Funder News

Financial results, capital raises, new hires and other news from funders.

Matthew Reach has joined Fox Williams as a Partner. Matthew was previously with Keystone Law and also worked in-house as Head of Legal for a third-party litigation funder where he was instrumental in placing funding and insurance for high-profile claims some of the UK’s largest financial institutions.
Omni Bridgeway has announced the arrivals of Eloise Matsui and Mitch Dearness, who join its growing team in Asia as Investment Managers. Eloise was previously with Stephenson Harwood, where she was a partner in the restructuring and insolvency team in Hong Kong. Mitch was previously with Herbert Smith Freehills, where he was a Senior Associate in the Singapore disputes team. In addition, Kristen Smith (Melbourne) and Ewen McNee (Sydney) have been promoted to Senior Investment Managers, and Niall Watson-Dunne’s role as Investment Manager (Sydney) expands in recognition of his case management responsibilities. Cheng-Yee Khong (Hong Kong) has been appointed Senior Relationship Manager, responsible for new case origination and relationship management across jurisdictions.
Manolete has released its half-year results, which have been impacted by an adverse judgment on one of its larger cases (which the Court of Appeal has agreed to review). Highlights include a tremendous six months for gross cash receipts from its completed cases of £15.7m, which is 269% higher than the comparable period last year, as well as a growth of 77% in realised revenues from completed cases and an increase of 34% in new case enquiries.

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