Having raised $200 million earlier this year, the Australian litigation finance firm Bentham IMF will begin investing in U.S. bankruptcy claims and has made two hires to support its new foray.
On Monday, the firm announced it hired Ken Epstein,who joins from bond insurer MBIA, as an investment manager and legal counsel to lead its U.S. bankruptcy practice. It also hired Christopher Young, formerly of Royal Bank of Scotland, as a corporate counsel.
“We have a lot of capital to deploy,” said Epstein, “ And this market in the U.S. is really just starting to take off.”
Epstein was ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.