Growing interest in third-party funding of disputes in India


The dispute finance industry is still at an early stage in India but is growing rapidly. In the last two years, IMF Bentham Limited’s team in Asia have assessed many funding applications for Indian parties. 

Tom Glasgow, IMF Bentham’s Chief Investment Officer (Asia), was recently interviewed by about third-party finance in India. is one of India’s leading online publications of financial and business news, data and analysis. Tom explained that, at this stage, IMF Bentham is focussed on the arbitration market in India, including the enforcement of arbitral awards, as well as claims arising out of insolvencies. Commercial litigation in the Indian courts carries greater uncertainty, delay and risk. To date, we have been presented with a number of matters involving the enforcement of international or domestic arbitral awards in India, including awards against State parties. 

Tom also told VCCircle that we work with reputable local law firms in India, as well as with international firms who have a strong Indian-client base.  Increasingly, we are engaging directly with Indian corporates looking to share the cost and risk of complex international disputes and monetise their litigation assets.

IMF Bentham is targeting funds under management in the region of AUD$1.3 to 1.5 billion towards the middle of this year, a significant portion of which will deployed to fund matters in Asia.

An extract from the article published by VCCircle is set out below. For the full article, click here.

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