Nivalion expands in Latin America
Nivalion, Europe’s leading provider of legal finance solutions, today announced that it will acquire the portfolio and know-how of Carpente Capital city Ltd., a Swiss company that has been at the forefront of the development of litigation finance in Latin America, with field lawyers in Argentina, Brazil and Chile.
Marcel Wegmüller, Co-CEO of Nivalion, said: “After supporting Carpentum over the past few years, we are delighted to put ourselves in their shoes by providing financing to companies and law firms doing business in Latin America. . This transaction is a logical step after deciding to proactively pursue business in the Americas. Litigation funding is increasing rapidly in Latin American jurisdictions. With the help of Carpentum’s experienced team in these markets, as well as Nivalion’s long-standing and substantial expertise in litigation finance in different markets, we will be perfectly positioned to successfully develop our business in this area. of the world.
Carpentum Managing Director Detlef Huber said: “We are delighted and proud to have contributed to the financing of litigation in Latin America, and we look forward to supporting Nivalion in its progress in this exciting market. “
Nivalion is a Swiss litigation finance provider with offices in Zug, Munich, Frankfurt and Vienna. We focus on financing complex litigation and arbitration in Europe, the Americas and Asia-Pacific, including direct and secondary financing of individual cases, business portfolios and law firms. Our team comprises 25 professionals with considerable experience in litigation finance and private practice within leading financial institutions and law firms, providing the financial strength of its major Swiss investors. Nivalion is a member of the International Legal Finance Association (ILFA) and is committed to adhering to ICCA Queen Mary Working Group Best Practices, ILFA Best Practices, and SIArb Third Party Funding Guidelines.
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