Newly launched third-party funder, Bentham Europe, has announced the appointment of a new chief investment officer to drive its European expansion.

Jeremy Marshall joins Bentham Europe in October from Irwin Mitchell, where he was formerly the London head of litigation and dispute resolution, as the funder celebrates its official launch into the European market.

Bentham Europe is a joint venture involving Bentham IMF Limited. Bentham IMF is Australia’s largest and most successful funder; it was the first third-party funder to publicly list and has funded over 155 cases through to completion with a value of nearly £1bn.

Jeremy has vast experience as a commercial litigator, with particular expertise in UK securities litigation arising out of market misconduct, an area in which Bentham Europe sees significant opportunity. Bentham Europe’s aim is to become Europe’s leading litigation funder by investing in a broad range of high value commercial litigation and international arbitration claims.

Bentham Europe will particularly focus on cartel cases, multi-party actions and securities litigation with a claim value of £5m-plus in single-party cases and more than £30m in multi-party cases. Jeremy will work very closely with Bentham Europe’s managing director, John Walker, who is one of the founders of the third-party funding industry and IMF in Australia.

John Walker said: ‘We are thrilled that Jeremy has joined Bentham Europe at this exciting time. Bentham Europe’s ambition is to become Europe’s leading third-party litigation funder and we have a solid base on which to grow our already-strong team.’

Jeremy Marshall said: ‘I am delighted to be joining a funder with such a strong pedigree and the ability really to transform the market. Bentham IMF is the leading global litigation funder and with the expansion into Europe we will build on Bentham’s internationally recognised reputation.

‘The opportunities are significant and I look forward to developing the European market as we fund major commercial litigation and arbitration claims.’