Monterey Group Collaborates with Omni Bridgeway in Litigation Funding

Collaboration in Litigation Funding

Monterey Capital Management Japan, headquartered in Tokyo, has embarked on a significant collaboration with Omni Bridgeway Limited, an Australian-listed entity, to co-invest in automotive loan overpayment claims in the UK. This strategic partnership aims to leverage each firm’s expertise in litigation financing and offer expanded investment opportunities to a variety of stakeholders.

Overview of Monterey Group

Monterey Group is an independent investment management firm based in Singapore that focuses on a broad spectrum of alternative investments, particularly litigation finance. The Japanese entity, Monterey Japan, holds a registered investment management license and endeavors to provide specialized investment solutions to investors across Asia and Japan.

Comments from Executives

Kazuhiko Hiruta, CEO of Monterey Japan, expressed enthusiasm about utilizing their investment framework in Japan to introduce diverse alternative strategies to a wide array of investors. He emphasized that litigation finance represents a promising area within their investment portfolio due to its potential for diversification.

Kei Murata, CEO/CIO of Monterey Capital Management Pte. Ltd., highlighted the similarities between the historical overpayment issues experienced in Japan and the current situation concerning auto loans in the UK. He noted that the parallels in the structures and processes present investment opportunities that are easy for investors to understand. Given the typically shorter resolution and recovery timelines associated with litigation finance, this endeavor holds considerable significance in their investment strategy.

Tom Glasgow, Chief Operating Officer at Omni Bridgeway, remarked on the firm’s extensive expertise in litigation finance across global and Asian markets. He expressed excitement about collaborating with Monterey Group to advance fair remedies for consumer claims, showcasing the strengths of both organizations in resolving complex disputes.

About Omni Bridgeway

Omni Bridgeway is a leading global company that provides legal risk financing and management, operating in various regions including Asia, Australia, Canada, Europe, the Middle East, the UK, and the US. With profound insights in both civil law and common law, the company supports clients from the inception of claims through post-judgment enforcement and recovery. Since its establishment in 1986, Omni Bridgeway has built a remarkable track record of success globally. It is publicly listed on the Australian Securities Exchange and also has partnerships with various entities, including a joint venture with the World Bank Group.

Conclusion

This collaboration between Monterey Group and Omni Bridgeway marks a proactive step towards addressing consumer rights and expanding the accessibility of litigation finance as an investment vehicle. As both companies advance in this field, they aim to offer innovative solutions while ensuring justice for consumers impacted by the complexities of auto loan issues in their respective markets.