Augusta Ventures Ltd is a member of the Association of Litigation Funders of England & Wales and has signed up to its Code of Conduct. Established in 2013, Augusta claims to be the largest litigation and dispute funding institution in the UK by the number of cases - with £245m of capital and a team of 85 people in London, Sydney, Melbourne and Toronto.
In September this year, it announced it had raised an additional £92m to invest in funding litigation cases.
PROS
Huge size and scale enables quick and straightforward decisions on funding
Ability to fund cases of any size and complexity
Specialists in creative, flexibility and cost-effective arbitration and litigation
Wide variety of claim types funded (arbitration, class actions, commercial litigation, consumer disputes, competition, financial services, infrastructure and energy and intellectual property)
No requirement for claimants to contribute towards legal costs
KEY POINTS TO CONSIDER
Augusta has a 1:5 costs to awards ratio. Total budget to run the case must be no more than 1/5 of the claim value
Value of claim needs to be at least £200k or more
Augusta does not fund matrimonial or family law disputes
Requires ATE insurance
Augusta has funded approximately 213 claims
Win ratio of just over 80%
Press speculation that it might convert from a private to a public company
If you'd like further information on Augusta or would like us to connect you to their funding team to obtain the most competitive rates, please contact us below.