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Leading Finance Firm Secures Coveted Spot in European Litigation Funders Association (ELFA)

A top-tier litigation finance firm has achieved a significant milestone by becoming a member of the prestigious European Litigation Funders Association (ELFA).

This development marks a strategic move for Nera Capital as it continues to solidify its position as a key player in the global litigation funding market.

With its headquarters in Dublin, along with offices in Manchester and The Netherlands, the company has earned a reputation for delivering innovative financial solutions and cutting-edge technology across a diverse range of claim types.

The company’s portfolio includes high-volume consumer disbursement funding in the UK and substantial commercial claims in both Europe and the USA.

This strategic membership in ELFA underscores Nera Capital’s commitment to fostering ethical and effective litigation funding practices.

The ELFA is a collective of like-minded professionals from the litigation funding industry whose management committee is formed by representatives from the original founding companies, Deminor, Nivalion and Omni Bridgeway.

To become a member, firms need to have demonstrated excellence in the sector and a proven track record of deploying a significant amount of capital into the market.

Aisling Byrne, Director at Nera Capital, expressed her delight at this milestone, stating: “We are very pleased to join the European Litigation Funders Association.

“As a member, we look forward to collaborating with industry peers, sharing our wealth of experience, and contributing to the advancement of ethical and effective litigation funding practices across Europe.

“It positions us to advocate for transparency and promote higher industry standards that benefit all stakeholders involved. We believe our involvement will drive positive change and reinforce the essential role of litigation funding in delivering access to justice.”

Nera Capital’s membership in ELFA comes at a pivotal time when the litigation funding market is experiencing rapid growth.

By aligning with ELFA, Nera Capital is poised to play a crucial role in shaping the future of the industry, and the importance of litigation funding.

Wieger Wielinga, Managing Director of Omni Bridgeway and Chairman of ELFA, welcomed the company’s membership, noting the significance of their inclusion:

“With its roots in Ireland, the only Common Law EU country, Nera Capital operates in several EU jurisdictions as well as the UK.

“ELFA is thrilled to have another experienced funder on board, further enabling us to develop best practices for assisting claimants, insolvency trustees and consumer organisations and law firms across Europe.

“The addition of Nera to ELFA will also enhance our ability to advocate for the funding industry and its invaluable role in delivering access to justice across Europe.”

About Nera Capital:

·        Established in 2011, Nera Capital is a specialist funding provider to law firms.

·        Provides Law Firm Lend funding across diverse claim portfolios in both the Consumer and Commercial sector.

  • Headquartered in Dublin, the firm also has offices in Manchester and The Netherlands.

·        Nera Capital is dedicated to facilitating the setup of class actions and group actions to promote equitable access to justice for individuals and interest groups. With a proven track record, Nera Capital has spearheaded numerous impactful claims, empowering clients to achieve legal redress in cases such as Housing Disrepair Claims, where vulnerable claimants lack the means to address their grievances effectively. Additionally, Nera Capital has played a pivotal role in supporting claims like the Trucking Cartel case in Europe, assisting in exposing evidence of anti-competitive behaviour by manufacturers. Through its strategic interventions and advanced AI capabilities, Nera Capital continues to champion fairness and accountability in the legal landscape. 

·       www.nerecapital.com

About The European Litigation Funders Association (ELFA):

·        ELFA was founded by three leading litigation funders with a European footprint and today includes the vast majority of EU based litigation funders. ELFA was established to serve as the voice of the commercial litigation funding industry operating from within the EU member states. With the objective of representing the industry’s interests before governmental bodies, international organisations and professional associations, ELFA aims to act as a clearinghouse and reference for relevant information, research and data regarding the uses and applications of commercial legal finance within the European continent. ELFA aims to be inclusive for all professional litigation funders of larger or smaller size and to allow specific contributing market participants and academics as associate members.

·        www.elfassociation.eu

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Sentry Expands Free Funding Market Search for Litigators

By John Freund |

Sentry Funding’s free tool enabling litigators to instantly search the funding market on behalf of clients has been expanded.

Sentry’s free ‘decision in principle’ feature enables lawyers to evidence to clients that they have conducted a broad market search, even if funding is not ultimately taken out.

Having deployed £125m in funding across a range of case types, Sentry now has access to an even broader funding marketplace, covering 34 global jurisdictions. Finance is provided by 13 funders, five of which are members of the Association of Litigation Funders.

With the recent addition of Sentry’s first US-based funder, the US offering will now be expanding over the next few months. 

A faster process

Sentry has deployed the latest technology to make the search for funding even easier. 

  • The intuitive application process now only asks questions relevant to previous answers, saving lawyers time.
  • The commercial marketplace has been redeveloped with 63 new data points added to the funder criteria matrix - improving the accuracy of case / funder matching
  • Sentry has also begun building out its AI capabilities, starting with an automated auditing tool for live case progression audits. 

Tom Webster, chief executive officer at Sentry Funding, said:

‘By broadening our reach and speeding up the process, we’re making it even easier for lawyers to raise funding. We’re also giving litigators an easy way to show clients they have fully researched the market, rather than just approaching one or two funders. 

‘The service is free to use, so even if clients decide they do not ultimately want funding or if none is available for that case, for the lawyer, it makes sense to use our “decision in principle” feature, so they can put evidence on file that they did check the market.’

Sentry Funding is an SaaS (software as a service) technology provider that gives solicitors access to a diverse marketplace of litigation funders. It works with solicitors, funders and third-party providers to ensure claimants are getting the most efficient service for their funding needs. 

The Sentry Portal also acts as a case management system that runs a transparent digital case file for solicitors, funders, after-the-event insurance providers, barristers, cost lawyers and other relevant third parties.

NorthWall Capital Hits €2.9 B AUM on Private Credit Momentum

By John Freund |

NorthWall Capital has rocketed past €2.9 billion in assets under management after pulling in an additional €1.6 billion of institutional capital in 2025 alone. The London-based alternative credit manager says the surge reflects allocators’ intensifying hunt for scaled, multi-strategy platforms as Europe’s banks retrench and borrowers seek bespoke sources of credit.

A press release from NorthWall Capital details first-close totals across four distinct strategies. The flagship Credit Opportunities fund secured €731 million—already eclipsing its prior vintage—while the newly launched Senior Lending vehicle raised $503 million, translating to roughly $750 million of deployable firepower once leverage is applied. Asset-Backed Opportunities collected €252 million for collateral-rich loans in sectors underserved by traditional lenders, and the specialist Legal Assets platform locked down $169 million to extend the firm’s law-firm lending programme.

Founder and CIO Fabian Chrobog said the fundraising validates “the consistency of our approach” and NorthWall’s ability to craft solutions that resonate with investors and counterparties alike. With headcount slated to hit 40 by year-end, the firm plans to lean further into complex, situational credit born of bank deleveraging, regulatory shifts and sponsors’ need for certainty of execution.

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.