Our Services

About us

Asertis provides balance-sheet funding for litigation where there has been clear wrongdoing and claimants are either unable to fund legal action themselves or wish to transfer the risk of litigation.

The Asertis story

Asertis was founded by Ian Madej in January 2020. The company initially focused on buying insolvency claims and pursuing them on behalf of creditor estates, funded by an investment from Arrow Credit Opportunities SCSp.

From the outset, Asertis was different from other litigation funders because it was financed by debt. We used loans from Arrow to fund our clients’ litigation cases. The business grew rapidly, and we recognised an opportunity to work with partner law firms to fund other types of litigation, beyond insolvency. This aligned with our desire to help wronged parties pursue justice.

We expanded our team in 2021 and established distinct operations, investment and finance functions. We opened a London office in February 2021, and appointed experienced litigation funding specialist Harshiv Thakerar as our Chief Investment Officer.

To help us fund the increasing size of opportunities available, we expanded our investor base to include funds managed by AB CarVal. Funds managed by Arrow and funds managed by AB CarVal became minority equity holders in the business.

In May 2021, we expanded into consumer redress (group action) claims and in July 2021 we made our first investment in Financial Services and Markets Authority (FSMA) claims. The business continued to expand its activities and, in June 2023, we became the primary funder of Keller Postman UK, a specialist consumer redress law firm. On the 1st January 2024, we acquired the entire issued share capital to transfer the ownership of Keller Postman UK to Asertis.

Asertis today

Asertis invests in a wide range of high-value claims and disputes, covering commercial litigation, arbitration, group actions, securities litigation and enforcement. We now fund and purchase sizeable commercial disputes running into multi-millions of pounds of investment.

Asertis remains distinctive in the market due to its size and agility, and its on-balance-sheet funding model – but also in its ethical stance. We always seek to be on the side of right, supporting cases that are morally as well as legally sound.

HOW WE ARE FUNDED

Asertis are funded by two investors: Funds managed by Arrow Credit Opportunities SCSp (and related investing entities) (“Arrow”) and funds managed by AB CarVal. Arrow is a leading vertically integrated alternative asset manager specialising in credit and real estate with FUM of €8.0 billion and c.€70 billion of third-party AUM. AB CarVal is a global alternative investment manager with more than $16 billion AUM.* Through our funding line from Arrow and AB CarVal, we have funded and continue to fund litigation on a significant scale.

* The AUM of AB CarVal is comprised of fee-earning AUM and fee-eligible AUM. Fee-earning AUM includes those assets currently eligible to generate management fees. Fee-eligible assets includes capital that is committed to an AB CarVal fund, but is currently uncalled or recallable. The number represented here excludes assets under AB CarVal’s management that are not generating fees due to the maturity of the fund.

If you are interested in discussing our specialist services, please get in touch.

Meet our team

Our team of high-calibre legal and investment management specialists combine financial acumen, industry knowledge and litigation expertise to guide our decision-making and support our clients.

 

* The AUM of AB CarVal is comprised of fee-earning AUM and fee-eligible AUM. Fee-earning AUM includes those assets currently eligible to generate management fees. Fee-eligible assets includes capital that is committed to an AB CarVal fund, but is currently uncalled or recallable. The number represented here excludes assets under AB CarVal’s management that are not generating fees due to the maturity of the fund.