Parabellum Capital Grows, Sharpens Strategic Offerings with Key Hires (Press Release)
Enhances Focus on Direct Sourcing From Corporates
June 19, 2018 08:15 AM Eastern Daylight Time
NEW YORK--(BUSINESS WIRE)--Parabellum Capital LLC (“Parabellum”), a leader in litigation finance, today announced key new hires in sourcing and underwriting. The firm has also relocated from New York’s Financial District to larger offices in Midtown Manhattan.
Increased Sourcing Capabilities
Dai Wai Chin Feman has joined the firm as Director of Commercial Litigation Strategies and Sean Thompson has joined as Director of Intellectual Property Strategies. Both are charged with sourcing investment opportunities directly from corporates as the firm expands its deal flow and velocity of opportunities for partners and investors. They report into Co-Founder and CEO Howard Shams.
Mr. Chin Feman was most recently a litigation partner at Dorsey & Whitney LLP, where he specialized in commercial and antitrust litigation. Mr. Thompson was previously a patent litigator at WilmerHale and Senior Litigation Counsel at Blackbird Technologies, a leading patent monetization company. He was formerly associated with Cravath, Swaine & Moore LLP.
“Although commercial litigation finance has evolved, its core goal remains the same: to benefit claimants. Since we started in this business in 2006, our experience has taught us that transactions are best poised for success when all parties are truly aligned. Scaling our operations to meet increased demand from claimants will enable us to continue achieving what we originally set out to do – present businesses with aligned options to affirmatively pursue their claims,” said Mr. Shams.
“As third-party litigation funding enters the mainstream, the market is changing rapidly in response to the influx of capital. Joining Parabellum was more than an opportunity to enter a growing industry – it provided a unique chance to work with veteran industry innovators who are constructively shaping where it’s going,” said Mr. Chin Feman.
Strengthened Underwriting
In addition to welcoming Messrs. Chin Feman and Thompson, the firm has strengthened its underwriting capabilities with the hire of Angela Ni as Director of Underwriting. Prior to joining Parabellum, Ms. Ni was a senior intellectual property litigator at Paul Hastings LLP. Experienced at the trial and appellate levels, Ms. Ni bolsters the firm’s ability to respond to growing investment demand.
Moshe Schwartz, who joined the firm in 2016 from Boies Schiller Flexner LLP, has been named Director of Portfolio Management. In this role, Mr. Schwartz is responsible for investment structuring and pricing, as well as portfolio risk assessment and management. Mr. Schwartz and Ms. Ni report into Co-Founder and CIO Aaron Katz.
“With the addition of Angela, Sean, and Dai Wai, our bench is among the deepest in the industry. We are positioned for the future of our business. Our team of seasoned and entrepreneurial law and finance professionals is more experienced, nimble, and diverse than ever,” said Mr. Katz.
About Parabellum
Parabellum Capital LLC (“Parabellum”) was founded by pioneers in litigation finance and remains on the forefront of shaping the asset class as the industry continues to mature, evolve and grow. The firm is a trusted financial partner to corporate claimants and law firms on a wide array of meritorious commercial litigation and arbitration situations. Parabellum manages both separate accounts and pooled private equity vehicles for institutional investors globally. Based in New York, Parabellum’s principals have invested approximately $300 million in the commercial litigation arena, with single-case and portfolio investments ranging from six to eight figures. For more information, please visit www.parabellumcap.com/.
Biographies
Angela Ni. Prior to joining Parabellum, Angela was an intellectual property litigator at Paul Hastings LLP where she represented major pharmaceutical and technology companies in complex patent litigation. She has been named a Rising Star in IP Litigation by Super Lawyers and listed among the Top Women Attorneys in the New York Metro Area for the last four years. She is also the recipient of a Jeremy G. Epstein Award from the New York City Bar Justice Center for her life-changing work with veterans. Angela received her B.S. from M.I.T., with Department Honors, a Master of Public Health degree from Yale University, and a J.D., cum laude, from the University of Minnesota Law School. She currently serves on the Board of Directors for the Association of Yale Alumni in Public Health.
Sean Thompson. Sean was previously Senior Litigation Counsel at Blackbird Technologies, a leading patent monetization company. He has also been a member of the litigation departments of WilmerHale and Cravath, Swaine & Moore LLP. While in private practice, Sean served as lead counsel on numerous patent litigations. He also represented some of the largest technology and pharmaceutical companies in the world, litigating cases involving patents directed to a wide range of technologies, including semiconductors, unmanned aerial vehicles, and pharmaceutical products. Sean earned his joint J.D./LL.M. from Cornell Law School, where he was an editor of the Cornell Law Review. He received his undergraduate degree from Boston College and holds a Master’s degree from the London School of Economics.
Dai Wai Chin Feman. Dai Wai was most recently a litigation partner at Dorsey & Whitney LLP, where he specialized in commercial and antitrust litigation. Dai Wai has broad experience in complex disputes concerning breaches of contract, competition, tortious interference, trade secrets, restrictive covenants, licensing, rights of first refusal, shareholder oppression, soft intellectual property, and securities. While at Dorsey, Dai Wai was named a Super Lawyers Rising Star in Business Litigation from 2015 – 2018. Also experienced in transactional matters, Dai Wai has represented purchasers and sellers in mergers and acquisitions, as well as various parties in commercial agreements. Dai Wai received his A.B. from Georgetown University and his J.D. from New York University School of Law. He is a board member of the Asian American Bar Association of New York, where he also serves as Vice-Chair of the Judiciary Committee.