Parabellum Appoints Jiamie Chen as Director of Investment Initiatives

Parabellum Appoints Jiamie Chen as Director of Investment Initiatives

Parabellum Capital LLC (“Parabellum”), a leader in commercial litigation finance, today announced the appointment of Jiamie Chen as Director of Investment Initiatives, a newly created position that strengthens the firm’s origination and underwriting of new investment relationships in strategically significant sectors. She will be based in San Francisco. “Jiamie has an incredibly impressive background and entrepreneurial character. With experience as a plaintiffs’ and defense-side antitrust attorney and as a federal prosecutor, she is ideally positioned to target and develop strategic initiatives,” said Aaron Katz, Parabellum’s Chief Investment Officer. “I’m honored to join a team that continues to lead the commercial litigation finance field through a focus on true alignment,” said Ms. Chen. “It’s an exciting time to join this fast-growing industry. Litigation finance today is brimming with opportunities to leverage my affirmative litigation experience to develop new strategies that innovate the business of law.” Ms. Chen joins from the Joseph Saveri Law Firm, where she specialized in complex litigation. Her experience there included work on the EpiPen antitrust and RICO multidistrict litigation (MDL), the Capacitors price-fixing antitrust litigation, and the UFC monopoly and monopsony litigation. She previously served as an Assistant United States Attorney and as the designated Department of Justice Financial Crimes Task Force prosecutor for the District of Nevada, focusing in high-dollar financial crimes. Ms. Chen also previously served as judicial law clerk for Chief Judge Lawrence J. O’Neill of the United States District Court for the Eastern District of California. She began her legal career in the antitrust and white-collar defense practices at White & Case LLP. Ms. Chen is an active member of various professional associations. In addition to serving on the California Lawyers Association Antitrust, UCL & Privacy Section’s Executive Committee, Ms. Chen is the Co-Chair of the Women’s Committee and a member of the Mentorship Program for the Asian American Bar Association of the Greater Bay Area; the Regional Director for the Dartmouth Asian Pacific American Alumni Association; a Board Member of the Dartmouth Club of Greater San Francisco; and a member of the American Bar Association Antitrust Section and the Bar Association of San Francisco. She is also a Barrister member of the Edward J. McFetridge American Inn of Court in San Francisco. Ms. Chen received her J.D. from the University of Pennsylvania Law School, where she served as Symposium Editor of the University of Pennsylvania Journal of International Law, and her B.A. in Government from Dartmouth College. She has published several expert commentaries on litigation matters and is a lead chapter author of an upcoming ABA Antitrust Section treatise on expert witnesses and Daubert practice. About Parabellum Capital Parabellum Capital is a leading financier of commercial and intellectual property litigation. Its principals pioneered the commercial litigation funding market in the United States and remain on the forefront of shaping the asset class as the industry evolves. Parabellum is a trusted financial partner to claimholders and law firms for a wide array of litigation matters in the US, other common law jurisdictions, and international arbitration forums. Founded in 2012, Parabellum’s team includes legal and financial professionals with backgrounds at major law firms, investment banks, accounting firms, and the federal government. Parabellum principals previously founded the Legal Risk Strategies and Finance group at the global investment bank Credit Suisse. Parabellum manages both separate accounts and pooled private equity vehicles for institutional and high net worth investors globally. Based in New York, Parabellum’s team has invested hundreds of millions of dollars in the commercial litigation arena. Areas of focus include commercial disputes, antitrust, intellectual property infringement, trade secret misappropriation, bankruptcy and special situations. For more information, visit www.parabellumcap.com.
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New North Litigation Capital Launches, Backed by £50 Million in Senior Secured Financing from Pollen Street Capital

By John Freund |

Pollen Street Capital ("Pollen Street") today announces a new senior secured credit facility of up to £50 million to New North Litigation Capital (“New North”). New North is a commercial litigation finance company and a direct subsidiary of Capital Law, a Cardiff based law firm founded in 2006.

