Therium calls on Simmons as it launches largest-ever litigation fund

15 Feb 2018

This briefing has been published by The Lawyer on 15 February 2018.

Therium has completed the first close of its new £300m fund dedicated to litigation, the funder has announced.

Therium turned to Simmons & Simmons partner Matthew Pitman, Ogier and Seward & Kissel on the establishment on the new fund. The first close is at £200m with a further £100m expected before final close, in what is Therium’s largest fund.

Co-founder and chief investment officer Neil Purslow said: “Demand for litigation funding from Therium since we launched our last major fund has exceeded our expectations and we have transformed the scale of our operations over the past few years in order to meet that demand."

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