Launching Orington Capital

MEDIA RELEASE
(For immediate release)

Launching of new specialist legal finance investment firm, Orington Capital

Sydney, 8 March 2021 – Legal finance investment specialist, Wei-Khing Seow, today announced the launch of Orington Capital (Orington), a specialist legal finance investment firm with some believed to have global first attributes.

Making Orington distinctively different from traditional litigation funders is the ability to invest holistically in the sector across the entire capital and investment structure, both in public and private markets. This provides the opportunity to create the most comprehensive and diverse portfolio of legal finance assets.

In addition, Orington has created a bespoke offering called Portfolio Manager as a Service (PMaaS) for investors to gain access to Orington’s legal finance intellectual property (IP) through a complete portfolio management solution under one’s own investment mandate and structure. Orington’s PMaaS has many unique benefits; details can be found at orington.com/pmaas.

The launch of the new firm combines Wei-Khing’s deep expertise in legal finance, having been a successful investor in the asset class over the last 6 years. His 20 years of experience in global equities, REITs, private credit, managed funds and parts of the derivative markets provides significant broader investment knowledge. This includes assisting in the portfolio management of an A$1.5bn global investment fund. In addition, Wei-Khing will draw from his broad commercial acumen developed as an executive in multinational companies and as a management consultant to analyse the commerciality of individual cases and business models.

Commenting on the formation of Orington, Mr Seow said: “I am extremely pleased to be bringing a unique offering to market that provides access to this rapidly growing and exciting asset class. Orington’s ability to invest holistically and unconstrained across the entire sector provides many ways to back meritorious claims, either directly or indirectly. This allows Orington to provide the widest sector specific investment offering, capturing venture-like returns, while also negating some of the criticisms of illiquidity and opaqueness that the asset class has faced.”

Orington’s launch comes as the legal finance industry continues to experience significant growth and increasing maturity. Institutional investors have started investing directly into the sector. There is an increasing number of publically listed securities and potential listings, as well as more private and public credit deals being struck.

Mr Seow said while the sector is growing quickly with more and more players operating in different vertical niches, this provides an increasing and diverse number of opportunities to allocate capital, at extremely attractive pricing and valuations over both the short and long term.

“Orington provides another source of capital to the legal finance market. We partner with operating litigation funders by co-investing in cases and invest in their capital structure. In addition, we provide law firms, that services clients on contingent basis, working capital. We additionally provide access to Orington’s IP of this dynamic and socially beneficial asset class. Orington operates as a social enterprise and has a strong and positive environmental, societal, governance (ESG) philosophy. Our investments aid access to justice, enforce rule of law and provide both a deterrent, as well as outcomes to environmental and societal damages.” Mr Seow said.

ENDS
 

Notes to Editor

About Orington Capital
Orington Capital (Orington) is an Australian private investment firm established in 2021 specialising in legal finance. Orington offers an additional source of capital to operating litigation funders and law firms working on contingent cases. Orington is unique with the ability to invest holistically in the asset class across the entire capital and investment structure in both public and private markets, providing the most comprehensive and diverse portfolio of legal finance assets. In addition, Orington offers access to the firm’s IP via its Portfolio Manager as a Service (PMaaS). Visit orington.com for further details.

About Wei-Khing Seow
Wei-Khing Seow (Managing Director & Portfolio Manager), has 20-years of experience in global equities, REITs, private credit, managed funds and parts of the derivative markets. Additionally he has established a successful 6-year track record in the legal finance industry. Wei-Khing combines deep legal finance knowledge with unique capability to access, create and execute opportunities across the entire capital and investment structure in both private and public markets. Wei-Khing's career spans assisting the portfolio management of A$1.5bn global fund, executive roles in multi-national companies, as well as management consulting. He has a strong philosophy in allocating capital and living in a sustainable manner, with his goal of leaving this planet, from all angles of ESG, in a better position than when he entered. Originton is a key contributor to him reaching his goal.

​Contacts for further information:
Wei-Khing Seow, MD & PM: 0414 685 810, [email protected]