RGB Holdings has announced that its legal funding arm, LionFish Litigation Finance, has entered into an agreement with a sizable alternative investment firm.
An LFJ Conversation with Michael Kelley, Partner, Parker Poe
RGB Holdings has announced that its legal funding arm, LionFish Litigation Finance, has entered into an agreement with a sizable alternative investment firm.
Law Gazette explains that the new arrangement is expected to provide LionFish with significant capital—allowing for a more diversified portfolio of risks while moving away from the investor sales model—this according to a statement released to the London Stock Exchange.
Nicola Foulston, RBG Holdings Chief Executive, says that the arrangement represents a significant step forward in the long-term growth of LionFish. Managing director Tets Ishikawa explains that the deal increases litigation investments without relying on antiquated, lower-margin models.
RBG Holdings shares rose to 126.35p following the announcement.
