Vannin Capital—Theo Paeffgen

Litigation funding firm Vannin Capital has announced the launch of its first office in Germany, as well as the recruitment of Theo Paeffgen as regional managing director.

With an office already established in Paris, the company’s newest location in Bonn is its second outpost in continental Europe, and its ninth overall worldwide. Theo has been brought on board to launch the German offering, with experience gained from his former position of CEO of FORIS AG, the first litigation financier in Germany.

Commenting on his new role, Theo said: ‘Germany is a market with great potential and Bonn is well situated between the two largest finance cities in Germany, Düsseldorf and Frankfurt, where all the domestic and international law firms have their headquarters. I very much look forward to helping Vannin Capital further expand into Europe, establishing and growing its presence in Germany, Austria and Switzerland.’

Vannin’s CEO Richard Hextall added: ‘Theo is the ideal appointment to launch our business in Germany. With his introduction of the monetisation of disputed claims to the German market as CEO of FORIS AG, he was a pioneer of the investment potential of dispute resolution funding in that market. His long-standing corporate finance related arbitration experience will position us well for German arbitration disputes.’