October 8, 2021

Fortress Investment Group LLC (“Fortress”) has announced that the operations of Vannin Capital, which it acquired in 2019, will be restructured into its Fortress Legal Assets business, effective immediately. As part of the restructuring, a number of Vannin Capital employees will transfer to Fortress. The change will have no impact on Vannin Capital’s existing investments, and Vannin Capital will remain the counterparty to its various litigation funding agreements. 
Nivalion, a leading European provider of legal finance solutions, has announced that it will acquire the portfolio and know-how of Carpentum Capital Ltd., a Swiss company that has been at the forefront of the development of litigation funding in Latin America, with lawyers on the ground in Argentina, Brazil and Chile.
Nomos Capital Corp., the Canadian specialty finance company focused on litigation and legal services finance, announces that it has secured additional funding to continue its litigation and arbitration investment program in Canada.
AxiaFunder, the UK-based crowdfunding litigation funder, is looking to raise £150,000 - £300,000 of bridge and expansion equity capital to fund its business to breakeven, which is expected to occur by Q2 2022, and CEO Cormac Leech reports that the company has already raised approximately 65% of the targeted investment after one day.

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