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Announcements Commercial

Sparkle Capital Announces New Funding Product, Flexible Disbursement Funding

Sparkle Capital are pleased to announce their new funding product, Flexible Disbursement Funding. The product fills a gap in the funding market, providing the flexibility claimants need to cover a range of disbursements. The product will join their current range, alongside 1&20 and Fixed Interest Release Funding.

Flexible Disbursement Funding (FDF) is Sparkle Capital’s latest funding product, which is designed to provide specific disbursement funding at fixed rates of interest. It is aimed at funding disbursements such as counsel fees, court / hearing fees and reports. However, due to the flexibility of the product, it can be tailored to any specific funding requirement that may arise.

Sparkle Capital provide a range of funding solutions for claimants. They can fund up to £10 million in claims value, however, focus on the sub £5 million claims. Sparkle Capital have few of the restrictions and limitations that most funders have. For more information, please see http://www.sparklecapital.co.uk/.

Tets Ishikawa, Acasta Director and Senior Adviser at Sparkle Capital, says:

“As a privately owned and funded company, Sparkle Capital is able to act without the restrictions and limitations that many other funders face. Throughout 2018, we saw a significant increase in the number of requests to fund specific risks at competitive rates – a cry from the market for a dedicated product.

The litigation funding market is moving away from finding risks that fit the product requirements of the funder, and moving towards a model where funding products can be tailored to the requirements of any given legal matter. Flexible Disbursement Funding embraces this evolution and is making litigation funding more accessible to the cases that require it the most. “

Paul Gibson, Head of Legal at Acasta, added:

“Acasta and Sparkle have always taken a sensible and pragmatic approach to underwriting cases – an approach that strikes a real chord with law firms. FDF is a reflection of this – a product designed to understand what the real risks and needs are in a particular legal matter, and marry those with our competitive pricing and our ability to design and tailor innovative funding solutions. As a practising solicitor for many years, I believe this is the only way the market can evolve further.”

Sparkle Capital is administered by Acasta Europe Limited, a provider of legal expenses insurance. Acasta provide After the Event products for a range of claims, including commercial, insolvency and clinical negligence cases.  For more information, please see https://www.acastaeurope.co.uk/.

If you are interested in Flexible Disbursement Funding, or any of Sparkle Capital’s other products, you can contact info@sparklecapital.co.uk, where one of our team will be able to help.

For further press enquiries, please contact Ellie Bower or Elizabeth Cawley on  marketing@acastaeurope.co.uk or 0161 495 6004.

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Announcements Comercial

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.

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.