Category Archives: Announcement

Litigation Finance Growing Rapidly, New Burford Capital Research Shows

NEW YORKOct. 17, 2018 /PRNewswire/ — Burford Capital, a leading global finance and investment management firm focused on law, today announced the results of its 2018 Litigation Finance Survey, which shows strong growth in awareness, consideration and use of litigation finance, as well as significant opportunity for further growth as more lawyers–especially in-house–gain further understanding of its business benefits.

Therium to Launch Full Service Litigation Funding Operations in Australia in January 2019

MELBOURNE, Australia & LONDON–(BUSINESS WIRE)–Therium Capital Management, a leading provider of litigation finance globally with over $800 million of assets under management, announced today that it is planning to launch a full service offering in Australia on 1 January 2019. Therium Australia will be based in Melbourne. Founded in 2009, Therium Capital Management is one of the largest and most established litigation financing firms in the world. The firm has funded claims valued at $36 billion.

Halcyon Capital Management announces investments by TPG Sixth Street Partners and Dyal Capital Partners

NEW YORKOct. 10, 2018 /PRNewswire/ — Halcyon Capital Management (“Halcyon”) today announced that it has sold minority stakes to TPG Sixth Street Partners (“TSSP”), the global credit and credit-related investment platform, and to Dyal Capital Partners (“Dyal”), a division of Neuberger Berman Group.

Burford Capital Launches The Equity Project To Help Close The Gender Gap In Law

NEW YORKOct. 10, 2018 /PRNewswire/ — Burford Capital, a leading global finance and investment management firm focused on law, is proud to announce the launch of The Equity Project, a groundbreaking initiative designed to help close the gender gap in law by providing an economic incentive for change through a $50 million pool of capital earmarked for financing commercial litigation and arbitration matters led by women.

SPONSORED POST: Litigation Finance Opportunity for ‘David vs. Goliath’ Case

Loewinsohn Flegle Deary Simon is prosecuting a claim valued at $31m. We are raising $2.3m for return within 12 months, possible additional upside. $450k to close, balance on run rate 30 days net to trial.

The claimant is a single individual plaintiff who is a very credible former investment banker. Claimant is very knowledgeable and is committed to conclusion of the claim. One defendant is a large international financial institution and the second defendant is a highly liquid mortgage loan originator. Case documents are structured finance and real estate. Defendant’s counsel is a national general practice firm, lead defense counsel is 4-year partner. This is a complex financial claim, fact intensive, document case. Documents we hold support an opinion letter from a legal 500 firm at 80% chance of recovery. Damages are supported by preliminary economic expert and other case documents.

IMF Bentham welcomes Christine Feldmanis as new non-executive director, thanks retiring non-executive director Wendy McCarthy AO, welcomes new Chief Financial Officer Stuart Mitchell and welcomes Peter Ostroff to the US Investment Committee

Ms Christine Feldmanis joins the IMF Bentham Board as non-executive director

SYDNEY, AUSTRALIA, 2 October 2018 – IMF Bentham (ASX:IMF), announces the appointment of Christine Feldmanis to the IMF Bentham board of directors (Board) with effect from 1 November 2018.

Claims Funding Europe: South African Institutions Back Steinhoff Class Action Run by Leading Dutch Law Firm

DUBLINSeptember 28, 2018 /PRNewswire/ — Many of the largest institutions in South Africa have decided to pursue claims on behalf of their clients and funds that suffered losses as a result of the collapse in the share price of global retailer Steinhoff[1] in December 2017.

RPX Corporation Names Dan McCurdy CEO

SAN FRANCISCOSept. 27, 2018 /PRNewswire/ — RPX Corporation, the leading provider of patent risk and discovery management solutions, today announced that it has named Dan McCurdy as its Chief Executive Officer, effective October 1, 2018. Mr. McCurdy succeeds outgoing RPX President and CEO Martin Roberts, who will advise the Company through a period of transition.

Northleaf Announces Investment In BridgePoint Financial

TORONTO — Northleaf Capital Partners (Northleaf) today announced that it acted as the sole lead arranger of a $50 million senior secured credit facility and a separate preferred equity investment, the value of which was not disclosed, to support the recapitalization and growth of BridgePoint Financial Services, Inc. (BridgePoint), the leading provider of litigation financing solutions to plaintiffs and lawyers in Canada.

Arvindran Manoosegaran Joins IMF Bentham’s Asia Team

IMF Bentham Limited (ASX:IMF) is delighted to announce that on Monday, 24 September 2018, Mr Arvindran Manoosegaran joined our expanding global team as Associate Investment Manager based in our Singapore office.