Trending Now
Announcements Commercial

Delta Capital Partners Management Launches Delta Credit Solutions

Delta Capital Partners Management LLC, a global private equity firm specializing in litigation and legal finance, is pleased to announce the launch of a new venture, Delta Credit Solutions (“DCS“). DCS will offer an array of litigation finance credit solutions that satisfy the needs of claimants, respondents, law firms and businesses across the globe.

Delta believes that traditional lenders do not treat litigation or arbitration claims, judgments or awards as valuable assets, and that Delta’s experience providing equity-based litigation funding allows the firm to recognize the value behind these types of claims. Accordingly, Delta now seeks to provide a suite of credit-based financing options to individuals, businesses, law firms and other professional service firms, financial institutions, investment funds, and other parties with direct financial interests in the outcome of litigation, arbitration, or asset recovery.

Delta intends to offer several types of financing products through DCS, including:

  • recourse financing for claimants, respondents, businesses, law firms and other professional service firms;
  • non-recourse portfolio financing for larger portfolios of diverse pre- and/or post-settlement claims, judgments or awards;
  • non-recourse financing for the enforcement of court judgments and arbitration awards that have already been rendered, but which have not yet been collected or are otherwise time delayed;
  • non-recourse capital facilities for law firms and other professional service firms, as well as for insolvency practitioners; and
  • non-recourse financing in a senior priority credit tranche of an otherwise equity-based litigation finance investment.

Delta believes that such an array of litigation finance credit solutions will offer many benefits by providing capital on favorable terms which can be used for a variety of purposes, including:

  • funding new or ongoing litigation, arbitration, investigations, asset recoveries or enforcement projects;
  • expanding business operations;
  • financing operating expenses and/or capital expenditures;
  • risk management and diversification; and
  • distributions or dividends to partners, shareholders and/or employees.

By combining the credit underwriting process, capacity, and cost of capital of a traditional lender with the flexibility and due-diligence expertise of a litigation funder, Delta believes it will be able to deliver optimal, customized financing solutions.   Moreover, the bespoke nature of DCS’s products will enable law firms, other professional service firms, and businesses to gain liquidity by utilizing their claim portfolios and contingency cases as assets against which they can borrow.

Christopher DeLise, Delta’s Founder, CEO and CO-CIO, stated, “As the litigation and legal finance market continues to evolve, Delta has perceived an increased demand for credit-oriented financing arrangements for professional service firms, businesses, financial institutions and governmental entities to access cost-effective, credit-based capital for a variety of purposes, including funding, growing and de-risking their operations.  We are pleased to now be able to offer such solutions due to Delta’s expertise in sourcing and underwriting that will enable us to put significant capital to work in this exciting and burgeoning area of litigation and legal finance.  By launching DCS, Delta believes that it will be able to remain a funder of choice for sophisticated parties across the globe.”

About Delta

Delta Capital Partners Management LLC is a global private equity firm specializing in litigation and legal finance, judgment enforcement, asset recovery, and related strategies. Delta provides capital and related services to individuals, businesses, private investment funds, law firms and other professional service firms across the world that seek to hedge their financial exposure, reduce legal spending, enhance the probability of a successful and timely resolution of claims, and maximize the effectiveness of their core businesses.

Announcements

View All
Announcements Comercial People Moves

Victory Park Expands Legal Credit Leadership with Maleson Promotion

By John Freund |

Victory Park Capital (VPC), a global alternative asset manager specializing in private credit, has announced that Justin Maleson will expand his role to Managing Director, co-heading the firm’s legal credit investment strategy. The promotion underscores VPC’s ongoing investment in its legal finance capabilities and follows Maleson’s initial appointment in 2024 as Assistant General Counsel.

An announcement from Victory Park Capital details Maleson’s new responsibilities, which include sourcing, analyzing, and managing investments across legal assets, while maintaining oversight of the firm’s legal operations. He joins Chad Clamage in co-leading the strategy, working alongside team members Hugo Lestiboudois and Andrew Pascal, under the continued oversight of VPC CEO and founder Richard Levy.

