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£500m+ Funding Amassed for UK Litigation & Dispute Resolution

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In a further sign of the burgeoning litigation and dispute resolution market in the UK, a London based litigation funding provider is making available funding in excess £585m to tackle high-value civil litigation claims in the UK courts.

Litigation funder Augusta Ventures, who have offices in London, Canada and Australia, says that is is now extremely well positioned to take advantage of what it described as 'an unprecedented pipeline of opportunities in high value litigation and dispute scenarios'. Founded in 2013, Augusta Ventures specialises in a range of key litigation and dispute resolution areas including Class Action, Intellectual Property, Arbitration and Competition Law, with a focus on claims in the Financial Services and Construction sectors.

The Augusta announcement follows successful completion of an oversubscribed third-round fundraising of £250m from global investment houses, including investments from Northleaf Capital Partners, Magnetar Capital and previous anchor investor Beach Point Capital Management. Augusta says it has over 240 investments in litigation across multiple jurisdictions. In the UK it is currently financing an opt-out claim for £480m brought by consumer champions Which? on behalf of 29 million consumers against US technology giant Qualcomm. In commenting on their new funding ‘war chest’, a spokesperson for Augusta Ventures said:

We are delighted to announce this new £250m capital raising as Augusta seeks to expand its capital resources to meet the increased demand for legal related finance across all sectors and geographies. We have never seen so many strong opportunities."

Experts in UK litigation are anticipating a global surge in litigation following the COVID-19 pandemic, resulting from both from new instructions and from pent-up demand and delayed claims.

Commercial Litigation Funding

If you are thinking about taking legal action against another individual or company but are worried about the costs involved, Advantage Litigation Services have the skills and expertise to help you find a way of funding commercial litigation without risking your personal finances or those of your business. Click here to contact us today or call 0800 160 1298 to see how we can help.

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