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Imf Bentham Funding Agreement

23rd September 2021

Imf Bentham Funding Agreement

posted in Uncategorized |

Houlihan Lokey is pleased to announce: IMF Bentham Ltd(ASX:IMF), the leading provider of financing for litigation and arbitration proceedings in Australia and other jurisdictions, Omni Bridgeway Holding BV (Omni Bridgeway), a private provider of financing for litigation and enforcement proceedings (mainly in Continental Europe and Central Asia), at a maximum cost of €87.5 million (AUD 141 million). The agreement was reached on November 7, 2019. Founded in 1986 on the trade in doubtful debt securities and legal forfeiture, Omni Bridgeway is today a leading litigation financier with global and regional branches in Amsterdam, Cologne, Geneva, Dubai and Singapore. Omni Bridgeway has a global client base, including leading law firms, banks, insurers, governments and multinationals. Omni Bridgeway`s strength and experience lies in providing financial resources and services in the event of execution and non-performing assets, with a focus on civil jurisdictions primarily in continental Europe, the Middle East, North Africa and Central Asia. In fiscal 2018, Omni Bridgeway achieved revenue and other revenues of €20 million (AUD 32 million) and net profit of €5 million (AUD 8 million), with active investments in a portfolio of €34 million (AUD 55 million) and administrative damage of more than €2.5 billion (AUD 4 billion). The acquisition of Omni Bridgeway symbolizes the completion of IMF Bentham`s initial five-year plan for risk diversification, including through geographic expansion and third-party capital raising. The acquisition is expected to accelerate the IMF`s growth and create a major platform for diversified global financing of common law and civil law processes in industrialized and emerging countries. Omni Bridgeway complements the IMF`s infrastructure and the acquisition aims to create the most comprehensive global platform for acquiring investment opportunities and expanding service offerings. Omni Bridgeway`s fund management structure is in line with the IMF`s strategy and continues the IMF`s transition from lead investor to fund manager. The acquisition is expected to allow the IMF to increase its supply capacity and geographic presence in the world`s second-largest process market, and the IMF expects it to improve its ability to invest in its various active funds, which will accelerate the profitability of investors and the IMF as manager. . .

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