Bentham IMF Names Allison Chock as Chief Investment Officer, Setting Stage for Further Growth and Development in the U.S.
Bentham IMF today announced the promotion of Allison Chock to the role of Chief Investment Officer and Legal Counsel, with responsibility for overseeing investment management and due diligence processes across the company’s four U.S. offices. Ms. Chock steps into the role after serving for almost four years as an Investment Manager and head of Bentham’s Los Angeles office. She takes the CIO reins from Ralph J. Sutton, who is leaving the company to pursue other ventures.
“Since entering the U.S. market in 2011, our business has grown enormously, from a small start-up breaking into a new market, to one of the leaders of the litigation funding industry,” said Andrew Saker, Managing Director and Chief Executive Officer of IMF Bentham, the parent company of Bentham IMF. “Allison has been instrumental in recent advances we have made towards positioning the company for continued success. We are confident that she is the right candidate to guide decisions pertaining to our US investment portfolio as we build for the future.”
Ms. Chock’s elevation to CIO is one of several major moves that Bentham has made in recent months, with other notable developments including the launch of a new $200 million litigation finance vehicle exclusively dedicated to funding U.S. cases and matters, and the opening of a Houston office.
“We continue to see increasing demand for litigation funding across the U.S. market,” said Charlie Gollow, Bentham IMF’s U.S. Chief Executive. “Allison is well-equipped to oversee the company’s assessment of investment opportunities as we meet this demand with larger scale, more frequent investments in individual cases and law firm portfolios.” Allison’s successful investments to date include a nine-figure settlement to an individual plaintiff in a breach of fiduciary duty case.
“The litigation finance industry has grown considerably since I joined it with the opening of Bentham’s Los Angeles office in 2013. I’m honored to become Chief Investment Officer of a company that has been and will continue to be at the forefront of that growth,” Ms. Chock said. “With our recently launched fund and expansion into new markets, we are well-positioned to advance the industry as litigation finance becomes integral to the legal landscape – among businesses, law firms, individual claimants and investors.”