Sandfield Capital – a litigation finance company that provides loans to tenants pursuing housing disrepair claims – has secured a £600m facility from Perspective Investments to be deployed over the next three to five years.
The facility was conditional on suitable claims for funding being identified and will enable Sandfield Capital to expand its legal panel and the range of claims it handles.
It followed three fundraises for Sandfield Capital in the past 12 months, totalling £30.5m.
Securing a new location for its Liverpool operations centre, together with a recruitment drive for new staff are key objectives for the first half of 2025.
Sandfield Capital handles claims for housing disrepair, military deafness, mortgage and interest miscalculation and undisclosed commissions.
Steven D’Ambrosio (pictured), CEO of Sandfield Capital, said: “This new facility presents significant opportunities for Sandfield and is testament to our business model.
“Key to our strategy to deploy the facility is expanding our legal panel. There’s no shortage of quality law firms specialising in this area and we are keen to develop further strong and symbiotic relationships.
“Perspective Investments see the considerable opportunities and bring a wealth of experience in institutional investment with a strong track record.”
Arno Kitts, founder and chief investment officer of Perspective Investments, added: “Sandfield Capital’s business model includes a bespoke lending platform with the ability to integrate seamlessly with law firms’ systems to ensure compliance with regulatory and underwriting standards.
“This technology enables claims to be processed rapidly whilst all loans are fully insured so that if a claim is unsuccessful, the individual claimant has nothing to pay.
“This is an excellent investment proposition for Perspective Investments and we are looking forward to working with the management team who have a track record of continuously evolving the business to meet growing client needs.”
