Augusta Ventures – the specialist litigation funder targeting the sub-£1m funding market – continues its expansion with the appointment of a business development director and four associates to investigate potential investments.
The recruitment drive – which takes Augusta to 18 staff – comes in direct response to growing demand among law firms and their clients to secure finance for their litigation.
Business development director Rebekah Weiler is a New York-qualified lawyer with an LLM in International Law from University College London.
She joins from specialist broker TheJudge, where she was an associate director focused on high-value commercial litigation and arbitration cases, and after-the-event (ATE) insurance broking. She will work closely with Augusta’s three other business development directors – Louis Young, Robert Hanna and Jeunesse Edwards.
The four new associates will be supporting the management team in a range of supporting roles. They are:
- Marianne Manongdo, who joins from the Financial Ombudsman Service, where she was an adjudicator in the SME division;
- Tasnim Rahman, previously in the compliance team of credit insurance business Euler Hermes;
- Sandeep Reayt, former operations manager at Hillcroft Residential College For Women; and
- Grace Reohorn, who joins from The Help Agency, where she was junior project manager.
Augusta engagement director Jeunesse Edwards says: “We’re delighted to have five new faces at Augusta. Since launching in January 2014, we’ve financed 68 cases and provided almost £16m in funding to individuals and companies that might not otherwise have had the means to access justice, despite having a good case to bring.
“We’ve had a successful year and as litigation funding continues to move into the mainstream, we expect to recruit more people to ensure that we are able to quickly assess leads and finance the cases we know have a good chance of success.”