About Us
Our Offering
United Asset Management Limited is a privately owned asset management business which is focusing on alternative asset classes and ways to deploy capital with the aim of achieving a real return (Inflation +) on the capital. Our funder and our clients are sophisticated and experienced investors and initially we will be focusing on litigation funding, development finance and situation lending. Enquirers will be received from lawyers, alternative funders and our existing network.
Why Us?
With over 30 years experience in financial services and law the directors are well placed to identify opportunities to deploy assets and have an existing pipeline of opportunities which can be discussed on a discrete basis.
Director - Ali Durmus
Originally from Turkey and based in Istanbul and Rotterdam, Ali has over 20 years’ experience working in the legal and corporate services sector including litigation for the European Court of Justice in Luxembourg. Furthermore, Ali has successfully represented corporate clients like Turkuvaz Media Group from Turkey and Sabah Newspaper GmbH as their attorney in several proceedings in Europe. Ali’s experience spans a wide area including in EU-law, international immigration law, investment advisory and corporate structuring for international clients in both the EU and Turkey. Due to his legal background, his language skills (Turkish, English, Dutch, German and French) and his multicultural capabilities and mindset Ali is highly qualified to successfully execute United Asset Management's core activities like litigation funding.
Director - Thomas Weymouth FPFS MCSI
Originally from The United Kingdom with dual Irish nationality and based in London, Tom has over 30 years’ experience working in the financial services sector. Tom’s experience spans a wide area including in banking, arranging debt, wealth management, corporate structuring and capital raising and he has a specialism in helping international clients with all UK matters. Tom is a qualified financial planner and has a passion for wealth management.
Toms previous employers include major international banks and accounting firms and has served as a Non Executive Director on a number of companies ranging from Private Equity backed businesses, listed companies and State owned enterprises.
Litigation Funding
We are currently focusing on litigation funding which is an emerging and potentially profitable alternative asset class (a cross between hedge fund and private equity investment) which contains a number of larger incumbents and now new startups are entering into this space as the notion of litigation funding becomes more well known to various types of claimants. This means more sectors and types of disputes are now available for litigation funders to “invest” into. Litigation funding is well established in Australia, Germany, Canada, US and the UK and is rapidly spreading globally into other countries. Some of the well-established firms are now listed. Third party litigation funding is the process where a third party offers financial support to a claimant of a legal proceeding, mostly in return for a share of the proceeds of the claim, if it is successful. If it is not successful, it is a risk that the third party is willing to take. Parties are generally sophisticated and experienced individuals or corporates and are advised by third party professionals.
Globally disputes are increasing, especially commercial disputes from large corporations to smaller SME’s in the UK where many parties have agreed on UK law as the governing law and this is also why the company is establishing itself in the UK given the number of cases as well as the number of law firms. Funding can cover both legal cases in the courts and also international arbitrations.