A brand new platform has launched to attach fundraising alternatives from litigation platforms with traders.
Litigation Capital Options was based by Edwin Harrap and Matthew Gwynne, who’re each skilled in capital elevating for illiquid property.
Harrap additionally arrange S&C Capital final yr, which specialises in capital elevating and structuring throughout specialty finance, non-performing loans and actual property.
Litigation Capital Options mentioned that the 2 co-founders have been working collectively for practically six months on a number of mandates earlier than formally saying the launch.
Learn extra: Rising investor demand for litigation finance coincides with increased losses
“Our revolutionary enterprise goals to bridge the hole between authorized property funding platforms and traders within the quickly rising authorized property and litigation finance sector,” the agency mentioned in a put up on enterprise networking web site LinkedIn.
“We’ve recognized a novel alternative to attach credible and thrilling capital elevating alternatives from litigation platforms with institutional and different traders who’ve developed a eager understanding of this sector. Our purpose is to facilitate the deployment of capital into this dynamic market.”
The agency brings collectively capital elevating alternatives from litigation platforms to establishments. Its present pipeline of stay tasks contains client regulation agency lending platforms and SME litigation funding platforms.
It additionally supplies due diligence providers and produces insights on stakeholder alignment.
“We’re at the moment engaged in capital elevating tasks amounting to £130m throughout a number of distinct alternatives, talked about above, demonstrating the numerous demand for our providers,” the agency mentioned within the LinkedIn put up.
Learn extra: Irish and American litigation finance suppliers accomplice to deploy $50m
Harrap has beforehand held structured credit score roles at Deutsche Financial institution and Alantra, whereas Gwynne labored within the sector at Investec and Normal Chartered Financial institution.
Investor curiosity in litigation finance has been on the rise in latest months because of the doubtless excessive returns on provide, prompting extra gamers to enter the house.
Final December, Ares Administration acquired a majority stake in a brand new fund launched by Australia-based litigation finance specialist Omni Bridgeway.