Litigation funder established with £25m PE investment support

Specialist small case litigation funder, Thaxted Capital, has secured a £25m committed investment from private equity institutional investor Sandton Capital Partners to support its launch and future growth.

Thaxted Capital is a new entrant to the litigation funding market focused on single case funding of £1m or less with a regional focus across, Yorkshire, the North East, North West, and Midlands.

Led by partner Jack Bradley-Seddon, a former litigator in the London office of US law firm Akin Gump Strauss Hauer & Feld, the Thaxted Capital team has extensive litigation experience.

Further support is provided by barrister Justina Stewart of Outer Temple Chambers. She is ranked as a leading junior in Commercial Litigation/Commercial Dispute Resolution, Banking and Finance, Financial Services Regulation and Insolvency.

She is also appointed to the Attorney General’s Panel of Junior Counsel to the Crown.

Bradley-Seddon said: “I am thrilled to be working with Sandton to launch Thaxted Capital. Historically, litigation funding options for businesses in the North have been limited to London-based funders but we are looking to change this.

“We support cases with a funding commitment of up to £1m, charging on multiples of deployed capital and therefore offering a capped return.

“This makes us fundamentally different to others in the litigation funding market, along with our regional UK focus.”

Matt Meehan, head of Sandton UK, said: “The litigation industry is a competitive and evolving sector and we’re excited to be partnering with Jack to bring a differentiated litigation funding opportunity to market.

“One of Thaxted Capital’s key differences is their strong regional presence and expertise of small case funding, backed with a world class team.

“Jack is focused on establishing Thaxted Capital as a leader in the UK financial and business industry and we are delighted to support him.”