Vannin Capital, the global expert in legal finance, has announced the appointment of Paul Martenstyn as Managing Director.
Paul will be joining Vannin in October from magic circle barristers' chambers Fountain Court, where he has been a clerk since 2008 and the Deputy Senior Clerk since 2011. During his time at Fountain Court, he has been integral to the development of its domestic and international client relationships, as well as the implementation of its business and marketing strategy.
Paul's expertise and professionalism have been recognised as market-leading by both the Chambers and Legal 500 directories. He is widely recognised for his leadership in the area of the marketing of legal services by the Bar, and is the first barristers' clerk to be awarded a professional qualification by the Chartered Institute of Marketing. He is also a founding member of the Russian/CIS Arbitration Network (RCAN), and currently serves as an Ambassador for Justice and on the IBC Management and Education Committee.
Paul will join Vannin at a time of continued expansion - including a launch in the US in 2017 and in Germany earlier this year - in the context of continued global growth for the litigation funding market. His experience, commercial acumen and network of connections will help drive new investment opportunities and facilitate the sourcing and advancement of high-quality funding cases.
Commenting on the appointment, Vannin Capital CEO Richard Hextall, said: "Having spent more than twenty years immersed in the world of chambers and litigation, Paul has established himself as a highly astute commercial partner. His understanding of the litigation landscape and unwavering commitment to supporting clients will be a tremendous asset to Vannin as we continue to grow our market-leading offering".
Paul Martenstyn added: "Vannin is clearly on an upward trajectory, with an excellent reputation in legal finance and an ambitious strategy to capitalise on the continued growth of litigation funding internationally. I very much look forward to contributing to its continued success."
Alex Taylor, Senior Clerk at Fountain Court Chambers, said: "Paul has been a stalwart of our clerking team for almost ten years and a clerk of absolutely the highest order. Although we will certainly miss him, I can see that the opportunity to tackle a new professional challenge and to contribute to Vannin's progress through what Paul does best was extremely attractive. We wish Paul every success and look forward to working with him in his new role."