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Renovus Capital Partners’ Portfolio Company Angeion Group Acquires Donlin Recano

By Harry Moran |
February 6, 2025

Renovus Capital Partners’ Portfolio Company Angeion Group Acquires Donlin Recano

Angeion Group, a premier provider of end-to-end group litigation services, today announced the acquisition of Donlin Recano & Co. LLC, a distinguished leader in bankruptcy administration. This strategic acquisition enhances Angeion Group’s comprehensive suite of tech-enabled legal services, reinforcing its position as the market leader in group litigation support.

With a legacy of serving over 200 national clients across diverse industries, Donlin Recano brings decades of expertise in claims management, noticing, and bankruptcy case administration. By integrating its operations, Angeion Group is poised to set a new industry standard—leveraging technology, precision, and innovation to redefine the way complex bankruptcy matters are managed.

“Bringing Donlin Recano into the Angeion Group family allows us to apply our hallmark commitment to accuracy, innovation, and efficiency to an already well-respected leader in the restructuring space,” said Steven Weisbrot, CEO of Angeion Group. “Our vision is clear: we will continue to listen to our clients, anticipate their evolving needs, and deliver transformative solutions that exceed expectations.”

This acquisition marks a significant expansion of Angeion Group’s service offerings, seamlessly integrating Donlin Recano’s proven expertise with Angeion’s award-winning technology and client-first approach. Together, the combined division, Angeion Group Bankruptcy Services, will provide an elevated standard of service to law firms, financial institutions, and corporate clients navigating the complexities of bankruptcy and restructuring.

“We’re excited to see the momentum that Angeion Group is building both through organic and inorganic growth,” said Greg Gladstone, Vice President at Renovus. “Donlin Recano seamlessly complements Angeion Group’s extensive legal services capabilities by adding bankruptcy expertise, unlocking significant opportunities for growth and delivering enhanced value to our clients.”

With this acquisition, Angeion Group continues its trajectory of strategic growth and industry leadership, reaffirming its commitment to delivering best-in-class tech-enabled legal services across the litigation and bankruptcy sectors.

About Angeion Group

Angeion Group is a leading provider of legal notice and settlement administration services, leveraging technology, expertise, and data-driven strategies to deliver best-in-class solutions for complex litigation matters. With a reputation for excellence, innovation, and unwavering client commitment, Angeion Group continues to redefine industry standards.

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Harry Moran

Harry Moran

Commercial

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Commercial

LITFINCON Announces European Debut With Amsterdam Conference in October

By John Freund |

The global litigation finance conference series LITFINCON is expanding to Europe with a two-day summit at the Rosewood Amsterdam on October 7–8, 2026.

As reported by PR Newswire, the event will convene leading litigation funders, law firms, general counsels, and institutional investors for eleven panels covering topics from regulatory divergence across the UK, EU, and U.S. to European deal mechanics, collective redress, and international arbitration. Sessions will also address the Unified Patent Court's implications for funded IP disputes and AI adoption under GDPR and the EU AI Act.

Organized by Siltstone Capital, the European edition follows LITFINCON's Houston debut and precedes a planned Asia summit at Marina Bay Sands Singapore on June 4, 2026. The Rosewood Amsterdam venue holds particular significance for the industry — the historic building along the Herengracht canal once served as the city's Palace of Justice.

The conference closes with a "Candid Conversations" session held without prepared remarks, designed to foster open dialogue among participants. Institutional investor assessment of litigation finance funds and the mechanics of loser-pays regimes and after-the-event insurance are among the featured discussion topics.

Commercial

Omni Bridgeway Appoints Peter Galgay as Head of Commercial Strategy and Capital Solutions

By John Freund |

Global litigation funder Omni Bridgeway has named Peter Galgay as its new Head of Commercial Strategy and Capital Solutions, a New York-based role focused on expanding the firm's structured finance and alternative investment capabilities for legal assets.

As reported by GlobeNewswire, Galgay will lead efforts in originating, underwriting, and managing large-scale investment solutions while supporting global investor relations and capital formation. He brings more than a decade of experience as Chief Investment Officer of a Singapore-based family office, where he managed global portfolios across public and private markets and gained direct exposure to legal finance through equity investments and private fund allocations.

Galgay's earlier career includes roles as Senior Analyst in Ernst & Young's Fraud Investigation & Dispute Services practice and Equity Portfolio Manager at Deutsche Asset Management. He holds a CFA Charter and an MBA from INSEAD.

"Peter brings a unique blend of investment leadership, capital markets expertise, and first-hand experience in all aspects of legal finance," said Raymond van Hulst. The appointment underscores Omni Bridgeway's continued push to deepen its capital markets infrastructure as the firm manages over $5.5 billion in assets across 10 funds and more than 20 offices worldwide.

Commercial

Heartland Institute Pushes Back on State-Level Litigation Funding Restrictions in Four States

By John Freund |

The Heartland Institute has published a series of commentaries opposing proposed third-party litigation funding restrictions in four U.S. states, arguing the measures would limit access to the courts.

As reported by The Heartland Institute, legislatures in New Hampshire, Louisiana, Rhode Island, and South Carolina are each considering new restrictions on plaintiffs who use outside funding to pursue civil lawsuits. New Hampshire's House Bill 1384, the Third-Party Litigation Funding Transparency Act, would require plaintiffs to disclose the identity of anyone receiving a financial benefit from their case to both defendants and the court.

The commentaries argue that third-party funding democratizes access to litigation by enabling plaintiffs who cannot afford procedural delays and discovery costs to pursue their claims. They cite a 2022 Government Accountability Office report finding that funders tend to select the most meritorious cases because they only receive returns when cases succeed. The Institute also raises privacy concerns, contending that mandatory disclosure could expose funders to harassment and public pressure.

The wave of state-level proposals reflects a broader national debate over transparency and regulation in the litigation funding industry, with proponents of restrictions arguing they are needed to curb funder influence over litigation strategy.