Capital Law has a strong track record in commercial litigation, having closed over 400 claimant cases since 2001 with a 95% win rate. Drawing on its senior leadership and experienced disputes team, Capital Law launched New North to address the underserved small to mid-market segment of commercial litigation market. 

New North will be the only litigation financier in the UK owned and operated by practicing lawyers, bringing their day to day lived experience of handling mid-market litigation into pricing the risk and the funding investment decisions.

Christopher Nott, Founder and CEO of New North commented: “We are pleased to work with Pollen Street on this financing to launch New North Litigation Capital. The funding supports us to bridge a critical gap by funding claims that are often deemed too small by other players in the market. We are excited to work with the Pollen Street team as we create this new kind of litigation funding.”

Connor Marshall-Mckie, Investment Director at Pollen Street, commented:New North addresses an important gap in the litigation funding space, focusing on smaller mid-market commercial litigation. With the significant opportunity available and the deep experience of the leadership team from Capital Law we are excited to partner with the team to support their growth.”

About Pollen Street

Pollen Street is a fast-growing and high-performing private capital asset manager. Established in 2013, the firm has built deep capability across the real estate, financial and business services sectors aligned with mega-trends shaping the future of the industry. Pollen Street manages over €7bn AUM across private equity and credit strategies on behalf of investors including leading public and corporate pension funds, insurance companies, sovereign wealth funds, endowments and foundations, asset managers, banks, and family offices from around the world. Pollen Street has a team of over 95 professionals.

Burford’s Q2 Profits Surge on New Capital

By John Freund |

Burford Capital has delivered its strongest quarterly performance in two years, buoyed by a swelling pipeline of high-value disputes and a fresh infusion of investor cash.

A press release in PR Newswire reveals that the New York- and London-listed funder more than doubled revenue and profitability in the three months to 30 June 2025. CEO Christopher Bogart credited “very substantial levels of new business” for the uptick, noting that demand for non-recourse financing remains “as strong as we’ve ever seen.”

The stellar quarter follows a lightning-quick, two-day debt offering in July that raised $500 million—capital Burford says will be deployed across a growing roster of commercial litigations, international arbitrations, and asset-recovery campaigns. Management also highlighted significant progress in portfolio rotations, underscoring the firm’s ability to monetise older positions while writing new ones at scale. Investors will get a deeper dive when Burford hosts its earnings call today at 9 a.m. EDT.

Burford’s results arrive amid heightened regulatory chatter in Washington and Westminster, yet the numbers suggest the industry’s largest player is unfazed—for now—by talk of disclosure mandates and tax levies. The firm emphasised that its legal-finance, risk-management and asset-recovery businesses remain uncorrelated to broader markets, a pitch that continues to resonate with pension funds and endowments hunting for alternative yield.

For litigation-finance insiders, Burford’s capital-raising prowess and improving margins could have ripple effects: rival funders may face stiffer competition for marquee cases, while law-firm partners might leverage the firm’s deeper pockets to negotiate richer portfolio deals.

International Legal Finance Association (ILFA) Announces End of Year Gala and Inaugural Legal Finance Awards

By John Freund |

 The International Legal Finance Association is pleased to announce its annual End-of-Year Gala Dinner on November 13, 2025.  The event will take place at The Law Society in London, bringing together leading figures from across the legal finance industry for an evening of celebration and reflection on the year’s achievements.  

The dinner will be accompanied by the inaugural Legal Finance Awards.  The awards are designed to recognize and honor excellence across the legal finance ecosystem. They will spotlight the achievements of funders, law firms, brokers, advisors, and other key contributors to the continued growth and innovation of the industry. Nominations for the awards are now open, with the nomination form available here

“The Gala Dinner is a chance for our members and guests to gather in person and celebrate the progress we've made over the year,” said Rupert Cunningham, Global Director of Growth and Membership Engagement at ILFA. “We are especially excited to launch the Legal Finance Awards, which will shine a light on the outstanding work and impact of professionals across our field.”

Tickets for the Gala are on sale now, with discounted pricing available for ILFA members.  More information can be found here.