Ogier assisted Therium Group Holdings Limited, a leading global provider of litigation finance, on the launch of its new £325 million fund dedicated to litigation finance.
The Ogier team worked closely with Therium and onshore counsel Simmons & Simmons on the establishment of the structure.
The £325 million raised from three global institutional investors, including a sovereign wealth fund, takes the total amount of funds raised by Therium over the US$1billion mark.
Therium, which has consistently been at the forefront of innovation in litigation finance, has said it will continue to invest in litigation and arbitration cases globally across sectors including financial services, energy and mining, industrials, technology, media and entertainment, and across all forms of commercial litigation and arbitration.
Partner Niamh Lalor led the Ogier Jersey team assisted by senior associate Alexandra O'Grady and trainee solicitor Marcela Tudose.
Niamh Lalor said "Congratulations to Therium on its latest fund launch and on reaching this impressive milestone. It is fantastic to see Therium continue to build on its established track record of success whilst also showing its commitment to facilitating access to justice. We wish Therium all the best."