Asia & Australia

March 25, 2019

$430M Fund announced by Therium pushing investment past $1B


Eric-Blinderman

Channel Islands-based litigation funder, Therium Capital Management, is launching a new $430 million fund, taking its total institutional investments to over $1 billion.

This is Therium’s largest fund till date, second only to a $265 million vehicle raised in February 2018. The contributions of three institutional investors, including a sovereign wealth fund make up the fund. The funds are expected to be deployed over the next two years on litigation and arbitration matters around the world. Therium’s U.S. pipeline has grown by 26 per cent over the last year, according to U.S. CEO Eric Blinderman.

A former Proskauer Rose litigator, Blinderman, added that the company deploys its capital based on four criteria: likelihood of success on merits, timing of recovery, quantum of recovery and judgment of attorneys. He said, “Assuming those marry, we will sit there and make that investment.”

Therium was founded in 2009, and has investment teams in the US, UK, Germany, Spain and Norway.

Related Post

latest News

  • Supreme Court Threatens Contempt Proceedings Against Those Trying To Politicize Guru Ravidas Temple Demolition

    The Supreme Court has threatened contempt of court proceedings against attempts to politicize the demolition of a Guru Ravidas temple in Tughlaqabad f...

    Read More
  • Department Of Telecom May File Special Leave Petition To Challenge Airtel-Tata Tele Merger In Supreme Court Shortly

    The Department of Telecommunications (DoT plans to challenge the merger of Tata Teleservices consumer business with Bharti Airtel in the Supreme Court...

    Read More
  • NCLAT Upholds NCLT Order; Directs Insolvency Proceedings Against Sahara Group’s Q Shop Unique Products Range Ltd

    The National Company Law Appellate Tribunal (NCLAT) has upheld a National Company Law Tribunal (NCLT) order and directed initiation of insolvency proc...

    Read More
shares