Omni Bridgeway reported an after-tax profit of AU$6.5 million for the 12-month period through the end of June, after having reported an AU$18.4 million loss for the previous year, representing an improvement of $24.9 million. Read more.
Omni Bridgeway reported an after-tax profit of AU$6.5 million for the 12-month period through the end of June, after having reported an AU$18.4 million loss for the previous year, representing an improvement of $24.9 million. Read more.
Omni Bridgeway has appointed Guillaume Leger as Global Chief Financial Officer, based in New York, and recently welcomed Mark Wells as the company’s Global Head of Portfolio Management, based in London.
Plans by Australia’s recently elected Labor government to reinstate a financial services licensing exemption for litigation funders could lead to an upswing in class action funding. Andrew Saker, chief executive of litigation funder Omni Bridgeway, one of the few funders to have an Australian Financial Services Licence, said the government’s proposed changes will create a more conducive environment for litigation funders to work in the class action environment.
Omni Bridgeway has expanded its global footprint to 23 offices across 13 countries with the official launch of its office in Auckland, New Zealand.
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