Manolete Partners PLC is the UK’s Number 1 insolvency litigation financing company and the largest litigation financier in the Northern Hemisphere by volume of cases.
Having completed investments in well over 100 specialist insolvency cases, we are renowned for our in-depth knowledge of the Insolvency & Recovery sector. We work alongside IPs from all of the “Big Four” through to one and two partner specialist practices in the regions. Case values range from £20k to £50m.
We have a proud record: Every IP who has ever worked once with Manolete, has always returned to us with further cases. The majority of our business is repeat business.
IPs will often introduce their tried and trusted lawyers (or vice versa). We then combine to form a powerful three-way team: with Manolete financing the work of the IP and lawyers to make maximum recoveries for the creditor estates that they represent. Manolete always assumes the entire risk of the case – enabling the IP to make best use of his Insolvency Act powers in the interests of creditors. Lawyers and other professionals working on our cases are remunerated as and when the work is done – they are never asked to act contingently.
Manolete was founded by its CEO, Steven Cooklin, a UK Chartered Accountant and a former Director of HSBC Investment Bank. Steven is a multi-award winning corporate finance expert. The business was co-founded by Michael Faulkner, the CEO of River & Mercantile Plc, the asset management business with over £18 Billion of AUM. Graham Rumney, CEO of the Association of Business Recovery Professionals (known as “R3” the largest Insolvency Trade Body in the UK) is a Non-Executive Strategic Advisor to the business. The company is backed by Jon Moulton, the leading private equity investor in the UK. Jon’s representative, John Jarvis FCA, is a Manolete Board Director.
Manolete invests in all cases directly from its own UK PLC balance sheet. It is not dependent upon any external funding approvals and does not use opaque offshore SPV structures.