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04 May 2023
Categories: Movers & Shakers , Profession
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Harbour—five promotions

Litigation funder promotes five as it focuses on investing in law firms

Harbour has made a series of promotions in its portfolio and fund management teams as it moves its strategic focus to investing in law firms.

Oliver Way (pictured) becomes Senior Director of Legal Finance. In addition to managing a diverse portfolio of cases globally, he is responsible for developing funding opportunities in the UK, the Netherlands and Canada. He is also working with Managing Director Ellora MacPherson and Head of Case Management Mark King with management of Harbour’s investment portfolio. Oliver joined Harbour from Slaughter and May in 2018 and prior to that was with Herbert Smith Freehills.

Diogo Gouveia and Jordan Walsh become Directors of Legal Finance. Diogo was Harbour’s first trainee and qualified with the business six years ago with a focus on structured products and since 2021, Jordan Walsh, who joined from Ashursts in 2021, manages UK and US investments.

Chartered accountant Matthew Molloy is promoted to Associate Director of Fund Finance and Jess Whelan becomes Funds Operations Assistant.

The team at Harbour, the world’s largest independent litigation funder and law firm lender, has grown to 30 in the past year.

The promotions come at a time when Harbour is diversifying into funding law firm’s growth ambitions, as well as single and multiple case funding.

Ellora MacPherson, Managing Director and Chief Investment Officer, who has been with Harbour since 2014 said: 'Congratulations to Oliver, Diogo, Jordan, Matthew and Jess who have been rewarded for their hard work. We are proud of the excellent team we have built at Harbour and look forward to seeing these talented individuals continue to flourish here.

'These are exciting times as we expand our portfolio to offer a broader range of support to law firms looking to grow and I am sure all of those promoted will help us achieve those goals.'

Harbour has been evolving into a lender to legal businesses by offering credit facilities allowing law firms to monetise work in progress, recruit teams and/or make other lateral hires, aid succession planning or de-equitising outgoing partners and founders, and to support the opening of new offices or to merge with or acquire other firms.

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