Andrew Saker, CEO and managing director of litigation funder IMF Bentham/courtesy photo
In an interview with Law.com, Andrew Saker said the merger will help the Australia-based firm pursue its diversification strategy, which aims to reduce risk by seeking more cases and a wider range of case types and increasing funding sources primarily through geographic diversity.
October 21, 2019 at 03:25 PM
1 minute read
Correspondent, Sydney
Australian litigation funder IMF Bentham is merging with Dutch funder Omni Bridgeway as a hedge against competition and increasing regulation, IMF Bentham chief executive Andrew Saker said in an interview with Law.com.
The merger will create a global funder with more than $1.5 billion in capital to fund disputes and will provide Bentham with a base to expand into continental Europe, he said.
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