Nera Capital, a prominent financial firm with a strong global presence, has recently reached a significant milestone by attaining membership in the European Litigation Funders Association (ELFA). This accomplishment represents a strategic move for the company as it seeks to further solidify its position as a major player in the global litigation funding market.
Based in Dublin, with additional locations in Manchester and The Netherlands, Nera Capital has established a strong reputation for offering innovative financial solutions and cutting-edge technology across a wide range of claim types. The company’s portfolio includes high-volume consumer disbursement funding in the UK, as well as substantial commercial claims in both Europe and the USA.
By obtaining membership in ELFA, Nera Capital has reasserted its commitment to promoting ethical and effective litigation funding practices. ELFA is comprised of professionals from the litigation funding industry, and its management committee includes representatives from the founding companies, Deminor, Nivalion, and Omni Bridgeway.
Membership in ELFA is reserved for firms that have demonstrated excellence in the sector and have a proven track record of deploying a significant amount of capital into the market. Aisling Byrne, Director at Nera Capital, expressed her delight at the company’s inclusion in ELFA, emphasizing the firm’s enthusiasm to collaborate with industry peers and contribute to the advancement of ethical litigation funding practices across Europe.
Nera Capital’s membership comes at a time when the litigation funding market is experiencing rapid growth. The company’s alignment with ELFA positions it to play a crucial role in shaping the future of the industry and promoting the importance of litigation funding.
Wieger Wielinga, Managing Director of Omni Bridgeway and Chairman of ELFA, welcomed Nera Capital’s membership, highlighting the significance of their inclusion and the added value it brings to the association. He noted that with Nera Capital’s operations in several EU jurisdictions as well as the UK, the firm’s expertise will enhance ELFA’s ability to develop best practices and advocate for the funding industry’s role in delivering access to justice across Europe.
In conclusion, Nera Capital’s achievement of securing membership in ELFA underscores the company’s dedication to driving positive change in the litigation funding industry and reinforces its essential role in delivering access to justice. Their involvement in ELFA is a testament to their commitment to transparency, ethical practices, and higher industry standards, benefitting all stakeholders involved and contributing to the advancement of the field.