Maleson brings a strong background in litigation finance and commercial law to the position. Before joining VPC, he served as a director at Longford Capital, where he specialized in originating and managing litigation funding transactions. His earlier tenure as a litigation partner at Jenner & Block further deepened his exposure to complex legal matters, equipping him with the expertise needed to navigate the nuanced legal credit space.

VPC’s legal credit team emphasizes an asset-backed lending model, prioritizing downside protection and predictable income streams. The firm aims to capitalize on inefficiencies within the legal funding market by leveraging its internal expertise and broad network of relationships. With Maleson’s appointment, VPC signals its intent to further scale its legal credit strategy, positioning itself as a key player in the evolving legal finance sector.

Maleson’s elevation comes at a time of increasing sophistication in litigation finance, where experienced legal minds are playing a pivotal role in portfolio construction and risk management. As VPC bolsters its leadership, the move may foreshadow further institutionalization of legal asset investing and heightened competition in a maturing market segment.

Announcements Consumer

Golden Pear Upsizes Corporate Note to $78.7M Amid Growth Plans

By John Freund |

Golden Pear Funding has extended and upsized its investment-grade corporate note to $78.7 million, further bolstering the firm's capacity to serve the expanding litigation finance sector. The New York-based funder, a national leader in both pre-settlement and medical receivables financing, said the proceeds will support working capital and fuel strategic growth initiatives.

A press release from Golden Pear outlines how the capital raise reflects continued investor confidence in the firm’s business model. CEO Gary Amos noted that the infusion is critical as Golden Pear seeks to scale alongside the “rapidly expanding litigation finance market.” CFO Daniel Amsellem added that the new funding aligns with the company’s capital allocation strategy, aimed at optimizing operational efficiency and executing strategic projects.

Brean Capital, LLC acted as the exclusive financial advisor and sole placement agent on the transaction.

Founded in 2008, Golden Pear has funded more than $1.1 billion to over 87,000 clients and remains one of the largest specialty finance companies in the U.S. Its business model spans legal case funding and medical receivables purchasing, with backing from a network of private equity partners that provide institutional support for continued expansion.

Announcements Regulatory Issues

LionFish Updates Model Documents in Response to CJC Report

By John Freund |

LionFish Litigation Finance Ltd has released a new suite of model litigation funding documents, updating its original set from February 2021. The revision comes on the heels of the Civil Justice Council's (CJC) Final Report on Litigation Funding, issued on 2 June 2025, which calls for a regulatory structure informed by best practices, including key principles published by the European Law Institute (ELI) in October 2024.

A LionFish press release details that the updated suite incorporates several of the ELI Principles (notably 4-12) and broader CJC recommendations, except where doing so would require legislative or procedural reform. LionFish's goal, according to Managing Director Tets Ishikawa, is not to dictate market norms but to foster industry-wide standardisation and efficiency. This proactive move is also intended to spark further collaboration between funders, insurers, and legal practitioners to develop trade practices akin to those in mature financial markets, such as those promoted by the Loan Market Association and the International Swaps and Derivatives Association.

The new suite includes three core documents: a litigation funding agreement, a priorities deed to define proceeds distribution, and an assignment deed for insurance benefits. Notably, LionFish has also added documentation for co-investment arrangements, reflecting a growing trend in syndicated funding deals. The funder has already closed seven such transactions.

Managing Director Tanya Lansky emphasised that while litigation funding remains complex, making documentation public enhances transparency and facilitates quicker deal closings—an essential factor for sustaining market growth.

As litigation finance continues to mature, this move by LionFish highlights a shift toward professionalisation and standardisation. With regulators increasingly focused on transparency and fairness, such initiatives may set a de facto benchmark for others in the industry. The question remains: will other funders follow suit, or will regulatory mandates be needed to compel alignment?