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07 August 2017

Vannin Capital launches NYC office as part of 12-month growth plan

International dispute resolution funder Vannin Capital (Vannin) has added three new investment directors to open an office in NYC - the company's second office in the US and eighth globally.

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Commercial litigators Michael German  from Arnold & Porter Kaye Scholer,  Alan Guy from Freshfields Bruckhaus Deringer US and Carolina Ramirez  from Dentons US have all joined Vannin as US investment directors. This is the latest stage in Vannin’s plans to develop its presence in the US following the appointment of investment director and international arbitration specialist Jeffery Commission  in Washington, DC last year.  Two new high-profile investment committee members will also be joining the team shortly. In 2016 Vannin announced an increase in capital to $500 million from blue-chip asset management firm Fortress Investment Group.

Important step

‘This important step in New York, where many of the world’s leading law firms are headquartered, is just the precursor to further global growth over the next 12 months,’ said chairman Dan Craddock. ‘Our strategy has always been to complement our US East Coast offering with the right litigation team; likewise we’re now looking at our mid and west coast presence, in addition to significant expansion in other new and existing territories, including The Middle East and Asia.’

Increase global litigation team  

Mr Craddock added: ‘Michael, Alan and Carolina in New York are fantastic additions to the Vannin team. Their appointments further increase Vannin’s global litigation team and coincide with that of investment director and commercial litigation specialist Andrew Jones  from Linklaters in London in July and portfolio manager Sibylle Natcheva from Baker McKenzie in the Isle of Man.’

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