LONDON, UK: Litigation Capital Management Limited (AIM:LIT), an alternative asset manager specialising in dispute financing solutions internationally, announced the appointment of its Chief Financial Officer Mary Gangemi to the Board with immediate effect.
Mary joined LCM in April 2020 as Chief Financial Officer, bringing extensive senior management experience having overseen the finance functions of corporations in the UK, Europe and Asia in addition to significant experience in financial services and wealth and asset management.
Mary is based in the London office, now working alongside CEO Patrick Moloney who has relocated as part of a planned management restructuring, which brings LCMs core executive team into a European hub.
Jonathan Moulds, Chairman of LCM commented: “Mary will bring new perspective to the Board and her extensive experience will be extremely valuable as we continue to build out the LCM platform and extend both our own balance sheet commitments and our funds management business”.
Litigation Capital Management (LCM) is an alternate asset manager specialising in disputes financing solutions internationally, which operates two business models. The first is direct investments made from LCM’s permanent balance sheet capital and the second is third party fund management.
Under those two business models, LCM currently pursues three investment strategies: Single-case funding, Portfolio funding and Acquisitions of claims. LCM generates its revenue from both its direct investments and also performance fees through asset management.