team makes the decision. Every approval, waiver and exception is recorded with who made it, when and why. It is decision support with an audit trail, not automated decisioning.

Can we capture the email trail with a law firm as evidence?

Yes. Lexivoa Inbox — a free companion add-in for Outlook — lets your team log an email or activity against a firm relationship in one click, where it becomes an attributable, tamper-evident record on that firm's Mandate timeline. It only captures what you deliberately file: no background mailbox sync, and nothing about other clients or personal mail.

Who can see our portfolio data?

Access is limited to authorised users you control. Your team sees portfolio data according to role-based permissions. Where you choose to share a frozen pack, invited LPs, auditors or other approved reviewers receive scoped, read-only access that can expire or be revoked. Other funders cannot see or benchmark your portfolio.

What does Mandate cost?

Pricing is a simple AUM-based subscription, with pilot terms for early funders. We share full pricing in the first conversation — there is no per-seat maze and no surprise usage bill for your law firms.

How does Mandate support fund and regulatory reporting?

Mandate maintains a structured record of the rules, checks, waivers and decisions behind your portfolio reporting. That evidence can support LP updates, due diligence and regulatory submissions where requirements apply to the fund or manager. Mandate provides traceable source data and frozen reporting packs; it does not determine which regulatory obligations apply to a particular structure.

Something we haven't covered? Ask us directly — or read how the audit side works on the Lexivoa Assurance page.

Book a Demo

See how Mandate fits your funding model.

Tell us about your fund, portfolio and current oversight process. We’ll show you how Mandate can structure the rules, decisions and reporting around it.

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