SINGAPORE (11 NOVEMBER 2019) IMF Bentham Limited (ASX:IMF) is delighted to announce that on Monday, 4 November 2019, Ms Ruth Stackpool-Moore joined our expanding global team as Investment Manager, based in our Singapore office.
Ruth’s appointment follows the news of IMF Bentham and Omni Bridgeway’s plans to merge, creating a leading global dispute financier and the largest on-the-ground team in the Asian region.
Ruth will be responsible for sourcing, assessing and managing funded cases throughout Asia, including arbitration, litigation and insolvency claims. She will be working closely with Mr Tom Glasgow, Chief Investment Officer – Asia (based in Singapore) in a fast-growing dispute investment practice which spans Asia, including mainland China, Hong Kong, India, Indonesia, Japan, Korea, Philippines and Singapore. In June 2019, IMF Bentham was recognised as the only ‘Band 1′ funder in the Asia-Pacific by the legal industry’s leading global directory, Chambers and Partners.
Ruth said: “Having been at the forefront of the growing third party funding industry in Asia, it is an exciting progression for me to join Tom and the IMF team in Singapore, and to continue to offer sophisticated funding solutions to Asian corporates from within the market-leading platform IMF has built in Asia, and globally.”
Before joining IMF Bentham in November 2019, Ruth was Managing Director for an exclusive broker to a global litigation funder in the Asia-Pacific region. One of the first to set up and manage local operations for a global funder in Asia, Ruth has been commercially assessing dispute prospects and funding cases in civil and common law jurisdictions in Asia, and globally, since 2015. During that time, she has also worked to develop regional political and legislative frameworks to allow third party funding in key Asian jurisdictions.
Ruth joined the funding market from the Hong Kong International Arbitration Centre where, as Managing Counsel, she led the arbitration team and, in 2014, managed the Centre as Acting Secretary-General. Ruth is a qualified lawyer in Australia and the UK, with particular expertise in international arbitration, having begun her career in private practice with specialist firms Debevoise & Plimpton in London, Orrick Herrington & Sutcliffe in Paris and Coudert Brothers in Paris and Sydney.
Tom Glasgow, IMF Bentham’s Chief Investment Officer – Asia, said: “We are thrilled to welcome Ruth to our team. As one of the pioneers of the funding industry in Asia, Ruth brings with her a wealth of experience and a deep professional network. She also joins us at an exciting time of growth, alongside the merger with Omni Bridgeway, allowing us to provide a truly unparalleled depth of service and expertise to our Asian client-base.”
ABOUT IMF BENTHAM
IMF Bentham is a leading global litigation and dispute financier, headquartered in Australia and with offices in the US, Canada, Singapore, Hong Kong and London. The company has built its reputation as a trusted provider of innovative litigation financing solutions and has established an increasingly diverse portfolio of litigation and dispute financing assets. IMF Bentham has a highly experienced litigation financing team overseeing its investments, delivering, as at 30 June 2019, an 89% success rate across 192 completed cases (excluding withdrawals). Visit imf.sg or imf.com.au to learn more.
ABOUT OMNI BRIDGEWAY
Omni Bridgeway was founded in the Netherlands in 1986 and is known as a leading financier of high-value claims and a global specialist in cross-border (sovereign) enforcement disputes. The Omni Bridgeway group includes ROLAND ProzessFinanz, a leading German litigation funder which became part of Omni Bridgeway in 2017, and a joint venture with IFC (part of the World Bank Group). The joint venture is aimed at assisting banks with the funding and managing the enforcement of non-performing loans and related disputes in the Middle East and Africa. Visit omnibridgeway.
