Two new recruits for litigation funder
Litigation funder Augusta Ventures has hired two new members to its expanding London team: litigation lawyer Philip Lomax and economist Karolina Ilieva.
Philip joins as a litigation analyst in the due diligence team. His focus will be on reviewing and recommending cases for funding and preparing those cases for legal representation. Before joining Augusta, Philip worked at city firm Elborne Mitchell where he was a member of the shipping and commercial litigation departments, dealing with a broad range of commercial disputes in both arbitration and the High Court.
Karolina is a business economist and joins Augusta as a financial analyst with responsibility for the oversight of the whole August portfolio. Her focus will be on risk analysis and financial modelling for each case. Prior to joining Augusta, Karolina worked at Delta Executive Search, where she was responsible for market research for EMEA investment banking & equity and building a solid analysis of the key players in financial services.
Managing director Louis Young says: “With both lawyers and claimants alike realising the benefits of working with an active and transparent funder, it’s crucial we continue to attract the brightest and best legal and financial talent into our business. The arrival of Philip and Karolina gives us the additional expertise where it is required as our portfolio grows.”




