Delta launches recourse financing product

Delta Capital Partners Management has announced the launch of a new venture, Delta Credit Solutions that will offer, among other financial products, recourse financing for claimants, respondents, businesses, law firms and other professional service firms. By combining the credit underwriting process, capacity, and cost of capital of a traditional lender with the flexibility and due-diligence expertise of a litigation funder, Delta believes it will be able to deliver optimal, customized financing solutions. Read more.

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Delta hires new senior executive

Chicago-based Delta Capital Partners Management LLC has announced the hiring of Michael Callahan as the funder’s new Chief Operating Officer. Prior to joining Delta, Mr. Callahan worked at Boston Capital for 28 years, where he was a Senior Vice President and the Director of Asset Management.

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Delta Capital Partners Management Launches Delta Defense Solutions

Delta Capital Partners has announced that it is launching a new venture, Delta Defense Solutions (“DDS”). DDS offers defendants and respondents non-recourse funding to pay the legal costs associated with their defense, including professional fees, experts, tribunal costs, and the cost of any utilized risk mitigation solutions.

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Jonathan Sablone joins Delta Capital Partners

Jonathan Sablone has joined Delta Capital Partners as Managing Director and Global Director of Originations. Jonathan is based in Boston and will be leading the firm’s Boston presence and overseeing all aspects of deal originations for Delta.

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